Ownership Of Land After Studebaker

INSTRUMENT:

WARRA NTY DEED

GRP.:N1'0R:

Wilma C. Caddel~ a Single Woman

GRANTEE:

Jack E. Murray and Robert L. Studebaker

DA TED:

February 17, 1964

FILED:

Fe b r ua r y 18 ~ 1964 at 1: 45 P. M .

RECORDED IN:

i', Book 241 at page~~2

CONS IDEM TION:

$10.00 and other good and valuable consider-

ation.

GP~NTING CLAUSE:

Grant, bargain~ sell and convey

COVENANTS;

To have and to hold~ warrant the title.

EXCEPTIONS:

Subject to a certain mortgage in favor of Fred Stone and Wayne M. padgett, in the amount of $7~500.00 dated Dec. 6~ 1962 and recorded in Book 235 a t Page 233, which the grantees specifically assume and agree to

pay. REVENUE: $4.95

Easements, special assessments not yet due and water flowage rights in favor of GRDA.

DESCRIPTION The NW~ OF the SW~ of Section 12, Twp 23 N. Range 22 E, less approx-

ima te ly 8.9 a eres, which ha s heretofore been conveyed to Gra nd River Dam Authority and less the North 50 feet of the NW~ of the NWt of the

SWt- of See. 12~ Twp 23 N., Rar:ge 22 E. of the Indian Base and llleridian, situated in Delaware County~ State of Oklahoma.

VJilma C. Caddel STATE OF OKLAHOMA

COUNTY OF TULSA s s . Before me~ the undersigned, a Notary Public, in and for said County and State~ on this 17th day of February, 1964; personally appeared Wilma C. Caddel, a Single Woman and to me known to be the identica i person who executed the within and foregoing instrument, and acknowledged to me that she executed the same as her free and voluntary act and deed for the uses and purposes therein set forth. Given under my ha nd and sea 1 of office the day and year above written. My commission expired Ja n. 14, 1966 (SEAL) Norma Ford

Notary Public

97

INSTRUIvIENT:

GHANTORS:

G HA NTEES :

JOINT TENANCY WARRANTY DEED Jack E. Murray and virginia June Murray,

husband and wife, Hobert L. studebaker and Martha Jean studebaker, husband and wife~ as joint tena nts a nd not as tena n~s in

common with full rights or /',~ survivorship DATED:

February 16, Ig66

FILED:

February 21, 1906 at 9:45 A.M.

REcOHDED IN:

Book 251~ page 17

CONSIDERATION:

$10.00 & other good & va luable considera tion

GRANTING CLAUSE: COVENANTS:

EXCEPTIONS: REVENUE :

Grant, bargain, sell and convey To have and to hold, warrant the title

None $6 . 05

DESCRIPTION The Ñw-è sw-è of 5e ct ion 12 ,Township 23 North , Range 22 East,

less a pproxima te ly 8.9 acres, which ha s heretofore been conveyed

to Grand River ~am Authority and less the North 50 feet of the IMt NW-è swt of Section 12, Township 23 North~ Range 22 East of the Indian Base and Meridian. Jack E. Murray

STA TE OF OKLAHOMA Virginia June Murray COUNTY OF TULSA. . . . . . SS Before me, the ~ndersignedi a Notary Public in and for said County and State, on this loth day of February, Ig66, personally appeared Jack E. Murray and Virgi~ia June Murray, to me known to be the identical persons who executed tte within and foregoing instrument, and acknowledged to me that they executed the same as their free and voluntary act and deed for the uses 8Ld purposes therein set forth. Given under my hand and seal of office the day and year above

v,iri tten. Di8 nne Boots,

Notary Public.

- __ \~~. i

My commission expires: -i _ l -i -6..( (C:FEI ~L')

oP, --~

INSTRUNENT:

MORTGA G E

GRANTORS:

Robert L. Studebaker and Martha Jean

GRANTEES:

Farmers State Bank in Afton, Oklahoma

DA TED:

Februa ry 9, 1966

FILED:

February 21, 1966 at 9: 50 A .~~

RECORDED IN:

Book 251, page 18

CONSIDERATION:

$ll~ 881. 20

GRANTING CIA USE:

Grant, bargain, sell and convey

EXCE PT IONS:

none

NOTES:

i note dated February 9~ 1966 in the amount of $ll~88l.20, payable $ 198.02 on March 25, 1966 and $198. 02 on the 25th day of ea ch month thereafter up to and including February

Studebaker, husband and wife,

j.

25, 197L

DESCRIPTION Nwt SWt: Section 12, Township 23 North, Range 22 East, less

a pproxima te ly 8.9 acres, which ha s heretofore been conveyed to Grand River Dam Authority and less the North 50 feet of the NWt- NW~ swt of Section 12~ Township 23 North, Range 22 East of the Indian Base and Meridian, situated in Delaware County~ sta te of Oklahoma.

Robert L. Studeba ker

STATE OF OKLHOMA Martha Jean Studebaker COUNTY OF TULSA.. . . ss Before me, the undersigned, a Notary Public in and for said County and State, this 9th day .of February~ 1966, personally appeared Robert L. Studebaker and Martha Jean Studebaker, husband and wife~ to me known to be the identical persons who executed the within and foregoing instrument and acknowledged to me that they executed the same as their free and voluntary act and deed for the uses and purposes therein set forth. Virginia N. Be lcher,

My commission expires:

Notary Public

Dec. 28, 1969 (SEAL)

99

Form No 7

RELEASE OF REAL ESTATE MORTGAGE ..

~

IN CONSIDERATION of the payment of the debt named therein, the mortgage for the !lum of ; l-_sa-l-..?q.____ date the-9tn_:___day of__r-~_l?_l:_r-Y.__ _._. ____19_-tQ_, made by___m________________________________n_______________ ____ __.__m

Ho tert L Studebaker and Bartha Jean his wife ..._m____________.-----------________n___________mm__m.___________ _.__n.Studebaker _. _ 'm______. __________ to

F a me rs S t9-t~_E§Ak___l_!!nt~Lt.2!c'__QklilJ::()P:~___._.m__m______.

~--------

/',

wmeh is rec.orded in BooL_251__.___.___at Page.___nmle.. ._. . of the Mortgage Recorda of :__P..~lG.W!3_Te______ -~m____________COunty,

State of Oklahoma, covering the following described real estate located in said County and Stte, towit: .__.______m________

The ;ìortn-:i'lest__.9yarte_r (ll.!~1_L o~__!.l~~ou_tÈ::!_e_:?!__ ~r-_~rm~~~4_!._SZ ::;e_~t_~_~r:.~~_?_-l_~~~'2~~_~2___

Îlienty-three ¡¡orth, Range 22 East, less approxi.rntely 2.9 acres, Hhich has !ieretofore

-------------------------~--~----- -----------_..__._------ -- ..._--- -----.----

been conveyed to Grand liver Dam Authority and less the ìJorth 50 feet of the

~.rorthwest Quarter UlHl;¡) of the Northvrest Quarter (r':Ul-i) of the Sout~""Test Quarter (S\'~4)

of Section 12, Tmmship 23 North, Hànge 22 EcJst of the Indian Base and I':eridian, situated in Delaware County, State of OklahoRa.

in fulL.

STATE OF.. _OklaJ:igi:r:!3____n_____ h ---I

8l.

County of_Ç-tt.§!:§.__________________

- ..-. ~ '" 16th 1" b.. 68 nalI ed

'., ~Bef~rs .'be. _';:ß.rl.nç___.QQ_:r_a-n.__u___n__-- 4-UQt.ar;..pulic _ witlun and ~..~~_~..7'¡-;--~-'.-.-. . ~l' said 'punty aDd State, on this________m________day of_"-~__rn_ELry-,--_:-----------19---,, perso y appear "'~.. .,~

: -. ~ '- ~l_~LQK,al;--Lla-int-~.:---- ,_______,_,________mm_________ , - ",--,-, -. ~'. __'.~ '_ .f~. :.1.. ~_::... ~ the foregoing iIltnment as its_____l-Tg_;;_i.çl~l1t_----__._______m_____________., and acknowledged to

,." r"- ~" /( .. - ~ to me known to be the identieiil peraon who llUbscribed the name of the maker thereof to

--~.-- .~i - .. me that he executed the same as his free and voluntary act and deed, and as the free and voluntary act and deed of such corporation for the ,lies and purposes therein set fort.

WITNESS my hand and offcial seal the day aiYe~r ab~ve s~ ~orth. .. .

--

-!Ll/ljl-l--~-ct:':~-~~~~---P;bìk--My commission expjres__J~:r:rll___gl___~___19__~.2

FILED: February 26, 1968 at 11:00 A.M., recorded in Book 260 at page 866. ~ '.J J _. 0J(-1

/jí -:).. ? /

/,~ .~: ~ì

i(J l/~¡? fl6ó ttc q ¿;/ IN TH COUl\ ~:L COURT, TULSA COUNTY, STATE _FOKLAHOMA

. . ".// ~ \ \

IN THE IVIATTER OF THE ESTATE qK :;/' ~:,) \,', ,"'~ 011. \~~\ c, \\

\ , \' ~

1 \\'\~. ~ . .~~;":~ / ---- r..";l"\nnm¡¡-~---cin-D1!-.mm--------'-~--"'--"D~~~::~-. _ ",. :-

.... " \~;'-_\_\',,'-"'!,

,,- ,

'-l/ -~)' / ' No.._~~__.c?.,¿!..2! I, S;'-T:::.",~,-':._:',:-.,'" ~ , __ ,..,. t. .__~~:::: (0" 'r~,,~,,7"_ : ;...' '

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. ~ ..;..,_ -:-.. i

. ,;' ~ . -s - '-

: :"~'

: CDl. ~~ ~1",

.~ -",#, :;

, lETTERS OF ADMINiSTRA ,ION: -,;': ..'

STATE OF OKLOMA, 1,, ' . ..... it2;~):'z:;~';/ ,;17;;

COUN OF TUSA J ,~-¿:;- 0;¿ç I-il¿r ,'.

Fiu.iF C. Ct:"DEL i /.

_mmm'__.________m:.__::____~____,__.__m~__'__":__,__._._______m_m__.m_m____mm.'______m.is hereby appolnted administrator of the estte of

___ ______ ____._ ___~~:~~!? __ .l:."! __~~t-~__.._ ____ _ _ __ .mm.mm__._ ..'m_ _ __' _ ,__ m _ _ _ h' __.... _ _ __ _ _.." __ _ __ _ m _ __, Deceased.

-'~ (/I '- M

WISm________.____m_.__'_mm___~_~!!__~:__~~~_~~____..____.__.____'____mmT__, Judge i:(fe County Court of Tulsa County,

State of Oklahoma, with the seal t9fAef01&~,cct---;::5'~.--:,:day oL.____~1~¿-l-.d.J:.¿Jr::.-'m--.A..D., 19mm___m. , DELAWARE

COUNTY I S .- . V~ . ;;;/ J." --

, h' I t eiit .' ' '. ~,..,,_~--_.---- r1.1 -'

(SEA) t7 was Fi!'1 ÍJr Rscnrd tr¡is day V. ~ ¡ '\ r.'- CouIttyßtidge. ."S STATE OF OKLOMA, 1 FEB 2 3196~ I .' g-£ ~ ; r ' I ~

)eJ f l' /; i hereby certify that Lis, ns (lmL.______m.v__!~_h.m:::--..'-m::------:k----.m----m--.-~m:¡--L.-----------

5S. "7/ () 0.-/ Ii ~ rd~ (:t ~,pr ~ FJ'

COUNT OF TUSA BOO~":F;Ðs, ~:~;~k . ¡¡ It ~ ~ ,"0 ,.(, c ~i I, __mm_____~~_l-ld~__~_~___~~l-s~~d77 '-/ ,.ý':" 0 ~mnly swear that I wil perform accordigrJto Deputy law, the duties of administrator of the estate of__m____ ,r-~r?__.l~m_S.~~~~_m__m________..__m__.m____m______________________

--4/da;,~, ~;-,J.':ro ;,.~-r;Lr....~m-m-_.,~e_ .(../

Deceased, so help me God.

~:~:bed and ,,om to before me, thuum~,;':d:~,:~~m~fLJ~:~~(;~::~:~~~::::~:::=. , ~_' County Jud~e.y FILED: February 23,1968 at 11:00 A. M., recorded in Book 260, pagë 831.

1 'n 1

q :".. -'a'- '"-_."

STATE OF OKLAHOl.'lA OKLAHmfiA TAX COFEilSSION

ESTATE TAX DIVISION

Estate of Edward J. Caddel Deceased, Probate No. 38634, Tulsa County, Residence at Death Tulsa, Okla.

Date of Death 1/14/1964 ~oozçAdministrator ix, Wilma C. Caddel Residence c/o 325 Beacon Bldg., Tulsa, Okla. ORDER EXN1PTING ESTATE FROM PATIvllNT OF ESTATE AND INHERITANCE TAXES THE OKLAHOl.1A TAX COfJû,HSSION, having examined the administratrix detai:;E

return filed with it onFebruary 19,1g64 and after verifying same by it~~ customary audit and having fully considered all the facts and law in the matter, and being well and sufficiently advised in the premises, FINDS, of said estate at the time of death of decedent was as follows the value SCHEDULE A

B C

D

E

CLASSIFICATION OF PROPERTY

Real Estate, Oil & Gas Leasßs, etc. Stocks and Bonds Personal Property Life Insurance

Transfers During Lifetime

Total Gross Estate in Oklahoma Plus Total Estate Outside Oklahoma TOTAL GROSS ESTATE TOTAL DEDUCTIOlJS ALLOWED TOTAL NET VALUE OF ESTATE TAX LIABILITY

AMOUNT '21, 60g .42

100 . 00 : 7, 572 . 62

None None

29,282.04 None ~ 29 -' 3E

:i 26, 6c $ 5, 6E NONE

REAL ESTATE DESCRIBED (Land in Tulsa County, not herein abstracted.)

mvl swt: Sec. 12, Twp. 23 N., Rge. 22 E., less North 50 feet of West side of Cove, consisting of 40 acres, more or less, De laware County, Oklahoma.

IT is THEREFORE CONSIDERED, ORDERED, that said estate and the executor,. administrator, and beneficiaries, are exempt from payment of any estate, inheritance or transfer t~x on this estate by reason of the fact that tl net value of the estate as reported to the Oklahoma Tax Commis.sion is e) ceeded by the exemptions allowed by statute, and the r~~lestate herewit described is released froll any ESTATE, INHERITANCE, or TRANSFER TAX LIEl

APPROVED this 10 day ofA~ri 1. . , 1964. ATTEST~ l.1.. C. Connors, Secretary (SEAL) OKLAHOl-1 TAX CGll!íSSION

E. B. Cook, Director Estat~A~Inheritance By: J. D. Dunn, Ch~irDan

and Transfer Division J \Jd.

FILED: Februarv ló. 19ó8 a t 11 :45 A .M. ~ recorded in Book 260 at page 76'

IN THE COmiYi COURT \HTHIN AND FOR TULSA COUNTY, STATE OF OKLAHOMA In the Matter of the Estate of EDWARD J. CADDEL, Deceased.

Proba te No. 38634

ORDR ALLOWING FINAL ACCOUl~ OF ADMINISTRATRIX3 DETEHI/LIHING HEI?S, AlJD FINAL DECREE OF DISTRIBUTION AND DISCHP.RGE

/,~

This matter coming on for hearing this the 3lst day of December3 1964 ~ pursuant to an order of this court, issued on the iOth day of December~ 19643 and it appearing to the court that due notice O¡'" the settlement of the final account of it/ilma C. Cadde13 aàministratrix of the estat e of Edward J. Cadde13 deceased, has been given as required in said order and according to law 3 the court proceeòed to examine the final account of the said administratrix, and the vouch~rs proãuced. by her, and3. further examined the said administratrix, under oath, and it appe aring to the court that the said administratrix has we 11 and truly accounted for e very part of said estate, and that no profit has been made by her through any increase in said estate, and there being no objections., and the Court being fully

advised: IT IS ORDERED, ADJUDGED, AND DECPEED by the court that the accounts of the said 'Hilma C. Caddel, be, and the same are hereby, finally -settled,

allowed, and adjusted by the Court, according to the te rms and tenor of the

final account of the said administratrix, filed herein, and distribution of said estate is hereby ordered. It appearing to the court on satisfactory proof and the evidence that the necessary expenses of funeral, of last illness of said deceased3 and of the administration of said estate, with the exception of attorney fees, have been fully paid, and that all the debts existing against said deceased3 or allowed by the Court, pursuant to law, have been fully paid and satisfied, and it further appearing from the verified account of saià administratrix that all state, countY3 school and municipal taxes, legally levied upon personal property of said estate, if any, have been fully paid, and it further appearing that the said administratrix has paid to the State of Oklahoma all inheritance and transfer taxes due the said State of Oklahoria as appears from receipt of Oklahoma Tax Commission on file herein, and that said estate has been fully administered as shown by the final account of the said Wilma C. Caddel3 administratrix of said estate, duly audited and allovied by this court, pursuant to due notice gi ven a.nà served, reference being had thereto, and that said estate is ready for distribution. It further appea.ring to the court that due notice of the application for final decree herein determining the heirs devisees, and legatees of

J03

Order. . .page 2

said Ed\'iard J. Caddel, deceased, and assigning the residue of said estate to the persons entitled thereto by law, has likewise been duly given anà served pursuant to law, in such case made and now provided, and it further appearing to the court, that the said deceased died intestate, and that the residue of the estate consists only of the following described real and per-

sonal property, ì,,'hich this Court has heretofore ordered transferred and conveyed to Wilma C. caddel, as the surviving joint tenant of Edward J. Cadde 1,

deceased, it being determined that such property 'Vias held in .joint tenancy with right of survivorship by Edward J. Caddel and Wilma C. Caddel at the time of the decedent i s death:

(Land in Tulsa County, not herein abstracted.)

NWt SÌ'!t: Sec. 12, TOì','nship 23 North, Range 22 East, less the North 501 of the West side of cove consisting of 40 acres, more or Ie ss, locate d in Delaware County, Oklahoma. (Personal property here described, not herein abstracted.)

It is therefore ordered by this Court that the above described real and personal property is the separate prope rty of Wilma C. Caddel, as the surviving joint tenant of Edward J. Caddel, deceased.

And it further appearing to the court that the said administratrix had on had in cash, the sum of $408.78, and since the filing of her said final account, has paid out in court costs, balance of attorney fees, as allowed by this Court, the total sum of $265.85, and that there is a balance of eash on hand, ready for distribution, as hereinafter set out, the sum of $142.93. And it further appearing to the court that under and by virtue of the final account and pursuant to law, the following persons are the only persons entitled to distributive shares in said estate, and in the following

proportions, to-Ì'ii t:

Wilma C. Caddel, widow 1/3rd Charles L. Caddel, son (also known as Charle s L. Coole) 2/9ths Jerry Cadde Caddel, Son (Also known as Jerry Cadde Jones) 2/9ths Janice Louise Caddel Foster,

Daughter2/9ths

.

And it further appearing that the aforesaid parties are the sole and only heirs of the said Edward J. Caõdel, deceased.

Jol

Order.. .page 3

IT is THEREFORE ORDERED, ADJUGED, AND DECREED by the Court, that the said Wilma C. Caddel, Charles L. Caddel, also known as Charles L. Coole, Jerry Cadde Caddel, also known as Jerry Cadde Jones, and Jantce Louise Caddel Foster, are the sole and only heirs of said deceased enti tled to share in said estate, and that all of the monies on hand, ready for distribution, be and the same are hereby ordered transferred, conveyed and ¡, assigned to the said heirs, hereinbefore named in their proportionate shares ~

IT is FURTHER OHD:2EED, ADJUDGED, AND DECREED that the attorneys for the administratrix, Dyer, ?oviers, Gotcher and Harsh, be and they hereby are allowed the additional sum of $250.00 as balance of attorney fees due.

NOW, it further appearing to the Court that the said Wilma C. Caddel, she has administratrix, has produced satisfactory evidence shovJing that

performed all the acts lawfully required of her under the decree of distribution herein, and that the court costs have been paid including costs of administration, and attorney1s fees, and that no further acts remain to be

performe d by her:. said Wilma C. Caddel, administratrix

NOW, on motion of counsel for the

it is ordered, adjudged, and decreed by the court, that the said Wilma C. Caddel, Administratrix of the Estate of Ed¡'¡ard J. Caddel, deceased, as afOrE said, has fully and faithfully discharged the duties of her trust; that she is hereby fully and absolutely discharged from any further duties and responsibilities as such administratrix, and that the letters of administratioJ are hereby vacated: That the said estate is declared fully distributed and the trust settled and closed, and the said Wilma C. Caddel, as such administratrix, and the sureties on her bond, are hereby released from any liability thereon to be hereafter incurred. Done in open court this the 31st day of December, 1964. Whi t Y. f.auzy,

County Judge

attached.)

(Clerk's Certificate of true copy

FILED: February 16,1968 at 11:46 A,M.) recorded in Book 260 at pages770-773

j05

NORTHEAST OKLAHOMA ELECTRIC COOPERATIVE

ELECTRIC LINE RIGHT-OF-WAY EASEMENT KNOW ALL ~æN BY THESE PRESEl~S, that we the undersigned, (whether one or more) Robert L. Studebaker (unmarried) (husband and wife) for a good and

do

valuable consideration, the receipt whereof is hereby acknowledged,

hereby grant unto Northeast Oklahoma Electric Cooperative, Inc., a cooperative corporation (hereinafter called the IICoopera ti ve 11), whose

post office address is P. O. Box 243 - Vinita~ Oklahoma, and to its successors or assigns ~ the right to enter upon the lands of the uncers i;ned: si tuated in the County of Delaware ~ State of Oklahoma ~ and more particularl:

described as followi:

NWt swi less G. R. D. A. Allison Acres, located 6 miles in a East direction from the Town of Disney, and further described as being in Section 12, Township 23 N. ~ Range 22 E. and to construct, reeonstruct, operate and maintain on the above -described lands and/or in or upon all streets ~ roads or highways abutting said lands, an electric transmission or distribution line or system, to cut and trim trees and shrubbery that may interfere with or threaten to encange: the operation and main~enance of said line or system, and to license, permit or otherwise 2gree to the joint use or oc cupancy of the line or system by any other person, association or corporation, for electrification or telephone purposes.

The undersigned agree that all poles, wires and other facilities,

inc luding any main service e~trance equipment, installed on the abovedescribed lands at the Cooperative's expense shall remain the property of the Cooperative, remcvable at the option of the Cooperative, upon termination of service to or on said lands.

The undersigned covenant that they are the owners of the above described lands and that the said lands are free and clear of encumbrances and liens of whatsoever character except those held by the following

persons: IN WITNESS WHEREOF ,the' undersigned have set their hands and seals this Sept. 14th' day of, 1967.

Robert L. Stuàebaker

J06

Easement... .page 2

STATE OF OKLAHOMA, COUNTY OF DELAWARE.... SS

Before this 14 day to me known t~strument,

me~ a Notary Public 1'lthin and for said County and State, on of Sept., 1967 ~ personally appeared Robert L. Studebaker and to be the identical Derson who executed the within and fore=oin~ and acknowledged to ~e that he executed the same as his fre~ -

ana voluntary act and deed for the uses and purposes there in set forth. Witness my hand and notarial seal the day and year last above set

fort~l. Maxeen Luttrell

My commission expires: October 20~ 1970. (SEAL)

Notary Public

FILED: November 7,1967 at 1:20 P. M.~ recorded in Book 259 at Page 548.

107

ALLYSON ACRES EAST

A s~bdivision of a part of the NW~ SW~ of Section 12, Township 23 North, Range

22 East.

DESCRIPTION A tract ot~ land in the NW~ of the SW~ of Section 12, Township 23 North, Rang~ 22 East, Delaware County, Oklahoma according to the United States Governw.ent Survey, described as follows, to wit: Beginning at a point onthe north line of the NW~ of the SW~ of Section 12, Township 23 North, Range 22 East,' 945.2' east o~ the NW corner of the NW~ of the SW~ of said Section 12; thence S. 88° 57' E. a distance of 366.5'; thence S. 0° I' E. a distance of 1322.68'; thence S. 38° 551 W. a distance of 1092.4'; thence N. 49° Ii' E. a distance of 149.0'; thence N.' 45° 00' E. a distance of 393.9'; thence 37° 35'

E. a distance of 284.7'; thenceN. 11° 45' E. a distance of 532.7';

thence N. 19° 20' E. a distance of 186.8' to the point of beginning, said tract containing 18.9 acres more or less. CERTIFICATE OF SURVEY

We, Morgan, Englund, Lindsey and Associates of Tulsa County, State of Oklahoma, hereby certify that we have at the instance of the above owner, made the above described survey, and that the above plat is a correct presentation thereof as surveyed. Signed this 18 day of August, 1967.

Morgan, Englund, Lindsey and Associates

By: Edward D. Lindsey, Jr. Reg. Prof, Engr.

STATE OF OKLAHOMA COUNTY OF TULSA..... SS

Before me, a notary public in and for said county and state, on this 18 day of August, 1967, personally appeared Edward D. Lindsey Jr. to me known to be the identical person who executed the within and foregoing instrument and acknowledged to me that he executed the same as his free and voluntary act and deed for the uses and purposes therein

set forth.

Witness my hand and seal the day and year last above written. My commission expires: March 3, 1971 (SEAL)

Evelyn L. Broyles,

Notary Public.

i08

DEED OF DEDICATION FOR ALYSON ACRES EAT KNOW ALL 1.1EN BY THESE PRESENS: Tha t ROBEET L. STUEBkl\ER MID JEPl' STUDEBAK~~ husb~~d and wife, are the owners in fee simple to the above described tract of land; ~D that we have caused the same to be surveyed subdivided, staked and platted into a subdivision with lots, blocks, and roads, which subdivision we hereby designate, and adopt under the name c ALYSON ACRES EAST, a subdivision of a part of the i~ii swi of Section le T-23-N, R-2i-E, Delaviare County, Oklahoma, as outlined on the plat attac ~ hereto above,~. Hhich plat we do hereby certify as being the true and official plat of record of said ALLYSON ACRES EAST, and we do hereby dedicate road rights of way along all roads, as shown on said plat, to t public, for public use forever, for the purpose of providing permanent ingress and egress to all the lots and blocks shovm on said plat, and WE do guarantee clear title to all land so dedicated. And we further retaj and reserve the right of ingress and egress to such easement areas, wi tr the further right to drill, or cause to be drilled, water supply wells and install, or cause to be installed, any appurtenances therefor, upon

other areas. J //~t; ,/' .. ,/ y Restrictive Covenants attached d 'f" " any such easement for the purpose of servin PLLYSON AqRES~,S. or any

hereto and made a part thereof. .~k STATE OF OIGOWi ~ COUN OF DELA.I'P.R ~ . . . SS BEFORE ME, a Notary Public in and for said County and State, on th: 21st day of August, 1967, personally appeared Robert L. Studebaker and, Studebaker, husband and wife, to IDe L~o'~ to be the identical persons wJ executed the within and foregoing instrument and ack~owledged to me tha' they executed the s&~e as their free and voluntar act and deed for the uses &~d purposes therein set forth. ",.,,

Q ....., \. ~ ....:W ,!TNEBS my hand and seal the day and year last above written.

..

.. .~~~~-~'c,-\./\ J '. ~:~':::~:-

. '~:', . .,..~ " / l 9

-~~;ni._?~~'rf.~îsf~n expires:

~ ~ ~ â --,~ .i lilY PUBLIC

..yJ.~. - ',\ \), . /.,

,. ;'"::?/'. " :',:, .. ,~:,:

"oST;J:.u'. QF Q:KLAHOll.i,

C.'..'i?Th&):,"i,OF"''ÌlEL.D.TdP.R... .SS -'-~\l:'~"-- II )"'Jii, .j..,' :.:'\ "~.:r~.:.'.,'::".'4,:~'":)/;,,

I, John Thomas Earp, County Treasurer in and for sa,~6'..'êounty a.~~)

hereby certify that all taxes for the year \~ i,1 ' an?:' for all pre',(l years charged against the above

described property have.j=een paid. : ._":, ~ .

, c, --

Dated this 21st day .f~gUgust, 1967. '\."/ --

'.- -. ~. ..

DRA COpy "RETRICTIVE COVEANS FOR ALLYSON ACRES EAST tl

NOW THEREFORE, for the purpose of providing an orderly development or ALLYSON ACRES EAST and for the further purpose of protection of ourselves and our successors in title to any property therein, and for the further purpose of preserving the character of development and construction the rein anè for the protection and safety of the gene ral public, and to insure a pleasant neiihborhood appearance, we do hereby declare, J' establish, and impose certaï~.restricti ve covenants upon ALLYSON ACRES EAST i, ì~hich are outlined herei'n below, ..Jhich res,tricti ve covenants, shaii

be adhered to by our successors in title to properties in ALLYSON ACnES

EAT, and shall be adhered to by any person, or persons, who shall reside

or make use of, any property therein, and any person, persons, firm, or corporation, accepting title or 'conveyances to, reSiding in, or haVing any interest, of any kind or type whatsoever in, ALLYSON ACRES ~~\ST J shall strictly adhere to such restrictive covenants, and by accepting such title or conveyance~ either directly or remotely, or by residing in, or having any interest in, either directly or remotely, to any property in ALLYSON ACRES EAST, shall be deemed to have assented and agreed to, and be bound by, such restrictive covenants and shall be entitled to all the benefits 'thereof J and shall assume all the responsibilities the reof 0

l~ For the purpose of maintaining values for themselvesánd their successorn in t~ tle, and for the purpose of publiC health and safety, and to enhance the property, and to insure a pleasant neighborhood appearance and character and for the purpose of controlling' the development of ~LLYSON ACRES EAST" the undersigned owners, to-wit ROBERT.L. STUDEBAIæR and JEAN STUDEBAKER, or their designees J shall retain architectural control of all construction, or any installation the rein. The refore, no residence, building,

wall, fence, drainage structure, driveway, parking area, etc. J shall be

initiated, constructed, installed, maintainedi altered, placed, or permitted, on any property therein without first submitting the plans, plot-

plan, and/or the specifications, details, or other satisfactory inforra'tion to the undersigned, or their designees, for their examination andwrit"cen -approval, and such construction and installation, etc., shall not be i~itiated until such written approval has been executed and granted. In passing upon such plans, etc. J the undersigned owners, or their designees, may take into conside ra tion the sui tabili ty of cons truction and installation, and materials used, to the general area, to the gene ral prope rty

values, to the spe cific building site, to the outlook and view to and from the adjacent sites and the general area, and to the harmony of such const~~ctlon and installation with the adjacent properties and the general area, and to the susceptibility of such construction to fire and/or other ,hazards, i~ciuding but not limited to, public health, and traffic ha~a~)

and may take intoconsiàeration the blocking of vie;'l and the flow of air

from and to other properties in the area. The undersigned owners may) when in their opinion, title to -enough of the properties has been tra~Sferred to others, or when, in1tj~r o~in1on, enough construction has been

,,.

