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Mortgage Deed FROM A. H. Idol S. L. Idol TO J. A. Newton Mortgagee.
Consideration, $320.00 Date May 23, 1904 Due May 23, 1905
Filed for registration on the 24 day of May 1904, at 8:20 o'clock A.M., and duly recorded in the Office of Register of Deeds of Guilford Co., N. C., in Book No. 159 Page 650 &c. A. G. Kirkman Register of Deeds.
Clerk's Fee, Paid $.25 Record Fee, Paid $1.25 [Total] $1.50 Fees paid by [blank]
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This Indenture, Made this the 23 day of May 1904 by A. H. Idol and S. L. Idol his wife of Guilford County and State of North Carolina, parties of the first part, to J. A. Newton 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 ($320.00) Three Hundred and Twenty Dollars to them paid by the said party of the second part, the receipt of which is hereby acknowledged, has have bargained, sold, and by these presents doth bargain, sell and convey unto said party of the second part and his heirs, a tract or parcel of land in the County of Guilford and State of North Carolina, in High Point Township, adjoining the lands of J. W. Hedgecock on the West and South and others, and bounded as follows, viz:
Beginning at a stake in J. W. Hedgecock's line running East 75 feet and 5 chains and fifty links to a stone in Cyrus Welch's line; thence North 38° West on his line 57 links and 20 feet to a stone; thence West on his line 5 chains and 10 links and 75 feet to J. W. Hedgecock's line South 89 feet to the beginning, containing three fourths (3/4) acre more and less
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 his heirs 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 ($320.00) Three Hundred and Twenty dollars on or before the 23 day of May 1905, with interest thereon, payable [blank] annually, at the rate of 6 per cent. per annum till paid according to the terms of [blank] certain bond [hand-drawn diagram of property] bearing even date herewith, executed by the said [blank] then these presents and the said bond shall determine and be void.
But in case of the non-payment of the said sum of ($320.00) Three Hundred and Twenty 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, his heirs, executors, administrators 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 execute to the purchaser a sufficient deed 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 [blank].
In Testimony whereof, the said parties of the first part hath hereunto set their hands and seals the day and year first above written.
A. H. Idol (SEAL.) S. L. [her mark X] Idol (SEAL.)
Witness: W. G. Brown
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STATE OF NORTH CAROLINA—GUILFORD COUNTY.
I, W. G. Brown, a Justice of the Peace of said County, do hereby certify that A. H. Idol and S. L. Idol, his wife, grantors, personally appeared before me this day and acknowledged the execution of the foregoing mortgage deed, and the said S. L. Idol 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 23 day of May 1904 W. G. Brown, J. P. (SEAL.)
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 foregoing mortgage deed. Let the said mortgage deed and this certificate be registered.
Witness my hand and seal this the [blank] day of [blank] 190[blank] [blank] J. P. (SEAL.)
STATE OF NORTH CAROLINA—GUILFORD COUNTY.
The foregoing certificate of W. G. Brown, 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 the 24 day of May 1904 Ernest Clapp Depy C. S. C.