3

South line 100 feet; on the East line 140.50 feet; and on the West line
144.60 feet."

Lots nine (9) and ten (10) were conveyed to the grantors by The
Home Investment & Improvement Co. by a deed, recorded in the Office of
the Register of Deeds of Guilford County, in Book No. 245, page 161.

Lots eleven (11) and twelve (12) was conveyed to the grantors
by the said company, by a deed recorded in said office in Book No. 145,
page 160.

TO HAVE AND TO HOLD The same with all privileges and appurtenances thereunto belonging, to the said
party of the second part, his heirs and assigns forever;

PROVIDED, NEVERTHELESS, That if the said parties of the first part, their heirs, executors, adminis-
trators, or assigns, shall pay or cause to be paid to the said party of the third part the aforesaid debt of
FIVE THOUSAND AND NO/100 Dollars,
on or before the First day of November nineteen hundred and sixteen
(1916), at the place hereinbefore mentioned and appointed for the payment of the same, together with all interest
thereon, and all taxes, charges, assessments, and insurance premiums, as hereinbefore expressed and agreed to be
done, then, and in that case, as well this indenture, and the estate hereby created, as the recited bond of
FIVE THOUSAND AND NO/100 Dollars, shall cease, determine, and become void.

But in the case of the non-payment of the said sum of the said bond of FIVE THOUSAND AND NO/100
Dollars, or any part thereof, with its interest, at the time, place, and rate herein limited, or either, in case property is
transferred without the written assent of the third party hereto, or in case of default of the said W. G.
Shipman & Mrs. Hazel Fisher Shipman in keeping the property well insured, and the premiums
thereon paid, or any part of the taxes, charges, and assessments, as hereinbefore agreed to be done, in all or either of
these events, it shall be lawful for the said party of the second part, and upon request of the party of the third part,
its successors and assigns, it shall become his duty, and he is hereby so authorized and empowered, to sell and convey
the above-described real estate, or any part thereof, at public auction, for cash, to the last and highest bidder, at the
courthouse door, in Guilford County, after first advertising the time,
place, and terms of sale for thirty days in some newspaper published in the County of Guilford,
and on such sale to execute and deliver to the purchaser or purchasers sufficient and proper deed or deeds therefor,
in fee, and out of the proceeds first retain and pay all costs and charges incident to and attendant upon the execu-
tion of, registration, and sale under this Deed of Trust, and then retain the principal and interest of said debt in the
sum of FIVE THOUSAND AND NO/100 Dollars, or as much thereof as may be then
owing, and retain the same fees for making sale hereunder allowed commissioners for the sale of land in partition, as
provided in Section 2792 of the Revisal of 1905, together with all premiums for insurance, and all taxes, charges, and
assessments, which said party of the third part may have had to pay, with interest on the same, as herein provided, and
the surplus, if any, to be turned over to the said parties of the first part, their heirs, executors, administrators,
or assigns.

And the said parties of the first apart covenant to and with the said parties of the second and third parts,
that they are seized of said premises in fee, and have the right to convey the same in fee simple, and that the
same are free and clear from all encumbrances, and they will forever warrant and defend title to the same
against the claims of all persons whatsoever.

IN TESTIMONY WHEREOF, The parties of the first part have hereunto set their hands and seals, all
on the day and year first above written.

W. G. Shipman [SEAL]
Hazel F. Shipman [SEAL]