Travis County Deed Records: Deed Record 598 - Mechanics Liens Page: 255
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C the STATE OF TEXAS #
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into this day by and between Arthur Maberry and wife
the
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are made a part hereof as fully as though here written word for word
upon the follow
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shall at his own expense keep the improvements in the course of construction insured
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may appear.
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or before 120 days from date
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Gounty, Texas,hereinafter: called Owners,
inafter called Contractor, WITNESSETH:-
That Contractor at the request of Owners
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a more particular description of said tract of land.
Contractor shall furnish and provide first class materials and labor necessary for
the construction of said improvements and all parts thereof, according to said drawing^
plans and specifications, and shall deliver such improvements to Owners free from all
Lot No. One(1) in Stephenson and Young resubdivision of Block No.41, in Christian and
Fellman Addition to the City of Austin, according to the map or plat of said Stephen-
son and Young resubdivision of record in Book 242,page 615, of the Deed Records of Tra
vis County, Texas,to which said plat and the record thereof reference is here made for
and W.G. Bailey of Travis Gounty,Texas,here
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ounty of Travis,
, and for the consideration hereinafter agreed
, with interest from maturity until paid at the rate of
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seven per cent (7%) per annum, further providing that all past due interest shall be
encumbrances by reason of the erection of such improvements save and except the lien
herein provided for, in the sum of Fifteen Thousand, Six Hundred Fif ty($15,650.00) Doll
ars, within 120 days from date, or within a reasonable time thereafter. Contractor
at th J rate of seven per cent (7%) per annum, further providing that all past due in-
against loss or damage by fire or other causes, such policy or policies of insurance
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to contain loss clause payable to Contractor and Owners, as their respective interests
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, Ida Belle Maberry, of Smith
certain promissory notes, Note No. 1 having been made, executed and delivered by Own
ers to Contractor, bearing even date herewith,in the principal sum of Ten Thousand
Five Hundred($10,500.00) Dollars, payable to order of Contractor, at Austin, -exas , on
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Owners, in consideration of the foregoing agreement and undertaking on the part of
Contractor, hereby agree,bind themselves and promise to pay to the order of Contractor
at Austin, -ravis bounty, -exas, the sum of Fifteen Thousand Six Hundred Fifty ($15,650.
00) Dollars, all of such consideration to be paid in accordance with the terms of two
to be paid by Owners to Contractor, agrees and binds himself to construct, erect and
complete for Owners a four unit, brick veneer apartment house and four car frame garage
according to drawings, plans and specifications heretofore agreed upon by and between
/nitiql/ed by thebart ies heret z?
the parties hereto^ or identificat ion, which said drawings, plans and specifications
come as principal and bear the same rate of interest, and containing the usual stip
ulations as to attorney’s fees, and for acceleration in maturity date for failure on
part of Makers(Owners) to keep and perform tax and insurance covenants hereinafter set
forth, and further providing that its payment is secured by a first and superior lien
on the hereinabove described property; and Note No.2 having been made, executed and
delivered by Owners to Contractor, bearing even date herewith,in the principal, sum of
Five Thousand, One Hundred Fifty($5150.00) Dollars, payable to order of Contractor at
Austin, exas , on or before 120 days from date, with interest from maturity until paid
Filed for record 24 Meh 1939 at 2:30 P.M. Recorded 25 Mch 1939 at 3 P.M
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fo
ing described real estate, lying and situated in the City of Austin,
and State of Texas,more particularly described as follows, to-wit:
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County of Travis # KNOW ALL MEN BY THESE PRESENTS: THIS CONTRACT made and entered
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Travis County (Tex.). Clerk's Office. Travis County Deed Records: Deed Record 598 - Mechanics Liens, book, 1938-11/1939-03; (https://texashistory.unt.edu/ark:/67531/metapth1564399/m1/261/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Travis County Clerk’s Office.