Travis County Deed Records: Deed Record 641 - Mechanics Liens Page: 65
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65
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aid
of,
house and improvements to be built of good substantial material and to be erected strictly
ve
shall at the option of the holder of said note, mature said
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material of whatsoever kind necessary to be used in the erection of the same, and paying
all expenses incident to the said labor and furnishing of material, the said dwelling
according to the plans and specifications, here referred to and signed by the parties
for further description.
on same, and providing failure to pay said note or any install-
shingled roof house, with a one-car frame garage detached, according to plans and
the said parties of the second part, jointly and severally, payable to the order of
the said R, C. Cleveland party of the first part, at Austin, Texas, bearing eight per
cent interest per annum until paid, due six months after date, interest due and payable
at maturity, providing for ten per cent additional thereon on amount of principal and
interest then due as attorney’s fees if placed in the hands of an attorney for collection,
specifications signed by the parties hereto for identification and which are made a part
of this contract, on the property belonging to and claimed by them as their homestead,
situated in the City of Austin, in Travis County, Texas, and more particularly described
or in case suit is brought
me nt of interest when due,
Now, therefore, in consideration of the fact that said party of the first part has
covenanted and a greed with the said parties of the second part that he will well and truly
build said house in a good substantial and workmanlike manner within ninety working days
from date hereof on the said above described property, performing or causing to be performed
all of the labor in the improvement or erection of the same, and furnishing all of the
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ton
And the parties of the second part agree, bind and obligate themselves to pay to
the said party of the first part at Austin, Texas, the sum of Forty One Hundred and no/100
Dollars, as follows: $300.00 to be paid on completion the balance to be evidenced by
one certain promissory note of even date herewith for the sum of $3800.00, executed by
Whereas, the parties of the second part are desirous of building a 5 room, frame
and upon which a lien is hereby created, in good repair and condition, and pay and
discharge, as they may become due and payable, all and every, all taxes due and to become
1e,
-t is expressly agreed and understood that to secure the payment of said promissory
note for the sum of $3800.00, the said party of the first part retains, and shall have
a valid existing mechanic’s materialman’s, laborer’s and contractor’s lien, equity,
security and interest in and to the above described real estate, constituting one body
as follows:
Lot Seventeen (17) in Stanhope Place, a subdivision of a portion of Outlot No. 5,
in Division "C" , of the City of Austin, Travis County, Texas, according to the map or
plat of said subdivision recorded in Vol. 4, page 6 of the Plat Records of Travis County,
of land and intended to be used and enjoyed in connection with the improvements contem-
plated in this contract, and the improvements to be erected thereon, and it is agreed
and understood that the said promissory note may be assigned and said assignee or
Purchaser shall have and be subrogated to all of the rights and equities of the said party
of the first part, to have and to hold the same, together with all the rights and
appurtenances to the same belonging or in any wise incident or appertaining.
It is further agreed and stipulated that the parties of the second part shall a nd will,
at their own proper expense and cost, keep the property and premises herein described
all of Travis County, Texas, have this day made and entered into the following agreement
and contract, to-wit:
iid,
note.
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Travis County (Tex.). Clerk's Office. Travis County Deed Records: Deed Record 641 - Mechanics Liens, book, 1940-08/1941-03; (https://texashistory.unt.edu/ark:/67531/metapth1596384/m1/71/: accessed July 7, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Travis County Clerk’s Office.