Goldsboro weekly argus. [volume] (Goldsboro, N.C.) 1885-1909, 1899-03-23
NEW CHATTEL MORTGAGE
FORM.

al oNS W RAOsAAO ohoAo
agricultural liens and chattel
mortgages, and to prescribe the
fees for probating and register
ing the same.
The General Assembly of North
Carolina do enact:
Section /. That for thu purpose
of creating a valid agricultural lien
under section seventeen hundred
End ninety nine of The Code, and
amendments thereto, for supplies
to be advanced, and also to consti-
tute a valid chattel mortgage as
additional security thereto, and to
secure a pre-existing debt, the
following form shall be deemed
sufficient, and for those purposes
legally effective:
State of N. .,...... county.
Section 1.-Whereas, H..
am engaged in cultiyating the soil,
and 80. ha. this day agreed to
make advances to me of supplies,
to the value of -. dollars, and
such further sums as said -. NAV
deem necessary, not to exceed in
all. dollars, during the year 49,,
to enable me to make a crop dur
ing the said year on land in said
state and county, -. township,
adjoining the lands of and
being the same ....: Now, there
fore, in consideration of the
premises, I do covenant with -.
that [ will properly cultivate and
harvest on said lands. C in
cotton. c in corn acres in
tobacco, and. acres in, that
there is no lien on said crop, and
to secure payment of the amount
advanced to me, / do hereby give
la lien, as provided in section
seventeen hundred and ninety-nine
of The Code of North Carolina. on
all the crops which may be raised
on said land during the year 49,.
And if by, 49,, I fail to pay
the amount advanced, and also fail
to deliver to 80 all said crops at
49,. place of business 49,. may
close this lien as provided in sec,
ton eighteen hundred of The Code,
or otherwise, and receive from the
proceeds the amount due for ad-
vances, together with all costs, and
expenses of closing the same, and
the surplus, in (if) any, pay to-.
Sec. Q. And to further secure
payment of the amount that may
be advanced, and also the sum of
49,. dollars, now due -. by note,
date. !. 49,, with interest from
$50, / convey to-. all the above
crops, and also the following arti-
cles of personal property: $500,
all of which is my own and free
from encumbrance, and if by -,
49,, l fail to pay the amount due
them, -. may sell the property
conveyed in this section, as pro-
vided by law for sale under chattel
mortgages, and from the proceeds
retain all amounts provided for in
section one.
Witness my hand and seal, this
80. day of...., 49,.
Witness: -. -. [Seal. I
49,, the owner of the land de-
scribed in the foregoing instru-
ment do -. hereby agree with the
said. -, in consideration Of the
advances to be made to -. by.
that the above given lien shall
have priority to the extent of the
advances made by -. -. DUR
ing the year 49,, " any lien
to which l may be entitled upon
the crop to be made by him on
said lands during said year.
Witness: .......(S eal.)
State of N. c.. county.
49,, 49,.
The due execution of the fore
going lien was this day proven
before me by the oath and examin-
alton Of subscribing witness
thereto
....... Seal
Justice Of the Peace.
State of N. c.. county.
The foregoing certificate Of.
a justice of thepeace of -. county,
is adjudged to be correct. Let the
lien with the certificate, be regis
tered, this. day Of. 49,.
Clerk of the Superior Court.