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HomeMy WebLinkAboutPark Lane 1414 abstract list August 2017August 4, 2017 Beach Abstract & Guaranty Company, Inc. 100 Center Street - P.O. Box 2580 Little Rock, AR 72203 (501) 376-5652 Direct line (501) 376-5667 Facsimile Email: ddavis(agbeachabst.com City Of Little Rock Department of Housing & Neighborhood Programs (Demolitions) Attn: Rick Purifoy 500 W Markham Street - Ste 120 West Little Rock AR 72201 Beach No. S17-8002 Lighthouse Center Inc - 34LO200805500 1414 Park Lane - Little Rock AR RE: Lot 9, Block 157, Weldon E. Wright's Addition, Pulaski County Arkansas (OCLR1) Dear Mr. Purifoy: Pursuant to your request, we have checked the real estate records of the Circuit Clerk of Pulaski County, Arkansas from October 30, 1979 to July 24, 2017 at 7:00 a.m., concerning the above referenced property and find the following documents filed: Warranty Deed executed October 26,1979 by Martin S. Dorman and Carol J. Dorman, his wife to George Pike Jr., filed for record October 30, 1979 as Instrument No. 79-51430, records of the Circuit Clerk of Pulaski County, Arkansas. (This deed assumes a Mortgage in Deed Book. -1659 Page: 23 that has since been released in Instrument No. 85-03611) Release Deed executed December 31, 1984 by for record asInstrument No. 79-51430 is now hereby released and discharged in full, filed for record January 21, 1985 asInstrument No.85-03611, records of the Circuit Clerk of Pulaski County, Arkansas. Page 2 Mortgage executed November 22, 1987 by and between George Pike Jr and Jean Pike, husband and wife and Pike Farms, Inc., filed for record December 3, 1987 as Instrument No. 87-74764, records of the Circuit Clerk of Pulaski County, Arkansas. Mortgage executed March 25,1988 by and between George Pike Jr and Jean Pike, husband and wife and Pike Farms, Inc., filed for record April 11, 1988 as Instrument No. 88-17170, records of the Circuit Clerk of Pulaski County, Arkansas. Mortgage executed April 20, 1988 by and between George Pike Jr and Jean Pike, husband and wife and Pike Farms, Inc., filed for record April 21,1988 as Instrument No. 88-19469, records of the Circuit Clerk of Pulaski County, Arkansas. Mortgage executed June 20, 1988 by and between George Pike Jr and Jean Pike, husband and wife and Pike Farms, Inc., filed for record June 28, 1988 as Instrument No. 88-33510, records of the Circuit Clerk of Pulaski County, Arkansas. (I show no releases for any of the above Mortgages.) Warning Notice executed August 31,1995 by City of Little Rock, Department of Neighborhoods and Planning Housing Programs, Administration and Enforcement to George Pike Jr., filed for record August 31, 1995 and recorded as Instrument No. 95-50790, records of Pulaski County, Arkansas. Quitclaim Deed executed March 27, 1996 by George Pike Jr and Jean Pike, his wife to The Lighthouse Center Inc., filed for record May 2, 1996 as Instrument No. 96-32060, records of the Circuit Clerk of Pulaski County, Arkansas. Redemption Deed No. 130827 executed April 29, 1999 by Charlie Daniels - Commissioner of State Lands State of Arkansas, was paid in the amount of $1,531.07 by Lighthouse Center Inc for the Tax Years of 1989-1997, filed for record May 1.1, 1999 as Instrument No. 99-35495, records of the Circuit Clerk of Pulaski County, Arkansas. Enclosed please find a copy of the above document(s) along with our invoice for this service. Page 3 This is not to be construed as a title certificate, title opinion or title insurance. We do not certify as to the validity of title and our liability is limited to the amount paid for this service. If you have any questions, please do not hesitate to call. Si cerely, C6 Donna Davis Special Service Department 501-376-5652 Enclosures : r0 79-51430 -ter COUNTY TITLE CO.. INC. PULASKItoll NT.t�_t jM&OiNPANY 5.-• •241 EVERGREEN PLACE by: RALPH 'i. CL' -'AR. 1R. 1100 N. UNIVERSITY At(crneY =i Law : LIT'�tifl'fdl E SUIlf 17' etc[ 11t PI ACE EE 1100 NORTH UNIR"ERSM Suite 1716 :5(=J.%tc(AIV B4 )k t I*,"[) LITTLE ROCK AR'K1,VSAS71207 First National B.'Wing 'aOR7Hll TlF RCt[h']tt{)f��iaS�lnt. WARRA f DEV'b- With Lien and Relinquishment of Dower KNOW ALL MEN BY THESE PRESENTS: That wee. Martin S. Dol_zttan and Carol J. Dorman, _-his w.fe, Grantors. for and in consideration of the sun, of Fifteen Kiausa>xi and N0/100----------nOLLARs ($ 15,000.00 of which the sum of —11"'o Viand and M/100 ----------.____—__DOLLARS ($_2,1,00-12__) is cash in hand paid to us by George Pike, Jr. , C,�ttK V µ-------------- d --- ' ' and receipt of which sorra is hereby adkttowledged. and for part of the remaining cum or Thirteen ThOUSdIKiandNo/100— I)OLLA 13,000.00 � 1 the said Cnntee— ha_$ executed one imullment note of even date herewith. bcaritgi, interest at the rate of Ten per cent per annum from date until maturity, interest after maturity until paid at the r►r- of 10% per annum: said note in the principal sum pr Seven T.ha:szirKl Five Hundred and No/100- — ---- a 7,5GJ.00 4 i � DOLLARS payable ss follows: An installment o[ Seventy-five and No/100-------- Dpi 75.00. � •.c "` due and payable on or before the 5th] gay of� I, nynobm _19-29— and as imudiment . I oL Seventy-five anti 2Io/100—.COLLARS n 75.00 3' due and 94vable al or before the 5th 16 dui succeeding month theteaft The installment shall ifra be at toward the payment of interest, and next toward the reduction of the principal. Said note be ng Payable to the said"ic"+ at the office of _ . Lsrra n .o do hereby grant, bargain. sell and convey room Pulaski the said Grantee__ and unto h1S heirs and assigns, forever. the feliowin land lying in the County of and sore of Arkansas, to -wit: ** through and including the 5th day of Not•sftber, 1984; then the balance of principal together with accrued interest due on or before Dwember 5, 1984. Lot 9, Block 157, ORIGINAL CITY CF LITTL^c ROCK, Pulaski County, Arkansas. As an additional consideration for this conveyanoe, the Grantee herein hereby a�cenrata and agrees to pay the unpaid balance now due on that certain mote secured by and identified in that certain Mortgage in favor of First American National Bank, record in Mortgage Book 1659, Page 23, records of Pulaski County, Arkansas. S d FILED &'-'E (}c r n Op'l 11A lien h hereby retained upon the said land to seise the payment of the sold nae. If default L nude