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HomeMy WebLinkAboutLegal Documents !)ate Recorded. IS I Ir ED' THE STATE OF TEXA~L 1... ",J.ictOcl~M) fEB231973 )) COUNTY OF BRAZOS fRANK BOR1SKIE. T~ cJ- -.; 7 - ~~~~7"ctlfjlll\l That we, LEON W. STASNEY "t~d'l ~ J ~ ~Ii~\ q:~. F:'1 i a a A A vJ y! ?~_I""'l>a. ,~w t:-. ~_.~ KNOW ALL MEN BY THESE PRESENTS: 77070 and wife, GRACE BROWN STASNEY, of Bell County, Texas; MARTHA N. JAMESON and husband, DAVID MACK, of DAJ}"S County, Texas; SUE STASNEY of IIF1KJ!./s County, Texas; and LEONARD W. STASNEY and wife, MARCIA D. STASNEY, of }l.A~$ County, Texas,foT and in consideration of the sum of TEN AND NO/IOO ($10.00) DOLLARS, and other good and valtiable consideration to us paid, and secured to be paid, by JAMES C. SMITH, TRUSTEE, the receipt of which is hereby acknowledg d and the further consideration of the sum of SEVENTY-EIGHT THOUSAND AND NO/IOO ($78,000.00) DOLLARS, as is evidenced by the execution and delivery by Grantee of his one (1) certain promissory note in said sum of $ 78,,000. 00, of even date herewith and bearing interest from date until maturity at the rate specified therein, payable to the order of Leon W.Stasneyand wife, Grace Brown Stasney; Martha N. Jameson and husband, David Mack; Sue Stasney; and Leonar w. Stasney and wife, Marcia D. Stasney. The principal being pay- able in ten (10) annual installments of $7,800.00 each, with the fiTst of such installments being due and payable on or before the ~L L! day of February, 1979, and a like installment being due and payable on or before the same day of each succeeding year thereafter until said note is paid in full. The interest on said note is payable annually as it accrues. Said promissory note containing a clause reserving to the maker of said note a right, at his option, to pay not more than the amount of two (2) annual installments, in addition .to the maturities provided thereon,. on any interest paying date; said note providing for past due interest, acceleration of maturity and containing the usual attorney fee clauses. Said note is further and additionally secured by a Deed of Trust of even date herewith from Grantees to John M. Lawrence III, Trustee, for the benefit of the said Leon W. Stasney and wife, Grace Brown Stasney; Martha N. Jameson and husband, David ~1ack; Sue Stasney; and Leonard W. Stasney and wife, Marcia D. Stasney, covering the hereinafter W+,' described property. Said promissory note also provides that in the event of foreclosure holders of the promissory note accept the monies realized from such foreclosure in full and final payment of said note, including the principal, interest, attorney fees and trustee's fees and the maker shall not be liable for any All that', certaill tract' or par.eel of land lying and being si t- uated in the CR_A.l'iFORD BURt\TETT LEAGUE in College Station, Texas, bei~g a part of that 15 acre tract conveyed to. Leon Stasney by~ deed recordedinVolume 222; page 613 of the Deed Records of Brazos County ; Te.xas , and being" nfore parti'c'ularly desc-;ribed as f 0 I-I Olv"S : . . . . .. :. ,. .- . -." .... .....' . . .' . BEGINNING at an iron rod at the intersection 'of the sou,th"\"est line .of State High\vay No..,' 6 and the northlvest lin'e of the said 15 acre tract; '. . . . . THENCES ,480 37' 35" lV' '-:1816 .'8 feet to 'an '.iro'n rod" at the most westerly corner of the said 15 aere tract; THENCE S 440' 32 t 14ft E - 350.0 feet along the southlvest line of the said 15 a~re tract to an iron rod; '. THENCE N. 480 )36' .2211 E ~ 1826.1 feet alona the, southeast line. . 0 of the s.aid 15 acre tract to the southwest line of State Highway No.6; TI-IENCE N 460 04' 25" 1'1 - 350.0 f'eet along the southwest line of State Highway No:. 6 to the point of b~glnni~g a~d"containing- 14. 6 a~res_ of land more orless~ Satd conv~yance .is J!lade subj ect' t,p an easement recorded in Volume 304 , ,page 70, Deed Records of Brazos County, Texas. VOIJ.LJPA.GE 16? Smith, Trustee, his heirs and assigns, against every person whom- soever lawfully claiming, or to claim the same, or any part thereof. But it is expressly agreed and stipulated that the Vendor's Lien is retained against the above described property, premises and improv,ements, until the above described note and all interest thereon are fully paid ~ccording to its face and tenor, effect and reading, when this deed shall become absolute. WITNESS our hands at Bryan, Texas, this did/- day of fd<.,uld/I-"-I / , 1973. --l= -.