6/13/1934 · MORTGAGE · book 25 page 464 doc 9353

464 KNOW ALL MEN BY THESE PRESENTS, that I, Charles R. Parsons of Hartford, Connec- ticut. Hereinafter called the mortgagor, in consideration of six hundred Dollars to me paid by Arthur E. Parsons of said Hartford. hereinafter called the mortgagee, the receipt whereof is hereby acknowledged, do hereby give, grant, bargain, sell and convey unto the said mortgagee, and his heirs and assigns forever, Certain lot or parcel of land or lot of dwelling house and other improvements thereon, storage sheds and other structures, and being in the town of Charlestown, county of Washington and state of Rhode Island, and more fully described and delineated as following after the word "and" as is shown and delineated on the sworn plan or plat, entitled, "plan of Quonochontaug Shore, Beach Road, section 1, lot 4", showing lines, angles, sights first made in the Oct. 1952, Rossi and Lewis, engineers" said plan or plat being on file in the town office, Charlestown, Rhode Island, and more particularly described as the Same Premises which were conveyed to said Charles R. Parsons by Howard R. Thorp, by deed dated the 24th day of September 1955, and recorded in the land evidence records of the town of Charlestown, in book 13 number 22 page 357, together with all of the rights way of other and benefits granted to the aforesaid premises and subject to all of the covenants and restrictions therein named. 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 mortgagee, and to his heirs 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 his heirs and assigns that I am lawfully seized in fee simple of the said granted premises; that the same are free from all incumbrances except two mortgages to Industrial Trust Company, now on record, 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 his heirs and assigns shall by these presents 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 to his heirs and assigns forever against the lawful claims and demands of all persons. And for the consideration aforesaid do hereby release all my right of dower and all other rights, statutory or otherwise, in and to the said granted premises unto the said mortgagee and to his heirs and assigns, forever. PROVIDED, NEVERTHELESS, this conveyance is made under the express condition, that if the said mortgagor or his heirs, executors, administrators or assigns, shall pay unto the said mortgagee or his executors, administrators or assigns, the sum of six hundred dollars, wherever for the said mortgagor has made his negotiable promissory note for said aggregate sum, bearing oven date with these presents, and made payable to the order of said Arthur E. Parsons, with out interest at the rate of twenty five dollars per month at the office of Edward W. Broder at Hartford Conn., until said principal sum is paid, whether at or after maturity, and all installments of interest in arrear, whether before or after maturity, to bear interest at the rate aforesaid until paid and shall also pay all taxes and assessments of every kind levied or assessed upon or in respect of said premises, then this deed, as also said promissory note, shall become and absolutely void to all intents and purposes whatsoever. but IF DEFAULT shall be made in the payment of the said note or of said interest, at the time or times and in the manner aforesaid, or of the taxes or assessments aforesaid, as the same become payable, or of any of either of them, or of any part thereof, or if breach shall be made of the covenant for insurance hereinafter contained, then it shall be lawful for the said mortgagee, his executors, administrators, or assigns, to sell, to- gether or in parcels, all and singular, the premises hereby granted or intended to be granted, or any part or parts thereof, and the benefit and equity of redemption of the said mortgagor and his heirs, executors, administrators and assigns, therein at public

465 auction upon the premises and to bid for and be done the purchaser or purchasers at any such sale (and no other purchaser or purchasers shall be answerable for the application of the purchase money), first giving notice of the time and place of sale by publishing the same at least once each week for three successive weeks in The Westerly Sun, a daily newspaper published in Westerly, R. I., with power to adjourn such sale from time to time, provided that the publishing of said notice shall be continued, together with a notice of the adjournment or adjournments, at least once each week in the same newspaper, and in his or our own name or names, or as the attorney or attorneys of the said Charles R. Parsons, Arthur E. Parsons (for that purpose by these presents duly authorized and appointed with full power of substitution and revocation), to make, execute and deliver to the purchaser or purchasers at such sale a good and sufficient deed or deeds of said premises in fee simple and to receive the proceeds of such sale or sales, and from such proceeds to retain all sums hereby secured, whether then due or to due or fall due thereafter, or the part thereof then remaining unpaid, and also the interest then due on the same, together with all ex- penses incident to such sale or sales, or for making deeds hereunder, and for fees of coun- sel and attorneys, and all costs or expenses incurred in the exercise of said powers, and all taxes, assessments and premiums for insurance, if any, either heretofore paid by the said mortgagee, his executors, administrators or assigns, or then remaining unpaid upon said granted premises rendering and paying the surplus of said proceeds of sale if any there be, over and above the amount s to be retained as aforesaid, together with a true and particular account of such sale, or sales, expenses and charges, to the said mortgagor and his heirs, executors, administrators or assigns, which such sale or sales made as aforesaid shall forever be a perpetual bar both in law and equity against the said mortgagor and his heirs, executors, administrators and assigns, and all persons claiming said premises, so sold, by, from or under him or them, or any of them. ANDD the said mortgagor, for myself and for my heirs, executors, administrators and assigns, hereby covenant with the said mortgagee, and his heirs, executors, administrators and assigns, that I and they will upon request execute such deed or deeds confirmatory of said sale or sales as may be required. IN WITNESS WHEREOF, I have hereunto set my hand and seal this first day of MAY, in the year of our lord one thousand nine hundred and thirty four. Executed in presence of James T. Pratt, Jr Samuel B. Gurney CHARLES R. PARSONS VENA PARSONS STATE OF CONNECTICUT) County of Hartford ) In 71 Farmington Ave on the 10th day of May, A. D. 1934 before me personally appeared Charles R. Parsons, Vena Parsons to me known and by me to be the party executing the foregoing instrument, and acknowledged said instrument, by the executed, to be the free act and deed. Gladys Luckingham, Notary (SEAL) Hartford, Conn My commission expires Feb. 1938. Received for record June 13th, A. D. 1934 at 9:30 o'clock, A. M., and recorded by [Signature] Town Clerk. For Discharge of above Mortgage, see Book 29, Pages 280-281)