Restrictive covenants.. ,page 2

completeâ, appoint, or cause to be elected, a committee or at least thr~e of the- then owne rs in ALLYSON ACRES EAST to se rve in the capacity of the undersigned owners insofar as this restrictive covenant concerni~g architectural control is concerned. Should such plans, specifications, e:c.) for construction and installation be submitted. to the undersigneà o'..mers, their designees, of such committee,. and no written action is taken within 30 days there from, then such const~ction and installation sh~ll be

deemed. to have been approved. . 2. No single residential dwelling containing less than 720 square feet of floor space~ exclusive of garages, carports, porches, or patios, shall be placed, or permitted to remain, on any property in Blocks 1 throUGh 3, and all building shall be placed on permanent anà solià type found~tion3, footings, or piers of concrete or masonry. 3. No vehicle, or machinery, that is in salvage condition, or is in the process of being torn down or repaired, or 1s in a state of junk, nor any other type salvage of junk material, is to be placed, or kept, or permitted to remain, on any tract in such manner that it may be seen from any of the neighboring properties or from any road in or adjacent to the sub-division. Owne rs of any tract, or tracts, in ALLYSON 1\CRES . EAST shall not pe rmi t any pile of dead foliage or brush or ê.ny òeê.d trees or shrubbery to remain on their property but shall dispose of same in a reasonable time, and in such a manner that is not offensive, nor ih

such a manne r to cause a fire hazard to any prope rty.1 and al i o'¡mers, renters, lessors, oçcupants, and parties with interest in, properties in ALLYSON ACRES EAST shall, out of respect to their neighbors, and in ord~r to maintain and enhance property values, sha~l keep their property in ,at regular reasonable inreasonable repair, and shall mow the property

te rvals, and should grass be allowed to grow to ahe Ight greater th~n 18" the undersigned O\'iers may enter upon such property and mm'J same and such owner or lessor shall be liable for the cost of such mowinG. and the cost of such mowing shall become a lien upon the property.

4. No house traile r, tent, shack, garage, barn, outbuilding~ or any temporary or movable structure l shall at any time be used for resiòential purposes on any tract: and no structure of any description shall be moved from any other location into this sub-division.

5. Each dwelling unit constructed on any tract shall have moòern sanitary facilities7 and septic systems shall be constructed and installeò in ~ccor-

dance ',.; th the regulations and stand2.rds of the Oklahoma Sta tc Depart;-:,.:;:;:; of Health. No outdoor privies shall at any time be pcr~lttcd on any lo~: nor shall any noxious J offensive, unsightly, ma!odorous ~ or unhc~-~~y

activity or condition be carried on, or be permitted to rc~ai~, ~pc:; a:;y

lot, nor shall any horse, cow~ swine, sheep, or goat be kept or pcr~~t~cè t-r- 'Tm-:-\., r-,. ,;r\r .. Y''' ('t: 1 i "I

Restrictive Covenants... page 3

6. No building, nor any part thereof, shall ~e place nearer to any road line than the builàing set -back lines of 15 ~et, and no structure, other than fencing, shall be placed on any easement area outlined on the above plat nor nearer than 51 to any property ownership line, except that this restrictive covenant shall not be õeemed to prohibit installation of utility lines, "later ,.¡ells, and their appurtenances on such easements.

7. The exterior of any dwelling, including installation of windows and doors, shall be completed anã finished, not later than 12 months after initiation of the foundation, or initiation of any construction, therefor

. or thereon. Should the exterior nt be completed and finished within

saiã 12 months, then the undersibned shall have the right to en~er upon the property and to complete and finish the exterior of any building initiated, whereupon the grantee of the property shall imreãiately pay to t~e undersigned the full costs of such completion and finishing, or shall automatically grant lien rights for such.

8. No garbage or trash cans, trash burners, butane or propane storage tanks, shall be place on any tract in such a manner so as to be seen from the adjoining lots or by the general public. They may C2 of the sunken

type or may be above grounã if hidden b¡t ciecorative screening, and no

clothes lines poles other than one collapsible umbrella t~~e, shall be installed, or permitted to remain on any tract.

9. For the Public Safety and to provide for ease of traffic passage, parking in and along the road traffic-ways in excess of I-hour 1S prohibi ted, and vehicular traffic in ALLYSON ACRES EAST shall not exceed 25 miles per hour.

Filed: August 21,1967 at 3:00 P.M. in Book 125, page 607-608.

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ST;.:rE OF OKLAHü:.'."" ì 55. Dt:LrWJAKt. COUNTY \ I lierèPY willy that this \"::ru~.eoi \'i;i~ f-il-o(! f;)r R :.:\~r,l Ill-, .1.,

KNOW ,ILL MEN BY THESE PREkNc1s:

THAT_...."'():t.eEt....L.!_..s.~~..-i!l.~~.:__.!l.n..~.__i¿.a.i:t:~!l._'!~..i:...~:~~.b.~..r:.. _ _/,1'__ _(~.., . n_ ¡¡ \1.1 ~'f"\Rc-:r¡.~0 ~\Qfjh '~.' .;1'(,';. ..~

.__...............__..___.___.husbar..!Ud.__wif.__ BOOK.,, (- / Pà",~, _........ .. ..... ¡iA~coun::1 c..,;~.//..l;_,

ies ..H i:7/;~__¿~'.-f., ,(ce.L- 7"

of.__..l\..i-.A....__..........__

um..County, Oklahoma, parL:. .0. . of the first put ha... ve._.moTt.Ç:ist:,1 ~ D('pUI'/

.:nd hereby mortg;igc5 to"

....--ll.th ..1.::..__P".trJ~¡;,,__

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p:irt__,t___ of ¡he ~ccond p:in, the following described rc:il cr.t:il~~ and premises situated in..

'iiashinr;tcn

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St.ite of OkliJioma, to-wit: ____._.____i.-9.t__g..C_JD:.9.~~__-l_L,.i\~.l_J~~_?_~_ J~!?r~.~_._!:_~_~.~.~_..~. s ubd i vis ion 6 c.~.?r..~.~:i§_~.o the _____....__..-l _s_~ .9.n.t~_Çln2J _~_ t._.tli_~.r ~_C?_r.L..t ~ .i_~__ ~___P.~E~ _.9£.. _ ~.~~ ..E~i!..,,~/? __,?r ._.~_~!...~!~__~r..

._....s_c cti on_.1Z.... ._TQwn~hip 2 ~.)~ qrth_i...f:.a.:qgi:.. .~.z._ E';.s.t, ~e ~~ Y'~.r:~.._0_~~~trJ_.G.~:-.~? h_'?i:~ _..

...J~nd-__..Lo_t:j..m4..L.q-, .ß..ß.tlcL.'!.I _ ID.9.çK__ 2_..-,_ .-ri~y_~.~l?_..~c.r.f:.s._~_~~.~_t_~ Q subdiyis ion ...____.....a.cQ.Qr.cli ng..,t.Qu -tti~. ..r_~. ~.ar_q.. Ð d. . .BJ~ t.. t,n,~ r-~ ~r-t. __~,~.i_~~g . .~__.P~ .r~n. ~r nl.~:~_ .~_r_h~_i'~~~, _ __ ...____h '_.h.ol'__S.~_c-t.iQP. .1.?_"n_T-g.'Ø~.ti lP._. .?,~ _.ll9_r,"tn_, n ,R-~ pe; ~ _.?_~__~~.~. t.! ._.:i!: l_~~r:'~!~._.~.9~:i.~:.~.~:~ a_~~=T~~ ~. .___.

.,...._... ¡~:;:'Ž:d?~?~"'7?d~':"':~-"'~'. .c =~~=-~~~~_~:~~~~~~~~~~~~~:~~~:__._h__________._'_'.. .____n .----...---......-. ,. _nn_ .n_ no. __.:~::_~::n~.n --kf-c;J.-c5--.:;." ~,~'n~::;\

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wiih :ill imprQi'ements thereon and .ippunei\;1l1ccs thereto belonging, and w:irant9:lic tì.:i~~'~~¡;'5~;1~." ... _....--......-

THIS MORTGAGE is given to secure the principal ~um of n..Ei.ellfl.n.lhQ,usan_J~_.i~.O!iQo...~ - - - - - - - -

__DOLL:,,:;.

with interest thereon at the rate of...e.ight... . __.per cent per milum, p:iy.ililc .. n _....'. .._..-ionthly_ from

date

_ m....... nm___nrlr.conling 10 ihe terms Dr.... one

:i~:y.%:::

_......certaln pnl71;'.'nr..

nore ..., described n$ follows, to-wit: rOT E:ii".o.QQ:i,Q.o__q.~.taa_).~~r_2n_.J.9_tn.,.__.~.~§_~.!~'y~È.l~_~'~h__r-~.~_;.:2.~.i_._._

-pr.inc.ipal..and--t.eÐ.lt... pay,s. blB _. i n. ..in~_t_fl.llm.e_n.t.S ..8. s.. .f9J.1.9.1'.S.LJ/-l;?S-.~ .QQm2rL.~\1,~~__~.Qt.n_J..J ~ E.c.

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_.and.C125.0Q_9JLtI1G...iOtl:Aoy. of .o..ç-i:i__".nd_~:ve-i:r.inonth__tl1.G.i:!'~.f!..~....':t21 ¡.:.rc~ 20t~..~7.~.~ . . at.. whic h. .t.i.e...thß noba.lfl r.c,e.. or. ....Pr:lna,l. P~J.,..~-l1_q.. .-l.n-t-~.r~_~_t_, .~.ti_~).l"._~_i:.__i~~__~_i:_~mP'~X~t~__._~__ .f.,a.ch.. 'payir:~_lJ:t-. .s_hnJJ_. t_~. ._Ç.r~. çl,l.t~.4._.'( ~r.s_ t 'm 9.~__t-h~ .._~,l?_~~.r_~ 5 t ..t ~~_~__:i_~:'!.__~~~__~.r:~nor:_~ :r~.~:..~.e:.u cr.

._ .t-h_~n.PE.l.Q~.tp't-J_~~~.~..

PRO~1¡DED ALWI\YS, Th:¡ ¡his instument is made, executed nnd deli..cred upon the fol!owing conditions. io-wit: thJt i.ii.. ~i~;" par:y I~creiir coi¡cn~n!s :ind :igrces to !~ny nil i,ixi~s ,ind assessments of ¡;.iid J.nd when ¡he snme ¡;h:ill become due and to keen :;jJ ii:1~'r(J';l'-

ments In good r~pn~r and not. to com~nlt or ,,¡low wnste (0 be coinminccl on the premises, :ind to insure, and keep insured i~ fi\'or ~i ::\(' sccoiid pHt)", liuildmgs on snid prenwcs. . .It is furthcr cxpri:sslr ng-rce(~1 by :ind beTween the p:irties hereto di;it if ;iny dcf~iiit be made in the r~rment of the prinC"i!,,~ r:.::: rJ,' !11l moritng~, or. any inleresl i~stai-imeiii, or the t.i~s, insiir.iiicc premiumsi or iii cnse of thc orc.ich of nor cm-en;int )icreiri m:i:.1i:.,....

toie y;~oir. of said ~rincip.~J siim, wil.h interest, sh.ill be duc :;nd pny:blc, nnd tliìs Ilorig::ige m;iy be foreclosed and s:iid &ccond ¡;:ir:\. ,f1~:: he entitled 10 ¡he immedi;ite p(JScs.lOn of the premises :lld nll rents and Frofits thercof. '

S;ii:l p.iriy of ihe (im p:irt hereby ngrecs tii:1t in the event action is brought In (oreclose this mortgage .t he ywill p.,y :i rCJw¡i.¡;;:c attor:ie',.'. fee 1)( .__...mm....__...m.. which 'ihis morigJge :iJso secures.

.DOLL.\ :~,

'r.irty of of thes;iid ,first part, (or G.iicl ..____ _ hcrcli" i':Ipre;sh' 0r not '~,jive a: oprion o( mOTtl' ¡: ~ ;ippr:i,scment real estate :ind :illconsidc~,ilion, b~iicCits of ihedO.-mmn. hl)mc!ìtc;id, cxcniriion :ind sln1' i1\~~w:ih'c in ~OUihom:i.

D"cd ih;,.. ....19.tL. __.....d,y oL..__ m .m.Uarh ..--.~1Jl81 1.--""/ / /

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ST/\TE OF OKLAHO:-IA, ¡ ... CI)un:) f. 0). i tB&r.ina:tGn , !I (OKLAHOMA ,\CKNOWLEIJCME;\T) ,\ -P,dl)rc 'l1~~'1:¡I'l~J:rll.i It'd, ~ !.Ili:ir, Publir, in ~nd (or uid Criuntl' ann Slate, on rl1l.. l9th .....dar 01.._.. .....~~!:sJ!.._......... _.._.... 19..ß~. /p,i:~'~~liy ~ j"p~;~r~d..~.. ..~~~ ....T~9.~~!?:it.. L..I....St.~de baker

;~.d ._~.;..._.:...~; ......._..... ......)'::9.rt~.. ..~~.~_g..-at~.9.~.t~k.~r,I.....n.~_~.t.~.r-.~....~.n~....~.tr~. ..eie~;Jid ct,e

\:m~d;~.:~:':d."t;i:.;;::~:~::~ ',:;"::Li:~ ":".::dd~:: :::h~,"::"f':::O~::,:':::'::::::I': ~::' f::~I:.oW"d"d '" m, ,h"........tti~L

'" J r. Wf'n-nsS';"""""M. J hm i",,",,".,, m, olf",,1 ..'oo'"" "d "f"'~~''Û''d'Y'' roo' ,h", w,i"

:..r'''o"''''".,,,,,,,.J/'1/(rf.... '~/'J' . FILE D :

.11.l

Xui~rr P,..r.J;c

March 20, 1968 at 1:20 P. M., recorded in Book 261, page 232

(T., ,m.. 0.1,)

.:

)o'OU' l4Durkh..1' Prii:itln, .. StitloDel7 cÐ.i Tut.i, Okla. 2

ßaó); 268 fAct . 6.

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56~~Wi;R~~~~~T~A i 55,

~ltLEASE OF MORTGAGE (JJoDIVIDUA1 Fii....)

KNOW AL MEN DY THESE PRESENTS:

~

I hereby ,e,lily that this ¡"trument wa$ F¡¡~d f9r Racnrd fh!S nay

MAR 2 0 1969 /.'/~f/J.

WHEREAS, on the_l.h.....day of.__.IlH..-. ----.--, 19....6.8_. a certain mortgage was executed by._.._~.~~.;j;---,_.~.t':~.!!'.k...!-~!!~--------- By

I-~

to ..~--tr~..

~dhU'l~iij¡~.l!Q~k~.r.~.-.h!l...g-f!.mL.~:mLioHL-_.---.Mortgagor-.." DOLLARS

for the Bum of~J_l-~E_1.h_2,9.!l.~.n-~_-~~_~.91.19.SL~_.: .. - .. - .. .. - .. .. - .. .. ..

upon the following described real estate, vlz: LOTS ~, 6, 6 and 7, Blook 2, Aily.on Aore. Eaet, a dubdivi.ion aocording to the reoorded plat thereof, being a part of NVt of swt, of Seotion 12, Towship 23 North, Range 22 Eut, Delswars County. Oklahoma,

"J

of the records of

which said mortgage ia recorded in Book._.~.~-l_.-_....-~'of Mortgages, onpage..?32 Do laware

.County, State of Oklahoma.

WHREAS, the note.__. Becured by eaid mortgage ha.._l.__..... been paid in fuli. in · a far eB it oovere the above d08oribed.llrop'iii-, Ruth M Pat id NOW, 'l'H¡'RE~'OR.&, -----.-.---..........--..--.-.-.---..-..-.-----....-....-.-.----.~-.-r-..-~':---

the above named mortgagee.,._ do:.U. hereby remise, release and forever quit-claim all._lG--eJ'ight,

title, and IntereBt, in and to the above mentioned property whlch.._e.he.._.___~_. may have acquired by virtue of eaid above named mortgage to.___._.._._....._._._____......_____.___._..

_-----..--.-.I'!'rt-~.~.~-.?r--"l:!'-.E.~r..~~...Pr-~---..--

,.~¿:~' ~.

the .aaid mortgagor_B, __..hø.ir..._____heirs or assigns, forever.

WITNESS_¡iy---...hand this......Q.t)L

STATE OF OKLAHOMA, L

(fndiviJUlI Aclu;ow/ø¿gmenl)

CoUDt) of ~~.~~.&.n__r Defore mei the undenigned,:i Not¡¡ry Public, in. and for laid County and St:ite, on thh'§:t(Lday of.JiiQ.h.--i 19_&9-.

penon.lly .ppemd _ Rutl\tr.lt~i;Q---- -------..-and ._______________-----_;--_------'0 ~,~?,?X\,\9,,~e ,he ideniical penon___ who execuled ihe within .nd lo"going instumeni .nd acknowledged 10 me th.,-.a.h!!_ t~f'..~t~~.;ttt_~~~~.~~r?;;;.-~...h!!r_-fIC. and volunur) act ond dcod for th~ u....Jnd.?)/~. furth. :'; G~v~~ ua~cr)nr.rt and ...1 of olfic, ~h. day and yea I,,' 'bo':d /.. :I ~.-

. ~..~~~.¡,.¡~~'-,;~¡L¿7Íjl1_r"--. _ _._ ~~-~-- e-- -N;;ryp~¡;-ii;---

. \':':2./::::.:,I:\',;~::;:;/ . --

FILE D :

March 20, 1969 at 1: 16 P. M., . --I t: 5

recorded in Book 268 , page 26

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1.,-..'1 ~_I~\Jr:"h.H\ l'i;iilin£ to S(~ii(liltry CO., Tiih:i, Oki~.

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nil, i:,DE:\TURE: M,do c,i,._~3.r.9-d,y ol_J.ò.hX1.i.Y.---'. D., 19l1. \

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of._-..lsa.--

.County, in the Stale of Ok\;ihom:i, p:irLÍC:J_ of the r¡rr.t ¡Jan, Jirrcin;i;:ci

c.'.:cJ r::rr)' f.r;¡iitor (whether one or more)

",d_~\:j,M::C;C--d.Compan'Y.-,.~-an...Olclahoma--COr?ora ti.O:1--.---..-.----------- ___.o.-.........--..---------_._----.-...-----p:irty of iiie ôc.cond iJ,irl, r~it:.. ;;r:ir.:cc. _.." _ _ _.. __.... ___ _ _ __ _ __ ::.::.::.::.::::-::.:::::--::::.:::.:-:.:.:-:-:.::.::.::-=-:::-::-:.:.:::.::-:::::::-=_j)OLL.-\ ¡,S, WiDi-SSETH, Th,,;n con5idee"ion cor thc ",m oi._..one.--and..no/iOQ-.:"'''-.,.".."-''-"..,,..,,-'...-'.---~''---.-.-~. "co;pi of which ¡, heecby ,cb,owloò¡;cd, "i,1 r"'l G",nto,. ò"'"' by ,hm p,,,ntõ, 1,"nl. b"h,in. .oil ""i convc)' u,,," ,,:; i',"'~' 6:"'\OC, __jjS bc;" ,nò "';S"', ,11 "r iho following J"eeihoò ,d "t"o, ,i,o"ed ;n iho Coonl'i Co! _---...-- :;\.!C of Okl;lhoTl~1 to-wit:

;:~2_S-':~-;~:"' s~l-ú..i~tSE.--''; ;._.!~.c.i; t)gr:..:LJ. .1__Tciy1nSl1lp..--?3--1::()-r1; 11 J _-":J n¿ (,__?23~' ::~;

j,:;'_;:¡:,:l:~_,'_e,,_t_:lQn.-J..3; 'R~JjE":,;_..'sE:è..HE~i,;....ScJç:'0iOrLJ)1,--all-.irLO,..;n;:~::p..23 l:Qr'~ ;-, J

:~_;:~::(ê_~§-t-,3~---- .--.--..---..--.-.....-.. ..--------...-,-..---.-..-------..---- .---------..--.~~__0_J)..9_c).c_.._i.._ts._ )..:-_,,:03::--4::6:-.1,....;'10. Ck_3,___a1l--io-I.l"2:ISÒO;:LJcèC=-.\.:C'£-t...

a. sc::~9.~ ViSiO~~.£~'?-r_c:_n.G-.J;()--th~r~'~()!'~lê~-.P:L-::.!_tQ:z-?~()J:'-..n-d_______.__... .

Lc .t_s-l9-=..i::;!_2.J),Q~.\J;._-Il'~::--k3.::::9--:s..9-Çlc.-3.;.-J:Ot-"..=~-ij::2. c.-cl3:: ::~.,,2.5 -::7 J 3_l()::~-~~-~~~o.!:~~S_-.¡,~~-~-~~~.9~ViS.:i()~-"--óc ?_~0:~-ç t£.0:"~ :r2~E_C.eè.

=~~____~~-~~-= Ci~~~~==~~~== TO iI,WE ;.:\n TO HOLD TIlE S,\:,lF.. to;,,,her with ,11 ond ,in;;ul" tho "oomcnlO. herd;"n"nta ,',nd ',i,"""",nw tr.-:rcto b-Jei:i¡;ir.g or in any wLr.'.: ;iprcri:iinini; (orci'cr.

.:...¿ i~iJ ?:lG' í;TJntor ___for_thems el:ve s.)-o.and__t he.ir....-----..-_....---_........__..-_.. __,_______.dm ,n

¡";". ,''""'0," "nJ ",I",;n'''''o," do" he,,", co"n,nt, promi" ,nd '~rce II ,n¿ wi,h ",;d p:ry gr,mlce, "iht ¿,¡¡"l::' "i ,;"" ?""nl8 th,,___the:L..e-r.e_--....,winll)' ,,¡zcd in___.__th.eiI'------.own rIghl of ,n ,hinlulC "nd ;r,dck.,,;'': ,;:,." ,,' inh"i,,,.co in ice ,;mrIc. of ,nd ;n ,ii ,ml ,;n¡:nbr tho ,bove ",'n!Cd ,nJ "",r;ld p"misc;. ni,h iilC 'F?Unon,nec; ;,,: :c,' """ m fcco, ei,,,. ,,,d d;,c1,,,gcd ,nd unoncumb,red of ,nd 1'0.0 ,11 lorm" ,nd otlt" gr.,"'" i;dc;, oh,,¡;c;. 051"", ju.!:;""";,, cm'. ",o~m,nlõ ond oneurn,,,n,,, of wh"mcvcr n,ture ond kind, EXCEPT: E'lCnlCn.., building ",,,i,,ion. or "00''; or,';

.?"i,; ",,=on" no: ret dOO;_________------.-,--.-.----.----.-.----.---.----.---.-. --_.-- .__._-----_._---------_..._-_._----_._._--- _.- -_...--_.-_.-._--_...-_..-.--_.._-"-_._...-----_. ..____'n.__________.__...--------..--.---.-.-------.--..------______.____._-.'nd th,i pori~' o"nior wi:! .':;..rz;t-\:-T A:\D rORET¿R DEFi-¡'D iho "mo untO tho ,,,;u par,! g'''''"._._.,_____:lt.s-------------.-.Iic;'' ,n.; "':,''''. ",i,,". ,d pony g"n'o,,~__-hoiro 0' ,,,;gos ,cd ,11 ,nd "ery peron or pmon. whom,oo'" ¡'wluilr d,,;,''':.

;'::':vc '1.ritt.n.~----((.Lf ' \ 1' 1,-/ m¥ ///!-,-....--/,~ ,,,/' , ..~

c.: tú C..:ir. the i~lÏC.

, I:, .WIDES, WHEREOF, tho "id puty g"nlOr, h,Y"- 1,,,.,,"0::' __~~l)e ir__:: :::._..h~n¿- -. thO ,I,,, ''''-, .

_.-----;F' ,Ii ~ .. -,'

_,,)/. RO?erc;-lD.(S"CUC..9D;:~.:Ç,:' /. \

.:../.f:~~::\~~:¿ht£;~';~::S)~:;i'~: ~\:~/. ~

..~=-._-"-=-=.=,=""~~~-=-....=._-----=."~.=-= ST..\TE Of (Jl.:L:\HO:',í/'" 1

0,""';. "¡,..:'r~.:;..12.'¡I.ar.c...---' ._...J .,. (Oll,I,',,"" Fom' 01 AdN"".¡"lg"""') i:,,"" "".,,¡,_, .unJm;;:nd. ' Nn"'l Public, ;n ,nJ for ,,;d eo",,,,:! ,,,d S,,,,,, on thi..__.____?3_::S._..______ ¿"" 0: J0~_:'Ôl 'J::,~c.' :______, J? Tl-. p",onnn, 'pp""d..,. R-?_b."::::~.__l.....__S_t_\!_9.(':D..a.!S.?l-...~n.9__.ì::_.::~"~Cì,.;: ...~'.~ ;;;-, ;.(.-~; _ ___ ;:t\)~rXr;.:¿.¿~~.:(;:.--..--.. . .-_..--_..-----_.__..........-...-....----..- ,.................-._..-..__.-.--_.--_.-.--_..- .

'_~'" ';: ,;':"r, ", '". :..t ,de""..l r' ""'~. V.:IO excen\ell iho ~;tltin ,nJ foeeRO;n¡; ;nStumont. 'n~ ,cknow¡c¿"," ., c." t.,.,

o ~(:-:J-, ,,,,,,,. ,Lo "",," cnci:c-- frco ,nd 'iolnn'''y '" "nd deed fo, ,lto "1~\Jniz\mrpOSC8 then:... .,,¡ '.. C'd;" 'J~' cr !fiY !i:ind .ncl i.:i1 01 úffii;c the J:iy and YC:H ;ibovc writtcn.::~_==_=- ) "~

i;o'/embcr 1972 --.~=~l-(;)~~~

.., w.,-."..",n "?,W .____. ...___. u__. _ __.._ __...._.._ \ ~'u"ry Pon: ,

FILE D :

April 6,

P. M., 1971 at 2 recorded 01 'in Book "- 282 / page

J.t 6

164

/',~

INSTRUMENT:

MORTGAGE

GRANTORS:

STUDEBAKER LAND CO., an Oklahoma Corporation

GRANTEES:

STATE FINANCIAL SERVICE CORPORATION, an Oklahoma Corporation

DA TED:

June 24, 1971

FILED:

June 29, 1971 at 1:40 o'clock P. M.

RECORDED IN:

Book 284 at Pages 409-421

CONSIDERATION:

$200,000.00

GRANTING CLAUSE:

Has mortgaged and hereby mortgages

EXCEPTIONS:

Appraisement waived. Partial releases to be delivered to Mortgagor upon compliance wi th terms of agreement.

NOTES:

Principal sum of $200,000.00 with interest thereon, at the rate of 10% per annum, payabl according to the terms of one certain promissory note, of even date herewi th, with final maturity on the 13th day of July 1975.

DESCRIPTION

y

(OTHER LANDS) and Lot 7, Block 2, Allyson Acres East

ATTEST: Martha Jean Studebaker

STUDEBAKER LAND CO.

(SEAL)

By: Robert L. Studebaker

STATE OF OKLAHO~~.) COUNTY OF TULSA. ) ss.

On this 24th day of June, 1971, before me, the undersigned, a Notary Public in and for said County and State, personally appeared Robert L. Studebaker to me known to be the identical person who subscribed the name and maker thereof to the foregoing instrument as its President and acknowledged to me that he executed the same as his free and voluntary

act and deed, and as the free and voluntary act and deed of slich corporation, for the uses and purposes therein set forth.

My- Commission Expires

Margaret Dunn

Mßrch 9, 1973 (SEAL)

.11 7

"l' :..~ .

tOOK ::17 p~GE3'38; ,STATE OF OKLAHOMA f

OELAWARE COUNTY 55.

L hereby certily that this Instrument .was Filed for Record this d,y

PARTIAL RELESE OF MORTGAGE

JUL i 81973 3C'~1'

.BOOK 3/7 PAGE33ý KNOW AL MEN BY THESE PRESENTS:

f,~

~.SA~l, .LOS, County CID\"

... /,c/';" d I" /:¡;." "I D~~:lty.

Tha t STATE FINANCIAL SERVICE CORPORATION OF OKLOMA, in

.) /0 .

consideration of value received, does hereby relea-se a certain mortgage exec~ted by

STUDEBAKE LAD CO., AN OKLHOMA CORPORATION to S ta te Finane ia i Serv iqe Corpor atian r ;j

on the~day of

19-l and recorded in Book~, Page 409-21

June

County, State of Oklahoma,

De laware

in the office of the Coùnty Clerk of inaofar aa the same covers the following described prnperty, to wit:

Lot Seven (7), Block Two (2), ALLYSON ACRES - EAST ADDITION,

An Addi tion in De Laware County, S ta te of Oklahoma, according to the recorded plat thereof; AND Lot Eight (8), Block Four (4). ALLYSON ACRES _ DOGWOOD ADDITION, an Addition in Delaware County,

\

State of Oklahoma, according to the recorded plat thereof. ,/"

"'.-

ti£ovided that the lien of aaid mortgage ia hereby apecifically ~etained upon all of the

'j

pcoperty covered thereby not included in the foregoing deacription, or not previously

19--

reieaS~Rlill ' ".-;""r 11i'~'I'"

July

day 0 f

D"Ç,¡,~..tUJS"/I;"'" 11th

STATE FINANCIAL SECE CORPORATION OF OKLOMA

í,

,':t~;!:~~lP

. / ?~~.L 1; "-a"P":.,, /..