its the payment of any of the above described inuallments of said note exceeding 1XZY days. all of the remaining unpaid installments of said tate shall at once bvo me due and payable for the purpose of foreclosure, The said Grantee— watve--fi all right of redemption by formlowre under any lawn of the State of Arkamu. s y The Grantee— herein agrtd_ to pay all future tam, both once and county and sptdal7 mount istry beat district assenments ai� becoming due after this date and to maintain both fire and tornado insurance in an aof � 'tad pay the premium on acne as It becomes due and payable. Should the Grantee— fail to pay the said rages Or maintain orris itrunoce. or Fail m pay the monthly installments on the fire mortgage in favor r+ First Attlerican National Bank the Grantors herein may pay the vacs, procure the insurance at the expeo+e of the Grantee— andpar any delinquent monthly sa falmena uta the fire moctpige on aaid property, and the ams paid therefor shall became immediately doe aid payable. And Should the Grantee— fail to pay the assn accrued within to days. then the Granwr5 or their melgs at the bolder of chic note may. w dm* option, dedare ap of the mmaiai g repaid Intallmsnts of r►d note due and payable tgeeher with istterat dretsan toe the pnpom of fm elsome. To have and to bold the same unto the aid Graeae— and rata his hd" and ammo, tuner, with allap�relt shmumsw e�rgg.. And we hereby covenant with the said Granite— that we trM WARRAN'1 and DMXD the dole b d. M bud against7d@hw of all ptssom whommever. 79-SA,4t 0 K F' F MW AAM' x r 1 And I, _ Carol J. Dorman wife of the said_ Mart S. Dorman _for and in conaderavowt of -_ the said sum of money, dtr here release and relinquish unto the said Grantee— all my right of Dow'tr and Homestead in :s,;nd to the said land. IN TE(S�T``"Y WH 2 EOi', we hast hereunto set our hands 26th _—day o October_ %9 79 A. LAM (Seal) S. 0Ctnl) _ Carol J. Do - CERTIFICATE OF RECORD STATE OF ARKANSAS County of Pviaski 1r l•. -- -- ---- - — -- -- — Entatic Ckrk ami V _. E%Olfirio Recorder in and for the County of Pulaski, do hereby certify that the fotelloing instrument of writimg use filed far record in my office on the_- day OL— _A. D. 19— at o'clock M.. and the same is now duly recorded, with the acknowledgment and oetiBtate ieeeom. fm Record -' s.v.k _—__on page_ IN WITNESS WHEREOF, I have bereunm set my Iuusd and affixed the Mal of my office ow. a•y My _D. C. Clerk and Ex•Offfafa mernwfr► z" 2_ Z r I U Y � ACID OWLEDGAJ ENT � + STATE OF ARLINSAS � County of PAGO&= L BE rT R11 RED, That on this day came before the undersigned, a Notary Pvitlfic, within and for the County aleitesaid. duly commissicoW and acting, Martin S. Dorrrim and Carol J. Dornan, his wife, to me well known as the Grantor in the foregoing deed, and stated that they —hail executed the sante for the consideration and purposes therein mentioned and set forth. ,•:: And on the same day also voluntarily appeared before me the said_ Carol J. Darmalt n �.. of the said Martin S. Dorman �o to me well known, and in the absence of her said husband, ack.nowledgrcl and d, clared that she had of her own free will. executed o said deed, atwf signed and sealed the relinquishment of do wer and of homestead rights in the foregoing deed, for the consideration and purposes therein mentioned. contained and set forth, without compulsion or 3wduc iviltaente of her said btrabassd WITNESS my hand and seal as such Notary Public off this 26th. 'OCtobe _ 19 � I /' y.4:" ; My mnrniasicsn expires: K?}'-TNotary Public. 6-10-91' CERTIFICATE OF RECORD STATE OF ARKANSAS County of Pviaski 1r l•. -- -- ---- - — -- -- — Entatic Ckrk ami V _. E%Olfirio Recorder in and for the County of Pulaski, do hereby certify that the fotelloing instrument of writimg use filed far record in my office on the_- day OL— _A. D. 19— at o'clock M.. and the same is now duly recorded, with the acknowledgment and oetiBtate ieeeom. fm Record -' s.v.k _—__on page_ IN WITNESS WHEREOF, I have bereunm set my Iuusd and affixed the Mal of my office ow. a•y My _D. C. Clerk and Ex•Offfafa mernwfr► z" 2_ Z r I U Y � L Q rs �o o I C_' Y Z F I ~ K I Z W~<<� J to a � o Az. r At I zIf Z L 'tA CERTIFICATE OF RECORD STATE OF ARKANSAS County of Pviaski 1r l•. -- -- ---- - — -- -- — Entatic Ckrk ami V _. E%Olfirio Recorder in and for the County of Pulaski, do hereby certify that the fotelloing instrument of writimg use filed far record in my office on the_- day OL— _A. D. 19— at o'clock M.. and the same is now duly recorded, with the acknowledgment and oetiBtate ieeeom. fm Record -' s.v.k _—__on page_ IN WITNESS WHEREOF, I have bereunm set my Iuusd and affixed the Mal of my office ow. a•y My _D. C. Clerk and Ex•Offfafa mernwfr► z" 2_ Am 85 03611 RELEASE DEED FORM N... 971 1.4'"s 2 KNOB' ALL MEN BY THESE PRESENTS: That in consideration of the full payment of all indebtedness mentioned in a certain -------------------- WARRANTY __ ___________WARRANTY DEED October :.6 79 - -------------- I ..................... .. .. ..........dated ....... ....... .- ..------- -- --------- ...., 19 .. , and instrument No. 79-51430 recorded in OW . ......... ..... ..**§ik------------- ------ _ in the Circuit Clerk's office in and for .......... ..._------------------------- -.County, Arkansas, said indebtedness originally having been owed by GEORGE PIKE, JR. and JEAN PIKE !MARTIN DO -MAN and CAROL DORMAN -- -.................... ------------- --------to ----------------------------•---- -- -------------------•-------------------- PLLASKI and secured by a lien on the following property located in .._... ..__Courty, Arkansas: Lot 9, Block 157, Original City of Little Rock, Pulaski ------------------------------------------------------ ------------ __........ .....-............... - -------- -- ..___---__... _Arkansas - - - - - -------------­- -------------------------------------- ------ -------------- ......-............... ----------• --•-•-------......... ;_----_-.------�4--- ..........._._.....---------•---------------------------------------------------- - - -------..----------- - -- ---------------------- 85 -- --- --- --------a yx �7 Ao C7 said lien on the property above mentioned is hereby released and discharged in full on this-- NN! day of.--Decembor.