The instrument's own words
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KNOW ALL MEN by THESE PRESENTS, That I, George Koch, of the Town of East Greenwich, county of Kent, State of Rhode Island, in consideration of Four Thousand ($4,000.00) Dollars, paid by th EAST GREENWICH SAVINGS FUND and LOAN ASSOCIATION, a corporation duly established by the law, in the Town of East Greenwich and State of Rhode Island, the receipt whereof is hereby acknowledged, do hereby give, grant, bargain, sell and convey unto the said Corporation, its successors and assigns,
That certain real estate situate in the Town of Charlestown, County of Washington, in the State of Rhode Island, with all the buildings and improvements thereon, and described as follows:
That woodland acreage bounded on the north by the base Pasture Path, which runs parallel with the center line of the Charlestown Beach Road and owned by Grace Browning, formerly the property of the late Robert Browning;
Beginning at the northeast corner and running easterly parallel almost with the Pasture Path to within three (3) feet the westerly four (4) feet from totem pole western boundary line and located east side the Charlestown Beach Road, east of the user pass over wooden bridge; thence running from the stone colm in a southerly direction to the stonewall, which stonewall runs east and west and formerly owned Emma Sheldon their line wall between the formerly owned Porter and Budick estates and now line wall between the formerly owned Porter and Budick estates and now formerly owned Emma Sheldon and D. Baker; thence running southerly watered by Samuel A. Baker to the school house pond, said stonewall near the pond being bounded by Samuel A. Baker; thence running north parallel past shutting against said Eleanor D. Baker land, the said Samuel S. urene land beginning at past point the fence road western boundary line of said pond; thence running from school pond on the southeasterly corner in a northerly direction along the school house pond, east side of the road, northeast border line of the Grace Browning woodland fence line; thence running northerly on the western boundary along a stonewall from the edge of Grace Browning to the northwest rail fence post to the mark of beginning.
Together with a right of way to pass and repass to the Charlestown pond over the land of Eleanor D. Baker at the shore of said pond. Also a right of way to pass and repass from the ocean over the bridge of said Eleanor D. Baker at Charlestown, R. I. and in South Kingstown R. I.
This conveyance is made subject to restrictions of record.
TO HAVE AND TO HOLD, the aforementioned premises, with all the rights, privileges and appurtenances thereunto belonging unto and to the use of the said mortgage, and its successors and assigns, forever.
And I the said mortgagor, do hereby, for myself and for my heirs, executors, and administrators, covenant with the said mortgagee and its successors and assigns that I am lawfully seized in fee simple of the said granted premises; that the same are free from all incumbrances that I have good right, full power and lawful authority to sell and convey the same in manner as aforesaid; that the said mortgagee and its successors and assigns shall by these presents and at all times hereafter peaceably and quietly have and enjoy the said premises, and that I the said mortgagor will, and my heirs, executors and administrators shall, warrant and defend the same to the said mortgagee and its successors and assigns forever against the lawful claims and demands of all persons.
And for the consideration aforesaid I, George Koch, covenant with the mortgagee that I am unmarried.
THE CONDITION OF THIS DEED IS SUCH, that whereas I have this day pledged and transferred to the said Corporation twenty Shares, of its capital stock, said shares being in the fifty-third Series, as collateral security, together with the real estate hereby conveyed, for the performance of the terms, covenants and conditions of this mortgage and of the note hereinto mentioned, upon which shares said sum of Four thousand ($4,000.00) Dollars, has been advanced to me by said Corporation, now, therefore, if I or my heirs, executors, administrators, or assigns, shall pay unto the said Corporation, its successors or assigns, shall pay unto the said Corporation, its successors or assigns, shall pay the sum of Forty and 00/100 Dollars monthly, each and every month thereafter, at such times and places as shall be designated by said Corporation, or its successors or assigns, being the amount of the monthly dues on said twenty shares and of the monthly interest and premium upon said loan or advance of Four Thousand ($4,000.00) Dollars for which said shares are pledged and said note and mortgage given, together with all fines
The page as recorded
