Shipman-High Point Savings & Trust Deed, June 16, 1913

[Reg,] [447]

Mortgage Deed FROM W. G. SHIMAN HAZEL FISHER SHIMAN TO HIGH POINT SAVINGS & TRUST CO. Mortgagee.

Consideration $1,500.00 Date 16th day of June 1913. Due 16th day of Oct. 1913.

Filed for Registration on the 17 day of June 1913, at 8:30 o'clock A.M., and duly recorded in the office of Register of Deeds of Guilford County, N. C., in Book No 251 Page 36 Etc.

W. H. Rankin Register of Deeds.

Clerk's Fee [Paid] $.25 Record Fee [Paid] 1.40 [Total] $1.65 Fees paid by [blank]

[stamped: Cancelled of Record W. H. RANKIN, Register of Deeds]

[stamped: Record and return to ED. L. RAGAN, HIGH POINT. N.C.]

This Indenture, Made this the SIXTEENTH day of JUNE 1913 by W. G. SHIPMAN and HAZEL FISHER SHIPMAN his wife of Guilford County and State of North Carolina, parties of the first part, to HIGH POINT SAVING & TRUST CO of Guilford County and State of North Carolina, party the second part,

WITNESSETH, That the said parties of the first part, in consideration of [$1,500.00] FIFTEEN HUNDRED AND NO/100 Dollars to it paid by the said party of the second part, the receipt of which is hereby acknowledged, have bargained and sold, and by these presents do bargain, sell, and convey unto the said party of the second part and its succesors and assigns a tract or parcel of land, in the County of Guilford and State of North Carolina, in HIGH POINT Township, adjoining the lands of W. C. Jones and others, and bounded as follows, viz: Two lots of land in High Point Township, Guilford County, State of North Carolina, known, numbered and designated on the map "QUAKER CHURCH PLACE" of The Home Investment and Improvement Company's, which said map is duly recorded in the office of the Register of Deeds of Guilford Cunty. Plat Book No. two (2). page No. 116 as lots nubers nine (9) and ten (10) in block nuber three (3), said lots being located on the North side of Thurston Street, facing one hundred (100) feet on said street and extending in a northern direction, the same uniform width, one hundred and fifty (150) feet to an alley.

Two lots of land in High Point Township, Guilford County, State of North Carolina, known, numbered and designed on the map of "QUAKER CHURCH PLACE" of The Home Investment and Improvement Company's, 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 nubers nine (9) and ten (10) in block nuber three (3), said lots being located on the North side of Thurston Street, facing one hundred (100) feet on said street and extending in a northern direction, the same uniform width, one hundred and fifty (150) feet to an alley.

Two lots of land in High Point Township, Guilford County, State of North Carolina, known, numbered and designated on the map of "QUAKER CHURCH PLACE" of The Home Investment and Improvement Company's, which said map is duly recorded in the office of the Register of Deeds of Guilford County, Plat Book No. two (2), page 116 as lots nubers eleven (11) and twelve (12) in block nuber three (3), said lots being of the following deminsions: On the north line one hundred (100) feet; on the South line one hundred (100) feet; on the East line one hundred forty and a half (140.5) feet; on the West line one hundred forty-four and six tents (144.6) feet.

To have and to hold the aforesaid tract or parcel of land and all privileges and appurtenances thereunto belonging to the said party of the second part and its assigns forever; Provided always, and these presents are upon the express condition that if the said parties of the first part pay, or cause to be paid, to the said party of the second part the full sum of [$1,500.00] FIFTEEN HUNDRED AND NO/100 Dollars, on or before the SIXTEENTH day of OCTOBER 1913, with interest thereon, payable annually at the rate of six per cent. per annum till paid according to the terms of a certain bond bearing even date herewith, executed by the said W. G. SHIPMAN and HAZEL FISHER SHIPMAN then these presents and the said bond shall determine and be void.

It is understood and agreed, That the Mortgagors shall keep the buildings on said premises insured in some reliable Insurance Company having an agency in said County of Guilford in the sum of $[blank], and if any loss should occur the same shall be payable to the mortgagee, his heirs or assigns, to be applied to the satisfaction of this mortgage; and if the mortgagor shall fail to insure said buildings for two hours, the mortgagee shall be at liberty to effect such insurance, and the amount so expended shall be deemed principal money, bearing interest at six per cent. per annum, and be payable when the next installment of interest is due.

It is further understood and agreed, That the mortgagors shall pay all taxes within the time prescribed by law, and in case the mortgagee shall have said taxes to pay the amount so expended shall be deemed principal

But in case of the non-payment of the said sum [$ 1,500.00] FIFTEEN HUNDRED AND NO/100 Dollars, or any part thereof, together with its interest at the time above limited, then in such case it shall be lawful for the said party of the second part, its executors, administrators, or assigns, and they are hereby so empowered to sell and convey the above-described premises, or any part thereof, at public aution to the highest bidder, for cash, after advertising the same for thirty days at least, and on such sale to execute to the purchaser sufficient deeds therefor, apply the proceeds of such sale to the discharge of said debt and interest rendering the overplus monies, if any, to the said party of the first part, or legal representatives, after deducting the cost of such sale and registration of this deed.

In witness whereof, The said parties of the first part have hereunto set their hands and seals the day and year first above written.

W. G. Shipman [Seal] Hazel Fisher Shipman [Seal]

STATE OF NORTH CAROLINA, Guilford County.

I, J. ALLEN AUSTIN, a NOTARY PUBLIC of said County, do hereby certify that W. G. SHIPMAN and HAZEL FISHER SHIPMAN his wife, grantors, personally appeared before me this day and acknowledged the execution of the forgoing mortgage deed, and the said HAZEL FISHER SHIPMAN being by me privately examined, separate and apart from her said husband, touching her voluntary execution of the same, doth state that she signed the same freely and voluntarily, without fear or compulsion of her said husband, or any other person, and that she doth still voluntarily assent thereto. Let the said mortgage deed and this certificate be registered.

Witness my hand and seal this the SIXTEENTH day of JUNE 1913. J. Allen Austin [Seal] Notary Public.

[stamped: My Commission Expires March 24, 1914]

STATE OF NORTH CAROLINA, Guilford County.

I, [blank] of said County, do hereby certify that [blank] grantor, personally appeared before me this day, and acknowledged the execution of the forgoing mortgage deed. Let the said mortgage deed and this certificate be registered.

Witness my hand and seal, this the [blank] day of [blank] 191[blank]

[blank] J.P. [Seal]

STATE OF NORTH CAROLINA, Guilford County.

The foregoing certificate of J. Allen Austin a Justice of the Peace of said County, is adjudged to be correct. Let the said mortgage deed and the certificates be registered.

Witness my hand this 16 day of June 1913

M. W. Gant C.S.C.

When this mortgage is paid in full, have the mortgagee to sign it, and the note, before a Clerk of the Superior Court or Notary Public, or go mark it "Satisfied" on the Record, or execute a Release Deed.

Satisfied in full, this the 15 day of Nov. 1913. [blank] Mortgagee.

Subscribed before me J. Allen Austin [stamped: My Commission Expires March 24, 1914]

[stamped: HIGH POINT SAVINGS & TRUST CO. By Ed. L. Ragan]