07&08 Sartor Zoning - Laserfiche WebLink

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Beginning at an iron pin for comer in the South Boundary Line of Lamar Avenue at the Northeast comer of said Guriey tract. Thence South a distance of 263.7 feet to a concrete marker for comer in the North Boundary Line of Lot 12, Block "A", of Johnsone Woods Park, said Addition being duly recorded in the Plat Records of said County a~d State; Thence South 88 degrees 28 minutes West a distance of 71.1 feet to a concrete marker for comer at the Northwest comer of said Lot 12 and the Northeast comer of Lot 13 of said Addition; Thence South 89 degrees 59 minutes West a distance of 121.3 feet to an iron pin for comer in the North Boundary Line of said Lot 13; Thence North 0 degrees 1~ minutes West along the West Boundary Line of said Guriey tract a distance of 275,2 feet to an iron pin for comer at the Northwest comer of same; Thence South 87 degrees 12 minuteS East along the South Boundary Line of said Lamar Avenue a distance of 194.2 feet to the place of beginning and containing 1.197 acres of land, more or less. Together with all of the Grantor's right, title, and interest in any leases affecting all or any part of the property described above (the "Leases") and all of the Grantor's obligations under any service agreemonta and any other contracts affecting all or any part of the property described above (the "Contracts"). ~ -- TO HAVE AND TO HOLD the Property unto the Grantee, its helm. successors, end assigns, forever. This sale is made and accepted for and in consideration of the price and sum of ONE HUND OUSAND (**$100,00(3.00'*) DOLLARS, cash, which the Grantee has well and truly paid, in ready and current money, to the Grantor, who hereby acknowledges receipt thereof and grants full acquittance and discharge therefor. Grantor acknowledges Grantees execution and delivery by said Grantee of one certain promissory note of even date herewith, in the original principal sum of EIGHTY FOUR THOUSAND AND NO/100 DOLLARS ($84,000.00), payable to the order of LAMAR NATIONAL BANK, (hereinafter celled BENEFICIARY), in installments as in said note provided, bearing interest at the rate therein provided, said Note containing an attorney's fee clause and various acceleration of maturity clauses In case of default, and being secured by Vendor's Lien and Superior Title retained herein in favor of said Grantor, and being additionally secured by a deed of trust Of even date with said note, from GRANTEE to ~ TRUSTEE, reference to which deed of trust is hereby made for all purposes, the said MORTGAGEE at the special instance and request of the GRANTEE herein having advanced the sum of sa~d note as part purchase price for the praperbj herein conveyed, the receipt of which is hereby acknoWledged, the GRANTOR hereby transfers, sets over, assigns, and conveys, without warranty and w~thout recourse, unto BENEFICIARY, and its successors and assigns, the Vendor's Lien and Superior Title retained and reserved herein against the property, subrogating said BENEFICIARY to all dghts and remedies of GRANTOR in the premises by virtue of said liens. - 2 - 8/~ 'd' ~L~'°N