-:~

P.resi~ent

\

Phil Mi ell Secretary CORPORATION ACKNOWDGMENT

STATE OF OKLHOMA

SS:

COUNTY OF TULSA

,

On thi.s 11th day of Julv ' 19 73 , before me, the undersigned, a

Notary Public, in and for the County and State aforeaai~raonally appeared

J. P. Arwood to ,me known to be the identical person .who

subscribed the name of the maker thereof to tha fo~egoing instrument aa its

President and ackno\oledged to me that he 'eKecutad the same as his free and

vo luntar,y..ac,:"a¡id deed, and aa the free and voluntary act and deed ~ corporation, for thê .l~esI:~nd "pllrpos€s ther€in set forth,

,:" ,~,~"~'-r,~""~?,-;'

,''-~v~" priBiÎ. 'mY. hard and seal of office the day and 111! last stov written.

j'

¡ i ~,,~ ,:~o~ ¿'~ .

... 1-)' ,.,./?/' -C '

My 1;0~llt's:il:òIi~)lry.¡re9: December 18, 1976

Linda E. Smith

I /~J.~~i-_~V

Notary Public

\..:::::,:i'~I:'~:i:~:" .'

FILED:

July 18, 1973 at 3:06 P. il., reco~ded in Book..317, page 338 ..1'.

Ji5

-.,.,

RELEASE OF MORTGAGE

tic~ ~Y¿2 l,\Cr: . tin

KNOW ALL MEN BY THESE PRESENTS:

WHEREAS, on the 24th day of June, 1971, a certain Mortgage wa& executed by STUDEBAKER LAND CO., an Oklahoma corporation, Mortgagor, to STATE FINANCIAL SERVICE COF20RATION, an Oklahoma corporation, Mortgagee, for the sum of Two Hundred Thousand and no/lOO Dollars ($200,000.00) plus certain additional payments

upon the following described real estate, viz: .

l,~

The real estate described in the attached Exhibit A entitled "Description of Property",

which said Mortgage is recorded in Book 284 of Mortgages, on pages 409-421 of the records of Delaware County i State of

Oklahoma.

,-

WHEREAS, Mortgagee has agrßed to release said Mortgage: NOW, THEREFORE, state Financial Service Corporation, the above-named Mortgagee, does hereby remise, release and forever quit-claim all its right, title and interest, in and to the above~mentioned property which it may have acquired by virtue of said above-named Mortgage to Studebaker Land Co., the said

Mortgagor, its succes sors and ass igns , . forever.

IN TESTIMONY WHEREOF, State Financial Service Corporation, be subscribed

an Oklahoma corporation, has caused its name to

.to this Release by its Presidj¡mt, w. ith t,he" cprpdrate seal attached,

at Tulsa, Oklahoma, this ~ day of ~ , 1973. .

B~d~

\ i¡iiiiii"'l, 't:~;i'),; :'~::',:

.":\AT1,tgT;ç,;,;,:~;:. " ;~A;~l~~~~:C;~p;~=~i~~ CORPORATION, ;;i,:::!:~~..~1~~:;;~'-; ,

- , "-'-'f.~lXJ J ::':1'. .. -

~~¿/ STAT~"PF ':OitLPJ10MA

_ . .. . Pmid-nC

ss

COUNTY OF TULSA ~. # The fore. ~pi~~ instrument was acknowledged before ~e this

:/ day of I~ ' 1973, by :r, P. AY'I.HlOo\ President of State Financial Service Corporation, an Oklahoma corpora tion, on behalf of the Corporation.

k~ 2;,~

N al:y Pub ic

ÆJ~~i~,~~t -.....,puo/ Ie ". ,. . .

.F,¡~:¡:Hú'.".Sqimu¡s.t9n Expires: STATE OF OnL,\HbMA I 55 '%,i '-..?:;.~lt?:/ /9'16 OfL".INI'P.£ C('LJt'~TY f .

" ~'~:fi.:~~~~~:~~;:~,;:~/

I hereby ccrt"¡y Ii",! this Instrument

.1'13, Filed Inr Record liiis day .

;í;

'OCT 1 S19i3 d---'5,Cff

.a0l1 3d? ~PAGE_.s~5 I, 6.;

.8-.tLed ~IElDSr Co~n!"1 lark

pep-itj

36- ~ 1

\2ì

1l9

Release. .

. p~~~~,.~"..

.'- -.-..,_.,~.:..:.- ..:.,....~"_."\--'~.--~- --~--~--------\~--~--------:

\ .' DESCRIPTION OF PROPERTY RELEASED

2 r-i

~OGr, 'J 2 l~Gt ;)

.'

I ¡

The following described real estate and premises si.tuated in Delaware County, Oklahoma, was mortgaged by its .i

;) ,

ow~r, Studebaker Land Co., an Oklahoma corporation, to State Finàncial. Service Cor.poration of Tulsa i Oklahoma ¡ an Oklahoma

corporation, pursuant to a written mortgage agreement dated

the 24th day of June, 1971, a.nd is being r.eleased:. TRACT 1 - The Southeast Quarter and the East Half. of the southlvest Quarter, Section 11, .Toimship 23 North, Range 22 East of the Indian Base and Heridian in Delm';are

County, Oklahoma, containing approxi8ately. 240 acres,'

including but not limited to .all of "Allyson Acres Oaks Addi tion" according to the recorded plat thereof, less

and except the following:

(å) Lots 4 and 5 of Block. 2 of.i / Allyson Acres Oaks. i i

(b) Lots 1, 2 and 3 of Block 3 of Allysòn Acres Oaks.

(c) Lot 1 of Block 4 of Allyson I Acres Oaks. (d) Lots 1, 2, 6 and 7 of 'Block 5 of! Allyson Acres Oaks.

(e) Lots 3,4,5,8,13,14 and is of/

Block 6 of Allyson Acres Oaks.

(f) r,ots 4,5,6,.7,8,14,16,18,28,

~2,. 34, 36, 37, 39 and 41 of Block 7 of Allyson Acres Oaks,

TRACT 2 -. The Southwest Quarter of the Southwest Quarter, in Section 12, Township 23 North, Range 22 East of the Indian Base and Meridian in Delaware County, Oklahoma, including but not limited to all of Allyson

Acres South Addition, according to t~e recorded plat. thereo.f, less and exce'pt the following:

. (a) All that portion of the above acquired previously by the G~and River Dam Authority. . (b) Lots 1,2,3',9,lo-,12,15,19'and 20 ofl

Block 1 of Allyson Acres South. . ~

. . . . . L, ¡I

South,. . i..N i" .' '" I!

(c) .Lots.l,2,3,S,6,lO,11,14,lS,16,19,25,. / I I~L

26,27,30,31,32, 33 and 34 of Block 2 of AiiYson~r' ir~l Acres

(

l 20

Release. . . page 3

,.l

,BOD!. ~22 PAGE 52

,¡, ;

ee) Lots 6;9,10,11,12,13 and 14 of'Block /' . ~-of Allyson Acres South.

ef) ,Lots 1 and 5, Block 5 of Allyson Acres /

South.

/

(g) Lots 1,2,3,4,5,6, 20, 21, 22,'23, and 24 '/ of Block 7 of Allyson Acres South.

(h) Lots 1, 2,3, 4,11, 13, 14, 15, 17 and 20, of Block 8 of Allyson Acres South.

l,~ '

, TRACT 3 - The West Half of the Northwest Quarter of section 13, Township 23 North, Range 22 East' of the Indian Base and Meridian in Delaware County, Oklahoma, according to the U. S. Government Survey thereof, c6ntaining

approximately 80 acres.' '.6

TRACT 4 - The North Half of the Northeast Quarter and the Southeast Quarter of the Northeast Quarter of Section 14, ~ownship '23 North, Range 22 East of the Indian Base and Meridian in Delaware County, Oklahoma, according to the U. S. Government Survey thereof, containing approx-

imately 120 acres. TRACT 5 - The Northwest Quarter' of the Southwest

Quarter of Section 12, Township 23 North, Range 22 East of the Indian Base and Meridian, Delaware County, Oklahoma, according to theU. S. Government Survey thereof, includlimited to ,Al1yson Acres East and A11yson ing but not Acres West Additions, according to the recorded plat thereof; less and except those portions, ~escribed as

follows:

ea) That portion previously acquired by the

, , Grand River Dam Authority.

eb) All of Block 1,' Allyson Acres vlest Addi tioD.

ec) Lots 1,2,3,-5,6,7, and 8 of Block 2/ of Al1yson Acres West Addition.

ed) Lots 5, 8, 9, 10; :11 and 12 of Block 3 / of Allyson Acres West Addition.

"(e) Lots 4,5,6,7,'8,9,12,13,14,15, /

and'16 of Block 1 of Allyson Acres ~ast Addition.

(f) Lots 1, 2, 3, 4; 5, 6, 8, 9, 12, 16, 18,/ :\\I~,IA and 19 of Block 2 of Allyson Acres East Addition. i0V\ eg) Lots 2; 3 and 4 of Block 3 of

Acres East Addition.

\rt~,) )1

~~ ,f) );J

i

V(U (

L~d, I

'f\

,",I

'!s~,

~,

FILED:

---._- .... --_.. -"--'- ~_._---_.-._._--- ----".._. _._-----------.-- ---..---_..__. _. --------_.. .'- .._-

October

181 1973 at 2: 45 P. f:L; 'r'è.corded in Book 3221 - pag~s Ii

J21

50-52

:-

"i:.

./

...:...

¡ ..:.~_______ .1 -0

~ ~0-'1 r'C2 ßOC~ ,-.. PAGE 0v

,j

THE STATE OF i(~AHOMA

KNOW ALL MEN BY THESE êRESENTS:

COUNTY OF DELAWARE In accordance with and pursuant to the provisions of / S LAND CO., INC. and SDUTH,IESTERN INVESTMENT CO~1PANY, ti tl ed

Paragraph 10:06 of that certain Agreement ~ ~ ,- /: ',"AGREEr~ENT OF INTEGRAL ENGAGEMENTS" datedbetween the /r~STUDEBAKER day of

ti; )f!l'ci'H~, 1 973. STUDEBAKER LANa CO.. INC. hereoypressly /I "Z and affirmatively declares that it will not, directly or indirectly, so long as any provision of such Agreement remains outstanding and in effect. encumber in anywise or permit the encumbrance of the real property, or any part thereof, descri bed _ on Schedul e "An attached hereto and made a part hereof, or 'sell the real property or any part thereof except in the ordinary course of business of STUDEBAKER LAND CO., INC. without the recording of a prior written consent of SOUTHWESTERN INVESTMENT COMPAN~ authorizing STUDEBAKER LAN~C,Oy;.JNC., its

successors or ass 1 gns,' so to do. ,'. / /.~.

¡JJJR.CI' /0__ " DATED this ./ (p day of ryiry-,'Ì" 1973. ~ :"

STUDEBAKER LAND CO., INC.

( - Q:.¡./'-~ J/-" /' ,f!ri,' V;)V///i.'d;r, Presi ent

, ,STATE OF O~l.HOMA L SS

J hereby c:rt;iy that l.is Instrument ¿; 7 Q(. DEcNNiI!iE COUNTY \ . #)'as Filed lor Record this day

/'

MAR 2 31973 ! CJ: 3tQ "' THE STATS OF OKLAHOMA

COUNTY OF ßElA',,'i'

ivlrl9

ss

.BOOK 3 / / PAGÔ r;¿ 1 3'1.3

SAM FI~U~.I;~L

fs''7"" v _ ~ ' '. (/ Deputy'

BEFORE ME. a Notary Public in and for said state, on this

(9.+!. day of _ _ . A. D. 1973. personally appeared

, .. d 1l";;. ..,--"--- to me known to be the i dent i ca 1

person w 0 su scri eO e name of the maker thereof to the foregoing instrument and its President and acknowledged to me that he executed the ~s his free and voluntary act and déed, and as the free and vol untary act and deed of such corporation for the uses and purposes therein set forth.

J2.2

',_/

...__.. . )I..

.'

