HomeMy WebLinkAboutWarranty Deed
THE STATE OF TEXAS
}
KNOW ALL fv1EN BY TIIESE PRESEI'JTS:
nUT1CE
i i I (" f.. f \.' J t~) Ill,: ~ t ..l t ~: b..1 full (' j. ~ \ I . t f ) 1...J ~ )' ~. r ':.
T () 1t'lcC'1 the P'vp~' Ion". fill ,,., bl.Jnl ~pfJCC s, II nA.c ou I fun" pl'o't'iJionJ Of in Se'rl
Ip~('i.Jl IcrnlS ronslilules ,he prDctice of low. No "stondard forn," elln mttl oil
'CflU tr(nl~n IS.
""'40
WARRANTY DEED WITH VENDOR'S LIEN
....
":'. .
COUNTY OF BRAZOS
That WE, LOUTS FREDERICK BOUSE and wife, NANA LEATRICE BOUSE, herein
re ferredto as '1 Grantor"
of the County of
Brazos
and StJte of Texas
for J nd
in consideration of the Stlln of -- - -- -TEN AND NO"/IOO ($10.00) - - - - - - - - - - - - - - - I)()LL:\I{S
and other valuable consideration to .the ulHJ~rsigncdpaiJ by th~ gr~nh.'c
h L- r ~ inn ~ III C 11 , t h l- r l' L' llO i P tor
. which is hereby acknowledged, and the further consideration of the execution. and deli very by
the Grantee 'hereinof one.cert'ain !)rolnissorynoteof. even datcherc\vi t}l
in the principal sum of $80,000.00 payable to .theorder of LOUIS FREDERICK
BOUSE and \vife, NANA LEATRICE BOUSE, bearing interest at the rate specified
ther~in, matured unpaid principal and interest to bear interest at the
rate oflO% per annum from maturity until paid, 1)rillc"il)31 "and interest
paya~le in annualinstallments~ of $10,.000.00 (or more) each, payable on
the 13th day of February of each and every year, beginning f-ebruary 13,
1,980 and continuingregu~arly thereafter llntil. tIle eXI)i ration of 10 )~C3rS
from date hereof, when the entire amount hereof, principal and interest
then. remaining unpaid, shall be then due and payable; intere,st being .
calculated on the unpaid principal to the date of each installment paid
and the payment. credited, first, to the discharge of the interest' accrued
ancl the balance to the reduction of the l)rincil)al, said note pr,o\rll1i11g
for acceleration of m3,turity in the event of defatil tand for 1000 attorney's
fees; .
The Grantor does hereby retai.:n a vendor's lien to seCure. the payment of
the herein described n.ote. Said note is further andaddi t iona lly secured
by a Deed of Trust of even date herewith .from Grantee. to Sam.Sharp, Trustee
for the benefit of the Grantor herein, covering the hercfnafter' described
property;
AND TIlE FUR1'liER CONSIDERA1'lQN being tIle 5unlof$3S,OOO.OO ~lS cviJcnccll l)y
one certain promissory note .of even date herewith,excc:utcd by .Grantee and
payable to the order nf BANK OF A& ~t, College Station, texas, \-:ith interest
payabl~ quarterly andtheentiye amount of principal, plus accrued interest
due on or before one {I) year from date hen'Of,said .note bearing interest
at the rate specified therein.. Saidnote.isadditional'lysecurcd bya
Deed of Trust of ev'en date here\vi th from Grantee to Dennis Goehring, '.Trustee
for t}1e' use .and benefit of BANK O'F A & f\1, CbllcgeStat,ion, l'ex3s. 'Saill
lien securing this note shall be and remain secondary aTld inferior to the
lien first above described.
D^IT RE8np.:}rn~cZ/)&:/y
- .' " , ~" :CJ".} RANK BORJSKIE ' .
~ k <X~. ~)l ~,. .. ~x. ){ x\\{. Jjclocont t( t<l A\x')J n:d~ x oo>"W}J cLcxr>.'0l.i'c r< N oox tnx ~.t{~~xa~ M X>.'1i X klit~~~,' 't;r ~:x~.!;::j t'~'
. . .... /f a -tL' /0 ct"L..;/~ '--
)l~~kt(fX~xocw~:bXVC:Xi:irlJ)tNX . . - x.x('(~tc~
158005
. Elef:D
Aic2.' 1./5 O:clockL2J,1
-FEf~ 1 4 1979
have GRANTED, SOLD AND CONVEYED, ant! by these presents do GRANT, SELL AND CO;-.;\'EY unto
EVERETT F.TREAD\vAY and wife, VIVIAN ?-v1ARLENE TREAD\vAY,
herein referred to as "Gr~ntee"
of the ('ounty of Bra 20S" ano State of Texas ,311 of the follo\ving d~sL'ribLlOd r~al
prop~rty in Brazos County, Texas. to-\vit:
,Being a 2.S0.acre tract or parcel of land lying and being situated in
Lot Sixteen (16), LAKEVIEW ACRES, College Sta,tion; Texas, a subdivision
as 'sho\vn on plat recorded in Volume 128, Page 300 of the Deed Records of
!3ra zos County, Texas,> and also be ingthe same property conveyed to
L. F. Bouse,etux,by deed recorded in Volume 262, Page 640,'of the Deed
Records of Bra'zbs County, Texas, said 2. SO acre tract being more particularly
described by metes and bounds as follows:
., .
