The instrument's own words
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the payment thereof all the expenses incident to such sale or sales,
to apply and appropriate the residue thereof to the payment of the
amount of principal and interest of said note hereby secured; (and
the say agreeing that in case of a sale for default in the payment
of said sums and interest the principal of our said note shall be
paid and applied on the day of such sale) accounting for us
and our heirs and assigns, for all sums then and there due the amount
of our said undertaking and concerning such sale or sales as
above made or shall be made by our notee hereof.
We further do bind ourselves to receive and for our heirs,
devisees who will, willingly do hereby covenant with
the said notee, its successors or assigns, that insurance against
all loss by fire shall be kept and maintained upon the buildings on
the premises described, in a sum not less than two thousand Dollars
and that the said policies of insurance shall be assigned
and transferred to the said notee, its successors and assigns, as
their sole and only act and in respect thereof we hereby agree that
the said notee its successors in actions, may effect with insurance,
and the premiums, commissions and taxes shall be a further lien
upon the said estate added to the amount of said note and secured by
their instruments.
Witness our hands and seals return hands and
seals this 11th day of June A.D. 1936.
[?]
[?]
[?]
[?]
Everett E. Brown
Eleanor E. Brownie
State of Rhode Island
County of [?]
On Demand, this 11th day of June A.D. 1936 before me
appearing Everett E. Brownie and Eleanor E. Brownie each to me known,
acknowledging me to be the notary public described in, and now appointed
to the said office and they severally acknowledged said instrument
to be their act and deed.
David Robertson
Notary Public L.S.
Received and recorded June 13th 1936 at 9-10 oclock Am,
and entered by George Carter, Town Clerk