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No. 447
First Mortgage Real Estate Per Cent. Loan
$5,000.00
Mrs. Hazel Fisher Shipman and W. G. Shipman TO Jefferson Standard Life Insurance Co. OF GREENSBORO, N.C.
Dated November 1, 1913. Due November 1, 1916. Interest Payable May the 1st and Nov. the 1st. Postoffice Address High Point, N. C.
[stamped: Cancelled of Record R.H. WHARTON Register of Deeds]
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UNITED STATES OF AMERICA STATE OF NORTH CAROLINA No. [blank] $5,000.00
Real Estate Loan FIRST MORTGAGE INTEREST PAYABLE SEMI-ANNUALLY
On the FIRST day of NOVEMBER, 1916, for value received, WE promise to pay to the order of JEFFERSON STANDARD LIFE INSURANCE COMPANY, its successors or assigns, at its office in Greensboror N. C., the principal sum of FIVE THOUSAND AND NO/100 Dollars, with interest thereon from the date hereof until paid at the rate of 6 per centum per annum, payable semi-annually, said interest being represented by SIX notes of even date herewith, payable at the office of the said Jefferson Standard Life Insurance Company, in Greensboro, N. C., each of said interest notes and said principal sum to bear 6 per cent. interest per annum, payable semi-annually after maturity until paid, both principal and interest payable in lawful gold-coined money of the United States of America, of the standard of weight and fineness established by the laws of the United States now in force, and if default be made in the payment of any of said interest notes, or any portion thereof, for the space of thirty days after the same becomes due and payable, or if the insurance required by the provisions of the mortgage or deed of trust of even date herewith, given by US to secure this note be not kept in full force and operation according to the provisions of said mortgage or deed of trust, or if failure occurs to pay or cause to be paid all taxes or liens of any kind attached or hereafter attaching to the premises so mortgaged or conveyed, as required by the provisions of said mortgage or deed of trust, then said principal sum with all arrearages of interest thereon shall, at the option of the said Jefferson Standard Life Insurance Company, its successors or assigns, become at once due and payable without further notice, and may be sued upon and collected in like manner as if the full time provided in this note had expired. It is expressly agreed and declared that this note and the said interest notes are given for an actual loan of FIVE THOUSAND AND NO/100 Dollars.
Witness OUR hands and seals this FIRST day of NOVEMBER, 1913. W. G. Shipman (SEAL) Hazel Fisher Shipman (SEAL)
[stamped: PAID JUL 30 1921 Jefferson Standard Life Ins. L. W. Johnson?]
JOS. J. STONE & CO., PRINTERS, GREENSBORO, N. C.