L.B.G. Hall Survey, Abstract No. 686, Bicentennial Park, 1971 - Warranty Deed/~) ~ _~_.
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iLVVA12RANTY DEED (WITH VENDOR^5 LIEN) -.~.. I' ~ TEXAS STANDARD FORM
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That WE,,t LAWTON DELBERT GREGORY
~Cnum ,~ti l~pn ~~ ~~~e,~~e ~r>Q,~>en#~:
and wife, SHIRLEY MARINE GREGORY
of the County of TARRANT State of TEXAS for and in consideration
of the sum of TEN AND NO/100.($.10.00) ------------------------------------
------------------------------------------------------------- DOLLARS
and other good and valuable consideration
to .us paid, and secured to be paid, by
CITY QF SOUTHLAKE, TEXAS x~o#a
the receipt of which is hereby acknowledged; and
The execution and delivery by the Grantee herein of their one certain
promissory note, of even date herewith, in the principal sum of
$17,000.00, payable to Lawton Delbert Gregory and wife, Shirley Maxine
Gregory, or order, payable on or before one (1) year from date of said
note, ,and bearing interest at the rate of Nine (90) per cent per annum,
and in addition to the Vendor's Lien herein retained, ,said note is
further secured by a Deed of Trust of even date herewith to William D.
Tate, Trustee;
have Granted, Sold and Conveyed, and by these presents do Grant, Sell and Convey, unto the said
,,
CITY OF SOUTHLAKE, TEXAS
of the County of TARRANT State of TEXAS all that certain
lot, tract or parcel of land described as follows, to-wit: BEING 10.0
acres of land out of the L. B. G: `HALL SURVEY, Tarrant County, Texas,
and described by metes and bounds as follows: BEGINNING at an iron
pin 25.0 feet West and 993.2 feet South of the Northeast corner of
L. B. G. Hall Survey, ,said point being in the West line of County
Road No. 3016; THENCE South, along the West line of said road, .335.6
feet to iron pin for corner; THENCE South 89 degrees 34 minutes West,
1296.6 feet to iron pin for corner; THENCE North l degree 07 minutes
West, along fence line, 335.6 feet to iron pin for corner; THENCE North
89 degrees 34 minutes East, .1303.2 feet to the POINT OF BEGINNING, .and
containing 10.0 acres of land, approximately; SAVE AND EXCEPT any part
or portion thereof in the use or occupancy of any public road or
highway.
TO HAVE AND TO HOLD the above described premises, together with all and singular the rights
and appurtenances thereto in anywise belonging unto the said
CITY OF SOUTHLAKE, TEXAS, its successors
1 and assigns forever and we do hereby bind ourselves, .our
heirs, executors and administrators, to Warrant and Forever Defend, all and singular the said premises
unto the said CITY OF SOUTHLAKE, TEXAS, ..its Successors
1 and assigns, against every person whomsoever 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 Grapevine, Texas
this 2nd day of _ September 19 70.
Witness at request of Grantor
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