~_;ooj"l'1"if"~".'.'''''''~~~'~~'':'':~''''''1'' ,"~':iLi. ~ .!)!} r~ ~lli ., ,'1;;$. i i~ t;1 . "". 0 '.:~ t, " ,,'" -; ;..( " .,. . D /,j-- 'of. .....-li~:s , TO HAVE AND TO HOLD the above described premises, to- gether with all and singular, the rights and appurtenances there- to in anywise belonging unto the said James C. Smith, Trustee, his heirs and assigns forever; ~d we do hereby bind ourselves, our heirs, executors and administrators, to Warrant and Forever Defend all and singular the said premises unto the said James C. Smith, Trustee, his heirs and assigns, against every person whom- soever lawfully claiming, or to claim the same, or any part thereof. But it is expressly agreed and stipulated that the Vendor's Lien is retained against the above described property, premises and improvements, until the above described note and all 'interest thereon are fully paid according to its face and tenor, effect and reading, when this deed shall become absolute. WITNESS our hands at Bryan, Texas, this tlidz... day of ~ .l/6-uld./l,,-/ / , 1973. ..../ v< :9\~If-U/ 71/f-a'??~~'?f2-- LEON W. 5T ASNEY . t (/fltJJd:Atvf/l. ~ MARTHA N. JAME ON ~rt~~~ ~. S~~ MARCIA D. STASNEY , THE STATE OF TEXAS ) COUNTY OF &ay~ ~ BEFORE ME, the undersigned authority, in and for said County, Texas, on this day personally appeared Leon W. Stasney and wife, Grace Brown Stasney, known to me to be the persons whose names are subscribed to the foregoing instrument, and ack- nowledged to me that they executed the same for the purposes of ".,w;ldGonsideration therein expressed. . . -,,~ \\' P iJ 9 '. t. ., ~ .:;........!I"..... GIVEN UNDER MY HAND AND SEAL OF OFFICE on this the '. ...,!(cit.~r' of P.,L'~L{+1'1Jlt/ , 1973. :t ~ . ... : . ....~;~,..-', :. ~ .~ : c' j/'\: 1 : >c :: ~. \; ; ~. ,'..:\ 1 ~.:/;' '. '^ · ..... e, ~ _: " ........... ", ,~ . ."." OF 'I\{'" 1- ..' , . . ff.f....'~.,'. VfU3jJ Pt'!.G~16? -.... -~~ 1fI" . THE STATE OF TEXAS COUNTY OF &-ayaJ VOLlliPf~Gf;li,L ) ) ) BEFORE ME, the undersigned authority, in and for said County, Texas" on this day personally appeared ~1artha N. Jameson ..and husband, David Mack Jameson, known to me to be the persons ..' ~~~p~@,- names are subscribed to the foregoing instrument, and ack- .~o.leaged to me that they executed the same for the purposes of "'r.;)n;,:~~n~. ~d:;::~o~:::r::n H:::r::e:~AL ~~. j(~~ "~d.Ar of '.f J../tu{(t14 . ,A · . ... ~ I. "'. . " ... ()-;/ '''1 "....... 1: · .. . .-' , \\ ~ ,-,.- "'",..tt,"'-- THE STATE OF TEXAS ) COUNTY OF &t7J'~4J ~ BEFORE ME, the undersigned authority, in and for said County, Texas, on this day personally appeared Sue Stasney, known ,..... it9}lle.to be the person whose name. is subscribed to the foregoing ~~ ..~ll.~f4-)Ament, and acknowledged to me that she executed the same for j" & e 'p~rposes of and consideration therein expressed. . :" : ~ GIVEN UNDER MY HAND (cAjd:ay of 7-. '(.'A.i//~/1.')/ .. ~ .'. .~ . i.. / L .. ~~~i4.t( )"~' . ... C, r.. ........,1 C\ 'I,. fI \'.... l- I", .......:.".,. THE STATE OF TEXAS COUNTY OF ~ BEFORE ME, the undersigned authority, in and for said County, Texas, on this day personally appeared, Leonard W. Stasney and, wife, Marcia D. Stasney, known to me to be thepeTsons whose names are subscribed to the foregoing instrument and acknowledged to ~e that they executed the same for the purposes of and con- sideration therein expressed. ,.U.....,.. .-' 1\' P""I" ....... ~~......~~L~.... GIVEN ..... .. -!"Qt;d-a y ~ 0 f ~ i [' .~,~~i~l E~ : ~". " .;v,;;':, '~....".,/ , .... . .... c, ...... ) ....... . , . ,t" 'f q~ ~. UNDER MY HAND AND SEAL OF OFFICE/ n this the , 1973. _, I~/ j f 1"------ "- // # /J[,-:..~/~ IN AND FOR COUNTY, TEXAS S ~TEOF TEX,AS ) C UNT'{ OF BR/\Z03 } C .," C' I .. ,.' '-."', ("'0.1 rn tyeo urt "In and for. Brazos I, rnnk 10;'lS~'~j 2, · ,iCri< Ct" L tl...- \..'L I ' . . . FILED C nty, Tcx~:, C:::> 11::;;''''cy c:r~i::rt:::t this instrument was : 0, the date ar:d <:t the time stam;::cd hereon and RECORDED In VOlur.1c ::::-:::1 pas::: of the /)ti~ecords of said County on c!:i2 s~::n1;J:J h:;rco:l. Deputy