----•._....._•-•-- 1984-•-- GIVEN under my hand and seal on the day ander;above ywntic ped. A xx- _ r ------ ----------- -- ....... •w-�, 400,1 f 1?O- CA ACKNOWLEDGMENT STATE OF ARKANSAS, County Of---. PULASSKI ------•---a •------•---- - el { �.-, before the tmd�pN. da this .._..._:�.._._._.�_-...day of__.-1.;LRa a�aaR__.___ , 19 notary public _.; _ :.--.-----....__ __-_-----•---., duly commissioned and acting, appeared is VU6 son the within --- ------------ to me pseaonift 1 wall known as the grantow_ in the foregoing" roease dead and stated that..._thjmy__.iad esecoW *a sous for the consideration and purposes thldrein^^mentioned and sat forth IV 4H{i" i1*). .................. dltT esu+r.aY�.�:�!•�.4a.9_::__.._..._...__...� 470 r SLED $ RECORDEL MORTGAGE 1SU37 DEC -3 /p1,11 4: j 1 With Power of Sale (Realty) UETTA ALEX1hDEr2' KNOW ALL MEN BY THESE PRESENTS: That GEORGE PIKE, JR. and JSAN PIKE, husband and wife, GRANTORS, for and in consideration of the sum of One Dollar ($1.00), to GRANTORS in hand paid, the receipt of which is hereby acknowledged, and in consideration of the premises hereinafter set forth, do hereby grant, bargain, sell and convey unto PIKE FARMS, INC., GRANTEE, (whether one or more) and unto GRANTEE'S heirs [successors] and assigns forever, the following property, situated in Pulaski County, Arkansas: Parcel 1: (6119-6313 Butler Road and 1-24 Strickland Cove, Little Rock, Arkansas.) Lots 1, 2 and 3 Barber's Cove Addition, a replat of Lots 1, 2 and 3 Humphries and Richardson replat of Tract 13, and all of Tract 9, except the North 122 feet thereof, L. B. Leigh and R. C. Butler Acres, a Subdivision in Section 30, Township 1 North, Range 12 Fest, And Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 13 and 13, Strickland Cove Addition to the City of Little Rock, Pulaski County, Arkansas. Parcel. 2: (7402-7414 Mabelvale Pike, Little Rock, Arkansas.) The South 299 feet of the West 330 feet of the East Half of the SW 1/4 of the SW 1/4 of Section 25, Township 1 North, Range 12 West. Parcel 3: (14705-14711 Kanis Road, Little Rock, Arkansas.) Part of Tract 8 of SACHS SUBURBAN TRACTS, in Pulaski County, Arkansas, described as follows: Commence at a point 829.6 feet East of the Northwest corner of said Tract 8, thence South 0 degrees 26 minutes West 222.9 feet; thence North 87 degrees 24 minutes East 294.3 feet to a point on the Westerly right- of-way line of 12th Street Pike; thence North 36 degrees 24 minutes West along right-of-way line 264.8 feet; thence West 132.9 feet to the point of beginning, LESS AND EXCEPT the North 5 feet thereof, dedicated as a portion of Bandy Lane; AND P Part of Tract b of f,ACHS SUBURBAN TRACTS, in Pulaski County, Arkansas, described as follows Commence at a Northwest corner of said Tract 8; thence East along the North line of said Tract 8 a distance of 804.1, feet; + thence South 0 degrees :6 minutes West 222.9 feet to the point of beginning; thence con- tinue South 0 degrees 26 minutes West 75.1 feet to the South line of said Tract 8; thence r L, _ 471 North 87 degr,.:es 7.4 minutes East along said South line 374.2 feet to a point on the Westerly right-of-way line of 12th Street Pike; thence North 36 degrees 42 minutes West along said right-of-way line 90.6 feet; thence South B7 degrees 24 minut.^s West 319.3 feet to the point of beginning. Parcel 4: (522 East 15th Street, Little Rock, Arkansas.) Lot 789, Block 157, Original City of Little Rock, Pulaski County, Arkansas. Parcel 5: (1512, 1517-1518, 1522 Commerce Street, Little Rock, Arkansas.) Lot 789, Block 53 and Lot 4, Block 62, Original City of Little Rock, Pulaski County, Arkansas. Parcel 6: (1707, 1711 Rock Str4.jt, 409-422 East 17th Street and 1706 Commerce Street, Little Rock, Arkansas.) Lots 1, 2, 3, 10, 11 and 12, Block 161, Original City of Little Rock and the East 37 feet of Lot 4 and all of Lot 5, Block 401 DuValls Addition, Little Rock, Pulaski County, Arkansas. Parcel 7: (2102 Rock, Little Rock, Arkansas.) South 38 feet of Lot 10 and all of Lots 11 a..3 12, Block 411, DeValls Addition, City of Little Rock, Pulaski County, Arkansas. Parcel 8: (2200 Louisiana Street, Little Rock, Arkansas.) Lots 1, 2 and. North Half of Lot 3, Block 430, DeValls Addition to the City of Little Rock, Pulaski County, Arkansas. Parcel 9: (1712 Broadway, Little Rock, North Half of Lot 10 and South Half of Lot 11, Block 204, Original City of Little Rock, Pulaski County, Arkansas. Parcel 10: (2100 Battery, Little Rock, Arkansas.) Lot 12, Block 3, Oak Terrace Addition, City of Little Rock, Pulaski County, Arkansas. Parcel 11: (2100 Ringo, Little Rock, Arkansas.) The North 10 feet of Lot 11 and all of Lot 12, Block 29, Weldon Wright's Addition, City of Little Rock, Pulaski County, Arkansas. Parcel 12: (1921-1924 Schiller, Little Rock, Arkansas.) Lots 12, 13 and 14, Block 5, Lots 10 and 51, Block 6, Moore and Pezel's Addition to the City of Little Rock, Pulaski County, Arkansas. Parcel 13: (2519 West 16th Street, Little Rock, Arkansas.) Lot 5, Block 13, Worthen Brown's Addition, City of Little Rock, Pulaski County, Arkansas. -2- z . 4'72 TO HAVE AND TO HOLD the same unto the said GRANTEE, and unto GRANTEE'S heirs [successors] and assigns forever, with all appur- tenances thereunto belonging; and all rents, income, and profits therefrom after any default herein. We [I] hereby covenant with the said GRANTEE, GRANTEE'S heirs (successors] and assigns, that said lands are free and clear of all encumbrances and liens, and will forever warrant and defend the title to said property against all lawful claims. Ana we, GRANTORS, George Pike, Jr. and Jean Pike, for the consideration aforesaid do hereby release unto the said GRANTEE and unto GRANTEE'S heirs [successors] and assigns forever, all our right and possibility of dower, curtesy and homestead in and to the said lands. The sale on the condition, that whereas, GRANTORS are justly indebted unto said GRANTEE in the sum of Ore Hundred Thirty -Eight Thousand and No/100 Dollars x$1:38,000.00), evidenced by a pro- missory note dated November 22, 1987, in the sum of $138,000.00, bearing interest from the date of each advance until due at the rate of 11.09 per annum, on the date of the Mote, such rate to be adjusted upward, but not downward, in the event of any rise in the Federal Reserve Discount Rate during the term of the Note, to the extent of such rise, effective on the day following any such rise, so that_ the rate of interest thereunder shall always equal the maximum rate set forth in Amendment GO to the Arkansas Constitution, payable as follows: Interest, so computed, only, shall be payable on the 5th day of each month hereafter, beginning January 5, 1988 and continuing through December 5, 1988. The entire prin- cipal plus accrued interest is payable on or before January 5, 1989. This Mortgage shall also be security for any other indebted- ness of whatsoever kind that the GRANTEE or the holders or owners of this Mortgage may hold against GRANTORS by reason of future advances made hereunder, by purchase or otherwise, to the time of the satisfaction of this Mortgage. In the event of default of payment of any part of said sum, with interest, or upon failure of GRANTORS to perform the . 