Travis County Deed Records: Deed Record 627 - Mechanics Liens Page: 334
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shall, at the option of the holder of said note, mature the same in full.
It is also further agreed and stipulated that the parties of the second part shall
and will at their own proper cost and expense pay and discharge as the same become due
and payable all taxes on the aforementioned and described property, and it is further
under such policy or policies of insurance being payable to the holder or holders of the
aforementioned note as such holder’s interest may appear; and in case of default made
by the parties of the s econd part in the performance of any of the foregoing stipulations,
the same may be performed by the said party of the first part, his assignee or holder
of said note for and on account of and at the expense of the said parties of the second
secured and payable by and under this contract in like manner with the other indebtedness
herein mentioned.
Witness our hands this 21st day of March, 1940.
Povt
50/ State Note Stamp Cancelled
appeared W. A. Smith, known to me be the person whose name is subscribed to the fore-
consideration therein expressed.
Robert B. Thrasher
(Notary Seal)
Notary Public, Travis County, Texas.
Joyce McDowell, wife of the said K. A. McDowell, having been examined by me privily
Joyce McDowell, acknowledged such instrument to be her act and deed, and declared that
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Party of the Second Part.
W. A, Smith
Party of the first part
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to the same belonging, or in anywise incident or appertaining.
K. A. McDowell
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agreed and stipulated that parties of the second part shall keep the improvements on
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said property insured in some good and responsible company or companies in at least
the sum of $700.00 fire insurance and $700.00 windstorm insurance, with the loss,, if any
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and apart from her husband, and having the same fully explained to her, she
from the date when the same was incurred or paid, and such advancements shall stand
executed the same for the purposes and consideration therein expressed, and the said
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going instrument, and acknowledged to me that he executed the same for the purposes and
part, and any and all expense incurred and paid in so doing shall be payable by said
parties of the second part to the payor thereof, with interest at the rate of 8% per annum
she had willingly signed the same for the purposes and consideration therein ex
Given under my hand and seal of office, this 21st day of March, 1940.
III ' '
It is hereby expressly agreed and understood that to secure the payment of the
aforementioned note in the principal sum of $700.00, the party of the first part retains
and shall have a valid existing mechanic’s, materialman’s, laborer’s and contractor’s
first part, to have and to hold the same, together with all the rights and appurtenances
THE STATE OF TEXAS, #
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, the said
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COUNTY OF TRAVIS. # BEFORE ME, the undersigned authority, on this day personally
appeared K. A. McDow II and wife, Joyce McDowell, known to me to be the persons whose
names are subscribed to the foregoing instrument, and acknowledged to me that they each
COUNTY OF TRAVIS. # BEFORE ME, the undersigned authority, on this day personally
lien, e quities , securities and interest in and to the above described real estate, together
on A adit, te beereeted thereon, and the IwProvemerts
with the improvements,now upon and to be placed upon said land; and it is agreed and
understood that said promissory note may be assigned and said assignee or purchaser thereof
shall have and be subrogated to all of the rights and equities of the said party of the
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Travis County (Tex.). Clerk's Office. Travis County Deed Records: Deed Record 627 - Mechanics Liens, book, 1939-11/1940-08; (https://texashistory.unt.edu/ark:/67531/metapth1596370/m1/340/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Travis County Clerk’s Office.