Travis County Deed Records: Deed Record 604 - Deeds of Trust Page: 35
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shall execute to the purchaser thereof a good and sufficient deed in law to the property
for the purpose of securing the payment of said note, principal, interest and attorney’s
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to pay the sums named in the said note, with interest thereon as therein provided; to permit
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to be done to said premises nothing that may in any way impair or weaken the security
under this instrument.
And we further covenant with said Trustee that we will at all times during the continuance
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that may be laid within the State of Texas upon said premises or any part thereof.
It is especially agreed that if the grantors shall fail to effect such insurance and deliver
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such policies as herein provided or shall allow taxes upon said real estate to remain
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unpaid for a period of one month after they become delinquent, the legal holder of said note
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secured shall become due and payable after two months from said default, and may be collect-
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y suit o r b y proceeding hereunder.
grantors, together with a fine of one per cent, per month upon the amount of such taxes
authorized and empowered to sell the property hereby conveyed to the highest bidder, for
taxes, as well as the amount of said fine, shall become a part of the debt hereby secured.
And it is further specially agreed that if default shall be made in the payment of any
no waste, to keep all improvements in as good repair as they are now, and to do and permit
may effect said insurance or pay said taxes, and charge the amount to the account of the
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sum due thereon in case the same shall be placed in the hands of an attorney for collect
the hours now required by law,
place and terms of said sale,
any, unto said grantors or legal representatives or assigns on reasonable request. And
so sold, in fee simple, and shall receive the proceeds of said sale, and out of the same
Now, therefore, if default shall be made in the payment of the principal of said note or
the said shares of stock when due, and any one of said sums shall remain unpaid for two
hereunder, in such priority as he may determine; and third, shall render the overplus, if
obtained thereon, in companies acceptable to and with the loss payable to said Trustee,
them, then, at the option of the legal holder of said note, the whole of the debt herein
fees, said grantor or grantors do further covenant with the said Company, and its assigns,
tion, or for the purpose of being sued upon or established in any manner, inany court.
each month hereafter, and also provides for an attorney’s fee of ten per cent upon the
said premises, insured against loss by fire and tornado to the extent insurance can be
reasonable trustee’s fee; second, the debt, and all sums of money due or to become due
months after due, or incase of breach of any of the agreements and covenants herein
shall pay: First, all charges,costs and expenses of executing this trust, including a
said note, the said Trustee, or his successor or successors appointed hereunder, is hereby
principal or interest on said note, or in the payment of dues or fines upon said shares of
or his successors, for the benefit of the holder, or holders, of said note according to
Company, evidenced by its Pass Book No. 7954 which note bears interest from date at the
rate of 5} per cent, per annum, payable in equal monthly installments on the tenth day of
mentioned, or in any case herein provided, then, on the application of the legal holder of
and after advertising according to the present law, the time.
such form as may be by him required, and deliver the policies to said Trustee, or his
successors, and to pay, before the same shall become delinquent, all taxes and assessments
any installment of interest thereon, when due, or in the payment of stock,dues or fines upon
and the property to be sold; and after said sale,as aforesaid.
stock, or in the performance of the covenants or agreements herein contained, or any one of
of this trust keep the buildings and improvements now on, or hereafter to be erected on,
cash in hand, at the County Court House door in Travis County, Texas, on the day and withi i
paid, until said fine is paid and sums reimbursed, and the sums so expended for insurance or
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Travis County (Tex.). Clerk's Office. Travis County Deed Records: Deed Record 604 - Deeds of Trust, book, 1938-12/1939-03; (https://texashistory.unt.edu/ark:/67531/metapth1564405/m1/41/?q=%221939-03%22: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Travis County Clerk’s Office.