5

OverviewTranscribeVersionsHelp

Facsimile

Transcription

Status: Needs Review

The Grantors hereby assign, transfer and set over unto the said Trustee all sumbs now due or hereafter becoming due as rent or otherwise under
present and future leases of the real estate hereby conveyed and of the improvements thereon hereafter erected, and do empower the Trustee with
full authority to take charge of the renting of any and all of the said real estate, to collect and give receipts in full for same and to apply to all sums
so collected to the payment of any indebtedness secured by this deed of trust; provided, however, that this assignment of the rents is not to become
effective unless and until default is made in the payment of said indebtedness or in the performance of any other if the obligations in this deed of
trust; provided further that such authority may be exercised if the Trustee so elects, and if exercised the only liability imposed on the Trustee or
cestui que trust is that of properly accounting for all rents received. Any holder of any bond hereby secured may after default in any of the
terms and conditions herein contained apply for the appointment of a receiver as a matter of right and shall, after the cost of such receivership shall have
been paid have the rents applied to the payment of the bonds hereby secured without consideration of the value of the mortagaged permises as se-
curity for the amounts due or the solvency of any person or persons liable for the payment of such amounts.

If the Trustee herein named shall die, or renounce his trust, or if the holder or holders of a majority in amount of the bonds hereby secured.
for any reason, desire to remove the party of the second part, or any successors, and to appoint another Trustee, the said bondholder or holders
shall have full power and authority to appoint a successor Trustee by instrument in writing, stating such removal and naming a successor, and be
registered in the County where the land lies, and such new Trustee shall thereafter become successor to the title to the said property, and same shall
become vested in him with all the power, duties and obligations herein conferred on the said party of the second part in the same manner and to
the same effect as though he or it were named herein as Trustee.

In this Deed of Trust, whenever the context so requires, the masculine gender includes the feminine and/or neutor, and the singular number
includes the plural, and whenever there is a reference in the covenants and agreements herein contained, to any of the parties herto, the same shall
be construed to mean as well the heirs, representatives, successors and assigns of the same, whether voluntary by act of the parties or involuntary by
operation of law. The terms "Grantor" and "Trustee" shall apply to the respective parties hereto, whether they be one or more, and the term
"bonds" shall apply even though there be only one principal bond.

IN TESTIMONY WHEREOF, the said Grantors have hereunto set their hands and seals, the day and year first above written.
Witness:
Margaret L. Wootten Solomon Robinowitz (Seal)
Margaret L. Wootten Anna Lea Robinowitz (Sea!)

NORTH CAROLINA, GUILFORD County.
I, Margaret L. Wootten, a Notary Public of Guilford County, N. C., do hereby
certify that Solomon Robinowitz and his wife, Anna Lea Robinowitz,
personally appeared before me this day and acknowledged the due execution of the foregoing instrument, and the said Anna Lea
Robinowitz, wife of Solomon Robinowitz, being by me privately examined, separate and apart
from her husband, touching her voluntary execution of the same, doth state that she signed the same freely and voluntarily, without fear or complu-
sion of her husband or any other person, and that she doth still voluntary assent thereto.

Witness my hand and Official Seal, this 12 day of September, 1940.
Margaret L. Wootten
My commission expires 5/5 1941

NORTH CAROLINA, _____________County.
This is to certify on the ___day of __________, 19____ before me personally came _______________________________________________________________________
with whom I am personally acquainted, who, being by me duly sworn says that____________________________________is the ________________________________
president, and __________________________________________is the ___________secretary of ____________________________________________________________
the corporation described in and which executed the foregoing deed of trust; that he knows the common seal, of said corporation; that the seal
affixed to the foregoing instrument is said common seal, and the name of the corportation was subscribed thereto by the said
________________________________________president, and that the said ____________president and_____________________secretary subscribed their
act and deed of said corporation. Witness my hand and official seal.
My commission expires _______________________________________19____ ___________________________________________________________________________

NORTH CAROLINA, _________________________________County.
The execution of the foregoing instrument was this day duly proven before me, by the oath and examination of _____________________________________________
________________________________________________________________the subscribing witness __________thereto.
Let the same, with this certificate, be registered. This the _____day of ________________________________________, 19____.

Clerk of Superior Court ____County.

NORTH CAROINA GUILFORD COUNTY.
The foregoing certificate of Margaret Wootten, a NORTARY PUBLIC of GUILFORD
County, N.C., is adjudged to be in due form and according to law. Let the said deed of trust and certificate be registered.
This SEP 12 day of 1940
[???]
Clerk of Superior Court ___County.

Notes and Questions

Nobody has written a note for this page yet

Please sign in to write a note for this page