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L~+~,^,~'„r`,~~ Prepared by: Ronaid C. Coultee 9 SS~ - t ~-5(95
<br />, Return to: P.O. Bax 21150, Canton, Ohio 44708 Je t} ~ 'I
<br />state of North Carolina D@ed Of TfUSt '""'••"~
<br />_ BOOK 797 P1GF t 7~ 381-3391775-703
<br />This Indenttue, made and entered into this 17th day of June ~ 1g89
<br />by and between Lonnie D. Bell and wife Irene F. Bell '
<br />parry of the fires put (whether one or more persons), and WILLI?i~! H. JAMFS, JR.
<br />Trustee(s), party of the second part, and CL`^LO ~RTG?riE CORPORATICIV
<br />, a corporation or;anized and existing under the laws
<br />of OHIO ,party of the third pars,
<br />Witnesseth, that whereas the parry of the first par[ is indebted to the party of the third part in the principal sum of
<br />SIXT^L FIVE THOOSAND ThfftFE HUNDRED PLx"I"1 & 00/100---pouus (S 65,350.00 - ),
<br />as evidenee:d by a promissory note of even dale herewith, the Berms of which are incorporated herein by reference, with interest from
<br />date, at the rate of F'*r.EVFS; _
<br />per centum ( 11.00 °f~) per annum on the unpaid balance until paid, principal and interest being payable at the office of
<br />CI,`1G1~ )')ORZCAG" CORPORATICiV, P.O. BOX 35338, CANIC)N, OHIO 44735
<br />. in , or at such other place
<br />u the holder may designate in writing, in monthly installments of SIX HULIDRED Tr7ENI"t Trn10 S 34/I00
<br />Dollars (S 622.34 ). commencing on the first day of p,(Jr;[jy~ Ig89 ,and on the
<br />first day of each month [hereafter until principal and interest are fully paid, except chat the final paymrnt of principal and interest, if
<br />not sooner paid, shall be due and payable on the firs[ Jay of. JULY 20 19
<br />Now, Therefore, in consideration of the aforesaid indebtedness and the sum of One Dollar (SI) cash in hand paid, [he receipt of
<br />which is hereby acknowledged, the party of the first pact hat bargained, sold, given, gran[ed and conveyed and don by these presents
<br />bargain, sell, give, grant, and convey to the party of ehe second part, his suaessors and assigns, all chat certain lot or parcel of land
<br />~uatt~ in [he Township of Eno .County of Durham
<br />c~ ~ State of North Carolina, and more particularly described as follows:
<br />CD _ BEGINNING ac a stake on the south side of Highway 70A, 1250 feet East from the
<br />\_1 c,' ~ coat side of Lawrence Road ae the northeast corner of Loc 50, Block B as shown
<br />'~ c-s on plat hereinafter referred ta, and running thence with said Highway South 70°
<br />U J 00' East 100 feet to the northwest comer of Lot 55; thence with said Lot South
<br />s.t.1 ~ " 20° 00' West 400 feet Co a stake Ln the north line of Tract ZZa. 106; thence with
<br />~ ~ ~~ said Tract North 70° 00' Wesc 100 Feet to a stake, the southeast corner of Lot
<br />°~~, c 50; thence with said Lot North 20° 00' Ease 400 feet to Che beginning and being
<br />=' u Lots 51, 52, 53 and 54, Block B of Bankhead Forest, property of W.H. and T.H. Lawrence,
<br />recorded in Plat Book 1, Paga 57. This is the same property as described in Parcel
<br />' 2 of Deed Dook 88 ae ppage 409.
<br />together with all hating, plumbing and ligfiting fiaturn and equipment now ar hereafter attached to or used in connexion with the
<br />said real estate.
<br />To Hare and to Hold the same, with al- the righa, privileges and appurtenances thereunto belonging, to the party of the second
<br />pars, his successors and assigns, forever. The party of the first part covenants with the Patty of the second part that he is seized of
<br />the premises in fee and has the nigh[ to convey the same in fee: thu the same are free and clear ofall encumbrance and chat he will
<br />warrant and forever defend the premises unto the party of the second put from and against the lata~ul claims of all peasant
<br />whOmtOCVK.
<br />to Trost, However, For the uses and purposes following: T°_
<br />It the party of the tint part shall widl and truly perform all the terms and conditions of this Detfd of Trust and of the note secured
<br />hereby, thm this conveyance shall be nail and 'void, and shall be property canceled of record. If, however, there shall be a default
<br />under this Deed of Trust,"or under the note secured hereby, and if such aggregate monthly paymrnt is not paid in full prior to the
<br />due date of the nest such monthly payment, then aU sums owing by the party of the first pan to the party of the third part under
<br />tTi3 tOrtil I! Yaed in cOnnentlOn wllh deeds OI tnlat InaYfed uhde/ the One- (0 fOUC•lamily provlalOh3 Of the NatlOhal FIOYaihQ AOt whlCn
<br />requirs a One-Time Mortgage Inauractee Premium payment (Inxudlnp sectfona 207(b) and (I)) in xcordance with the reQulationa for
<br />tnoaa orograma.
<br />Previous Editions Aro Obsalaq tiu0.91ta t-tit.t 12-a7 E°i,ionl
<br />Forth 288t U70a1 PaQa t of ~ 21 CFA 20.1.t7fa1
<br />r° Ae~. u: tsts,tr tuca tttaa+rsss ccpvs..e.
<br />~w +aoaaasozoa • ...o~a.• +aooase-aen
<br />FOR ~~ ~ ~~ OF THIS DEER 8~
<br />TRUS? SEE BOQK ~~% PA~~t~~' ~
<br />C~aL~C~f~L~d~D
<br />._
<br />35
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