3

To have and to hold the said tract or parcel of land and all privileges and appurtenances thereunto
belonging to the said party of the second part and its successors and assigns forever.
And the said parties of the first part do [blank] covenant that they are
seized of the said premises in fee and ha [blank] the right to convey the same in fee simple; that the same are
free from incumbrances; and that they will warrant and defend
the said title to the same against the claims of all persons whatsoever
Provided Always, and these presents are upon the express condition that if the said parties of
first part shall well and truly pay or cause to be paid to the first party of the second part whatever it shall
be ascertained by the Board of Directors of the said First Series Mechanics
Perpetual Building & Loan Association that the value of each share of stock in said [blank]
First Series Mechanics Perpetual Building & Loan Association amounts to the sum of one
hundred dollars, according to its plan of organization, and operation as appears in the constitution and
by-laws of the said First Series Mechanics Perpetual Building &
Loan Association, which are made a part of this deed, the sum of
Seven Hundred and 00/100 Dollars,
evidenced by a bond bearing even date herewith, with interest thereon at the rate of six percent. per annum,
payable in monthly installments until the principal money shall all be paid according to the terms of said
bond and constitution and by-laws aforesaid, then these presents and the said bond shall determine and
be void.
It is understood and agreed that the said parties

To have and to hold the said tract or parcel of land and all privileges and appurtenances thereunto
belonging to the said party of the second part and its successors and assigns forever.
And the said parties of the first part do [blank] covenant that they are
seized of the said premises in fee and ha [blank] the right to convey the same in fee simple; that the same are
free from incumbrances; and that they will warrant and defend
the said title to the same against the claims of all persons whatsoever