Travis County Deed Records: Deed Record 627 - Mechanics Liens Page: 42
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note, when the same severally
W. F. Harris
C. A. Fowler
#2.40 State Note Stamps Cancelled.
Elsie Helen Fowler
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same become due and payable,
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aforesaid, or fail to pay any premiums therefor when the
or fail to pay any one of the said installments of said j
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become due and payable, then at the option of the holder of said note, the whole of
said note, principal and interest then accrued, shall at once become due and payable, a nd
suit may be immediately commenced at the option of the holder of said note, to collect
the same, together with all other sums of money which have accrued under the terms of
this contract, as hereinbefore specified, and to foreclose the mechanic’s lien aforesaid.
Witness our hands, this 16 th day of February, A.D. 1940.
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THE STATE OF TEXAS, #
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in connection with the said improvements, to secure the payment of the said note and to
secure the payment of all other sums of money to become due and payable under this
contract; that the said parties of the second part hereby agree and bind themselves, after
the said improvements have been completed by the said party of the first part, according
to the said plans and specifications, and accepted by the said parties of the second part,
to keep the said improvements, insured, at their own expense, against fire, and against
cyclones tornadoes and other windstorms for an amount equal at all times to the amount
remaining unpaid on the said note, in some good and responsible insurance company or
companies approved by the holder of said note, and to have the said policy or policies
of insurance payable to the holder of said note, as the interest of such holder may appear,
and to deposit such policy or policies of insurance with the holder of said note until
the whole of said note has been fully paid and satisfied; that the said parties of the
second part agree and bind themselves to pay all taxes of every kind and character on
the said property hereinbefore mentioned and described, as they severally become due
and payable, until the whole of the said note has been fully paid and satisfied; and
in case the said parties of the second part fail to procure the said policy or policies
of insurance, or fail to pay any premiums therefor as they severally become due and
payable, or fail to pay the said taxes, or any part thereof, on the said property as they
severally become due and payable, then the holder of said note, without being under
obligation to do so, may take out such policy or policies of insurance and pay the
premiums therefor, and pay such taxes, all for and on account of the said parties of
the second part, and any such premiums of insurance and taxes, or either, paid by the
holder of said note, shall from the time of such payment, constitute a debt against the
said parties of the second part in favor of the holder of said note paying the same, for
the amount so paid, which shall bear interest from the time of such payment at the rate
of seven per cent per annum, and the payment of such debt and interest shall also be
secured by the mechanic’s lien aforesaid; and it is hereby agreed that if the said parties
of the second part fail to pay the said taxes, or any part thereof, on the said property
before the same have become delinquent, or fail to keep the said improvements insured, as
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COUNTY OF TRAVIS. # BEFORE ME, Edward A. Rogge, a Notary Public within and for the
said State and County, on this day personally appeared W. F. Harris and G. A. Fowler,
known to me to be the persons whose names are subscribed to the foregoing instrument
and severally acknowledged to me that they executed the same for the purposes and
consideration therein expressed. And also before me, on this day personally appeared Elsie
Helen Fowler, wife of the said C. A. Fowler, known to me to be the person whose name
—. _/_
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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/m1/48/?rotate=90: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Travis County Clerk’s Office.