2

State of North Carolina
GUILFORD COUNTY

THIS INDENTURE, Made and entered into this 26th day of January 1928,
by and between A. H. Idol and wife, Sarah L. Idol,
parties of the first part;
W. C. IDOL, Trustee, party of the second part; and PIEDMONT BUILDING AND LOAN ASSOCIATION, of High Point, a
corporation, party of the third part; all of Guilford County and State of North Carolina;

WITNESSETH: That whereas, said parties of the first part, being the owners of 15
shares of the 30th series of the stock of said Association, have
this day borrowed from said Association the sum of Fifteen Hundred
($1500.00) Dollars, and have executed and delivered to said Association their note of even date herewith
in the sum aforesaid, payable whenever said series of stock shall be matured, with interest thereon from date until
paid, at the rate of six per centum per annum, payable monthly on or before the fifteenth day of each month at the
office of said Association; and whereas, it has been agreed that the payment of said note shall be secured by the
collateral pledge of said stock, and also by the conveyance of the land hereinafter described:

NOW, THEREFORE, In consideration of the premises and for the purpose aforesaid, and for the sum of one dollar
to them in hand paid by the party of the second part, the receipt whereof is hereby acknowledged, the said parties
of the first part have bargained and sold, and by these presents do bargain, sell and convey unto said party of the
second part, trustee as aforesaid, his heirs and assigns, a certain tract or lot of land lying and being in Guilford
County and State of North Carolina, in High Point Township, and more particularly
described and bounded as follows:

"BEGINNING at a stake in the West side of North Main
Street, Bob Kiriakides' Northeast corner; thence West
150 ft. along Bob Kiriakides' line to a stake; thence
North along A. H. Idol's line, 24 ft. to a stake;
thence East, 150 ft. to a stake in West side of North
Main Street; thence South along North Main Street,
24 ft. to the beginning. Being the South 24 ft. of
the lot conveyed to A. H. Idol by J. M. [Stevenson]
and wife, dated March 25th, 1913, and recorded in
Book 256 at Page 567, in the office of the Register of
Deeds of Guilford County."