09&10 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 Johnsons Woods Park, said Addition being duly recorded in the Plat Records of said County apd State; Thence South 88 degrees 28 minutes West a distance of 71.1 feet to a concrete marker [or corner 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 Wast along the Wast 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 a~ong the South Boundary Line of said Lamer Avenue a distance of 194.2 feet to the place of beginning and containlng 1.197 acres of land, more or less. Together with all of the Grantor's fight, title, and interest in any leases affecting all or any part of the property described above (the "Leases") end ell of the G[antoes obligations under any service agreerrenta and any other cent[acta affecting all or any part of the property described above (the "Contracts"). ~ ~ TO HAVE AND TO HOLD the Property unto the Grantee, its heirs, successors, and assigns, forever. This sale is made and accepted for and in consideration of the price and sum of ONE HUNDR[~D THOUSAND (**$100,000.00'*) DOLLARS, cash, which the Grantee has well and truly paid, In ready and current money, to the Grantor, who hereby acknowledges receipt thereof and granta 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 [ate therein provided, said Note containing an attorney's fee clause and vadous accelere~Jon of maturity clauses in case of default, and being secured by VendoCs Lien and Superior Title retained herein in favor of said Grantor, and being additionally secured by a deed of trust df 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 said note as part purchase pdce for the property herein conveyed, the receipt of which is hereby acknowledged, the GRANTOR hereby fl'ansfers, sets over, assigns, and conveys, without warranty and without recourse, unto BENEFICIARY, and its successors and assigns, the Vendor's Lien and Superior 'rifle retained and reserved herein against the property, subrogating said BENEFICIARY to ali rights and remedies of GRANTOR in the premises by virtue of said liens. - 2 -