The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-01-11

four to COl ten inclusive In block 81
in Rellcview. subdivision, adjoining
the Town of Sulphur. per plat record.
ed I'm Pauls Valley, l. r. February
II. 1905. book 3. page Gao, which deed
OF trust and conveyance was execut.
ed for the purpose Of securing the
notes therein mentioned being the
identical notes heroinhetorc mention.
ed "a mentioned in and secured by
the chattcl mortgage aforesaid: and
by the terms of said deed Of trust it
is and was provided amung other
things, as follows. Now II it.
Cmeaning The Farmers Gin Com.
pany) shall pay said moneys at the
times and in the manner aforesaid,
and all taxes and insurance. then the
above conveyance shall be- null and
void, else to remain in fun force. and
I'm case Of nonpayment. then the said
grantee shall have power to sell said
property mcaninE the real estate
above described "at public sale to
the highest bidder for cash at the
United States Touft House door in
the town of Ardmorc. Southern Dis
trict No 21. 80" County of the
Chickasaw Nation, Indian Territory,
public notice Of the time and place or
sale having been first given Is days
by advertising in some newspaper in
said county, by at least tWu inser-
tlons and said Tho Farmers
Gin Company authorize the said gran
tee to convey said property to any.
one purchasing at said sale and to
convey an absolute title thereto, and
the recitals Of the deed of conveyance
shall be taken as prima facio true" .
" 80 and II at any time the trustee,
to whom this conveyance is made
." shall be incapacitated by
death - then the said
The Murray Company shall
have the right to appoint trustee
in his place by Endorsement OF such
appointment on this deed; which sub
stituted trustee shall have the same
powers in every respect as are con.
ceded to the grantee in this deed; and
the Endorsement aforesaid shall be
prima facie evidence of the fact that
a necessity has arisen for the ap-
pointment of such substituted t-us.
tee under the provisions of this
deed"
"The Farmers Gin Company here
by waive any and all rights Of ap-
praisement sale or redemption under
the laws of Arkansas"
AND WHEREAS, The Farmers
Gin Company has only paid two Of
| the notes aforesaid, being one in the
| principal sum of 5000 due Nov. /,
, 1905, and the other in the principal
sum Of $500 due December /, 1905,
but has wholly failed to pay the 9th.
er four of said notes, or any part
thereof or any interest thereon, and
the same now remain wholly due with
interest amounting at this date to
the sum Of (S3.GG5.92) Thirty Six
Hundred and Sixty Five and 9210l
Dollars; the said The Farmers Gin
Company, having heretofore executed
it's other note'in the principal sum OF
sS2772, dated January 29th.. 1906, with
interest at the rate OF S pet centum PEI
annum from said date until paid and
payable TO the order of The Murray
Company on the 1st day of January
1907, which last named note was mad,
and accepted as and By way or re
newal and extension of the Origina
note aforesaid, due January I, 1906
but with the distinct agreement anC
understanding that, the said origina
note, for which such extension note
was executed, was not thereby paid
but should be held by The Murra!
Company as collatral to said eXten
sion note. That The Murray Com
pany is still the legal and equitable
owner and holder Of all of said nm
paid notes aforesaid and entitled q
collect the same with interest thar3
on, amounting at this date TO the sun
Of Thirty Six Hundred and Sixty Fiy
' Dollars and Ninety-Two Cents, a
! aforesaid, and has appointed me
r. II. hewitt its agent and as such d
rected me to advertise and offer 70
= sale and sell the personal T'opert
I, above described, under the provi'
r ions therefor of the chattel mortgag
: aforesaid; and the said II. McEyay
2 Trustee. having departed this If
a the said The Murray Company, ha
appointed me, said Il, II. hewitt, a
+ substituted trustee IN said deed {
trust aforesaid, by endorsement on sal
D deed Of trust and has requested and al
thorized me to advertise and offer fC
sale and to sell the real estate r
i scribod in said deed Of trust und'