9/21/1932 · DEED · book 25 page 199 doc 9110

199 TO ALL PEOPLE TO WHOM THESE PRESENTS SHALL COME, GREETING: KNOW YE, That, we Stanton C. Saunders and Carl W. Saunders, both of the Town of Westerly, in the County of Washington, State of Rhode Island, for the consideration of five hundred ($\$500.00$) dollars received to our full satisfaction of the Estate of Henry D. Barrows of the town of New London, County of New London, and State of Connecticut, do give, grant, bargain sell, and sell and confirm unto the said Estate of Henry D. Barrows a certain tract or parcel of marsh land lying and being near Quonochontaug Beach, in the Town of Charlestown, in said County and State, and bounded and described as follows, to wit: Beginning at the southeasterly corner of said tract at a stone post, and thence running northerly and north-easterly by the old break road and said boundary of Town of Charlestown, to the west branch of the Break, until it comes to a stone post at the edge of Hazard Marsh, so called; thence westerly by the whole or part of the break road, to a stone post and "splash"; thence southerly, bounded westerly by the jude Taylor Marsh, so called, by a stone post; thence south-easterly, bounded southerly by lands now or formerly of the heirs of Bowen Briggs, deceased, to the point of beginning, the whole or part of said boundary being straight line (approx. acres), the same or more or less; or however otherwise the same may be bounded or described. Being the same land conveyed to the within grantors by James A. Saunders by deed dated March 20th, 1931, and recorded in Town of Charlestown Records of Deeds, Book 44, page 167. And we further agree and covenant that this mortgage is taken under the express condition, that if the mortgagors shall fail to pay any of the principal or interest payments, the whole the said Carl W. Saunders is to be paid his and share of Stanton C. Saunders is to be paid his share, and the mortgagee agrees to release this mortgage in such event under said conditions. TO HAVE AND TO HOLD the above granted and bargained premises, with the appurte- nances thereof, unto it, the said grantee, its administrators, successors heirs and assigns forever, to its own proper use and benefit. And also, we the said grantors, do for ourselves, our heirs, successors and administrators covenant with the said grantee, its administrators, heirs, successors and assigns, that at and at until the ensuing of these presents we are well seized of the premises, as a good indefeasible estate in fee simple; and have good right to bargain and sell the same in the manner and form as is above written; and that the same is free from all encumbrances whatsoever. AND FURTHERMORE, we, the said grantors, do by these presents, bind ourselves and our heirs forever to warrant and defend the above granted and bargained premises to the said grantee, its administrators, successors heirs and assigns against all claims and demands whatsoever. THE CONDITION OF THE PRESENT BOND IS SUCH, that whereas the said grantors are justly indebted to the said grantee in the sum of five hundred ($\$500.00$) dollars, as evidenced by their joint and several promissory note for that sum of even date herewith, payable to the order of the said grantee with 6% interest per annum payable semi-annually in advance, Said principal sum of $\$500.00$ is to be payable as follows: $\$8.85$ on October 1rd, 1932, and $\$8.85$ each week thereafter until such time as said principal sum of $\$500.00$ is paid in full with interest. In case of default in said weekly payment when due then the entire amount remain- ing unpaid shall become immediately due and payable. In case of foreclosure proceedings affecting this mortgage we agree to pay all costs in connection therewith including a reasonable attorney's fee charging to the above premises. NOW THEREFORE, if said note shall be well and truly paid according to its tenor, then this deed shall be void, otherwise to remain in full force and effect. IN WITNESS WHEREOF, we have hereunto set our hands and seals this twentieth day of September, A. D. 1932. Signed, sealed and delivered in presence of) STANTON C. SAUNDERS (SEAL) ) CARL W. SAUNDERS (SEAL) ) MARY PEARSON SAUNDERS (SEAL)

200 STATE OF CONNECTICUT ) NEW LONDON, COUNTY ) SS. In Westerly on the 20th day of September, 1932, before me personally appeared Stanton C. Saunders, Carl W. Saunders and Mary P. Saunders, wife of Carl W. Saunders, 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 their free act and deed. JOHN F. GALLAGHER Commissioner of the Superior Court for New London County. Received for record September 21st, A. D. 1932, at 5:35 o'clock p. m., and recorded by [Signature] Town Clerk.