473 agreements contained herein, the GRANTEE, GRANTEE'S heirs [successors] and assigns, shall have the right to declare the entire debt to be due and payable; notice to GRANTORS is waived, and said option may be exercised at any time after default; and GRANTORS hereby covenant that they will keep all improvements insured against fire, with al'. other full coverage insurance, loss payable clause to holder and owner of this Mortgage; that said improvements will be kept in a good state of repair, ant. waste will neither he permitted nor committed; that all taxes of whatever nature, as well as assessments for improvements will be paid when due, and if not paid, GRANTEE maypaysame and shall have a prior lien upon said property for repayment, with interest at the rate of ten percent (108) per annum; now, TFEREFORE, if GRANTORS shall pay all indebtedness secured herp')v, with interest, at the times and in the manner aforesaid, and perform the agreements herein contained, then this.conveyance shall be void. In case of nonpayment or failure to perform the agreements herein contained, the said GRANTEE, GRANTEE'S heirs [successors] and assigns, shall have the right and power to take possession of the property herein conveyed and expel any occupant therefrom without process of law; to collect rents and profits and apply same on unpaid indebtedness; and with or without possession to sell said property at public sale, to the highest bidder for cash, at the East Door of the Courthous>, Pulaski County, Arkansas, public notice of the time, terms and place of sale having first been given twenty days by advertising in some newspaper published in said County, by at least three insertions, or by notices posted in five public places in the Councy, at which sale any of the parties hereto, their heirs [successors], or assigns, may bid and purchase as any third person might do; and GRANTORS hereby authorize the said GRANTEE, GRANTEE'S heirs [successors], or assigns to convey said property to anyone purchasing at said sale, and to convey an absolute title thereto, and the recitals of such conveyance shall be taken as Prima facie true. The proceeds of said sale shall be applied first, to the -4- 87-74764 ­ 474 payment of all costs and expenses attending said sale; second to the payment of all irdebtedn.ess secured hereby, with interest; and the remainder, if any, shall be raid to said GRANTORS. GRANTORS hereLy waive any and all rights of appraisement, sale, redemption, and homestead under the laws of the .tate of Arkansas, and especially under the Act soproved May 8, 1899, and acts amendatory thereof. WITNESS our hands and seal this 22nd day of November, 1987. _(seal) ORGE PI , JR. (seal) E PIKE by George Pike, Jr., A orney-in-Fact (Pulaski County Circuit Clerk Document No. 86-81111) ACP' e10WL DGMENT STATE OF ARKANSAS ) ) Ss. COUNTY OF PULASKI ) On this day, personally appeared before me GEORGE PIKE, JR. and JEAN PIKE by, George Pike, Jr., Attorney -in -Fact (Pulaski County Circuit Clerk. Document No. 86-81111), known to me o be the persons whose names are subscribed to the within instrument and acknowledged that they executed the same `or the purposes therein contained. WITNESS ray hand and official see-- on this !znd day of November, 1987. J61w., -� otary Public My Commission Expires: -5- 633 APR I I F;1 3: 33 MORTGAGE With Power of Sale (Realty) KNOW ALL MEN BY THESE PRESENTS: That GEORGE PIKE, JR. and JEAN PIKE, husband and wife, GRANTORS, for and in consideration of the sum of One Dollar ($1.00), to GRANTORS in hand paid, the receipt of which is hereby acknowledged, and in consideration of the premises hereinafter set forth, do hereby grant, bargain, sell and convey unto PIKE FARMS, INC., GRANTEE, (whether one or more) and unto GRANTEE'S heirs [successors) and assigns forever, the following property, situated in Pulaski County, Arkansas: Parcel 1: (6119-6313 Butler Road and 1-24 Strickland Part of Tract 8 of SACHS SUBURBAN TRACTS, in Pulaski County, Arkansas, described as follows: Commence at a point 829.6 feet East of the Northwest corner of said Tract 8, thence South 0 degrees 26 minutes West 222.9 feet; thence North 87 degrees 24 minutes East 294.3 feet to a point on the Westerly right- of-way line of 12th Street Pike; thence North 36 degrees 24 minutes West along right-of-way line 264.8 feet; thence West 132.9 feet to the point of beginning, LESS AND EXCEPT the North 5 feet thereof, dedicated as a portion of Bandy Lane; AND Part of Tract 8 of SACHS SUBURBAN TRACTS, in Pulaski County, Arkansas, described as follows: Commence at a Northwest corner of said Tract 8; thence East along the North line of said Tract 8 a iistance of 804.6 feet; thence South 0 degrees 26 minutes West 222.9 feet to the point of beginning; thence con- tinue South 0 degrees 26 minutes West 75.1 feet to the South line of said Tract 8; thence -1- Cove, Little Rock, Arkansas.) Lots 1, 2 and 3 Barber's Cove Addition, a replat of Lots 1, 2 and 3 Humphries and Richardson replat of Tract 13, and all of Tract 9, except the North 122 feet thereof, ,y. L. B. Leigh and R. C. Butler Acres, a ' Subdivision in Section 30, Township 1 North, Range 12 West, :r .s. And Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 13 and 13, Strickland Cove Addition to the city of Little Rock, Pulaski County, Arkansas. Parcel 2: (7402-7414 Mabelvale Pike, Little Rock, d�Arkansas.) The South 299 feet of the West 330 feet of the East Half of the SW 1/4 of the SW 1/4 of Section 25, Township 1 North, Range 12 West. Parcel 3: (14705-14711 Kanis