The instrument's own words
page 1
54
Dollars of such insurance shall be assigned and transferred, or made payable in case of
loss, to the said mortgagee, or its successors or assigns, as collateral security here-
to, and in default thereof, hereby agree that the said mortgagees, or its successors or
assigns, may effect such insurance in the name of the said mortgagors, and that the
premium or premiums paid therefor shall be a further charge upon said granted premises,
secured by these Presents.
AND FURTHERMORE, the mortgagors, for themselves and for their heirs, executors,
administrators and assigns, hereby covenant with the mortgagees, its successors and assigns,
that in the event of the purchase by the said mortgagee of any prior mortgage on the
premises, such sum as may be expended by said mortgagee, its successors or assigns,
in securing said prior mortgage in excess of the amount secured by said prior mortgage
shall be secured by this mortgage.
IN WITNESS WHEREOF, we have hereunto set our hands and seals this second day
of December in the year of our Lord one thousand nine hundred and thirty-one.
Signed and Sealed in
presence of: (G. S. BRIGHTMAN) (seal)
(ALICE M. BRIGHTMAN) (seal)
HENRY HARRIS (CHARLES S. BRIGHTMAN)
STATE OF RHODE ISLAND, &c.)
COUNTY OF WASHINGTON, Ss.)
In Westerly on the second day of December, A. D. 1931, before me personally
appeared Charles S. Brightman and Alice H. Brightman, to me known and known by me to be
the parties executing the foregoing instrument, and they acknowledged said instrument
by them executed, to be free act and deed.
CHARLES E. RICHARDSON
Notary Public.
Received for record December 2nd, A. D. 1931 at 1:40 o'clock P. M. and
recorded by [Signature] Town Clerk.
THE MORRIS PLAN COMPANY OF RHODE ISLAND, having received full payment and
satisfaction of the within mortgage recorded in the Records of Land Evidence in the Town
of Charlestown in the State of Rhode Island, in Mige Book #25 page 52-53-54, hereby
cancels and discharges the same; and covenants to and with the person making said payment,
that it is the present owner of said mortgage.
IN WITNESS WHEREOF it has caused its corporate name to be subscribed and its
corporate seal to be affixed by Howard E. Gladding, Secy & Gen Mgr. Kenneth A. Burdick
its Asst Mgr., thereunto duly authorized, this 19th day of June, A. D. 1934.
THE MORRIS PLAN COMPANY OF RHODE ISLAND (SEAL)
By Howard E. Gladding, Secy & Gen Mgr.
Kenneth A. Burdick, Asst. Mgr.
Above discharge received for record June 19th, A. D. 1934 at 1:20 o'clock,
p. m., and recorded by [Signature] Town Clerk