r

/-

.:._~....~'..:'-

~~~

SCHEDULE A

J(

:iOOK ::11 P,\GE 393

LEGAL DESCRI1'lON

The SE~ and the E~ SW~. Section 11, Township 23 North, Range 22 East of the Indian Base and Meridian in Delaware County, Oklahoma, containing approximateiy 240 acres, including but not limited to a'll of "Allyson Acrès Oaks Addition", according to the recorded plat thereof, less and except the foliowing: Lots 4 and 5 of Block 2 of Allyson Acres Oaks; Lots 1, 2 and 3 of Block 3 of Allyson Acres Oaks; Lot 1 of Block 4 of Allyson Acres Oaks; Lots 1, 2, 6 and 7 of Block 5 of Allyson Acres Oaks; Lots 3, 4, 5, B, 13, 14 and 15 of Block 6 of Allyson Acres Oaks;

Lots 4,6,7, B, 16. lB, 2B, 32,,34, 36, 37, 39 and 41 of Block of Allyson Acres Oaks; The SW~ SW~ in Section 12, Township 23 North, Range 22 East, of the Indian Base and Meridian in Delaware 'County, Oklahoma, including but not limited to all of Ally"on Acres South Addition, according to the'recorded plat thereof, less and except the following:

All that portion of the above acquired previously by the Grand River Dam

Authority; Lots 1. 2, 3, 9, 10, 12, is, 19 and 20 of Block 1 of Allyson Acres South; Lots 1. 2, 3, 5, 6, 10, 11, 14, is, 16, 19. 25, 27, 30, 31, 32,33 and 34 of Block 2 of .Allyson Acres South;

~ .~ Lot s 6, 9, 11, 12, 13 and 14 of Block 4 of Allyson Acres South: K"'/i¿;Lots South; Acres South; O Lots 3, 14,and 5, 5, 7, Block 8 and5 9ofofAllyson Block 3Acres of Allyson ~ ~Lots l,3~, 5. 6, 20, 21, 22, 23, and 24 of Block 7 of Allyson Acres South;

~ Lots1,2,3, 4, 11, 13, 14, 15, 17, and 20 of Block 8 of Allyson Acres South; The W~ NW\ of Section 13, Township 23 North, Range 2Z East of the Indian Base and Meridian in Delaware County, Oklahoma, according to the U. S. Government Survey thereof, containing approximately 80 acres. The N~ NE\: SE\ NE\; Section 14, Township 23 North, Range 22 East of the Indian Base and Meridan in Delaware County, Oklahoma, according to the U.S.

Goverrnent Survey thereof, containing approximately 120 'acres. The ,~\ SW\ ; Section 12, Township 23 North, Range 22 East of the Indian Base and Meridian, Delaware County, Oklahoma, according to the U. S. Government Survey thereof, including but not limited to Allyson Acres East and Allyson Acres West Additions, according to the recorded plat thereof;

less and except those portions described as follows:' That portion previously acquired by the Grand River Dam Authority; All of Block 1. Allyson Acres West Addition; Lots 1, 2, 3, 5, 6, 7 and B of Block 2 of Allyson Acres West Addition; Lots 5, B, 9, 10, 11 and 12 of Block 3 of Allyson Acres West Addition; Lotsi4,5, 6, 7, B, 9, 12. 13, 14, 15, and 16 of Block 1 of Allyson Acres

East Addition; Lots I, 2,3,,4, 5,,-_6.,.B,_.9,_12_.,,16, lB, and 19 of Block 2 of Allyson Acres

East Addition: Lots 2, 3, and 4 of Block 3 of Allyson Acres East Addition.

FILE D :

March 23, 1973 ~t 10 :36 A. M. ,recorded in Book pages 311, 392-393

J~3

,'\~, "Î 0

~ =3~?- p~¿c~.~

Tlil: ST,\TL i'F O¡.i-,llimIA

KNOW ALL ~,IEN UY T¡¡ESE PRESENTS

COlYI'ì' OF PLLiWMn; That STUJEUI\I;¡-:n LA;;D CO" INC, or llie County of Delaware and Statt~ or Clk1ahoina, (or und in coiis.ic.cl'ation or Lhc sum of TEN UOLLl\RS

(S10.nO) and otlier good and valuable consideration La it in ¡iand paid

hy Sovrl.¡lil:-i"I'Lll,¡; INVESn1Eò;T CmIPANY, receipt of whi eli is hereby ackno\\-

led~t~d and l',onrcssed, tias ßTuntcui sold and COliveYUtll and by tlic~e

l'r"s"ni,' du,-'s i;ranl, sell and convpy unLo the sai,¡P ~OUTimESTEl1:' INVLST-

~i¡::iT emll'..I\\', of UH' County of Pottc'r and SUi.e uf 'l""as, all tlial cel't:i iii lot lract or ~iar('l:'.l or lanel lying and lJc;iii~ s"j tuatc in the

CounLy or 11C'l.aware, Statl' or Oldahom:t, I,nown and elescri.bed as follolis:

See 1.,;"lii.i..L "A" ii,Ltachcd.

..

SAVE: A~W j.::.;(:F.PT then, is rcsprv,-,d from tliis conveyance and this con-

\'(~yiin('C' i~~ ~;ubjcct to al 1 p¡.:i~tini:~ rights-or-way J easements and

l't~strictjl)iis.

TO Hi\IT ,i;m TO I¡OLD the abov0 descr1.bed premises togetlier with

all anel ,;In;;ular the rj:~liL~ and appurtenances tliereto 1.n anywise be-

L onr; ii;¡! nnl,-' t he said SOlJ"rm\"ESTEflN lNVESnlENT CmIPANY, 1. ts successors and assigns rorevl'r, and STUDEBAKER LAND CO., INC. does hereby b1.nd j tsel f, i 18 successors aiid assi~ns, ~t~ainst every persoii whomsoever

lawfully ~!aiming, or to claim the same, or any part thereof. It- WITNESS WEEREOF, the said Corporation has c'LUsed these presents

to be SigN,d by its duly aut liorizec1 of f iC8rs at u.., Oklahoma, this U clciy of Octoher, A,D. 197:;' STl!J)F:BAKEH Li\:m CO" I NC.

,.. i\\ii~i~lfi,i"" ,),¡ l~Û/"'"

By;((i~~A~

~" ~0

(..' -',(

, ,~,;:.",,;~;~r\'~Ò:¡f\:~;: r: VJ.ce- Presiden L STATE OF OKU\HOMA ¡ S5

'\;(;:~;~:~~-

DEU\WARE COUNTY .

a ~ereby certfy Lial tlis Instrument wa$ Filed for Recrd this day

NOV G 1973 '1-'.;.) If ?'t./

l"~' /" .

1301 ?- AGE~ 'f() t

t~int Secret,iry ,

:i

SAM. S, Cou ~~. /' DeputY

TilE STilTE Of OKLMIO\IA COU~;TY CF TLU)I\

.-;; r;;7

DEFORE "n:, a Notary PubLic in and for said state, on tli1.S day I'ersonally appeareel .~g-d-".o:!,¡ii.¿'.~, known Lo me

to 1)0 tlie identical person wriô~-suliscr1.bed the name of the maker there"I

to t ill' forl.~;pil1G" instrulien t. Gild i. Ls Vice-President and aclcnowl edged to p.ie t.hat he c,;Q"uLed the same as his I1''e ~nd \'olunlarY act and deed, anel

as Lhr' 1'1'('(' and voluntary act anel dC'ed oJ sueh corporation for tIie uses and l'urpc.";~_':, ihedn set forth,DATED this 2J~d,iy of October, A.D. 197:i.

2¿rJ/":~~(:/ L~

N'otary Pub! i.c in ,uid for -,-

''',t'~líllt~l

Tulsa COlinLy, Oklahoma

-,

CÄ

0124

Deed.. .

2

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FILE D :

November 6, 1973 at 9:32 A. M., recorded in Book 322, pag,es 403-404 I

I

J 25 :1 !.

~/ ~\i

THE STATE OF OKLAOMA

KNOW ALL MEN BY THESE PRESENTS:

COUNTY OF DElAWARE X

B 6U 3;;:5 N:?: 3 '7

That SOUTHWSTERN INVESTMENT COMPANY, of the County of potter, State of Texas, for and in consideration of the sum of TEN AND NO/lOa ($10.00) DOLlARS and other good and valuable consideration to tt in

/',~

hand paid by si-'Hìpn;ikp.r r,;inn rnmn"ny , Grantee(s),

receipt of which is hereby acknowledged and confessed, has Granted, Sold and Conveyed, and by these presents does Grant, Sell and Convey unto the said Grantee(s). of the County of '1,1~" ,State of Okl"linmri all that certain lot, tract or parcel of land lying and being situate in the County of Delaware, State of Oklahoma, known and described as

follows:

Lot No.7, Block No.2, Ailyson.Acres, East Addition; Lot No. 11, Block No.6, Allyson Acres, Grandview Addition; Lot No. 19, Block No.7, Allyson Acr~s, Grandview Addition; Lot No. la, Biock No.1, Allyson Acres, South Addition

SAVE AND EXCEPT THERE IS RESERVED from this conveyance and this conveyance is subj ect to, all existing rights-of-ways, easements and

restrictions.

TO HAVE AN TO HOLD the above described premises, together with all and singular the rights and appurtenances thereto in anywise belonging unto the said Grantee (s) and said Grantee's heirs and assigns forever, and SOUTHWESTERN INVESTMENT COMPAN does hereby bind itself, its successors and assigns, to Warrant and Forever Defend, all and singular the saidpremis~s unto the said Grantee (s) and said Grantee's heirs and assigns, agains~ every person whomsoever lawfully claiming, or to claim the same, or any part thereof. IN WITNSS WHEREOF, the said SOUTHIESTERN INVESTMENT COMPANY has caused thes'e presents to be signed by its duly authorized officer at

Amarillo, Texas, this 20th day of NovPJTber ,A.D. 19 73

~ SOUTIn'iESTERN INVES

,. i: By :J\) ",\1\,'111111""",;., ' .' O. H. U.b .er ice. President #.

U'~"' ""'( . a

""" \i,\'IESrl.l""',,, .'- . ___".-,.".~,.,~ TATE OF OKLAHOMA l ss.1I33êJ

",~,) "'-''?7.~~''i //. ¡J ,_._~__~,-~,,--.--,'---i DELAWARE. GOUN1Y \ .,/

Al~'Û~: ß":X:\ ~~¿"~(-'1~~t~~:~iqttl:S:: hereby ~ertily this this l~strumeni , .. ~_. 'L:~""'-~~-':d--~--.--.1 Jwa~ Filed lor that Record day n~.L.ÄZ~t~.,;J~~~tary \'1 ~2. 20, -d.'~2. 20,..1 . 'NOV 271973 /O:.2;)czm. _ -;. U ~~.. ; _.. - ll. ''iI''. .. 1 ~

;~I~;~~~~' i~J¡JIT1~èi;ótRli8°O'~~ ~""~~ 1". ,\" ,i".. ~ l__-__...l By

"/I"h,r,,"'\\'''' Depèty

BEFORE ME, the undersigned authority, on this day llY'

appeared O. H. Zuber ' the Vi ce Pre,,; rip.nt of

Southwestern Investment Com¡;any '. known to me to be the person

whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same as the act and deed of said Sontnwestern Tnvp.st:mp-nt r.omp~ny i for the purposes and consideration therein expressed and in the capacity therein set forth.

GIVEN UNDER MY HAND AND SEAL OF OFFICE THIS .. day of Nnvpmnpr,

A. D. 19.:'

. .... .,;;";:;;;;;;.~1l~ÆO¿Bic, i~~~ty, My commission expires

Texas

J":k~;~j;j1;'î OS .

-. ."',' -..--,.."..," ".- 'J \ \ ",".

\ .:.. ~:::

FILE D :

lx ¡¿...

November 27, 1973 at 10:22 A~ M., recorded in Book 323 , l '2 iG

page 39

0:

\9 ..-

\S TUE 'L rATE OF OKLAHOMA

C0UN'iY OF DELAWARE ~::~ ~~ii; BY THESE~~_-J/5;-'" That STUDEBAKER LAND CO., INC. of the County of Delaware and State of Oklahoma, for and in consideration of the sum of TEN DOLLARS ($10.00) and other good and valuable consideration to it in hand paid by. SOUTHWESTERN INVESTMENT COMPANY, receipt of which is hereby acknowledged and confessed, has granted, sold and conveyed, and by these presents does grant, sell and convey unto the said SOUTHWESTERN INVESTMENT COMPANY, of the County of Potter and State of Texas, all that certain lot tract or parcel of land lying and being situate in the County of Delaware, State of Oklahoma, known and desc~ibed as follows:

¡(

See Exhibit "A" attached.

I

SAVE AND EXCEPT there is reserved from this conveyance and this conveYRnce

is subj cct to' all existing ri~hts-oI-way, easements and restrictions.

TO HAVE AND TO HOLD the above described premises together wi th all and singular the rights and appurtenances therto in anywise belonging un to the said SOUTHWESTERN INVEST~mNT CO~WANY, its successors and assigns forever, and STUDEBAKER LAND CO., INC. does hereby bind itself, its successors and assigns, against every person whomsoever /::f.S' i~~~ lawfully claiming, or to claim the same, or any part thereof. caused these presents IN WITNESS WHEREOF, the said Corp'oration has at Tulsa, Oklahoma, to be signed by its duly authorized officers

this-2 day of.d~88,,"'!i9P, A.D., 197;(."" ii,' ;r.. u ..~'t

Studebaker Land Co., Inc.

co~' .:~:V~l ,'" .~\,IU1HlllIflil ..,:.',1.\\ .5 S ., U lf'J..J;';l

C'

-~ ~ ,. ............. ..('-i,

"l:\-,~:::~'(l.;~\,p~:\., .,,"": I\.J ",)",

m:~:::\;~)::::iil?' Assis'tant THE STATE OF OKLMIOMA COUNTY OF TULSA

BEFORE ME, a Not~ state, on this day

personally appeared I " mown to me to be the identical p~ on who su sc ibed the name of tbe maker thereof to the foregoing inst ument and its Vice-President and acknowledged to me that he executed the same as his free and voluntary act and deed, and as the free and voluntary act and deed of such corporation for the uses

and purposes therin set forth. DATED this ~ day of January, .A.D., 1974. .;,\\\\....llli'r:ftrlr-r ~\-.,~,) \. :~ ...I_~_.J' r :l:',~

)(~f~i~~TI~:j ~iy (-9:r~i.s::g'Ìb.~E'Kpires

:;--_.-,-=._--; ~.;.! r::::;Jl,,d:¡)?-¡

1-g~.,.~\.t:S: :

, j,~$J .OO¡ ¡.''' ,... --_." ,.\

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~~~~for

,;j¡,Uc' '" ~-;1'7i0k:' ~" ":,,,,'~

';1"02394251

(Qd5:T,i~'\~.'jê¡4ri

Tulsa County, Oklahoml

.~ ...i'.

1 " ~'\

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J2:1

~

Deed. . . page 2 EXHIBIT "A"

Southwestern Investment Company.lJ (_ n \) . -: .. 3 The following lots in Allyson Acres .,-0. c: (L / ( '-

~ \~ ~ ~ Delaware County. Disney, Oklahoma 'J.r-Dogwood Subdivision

01 v Hickory Subdivision Lot Blk.

Lot Blk.

3 5 6 5 7 5

1 2 2 4

/..East

15

Subdivision 02

Redbud Subdivision 16

Lot Blk.

Lot Blk.

7 2

1 3 4 5 9

Hill top Subdivision 04 Lot Blk.

6 2

1 1 1 1 1

12 1 13 1 14 1

14 2

6 2 14 2 2 3 1 3

/ Mobile Vista Subdivision 05

Lot Blk. 37 4 18 6

13 14 17 24 26 29 31 32 33 34 42 45

~ South Subdivision 07

Lot Blk. 10 1 Valley View Subdivision 08 / Lot Blle.

13 4 15 4 27 4

/ Lot Blk.

4 4 4 4 4 4 4 4 4 4 4 4

West Subdi¥ision 09

6 3

,/

':1.

...,i.

Grand View Subdivision

14

Lot Blk. 21

7

i Hickory Subdivision

15

Lot Blk. 13 26 11 20 23

2 2 2

2 4 7 8

3 3 3 3

12 11 18

4 4

21 22 23 26 27

F I LED:

2 Z

3

4 4

4 4 4

.28

4

1 2

5 5

January 7, 1974 at 1:22 P. M., recorded in Book 323, p~ges 715-716

12~

)

)

')

:: STATE OF OKLAKOMA L "5 4 7 'JELAWARE COUNTY \ ~ .

1 iiereby certy that this In~i.rl!n~.nt

AFFIDAVIT

""~ filed fw. Reard ttis. day

l- ;~~ AlIC;) 01974

.trÍi-OOK~~ü /-/,15

"lEL¡)5, eomx c;, I .

STATE OF OKLAH01~

ss

COUNTY OF TULSA

n 29 A or.

~;

'p? .J _ ,:.\" '1 oJ

I, Robert L. Studebaker, of laviful age being

.-"-"' ./. ~:XjW / "/á_.../ -

first duly

sworn do upon my oath depose and state as follows:

1. Studebaker Land Co. ,an Oklahoma corporation, was chartered by the State of Oklahoma on March 26, 1969. Its name has not changed; however, from time to time, it has done business as, conveyeÇl and received property as "Studebaker Land Company, Inc." and "studebaker Land Co., Inc." There are no corporations, other than studebaker Land Co., known as "Studebaker Land Company, Inc." nor "studebaker Land Co., Inc. U

2. I, Robert L. studebaker, am, and h~e been since the inception of Studebaker Land Co., its pres1.dent, Director

and majority stockholder. I make this Affid¿vit on behalf

of Stude~aker Land Co. and upon my behalf indi viduaiiy for tiie purpose of disclosing in the real estate records of Delaware County, Oklahoma, the fact that "studebaker Land' Company, Inc." and "Studebaker Land Co., Inc." are one and the same corporation as "Studebaker Land Co.", an Oklahoma corporation.

3. All conveyances of real property by and to "Studebaker Land Company, Inc." and "studebaker Land Co., Inc." are, i.n fact, conveyances by and to, respectively, "Studebaker Land Co.", an Oklahoma corporation. Such conveyances related to lots in Allyson Acres Additions including Allyson Acres South, Allyson Acres East, Allyson Acres West, Allyson Acres Oaks Addition, Allyson AcreS - Valley view Addition, Allyson Acres _ Dogwood Addition, Allyson Acres - Mobile vista Addition, Allyson Acres _ Hilltop Addition, Allyson Acres - Golf Addition, Allyson Acres _ Grand View Addition, Allyson Acres - Hickory Addition, and Allyson Acres - Red Bud Addition, subdivisions located in Delaware County, Oklahoma,

DATED this ~ day of August, 1974.

7d S:~¿¡ ~unJ(!, 3'¥ 3;) g¡

~ci, O¡Uc"", 111.1,-- "',

'. \.~¡ I I' ", subscribed and sworn to before me this ~ day of August,

ÝiwJa Cf~~/

i~1j~t~~l~~' :..- ~ IrIUIOH!'" . ::

Notary Publ~c

\-~\.c;.l;,iGLt-1i.. C:9~ission Expires: ~/:.:, '..:'. i: oj . fCJ - a c¡ - '7 '7 .:.....r,r. ('°1-'";"'" .:.

..' STATE OF OKLAHOMA

ss

COUNTY OF TULSA The foregoing instrument was acknowledged before me this

. ~ day of August, 1974, by Robert L. Studebaker, President pi Studebaker Land Co., an Oklahoma corporation, on behalf of ,:~,." \,~ ';~'~td'I~Forpora tion..

L/uJ a. l¡-(CU-I- 2l /

~'~7:~~~~'0/¡;;~ ;

". -6, II; 1.,,0)!~ ~ommission Expires: "~ :". ~.":IC .n).~ .J, q - '7 7

Notary Public j

'::~~:;.:.i.~ ~:,r,;. ~~'.', :,:.../ :',

"."

I'

FILED: August 3D, 1974 at 4:36 P. M., recorded in Book 329, page 485

J29

. - -, '.-"~ ~

-'

o\J

)

)

AFFIDAVIT STATE OF OKLAOMA

ss

~:".S~

0.29 ....'r 5L7 ''' _ r,.Ui _'-

COUNTY OF TULSA

/',~

I, RDbert L. Studebaker, .of lawful age being first duly

SWDrn dD upDn my Dath d~Dse and state as fDllDws: .

.; h~\b~~ ~C:.,\ Cç. ,y. C). ~ ~ ~ '6 \ . 'r\ u.o. ~ 0 'K ..o.. t¡ ~ ¡ I C \ 1. Studebaker Land CD., an OklahDma cDrpDratiDn, was chartered by the State Df OklahDma on March 26, 1969. Its name has not changed; however, from time to time, it has done business as, conveyed and received property as "Studebaker Land Company, Inc." and "Studebaker Land Co., Inc." There are nD corporations, other than Studebaker Land Co., known as "Studebaker Land Company, Inc." nor "studebaker Land CD., Inc..1I

2. I, Robert L. Studebaker, am, and have been' since the inception Df Studebaker Land CD., its President, DirectDr and majority stDckholder. I make this Affidavit Dn behalf . of Studebaker Land Co. and upDn my behalf individually for the purpose of disclDsing in .the real estate recDrds Df Dela~¡are CDunty, Oklahoma, the fact that "Studebaker Land CDmpany, Inc." and '~tudebaker Land CD., Inc." are one and the same cDrporatiDn as "Studebaker Land Co.", an OklahDma cDrpDration.

3. All conveyances of real prDperty by and tD "Studebaker Land Company, Inc." and "Studebaker Land Co., Inc." are, in fact, conveyances by and. to , respectively, "studebaker Land Co.", an Oklahoma cDrpDratiDn. Such cDnveyances related tD lDts in AllysDn Acres Addi tiDns including Allyson Acres South, Allyson Acres East, Allyson Acres West, Allyson Acres Oaks AdditiDn, Allyson Acres - Valley View Addition, AllysDn Acres _ DDgwDOd AdditiDn, AllysDn Acres - MDbile Vista AdditiDn, AllysDn Acres - HilltDp AdditiDn, AllYSDn Acres - GDlf Addition, Allyson Acres - Grand View Addition, Allyson Acres - Hickory Addi tiDn, and Allyson Acres - Red Bud Addition , subdivisions IDca ted in Delaware County, Oklahoma.

DATED this ~ day

:;¡ig~ Robert :¡. Stu eba¥r

":,(~~:~;!~:~'0f::";',,,

;.-. :"I"ll ':.sj.scribed and sworn to before me this ~ day of August,

: i : 1J~ % ( (C' :-.

\::::;":?f;:~!~Z.- . ../rl~'l,:G'oimíssion Expires:

¡0~~ ~ L¡LIr Notary Pub ic ¿i

(~d fYlu ;;i 9,.17 7 . STATE OF OKLAOMA 1

COUNTY OF TULSA 1 ss The foregDing instrument was acknDwledged before me this

~ day of August, 1974, by Robert L. Studebaker, President of Studebaker Land Co., an OklahDma corporation, on behalf of said corporation.

i\~t~';çi;,jo" 'KP,,"O' ':;i~7!~ ~

~" : !.01~::9/r¡7L ." -' :. i i r ¡, ; (":~:. :'. r;' ,\ '. I

PILED:

September 4,1974 at 9:20 A. M., recorded in BDDk 329, page 547

.i30

- .'

.,-'7;_ ..:.'~:' -.:'' ,.:.

d~'f(~'-

....;~~-:.'-'" ---,--~'~'-"'.'". -,. .

;.':~~~

c..

~--c~.~,.,.._._..-

- .

I,~ ßr;G~.

c:n('1 ~ ,j Jr: r~Gl J~¡j

~ J9;;O sb'dÄv!ARE?c'tu'1iY" ì ss. D ti~reby certfy Ilat lhi3 instment

AFFIDAVIT

'iZl filed fu P,cri ilrs il

JMi20í;75 J/:35,?

OO~._. ,.""t:.3o STATE OF OKLOMA

~FJ~=n~~ (..tlu/ . De

ss

. .

COUN OF TULSA

I, Robert L. Studebaker r of lawful age being £irst duly sworn do upon my oath depose and state as follows:

1. studebaker Land Co., an Oklahoma corporation, was chartered by the State of Oklahoma on March 26, 1969. Its name' has not changed~ however, from time to time, it 'has done husiness as, conveyed and received property as "studebaker Land Company, Inc." and .. studebaker Land Co., Inc." There' are no corporations, other than studebaker Land Co., known as

... Studebaker Land Company, Inc." nor .. studebaker Land Co., Inc.. 2. I, Robert L. Studebaker, am, and have been since the" inception of Studebaker Land Co., its President, Director' and majority stockholder. I make this Affidavit on behalf of studebaker Land Co. and upon my behalf individually for the purpose of disclosing in the real estate records of Delaware County, Oklahoma, the :fact that "studebaker Land Company, Inc." and "Studebaker Land Co., inc." are one and the same corporation as "studebaker Land Co.", an Oklahoma corporation ~

,/

3. All conveyances of real property by and to "Studebaker Land Company, Inc." and "studebaker Land Co., Inc." are, in fact, conveyances by and to, respectively, "studebaker Land Co.", an Oklahoma corporation. Such conveyances related to lots in Allyson Acres Additions including Allyson Acres South,

Allyson Acres East, Allyson Acres West, Allyson Acres-

Oaks Addition, Allyson Acres - Valley View Addition, 'Ailyson Acres _ Dogwood Addition, Allyson Acres - Mobile vista Addition,

Allyson Acres _ Hilltop Addition, Allyson Acres - Golf Addi tion, Allyson Acres _ Grand View Addition, Allyson Acres - Hickory Addition, Allyson Acres - Red Bud Addition, Allyson Acres Echo. I.Addition and Allyson Acres - Echo 2 Addition, subdivisions located. in Delaware county, Oklahoma.

!~~t:;'~1;d~1t~;ï th'. A- d.y ~~ ." :..":::J....~'.d.~~.'~~.~,,..;;,:...~,,_. Robe t L, Studeb er, subš'è:ipèd~;:iind s;;'~n to-b~:Eòre me this ~d-aY of January, 1975.~;:~"'''~d.

M~ Commission Exeir~:

'Ii,d~!r~;i;¥t:!, ~

_~t~~. ~:~~~~ .PILED:

Jariuary' 20, 1975 at 11: 35 A. M,. reco~ded

Cl

( .181

in Book 332.' page 35b.

( )

~ "*

. -l ~ \1

." 1\-

ew

au ti. ro , ,

4f. 7 i ~ ~

S1'A'l 0/1 ÖKOAHÒMA -

gi.l.WARi: \:cv,rry I g,. i h9r9.~Y .lllhi¡Y ,iil~l i;i.:i 'ii§!rum9:

AFFIDAVIT ss.

/ STÀTE OF OKLHOMA .COUNTY OF TULSA

1m ,It:d "I ;koii' "'5 ;"

. tJ£CO IQ75/:31 ô.

~~ii-.i)~

gOO" ~ ~ / . ~AG~ f\~-()4

~y t1p~~' r,.r~~ .;h:t,

Comes noW Robert L. studebaker, the Affiant hereto and after first being duly sworn upon oath does depose and state.. as

follows: ONE: That he is the President and principal stockholder of the corporation formed in the State of Oklahoma and known as president of said corporation Studebaker Land Co. and that as

and principal stockholder. he has developed additions on Grand

Lake in Delaware County, Oklahoma, known as Al~son Acres and several resubdivisions of said Al~son Acres, all of which are owned by studebaker Land Co. That it appears in the abstracts of title on said property that .the title owners are studebaker

Land Company, an Oklahoma Corporation, studebaker Land Company, incorporatef, and studebaker Land Company, Inc.

TWO: Affiant further states that studebaker Land Company, an Oklahoma Corporation, studebaker Land Company, Incorporated and Studebaker Land Company, Inc. are all one and the same as Studebaker Land Co. and that studebaker Land Co. should be the

proper nae for title purposes and mortgage purposes in all subdivisions owned by any of the four entities.

THREE: That he has been the principal officer and President and principal stockholder of studebaker Land Co. since its inception in the State of Oklahoma and can varily say upon his oath that all four companies are one and the same except through the

scribner's error reflected in the previous Deeds on record in

Delaware County. FOUR: That any title examiners should consider said title owned by studebaker Land Co.

Further affiant sayeth

~~H' -\"0 \1 WOODSON a: GASAWAY ATTOR.H£"~ AT UW lQ4~ f."5'l JlII'TE£/'TH "TUl.SA. OKI,AHOMA ARI!A CODIt-file

II

II

J32

lL~-\

'-1'.

i ;".', ~: _..

. -2-

~ .,... .

1'f.f"~J "i~~."'.., )ar-8 2 ST.A!1E OF OKLOMA"

ss.

l';U~ 341 m¡ .'0

comiTY 9FTULSA g~efore me, the undersigned, a Notary Public, in and for said coun:;-' and state,' on this .d day of I.Ql-¡r.¿nr¡u/,-~

197~, personally appeared Robert L. studebaker, to me known to be the identical person who executed the within and foregoing

Affidavit and acknowledged to me that he executed the same as his free and voluntary act and deed for the uses and purposes therein

set forth. .".....~'ï~.: ~,ï:ì'"...~ITNESS my hand and seal the day and year last above written. f ,'\\,..... ....~.'.;':.\..

¡;:?...o'r ''' J-.... ii' \

i ,:,\)*; ~~~!)

~', LtcL d! 'm111Ll~ Notary pub1ic

~"""~/, 1. f, .. ~,''l,..",

. .... .."" My Commission Expires 'Yì rJi, Id, i i q '7'1

FILED:

December 9, 1975 at 1:31 P.M., recorded in Book 341, pages 3-4.

WOOi.."JN 8r GASAWAY

A'lI'J;'f!l..Ti.W io.coø.T ¡rIFTl'iitHH TI.JlS,OKL.l10MA

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STATE OF OKLAHOMA

ltg7~1

C E R T

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C A T E .".(1 c; :,¡:: 1 ;;. \~

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ss

COUNTY OF DELAWARE

The undersigned, of lawful age being first duly sworn does upon his oath depose and state as follows:

1. This Certificate is prepared for the benefit of

Gable, Gotwals, Rubin, Fox, Johnson & Baker; Jones , Givens, Brett, Gotcher, Doyle & Bogan; and Lawyers Title. Insurance Corporation.

2. I am a registered professional engineer and land

surveyor. 3. I hereby certify that the roadways located in Sections 7, 12, 13 and 18 in Township 23 North, Range 22 East, Delaware County, Oklahoma, then in existence as described in certain Warranty Deeds recorded in Book 268 at

Page 714, Book 271 at Page 732 and Book 273 at Page 29 of: the real estate records of Delaware County does not cross or encroach upon any of the lots. in Lakemont Shores & Bay Club including the following: West, East, South, Valley View, Dogwood, Hill top, Mobile Vista, Golf, Grand View, Hickory, Red Bud, Echo 1, Echo 2 Amended, Ponderosa Park and Chestnut Hills. I have personally inspec.ted the area and I am the registered professional engineer and land surveyor respònsible for the surveying and pla.tting of Ponderosa Park and Chestnut Hills.

d..."'::"",,,. DATED this ~ day of January,

1977 .

-,.

. .~~i;f,

,",---,--

,,,',,,."""

The foregoing instrur"ílt was acknowledged, subscribed and s\ýorn

to before me this ~ day of January, 1977, by JACK L. HOLT.

''Yß '"~i""i"n "pÜe" ~ ~ ~ j \ - C. 0 N tary Public fILED:

January 18, 1977 at 9: 01 A. M., recordedjn Book 352, page 821

.134

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AMENDED ARTICLES OF INCORPORATION OF

STUDEBAKER LAD CO. STATE OF

COUNTY OF

TO THE SECRETARY OF STATE, STATE OF OKLAHOl.1A: vie, the undersigned, R. EARL O'KEEFE, Pre,tUdent, and ~ .

L. L. CUW1INGS, Secretary, being persons le~ ally' competent to execute AMNDED ARTICLES OF INCORPORATION pursuant to the of the Business Corporation Act of the State

~ ~ . ~ . ~ '= 0) LO IJ I ...

of

~ Okirl:.a, do hereby execute the following Amendment of

~ n n ~rèi~ s of Incorporation of Studebaker Land Co. ·

=! ~ an~ ~ffirm that said Amendments were adopted in I.u a:

I

~

by said Act.

t: . ~ p r: ~ SQ , :,I ".JJW

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ARTI CLE ONE

The name of this Corporation shall be amended to

LTD LAND COMPANY The name of this Corporation was formerly Studèbaker Land Co. ARTICLE 'fì\lO

The address of the registered office of the Corporation in the State of Oklahoma shall be amended to:

735 First

National Building, Oklahoma City, Oklahoma, 73102, and the registered service agent shall be amended to The Corporation Company, 735 First National Building, Oklahoma City, Oklahoma,

73102.

.136

.-

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ARTICLE THREE

. No Amendment. ARTICLE FOUR No Amendment.

ARTICLE FIVE

J.

¿) ,

~

No Amendment.

ARTICLE SIX No Amendment.

ARTICLE SEVEN No Amendment.

ARTICLE EIGHT No Amendment.

ARTICLE NINE

No Are ndmen t . ARTICLE TEN No Amendment.

(1) The above amendments to Articles One and Two were

proposed by resolution of the Board of Directors on the ;A 3 ~ day of

~~ , 1976.

(¡

- 2 -

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(2) The above amendments were adopted by the stock-

holder of the Corporation on the ;¿.st: day of

c¡-/~

1976. ATTEST:

STUDEBAKER LAND CO.

BY~~

~ ".ì/ ../. ~../1-

',. -/

. -

, i.. :7 ~ -_.-l,I-~¿/-4¿ct"c..~ r;. - L. Currings //Secretary

R. Earl OIKeefe, President

/.~

(CORPORATE SEAL)

STATE OF

COUNTY OF

.The

~~ O~ was acknowledged before me this

forego~hg instrument

.,JnA.ßay of_~-//7J~ / 1976, by R. EARL O'KEEFE,

President behalf of

of STDDEBAKER LAND CO. / an Oklahoma corporation, on said Corporation.

-~~ fì /~ ,. / ~~4,Æ~ Notary ublic (/ I My ro~~ission Expires:

LIZ DAIJG HT:-Y, NOT M':Y PUBLIC

/ . /

in and For Potter County, l-iicls l

Jl--"~"':. (1/7 '? '1

::1'/,'f;' c¡: cii-i!.J,I;':;.~A

,

/1...--

LI:':L.E\i,~r~E CDU:"~TY )v~ : h:..:,:~:y c::rtjf\' tr~:: :.~::; fr::trL!nirT

*- ~~ / r¡

'.,;:~-:: r¡¡c!c fcr L2C:jj :!~;.: t~~i- .-

1976 DEC I 5 fii 9: 55

BOOr; 350_?....;.;,":_G - 7 - ?f - c¡

0\' :!-ÁA ~~ ¿~

. S.ê.r-1 rJLlD.:, CC;J.-,:y Cier;,

---"~ 7 (j e put Y

FILED: December 15, 1976 at 9:55 A. M., recorded in Book 352, pages 6-9.

- 3 -

138

TERMINATION AGREEMNT

~'1~

,".'~i; ~; i ..' ..~. J ...,?nl

THIS TERMINATION AGREEMNT is madepnd entered into this ~;ït1 day of November, 1976, by and between LTD LAND COMPANY, an Oklahoma corporation, formerly Studebaker Land Co~pany, a/k/a Studebaker Land Co., Inc" hereinafter referred to as "LTD", and SOU?in~STERN INVSTMENT COMPANY, a Texas corpora-

tion, hereinafter referred to as "SIC". -

In consideration of their mutual covenants and agreements herein contained and for other Good and valuable considerations the receipt and sufficiency of ~hich are hereby acknowledged, the parties do hereby terminate two agreements entitled "Agreement of Integral Engac¡ements" between LTD and SIC being dated

Mach 14, 1974, and recorded March 14, 1974, in Book 325 at

Pages 413-418 of the real estate records of Delaware County and dated March 18, 1974, and recorded February 25, 1975, in Book 333 at Pages 73-80 of the real estate records of Delaware County. The termination of L~e Agreements shall not affect any of the rights or obligations of either party to said Agreements accru~g prior to this date. Any and all provisions regarding

, notI..~ J .jre hereby waived.

..-; \, .:..._....,~ "/p "'. ~.":;.7:: ::= Clt!.;':lG:..i:~

. / '; .ÁTTEST:....~/:..,- . LTD LA COMPAN

. ';' :~':'~:F;1~ ~ ~~'~~Ht;~~t~~~~".,.

f~(~~~::~.¿~ -~A- './ :: . '.' :.X-" :: ~ J'. ß~" :r #g~ J:d: ,?

,,!! c), '-:r . -.;;;. \..,..... .......~. ~~~~ ,.-' By/Secretary dÆa.~u~~5"\ .., v '-~":-ft-SiaPni:;~:5i' Del .'.;~"~' :""" ,~ ,\~.\,,\,,, SEA) 5,.. .'-__.....' ...,./ ...~ (COR:ÖRATE , .' '-, .

LJ';?Ltï ir

" '~ \: .1 ¿ " " SOUTHWSTERN INVSTMNT U ,~:ATTEST-:~ t:, COMPAN

.... li;.. ~~..: ;JC:".'";': .~ -/ ~~~~ .:- . .

:," tl)'...

.' ~ : ;,7''' :

I. ~:.

" '"-- \, 1 :' ".... ~

;'¡ 0.. ..-.~ ,-

\~ J" (C0!UORA'Ìi"'SEALl -', ~ ,.:;'~7- /.~/ STATE: OF -.-O ,AHFß.

/?~.i

t~ry __

By

~1. ~resident

55

/..-r d /J? /J ."

. COUNY OF D:&L.~

The foregoing instrument was acknowledged before me this

~ ay of November, 1976, by /y, "'"1.-11' /"/K"-,,/..- ,

~~

Preê~d~nt of LTD Land Company, an Oklahoma corporation, on be-

.,SJ-f':-ø£ .~aid corporation.

-0') ..' l';f~"::' -' t-_ ......~\\. _"t,., .-:

Notary P lic

\:: \!-y conii~s16n Expires: '.~.. ". ¿ - .. ,-- í97f/

,/ :ß~..L7

'"/;: ':;:'/"':'::-(;', ' .' ""i,.~.,: i\ S -- ..... .,...,.u.......

STATE OF TEXAS

as

COUNTY OF /t7r-f The foregoing instrument was acknowledged before me this

/..:t day of November, 1976, by ¡,J ¿ /~p-C "... · President of Southwestern Xnvestment Companý, a Texas corporation, on behalf of said.:..::.orpoTa,~,~(,m.

;~;( ,\&~.~_?~ / Æ~~~r-/~

, Notlry . My Commission Expires r.. :-:. ". Public

/¿¿?(t' / /l: ~? . ',';'. '. ......,.:

Filed: Janua:a 12tl1, 1977 at ljl.\1\':~'I1. recorded in Book 352 Page 702

;/

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l.'."! ,. 1.1 II. :. C!.; d

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,:).,).' . ___ ' -:i'.3-,)4+

i c __ r,:-:lQ;~'(ÙÉCLARATION OF COVENANTS AND RESTRICTIONS

::::~i)()/ilU1JL~tCLAHATION' made this /3t1 day of r~-' 19~7, by SOUTHWESTERN INVESTHENT COMPANY, a corporation (sue. cessor by statutory merger 'to LTD Land Company, an Oklahoma

corporation), hereinafter called Developer.

WIT N E SSE T H: WHEREAS, Developer is the owner of the real property described in Article II of this Declaration and desires to create thereon a res idential community with permanent parks, playgrounds,

open spaces and other cornon facilities for the benefit of the

s aid community; and WHERFAS, Developer desires to provide for the preservation of the values and amenities in said community and for the maintenance of said parks, playgrounds, open spaces and other common facilities; and, to this end, desires, to subject the real pro-

perty described in Article II together with such additions as

may hereafter be made thereto (as provided in Article II) to the covenants, res'trictions, easements, charges and liens,

hereinafter set forth, each and all of which is and are for the

benefi t of said property and each owner thereof; and WHEREAS, Developer has deemed it desirable, for the efficient preservation of the values and amenities in said community,

to create an agency to which should be delegated and assigned the powers of maintaining and administering the community properties and facilities and administering and enforcing the covenants and restrictions and collecting and disbursing the assessments and charges hereinafter created; and

/

WHREAS, Developer has, incorporated under the laws of tiie State of Oklahoma, as a nonorofi t corporation, LAKEMONT SHORES

PROPERTY OWNERS ASSOCIATION, INC., for the purpose of exercising the functions aforesaid;

NOW, THEREFORE, the Developer declares that the real property described in Article II, and such additions thereto as

may hereafter be made pursuant to Article II hereof, is and

.~ ¿~,': ¡ ,~ i "-"

--..~-"tL..

"--,-,,,;,

~r;;

Declaration. . . page 2

..~ ,:i? ".\;; 8 2,1:

shall be held, transferred, sold, conveyed and occupied subject to the covenants, restrictions, easements, charges and liens (sometimes referred to as "covenants and restrictions") herein-

after set forth. ARTICLE I

Defini tiQns Section i. The following words when used in this Declaration or any Supplemental Declaration (unless the context shall prohibi t) shall have the following meanings:

(a) "Association" shall mean and refer to Lakemont Shores Property Owners Association, Inc.

(b) "The properties" shall mean and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

(c) "Common Properties" shall mean and refer to those areas and improvements designated by the Developer as Common Properties and intended to be devoted to the

common use and enjoyment of Owners of The Properties but

only after the same have been conveyed to the Association as and when required by Section 2 of Article iv.

(d) "Lot" shall be the numbered lots or numbered and lettered lots in the numbered blocks as shown on any recorded subdivision plat of The Properties.

(e) "Living Unit" shall mean and refer to any portion of a building situated upon The Properties designed and intended for use and occupancy as a residence by a single

family. (f) "Multifamily Structure" shall mean and refer to

any building containing two or more Living Units under one roof except when each such Living Unit is situated upon its own individual Lot.

- 2 -

.. 7¡

," ('#;~ i.

ß,:~"::'_"" ...' .".

."),)., _.....l'

Declara tion. . . page 3 (g) "Owner" shall mean and refer to the record owner, whether one or more persons or entities, of the

/'-~

fee si~ple title to any Lot or Living Unit situated upon The Properties but, notwithstanding any applicable theory

of the mortgage, shall not mean or refer to the mortgagee unless and until such mortgagee has acquired title pursuant to foreclosure

or any proceeding in iieu of fore-

closure. (h) "Member" shall mean and refer to al.l those

Owners who are members of the Association as provided in Article III, section 1, hercof. ARTICLE II

Property subject to this Declaration: Addi tions Thereto

section 1. EXISTING PROPERTY. The real property which is, and shall be, held, transferred, sold, conveyed and occupied subj ect to this Declaration is located in DELAWARE COUNTY, STATE

OF OKLAHOMA, and is more particularly described as Ponderosa Park and Chestnut Hills subdivisions according to the recorded plats thereof, all of which real property shall hereinafter be referred to as "Existing Property".

Section 2. ADDITIONS TO EXISTING PROPERTY. Additional lands may become subj ect to this Declaration in the following

manner: (a) Lots in Allyson Acres - East, West, South, Oaks, Valley View, Dogwood, ~Iobile vista, Hilltop, Golf, Grand

View, Hickory, Red Bud, Echo 1 and Echo 2 Amended Additions and The Estates (according to the recorded plats thereof)

all in Delaware County, Oklahoma, may be subjected to and be entitled to the benefits of this Declaration and membership in the Association; provided, however, that the

Developer's prior written consent shall be required and an

- 3.-

1 ,1 '~-I ~~ :....

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Declaration.. .page 4

instrument bearing such consent and sufficient in all

respects to subject the property to this Declaration and all of the obligations of the Association shall be rei)..'

~

corded wi-th the real estate records of Delaware County,

Oklahoma. (b) The Deveioper, its successors and assigns shall have the right to bring wi thin the scheme of this

Declaration additional properties in future stages of -the development, provided that such additions are

generally in accord with the scheme of development as determined by the Developer.

Such general scheme shall not bind the

Developer, its successors and assigns to make the proposed additions or to adhere to the plan in any subsequent development of the land shown thereon.

The additions authorized under this and the

succeeding subsections, may be made by filing of record a Supplement

to this Declaration or a Supplementary

Declaration of Covenants and Restrictions or a deed with respect to the additional property which shall extend the scheme of the covenants and resiorictions of this Declara-

tion to such property.

Such supplementary declaration may contain

such complementary additions and modifications of - the covenants and restrictions contained in this Declaration as may be necessary to reflect the different character,

if any, of the added properties and as are not incon-

sistent with the scheme of this Declaration. In no event, however, shall such supplementary declaration rnvoke, modify or add to the covenants established by this Declaration wi thin the Existing Property

(cl Other Additions. Upon approval in writing of the Association pursuant to a vote of its members as

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Declaration.. .page 5

. . ~,J I

provided in its Articles of Incorporation and the

Developer, the Owner of any property who desires to add

..

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it to the scheme of this Declaration and to sub:iect it

~ to the jurisdiction of the Association, may file of record a Supplement to this Declaration or a Supplementary

Declaration of Covenants and Restrictions, as described

in subsection (b) hereof. (d) Mergers. Upon a merger or consolidation of the Association with another association as provided in

its Articles of Incorporation, its properties, rights and obligations may, by operation of law, be transferred to another surviving or consolidated association or, alter-

natively, the properties, rights and obligations of another association may, by operation of law, be added to

the properties, rights and obligations of the Association

as a surviving corporation pursuant to a merger. The surviving or consolidated association may administer the

covenants and restrictions established by this Declaration wi thin the Existing Property 'together with the covenants

and restrictions established upon any other properties as

one scheme. No such merger or consolidation, however, shall effect any revocation, change or addition to the

covenants established by this Declaration within the Existing Property except as hereinafter provided. ARTICLE III MEI1BERSHIP AND VOTING RIGHTS IN THE ASSOCIATION

/ .,Section 1. CHARTER MEMBERSHIP. Every person or legal entity who purchased a fee, or ùndivided fee, interest in a lot in Lakemont Shores development (excluding Ponderosa Park and Chestnut Hills and all future additions) prior to February 1

, 1977, shall be Charter Members of the Associa-

tion so long as they shall be record owners of a fee, or

undivided fee, interest in any such lot. For charter membership purposes only, "record owner" shall include those who have

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Declaration.. .page 6

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purchased on a contract for deed from the Developer. However, the annual assessment applicable to such Charter Member shall

,l,~

be the Twen.ty-four and no/lOa Dollars ($24. 00) per year per lot upkeep and beautification charge set forth in the applicable

recorded restrictive covenants. Owners in East and West Addi-

tions must pay the Twenty-four and no/10 a Dollars ($ 2 4.0 0) per lot charge to be entitled to membership. In the event that such annual assessment is not paid timely (time is of the essence),

such Charter Membership shall terminate automatically and without

notice. If any Charter Member wishes to rejoin the Association, he must do so only by becoming a Regular or Associate Member by adding his Lot to this Declaration and shall thereby become obligated to pay the full Regi-lar Membership annual assessment.

Charter Members shall be entitled to all of the privileges of a member except until they have paid in full for the purchase

price of the Lot they shall not be entitled to vote in the election

of directors or otherwise. Rescission or termination of a contract of purchase, contract for deed, note or mortgage or other purchas2

agreement shall terminate the Charter Membership. A Lot or Living Uni t shall not be considered fully paid until the contract for

purchase, contract for deed, promissory note and mortgage or

other purchase agreement shall be fully satisfied. Charter Members are limited to those persons or legal entities that own, of record, 'on

February 1

, 1922, a fee, or undivided fee,

interest in a Lo.t. Subsequent record owners of a fee, or undivided fee, interest in such Lots are not entitled to Charter Membership and

shall be required to become Regular or Associate Members if they ,.,is'to enjoy the use of the common facilities of the Association. If such subsequent record owners do not choose to become Regular or Associate l1embers, they are still required ~ù pay the Twentyfour and no/lOa Dollars ($24. 00) per lot per year upkeep "~¿

beautification fee to the Association which fee shall be used for road maintenance and general beautification of Lakemont Shores

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Declaration.. .page 7

but will not be used for maintenance of the common facilities.

In order to become a Regular or Associate Member, the record owner

i

~~~ a fee, or undivided fee, interest shall' be required to add the

su~ject Lot to this Declaration and shall thereby become obligated

to pay the full Regular Membership Annual Assessment. Charter Members may be excluded from enjoyment of the use of the common facilities that were not proposed at the time that such Charter Member purchased his, her or its Lot.

section 2. REGULAR MEMBERSHIP. The Deveioper, its successors and assigns, shall be a Regular Member of the Association so long as it shall be the record owner of a fee, or an undivided fee, interest in any Lot or Living Unit, which is subject by covenants of record to being assessed by the Association (ineluding but not limited to Lots and Living Units in Ponderosa

Park and Chestnut Hills and all future additions to Lakemont Shores) even though such assessment has not yet commenced, and

the Developer shall also be a Regular Member until it has been paid in full for every such Lot or Living Unit which it shall sell. Also, every person or enti ty who is a record owner of a fee, or undivided fee, interest in any Lot or Living unit which is subject by covenants of record to this Declaration and to

being assessed by the Association, and who shall have paid the

Developer in full for the purchase price of the Lot or Living Unit and who is not a Charter Member shall be a Regular Member of the Association, provided that any such person or entity (except the Developer) who holds such interest merely as

sec~i ty for the performance of an obligation shall not be a

mern~-r. Section 3. ASSOCIATE MEMBERSHIP. Every person or entity who has entered into a contract of purchase with the Developer covering a Lot or Living Unit which is subject by covenants

of record to being assessed by the Association and who has not paid the Developer in full for the purchase price of the Lot or

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Declaration.. .page 8

Living unit shall be an Associate Member of the Association.

An Associate Member shall be entitled to all of the privileges of a member except the right to vote in the election of directors, or otherwise,,:, Rescission of a contract of purchase by Developer

~

for any reason shall terminate the Associate Membership.

Section 4. VOTING RIGHTS. There shall be only ,tlo classes of voting memberships:

Class A. Class A members shall be all those persons or entities as defined in Sections 1 and 2 hereof, with the exception of the Developer, who have paid ,the Developer in full for the purchase price of the Lot or Living Unit. Class A members (except as restricted herein) shall be entitled to one vote for each Lot or Living Unit in which they hold the interests required for membership by sections 1 or 2 hereof. When more than one person holds such interest or interests in any Lot or Living Uni t, the vote for such Lot or Living Unit shall be exercised as they among themselves determine; but in no event shall more than one vote be cast with respect to any such Lot or

Living Unit.

Class B. Class B member shall be the Developer. The Clas s B member shall be enti tIed to ten votes for each Lot or Living unit of which it is the record owner and which is subject by covenants of record to being assessed by the Association until it shall have ceased to be record owner of the Lot or Living unit and shall have been

paid in full for such Lot or Living unit. The Developer shall continue to have the right to cast votes as aforesaid (ten votes for each Lot or Living unit) even though it may have contracted to sell the Lot or Living unit or may have same under a mortgage or deed of trust. For purposes of determining the votes allowed under this Section, when Living Units are counted, the Lot or Lots upon which such Living units are situated shall not be counted.

ARTICLE IV PROPERTY RIGHTS IN THE COMMON PROPERTIES

Section 1. MEMBERS' EASEMNTS OF ENJOYMENT. Subj ect to the provisions of Section 3 and ~xcept as provided elsewhere

herein, every Member shall have a right and asement of enjoyment in and to the Commo!' Properties and such easement shall

be appurtenant to and shall pass with the title to every Lot or Living Uni to

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Declaration.. .page 9

~-l (. .l ..': .~~, j~.,. ~', c :.

Section 2. TITLE TO COMMON PROPERTIES. The Developer may retain the legal title to the Cornon Properties until such time

,l

as it has completed improveme~~ thereon and until such time as, in the opinion of the Developer. the Association is able to maintain the same but, notwithstanding any provision herein, the Developer .hereby covenants, for itself, its successors and

assigns that it shall convey the Cornon Properties to the Association, free and clear of all liens excepting only those liens

approved by the Association not later than that point in time

when ninety percent (90%) of all of the lots in Lakemont Shores (including Existing Property and all additions thereto) have been sold and the purchase price fully paid.

Section 3. EXTENT OF MEMBERS' EASEMENTS. The rights and easements of enjoyment created hereby shall be subject to t~e

following: (a) The right of the Developer and of the Association, in accordance with its Articles and Bylaws, to borrow money for the purpose of improving the Common Properties

and in aid thereof to mortgage said properties. In the event of a default upon any such mortgage the lender's

rights hereunder shall be limited to a right, after taking possession of such properties, to charge admission and other fees as a condition to continued enjoyment ti the

Members and, if necessary, to open the enjoyment of such properties to a wider public until the mortgage debt is satisfied whereupon the possession of such properties

shall be returned to the Association and all rights of the Members hereunder shall be fully restored; and

(b) The right of the Association to take such steps as are reasonably necessary to protect the above-

described properties against foreclosure: and

(c) The right of the Association, as provided in its Articles and Bylaws, to suspend the enjoyment rights

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332

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Declaration.. .page 10

of any Member for any period during which any assessmen t

remains unpaid, and for any period not to exceed thirty (30) days for any infraction of its published rules and regulations; and

(d)

/',

The right of the A~sociation to charge reason-

able aàiission and other fees 'for the use of the, ,Common

properties; and

(e) The right of the Association to dedicate or transfer all or any part of the Common Properties to any public agency, authority or utility for such purposes

and subject to such conditions as may be agreed to by the Members, provided that no such dedication or trans fer,

determination as to the purposes or as to the conditions

thereof, shall be effective unless an instrument signed by Members entitled to cast two-thirds (2/3) of the votes of each clas s of membership has been recorded, agreeing to

such dedication, transfer, purpose or condition, and unless wri,tten notice of the proposed agreement and action

thereunder is sent to every Member at least ninety (90) days in advance of any action taken.

ARTICLE V COVENANT FOR MAINTENANCE' ASSESSMENTS

Section 1. CREATION OF THE LIEN AND PERSONAL OBLIGATION

OF ASSESSMENTS. The Developer for each Lot and Living Unit owned by it within The Properties hereby covenants and each ~'ner of any Lot or Living Unit by acceptance of a deed therefor,

whether or not it shall be so expressed in any such deed or other conveyance, be deemed 'to covenant and agree to pay to the Associa-

tion:

(a) annual assessmen'ts or charges; (b) special assessments

for capital improvements, such assessmen'tsLo be fixed, established and collected from time to time as hereinafter provided.

The annual and special assessments, together with such interest

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Declaration.. .page 11

thereon and costs of collection thereof as hereinafter provided,

shall be a charge on the land and shall be a continuing lien upon

the property against which each such assessmeQt is made. Each

l,

such assessment, together with such interest t'l~reon and cost of collection thereof as hereinafter provided, shall also be the personal obligation of the person who was the Owner of such property at the time when the assessment fell due.

Section 2, PURPOSE OF ASSESSMENTS. The assessments levied by the Association shall be used exclusively for the purpose of promoting the recreation, health, safety and welfare of the residents in The Properties and in particular for the improve-

ment and maintenance of properties, services and facilities devoted to this purpose and related to the use and enjoyment of the Common Properties and of the homes situated upon The Pro-

perties, including, but not limited to, the payment of taxes and insurance thereon and repair, replacement and additions thereto, and for the cos t of labor, equipment, materials, management and

supervision thereof. Section 3. BASIS AND MAXIMUM OF ANNUAL ASSESSMENTS. Until the Developer's interest in the Beach, Boat Ramp, Picnic

Area, Swimming Pool, Heated Fishing Dock, Boat Marina, Tennis Courts, Clubhouse, Teen Center and Athletic Park have been conveyed

to the Association, the Members shall pay assessments

to the Developer of Five and no/lOa Dollars ($5.00) per month (subj ect to increase by the Developer, but not to exceed Ten

and no/lOa Dollars ($10. 00) per month) to be used by the Developer for purposes similar to the purposes of the Associa-

tion but as the Developer shall determine. The Developer shall be entitled to enforce the payment of such assessment to it in the same manner and with the same remedies as the Association

may. After the conveyance of the Developer i s interest in the

above-identified facilities and areas, the annual assessment

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Declaration. . . page 12

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payable to the Developer shall cease and the annual assessment to the Association shall be Five and no/100 Dollars ($5.00) per

month and may be increased by vote of the Members, as herein

,~ provided, but not to exceed Ten and no/lOO Dollars ($10.00) ¡j£er

month. The Deveioper reserves the right to, at Developer ',s discre-

tion, reduce, increase or otherwise alter the. per-lot annual assessment with respect to Lots selected by .the Developer.

However, the annual assessment shall not be reduced to less

than Twenty-four and no/lOO Dollars ($24.00) per lot per year

nor shall it be increased to exceed One Hundred Twenty and no/IOO

Dollars ($120.00) per lot per year. Such Lots may be designated from time to time by the Developer by recording such designation,

including the applicable annual assessment rate, with the real estate records of Delaware County.

Section 4. CHANGE IN BASIS AND MAXIMUM OF ANNUAL ASSESSMENTS. Subj ect to the limitations of section 3 hereof, and for the periods therein specified, the Association may change the

maximum and basis of the assessments fixed by Section 3 hereof prospectively for any such period provided that any such change

shall have the assent of two-thirds (?/3) of the votes of each class of Members (excluding the Developer) who are voting in person or by proxy, at a meeting duly called for this purpose, wri tten notice of which shall be sent to all Members at least .thirty (30) days in advance and shall set forth the purpose of

the meeting, provided further that the limitations of section 3

heréof shall not apply to any change in the maximum and basis of the assessmen.ts undertaken as an incident to a merger or con-

solidation in which the Association is authorized to participate under its Articles of Incorporation and under Article II, section 2, hereof.

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L__

Declaration.. .page 13 :,':::) Section 5. QUORUM FOR ANY ACTION AUTHORI ZED UNDER

SECTION 4. The quorum required for any action authorized by

section 4 herp~f shall be as follows: At the first meeting called, as provided in Section 4 hereof, the presence at the meeting of Members, or of proxies,

entitled to cast sixty percent (60%) of all the votes of each

class of membership shall constitute a quorum. If the required quorum is not forthcoming at any meeting, another meeting may be called, subject to the notice requirement set forth in section 4, and the required quorum at any such subsequent meeting shall be one-half (1/2) of the required quorum at the preceding meeting, provided that no such subsequent meeting shall be held more than sixty (60) days following the preceding meet-

ing. section 6. DATE OF COMMENCEMENT OF ANNUAL ASSESSMENTS:

DUE DATES. The annual assessments ~rovided for herein shall cænmence on the date (which shall be the f.irst day of a month)

fixed by the Board of Directors of the Association to be the date of cow~encement.

The first annual assessments shall be made for the balance

of the calendar year and shall bècome due and payable on the day

fixed for commencement. The assessments for any year; after the first year,' shall become due and payable on the first day of March of said year.

The amount of the annual assessments which may be levied for the balance remaining in the first year of assessment shall

be an amount which bears the same relationship to the annual assessment provided for in relationship to the annual assessment provided for in Section 3 hereof as the remaining number of months

in that year bear to twelve (12). The same reduction in the amount of the assessment shall apply to the first assessment levied against any property which is hereafter added to The

Properties now subject to assessment at a time other than the beginning of any assessment period.

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Declaration.. .page 14

Section 7. DUTIES OF THE BOARD OF DIRECTORS. The Board of Directors of the Association shall fix the date of commencement and the amount of the assessment against each Lot or Living Unit for each assessment period of at least thirty (30)

days in advance of such date or period and shall, at that time,

prepare a roster of The properties and assessments applicable

thereto which shall be kept in the office of the Association and shall be open to inspection by any Owner.

wri tten notice of the assessment shall thereupon be sent to every Owner subj ectthereto.

Section 8. EFFECT OF NONPAYMENT OF ASSESSMENT: THE PERSONAL OBLIGATION OF THE OWNER; THE LIEN; REMEDIES OF

ASSOCIATION. If the assessments are not paid on the date when due (being the dates specified in Sec.tion 6 hereof) i then such

assessment shall become delinquent and shall, together with

such interest thereon and cost of collection thereof as hereinafter provided. thereupon become a continuing lien on the pro-

perty which shall bind such property in the hands of the then Owner. his heirs. devisees, personal representatives and

assigns. The personal obligation of the then Owner to pay such assessments, however, shall remain his personal obligation for the statutory period and shall not pass to his successors in title unless expressly assumed by them.

If the assessment is not paid within thirty (30) days

after the delinquency date, the assessment shall bear interest from the date of delinquency at the rate of ten percent (10%)

per annum, and the Association may bring an action at law against

the ower personally obligated to pay the same or to foreclose the lien against the property, and there shall be added to the

amount of such a~ 2ssment the costs of preparing and filing the complaint in such action, and in the event a judgment is obtained, .such judgment shall include interest On the assessment as above

provided and a reasonable attorney's fee to be fixed by the court

together with the costs of the action. - 14 -

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Declaration. . . page 15

Section 9.

SUBORDINATION OF THE LIEN TO MORTGAGES.

The lien of the assessments provided for herein shall be subordinate to the lien of any mortgage or mortgages now or hereafter placed upon The Properties subject to ~"sessment; provided,

however, that such subordination shall apply only to the assessments which have become due and payable prior to a sale or transfer of such property pursuant to a decree of foreclosure, or any

other proceeding in lieu of foreclosure. Such sale or .transfer shall not relieve such property from liability for any assess-

ments thereafter becoming due, nor from the lien of any such subsequent assessment.

Section 10. EXEMP~ PROPERTY. The following property subject to this Declaration shall be exempted from the assess-

ments, charge and lien created herein:

(a) all properties to

the extent of any easement or other interest therein dedicated and accepted by the local public authority and devoted to public use; (b) all Common properties as defined in Article I, Section 1, hereof both prior to and after conveyance to the Association; (c) all properties exempted from taxation by the laws of the

State of Oklahoma, upon the terms and to the extent of such legal exemption.

Notwithstanding any provisions herein, no land or improvements devoted to dwelling USe shall be exempt from said assessments, charges or liens.

ARTICLE VI ARCHITECTURAL CONTROL COMMITTEE

Section 1. REVIEW BY COMMITTEE. No building, fence, wall or~ other structure shall be commenced, erected or maintained upon

The Properties, nor shall any exterior addition to or change or alteration therein be made until the plans and specifications

showing the nature, kind, shape, height, materials and location of the same shall have been submitted to and approved in writing as to harmony of external design and location in relation to surrounding structures and topography by the Board of Directors - 15 -

.154

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Declaration. . . page 16

of the Association, or by an architectural committee composed of

three (3) or more representatives appointed by the Board. In the event said Board, or its- designated committee, fails to approve

or disapprove such design and location within thirty (30) days after said plans and specifications have been submitted, to it,

or in any event, if no suit to enjoin the addition, alteration or change has been commenced prior to the completion thereof,

approval will not be required and this Article will be deemed to have been fully complied with.

Section 2. Unless otherwise designated or permi t-ted in the applicable restrictive covenants all Lots are hereby restricted to single family, permanent structure residential - use.

Section 3. No building, fence, wall or other structure shall be commenced, erected or maintained upon The Properties,'

nor shall any exterior addition to or change or alteration

therein be made, nor shall any individual sewage disposal system be commenced, constructed or maintained upon The Properties,

until the plans and specifications showing all detail of the same shall have been submitted to and approved in writing by the Board of Directors of the Association, or by an architectural committee and all of -the same shall comply with the_ laws of the

State of Oklahoma, these Declarations, the applicable restric-tive covenants and the National Building Code, as it may be

amended from time -to time. All inspections, requirements and approvals by the Association shall be for the purpose of pro-

tecting its rights and the integrity and aesthetics of Lakemont Shores and shall not be for the purpose of protecting the indi-

vidual lot owner. The individual lot owners are not entitled to rely upon any such inspections, requirements or approvals

and shall and are hereby notified to obtain separate an~ lnde-

pendent inspection and reviewing services.

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Declaration.. .page 17

ARTICLE VII

EXTERIOR MAINTENANCE

Section i. EXTERIOR ~mINTENANCE. In addition to maintenance upon the Common Properties, the Association may at the

request of the Owner provide exterior maintenance upon each Lot and Living Unit which is subject to assessment under Article V

hereof, as follows: paint, repair, replace and care for roofs, gutters i downspouts, exterior building surfaces i trees, shrubs i

grass i walks and other exterior improvements.

Section 2. ASSESSME~l OF COST. The cost of such exterior maintenance shall be assessed against the Lot or Living Unit upon which such maintenance is done and shall be added to and become part of the artnual maintenance assessment or charge to

which such Lot or Living unit is subject under Article V hereof and i as part of such annual assessment or charge, it shall be

a lien and obligation of the Owner and shall become due and

payable in all respects as provided in Article V hereof. Provided that the Board of Directors of the Association, when establishing the annual assessment against each Lot or Living Unit for any assessment year as required under Article V hereof i may

add thereto the estimated cost of the exterior maintenance for that year but shall, thereafter, make such adjustment with the

Ower as is necessary to reflect the actual cost thereof. Section 3. ACCESS AT REASONABLE HOURS. For the purpose solely of performing the exterior maintenance authorized by this

Article i the Association, through its duly authorized agents or employees i shall have the right, after reasonable notice to the

Owner, to enter upon any Lot or exterior of any Living Unit at reasonable hours on any day except Sunday. ARTICLE VIII

GENERA PROVISIONS Section l. DURATION. The covenants and restrictions of this Declaration shall run with and bind the land, and shall

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Declaration.. .page 18

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inure to the benefit of and be enforceable by the Association,

or the OWner of any land subject to this Declaration, their oJ.,

~

respecti ve legal representatives, heirs, successors and

assigns for a term of twenty (20) years from the date this

Declaration is recorded, after which time said covenants shall

be automatically extended for successive periods of te~. (10) years unless an instrurentsigned by the then-OWners of twothirds (2/3) of the Lots or Living Units has been recorded,

agreeing to change said covenants and restrictions in whole or

in part. For purposes of meeting the two-thirds (2/3) requirement, when Living units are counted, the Lot or Lots upon which

such Living Units are situated shall not be counted. Provided, however, that no such agreement to change shall be effective unless made and recorded three (3) years in advance of the effective date of such change, and unless written notice of the proposed agreement is sent to every OWner at least ninety (90) days in advance of any action taken.

Section 2. NOTICES. Any notice required to be sent to any Member or OWner under the provisions of this Declaration shall be deemed to have been properly sent when mailed 1 post-

paid, to the last known address of the person who appears as

Member or Onwer on the records of the Association at the time of such mailing.

Section 3. WATER AND SEI'/ER. Individual water wells upon lots are prohibited and all lot owners are required to obtain

their water supply from the central water- system. Prior to commencement of construction of an individual sewage disposal

system, the requis i te permit must be obtained by the lot owner and shown to the l\rchi tectural Control Corni ttee. The l\rchitectural Control Corni.ttee shall be notified when const:. elction

begins and be afforded an opportunity to view the construction a$ it progresses. Cons.truction, maintenance, operation and abandonment must comply with all applicable laws and regulations.

- 18 -

J

51

Declaration.. .page 19

:i,'-'

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Section 4. As used herein and in the Covenants and Restrictions applicable to the several additions covered hereby,

,/',~

the following terms shall have the following meanings:

(a) Lot line -- any boundary of a lot.

(b) Front lot line -- the boundary of a lot which abuts a public s'treet. Where the lot abuts more than one street, the owner may select the front lot line.

(cl Rear lot line -- the boundary of a lot which is most distant from and most nearly parallel to the

front lot line. (d) Side lot line -- any boundary of a lot which

is not a front lot line or a rear lot line. (e) Setback -- a horizontal distance determining the location of an improvement with respèct to a street.

(f) B/L -- building line which includes setbacks

and yards. (g) Yard __ an open, unoccupied space on a lot bebieen an improvement and a lot line. (h) Front yard -- a yard eJ(tending along the full

length of the front lot line between the side lot lines.

(i) Rear yard -- a yard extending along the full, length of the rear lot line between the side lot lines.

(j) Side yard -- a yard extending along a side lot line between the front yard and the rear yard.

section 5. If in conflict herewith, the Covenants and Restrictions applicable to the several additions covered by

these Declarations shall control. section 6. ENFORCEMENT. Enforcement of these covenants and restrictions shall be by any proceeding at law or in equity by the Association, any Member or the Deveioper against any

person or persons violating or attempting to violate any covenant or restriction, either to enforce the covenants, to restrain

violation or to recover damages, and against the land to enforce

- 19 -

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Declaration. .page 20

any iien created by these covenants; and failure by the Association or any OWner or the Developer to enforce any covenant or

restriction j~rein contained shall in no event be deemed a waiver

~

of the right tò. do so thereafter.

section 7. SEVERABILITY. Invalida.tion of anyone of these covenants or restrictions by judgment or court order shall in no wise affect any other provisions which shall remain in full

force and effect. SOUTHWESTERN INVESTMENT COMPANY, a corporation

,'" 1.'¡;.ir¡;ST':, . _\c. .....h... ci'!¡......./

By -t! /6 f""?iC,o,

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~;l vJ:" rl'~~) : ~:. J .. Secretary .;¡~ '"o'''....~) 0.: ': 0:/:.... (CO~l.oRA:rE SEAL)

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STATE OF

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COUNTY OF

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. ./. day The foregping ins.trumentwas befor% /1';". of ,1",.-'''''''( , 1922, byacknowi1edge;ì t.,;. :V,/;(\/ ~)

me this

..¡:.o-y, cj~ (/ 'j i President of SOUTHWESTERN INVEST-

MENT,.c-o.R,ORATION, a corporation i on behalf of said corporation. .' 1\ llJ ).' J\./""

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Notary pubN:ic

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";¿,;:rAy..~~l.~/?n Expires:

',I:)fl:~~";' /'!~'r/

FILED: January 18,1977 at 9:04 A. M., recorded in Book 352, pages 823-842

- 20-

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19G1 AUG 31 !'I i:,' 2f

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\!1l£ ~I(lt£ 111 il£X¿15 SECRETARY OF STATE

IT is HEREBY CERTIFIED, tha t Articles Qf Incorpora tion of SOUTIH'7STERN INVEST11ENT CmlPANY '-"ere filed in this of fice

and a certificate of incorporation was issuen on April J 0, 1930; IT is FURTHER CERTIFIED, that SOUTHWESTERN ItNESH1ENT COIIPANY,

a Texas corporùtioDr filed articles of merger on October la, 19PO merging into SOUTHWEST BENEFICIAL FINANCE, INC., an Illinois CQr-

porc'tion. IT is fURTHER CERTIFIED, that SOl.'Tln'IEST BENEFICIAL FINl;liCE, INC., an Illinois cnr;Jorntjon is ~utliori7e~ to tr~nsRct ~usiness in Te;.:as.

~/:: ~\ c_-l

IN TESTIMONY WHEREOF, i naY, n'''"M'O JÍ~ned my name (lfliciaJly and cauJtd 10 br ;m-

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/(~,"

p;rJJr:d Ji~r,-on rlir slal of Stair a1 m.,,' offa in , :.

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da.. 0.'.__._____.__-___.____.____... A. D 19 _.____

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FI LED:

25 AUGus~ 81

tn' Cry ri.r AU.Hin. this

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5eCTclar' of Slalr (/

August 31, 1981 at 10: 28 A. M. recordeC in Book 420; page

.160

106

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!',......:..: .~ (7f L-,\H ¡JìVL~ UJ¡:I!~¡;r:il.1íï,itll ~no~

409 PAG, 518

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WARRATY DEED, /:IL;,:: ~,~ ' ";:,;~J31 '. .~~.'~_ij

KNOW ALL MEN BY THESE PRESENTS: That SOUTHWEST BENEFICIAL FINI\NCE, INC., successor by merger to SOUTHWSTERN INVESTMENT COMPAN, a

corporation, of the county of Po.tter, Sta.te of Texas, party of the

first part, for and in consideration of the sum of TEN AN NO/IDD DOLLARS ($10.00) and other good and valuable ~onsiderations, in hand paid, the receipt of which is hereby actnowledged, does hereby grant, bargain, sell and convey unto LINDA K~ CARTER-Sole Owner 1211 West Canadian, Vinita, Oklahoma 74301 .

* a- -:¡i-n -'-e-s -a -n "" "~ -i-n -c,. "'1= --c -r-i-i: -ofs--vi-vi-p,. -c -wI-e -e -t-o -v -i-n -'-h -srvi~ -i-n ~

oJ =t -o-h -of- -ei-t-hr-, * party (ies) of the second part, the foiiow~

ing described real property and premises situated in the County of Delaware, State of Oklahoma, to-wit:

Lot 7 in Block 2 of East Addition of Lakemont Shores & Bay Club, a subdivision in Delaware county, Oklahoma, according to the latest recorded plat thereof (formerly Ally-

son Acres) . SAVE AN EXCEPT THERE IS RESERVED from this conveyance all of the oil, gas, coal and other minerals which are reserved to party of the first part, and this conveyance is subject to all existing rights-of-way, easements and restrictions. This grant expressly subj ects this property to the Declaration of Covenants and Restrictions recorded in Book 352 beginning at Page 823 of the Real Estate Records of Delaware county. TO fffVE AN TO HOLD said described premises unto the said party (ies) of the second part, forever, free, clear and discharged of and from all former grants, charges, taxes, judgments, mortgages and other I iens and encumbrances of whatsoever nature. the said sounrdEST ßENEFICII\L FINANCE, IN WITNESS WHEREOF, INC., SHccessor by merger to SOUTH'lESTERN INVESTMENT COl1pAN, has caused these presents to be signed by its duly authorized officer

at Amarillo, Texas, this 8 day of December , 19~ ATTEST:

)~/.. .~~/Í~C/íf ','..~\,;.,,; \~,J. ~~ \ '\I¿V . ,.//;:

" ..Hisitro/D. Cfiri, sst. '- t) ~;. . -- ('e:ORl'OW\TE SEAL) li:~ .\:"1,,::

',,:;?J:THE'J'Š'l'I\TE OF TEXAS OF

COUNTY

POTTER

~_~il~ ~ IbS~

ON THIS 8 day of December , 19~, before aforesaid, personally appeared James E. Beeson , to me

me, the undersigneeijotary Public in and for .the County and State known to be the identical persoDi'ihcJ,;igned the name of the m¿ikel t.hereof to the within and foregoing inst,niment as itsAsst.V. Presi-

dent and acknowledged to me that he executed the same as his fi-ee

and voluntary act and deed, and as the free and voluntary act and deed of said corporation, for the uses and purposes therein set

forth.

writ.ten.

11y Commission Expires:

12-21-80 (SEAL)

~.. . -+

GIVEN UNER riJ HAD AtID SEA!" the day and year last above

.V4~oJ J1, ¡n¡(0~.nU otar'0ub.lc

løE~ VIRGIHIA (:?:(."ft'71";1 ¡i..i',ry r'Jhlit. M. Ylll''!.MORTON CQlliI'f. le,.~jJ . .\¡. \. / ;~.\ ,-.::1 ..... D' 21 1'1,,::-

* I E j oint tenancy is not "lesi'0;rL,:.::.¡ Hi ,-,,,,,,,,,'" "P""' ", , -s trike the pht":Jse, bet,..i~en the d~+~isks.

FILE D :

December 22, 1980 at 1:10l;f' H., recorded in Book 409, page 518

5~ ~..ç;i~

;.! .(Yor,..Jlwr:.,ünlyl

~ot~.; .lCW ßOr,'

424 r~~( 341

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REAL. ESTATE MORTGAGE 198 DEe I 5 PH 4: 114 1.3.V /

KNOW AL MEN BY TIESE PRESENTS:, 1001\ _~J.__i :.i,

THAT Clauci.e ..Car~,:i:. .an.d.. Li,nda... K '.. c:,:rt",r, .hus~,:.r:d"'''''''-¿i u.s. ou"y v i

and.ioif.e,.... ... .'" _ .... ......... ...... .' ..-."'- - iJ.DU~ of... .......Qel.?war!"..- . .. .... County, Oklahoma. part ~e.s of the first part h. 'Ie morlgaged 1l a 5' #~,.\ nnd hereby mortgn.c6 t.o.._ _Th,e .r-~r~t. Nati.onal. :aai!k .a.nd Tr.U5,t .M_ --_...- ..

...................ç.9rrp..El.ny....9.L.y;iD.;i.ta,.....y~..Ü.tê.,.....Qk-1¡i)i9ii¡Jm 74 301

Del.:wùre

part............ of Uie Becoiid part, the !ollowlng described few estate and premises situated in

.._._.._.._....._......_....__...._. ......_.......Coun ty i

Stale of OlunJioma. to~'Wlt:

Lot 7 in Block 2 of East hdditon of Lakemont Shores & Bay Club, a subdivision in Delaware County, Oklahoma, according to the latest recorded plat thereof (formerly Allyson Acres) , Trco::"ic; ~ triGQr~unienl /1 I hereby eMily that I l&Calved $ -".

and Ised re No. ~._

~v ~ theor ii pa 01 ingc __ e : ,.

~ on tI wl Il da th EA diiol JO"", , 1" .f!

vrlh all improvements theren and appurtenniccs thereto heionglig, and warr Ie to the ë8.1.ÇoTr

THIS MORTGAGE is given to secure Lhc principal sum of ¿ .,-~. . ~d""'J'-/ ) .:::::..::.:::::.::.::.::.::.::.::.:::::.::.T.hr-"'?...t.b.'ll§.c:i:,1.....El.i.a__..n-'?.!_l.Q.Q.::::.::.::::.:::.::::.:.::::.=.:::.--___.;OL~ Deputy acord1iig to the terms of a certin promIssory note describe as follows, to-wit:

One promissory note on regular form of said bank dated December 11, 1981 in the amount of $3,000.00 due December 10, 1983

PROVIDED Ai,WAYS, Thr.t t.his Instniincnt is miue, eiiecuted and delivered upon the following co:idltlons, to~w:lt: that ii'1

first pa.t.y hereby co\"miints mid agl'ees to pay all t.uxes and a.c;cs.c;mcnl$ at sa.d huid when the sae shaJl become due and to l;~p

all improvements in goo repaIr o.nd not to commit or a.llow waste to be committed on the premises. and to lnsure, and ke insured In 111\'or of the 5econd party, buUdings on sn.d premIses. As rtdltionnl and colln.tcrnl ~ecurlty for the paymcr.t or the note liereln desi:ribed, and all sums to become Que ur-der this mortJ;~g:e the pat1.y of the first p:irt herehy n.C;Sil,IlS to tJ1C piiy of the second part all the rentß, profits, revenues, bonU!es, roye.IUes

rIghts and beneflts a.criiln¡: to said first pnrty undP. any n.d nil leass on sad preml!ip.s nt the date 01 execution of this mort~ gage, or that mny be ~l..cn or plu.ed of nx:ord thereof, or on liny pRr of said lEUd, during the time this mortage sha!l re~ in force and CoIled. with the riß'ht to receive 'tnd recr.lpt for the s:\nie n.rl RpP1y them to saId lndcbt.dncss, and said pa.'i.y of tiie second part may demand. sue for ::d rreovr.r f'llY ~uch payments when due and payable, but shaJl not be reuired so to do; UiJs provision to tie;:oin~ cHcctlve immcc!iRtcly as to oil, gris, and mlnerel lensc3, but lL t.o oLl1er leases only upon dcfaalt in th~ terms and cQ:nd iilons of ihls nlOltgage or the note hereby secured, upon noLice to t.'-c lesee 1n such leae. TIs asslcnmen~ shnll termmate and b~orne null and lJoid upon release of this mortgage.

1t L.. turtlier expresslY ugre€, by and between the parUcs hcrcLo fJiiit it !lny detnui~ be made in the pa.yment of the prL'1Clpe i;um of this rnortg~~c, or !lny 1nt.eres~ inst-allment, or the to-xes, insurancc premiums, or 111 eo.e of the breach. of aiiy cQ",'F.llnt

herein r.ontainpd, the whole of sa.d prIncIpal sum, with Interest, shall be due R.nd payable. nnd this mortgage m3Y be foreclos and sa1d. ~ccund party shaH he ent.tied to the imediate possessIon of the premiss and al rents and profts thereof. Snld piirty ot the tint port hereby ng'rces thn!. In the event nction Is brought t. foreclose th mortgG.e _.t.he._Y wil pay n re-

SO", hIe ,.tlo",ey',. Ice or.::.-:.:-.-:.:::.:::::.::.::.-:__-:::Th.r~.ê___h.!J.iiJ.-r.~.i;L..E!D.q....n.91.1Q_Q.::.-:.::.::..::_-:.::.::::.-:.::_::::.::.-:.::..DOLI.AR8,

which this mortg:1gc aJso secures.

ParLy of the ftrst part, for i¡riò r.orulùcration, do..._...........___..... ....hereby expressly walve or not waive at opUon of mo:1~g-,

sppml"u""il 01 ,old rcol "tsi. and oll benefi" of the humeslend, e'~~ï; ond slay Inws Ln Oklahoma.

nai,d the, .....llt!'dny oL.p'?¡:e.ii.l:."i:.__......, i,;'~'L~ t.~!~

o~_~o~_~~"_~__~__ ;~, ,;"~':~.c~=-::: STAn,; OF OI'CLAHQMA L

","',.\~. .; a (¡ /"'(¡ 11 th December

county,.m'.,'i.'c:.'.0,r,i.ig.....---......--..--............-- f os. fOKLOMA ACKNOWLGMENT)

,~l !;~¡.;;trJ;\~~..?,~ ~l.limcd, n Notary Piibllr, In anii for sn1d County o.nd staLe, on Uis._._..__...day oL_._._........__..._...._.

r:~r~~~RJ;i'r~;::)=;t;;.~;~..J:.~.~.::~~.~~~.~.~d:..;:t-i.;:::::.: .~.... ... .__:..:::::.:~.:..:::=:..::::::::..::=....~~=::..:::..:.::..::.~:':....... ~ m~~m.ti.'6f.br,Ç";~e .lckntJco.l persn....;: '1'110 execute the wiUiîn and foregoing ~llltrueDt, nnd acknowledged t.o me Uiat .u~?t.n~i2:~':~?&~1\~.f the same n....._......t_h.ß..i.;ç~_.fre and voluntar iu::t and det for the uses and purpes ihere1n Sut fort.

'.' i~Ml/~t£~~~Y,-tl~F.:OF, i have hr.re. unto set my oJIlcl81 &lgna~ Rfd a.fJ:ted ~y noLa se t. dn.~ an~. year ab\.c v..r1tt.en.

(8~L) ''':'''',... 0 7 m Oli __ 8 5 ,O-".(;~l-.G.:J:).;ij.l1WL_._.__ My comml~sion expires. ....._.__..__._.._ Not,&' PubliC

F I LED:

December 15, 1981 at 4:44 P. M., recorded in Book 424, page 341

162

CERTIFICATE ST A TE OF OKLAHOMA

COUNTY OF DELAWARE

lI

SSg

_! -1 .r'ø :_~ ~

The undersigned, doe hereby certfy that the foreoing sheets numbere from .. to ~ ~ ".ej

both inclusive, conliin a tre and corrt abstract of all instruments fied for reord or reorded in the offce of lhe County Clerk (fonneriy Regter of Des) of said County affecling the title to the following desribe rel estate iii sad County ¡¡lid State:

Land described on Caption Sheet.

i,~

That there are 110 judgments, transripts of judgments, foreign executions, probate proceeings, suil~ pending, or liens of any kind affecting the title 10 sad real eslite in aily of the court of reord in said County, rendere or on fie, li appears from the reords in the offce of the Court Clerk thereof. ALL instruments under Commercial Code are omitted from this abstract except as shown:

None

That according to the ta reords in the offce of the County Treurer said real estate has ben assessed ror each and every year, there are !l0 !axes, either general or speial diie and unpaid, or any ta sales thereof unreeemed; thiit no tax dee have ben Fiven thereon; that there is no notice of tae5 due the United

Slates of America fied in the offce of the County Clerk, which are a lien on said real estate, except personal laxes !Iot certfied: An accordance with Title 68, Setions 361-363, Okla. Slats. Ann., Taxe5 15 years old are not certfied. Tliere are no personal tax liens existing on Personal Tax Lien Docket unle5s otherwise in-

dicated.

Taxes for the years 1966 to 1980, both inclusive, paid. Taxes for the year 1981, plus penalties, unpaid.

The iindersigned is a duly qualified and lawfully bonded abstractor wliose bond is in full force and effect atlhe date of this certficate. Dated at Jay, Oklahoma, ihis the2Ji day

of

F'phrii;:ry

:i .

A.D. 19 82£1 l:o'doc~ M.

~. "ji .ci-:N i.-c

AIle5t:

-iT _ ~.ò

oi

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" ~.

Seretary '..': -

GRAND RIVER ABSTRCT AND TITLE CO. Bonded Abstractor

-----.._..-._._---~.._-..-_.._~.~_._--..-.._._~-~.~--~,_...~----.__._-- -~ ,

L-"t.::n C¡" . "l l, ..r;~: ",..(;1:: I u. _C,)\: __

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t\/~CJl"t-t..(.:¡/~:\~ (~;t: ;" (;(I? ~: .:?~?

II "'r".;J,i¡ ,Il ¡:,rml

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I

In col\ddcr~11i0l1 of ihe pc..ynlf~lll o( ila: iiidf~liir;il/lur, lh':rr:by ~e::ur~JI 1hc ~f1do"iS¡r~,.:J i:"rpor.ili,,:i " C);ii:dc CiJ_r'tl'r. 0.l!cl r,itKI"l 1\. C()i~lcr, 11\)51.¿-:J1(1 ,::,:1 hereby rcle.J~c ilwl- morlg.1gc m.,dc by

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wl£(-~,

10 .:r.I.'"...-i..::i..i:.s__I:....~.I".l:.i.'?i.'.':':l...il.'~.Ill,. ¡iid 'I' i:uS t SCii~i)¿¡n'( 0 l' V:i 11 i. t¿i~...'ii.i.i~:.¡i.!.. 0 ¡: 1 "¡":".,

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.3...1.L. n or the records in the oHice cf and which is recorded in Book _ . 1~?t1....__ of Mcdgt,gc::, PfigC the County Ckrk of m....~.~7.~:~:~.:.:.i:: ~...::.... ..'-

...... County, Stùte of Oklùlioiri.), upon the following de ....i\:cd

\ i

relJl estùic in stiid CiJunty, to.wit: \

2 of East i\rJdition of' r;akc¡nonl: Shores and. B;:y Lot 7, B'l J.n,. . aCe, - . ()'-'I. i i)ccocdnici I :i'.' " in L)c,l',\v/Llre .\.....110mat' .. Cluh, a Sl1)(¡l'/J.s.Lon., ~.~.... ~ l' COUIl':y, (fonll0.l:')\ i\llyson Acres)

I i I

to tIie l~t(~~;i: r~(~ordcd pl.,! ~ tiier co ' . .' - ..1 ",

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LIZ i:.: 30 f:ll2: i 3

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. 1 :1,? this .?:.:..~:....,:i.:~.'L. of han:' 1 ,19 . i \;:'.

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....~D1.':oo...ßi2d;1:(i/\,... ßy . -. ,1- ." ..ot. Don Y ~/.ger (;,.~crci.iY.

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IS.

STATE OF ....n'. ~~.t:.-Lii-(;rni~.... ern.i.'L. .......

COUNTY Or-

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On this ..?~.'~-:~!.. dilY of. ~.id i-~~.l.~..

I? ...8..~.. li.::fcrc mp, ihc unJcr~igricd I'~,_'~MY Publi.:

for '..,,' ," ',d Count'! ~c, ¡)l~nOnriny ppeMed :-I:i.:,(. J.., ..:'Li ~-'; h p 1.--;...., ........n .,, lhimc(iiid ofS ~tl ihl) ni,iker lJihcrQof io ih~ forcÇjoil'Sl i:~~;r;;. to me known fa be .¡he idenTical persoii who !.igncd ihc d tl c: his free Gn\.l ,,_.-,,1''''''''',1... Prp.s¡di=n+ ünd dcknowlcducd to mi; i\i"t he ,~::et:;Jt(: i~ $:)mc s..

\,,~1::;1'

merlt,.~IS its ..,...;,1'.......:..... - , j f 'J or onJ.iol1 'or T\ic usc~ rind r.Lf¡" t~ .,., ........¡..J.. d."" l as lh~ frco ùnd voluiiluy'.:d illìd clQcr 0 ';i'i C P ., ,i -

, :~::c:;:;::r~¿~:!~i::.:r",. i . :

:'iNiinr.!.s .1. :. i .: J : d ff' i,ilmy s(","i\ ihe JtiY i\nd yi:.~r viriTil:;ri. ..1'~11( ~ri 0 f;'ll)VI~ ie r-\

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L_~~.:::~~;'-~~::_~~.¡::~~:~~~::.::..(~~,..~: ',i¡ ,;

FILED:

~'\;(\(ìJ\, J:i.(\(;IJ.'!:f . ( ._!.i¡,/

..'-

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Marth 30, 1982 at 12:13 p.m. Recorded in Book 428 Page 817. I

J64

(/-... f;;;.,.; r'.. ., I 'I I" s' C T ~ nki'i ."., .f,',"~',..'it.r",".. J""'~l (,_!\,"~ 1."1t,'niii",~' ,,' I. i.,j"'I1r.rf II '" .. ,'r/;( .. '._

',..\",;,;': ld

ú5t1ilnd. 1iBu:il'mtín D:i!.'Ìl

LI. i.,: ::J).: ¡~ I.. ,,'

.,~_ i .JJ .' ,-ýIY

(\"1'111 :.ug\'I\'Clj¡::illl' l:1....I;~F.)

Tiirs l:\DENTURF., j\,1:ide dii:i. .?~t.ll..d.iy of.. t-.inr:-ch 19.82 l.(:twct:lI. Claude CCli;t.eE.. and..l..i~~l-: )':.._ ç:~~,rt.e~.,. husband

,,~,',"" h.t,,'_,~(((.'; ......,, "'''/J'' "C'!

-!cofYI/ '

. nnd ."lfc..... lrunG C, S L~n~h ,

J\ll( if~S of 111(', rirr,1 ('.irt, :inrl Rol)er-t A ~ r-, tC'P'(.i ê1nd

40iG E. 82nd PLace, TuLsa, ~74L3G

(husbnnrl and wife)

widi the r¡~lit or &ul"viv(lrship .is heftin;i(¡cr ~ct out, p.irt . ~'(~.S.(if ih,-' sl'colll P:lrl.

- -- TE:~ /I~~D.1"O/lOO

WITNEssi~TH: '.h:ii in eomidct:iLion or ihe sum o(

DOLT..\ I~',

u(sir,OQ,L~.~,_~_~.~.~_~,- ::_.,::._.~..,::,:: ..::, ::.. - - -

:intl oiher good and nhi:ibk i:onsidcr:itÎom, feci.ipl whcn::i)! is herehy :idllO\\k;1i.t~d, ~.iiti p;irt ..ies. of die first rut do 8S I,)" t!ic~c p,"" ::\' c.r;iiil, b.il ¡:."!l\, ~eii ;iriJ (:Il:i\'cr 1111\0

T?obert ¡.. S,le~lu~ aricl Ir-enl2 C. ....~.,~.enl((l ~

..hl1$t:?n\1.__.0"0.~....~':..\.'~.0:. --_., ;IS joint tciun,~.

r,nd not .1:; ten:inls in com110n, on the tleaih of oiii~ die Hll\'i,'Qr, ¡he heir;; ;llHi ;1~5igiis of ihe' s\1n'i\'(1r~ 10 t;i!:c the cniirc fee s;:::¡i:,' CCI:Jii:r. 51:iIC of Okbhom.i, \:.l-~\'ii: D".lilCl"re

lilJr, ihe folklWillf; described re:il cr,l:!e situ:itt\! iii

Lot 7 tTl,.. Lo,c.~u2.gfP:8St",r1d 1. t: ion..of .Iake'i:1t Shoi:e s c:nd .

flay . ÇLub ,

ê 8ubòivisio~...in .pa l,(:V?t'r..~ .CO.u.D.ty, _,,01~lo.hom.:,. ncc.crdine; to the...

l"test,rE!!:,ord",~..1)-iat, thereof ,(for'T12nV ,~llv,c,on Acres)" ~~,--""'"

: .~

\

TO IV\Vi~ 1\1'0 TO HOLD the ~:inie ;15 juiiir len:i!)!!;, :in.. !lol J,; ¡('Ii:~li~ in wiiiinoii, willi ih~: fee si:\1p\i' rii~,.. ;11 11.,, tiiri'ivo'r, ihe heirs ;\lnl ;is..igm of thc 5ur\'in1r, l(1gi:lhe:r with illl Mid ~iiii:\II:lr the j.~i1lnielil.~, hc/'cdi:.wH:nl$ ~;id "li'Il:\' thereunto hdOõlging or in :on;' w;sc ~prert;1iiiilig fori.:\'l'r. AND s:iiiL.~.~~~.~!.:.~.~__.~.~.~r-.~r...~,~.~l T:..~-.I:~,~:....!~.~. :.~.?~'~.~.~r. their h';i~. ::~~::~~r;';,;; ~':i ::'~~)' c:~ct~~o,;" p::;~,::::",i" ~'h'~~" do ,e;;;,;" hl~',~ ~~\i;,":~;:':'~t ;,:"~ ,:':;'~:ull:I:'n;:,,~,iil,i:d :~i:.~, :;:1~ i:: :~':C' ll,',; ;:~"~':ii:,:;,r:

in fi;i; ~il1plc, of :intl iii, :111 ilnJ sjng-\lL1l~ il:c .ih(,w~ gr.l~ll~'rl õiml dc.-"cribed 1'l('llli.~::.~, wiih ill'Plll'i.('n.;IH:i.:.; ili;\! ih(. ~.i;iH' ~,;.; flr.C, eJc:ir :md di~ch:ir;cd :tnd ur.ci.nl!llhercd of ;ilic1 frimi :111 r0l111Cr :ind odicr r.r¡,I\~¡;! ¡ides, ch;,tt:I'S, jliJr.õii;:nts, e;;t.ilt,: . :':"::ì, ..,,:..' 1t.

.incl eiictlnbr;inces of wh:i¡SOCn;f n:iturc :iid kiiiJ, EXCEPT: l::or.cnicnt!i ;intl hiikli;¡g rc~iriciiom of record .oId "j :."'1.11 i1w:~s.ment9 not ret d:.e ¡

.....

~':T

'i--.--.J.'_.\.! ., \ )

. _..._....;ind tli:it p:irt i.~ S. gr:inlOr wi:i WI\RR:\ì";T 1\1'1) FORE\'ER DEFf.\D die 5::l1C 1\l\(0 s:lid p.1Jl .;ie,5.... of il;i: ~::c(md ¡i.irt, their 1i~;I'~, 5\:CCC,,;,O:; ,inil :. .¡¡~,.... :if'.iimt L~¡d l':irt. ~-i~s ()( the fitEI ¡i:iri,. t,hcii:" Ii..il'~, ¡,l1Cl.cS's.rs ~nJ i1~;-,ign~, ~nd :dl .me! e\'cr;' pi:r,'nii (,r l'tr~i)n9 ""hrjr:i bW(lllly d~iii¡rig, or to cl:im die ~:il1e.

IN WITi\ESS WHEnEOF, p.i,.L ic S o( till riist i'~rt In "',''2 eXtt\lled Of ¡ 1i1~(.J \( b~ c)ei:u!td, d1l3 iilS Il flH 111 d, ¡Ill

, /tt:r.úi? l(~IfClilU(lL(C(~;'_"~ t.ì 1-, '--'

i1nd year firsi i1hon.: wrincn.

GREGORY & ASSOCIATES Dox 358, Lanf:1ey, Ok. 74)50

,--:'V,'d",) /,. '''t.:,/~,C: L" I it1Ò~ t~),.:r.Jt:er.. -/~.,~ .~

Phone (91ßl 782-:i7r.:i

Karol Gregory, Drok~'r

." l ..'):/1,...

ST,\TJ- 01" ()KLAii()~i..\, i ;i i 'i C",,,,:)' of, ¡,¡nyes (" (OLL,'!",,,,, F""" 01 ¡lr!.',,,,,,lr,!g,,r."'li,,..,,,',-;;./,\~~.,:,h,,'-:~"r._,;~.'.:,'_,:,.._:J.,,'.-.':.,..,".':,..

Tldore me, thc undersignc\l, :i 1'ot.il)' Puhlic, in and for 1Ji¡\ Ctlll1ty :inil S~:I;L, Clll this,..... /~ of '/:irch ..., J9~,?..., per~(¡n:diy ;ir¡it:iictl ..r="l,i?).1rle. Cn.t.ter '.... \;,' '1:' aiid .1.?~ll~?1 K...__.ç.~~_t-e.r, ti~~h~~.~....~nrl .T.-.trp

tth~H)II'J',':n (( be the idt:iitic"l petson....~ . ~rlif) cxecuti.d the within :iiit! brc¡;ùiri(; inHrmncnl, ;i:id ;iCi;:lO\.¡kd6,:.:i. t,'1 :~i~ ~:l.:f _ . ..... ... cxci:uicd ilrc ~;ille .i~. tb0:.J.Y: u__..frce and yohiii;ii'y ;\ct ;iri. (1-::11 rnr ihe li~,L.3 and i'urp(J~c:; :hc:ein so.. r,::,:i.

Giv(;n tinder my li.iml and se:il of office th!: d.iy :lId )'e:ir :11i(l\'C wriu(:n. /. . ¿:

~,1)' i:"i\!!!ii':,:~'n o:¡iiic~ ( n .

.,')".' ",J,! -.J '1 f_~:;~,.')(/~'/'::!._('_' :::-:;-;.¡.'~.';.~~:"':~'/ir,-,'l' Pi"."!""

FILED:

i i

Maret\ 30,

1982

at

12: 15 -iffnt. Recorded in Book 428 Page 818. ~ . J IJ

-i " '5

CONSTRUCTlmJ MONEY MORTGAGE ¡.eil!.

"3? .," 'Í t-:,

ll~- _ I',." .. ..i...

KNOW ALL ME~I BY THESE PRESENTS'

____..01 THAT ROBERT A. SLEPKA AND IRENE C. SLEPKA, HUSBAND AND WIFE _ TIlT '=1' _ County. State or Oklahorni;, party 01 the first p,iri herein relt'rred to L:~ MOrlçjagor, Wlii;iihcr oi'e 01 Illl'C. hCl!)

j,~

llor,tgRged eind hi~reby mortgil(JcS 10 the GRAND SAVINGS AND LOAN ASSOCIATION a corporaiioii dUlY org¡iniil!d dnd diHr\1j business under the lallis of the Ur.,iied Stãles of Ainericù, party 01 (he second parI, ihc !üllowinu describLc1 re;il properly ~',ilinih'd II _.D_E;LAWA.J~._~__.. __ Coullty, Slale of Oklahoma. to-wi!.

1,0'1' 7. lll,CK 2 Of' EAST ADDl1lON Of LAKEMONT SHORES & BAY CLUB, A

SUBDIVISION IN

DELAWARE COUNTY. OKLAHOMA, ACCORDING TO THE LATEST RECORDED .PLAT. TlEJ.0E):'('lORflERL Y .0,.:-". \~¡jS ALLYSON ACRES).

lreasurer'sEndor.lJrTe.it 'tJt) _ " -l:, \m:-r~'.: I hereby e,rify tfiiit I re $ .. . . .. '. '" i

andlssuodroptNo t/-ínil '"'!" l. "cJJ'¿~AI"\

therefore In pa of morgall)aJ iS~~¡LJ:l;,i-t¡i: ,:I,,,,,."':;),, _

onlh'~,daodlhis i- . . :.: lJ_3 _ct:_I';:ljr,lØÝ/V 7 di:oi ~~~r;Z :c'rs~~A1~~:;~~

" . u '- /u~ ,"r ¡f'~jj~ with all the iniprovemenis thereon and ai. urlei,anccs ihereunlo belonging; ami iiis agre~d ¡hill cil! wl1ciow shades. electrical fi)(ilircs and connections. including glass shade:;, gas fixtiires. including Iloor furnaces and wall sloves. and sloves set in rireplaces. pllHnbing fix"tires and built-in refrigeration units. and roll-away beds. ¡¡nn kitchen cabinets. eiiher wooden or steel, either now in such premis.:s or hereafter installed, and are intended to be pE!fmanently sHlxer! to the re¡il ei;\ale ilnrl to become a pari 01 such real estale. ¡¡nd ii IS hereby agreed ihat the same ¡¡re and shall be, ëJ parior ~,lIÒ rr.al eslale, cind covered b'/ihismorlgage; and warrrint the tiile to ilir s.:lflH~ .and waive all homestead exemr.tions. It is hereby stipllliltecl and agreed ihat in ihe event of a loreclosiir~ of this mOr1gage ihat llh~ Court

shall direct the sale of said prenlises to be with or without appraisemcnl. ilS the mortgagee or ilS assl!1ns may eleci

This MCHtL)i\Çje i~; fjlvel1 ill conslcler,lllnn 01 TWENTY FIVE THOUSAND l\ND NO/100 ()r:;II..c: the receipi of which IS hE!reby ar.knowlcrlfjr.d and lor the f)lIr¡ose 01 seclIrinÇJ ihe pil'lmenl ot said "'illT. MHI 01hi;r ite"'s h,_irpl'lcdu!( specifieri. anclihe performilnrc of the coven¡lIts here;nëifter conlilinen. said indebterl1wss !ieiiiçi ~virip.nccd i'iy wri!leii promis!;orv note

exeCtlien on ihis rI(lle in sciidsum. nue on the DEe, 3 1982 with 1'111;r1'SI

accorrling to ihe t¡,nor 01 !llf) note here hereby S(~Clli'erl. piiy¡iblc Mcirch 31. JIJle 30. Septcn-ller 30. ,111(1 Oeceinhni 31 (11 Cii/,h yr'",

respectively. It is agreed that 01 said r.oiisirlf!ratlon. $ Shilll he devoted 10 ihe ;.cq\JlsiIIOIl of rnarketabl~ fee simple !Ili~ In ihe

follows' .

mortgaried premises. and 'lhe remaiii '19 S 25,000.00 less incident;;1 fees ann chorges as sel fonh 111 piirdç¡iôph 1.4 01 trw Consiructlon'Money Loon Agreemcnl. shalt be elevoiee! to ih,~ -cost of tIie construclion 01 ihe imprr:verni~r\l~ ;her,,~on And the sairl morlgc:uor lor its SucCP'"s()rs c:iirt ;:ssigns herp.b'l covenanl:: with s;:id ii'ort9ag~e, iis SUCC(~SSOfS Or' îl$SI9n~. ,,-:

FIRST. This is a constructioii moiiey Ii);iii made pursuant 10 lll~ tern\s of a \'\'ril!t~rl 10,)11 i1qri~ell1t"ril (t¡:ied

6/03'/82 which IS m.ade n part thereof by r.:lcrcrice, i1nrt 1$ an absolu\t? ol,llg.:IIOI1 to clh..:iice i!ii'

sum" secured hereby for ¡he constru\.tion of Improvi:rnerH:3 on the ¡:bovc described reiJl estate. SECOND. That $aid Mongagor. wiihin fany diJYs aller the same become d\Je 2nd payahloJ. wilt p;iy ali t;n:es and assessments which shall be levied upon the säid Jal1ds, Or' upon. or on aCCOllll 01 thrs mortgage. or tiie indebtedness secured thereby. a upon tlle ~nlert~st or estate in said lantls created or representûe! by 'his mortgage, or by ;;;:id indebtedness. whether ~evlL,¡j açJ(lllist thE! -said morlgagor, its siiccessors or õlSSlgnS. or otherwise; and sairl' rnortgc1gor doe~ h.:rebv waive any and all Glilim 01 ri~ihi ag?I:1st s~id niorlgagee, its successors or assigns. In any pa~'ment or rel)¡iie on, or offset. against ¡he interest or principal or D'0n"'I"1 oJ sílid

mortgage debt. by reflson of the payment 01 ¡iny of the aforesaid Iilxes or assessmenlS. THIRD The Mortgagor will acquire ñnd keep in lorce policies of insurance 10 cover the fOliowing risks:

tal Builders Risk Insur¡:ncp., p.xtended cov'~rage insurance equal to 100 % of the

full replacement value of nil improvements, cind shall no! inc:liide a coinsurëlnce clause wiih a higher percentage than 80% co-insurance. but shall

include a stipulated value endorsement compliance wiih any co.insurance clause in such policy. Morlgagee shall be nrlmed as a 1055 payee on such policies as iis interest may appear. (b) Public Liabiliiy and Proper1y Damage Insurance from companies and with limits acceptable to Mortgagee. Ie) Workmen.s Compensation Insurance 10 cover Morigagor and any contractor or sub.conlractor performing work on the above property, such insurance to be issued by companies acceptable to Mortgagee.

(d) Flood or Mudslide Insurance in ihe amounts 01 the lesser 01: (1) The principal :iniolill1 of the IlldebienneS$ ahovi~ siaterl, (2) The maxiniuiiliniit of cover¡\ÇJc civailiìblL: uncli'r' IIH: F~dcr.:l Flood Insurance ProgrÐm, Mortgagee. in iis sole discretion niay waive

flood insurance if the real property is nol in äll ari:a where such insurance is reQuired under which Mongagee is govemed. Ie) Vandalism and Malicious Mischief Insurance from companies and with limits öcceptêJble to Mortgagee. All SilCh policies of insurance sheill he i-s!'ir¡np.rl 10 t\.10rinriç¡e'~, il MnriÇJi.laee ~,O elcr.is. rlurir~g ¡he Ide 01 ihis \0.'11, FOlJIìTH. \I sain Morigrlgor makes a df:"iiit 111 thl~ iia'(nlPnt 01 any olthi' i-iforp~rid têl:i~S or .:s~i=s~nh~nlS. 01 ill 1"oi.\lr)r~~1 ii'HI ""iin i(l.ninçi insiirilnr:i-: as (llirivi~ cnvl'Il;lrill_'d. ",iilt Mortq;lqCl', J\~; ~~\IC( ei;snr" or ¡i~,::; iqns, in"v pñ,/ ~lJcli I ilXl~~, nn rl f,j!I:r: 1 i-i1rli "''-~I' " ',...

and the surns so paid shull be a ¡unlter lien on sairl prp.rrise~ lIr\d(~1 ihis mOrlgilql~, p¡:yalili: lonhwiih. with iniert'~t;i~ pT(l\"l(l':~ in ¡!'L' promissory note (leliverec1 herewith. FIFTH. Moitgagor ¡:grees ihat each Occiiirp,rlCC of önyor;i11 ofihe followlr'Ç! events shall consilluie ¡i def¡wliiindei ¡hi'. n\l '1'_1;'111'

~nllllHlg MOf\ÇJclqee to forec:losp. or iak(' slich oihf'r riCI;oii ilf. ii rlp'f;rn:; ,ippropri,liC In prOlecl iis inl(~test ii\ iis ~eC:\J"I.

J6S

MORTGAGE--Pîge 2 ~GGX

lal

Th£' sLile. transfer. il.isignmenL ex.ecuiion of tl r;onlr.ci for deed or olhfH

Ihl

Oc:r:lIrhnr:y of rir IIS(; of ih,~ ln1plOvernpnfs construc1(!r1 on tMp. l'i'id re,'1 flst¡ite WIi~~ll i:r)Jllpif,!"l~ b~. ¡'J1ori~iüg(¡r (H aiiy per~.(ln (:o f?'ility wit;' or under ih(~

..')-

1 r¡,? .,~, .f

146

;J!ienäiion or the inip.rest of ¡hp. rvorl~lc1gor in ihe above rip-scribed real ris¡.ile. I

ill/iluHiry 01 Mnrtq 1"pH i i I i

I ¡

¡ I J.. I 1/1 ¡ J 'j l! ¡ .1 "I'" I, .11110 "J I".. I ,,¡. , I, " , "I . l~, " ., ~ I ., , II '. I i f i " '.." r/ i 1"i1 ':'.'; I ' i .

diidtll'! /íllliii" ,d 1111: t'lllirl')...,or III lJoiY ot i'?!I;JllY i.kit:h;irU'J the same: ¿ifler Idl

twenty (20) days notice from MortÇJ(lgep. to eto so. The filing of any other lieii, rnortgage. or encurnbrance against the reDI eslùte or any personi:lty which is or to become ih~ securiiy for the df!bt secured by

I

1,/,~

this mortgage by Mortgagor. without ihe prior wriiien consenl of the Morigagee. Ie)

Th¡~ ilbandonmeilt of Cnr15trilction by Mortgcl~Jo;, or (he interruption 01 ihe construction process for it pr!liC1d 01 thirty (30) diiys or more, except 'Or';:n act of GacL an ¿ieI of war', civil insurrection. strike, or oiher' far'ce m;lejUre beyond

the control of Morlgùgor. (I)

(9)

The filing of Petiiion in Bankruptcy by or itgeJinst MortgeJgor. aiiy reorganization. ilmingement. appoinlment of r'f?ceiver, asr.ignment for the benefit of creditors of Mortgagor. or Mortaagor'$ real eslate or business affitirs. Any feilse or meller'illlY incorrect filct, reprcsentation. or würr¡¡nly made by

Mortgagor or contiliried in any financial statement. dala. document, or loan

(hi

insrrumenl which was the basis or inducement for MortgJgF!e effecting its loan. Mortgagor's failure to promplly - furnish 10 'r\~or!gagee at any time this mortgage is in force ihe names and addresses of .Jny person or entity with

whom Mongagor hits contrcicted for labor. mc.terials, or sub-con¡racts in connection with the constniciion of improvemenis iipan ,he .:bove described mill esiate. Sixth. Mortgügor agrees at Mongaçior's e)(pen~e 10 furnish to Morlgilgce, prior 10 Mortgagee':' obligation to advance funds hereunder. one,complete abslrõ!c! of iitle-covering ihe above described reill estùle ~howirig marketable lee simple ti\le ihereto 10 be

vested in Margagor and 10 furnish an attcirne\'.s wriuen Opinion of l\bstract or a policy or iiii~ insurance in favor of Morgùgee and sliowing this mongage to be iJ first and prior lien upon the aoove clescrihed real ostate, such po.licy shall cont(lin no excepiions based on mechrinic's and materialmen's liens fileel or unfiled. ùny survey fact. and all "pending disbursement"languùge ni\Jst be satisfactory 10 Mort~iagf!e in its sale discrelloii.

S~vp-nth, The Mortgagor CO'lp,¡ianls and ;içirees ihat H ilt ¿iry iime atl or ,liy ponion of th~ MoriçjillJed Premises sh,¡ill be t?ki~n or diiin(lyed under ihe power of eminent domain. the ,iv,,¡:irrl received by condf"mnation prec~r.din9s for any riroperty so taken CJr any l1ayment received in lieu of siich condemnaiion proceedings shall 11f: pelid óircctl'llo the Monçi.ngee and .nil or any ponion of slich oward or p.nymerit. ilt ihe option of the Mortgagee. ~h,ill be applied !a.ille indebtedness hereby secured or paicl over, wholly or in part. to ihe MonÇ)¿¡gor for ihe purpose or aleering. restoring Dr rebuilding any pJrt of the f\ortgilged Premises which may have been .nlt~rf!d,

dain.Jged. or destroyed as a result 01 Jny sl1ch laking or damage. or for any otlwr purpose or objecl satisfactory to Mortgagee: provided. ihilt ¡he MOr\çiagee shill' nol be 0blìga\l~rl to see to the .npp!ic¡:ition uf any ¡imourlt p;iicl over to ihe Mongagor. Eighih. (al Morg¿¡gee mÐY ¡it any lime, withotll notice to any person. grelnl to the Morl~Jagor ilny indulgence, forehearance or êlny extension 01 iime lor ihe payment or éiry indentedness secured heri:by or allow any change or substitution of or for any of the property

described in the Mortgage or any other ;;ollüterc.l \Nh¡ch may be held by the Mortgagee. without in any manner affecting the liability or il~e Morig;iç¡or, any en~Jorsers of the indebt£:dness hereby security or any other person liablp. for the payment of said inclebteclness together wiih interest and any eiher sums which Il¿¡y be due and pay,;ble to the MOrlgQgee. and also without in any manner .:ffecling or impairing the lien of this Mortgage upon th~ remain(ler of the property and other coll;:Her¡¡1 which is not changed or substillJ(cd: and it is also \inderstood and agreed thOlt the Mortgagee may at any time, without notice 10 .nny person, reieasli~ (lny portion of the: Mortg.nged Premises or llny other collaterei1 or elny portion or ~ny other colleiteral which m¡¡v be held as securiiy for ¡he paymen: of thp. indebtedness hereby secured, either with or without any consideraiion for such release or releases \Nithoiit in any mûnner affecting the liability of ¡he Mortgaøor. ¿ill endorsers. and oJl! other person:; who are or sli.nll be lic1ble for the payment or said indebtedness. and withoul 3fl~cting. disturbinu Or' impairing in Ðl1Y manner whil(soever the validity and prior'ity of tt.iC licn of ¡his Mortgage upon the eniire n:n-;iincler of 1 he Mongaged prerrii~e~ which i~ unrcle¡ised ¡:incl wi¡hou( in ;Jny mAnner affectinn or Imp.nirinlJ 10 any extent whatsoever any and £ill olliE' collaleral s~r.urity which may h~ held by ihe r-¡lortgël~Jee. Ii iS clisiinc:(h,' uiiclcrsiood õlnd £lgreed by ihe Mortgagor and MOrlDt1ÇT8e that

(Iny rp.lea::e or releases may he ,rTiJJe u.y the Mortgagee withoui the consent or approval of .:ny person or persons i.',d,olnr.oever. (Ill Any (,,¡lure by ihe MorlgJ.glie to insist upon the strict pCrlOrrlillCC by :he Mortriagor of Llny of the term!: and provisions lien~ol !:h,ill tlol lIP, deemed (0 be il waiver'orany of thl' terms and provisions IH:reof, and ihe Mortgagee. riorwithsi(lnding any such f.-nlure. shall hil'le llll. right tlierr.tilttr:o inSi&l'llfion'llie :ilrict pr.rformancC! by the rvoria:iuor of any ilnd all of Ill( terms and provI510ns of ibis Morlgügc: ltJ be perform~cl b.Y' ~he Mort9agor; neither tlie. Mortgùgor nor any oiher person now or hereal¡er obligaied lor the rayrnent of the whole or (lny part of the s~im~.ci~:~~.'i:~ ~~r~?f~,~r ~ecured by this Morrg;ige shall be relieved of such obligaiion by reilson olihe lailure

of the Mort(Jôgee to cOrTply "\ii:h an.y.'r~quest-of the-Mortgagor or of (Jny other persr')n so obligated to take ùc!ion to foreclose thi:: Mortgage or otherwise enforce .;ny o'f. ihe. proi.isipns-f this Mortgclge or of any ohligcitions secured by this Mortgage. or by reason of the n~lr~asR, rcgardlesg or considerJiion, of the whole or Clny pëirt oi the security held for ¡he indebtedness secured by this Morigasie. or by reason of any ilgrcemcnt or siipulalion between any subsequeni owner or owners of the Mongaged Premises and Mortç.:igee

extending. from time to !lme. ihe time of paymeni or modifying ihe lerms of the Nole or Mortgage wilhout first having obtainecl !he consent of the Mortgagor or 5ucli (¡ther p\~rson. and. in the lalter event. the Mortgagor and all such other persons shall continue IIJble

to make siich paymenis according \0 the terms of ally such agreement 01 extension Or modification unless expressly rele.:sed (lnd rll"iharçJ~d in writinÇJ by thr. Mong.nqee; reg.:rdless of consideraiion. and wllhoUI the necessity tor riflY notice to or COll:;,:,nt by the holdp.r of any subordinaie lien nn the MortgilgecJ Premises, ihe' Mon~l¡)ge-e may rcle3se th.e obligation of anyone al any ¡ime 1',"II)le for elny of ihf! indebr:dnE;ss secured by ihis rvor(gi.g~ or any pari of the :,ecuriiy held for th~ indebtedness and may from (ime H1 time f!,:i(!nd the time of payment or otherwise modify the ierms of ihe Note and/or MoriçJatie '1lJllhoul. as to the security ("f the remainder thereof, in an..'N¡:y impairinç¡ or i1ff,~r;tlnÇJ the lien of ihis Morlçi.;~li~ nr ihe priority 01 such 1ii~n, ü~; security for ¡he p¿iyrneril of :lie iii(lp.htednp::$ .15 I: rna'llie so e,~i(:ndecl or .ir.odified, uve: Jny s'_burdir¡i!i~ Iiun: ilip.liolder of ¡¡ny s\lhri.-dlli,liC hen ::hilll hel\Jt' 110 rì~iht to tcrli!!).II,' .1

II\, Ì!',1:;f'

;iff~ciirig th~! î\-ilorrq.,çied Prf'misp.s wheth~~i or no! such It~il$'! ht~ ~lI::,orrlirlille ,0 nil:; f\.1onçJclçie: .1nó ih~ ;',)Orlç¡.iç;ee- ""ly Ii~~'lf! 101 th~ paymi'nt úf (h(: Ilid(~btr~(lii(!-.!.; !;l'r.irrf.r( lit'r'-:liv 10 ;.111'. nilii~r !-'',:uril'l (!If'r''i~'ir h!.ìcl by ihe Moriganp.p. ir :.;uc;h iir!'l~r:',~:lrl (';'-'''''i.r ,i.. i''., ~ \nr' -I ,1t: ~. .. ;'1 ,1."..

J67

MORTGAGE--Pàge 3 b;)~!'

i r. ,-

"i.\j~-

~:..,:

Ninth. II is agrp.cd ¡hat iI, and a" ohen .'S. ihis Mortg~gc or ihe Note herebv i:ecured is placed in the hands of an êttorne'i (or validity or this Mort(ldgC. or to defend any suit atfeciing the tiile to the Mortgaged Pr~inise~. or 10

collection. or '_0 protect the prioriiy or

enforce or defend any of the Mortgagee's rights hereunder. the Mortgagor shall pay to th(: Mortgagee its (f~asonable iluor;iev's Ic('~.

together with all court costs, expenses for title extlmination. title insurance or o1her disbursements relating to the Mortgaged Pren1isr~s.

which sums shall be secured hereby. Tenth. The Mortgagor will maintain full and complete books and records showing in detail the costs of construction or the improvements of the Mortgaged Premises, of every kind and character, and will pp.rmit the Mortgagee or its represen'ltitives to examine said books and records and.atl supporting vouchers tind dalti at any time and from time to time upon request by the Mortgagee in such place as book.s and recots'are customarily kept in order to permit MortgaUee 10 verify the LIse of funds disbursed pursuant to this

Mortgage. ....

Eleventh. In the event ¿in or any portion of the proceeds of the loan evidenced and secured hereby are used for the purpose of

retiring debt or debts secured by prior liens on the Mortgaged Premises, the Mortgagee shall be subrogated to the rights and lien priority of the holder of the lien so discharged. Twelfth. (a) The rights of the Mortgagee arising under the clauses and covenants contained in this Mortgagee shall be separ;ite, distinct and cumulative Clod none of thom shall be in exclusion of the others; and no acl of ihe Mortgagee shall be construed as ~n eleciion to proceed under anyone provision hemin to the exclusion of any other provisions anything herein or otherwise to ihe conlr¡¡ry

notwithstanding. (b) The covenanls and açJreements contained herein are binding upon the Mortg;igor, and the successors and assigns of IIi~ Mortgagor, and shall inure 10 the benefit of the Mortgage,e anci ils s\Jccessors and assigns. (c) In e¿ise of any sale under this MOrlgage. by virtue of judicial proL:ecdings or other~..ise. the Mortgaged Premises may be sold in one parcp.l and as an eniircty or in such parcels, manner or order as the Mortgagee in iJs sale discretion may elect. (d) Wherever used in this Morlgage. unless the context clearly indicates ;i contrary intent or unless othel"'\ise specifically provided herein, ~he word '.Mortgagor"" shall mean "mortgagor and/or ¡:ny subsequent owner or owners of the Mortgaged

Premises:' the word .'Mortgagee"" shall mean "Mortgagee or any subsequent holder or holders of ihis Mortgage:' the word "Note.' shall mean "note/s secured by this Mortgage.' and the word .'person.' shall mean "an individuill, corporation, partnership or unincorporated association."' Ie) This Mortgage cannot be changed except by an ¿igreemenl in writing, signed by ¡he party against whom enforcement of the change is soughi and in recordable form.

¡ii This Mortgage covering property situated in the Siale of Oklahoma. is given as an incideni 10 a lending transaction negoii¿itcd and consummaled in Oklahoma. and is to be governed by the laws of the Slate of Oklahoma. (g) This Mortgage.is subject to and secures the performance of the terms and provisions of a certain Loan Agreemeni of ~ven date between the Mortgagor and thp. Mor'tgagee. A default under the Loan Agreement shall consituie a default under this Mortgage. Following assignment of thi!ì Morigage by Mortgagee to a long-term first mortgage lender, the pro'lì~ions or this paragraph shall no longer apply. Thirteen. Should any clause or provision of this Mortgage be invalid orvoid for any reëlson, such invaiid orvoid clëluse Shël\1 no! affect the whole of this instrument, and the bal¡ince of the provisions hereof shall remain in full force and eHecl. IN WITNESS WHEREOF, the said mortgagor hilS ,signed ihis mortgage on the

,19~,

~d,y of ,JUNE

l9~4 Jt~_

SIGNATUR E

BORROWER

'OOSERT ru~ \:A.S; srÆPKA ~ SIGNATURE

BORROWER

IRENE C. SLEPKA BORROWER

SIGNATURE

SORROWEif

SIGNATURE

INDIVIDUAL ACKNOWLEOGMENT

STATE OF OKLAHOMA

I

ISS:

COUNT'l f¥ "j'::",." ) ~ ~ \.. .-~.~: () 0 ;~.~~

. -----. .

ROB¡;~T.. r~. ~(,¿KA ':AND IRENE: C. SlÆPKA i HiJSßr,ND AND vHFE:

, ,.. ¡

,d¿'I,~,~;,,~~,~,,'"

/~mission EX"lres:

"~

(, 1".-" ~:/ ~).~

FILED:

JUNE

, / (I

"- 'rhei-öréo~ Iffltriment was acknowledged before me this ~dav ot

,19~by

/

/: i \'/ J - I ._"i;~ì.lrl"; //-C.. " -r__( ,. / . Notary Public

'cr"-

/", (.'"

168

4, 1982 at 8: 38 a.m. Recorded

in Book 432 Pages 145-147.

MORTGAGE

BOO( 436 P!,CE 2J

THIS MORTGAGE' d t1' 7 th . .d ,I; f SEPTEMBER' 1982 . . . .,btwe e e n heM t ort~"f0~" ismae .. .lIs"'Ri:BE'RT'A:'SLEP'K1"åiidnÆ'N'È:'c:'Si:~PKA;""''''''''''.,. .. . . .. . . . . . . .. . . . . . . .. .. .. .. . . . . .. , , , , .. , , .. , , .. .. .. .. .. .. .. . . . (;RANÓH,~S,-a~N1?,!I~!l, . . . . . . .5. .~i. .~~ .~':~. LPA~. ~~~?C.I!lTI.C?N, . , .(herein . . . . . . ."Borrower"), . . . . . . . . , . , ,anù . " athe corporation organized and existing . ,',.~..,."......... Mortgagee"..".,..,...,...,. uniebthe laws ot.,' h....'...,.. OKA~~!\...,....,....... '. whose adùress is,..,... "."'" "" ....... ,';'.

. . . '. :. ~':~ ???'. ~!~ .~~'( .1.0!~? .S.o.u.l~ .-. . .~~~~I~~?~~ ?~~~. . . . . . . . . . . . . . . . . . . . . (herein ';Lend~~").

WHEREAS, Borrower is indcbied to Lender in the principal sum or. .'~t:i:t¥:-~.i.x. .'n'?~~?~~. .~i:~ . ~?l~?O.-. ";';7':-.-.-.-.-:-;-:-:7:-:-;-;-.-.-:-:-:-:-:77:-:-. Dollars, which inùcbicùncss is evidenced by Borrower's nole dated. . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Nole"), providing for monthly installments of principal and inierest, with the balance or the indcbledness, if nat sooner paid, due and payable on, . . ?~p't~rnl?l?r. 7.t.h. J. - ~Q~?-, .........ri-...-.-;-;-:-;""

To SECURE ta Lender (a) the repaymenl of the indebtedness evidenced by the Nate, wiih interest thereon, the

payment or all other sums, with interest thereon, advanced ìn accordance herewith to protect the security or this Mortgage, and the performance of the covenants and agreements of llarrower herein conlained, and (b)_the repayment of any future advances, with inierest thereon, mode to Borrower by Lender pursuant to paragraph 21 hereof (herein "Future Advances"), Borrower does hereb mortgage, grant and convey ;'0 Lender the fOllQ\l,ing described properly located in the County of.,....,.. !lELAf/ I~Ei".,. ........ .." ..,.., State of Oklahoma:

Lot 7 J Block 2 of East Addition of Lakemont Shores & Day club J a subdivision in Delaware County l Oklahoma, according to the latest recorded plat thereor (formerly Allyson Acres)

~.

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.- ,

'.

r

l"~'

'.1 -,

\

'\

Trea~Ule(s Eridl.r~~r.e~t ../ :s.

i hC!cJY ceMify that 1 receIved $. ..

and i~,:.ucd rccciçt No. -0 Ir ,1I!"C:l" .'J i~ cym'ent of mortgage I~

,_. :.' ~ i'f C~,I.:~",'"\~1;\

'rl L ,: -'n::r~, dated this ~

i.-.. )_.,

.../. .' . '.'~' I...... -. ,'_ :. _. .~ ~. ~. ~o(~f~.,.':

, .J~~i:,...!'¿19~

.. ,l. i....: i:, ~.,: ..:.: ~~."S c.J:¡

h¡r'CaSurer

.,,;:y.-4-, Â_,L-.9CPUty

:,., '.P -(1 p~? J' Ii":_,:~" Jd. ~__:.:"::':.~" - "n ,,,' ':'i'~." C1t."'~ "" /

Oy . =-(~l..i."' Cl1t- -.

¿ ~ ¿'ji7

Di sney ............................

which has ihe address of. . . , .

tSlrec(J

ICily)

,..... .q~~ln?~a. ,7.4340... . (herein "Property Address"); (Slale and Zip Code)

TOGETHr:R wiih all (he improvements now or licrc:1flcr creeled 011 thc property, -anù all casements, right::. appurtenances. rents, royalties, mineral. oil and gas rig1il~ am.! profits, water, wat~r rights. and walcr stock, ::nl! ¡ILL fixt\les now or hereafter aiiaeheuto (he property, all of which, including rl'pln.ecmcn(~ and auditioiis thereto, ~1in.\i h' deemed to hc and remain a parl of the property t:ovcrcd by ihi" Morrgagi:: anu all oi the rorcgoing, ltl¡;Cihcr with ~:iid property (or (hi. leasehold estate if ¡his_Mortgage is nii i\ k~"eJiold) ~,rc herein referred to as the "Prnpcrty". Bnrf(\\l' t:o\'cnaill" ¡kil nprrmwl' ji. I.i\\flilly ,\'i~\.i1 "r ill,' t::-Iali' lit:i\'hy ciiii\",:::..i :1I1d h:1\ ¡he rir1iI:1' iiw::;. ~r;illi :ind 1(JI)\'.'Y 1111; I'IPpt flY. 111:11 Illl' 1'I'I'Ii\'rly I'; :11l\'III'llIlllicll'd. :lj,d !li:~i Hi.rrii\.\\'r ;'.i:i :,\:.i;ralli '11 lit:. ," i 1',rnn:llly 1111 (iik Hi

1111 l'rnpvrl\' il,l:,iri',l ;111 l'I;lilii\ ;llld 1!,'ln:lI11I', ',lIlii,'I( III ;111\'lkc!;lr:llHIIl: ¡.;i'i.,iidiii; 'Ii ,':,i~i( -i'"'

Ibled iii it ,';dicdiile nf l'X(;\,Pl¡ClllS Ii) (ll\Trjq',I.' iii ;iiiy ¡iik ijl~u1;1IKI. plili\'y iii ,,\11;11)' i i'ndl'I." ililiH':-1 iii ili. I'¡"I'. !, O~!JHOh',f\~ -1 I,. .', I ~ri'l!\'..' i', ïë. ! HMt.lrHIM:; UtW el;l,: i¡.qinll,! t;f

169

I ¡

MORTGAGE-- prge 2 ßOO.i

! I

,~06 Pi,',

"'u . "VI.

2£1

UN'F(ln~1 CnV!-N,\NTS. norrowcr ;Hid LC1H~I:r coven:uil and a~rt'e as ft~~lii'...~; . I. I'a., 1111'111 or Jlrind¡i:il :iid Iiil,'rl",~. J~"""'S"r '.h:i~¡ f~:lq!lJ'II:,' P;';. '.In"."1l dUi~ thi: princ:p:il of ~iid'iril~'resl n:' iì,.

l11'11'1,(I'i1Iii-,., n-ldiïl('l"llir ilH~ ¡'Ilk, I'll'p.l)lrl:lil and Lite. \ ii;II':C_~ a~ pltlvidi.d ill ;he ....;01';. .intl tlii. p,¡m;ipa\ 01 and !l,cn.:'.: (III aiiy 1,'lltlllL Advõ\iu:cs ~ccurcd by i1ij" t-1(1rll::'(:1..

2. Funds ror Tn:tes niid InslIrnnC'e. Subject 10 applica1:lc lnw or 10 it wriiicn waiver by Lender, Borrower sh¡¡l1 pay to Lender on the ¡:Iny monihly in~iaJlmcnis of principii! õlnd ¡n¡crest arc payable under ¡he Note, until ihe Note is paid in full.

a slim (herein "Funds") equal to one-twelfth of the yearly taxes and :isscssrncnls which may ::u:\in priority over this Mortg::ge, and ground renls on the Propeny, ir an)', plus one-twelfth or yeõ\rly premium im.tnJiments for haznrd insurance.

plus one.lwelfth of yearly premium inslrtllments for morlgnge insurance, if :iny, all as reasonably estimated initially and from time to time by Lemler on the basis of rlssessmenls and bills and reasonable esiiriiates ihereof. TIie Funds shall be held in an insiitution the deposits or accounts of which ílre insured or guaranteed by í\ Federal or state agency (inCiuding Lender it;cnder is such an insfiiution), L.ender ~h:ill :ippl)' the Funds to pay s;iid laxes, assessments, in,mrance premiums and grOtlnd#elHs. Lender may no( charge for so holding and applying ihe Funds, ;in:i:yzing s.iid .iccoiint.

or verifying and compiling snjd ass~smenl.s ¡¡rid bills, unless Lender pays Borrower intef(;,sL on the Funds and :ipplicable: law

permiis Lender to make sueh a chñ.rge. Borrowcr ,llld Lemler m:iy ngrce in writing at the time of execution of thi~ Mortgage thot interest on ihe Funds shall be pniti 10 narrower, :ind uiiless such ;igreemcnt is made or applic:ib!e l:\\ requires such interest to be paid, Lender shall not be required 10 p:iy Uorrower ¡iny inlerest or e:irnings on the Fund.~. Lender shall give to Borrower, without charge, nn ¡innual accounting of ihe Funds showing credits and debits to the Funds and the

purpose for which each debit to the Funds wns made. The Funds are pledged as addition:il security for ihe sums secured by this Mortgage..

If the amount of the Funds held by Lendcr, togeiher with ihe fUllre mon/hly inslallmenls of Funtls payable prior to the due dates of'axes, assessments, insurance premiums ílnd ground rents, shall excced ihe amount rcquired 10 pay said taxes,

asscssmenls. insurance premiums and ground rents os they rail due, siich excess shall be, at narrower's option, eìther prompily repaid to Borrower or crediicd to llorrower on monthly inslallmerils of Funds. If the amount of the Funds held by Lender shall not be suffcient to pay la;o;es, assessments, insurance premiums and ground rents as they fall due, Borrower-shall pay to Lender nny amount necessary to make up the dcfìcicncy 'Niihin 30 days from the date notice IšrTiailed

by Lender to norrower requesting payment thereof. Upon payment in rull or all sums secured by this Mortgage. Lender shall promptly refund to Borrower any Funds held by Lender. If under paragraph IB hereof the Propenr is sold or the Property is otherwisc-ricqiii.ed by Lender, Lender shall npply, no later than immediately prior to the sale of the Property or its ncquisition by Lender, any Funds held by Lender at the time or application as a credi! agninst the sums secured by ihis Mortgage.

3. AppJication of Paymenls. Unless applicable law pr.ovides otherwise, all p.iyments received by Lender under the Nole and paragraphs 1 and 2 hereof shall be applied by Lender fìrsl in pn)'ment of amounts payable 10 Lender by Borrower

under paragraph 2 hereof, then 10 inlerest parable on the Note, then to the princip;d (If thc Note, and ihcn to interest and principal on any Future Advances. \ 4. Chargesj Liens, Borrower shall pay ¡¡II ta"es. assessments and other charges, fìnes and impositions attributable to the Property which may attain a priority over ihis Mortgage, and leasehold p:iyments or ground rents, if any, in the manner

provided under paragraph 2 hereof or, if not paid in such manner, by Dorrowcr making payment, when due, directly to the payee thereof. Borrower shall promptly furnish to Lender all notices of amoiiiils due under this parí1graph,. and in the event Borrower shall make payment directly, Borrower shall promptly furnish to Lender receipLs evidencing such payments. narrower shall promptly discharge any licn which has priority over thi.~ Mortgagc; provided, thilr Borrower sh;ill not be required to discharge any such lien so long as nor rower shall agree in writing 10 the payment of the obligntion secured by such l~el1 in a manner acccplable to Lender, or shall in g~)od f:iiih eontcs! siich lien by, or defenó enforcement of such lien in,

legal proceedings which operate LO prevent thc enforcement of the lien or forfeitllc of (he Property or any part thereof.. 5. Hazard Jl15uraiice. Borrower shall keep thc improvcmcnls now cxistjn~ or here:ifter crectcd on the Propcrty insurcd againsi loss by fire, hazards incliiùed within ihe term "cxicndec! coveragc'., orid such 01 her haz.ards as Lendcr Ilay require and in such amounts ond ror such periods as Lciider may require; providcd. that Lemler sholl not requirc ihnt the nmounl of

siich coverage exceed that amount or coverage requircd 10 pay ¡he slims sccured by this Morigage. The insurance carrier providing the ìnsur;inec sh;ill bc cho.~eii by Borro'...cr subjcct to approval by Lender; provide-d,

that siich approval shall not be llOreasonilbly wiihheld. All premiums on insurancc policies shall be paid in the manner

provided under paragraph 2 hereof or, if not paid in such manner, by Borrower making payment, when due, directly to the insurance carrier.

All insurance policies and renewals thereof shall be in form acceptable to Lendi:r and shall include ã standard mortgage clause in favor of and in form acceptable to Lender. Lcnder shall havl. the right 10 hold the policies a.nd renewals thereof, and Borrower shaH prompily furnish to Lender all renewal notices and all receipts of paid premiums. In ihe event of loss,

Borrower shall give prompt notice (0 the insurance carricr and Lender. Lender m.:y make proof of loss if not made promptly by Borrower.

Unless Lender and Borrower otherwise agrec in writing, insurance proceeds shall be applied 10 restoration or repair of the Property damaged, provided such restoration or repair is economically fea~ible .ind the securily or this Mortgage is not Ihereby impaired. If such restoration or repair is not cconomically feasible or if the security of this Mortgage would be impaired, the insurancc proceeds shall be applied to the sums seciired by ihis Mongngc, wiih (he excess, if any, paid to Borrower. If the Properiy is ;ibnndoned by Horrower, or ii Borrowcr Jails to rcspond !O I.ender within 30 dnys from the date notice is mailed by Lender to Borrower ihilt the in.sllance carrier offcr:) 10 seiilc a claim ror insurnnce oenefits, lender

is authorized to.collect and apply the insurance procecds at Lender's option eithcr to restoration or repair of the Property or to the sums secured by this Morrgnge.

Unless Lender and Borrower otherwise agree in wrjiinß, any siich applic;irion of proceeds to principnl shall nol extcnd or postpone the due date of the monthly installmcnis referrcd 10 in p:iragraphs i ;iiid 1. hereof or change ihe ;im(1l1nt o(

acquisition. .

such installments. If under paragraph i 8 hercof the Property is ílC4uifcd hy Lcnder, all rir,llt, ,iile nnd interest of ßorrower in ílnd to any insurance policies and in and to the proceeds thcreo( rcsulting from damage to ihe Prop~ny prior to the salc or acquisition shall pass to Lender to the exlent of the sums ~ccurcd. by this Mortg~i~e immediately" prior to such sale or

6, Preserva1ion nnd Mainlcnance of Property; I.c:iscliohls; Condominiums; .Planned Unit Dcvelopiicnls. narrower shall keep the Properly in good repair and shall not commit wasle or permit impairment or deterioration of the Property and shall comply with the provisions of any lease if this ~'10rlgage is on a leasehold. If ihis Mortgage is on a unit in a

condominium or a planned unit developinenl. ßorrower !'hall perform all of Oorrower's obligalions under the deelar.itjon or covenants creating or gover.ning the condominium or planned unit devi:lopmcnt. the by-laws and regulations of the . condominium. pr plnnned unit development, ,ind consiitiieni dociiiienis. If a condominium or planned unit developmeni rider- is ex.ecut~d hy~ Borrower and recorded togeiher with this Mortgage, thc coyenants and agreements of such ridcr

sha.1be incorporaied into and'sh;ill amend and supplcment the coven.:nts ami agreements or this Mortgage as if the rider were a part hereof.

7. Protection of Lendets Security. If Dorwwer rails to perform the coven:inrs and agreemenls contained in this Mortgage, or if any action or proceeding is commenccd which nlntcri:illy affccls Lender's inlerest i~ ih~ Pro~eriy, jnc1utiing. but not limited to, eminent domain, insolvency. codi. cnforcemeni. or ílrrangemenls or proceedings involving a

bankrupt or deccdent, t!ien Lender at Lender's option, upon notice to narrower. mar ni;ike siich appearances. disburse such sums and take such nction as is necessary LO protect Lender's interest, including. but l1o"! limited to, disburscmeni of

reasonable altorney's fees and cnlry upon the PropcrlY 10 m:ikc rcr:iirs. If Lender required mortgage insmaiice as íi condition of m;iking the loan secured by ¡bi.s Mnrtgage, ß(irrowcr shall p:iy the prCmililTS rcqiiirctl 10 m.:iiii:!in such insurancc in effect until siidi time a'ì ¡hc rcqiiiri.mcnt (or ,-uc.-b in::urancc li:rrnjn;H..s in accordance with lliirnwier"s and

J70

I

i. i

!

I

MORTGAGE--Plage 3 i 1 I

¡

I i

:;Oo,v :2:36 FAGE 25 It',ndcr's writiclI :igl'ccml.nl or .ippri¡;;ihlc !.IW. JJcirrtwer shall p:iy ¡he :imoiint t'( all n10rtg:it:c insur;incc rrtr.iiii:-:i~ in !hi' manner provided unúer p;ir:grnph 2 Iicn.:of. Any ¡imQiint~ Jishurscd hy Lender pLJr.~ii;inl In ihis p:ir;i~r;iph 7. wiih interes! thereon. sh;¡1I becoiie :\.:i~iij,"'n:ii ¡ndcliicdncs.~ (If Oarrower .~cciircd by ilii~ l\h'rr!~:igc. Uiilc..s Borriiwer anú I.ender ;igrcc to oiher terms of p:iymcnl. siich amounts shall be payable lIpon noiice (ron,l Lender 10 Oorrr\\cr rcciiic~iiri!: payment ¡hereof. and shall nc;'r ¡nlcrest from the

dale of disbursement at the r;ilc payahle from timi. !ri time on ouislnoding principal under the Nolc unless paymc-ni of interest at such rale would be conlrary to ;ipplicablc law, in which event ~uch amounls shall hear inlcrest al !he higlie5t ralc

any action hereunder. .

permissible under applicable law: Nothing conlniiicd in thi~ pi1ragraph 7 shall require Lender 10 incur any expense or Inkc 8. Inspection. Lender may mnkc or cniise 10 he ma(~ re;l.~(lnnhlc coirie" upon ;'nd inspeciion" or (h.c, Prcreriy. pro\:idcd

thaI Lender sh;'ll give Borrower notice prior 10 any slieb~Nspeeiioii specirying rc;isonnble calise therefor relale(J lci Lender's

inierest in the ProperlY. ..

I

i i I

9. .Condcmnalion. The prncei:ds (if ílny aw¡¡rd or cl;iirìl ror dam;iges, direcl or cnnscqueniial. in connection with any conclcmnc:iion (' oiher taking: of the Property. or parI thereof, ("ir (or con\'eyance in lieii of condemnation. are herehy assigned nnd shi111 be paid to Lender.

In ihe event o( a loral taking of ihe Properly, the proceeds ~h¡¡11 he applied to ihe siims secmed by ihis Mortg.:ge. wirh the excess. if any. p:iid 10 Borrower. In ihe evenl ('( :i pc:rii;il iaking of fhe Properly. iinles!; Oorrower nnd Lender oiherwise ¡igrec in writing. ihere ~h:i11 he applied 10 ihe ~t1nls s('ciired hy ¡hi" Mortg:nge siich proporiion (If ihe proc('eds as is equal (0 Ih::i proror1ion which the ;imiiint or the sum.. "eciired hy ihis ;\'lorlt!:ige immediaic1y rrior 10 the dnle o( iaking bears to ihe fair marker v¡iliic of ihe Properly imOledialely prior tC'lhc dale (If loiking. wiih ihe halance of ihe prcicccdo; paid '0 Borrower. If !he Property is .:b;indoncd by OMrowcr. (1r if. afier l1(ltice hy Lender 10 Borrower thaI ihe condemnor offers 10 make :in aw¡ird or settle n c1:iim for damages. Bnrrowi: rail" 10 rC'~flolid In I.ender wiihiii ~O d:iy,c arler ¡he d:'le such noiice is

mailed, Lender is authorized 10 collcct and ilpply (he proceed.... ;it tender's opiion. either to resloraiion or repair of the I

Properly or 10 the sums secured h~' ihis Morrg:age. Unless lender and Borrower oiherwi."c ::gree in wriling, any siich :ipplici1lion of proceeds 10 principal shall not ex!end

or postpone ihe due dale rif the monihly insi.:llmenls referred 10 iii paragraphe; i and 2 hereof or chílnge ihe amoiint of such inslallments, i 1 i

to. Borrower Not Released. Exiension of the lime for raymenr or modilìeaiion of amC\iiz:iiion of ihe sums secured by this Mor1gage granted hy Lender to any siiccco;sor in inieree;l of Borrower !ih:ill not operate 10 release, in any manner.

the liability o( the original Borrower nnd l1iirro\\er'_e; succes~rir.e; in iriICrc!it. J.("nder sh:ill nol be required 10 commence proceedings ar,ainst ~iich success() or rerme Iii extend time ror payrneni 0l oiherwise mridi(y nmciiizaiion of the SlilnS

i

.~ccured by ihi~ M('rtsag:e hy reason of aiiy demand made by lhe 0ri,gin:i1 Oorr(lwer ::nd Borrower's s.l1eces~aß in interesl.

i i I i i

fl. Forbear:inee by Lender Nol a Wail.cr. Any forhe;irílncc hy L.ender in excrcising any rig.ht or remedy hereunder, or oiherwis.e :ifforrJetl oy ;ipplicnble law. shall not he ;i waiver o( (I preclude the excrcise of :iny such righi or remedy.

I j i I

The procurement (If insurance or ihe payment o( laxes or niher liem or charge:; by Lender sh.:ll nol he a waiver of Lender's right 10 acceler:ile ihe maluriiy of the indchiednc.."s ~cctlred oy Ihi~ /'hmg;i,i;e. 12. Remedies Cumulative. All remedies. pf(wided iii Ihi:; Mortg.:gc arc dis.tinc( and Ciimiilo.iivc 10 any oiher ri£1i1 or remedy under this Mortgage or aIT(lrded hy l.,w nr cquiiy. and m;iy he exercised cMielirrelilly. indeperiden¡ly or Siicccs.sively.

13. Successors and Assig;IiS Bound: Joinl aiid Scn.'ral l.:lliilfYi C:i¡iliom. The covenanis :ind agreemenls hercin eonlained shall hind, ;ind ihe rig.his hcreiiiider shall inure In. ihe rcspeeiive slIeees.o;OfS ;iiid as.signs (If Lender and B(1r'.'

siibject to the,Wo~,isiöns of par:igraph 17 hereof. All eoven:1I1lS :ind ;i!)rceiicnle; of norrowcr shall be joini and ~C'_,....'

The c3plionl ¡¡'nd 'hc.idings of the rar;igr;iphs o( this Morig::g~ arc for cOll\'cliicrice anI)' :.od arc nol 10 be used In

inteq)retor den~~ ihe provisions herc~f.. . . . .

14. Notice. Exccpt for any notice reqiiired under ::ppJicabk law 1(' be given in anoiher manner, (a) an)' notice to Borrower provided for in this Mortgage sh:i1! be ,given hy m;iiling such ri(lieC' by ecriified mail .:ddressed to Borrower "1 ihe Propçrty Ad,drcis. or al such uilier í\ddre_~o; ;IS Bnrrower may de~ignaie by nolicc 10 lenùer as proviu(ed herein. and (b) ;'lny notied to lc 1(ler shall be given b~' l"crlitied rn¡li1. return receipt requesled. 10 Lender',; ~ddrcss slaled herein Qr In

siich oiher addre'ss as Lender m:iy designate by nritice to O(l!"wer as provided herein. Any 11t)IÎce provided for in ihi,

Mortgage sh~ii be' deeniçd 10 have been r.ivcn 10 HorrO\..er or Lender when given in the manner dei;ignaied herein. 15. Unirorm Mong;agc; Governing Law: Sncrnhillr. Thi~ (orOl of morrgrir,c combines Ilnirorm cOVcn~nts for nation:il

lIse :imJ non-uniform covcli:inlS with limited. \':iriations hy jiirisd¡dinn to .:onsiiiiile a uniform securiiy instrument co\'ering real properlY. This Morlgage ~hõlii be go\'erned hy ihe law rif ihe juri.sdic.ion in whieh ihe Property is ¡Cleated. Tn ihe event ihal any provision or claiise (If thie; Mortr,i1!)e or Ihe N(lle connie!.. with applicable law. siich conflict shnl! nol ;iffect oiher provisions of lhis Mortgage or the Note I.\'hich Ci1n be given clTccl wiihoul ihe conflicting provision. and 10 this end ihe provisi(lns of ihe Mortgage and (he ':n¡c :irc dccl:ircd to he scveninlc. 16, Borrower's Copy. Borrower shall he rurnished :i crinrormed eo!,y of ihe Nnte a'nd of ihis !\forlg~ge nl the iime of execiition or afler recordation hereof. 17. Transfer of the Property; Assuniplion, rr all or nny p¡irt o( ihc Properly or nn inlcresl iherein is sold or iransferred

by norrower wiihoiit Leiider's prior writien l.onSeOl, excluding (;¡) ¡he cre:iiion of ¡I lien. or encumbrance subordinaie 10 this Morigage, (hl the crention of a pureha"c fn()ley e;ecuriiy inlercsi f(l hriiischold appliances. ee) a iransfer by devise. deseeni or by operation of law lipan (he denih of:i joini tenanl or (d¡llll: gr:1111 of any leaseho)d inlerest of ihree )"cJrs or less nol etiaining ;in option 10 purchase. lender m;iy. :il L.ender", Clption. dedare all ihe sums seemed by this Mortgage 10 be immediately due nnd pay:ible. lender shall have waivcd Stich opiian to aeceler¡¡le if, prior lo.ihe sale or lransfer. Lender and the persaii 10 whom ihe Properly is 10 be sold or lr:ins(ern~d reach ;i.irecment in writing thaI Ihe credit of stich per;on is s'ltisfaeiory 10 Lender :ind rh;ii ihe ¡nleie..i payable on ihe sums secured hy ihis 1\1(1rtgage shall he at siich rale :1" Lender shall requesi. If Lender h;is w;iived ihe npiion In accelcrale rrovided in ¡hie; par:if!r;irh 17. and if Borr(lwer's SIICCeSs.ri in

inlercst has execuled a wriltcn assumpiion ngrcemcnl ilccepicd in wriiil1~ by Lender. L.ender shnlf rele::se Borrower from all obligations under Ihis M()rlg~ge tlncl the Noic.

H Lender exercises siich option 10 accelcr:iie. Lender Sh:ill mail norrower noiice of ncccler:ition in accordance wiih parngr;iph 14 hereof. SLl~.h notice .'~h;iii provide:i period or nnl less ih;iii .10 day.~ rwm ihe dale the nolÌCe ;5 mailed wiihin which Borro..er may pay ihe slim... dccl;iri~d diie. l( Uorrcmn r:iih. 10 ray ~1H;h "lI11S rr¡or (0 the c.xp;r:iiiCln or siich r~'ricd, Lender m:iy. wiihciut further nor ice or del1nnd (111 !3orrriwer. invoke any renierlies pcrmiued hy paragraph IS hereof. NOi'-UNIFOR~1 COVENANTS, Borrower and L.ender (uriher e(lvcrianl :ind :igrec a'i f(lllows:

18. Aceelerafioii¡ Hciieùirs, Exel'JI:i~ ¡lru\'iùed iii para~rnph 17 hereflf, iipon fiorrO\'tr's hre;ich or an)' co'\"cnant or a~recmenl of Borrower in Ihis Morl~:ige. int/iiding Ihe ('Cl'l'n:lIh fo pay ..hcn due any sums secured by ihis ì\1l)rtg:ige. Lender prior 10 accelcmiion shall mail rrolÎc(' 10 Borrower :1'\ proviried in pnnigrnph 14 hereof specifying: (I) ihe breach: (2) (he nction rC(jliircd 10 (IHe sudi hrcnch: (3) :i dollc, iiolies.. ,Iian 30 days from ihe dale ihe nalice is mailed to Uorrowcr, by whirit

such hreach musl he cured; :ind (.:) 01:1 f:iiltir: '0 nirc !íiidi hrendi on nr hefore Ihe d~i(' specified in ihe noiin'

may res..l! in nccelcr:alion of the ~L1ni~ se(urerl hy Ibis ¡\1nrli,ai.e, roredo~urc by jiidici::l proeeedin~ :ind sale of the Prop('rty. The noliec sh;ill fur1lu.'r infnrni Borrower of Ihe ri~hl III reiiisr:itc ;tfh'r :ir(ch'r:-i!iori ancl lhe ri~hi to a.o;!;crt iii (he for('clt¡"ure proceedin¡. ihc noii-cxislcn(c of a ddriiill or an.... iiilter deremi' cir norrowcr 10 acrt:n:iliol1 ;ind fureclosure. If Ill(' hre:-c1i is nol tlfl"~d UTI or tai.fore lhe dilte !ol'et'ifii'i1 in ihe iinlin, l'i'IHh'r al i'i'iidn\ (li"iiil 1l:l)' di'..:ire nU of the slims ~('('\Ir('11 b~ this !\fongai:e 10 II(, inllncdialC:ly dill' aiid p:i~alili' wíllioiil fllrlli('r dtii:!It1 ;iilt! 1i:1)' roreclo~c flii!; !\1nrl~:lgc h)' jildirÎ:iI pr(I':l.cdirii~. Li:nrli~r ,h:ill ~H' ('lliHkr1", I'illnl iil ~l!di fiii.".'\d;:i~: ;dl "',1' 'li'.", lOr filii" ¡"'''!!i', ;..dl;dil1::. !'i:l ri,d 1;' .. ¡ , n':.~nIlHhle aHnrni'yls f('I'i¡. :i1l11'liqo; iif d'inllll'i/;ii.\ ('iid,.rl\".'. :dl'lra/'h :11111 iiili' rqlrirh.

11). Burruwer's ni~:lil In lh';ii.~f:ik. ~":(lIl':lfh~I;lridjl,!' 1 i'iiki'., ;IiICh.l:illiin id ill.. :.UI111 '.niiied hy ihi, \¡' .1,' Ilnrrowi:r ~1i:i11 havi: ihe rielii 10 Iiavl, aii)' pi''I'i.I-dll1~., l"!,in, I,~. i l!l':11 :" "11,,,,-, ihi', ,\I,lrl~.:.I.I;t; di,uqilllllt.d ..: ..i-,

J71

i

i i

MORTGAGE--P~ge 4 I ! I

I i I I

~nGY 486 ?.',';¡ 26

prinr hi i"nlry of ¡¡ jl1dgJIl\.1l1 cnron:lJ!!~ ¡hi" M(lrr)!;I~',.' if: (;¡) Ih)fri'w~'r i i.,'IHllT all .~lrm~ ',\ hidi w(iuld he then el11-: under

rhi'\\ri'ii~':ir:.. Ilu: 1'1'11: ;ind 1l11!1:., "':.ll!liI1'. F\i!ii:.. ¡\d',:.I.',". ;r ;.:1' 11(\ ;1_'.:t"~r;i:iiili (lCcl:rr..,I: (hI H'.irr(l\\,'r (iiin ;,JL brcadiL'~ ~l( ilny other çovcn;ii~is Ill' :ii:r.ccnii;ni-" of III\rniwcr cim!.iiri~d in Ihis ~'I~I,g:i~c; (e) .Iltirr~wcr y:i)'s :i11 ro:;ii:llOah.lt cXrcmc~ irii:urrcd hy Lender ill l'l\riircin!~ the C(IVcriarih and :L¡:rl'i'IlI,'lii" (if lJilft0i-r coril:lInl'ù II tliio: !\Iortg;i,tc and 111 cn(¡ircing l.ciidcr'~~ TcmcdiLs ;1'; prm-idcd in par:il-:r:ipli l:- here(IC iiicludirq;. hut nol IPniilcd 10, rcnsnnnhh: :illi'ricy's fcC's; ó.iid (d) Ilorrov.'cr iakcs siidi action ;i~ Lender ri:i~' n';I\l1n:i1i1r require Itl 'll¡SllrC thal."'hc lien of this Mtirl,t;igc, Lender's

inlcn:"t in ihe ProperlY anti lIorniwl''s (,hli!~ali(lii In priy ihc $\111\ sl.curcd by ihis i\orig:igc ~h;ill cciniiriiic unimpaired Upon ~iidi p:iynicnl :iiid ciire tir !Jnrniwcr. ¡his 1\lnrr~;igc :iiid llll. olilig:itioiis :-cclIrcd herchy sh:ilt rcm~iio in full force ;inù drccf ;is if no ricccltriliion h;,d occurred. 20, Appoinlrnent of Hcccìnr, Upon accl.lcr:iijoii under paragraph I H hereof (\ ao.inuonmeni of ihe Prcipcriy. Lender shall be ciiiiiled 10 ha..e :i receiver :ippoinfed by :i cOlin 10 eriler upon. lake IH1Sscssion of nnd Il:ioage ihe Prciperiy ilnd 10 collect Ihe renls of 'he Properl)', iIH:ludil1l: ilinsc p:1s1 diie. All reills c(lllcCled hr the receiver sh:111 he :irplicd first 10

paynicril of the em's (If managemeni pf the Pr(i¡ii'rty :ind i:nlkciiiln (,f rents, iiicltidiri£, hui not liniileu to. receiver's fce~, prcmiiims DO receiver's bond:: ílnt! rCíl'inn:ihlc iliinrney's fces. ,ind !hcii 10 ihc slims secl1rcd by ihis 1\f(lrl~a!~i'. nie ri~("('i\(.r .shall he li;ihlc to ¡¡CCOllnl only for ¡hose rcnr.~ ;ic(ii;illy rcccivi't1.

21. Flllnre Ailvnnccs. Upnii ri'qiic:~i of Burrøwer. Lender, :11 Lender's np'iion ¡iri(ir 10 rdease o( ihis :\!lIf(,Ç.i$.l', may make ruturc Adv:inces 10 Borrowcr. Such Flltll!'C Advances, with iiiicre.st thereon. sh~ii be secured by ihis ;\hir1t:ig.e when 'evidcnced ,hy promis~ory notcs ~i;¡iing ili¡ll s;iiu nOIl.S :Jre ~ccurcd hereby, Ai no time sh"ir the princip.i1 :inwiinl (if ihe

indchicdness secured by this Morig¿¡ge, Twt iricluding sums atlv;inci.d in accord:.rice herewith to protccl ¡he security (if this Morig::ge, exceed ¡he original nmounl of ¡he NOIC (US S. . . . , . . . . . .) plus ihe "ddiiiomil sum of US.). 22. Relcnse. Upon pnymeni of :111 sums seciired by Ihis ¡\0rtgngc, Lender shill! release ihis Mong:i¡:c wiih(,ul charge to Borrower. Lender Shílii pay nil COSls of rccordniion, if aii)'.

23, l"'ni',er of Appr:iisemcnl. Appraisement of the Properiy is herdi)' waived or not wnived at Lenùcr's Clpiion, which shall he c;.erciscu at the iime juùgnieni is rendered in :lIy f(,)n'cJosilre hereof. 24, Assiimpiion Fee. If ihen: is nn :is~l1nirtion purs\i;irit to p:iragr:1ph 17 hereof. Lender may chnr¿;c nn nssiinip~ìon fce

of US S, , 50.0, .00, , " , , . , , IN \VITNE5S WHEREOF, Borrower has executed ihis Morlg;igc.

..,.'~?-l.,~A J¿"J~", n.OIJEI~T l\. SLEPK1\

-Oorrowpr

,. ,.~~,.I C.,SPc ~QÇç.,....., RENrò C. SLf.PKA ,"¡.n \ STATE?l: QKl~!!?~~'.:'-",:", ~.l.~l~~~:-.

-(lorrlj..er

..... .COl1ntyss:

'.' I':,.. ,-' . d¿:\.' of S,'e, ,pt,e,in,b,~,.r,,' 1032

Thé .for~g~j~i'io'si.ru~~nt Vv'íl5 ;idriowkdgcd hcfore niv ihi:-, . 7th

b;:,' , '~'¡;".:f~tfr!.~.i,C/,!,'i. ?~:'pk,a anel, Ire;i,e ,C. S1cpka, liusbi1nrl and wife I"~:~',.."..,,, lperson .:ckn~~'lcd¡:;ni:)

M;-CO~h;~iròl\l?~;jç~~:' ::' ~ ..:..,...:-...

""'~':~"~ A; ;,';;';. ~ i .,.'

Hay 18';"'1988'

./.1.

.~) /

. - . ._..'.'. ._', (,::('~-';:;~.¡'~-:~:.,..,,: . . . . . .

Karl d D. ',\'ooct.s Nnl..iiy Public

(Spiici~ Below Thi~ Line'Rcsiir..ed for lcmh'r ..nd Rl'cordN)

:.lj.

-l72

MORTGAGE-':Page 5

.(.'JC r.,

2n~l l~;. L U :l'.i:~ ~ l

'LOAN RIDER

ADJUSTABLE RATE

NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS

A PROVISION ALLOWING FOR CHANGES IN TH~; INTEREST RATE. INCREASES IN THE INTEltEST RATE WILL RESULT IN HIGHER PAYMF.!'TS.

DECREASES IN nIE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. i, . . . .s:-~t:-~n~':-r. . . . . . " i 9. .8.2. " andis incorporated into an~ ~)iaJl This Rider is made this. . ;~~ . . of day be deemed to amend ~nd SUpplciicniihc Mortgage, Deed or Trust, or Deed to Secure Debt (the tlSccuriiy Instrument") of the same date given by the undersigned (the "Borrower") to s~curc Borrower's NOl~ to . . . . . . . . .. .... .. . .... .G~ANP. SlI.'-INGSAN.Q .L9,A.lI~~qÇIA1IqN.............. ..............................

(the IlLcndcr") of the same date (the "Note") and covering the properly described in the Security lnstrumcnt and located at . . . . . , . . , . . . . r... .'). ~ ?n~? ,n,t;. .~ n.': r r-~. ~~ . .-: ~..;:? ri.~ Y.J, . !). K. .~ 1.1.3.I! 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . Property A dr1ri~H

Modifications_ In addition to the covenants and agreements m;:de in the Security Instrument, Borrower and Lender further ,covenant and agree as follows:

A. INTERET RATE AND MONTHLY PAYMENT CHANGES The Note has an "Initial Interest Rille" of ~ ? : . ~ 0(0. The Note interest rate may be increased or decreased on the .. ~~.t day of the month beginning on . ~~?P?,.... . .... ", 19. 8? . and on ihat day of Ihe month every . ~?. months thereafter.

Changes in the interest rate arc governed by changes in an interest rate index called the "Index". The lndex is the: iCheck one box to indicate Index.! (I) 0' "Contract ¡nterest Rate, Purchase of Previousli' Occupied Homes, National Average for all ~jajor

Types of Lenders" published by Ilie Federal Home Loan Bank Board.

(2) D'.. .. .. .. .. .. . , . .. .. .. . .. .. .. .. . .. .. .. .. (Check one box to indicale whether ¡here is any m(1.Ú"IWlI (imii on chiingi!s iii (hI! ¡rl(t'fl'.I'! rute Oil i'aeli Change Datl?; if /10 box is ch~'ekcd (li('ft!..i: be no maximum limit on c1lOnRC5.¡

(1) 9 There is no maximum limii on changes iii the interesl rate at niiy Change Dnte. (2) 0 The inlerest rate caniiot be changed by more thaii . . . . . percentage poinis at any Change Date. If the interest rate changes, the amount of Borrower's monthly payments wil chang:: as provided in the Note. rii-

crcnscs in the inlerest rate wil result in higher p,iymciils. Decreases iii (he intere~t rate will result in lower payment:;. ß. LOAN CHARGES It could be that the loan secured by the Security Instrument is subject to a law which sets maximum loan charges and that law is interpreted so that the interest or other loan chrirges collected or to be coHected in connection ,..ith (he

loan would exceed permitted limits. If ihis is the ca,e, ihen: (A) any such loan charge shaJl be reduced by ihe amount necessary to reduce the charge to the permitted limit; and (n) any sums alre;:dy collected from Borrower which exceeded permitted limits wil be refunded to Borrower. Lender may choose to make this refund by reducing the principal

owed under the NOle or by making a direct payment to Borrower. . C. PRIOR LIENS

If Lender determines that all or any part or the sums secureu by ihis Security Instrument are subject to a lien which has priority over this Security Ins~niment, Lender may send Borrower a notice identifying that lien. Borrower shaJl promptly act with regard 10 thai lien as provided in paragraph 4 of ihe Security lnslrument or shall promptly

secure an agreement in a form satisfactory to Lender subordinating that lien to this Security Instrument. D. TRANSFER OF THE PROPERTY Irthere is a transfer of the Properly subjeclto paragrarh 17 of ihe Security ¡nstrumenl, Lender may require (I) an increase in the current Note interest rate, or (2) an increase in (or removal of) the limit on the amount or anyone in.. teres'rate.change (if there is a limit), or (3) a change in the Base Index figure, or all of these, as a conditon of Lender's "w.n-iving ihe option to accelerate provided in paragraph 17. '"'By,.:ign;ng this, Borrower agrees to all of ihe above.

,£?Iv'£ ¡J I; L ............~~...... H()I3~~i~'l A. SLEPK1\

. (Seal) -rJrirrü..cr

.-~)~I;.'.~;:~;:~ s.S~.==-=~9?-,\ .. (S"I) -Bo1rC'\\cr

. II fOir.,r film! Mr.' )-OX Îl (/irfJ;rlf or il 'I') "nt ¡. ,.I;r.'lol, "",! I .'nd,', (i~'! (I"""" r' rln nul ",¡',... ',' a ..,.t ;'1 i." r~.'.. ,.1:1' fi'-': f'l,!,"r -;¡;,r:,-c! .. " ~~;~~ ~ SA!' i:)II~"'1 .."I rc

ADJUSTABLE Hr'.TE LDM.I BIOER-s,.!-flltU.C U,"(lIlM ",STRUM(IT

FILED:

Seiptember 8, 1982 at 2:31 p.m. Recorded in Book 436 Pages 23-27.

173

Ih

CERTIFICATE ST ATE OF OKLAHOMA ss.

COUNTY OF DELAWARE

l -l ~ II

The undersigned, doe hereby certfy that the foreoing sheets numbere from ..~. ,.,1 10 '~ "'") 11. a tre and corred abstract of all instruments fied for reord or reorded in the offce of the County Clerk (fonnerly Reger of Des) of

both inclusive, contain

said County affecting the title to the following desnbe real estate in sad County and Slate:

Lot 7, Block 2, East Addition to Lakemont Shores and Bay Club, a subdivision, according to the latest recorded plat thereof. (Formerly AllySqh~ Acres)

SINCE:

February 26, 1982 at 7: 55 a.m.

That there are no judgments, transcripts of judgments, foreign executions, probate proceeings, suiL~ pending, or liens of any Idnd affecting the titRe to said

real estate in any of the court of reord in said County, rendere or on me, as appears from the reords in the offce of the Court Clerk thereof. ALL instruments under Commercial Code are omitted from this abstract except as shown:

None.

That according to the ta reords in the offce of the County Treurer said real estate lias ben as for each and every year, there are no taxes, either

general or speiai due and unpaid, or any ta sales thereof unreeemed; that no lax dee have ben ?iven thereon; that there is no i10tice of taes due the United

States of America fied in the offce of the County Clerk, which are a lien on said real estate, except personal taxes !lot certified: in accoroance with Title 68, §etions 361-363, Okla. Stats. Ann.. Taxes is years old are nol certfied. There are no ¡rrsmiallix liens existing on Personal Tax Lien Dockel unles olherwise indica ted.

Taxes for the years 1981 and 1982 are paid.

The undersigned is a duly qualified and lawfully bonded abstl'ctor whose bond is in full force and effect at the date of Ihis certificate. Dated at Jay, Oklahoma, this the 2 3 rd day of

March

A.D. iiß 3 a17-i o'clock

AM.

Attest:

::-- --\ :\. ,.' ,.. §

II

o

'_',._,;~-'_d~\,,,. \.' i'.\:\ .~ddt:,t\h ('¡,; .u~:~/ .'. .. .r.. ,'''', \"1 \" 'r ~..! ,...., ,-,,,.,", . ...// Seretary ..,~ ...~,L_;'~~,__l ~ ~-"..., '~-""'" ~ K----.--i~r By

i J \) ¡ 74 \. ~/ "--.:,/ _../' '-.-.,,'- -r.

GRAND RIVER ABSTRACT AND TITLE CO. Bonded Abstractor

. '~- ~"-",..., .'...."..

"....--',,:-,.,"-,0... ._,.~~~. ,...,,....-:

, Pi'ident '~~.,e'¡,)'