4

$7,00.00
High Point, North Carolina,
September 10, 1940.
No.______.
FOR VALUE, We owe and promise to pay to
-------WACHOVIA BANK & TRUST COMPANY. or order --------
-------SEVEN THOUSAND & NO/100 -------------DOLLARS,
which shall mature and be payable in installments of $100.00 each,
beginning on the 10th day of Octoberm 1940, and a like amount on the
10th day of each calendar month therafter until paid in full; nego-
tiable and payable without offset in lawful money of the United States,
with interest on all unpaid principal at the rate of six per cent
(6%) per annum from date, payable monthly in advance, at Wachovia Bank
& Trust Compancy, High Point, North Carolina; and in the event that any installment of principal or interest is not paid herein set
out, this bond shall thereupon mature and become payable in full, but
only at the option of the holder hereof.
The makers may at their option, at the due date of any
installment of principal, pay the entire balance or any part thereof
due upon this bond, but such payment shall not affect the payment or
due date of any subsequent installment.
Each maker, endorser and/or surety hereto waives pre-
sentment, demand, protest and notice of dishonor of this bond and
agrees to remain fully bound, notwithstanding any extensions of time
granted.
This bond is secured by a deed of trust of even date
executed by the undersigned to the Wachovia Bank & Trust Company and
recorded in the Office of the Register of Deeds of Guilford County,
North Carolina.
IN WITNESS WHEREOF, we have hereunto set our hands and
seals, the day and year first above written.
Margaret L. Woottou [Witness] Solomon Robinau[?] (SEAL)
Margaret L. Wootou [Witness] [???] (SEAL)