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TO HAVE AND TO HOLD said land and premises, with all the rights, privileges, and appurtenances thereunto belonging to him,
said party of the second part, his heirs and assigns forever, upon the trust and for the uses and purposes following and none other, that
is to say:

If the said parties of the first part shall fail or neglect for ten days to pay any installment of the principal or interest on said
note as the same may hereafter become due, or any part of either, or any note or bond given in renewal, in whole or in part thereof,
or any amount expended for insurance or taxes as herein provided, the whole of the unpaid balance of said note and interest shall become
due and payable, then on application of said party of the third part, its successors or assigns, or other persons who may be entitled
to the moneys due thereon, it shall be lawful for, and the duty of, the said party of the second part to advertise said land in some news-
paper published in said County of Guilford at least once a week for four successive weeks; or if there be no newspaper published in said
County, then in three or more public places in the County aforesaid, for thirty days therein appointing a day and place of sale, and at
such time and place to expose said lands at public sale to the highest bidder for cash, and upon such sale to convey title to the purchaser.

And the said party of the second part, first retaining (out of the proceeds of such sale) five per centum (5%) commission on the sale
of the whole of said land sold, as a compensation for making such sale, shall apply so much of the residue as may be necessary to pay
off and discharge said note and all interest then accrued and due thereon, and all sums expended for taxes and insurance as herein
provided, together with all necessary expenses of advertising and selling; and shall pay the surplus, if any remain, to said part of
the first part.

It is understood and agreed between the parties to this deed, that the parties of the first part shall pay all taxes within the time
prescribed by law, and shall keep the buildings on the said premises insured in some reliable insurance company having an agency in
the said County of Guilford in the sum of One Thousand Five Hundred Fifty and no/100 DOLLARS
($1550.00), which said policies shall be payable to the party of the third part, as its interest may appear, and deposited
with the City Clerk to be applied, in case of loss, as far as it may extend to the satisfaction of this trust. And if the parties of the
first part shall fail to pay said taxes or to insure said buildings for ten (10) hours, the party of the third part or the Trustee shall be
at liberty to pay said taxes or effect such insurance, and the amount so expended shall be deemed principal money, bearing interest at
the rate of six per centum (6%) per annum, and be payable when the next installment of interest becomes due.

It is further stipulated and agreed, that any statement of facts or recital by said Trustee in his deed of trust in relation to the non-
payment of the money secured to be paid, the amount due, the advertisement, sale, receipt of the money, and the execution of the deed
to the purchaser shall be received as prima facie evidence of such fact.

And it is stipulated and agreed, that if said parties of the first part shall pay off said note and interest, and discharge fully the
trusts herein declared before such sale, or the same shall be done by a sale of part of said lands, then so much of said lands as may not
have been sold and are not required to meet any of said trusts shall be conveyed to said parties of the first part or the title thereto
vested in them according to the provisions of law.

And the said parties of the first part, do covenant to and agree with said party of the second part, his heirs and assigns: That
they are the owners and are seized of said premises in fee simple; that they have the right
to convey the same; that the same are free from any encumbrances whatsoever; that they will forever warrant and defend
the title to the same from the lawful claims of all persons whomsoever; and that they will execute such further deed or
deeds as may be necessary or proper to carry out the true intent and purpose of this trust.

IN TESTIMONY WHEREOF, the said parties of the first part do hereto subscribe their respective name and
affix their seals the day and year first above written.

John Reid [SEAL]
Flossie L. Reid [SEAL]