Road, Little Rock, Arkansas.) Part of Tract 8 of SACHS SUBURBAN TRACTS, in Pulaski County, Arkansas, described as follows: Commence at a point 829.6 feet East of the Northwest corner of said Tract 8, thence South 0 degrees 26 minutes West 222.9 feet; thence North 87 degrees 24 minutes East 294.3 feet to a point on the Westerly right- of-way line of 12th Street Pike; thence North 36 degrees 24 minutes West along right-of-way line 264.8 feet; thence West 132.9 feet to the point of beginning, LESS AND EXCEPT the North 5 feet thereof, dedicated as a portion of Bandy Lane; AND Part of Tract 8 of SACHS SUBURBAN TRACTS, in Pulaski County, Arkansas, described as follows: Commence at a Northwest corner of said Tract 8; thence East along the North line of said Tract 8 a iistance of 804.6 feet; thence South 0 degrees 26 minutes West 222.9 feet to the point of beginning; thence con- tinue South 0 degrees 26 minutes West 75.1 feet to the South line of said Tract 8; thence -1- f1 AJI Z .l North 87 degrees 24 minutes East along said South line 374.2 feet to a point on the Westerly right-of-way line of 12th Street Pike; thence North 36 degrees 42 minutes West along said right-of-way line 90.6 feet; thence South 87 degrees 24 minutes West 319.3 feet to the point of beginning. Parcel 4: (522 East 15th Street, Little Rock, Arkansas.) Lot 789, Block 157, Original City of Little Rock, Pulaski County, Arkansas. Parcel 5; (1512, 1517-1518, 1522 Commerce Street, Little Rock, Arkansas.) Lot 789, Block 53 and Lot 4, Block 62, Original City of Little Rock, Pulaski County, Arkansas. Parcel 6: (1707, 1711 Rock Street, 409-422 East 17th Street and 1706 Commerce Street, Little Rock, Arkansas.) Lots 1, 2, 3, 10, 11 and 12, Block 161, Original City of Little Rock and the East 37 feet of Lot 4 and all of Lot 5, Block 401 DuValls Addition, Little Rock, Pulaski County, Arkansas. Parcel 7: (2102 Rock, Little Rock, Arkansas.) South 38 feet of Lot 10 and all of Lots 11 and 12, Block 411, DeValls Addition, City of Little Rock, Pulaski County, Arkansas. Y Parcel 8: (2200 Louisiana Street, Little Rock, Arkansas.) Lots 1, 2 and Perth Half of Lot 3, Block 430, DeValls Addition to the City of Little Rock, Pulaski County, Arkansas. Parcel 9: (1712 Broadway, Little Rock, Arkansas.) North Half of Lot 10 and South Half of Lot 11, Block 204, Original City of Little Rock, Pulaski County, Arkansas. Parcel 10: (2100 Battery, Little Rock, Arkansas.) Lot 12, Block 3, Oak Terrace Addition, City of Little Rock, Pulaski County, Arkansas. Parcel 11: (2100 Ringo, Little Rock, Arkansas.) The North 10 feet of Lot 1.1 and all of Lot 12, Block 29, Weldon Wright's Addition, City of Little Rock, Pulaski County, Arkansas. Parcel. 12: (1921-1924 Schiller, Little Rock, Arkansas.) Lots 12, 13 and 14, Block 5, Lots 10 and 11, Block 6, Moore and Pezel's Addition to the City of Little Rock, Pulaski County, Arkansas. Parcel 13: (2519 West 16th Street, Little Rock, Arkansas.) Lot 5, Block 13, Worthen Brown's Addition, City of Little Rock, Pulaski County, Arkansas. —low `� 7. 91 '149 TO HAVE AND TO HOLD the same unto the said GRANTEE, and unto GRANTEE'S heirs [successors] and assigns forever, with all appur- tenances thereunto belonging; and all rents, income, and profits therefrom after any default herein. We [I] hereby covenant with the said GRANTEE, GRANTEE'S heirs [successors] and assigns, that said lands are free and clear of all encumbrances and liens, and will forever warrant and defend the title to said property against all lawful claims. And we, GRANTORS, George Pike, Jr. and Jean Pike, for the consideration aforesaid do hereby release unto the sa;A r_oammvp --A GRANTEE'S heirs [successors] and assigns forever, all our right and possibility of dower, curtesy and homestead in and to the said lands. The sale on the condition, that whereas, GRANTORS are justly indebted unto said GRANTEE in the sum of Forty Thousand and No/100 Dollars ($40,000.00), evidenced by a promissory note dated March 25, 1988, in the sum of $40,000.00, bearing interest from the date of each advance until due at the rate of 11.0% per annum, on the date of the Note, such rate to be adjusted upward, but not downward, in the event of any rise in the Federal Reserve Discount Rate during the term of the Note, to the -extent of such Irise, effective on the day following any such rise, so that the I rate of interest thereunder shall always equal the maximum rate set forth in Amendment 60 to the Arkansas Constitution, payable as follows: Quarterly installments beginning May 1, 1988, with the entire principal plus accrued interest being due and payable on or before May 1, 1989. This. Mortgage shall also be security for any other indebted- ness of whatsoever kind that the GRANTEE or the holders or owners of this Mortgage may hold against GRANTORS by reason of future advances made hereunder, by purchase or otherwise, to the time of the satisfaction of this Mortgage. Iis Llie event of default of payment of any part of said sum, with interest, or upon failure of GRANTORS to perform the 4 -3- agreements contained herein, the GRANTEE, GRANTEE'S heirs [successors] and assigns, shall have the right to declare the r entire debt to be due and payable; notice to GRANTORS is waived, and said option may be exercised at any time after default; and GRANTORS hereby covenant that they will keep all improvements insured against fire, with all other full coverage insurance, loss payable clause to holder and owner of this Mortgage; that said improvements will be kept in a good state of repair, and waste will neither be permitted nor committed; that all taxes of whatever nature, as well as assessments for improvements will be paid when due, and if not paid, GRANTEE may pay same and shall have a prior lien upon said property for repayment, with interest at the rate of ten percent (118) per annum; now, THEREFORE, if GRANTORS shall pay all indebtedness secured hereby, with interest, at the times and in the manner aforesaid, and perform the agreements herein contained, then this conveyance shall be void. In case of nonpayment or failure to perform the agreements herein contained, the said GRANTEE, GRANTEE'S heirs [successors] and assigns, shall have the right and power to take possession of the property herein conveyed and expel any occupant therefrom without process of law; to collect