". . ~ i if .. .:~, ,
~:3 ;~
~
~ ..
\
.1
~ I K ."
.. ~ ~.. .
I ""_
34
~
B;lGfNNING at an iron rod found marking the south corner of the aforesaid
Lbt 16, said iron rod a'lso lying onth.enortheast l~ight-of-'way line
of Texas Avenue; , ,
THENCEN4So 00' 00" E with the southeast property line of the afo.rcsai'd
Lot 16 for a distance 'of'467.98 feet to>a fence post for corner, said
fence post marking tIle east corner of the, aforesaid Lot 16;
T'HENCE N 450 27' 49" l-J with the. northeast ,property line of, the aforesaid
Lot 16 for a distanceof'232.38 feet to a fence pos.t for corner;
THENCE S 45003'36" lVacrossaforesaid Lot 16 for a. distance of 466.61
fee t to an iron rod fbr corner,s aid i Ton r'od a1 so lying on the northeast
Right-of-way' line 'ofTexasAvenue; .
,THENCE S 450 07' 36" E \viththe abovesaid Right-of-\vay line for a distance
.of 232.86 feet to the PLACE OF BEGINNING and containing 2.50 acres bf
land more or less, as. s,uTveyed in January, 1979 by Jerry Bishop, Registered
'Professional Engineer No.3 7426.
THIS CONVEYANCE IS MADE SUBJECT TO:
(1) EaseJTlent.4at~dAJ>ril.lS, 193 7 from A. J. Tabor, Jr. to City of Bryan
recorded'.inVolume 98, Page 75, Deed.' Records of' Br.azas 'County, ,Texas.
(2,) 1/16 royal tyintere.s't re ser\'ed in deed da te,dJune 30, 1 9 45 from
'Mary E. Be.avers et a1 to'. .C. I .]\1iller, et ux .recorded in "Volume .120, Page
207, n-eedRecordsofiBrazosCounty, Texas.
.(3) All valid and subsisting easements, .restrictions"rig11ts. of way,
conditions, exception,s, reservat.ionsand covenant,s ofw}1atsoever nature
of record) if any ,and alas to th,e zoning la\vsaridotller restrictions,
regulations, ordinances and statutes of municipal or other governmental
authorities applicable toa.nd enforceable against the described pr~mises.
TO HAVE AND TO ~IOLD the above described, prenlises, ~ogetherwithal1 and singular the rig,!lts ,anc
appurtenances thereto: in anywise belonging ,un to the SJid gran tee 5 t
forever; an'd we dohere~ybind our 5 e01 ve 5/,0 ur
. their
heirs and assigns
he i rs , ex e ell to rs and a G m i n is t ra tors to
WARRAN1', AND FOREVER DEFEND all and singular the said prenlises unto the said grantees ,their
heirs and. a'ssigns;, against everypers'on \vhomsocver)awfully clairni.ng or (0 clairn the sanlC or 'any part
thereof.
But it is. expressly agreed that .the ':VENDOR'S LIEN, as well as the Supcri'orTitle in and to the above
dC$cribedprenlises, is retained against the above dcsc~ibcd prope.rty, premiscsand inlprovcnlcnts until the above
described note and an interest thereon are fully paid according to t}~_e..r~ce, tenor, effect and reading thereof,
when this Deed shall become absolute.
,
....
~
I
Feb~.. --/ ~ ".A/DO 79
........ ......~.... ~~.r.! '.'h~... ....... ...... .A~..~... ~"~"'" .~... .1!.~..~~,. ..I..~. · ... .~1J..!:.~A .0-,
k~VIy~~DER{S){~..1iQA~~t;"~{'7/
........t on?;;,{trriihYfil a~~' -'X gei10 il'd.......
. .. . . . . .A ~ .~. ~ ?;J). ~ Y. . . ~.r. . . .~.c:: ~ .~. . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . .