10/2/1934 · MORTGAGE · book 25 page 574 doc 9451

574 KNOW ALL MEN BY THESE PRESENTS That I, HANNA TOIVONEN RONNING, nee Hanna Toivonen, formerly of 9 west 126th Street, New York City, and now of the Town of Charles- town, in the County of Washington and State of Rhode Island, hereinafter called the Grant- or, in consideration of One Thousand Dollars paid, by the WAKEFIELD SAVINGS FUND AND LOAN ASSOCIATION, a Corporation duly established under the laws of the 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, a certain tract of land, together with the buildings and other improvements thereon, lying in said Town of Charlestown, con- taining by estimation thirty (30) acres, more or less, and bounded and described as follows:- northerly by land of Otto Korpi; easterly by land of Jacob Koivisto; southerly by land of Novo or formerly of John Tucker, deceased; it also easterly by Pumplin Brook; and westerly by river or however altering the same may be bounded and described; Together with a convenient right of way to and from the above described premises to the road used in accordance with the provisions of a deed from Jacob Koivisto to Tolvo Filiman et ux, dated March 19, 1952 and recorded in the Town of Charlestown Land Evidence in said Town of Charlestown, in Book 25, Page 56. Being the same premises conveyed to the said Grantor in her maiden name of Hanna Toivonen (prior to her marriage to William Ronning) in a deed dated August 15, 1953 and recorded by Tolvo Filiman, et ux, by deed dated August 15, 1953 and recorded in said Charlestown Town of Land Evidence, in Book 25 page 155. Reference is also made to a Corrective Deed of said premises from idiots Tolvo Filiman et ux to Hanna Toivonen, dated August 10, 1954 and re- corded in said Charlestown Records of Land Evidence, in Book 25 page 516. TO HAVE AND TO HOLD, the said granted and bargained Premises, with all the priv- ileges and appurtenances to the same belonging, to said grantee, its successors and assigns forever. I, the said grantor, for myself and for my heirs, executors and administrators, do covenant with the said grantee, its successors and assigns, that at and before the ensuing heralded here before I am the true, sole and lawful owner of the abre bargained Premises, and am lawfully seized and possessed of the same in my own proper right, as good, perfect and absolute estate of inheritance in fee simple; and have in me good right, full power and lawful authority to sell and convey the said bargained Premises in manner as aforesaid. and that the said grantee, its successors and assigns, shall and may from time to time, and at all time and forever hereafter, by force and virtue of these Presents, lawfully, peaceably and quietly have and enjoy the said Premises, with all the appurtenances free and clear of all encumbrances of what nature or name whatever, sour might in any measure or degree obstruct or make void this present deed. Furthermore I, the said grantor, for myself and for my heirs, executors and administrators, do covenant and engage the above described premises to the said grantee, its successors and assigns, against the lawful claims and demands of any person or persons whatsoever, forever to warrant, secure and defend by these Presents. and I, WILLIAM RONNING, husband of the said Hanna Toivonen Ronning, and here- inafter called with her in the term grantor in consideration of the sum paid as aforesaid, do hereby release and forever quitclaim unto the said grantee, its successors and assigns, all my right of curtesy in and to the aforesaid premises. THE CONDITION OF This deed is such, that whereas we have this DAY pledged and transferred to the said Corporation five (5) Shares of its capital stock, said shares, being in the fifty First 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 hereinafter mentioned, upon which shares said sum of One thousand Dollars has been advanced to us by said Corporation, now therefore, if we or our heirs, executors, administrators, or assigns, shall pay unto the said Corporation, its successors or assigns the sum of Ten 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 five shares and of the monthly