rents and profits and apply same on unpaid indebtedness; and with or without possession to sell said property at public sale, to the highest bidder for cash, at the East Door of the Courthouse, Pulaski County, Arkansas, public notice of the time, terms and place of sale having first been given twenty days by advertising in some newspaper published in said County, by at least three insertions, or by notices posted in five public places in the County, at which sale any of the parties hereto, their heirs [successors], or assigns, may bfd and purchase as any third person might do; and GRANTORS hereby authorize the said GRANTEE, GRANTEE'S heirs [successors], or assigns to convey said property to anyone purchasing at said sale, and to convey an absolute title thereto, and the recitals of such conveyance shall be taken as prima facie true. The proceeds of said sale shall be applied first, to the j -4- 451 payment of all costs and expenses attending said sale; second to the payment of all indebtedness secured hereby, with interest; and the remainder, if any, shall be paid to said GRANTORS. GRANTORS hereby waive any and all rights of appraisement, sale, redemption, and homestead under the laws of the State of Arkansas, and especially under the Act approved May 6, 1899, and acts amendatory thereof. WITNESS our hands and seal this 25th day of March, 1988. (seal) GWRZ.E PI1Q, JR. �I (seal) J4AP PIKE by George Pike, Jr., At orney-in-Fact (Pulaski County Circuit Clerk Document No. 86-81111) STATE OP ARKANSAS ) 33. COUNTY OF PULASKI ) On this day, personally appeared before me GEORGE PIKE, JR. and JEAN PIKE by George Pike, Jr., Attorney -in -Fact (Pulaski County Circuit Clerk Document No. 86-81111), known to me to be the persons whose names are subscribed to the within instrument and acknowledged that they executed the same for the purposes therein contained. WITNESS my hand and official seal on this 25th day of March, 1988. Giyc e�.r- W7 Notary Pubt c My Commission Expires: a n o o -5- , 1 C PLLRf_C iiNDL" �S � Iu'9 li;2 2 f F; 4: 2. ; MORTGACE With Power of Sale (Realty) KNOW ALL MEN BY T%E,;,E PRESENTS: That GEORGE PIKE, JR. and JEAN PIKE, husband and wife, GRANTORS, for and in consideration of the sum of One Dollar ($1.00), to GRANTORS in hand paid, the receipt of which is hereby acknowledged, and in consideration of the premises hereinafter set forth, do hereby grant, bargain; sell and convey unto PIKE FARMS, INC., GRANTEE, (whether one or morel and unto GRANTEE'S heirs [successors] and assigns forever, the following property, situated in Pulaski County, Arkansas: Parcel 1: (6119-6313 Butler Road and 1-24 Strickland Cove, Little Rock, Arkansas.) Lots 1, 2 and 3 Barber 19 Cove Addition, a �`* replant of Lots 1, 2 and 3 Humphries and ���,,,enr,,,,,• b' Richardson repla't of Tract 13, and all of e�,*`':�... •.,• ff ' Traci; 9, except the North 122 feet thereof, L. B. Leigh and R. C. Butler Acres, a Subdivision in Section 30, Township 1 North, of q.- Range 12 West, I` And • J.y .! r ,� o• Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 13 and 13, .°°:"'� Strickland Cove Addition to the City of Little ,'� ",• Rock, Pulaski County, Arkansas. Y, Parcel 2: (7402-7414 Mabelvale Pike, Little Rock, Arkansas.) ' The South 299 feet of the West 330 feet of the East Half of the SW 1/4 of the SW 1/4 of Section 25, Township 1 North, Range 12 West. Parcel 3: (14.705-14711 )Canis Road, Little Rock, Arkansas.) pc<t of Tract 8 of SACHS SUBURBAN TRACTS, in Pulaski County, Arkansas, described as follows: Commence at a point 839.6 feet East of the Northwest corner of said Tract 8, thalice South 0 degrees 26 minutes West 222.9 feet, thence Borth 87 degrees 24 minutes East t 294.3 feet to a point on the Westerly right- of-way line of 12th Street Piket thence North 36 degr*os 24 minutes West along right-of-way line 264.8 feet, thence West 132.9 feet to the point of beginning, LESS AND EXCEPT the North 5 feet thereof, dedicated as a portion of Bandy Lanet AND Part of Tract 8 of SACHS SUBURBAN TRACTS,, in Pulaski County, Arkansas, described as follows: Commence at a Northwest corner of said Tract 81 thence East along the North line F of said Tract 8 a distance of 804.6 feet, j thence South 0 degrees 26 minutes West 222.9 feet to the pol.nt of beginning, thence con- tinue South 0 Cagrees 26 minutes West 75.1 feet to the South line of said Tract 81 thence -1- North 87 degrees 24 minutes East along said South line 374.2 feet to a point on the Westerly right-of-way line of 12th Street Pike; thence North 36 degrees 42 minutes West along said right-of-way line 90.6 feet; thence South 87 degrees 24 minutes West 319.3 feet to the point of beginning. Parcel 4: (522 .East 15th Street, Little Rock, Arkansas.) Lot 789, Block 157, Original City of Little Rock, Pulaski County, Arkansas. Parcei 5: (1512, 1517-1518, 1522 Commerce Street, Little Rock, Arkansas.) Lot 789, Block 53 and Lot 4, Block 62, Original City of Little Rock, Pulaski County, Arkansas. Parcel 6; (1707, 1711 Rock Street, 409-422 East 17th Street and 1705 Commerce Street, Little Rock, Arkansas.) Lots 1, 2, 3, 10, 11 and 12, Block 161, Original City of Little Rock and the East 37 feet oZ Lot 4 and all ;` Lot 5, Block 401 DuValls Addition, Little Rack, Pulaski County, Arkansas. Parcel 7: (2102 Rock, Little Rock, Arkansas.) South 38 feat of Lot 10 and all of Lots 11 and 12, Block 411, DeValls Addition, City of Little Rock, Pulaski County, Arkansas. Parcel S1 (2200 Louisiana Street, Little Rock, Arkansas.) Lots 1, 2 and North Half of Lot 3, Block 430, DeValls Addition to the City of Little Rock, Pulaski County, Arkansas. Parcel 9s (1712 Broadway, Little Rock, Arkansas.) North Ralf of Lot 10 and South Half of Lot 11, Block 204, Original City of Little Rock, Pulaski County, Arkansas. Parcel 10t (2100 Battery, Little! Rock, Arkansas.) Lot 12, Block 3, Oak Terrace Addition, City of Little Rock, Pulaski County, Arkansas. Parcel lir (2100 Ringo, Little Rock, Arkansas.) The North 10 feet of Lot 11 and all of Lot 13, Block 29, Weldon Wrights Addition, City of Little Rock, Pulaski County, Arkansas. Parcel 12s (1921-1924 Schiller, Little Rock, Arkansas.) Lots 12, 13 and. 14, Block 5, Lots 10 and 11, Block 6, Moore and Pesol's Addition to the City of Little Rock, Pulaski County, Arkansas. Parcel 131 (2519 West 16th Street, Little Rock, Arkansas.) Lot 