2

This Indenture, Made this the 18th, day of March, 1914
by Hazel F. Shipman and husband, W. G. Shipman
his wife
of Guilford County and State of North Carolina, parties of the first part,
to Snow Lumber Company of Guilford County and
State of North Carolina, party of the second part,

WITNESSETH, That the said parties of the first part, in consideration of [$1,000.00]
ONE THOUSAND AND NO/100 Dollars to them
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, its successors and assigns a tract or parcel
of land, in the County of Guilford and State of North Carolina, in High Point Township,
and described as follows, viz:

Four lots, known, numbered and designated on the map of "Quaker Church Place"
of The Home Investment and Improvement Company's land, which said map is duly
recorded in the office of the Register of Deeds of Guilford County in Plat Book No.
2, page 116 as lots Nos. nine (#9), ten (#10), eleven (#11), and twelve (#12) in
Block No. three (#3), lots numbers nine (#9) and ten (#10) 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 a depth of One Hundred-
Fifty (150) feet to an ally, lots numbers eleven (#11) and twelve (#12) being of
the following dimensions: On the North line 100 feet, on the South line 100 feet,
on the East line 140.50 feet, and on the West line 144.60 feet, said lots being
located North of said alley.

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 sucessors and 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 [$1,000.00] ONE THOUSAND AND NO/100 Dollars,
on or before the 18th day of March, 1915, with interest thereon, payable annually
at the rate of six per cent. per annum till paid according to the terms of one certain bond
bearing even date herewith, executed by the said Hazel F. Shipman and husband,
W. G. Shipman then these presents and the said bond shall determine and be void.

But in case of the non-payment of the said sum of [$1,000.00] ONE THOUSAND 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 successors or assigns
and they are hereby so empowered to sell and convey the above described premises, or any part thereof,
at public auction to the highest bidder, for cash, after advertising the same for thirty days at least, and on such sale to exe-
cute to the purchaser sufficient deeds therefor, apply the proceeds of such sale to the discharge of said debt and interest, ren-
dering the overplus monies, if any, to the said parties 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.
Hazel F. Shipman [Seal]
W. G. Shipman [Seal]