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Status: Needs Review

STATE OF NORTH CAROLINA
GUILFORD COUNTY

This Indenture Made this ______________________2nd______________day of __September___________19_42__
by and between____EDITH_H._PERRY__and__husband__HENRY_D._PERRY___EDITH_H._PERRY___
Guardian__of__WILLIAM_S._PERRY___MARGARET_S._PERRY___JOHN_C.C._PERRY___{Minors)___
Hereinafter referred to as party of the first part the term to include all persons or corporations executing this instrument and_____
___THOS._W._SPRINKLE____TRUSTEE, party of the second part, and the HIGH POINT PERPETUAL BUILDING
AND LOAN ASSOCIATION of High Point N. C. a corporation party of the third part.

WITNESSETH: That whereas, the said party of the first part has this day borrowed from said Association the principal sum of
_______---FOUR__THOUSAND---___________________Dollars ($4,000.00)_______
and has executed and delivered to said Association his note or bond of even date herewith in the said principal sum and bearing interest
from the date hereof until paid at the rate of ____6___ per centum per annum payable as to principal and interest monthly as
hereinafter set forth on the 1st day of each month at the office of said Association and whereas the party of the first part has subscribed
for and taken out certain shares of Direct Reduction Loan Shares in said Association and has assigned same as security for the said
debt and has agreed to pay one installment on said shares of not less than___FIFTY__EIGHT__&__45/100___Dollars
($__58.45__) on or before the 1st day of___October___19__2__ and an installment of like amount
on or before the 1st day of each month thereafter____________________until said note and all interest thereon shall have been
fully paid, and until any and all moneys advanced by the Association for the benefit of the party of the first part, and interest thereon,
shall likewise have been fully paid, it being understood and agreed that said monthly installments shall be applied in the following order:
(1) to the payment of interest on said note, (2) to the payment of any sums advanced by the Association under the terms of this deed
of trust for the benefit of the party of the first part and not otherwise paid, and interest thereon, (3) to the principal of said note; and
whereas, it has been agreed that the payment of said note and such advances shall be secured by said shares and by this deed of trust:

NOW, THEREFORE, in consideration of the premises and for the purpose aforesaid and for the sum of One Dollar to the party of
the first part in hand paid by the party of the second part the receipt whereof is hereby acknowledged the said party of the first part
has granted, bargained and sold and by these presents does grant, bargain, sell, convey and release unto the said party of the second part,
as trustee, his heirs and successors in office, all that certain piece, parcel and tract of land lying in said County and State aforesaid,
and bounded as follows, to-wit:

High Point Township Guilford County North Carolina.

Being all of lots Nos. 3, 4 of Forest Park. A Plat of
which is duly recorded in the office of the Register of Deeds
for Guilford County, in Plat Book 9 at Page 60.

Lots No. 3 is located on the West side of Wiltshire
Boulevard and is 60x135 feet; Lot No. 4 is located on
the West side of Wiltshire Boulevard and is 97x135 feet.

The above described lots are a part of the land conveyed
by Henry D. Perry, to Edith H. Perry, et al by deed dated
September 24, 1935 and recorded in Book 716 at Page 297.
See also 512-356; 551-154, 414-600, etc.

[stamped diagonally] Cancelled of Record
H. [McADOO?] Register of Deeds

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