5, Block 13, Worthen Brown's AAfYition, City of Lit.Ile Rock, Pulaski County, Arkansas. i 4 V 'S..,8 if TO HAVE AND TO HOLD the same unto the said GRANTEE, and unto GRANTNE'S heirs [successors] and assigns forever, with all appur- tenances thereunto belonging; and all rents, income, acid profits therefrom after any default herein. We [I] hereby covenant with the said GRANTEE, GRANTEE°S heirs [successors] and a3signs, that said lands are free and clear of all encumbrances and liens, and will forever warrant and defend the title to said propc.,ty against all lawful claims. And we, GRANTORS, George Pike, Jr. and Jean Pike, for the consideration aforesaid do hereby release unto the said GRANTEE* and unto GRANTEEeS heirs [successors] and assigns forever, all our right and possibility of dower, curtesy and homestead in and to the salt! ,.ands. i The sala on the condition, that whereas, GRANTORS are justly 4 indebted unto said GRANTEE :in the sum of Fifteen Thousand and i No/100 Dollars ($15,000.00), evidenced by a promissory note dated f i April 20, 1938, in the sum of $15,000.00, bearing interest from r that date until clue at the rate of 11.0% per annum, on the date of the Note, such rate to be adjusted upward, but .not downward, in the event of any rise in the Federal. Reserve Discount Rate during the term of the Note, to the extent of such rise, effec- tive on the day following any Such rise, so that the rate of interest thereunder shall alwayv equal the maximum rate set forth in Amendrdent SO to the Arkansas Constitution, payable as follows Quarterly installments beginning May 1, 1988, with the entire principal plus accrued interest being due and payable on or before May 1, 1989. This Mortgage shall also be security for any other indebted- ness of whatsoever kind that the GRANTEE or the holders or owners of this Mortgages may hold against GRANTORS by reason of future advances made hereunder, by purchase or otherwise, to the time of, the satisfaction of this Mortgage. In the event of default of payment of any part of said sum, with interest, or upon failure of GRANTORS to perform the 1 r � -3- agreements contained herein, the GRANTEE, GRANTEE'S heirs [successors] and assigns, shall have the right to declare the entire debt to be due and payable; notice to GRANTORS is waived, and said option may be exercised at any time after default; and GRANTORS hereby covenant that they will keep all improveme—ts insured against fire, with all other full coverage insurance, loss payable clause to holder and owner of this Mortgage; that 9 said impro,;ements will be kept in a good state of repair, and waste will neither be permitted nor committed; that all taxes of whatever nature, as well as assessments for improvements will be paid when due, and if not paid, GRANTEE may pay same and shall have a prior lien upon said property for repayment, with interest at the rate of tenercent (11%) p per annum; now, THERE'FOxe, if GRANTORS shall pay all indebtedness secured hereby, with interest, at the times and in the manner aforesaid, and perform the agreemen, herein contained, then this conveyance .;hall be void, in case of noxipayment or failure to perform the ag.eements herein contained, the said GRANTEE, GRANTEE ' S heirs [sus°:essc�ra] and assigns, shall have the right and power to take possession of the property krerein conveyed and expel any occupant i therefrom without process of law; to collect rents and profits and apply same on unpaid indebtedness; and with or without possession to sell said property at public sale, to the highest bidder for cash, at the East Door of the CourtGouse, Pulaski County, Arkansas, public notice of the time, sperms and place of sale havin., f-t.rst been given twenty days by advertising In some newspaper published in said County, by at least three insertions, i j, or by notices posted in five public placer; in they County, at i which sale any of the parties hereto, their heirs [successors), ar assigns, may bid and purchase as any third person mig^at do; and. GRANTORS hereby authcr ixe the said GRANTEE, GRANTEE'S heirs [successors), or assigns to convey said property to anyone purchasing at said sale, and to convey an absolute title thereto, and the recitals of such conveyance shall be taken as primes faci�n true. The proceeds of said sale shall be applied first, to the -4- 6.3d payment of all costs and expenses attending uaid sale; second to the payment of all indebtedness secured hereby, with interest; and the remainder, if any, shall be paid to said GRANTORS. GRANTORS hereby waive any and all rights of appralsement, Sala, redemption, and homestaad under the laws of the State of Arkansas, and especially under the Act approved May 8, 1899, and acts amendatory thereof. WITNESS our hands and seal this 20th day of April, 1988. CjeG ORGE PIKE rR. (seal) (goal) PITC by e� or a Pzke fir. 9 , , A nay -in -Fact (Pulaski County Circuit Clerk Document No. 86-81111) ACKNOWLEDGMENT STATE OF ARKANSAS ) COUNTY OF PULASKI ) -, On this day, personally appeared befora as GE0 QZ Pias, JE. and JEAN PIZI by ;eorge Pike, Jr., Attorney-in-fact (ialaski County Circuit Clerk Document No. 86-81111), known to N to be the persons whose names are subscribed to the within instrnweot and acknowledged that they executed the same for the Mpoess therein contained. NITNIGS my hand and official seal on this 20th day :?f April, 1988. otary, Public WY Cossission Expires: Y instruMent prepared by i fiRIDAY, )rU I icE &CLARK 2000 Fkst Commc��icW EkikON LI(tte Rock, Admwss 77201 88'33510 JUN 28 MORTGAGE :. II. 57 With Power of Sale (Realty) �/�� �` .Zr KNOW ALL MEN BY THESE PRESENTS: That GEORGE PIKE, JR. and JEAN PIKE, husband and wife, GRANTORS, for and in consideration of the sum of One Dollar ($1.00), to GRANTORS in hand paid, the receipt of which is hereby acknowledged, and in consideratioc of the premises hereinafter set forth, do hereby grant, bargain, sell and convey unto PIKE FARMS, INC., GRANTEE, (whether one or more) and unto GRANTEE'S heirs [successors] and assigns forever, the following property, situated in Pulaski County, Arkansas: Parcel 1: (6119-6313 Butler Road and 1-24 Strickland Cc,ve, Little Rock, Arkansas.) Lots 1, 2 and 3 Barber's Cove 'Aditior., a replat of Lots 1, 2 and 3 Humphries and Richardson replat of Tract 13, and all of Tract 9, except the