575 interest upon said loan or advance of One Thousand Dollars for which said shares are pledged and said note and mortgage give, together with all fines chargeable by the By-laws of said Corporation upon arrears of such payments, until said shares shall reach the ultimate value of two hundred dollars each, or till we or our heirs, executors, administrators or assigns, shall otherwise pay sooner pay unto said Corporation, its successors or assigns, said sum of One Thousand Dollars together with the said interest and fines as aforesaid, to the time of such payment, and until said loan shall be paid or cancelled by the ultimate value of said shares, if we shall pay all taxes and assessments on the granted premises, as they shall become due, shall keep the buildings thereon insured against fire in a sum not less than One thousand Dollars for the benefit of the grantee, its successors or assigns, at such insurance office, as it or they shall approve, and shall not commit or suffer any strip or waste of the granted premises, or any breach of any covenant herein contained, in whole or in part, then this deed, as also a note of even date herewith bringing, signed by us whereby we promise to pay to the grantee the said sums at the times aforesaid, shall be void, otherwise shall be and remain in full force and effect. Furthermore, we the said grantors do hereby constitute and appoint the said Corporation, its successors and assigns, our Attorneys, irrevocable, with full powers of substitution and revocation for us and in our names, or in its or their name or names at any time, in case of non-payment of the aforesaid monthly due, interest, monthly or fines for the period of three months after any payment thereof shall be due, or upon any other default in the performance or observ- ance of the foregoing condition, to sell the granted premises, or such portion thereof as may remain subject to this mortgage, in case of any partial release hereof, together with all im- provements that may be thereon, and all benefit and equity of redemption of us and our represen- tatives therein, at public auction upon the premises first publishing a notice of the time and place of sale, once each week for three successive weeks, in any newspaper published in said county of Washington, and in its or their name or names, or as our Attorney or Attorneys, to make, execute, seal, acknowledge and deliver to the purchaser or purchasers a full and absolute estates in fee simple therein; and such sale shall forever bar us and all persons claiming under us from all right and interest in the granted premises, whether at law or in equity. And on sale of the reef (hereby granting unto said Attorneys power to continue or ad- journ such sale from time to time) we do authorize said Attorneys to receive the amount the name may be sold for, and out of the money arising from such sale, the grantee, or its successors or assigns, shall be entitled to retain sufficient money to repay said loan or advance in full, together with interest and fines due, and all costs, charges and expenses incurred or sustained by reason of any failure or default on the part of us and or of our representatives to perform and fulfill the conditions of this deed, including the taxes, assessments and premiums of insurance erring, therefore paid by said Corporation, its successors, or assigns, upon said granted premises, rendering the surplus, if any, to us, or our heirs or assigns. And it is agreed that the grantee, or its successors or assigns, or any person or persons in their behalf, may purchase at any sale made as aforesaid, and that no other purchaser shall be answerable for the application of the purchase money; and that, until default in the perform- ance of the condition of this deed, we and our heirs and assigns may hold and enjoy the granted premises and receive the rents and profits thereof. IN WITNESS WHEREOF, we have hereunto set our hands and seals this ____ day of October, in the year one thousand nine hundred and thirty four. Signed, sealed and delivered in the presence of R. W. SADLERBOOKE (SEAL) R. S. SADLERBOOKE (SEAL) HANNAH TOIVONEN RONNING WILLIAM RONNING

576 STATE OF RHODE ISLAND ) County of Washington ) In South Kingstown, on the 2nd day of October, A. D. 1934 before me personally appeared Hanna Tolvonen Ronning and William Ronning, to me known and 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. EDWIN L. NORTHRUP Notary Public Received for record October 2nd, A. D. 1934 at 3:12 o'clock, p. m., and recorded by [Signature] Town Clerk. FUND The WAKEFIELD SAVINGS AND LOAN ASSOCIATION, having received full payment of all sums due on this Mortgage, does hereby cancel and discharge the same. In testimony whereof, said Association has caused its corporate name and seal to be hereto affixed by the Treasurer thereof duly authorized, this 30th day of March 1946. In presence of Florence Rollinsor. WAKEFIELD SAVINGS FUND AND LOAN ASSOCIATION, By Wilfred R. Easterbrooks Treasurer Received for record April 20th, A. D. 1946 at 11:00 o'clock, a. m., and recorded by [Signature] Town Clerk