2

This Indenture, Made this the 23 day of May 1904
by A. H. Idol and S. L. Idol
his wife
of Guilford County and State of North Carolina, parties of the first part,
to J. A. Newton of Guilford County and
State of North Carolina, party of the second part,

Witnesseth, That the said parties of the first part, in consideration of ($320.00)
Three Hundred and Twenty Dollars to them
paid by the said party of the second part, the receipt of which is hereby acknowledged, has have bargained, sold, and
by these presents doth bargain, sell and convey unto said party of the second part and his heirs, a tract or
parcel of land in the County of Guilford and State of North Carolina, in High Point Township,
adjoining the lands of J. W. Hedgecock on the West and South
and others, and bounded as follows, viz:

Beginning at a stake in J. W. Hedgecock's line
running East 75 feet and 5 chains and
fifty links to a stone in Cyrus Welch's line;
thence North 38° West on his line 57 links
and 20 feet to a stone; thence West
on his line 5 chains and 10 links and 75
feet to J. W. Hedgecock's line South 89 feet to the
beginning, containing three fourths (3/4) acre
more and less

To have and to hold the aforesaid tract or parcel of land and all privileges and appurtenances thereunto belonging to
the said party of the second part and his heirs and assigns forever; Provided always, and these presents
are upon the express condition that if the said parties of the first part pay or cause to be paid to the said party of the
second part the full sum of ($320.00) Three Hundred and Twenty dollars
on or before the 23 day of May 1905, with interest thereon, payable [blank] annually,
at the rate of 6 per cent. per annum till paid according to the terms of [blank] certain bond
[hand-drawn diagram of property]
bearing even date herewith, executed by the said [blank]
then these presents and the said bond shall determine and be void.

But in case of the non-payment of the said sum of ($320.00) Three Hundred and
Twenty dollars, or any part thereof, together with its interest at the time above lim-
ited, then in such case it shall be lawful for the said party of the second part, his heirs, executors, administrators
or assigns, and they are hereby so empowered to sell and convey the above described premises, or any part thereof, at
public auction to the highest bidder, for cash, after advertising the same for thirty days at least, and on such sale to exe-
cute to the purchaser a sufficient deed therefor, apply the proceeds of such sale to the discharge of said debt and interest,
rendering the overplus monies, if any, to the said party of the first part, or legal representatives, after deducting the cost
of such sale and registration of this deed [blank].

In Testimony whereof, the said parties of the first part hath hereunto set their hands and seals
the day and year first above written.

A. H. Idol (SEAL.)
S. L. [her mark X] Idol (SEAL.)

Witness:
W. G. Brown