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DEED OF TRUST

THIS INDENTURE, Made and entered into on this the First day of November
A. D. nineteen hundred and thirteen (1913), by and between W. G. Shipman
Geo. A. Grimsley, Trustee, party of the second part, and JEFFERSON STANDARD LIFE INSURANCE
COMPANY, of Greensboro, N. C., party of the third part, Witnesseth:

THAT WHEREAS, The said parties of the first part are justly indebted to the party of the third part in
the sum of FIVE THOUSAND AND NO/100 Dollars,
for money loaned, as evidenced by a bond, bearing even date with this deed, payable three
years after date, at the office of the party of the third part, in the City of Greensboro, N. C., and bearing interest,
payable at the same place, at the rate of six per cent. (6%) per annum, half-yearly, on the first day of
May and November in each year;

AND WHEREAS, The said parties of the first part hath agreed to pay all taxes and charges, of every kind
and nature, that may be levied or charged on the premises hereinafter described, whether the same be for state,
county, or city purposes, as soon after the assessment thereof as the same may due, collectible and payable, and
have also agreed to make and deliver unto the party of the third part, its successors and assigns, the receipt of the
proper officer for the payment of the same, on or before the first day of May in each
and every year, and further have agreed to effect and keep up insurance against loss by fire upon the premises herein-
after described; satisfactory in amount and character to the said party of the third part, and the policy or policies
therefor constantly assigned and delivered to the party of the third part for further securing the payment of said bond
with power to demand, receive and collect any and all moneys becoming payable thereunder, and apply the same towards
the payment of said bond, unless otherwise paid. But in case of default in effecting insurance as aforesaid, or in
the payment of premiums thereon, the same may be effected and paid, at its option, by the party of the third part,
and such sum or sums as may be so paid, with interest thereon, at the rate of six percent. (6%) per annum, pay-
able semi-annually, shall be deemed principal money, and held to be secured by these presents; provided, also, and it
is further expressly agreed that in case of default of said parties of the first part at any time to pay and to keep
paid up all taxes, charges, and assessments, as agreed to be done at their own cost and expense, then,
and in that event, the party of the third part shall be at liberty, in protection of its security, to pay the same, and
add the amount so paid, with interest thereon, at the rate of six per cent. (6%) per annum, payable semi-annually,
to the principal of the debt, and the security provided by these presents shall extend to and embrace such additions
as fully as provided for the principal debt and insurance premiums aforesaid;

AND WHEREAS, The parties of the first part have agreed to secure the payment of the debt, interest,
taxes, and insurance premiums aforesaid, by the conveyance of the land hereinafter described;

NOW, therefore, The parties of the first part, for and in consideration of the debt and trusts hereinbefore
mentioned and created, and the sum of $1.00 (One Dollar) to them paid by the said party of the second
part, the receipt of which is hereby acknowledged, do grant, bargain, sell, convey, and confirm unto the said
party of the second part, trustee, and his heirs, the following described real estate, situate in the County of
Guilford, and State of North Carolina,
and more particularly bounded and described as follows, to-wit:

Four (4) lots of land in High Point Township, Guilford County,
State of North Carolina, known, numbered and designated on the map of the
"Quaker Church Place" of The Home Investment & Improvement Company's land
which said map is duly recorded in the office of the Register of Deeds of
Guilford County, Plat Book No. two (2), page No. 116, as lots:

"Numbers nine (9) and ten (10) in block No. three (3), said lots
being located on the North side of Thurston Street, facing 100 feet on
said street and extending in a Northern direction the same uniform width
150 feet to an alley";

"Numbers eleven (11) and twelve (12) in block No. three (3), said
lots being of the following deminsions: On the North line 100 feet; on the