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TAYLOR - SHIPP - Mortgage Deed - Maiden, N.C.

( Front cover )

Mortgage Deed

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C.W. Taylor and wife to Mrs. V.F. Shipp

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For $...........................................

Dated .................................., 191.............

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Filed for registration on the 14 day of June, 1913

at 1 o'clock p.m., and registered in the office of the

No. 110, page 157, this 16 day of June, 1913.

E.D. Turndle ( last name unclear )

( handwritten at bottom of page - Fees paid )

( Inside )

NORTH CAROLINA, Catawba County

This indenture, made this 13 day of June, A.D. 1913, by and between C.W. Taylor and Lilly L. Taylor, his wife, of Catawba County, and State of North carolina, parties of the first part, and Virginia F. Shipp, of Catawba County County, and State of North carolina, party of the second part:

Witnesseth, that whereas, said parties of the first part are justly indebted to said party of the second part in the sum of Three Hundred ( $300 ) Dollars, as evidenced by owe bond of even date herewith, bearing interest from date at 6 per cent per annum, and due payable on the 14 day of June 1914.

And whereas, said parties of the first part are anxious to secure the payment of said bond...at maturity: Now, therefore, in consideration of the premises and for the purposes aforesaid, and for the sum of ten dollars to the parties of the first part paid by the party of the second part, the receipt of which is hereby acknowledged, said parties of the first part hath given, granted, bargained, sold, aliened, conveyed and confirmed, and by these presents do.............hereby give, grant, bargain, sell, alien, convey, and confirm upon said party os the second part, her heirs and assigns forever, a certain piece of tract of land laying and being in Catawba County,

State aforesaid, in the Town of Maiden township, and described and defined as follows, to wit:

( written off to side )

The following lot boundries of lot as follows

Contains one store house also one two story dwelling.

Beginning at a stone in Main Street on Boyd's heir's line and runs with Boyd's heir's line

S. 68 1/4 E. 198 feet to a stone, Thence N. 20 1/4 E. 218 feet to a stone, Thence N. 68 1/4 W. 198 feet

to a stone in the ditch................ ( this portion gone ).......................Street,

...( this portion gone )................said.................( this portion gone )..........

the Beginning containing one acre more or less. This mortgage is given as a second mortgage in regard to the above described lot. But is to operate as a first mortgage on above described buildings.

To have and to hold said land and premises to her said party of the second part, her heirs and assigns forever. And said parties of the first part do I covenant to and with said party of the second part, her heirs and assigns: That they are the owners and seized of said premises in fee simple; that they have the right to convey the same; that the same are free of any encumbrance whatsoever.

It is understood and agreed between the parties to this deed that the part........ of the first part shall keep the buildings on said premises insured in some reliable Insurance company having an agency in the said County of Catawba in the sum of $800 on dwelling and $600 on store building .....dollars, and if any loss shall occur the same shall be payable to the party of the party of the second part, to be applied, as far as it may extend, to the satisfaction of this mortgage. And if the parties of the first part shall fail to insure said buildings for ten hours, the party of the second part shall be at liberty to effect such insurance, and the amount expended for insurance shall be deemed principal money, bering 6 per cent interest per annum, and be payable when the next installment of interest becomes due.

But this deed is made on this special trust; That if said parties of the first part shall well and truely pay to said party of the second part, or her legal representatives, the bond... hereinbefore described, at its maturity, then this Deed to be null and void.

But if default shall be made in the payment of said bond..., or the interest on the same, or any part of either, at maturity, then and in that event ir shall be lwaful for and the duty of said party of the second part to sell said land herinbefore described, to the highest bidder for cash, at the court-house door in Newton Catawba County, first advertising said sale by posting notice thereofre at the court-house door and three other public places in said county for thirty days immediately preceeding such sale, and also publishing said notice for four weeks in some news-paper published in said county, and convey the same to the purchaser in fee simple; and out of the moneys arising from said sale to pay said bond... and interest on same, together with costs of sale, and pay surplus ( if any ) to said parties of the first part, or their legal representatives.

In Testimony Whereof, said parties of the first part hereto subscribe their names and affix their several seals.

Signed, sealed and delivered in the presence of G.E. Mauney

C.W. Taylor (Seal)

LillieL. Taylor (Seal)

(Backside)

STATE OF NORTH CAROLINA,........................................COUNTY.

I,......................................, Clerk of Superior Court, do hereby certify that .............................and....................................., his wife, personally appeared before me this day and acknowledged the due execution of the annexed Deed of Conveyance; and the said husband, touching her voluntary execution of the same, doth state that she sighned 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 same, with this certificate, be registered.

Witness my hand and offical seal, this..............day of .............................,A.D. 191........................

......................................................................, Clerk Superior Court.

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STATE OF NORTH CAROLINA, CATAWBA COUNTY.

Garland E. Mauney, Notary Public, do hereby certify that C.w. Taylor and Lillie L. Taylor, his wife, personally appeared before me this day and acknowledged the due execution of the annexed Deed of Conveyance; and the said husband, touching her voluntary execution of the same, doth state that she signed the same freely and voluntarily, without fear ot compulsion of her said husband or any other person, and that she doth still voluntarily assent thereto.

Witness my hand and private seal, this 13 day of June, A.D. 1912.

Garland E. Mauney, N.P. (Seal)

(handwritten) My commission expires Mar. 6, 1915.

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STATE OF NORTH CAROLINA, CATAWBA COUNTY.

The foregoing certificate of G.E. Mauney, N.P. of Catawba County, is adjudged to be correct. Let the instrument, with the certificates, be registered.

Witness my hand........(unreadable).....seal, this 14 day of June, 1913.

(unreadable).............................................., Clerk Superior......(unreadable)...........

{This deed was part of a collection of papers belonging to Mrs. Pearl Shaw Williams}

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