North 122 feet thereof, L. B. Leigh and R. C. Butler Acres, a Subdivision in Section 30, Township 1 North, Range 12 West, And Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 13 and 13, Strickland Cove Addition to the City of Little Rock, Pulaski County, Arkansas. Parcel 2: (7402-7414 Mabelvale Pike, Little Rock, Arkansas.) The South 299 feet of the West 330 feet of the East Half of the SW 1/4 of the SW 1/4 of Section 25, Township 1 North, Range 12 West. Parcel 3: (14705-14711 Kanis Road, Little Rock, Arkansas.) Part of Tract 8 of SACHS SUBURBAN TRACTS, in Pulaski County, Arkansas, described as follows: Commence at a point 829.6 feet East of the Northwest corner of said Tract 8, thence South 0 degrees 26 minutes West 222.9 feet; thence North 87 degrees 24 minutes East 294.3 feet to a point on the Westerly right- of-way line of 12th Street Pike; thence Nofth 36 degrees 24 minutes West along right-of-way line 264.8 feet; thence West 132.9 feet to the point of beginning, LESS AND EXCEPT the North 5 feet thereof, dedicated as a portion of Bandy Lane; AND Part of Tra.:t 8 of SACHS SUBURBAN TRACTS, in Pulaski County, Arkansas, described as follows: Commence at a Northwest corner of said Tract 8; thence East along the North line of said Tract 8 a distance of 804.6 feet; thence South 0 degrees 26 minutes 'gest 222.9 feet to the point of beginning; thence con- tinue South 0 degrees 26 minutes West 75.1 feet to the South line of said Tract 8; thence -1- 4 North 8'1 degrees 24 minutes East along said South line 374.2 feet to a point on the Westerly right-of-way line of 12th Str-aet Pike; thence North 36 degrees 42 minutes West along said right-of-way line 90.6 feet; thence South 87 degrees 24 minutes West 319.3 feet to the point of beginning. Parcel 4: (522 East 15th Street, Little Rock, Arkansas.) Lot 789, Block 157, Original City of Little Rock, Pulaski County, Arkansas. Parcel 5: (1512, 1517-1518, 1522 Commerce Street, Lit.'' Rock, Arkansas.) Lot 789, Block 53 and Lot 4, Block 62, Original City of Little Rock, Pulaski County, Arkansas. Parcel 6: (1707, 1711 Rock Street, 409-422 East 17th Street and 1706 Commerce Street, Little Rock, Arkansas.) Lots 1, 2, 3, 10, 11 and 12, Block 161, Original City of Little Rock and the East 37 feet of Lot 4 and all of Lot 5, Block 401 DuValls Addition, Little Rock, Pulaski. County, Arkansas. Parcel 7: (2102 Rock, Little Rock, Arkansas.) South 38 feet of Lot 10 and all of Lots 11 and 12, Block 411, neValla Addition, City of Little Rock, Pulaski County, Arkansas. Parcel 8: (2200 Louisiana Street, Little Rock, Arkansas.) i Lots 1, 2 and North Half of Lot 3, Block 430, ' DeValls Addition to the City of Little Rock, Pulaski County, Arkansas. i Parcel 9: (1712 Broadway, Little Rock, Arkansas.) North Half. of Lot 10 and South Half of Lot 11, Block 204, Original City of Little Rock, Pulaski County, Arkansas. Parcel 10: (2100 Battery, Little Rock, Arkansas.) Lot 12, Block 3, Oak Terrace Addition, City of Little Rock, Pulaski County, Arkansas. Parcel 11: (2100 Ringo, Little Rock, Arkansas.) The North 10 feet of Lot 11 and all of Lot 12, Block 29, Weldon Wright's Addition, City of Little Rock, Pulaski County, Arkansas. Parcel 12: (1921-1924 Schiller, Little Rock, Arkansas.) Lots 12, 13 and 14, Block 5, Lots 10 and 11, Block 6, Moore and Pezel's Addition to the City of Little Rock, Pulaski County, Arkansas. Parcel 13: (2519 West 16th Street, Little Rock, Arkansas.) Lot 5, Block 13, Worthen Brown's Addition, City of Little Rock, Pulaski County, Arkansas. -2- 0 TO HAVE AND TO HOLD the same unto the said GRANTEE, and unto GRANTEE'S heirs (successors] and assigns forever, with all appur- tenances thereunto belonging; and all rents, income, and profits therefrom after any default herein,. We [I] hereby covenant with the said GRANTEE, GRANTEE'S heirs [successors] and assigns, that said lands are free and clear of all encumbrances and liens, and will forever warrant and defend the title to said property against all lawful claims. And we, GRANTORS, George Pike, Jr. and Jean Pike, for the consideration aforesaid do hereby release unto the said GRANTEE and unto GRANTEE's heirs [successors] and assigns forever, all our right and possibility of dower, curt.esy and hoittestead in and to the said lands. The sale on the condition, that whereas, GRANTORS are justly indebted unto said GRANTEE in the sum of Twenty Thousand and No/100 Dollars ($20,000.00), evidenced by a promissory note dated June 20, 1988, in the sum of $20,000.00, bearing interest from that date until due at the rate of 11.0% per annum, on the date of the Note, such rate to be adjusted upward, but not downward, in the event of any rise in the Federal Reserve Discount Rate during the term of the Note, to the extent of such rise, effec- tive on the day following any such rise, so that the rate of interest thereunder shall always equal the maximum rate set forth in Amendment 60 to the Arkansas Constitution, payable as follows: Quarterly installments beginning July 1, 1988, with the entire principal plus accrued interest being due and payable on or before July 1, 1989. This Mortgage shall also be security for any other indebted- ness of whatsoever kind that the GRANTEE or the holders or owners of this Mortgage may hold against GRANTORS by reason of future advances made hereunder, by purchase or otherwise, to the time of the satisfaction of this Mortgage. In the event of default of payment of any part of said sum, with interest, or upon failure of GRANTORS to perform the am >;> agreements contained herein, the GRANTEE, GRANTEE'S heirs [successors] and assigns, shall have the right to declare the entire debt to be due and payable; notice to GRANTORS is waived, and said option may be exercised at any time after default; and GRANTORS hereby covenant that they will keep all improvements insured against fire, with all other full coverage insurance, loss payable clause to holder and owner of this Mortgage; that said improvements will be kept in a good state of repair, and waste will neither be permitted nor committed; that all taxes of whatever nature, as well as assessments for improvements will be paid when due, ai:d if not paid, GRANTEE may pay same and shall have a prior lien upon said property ;or repayment, with interest at the rate of ten percent (10%) per annum; now, THEREFORE, if GRANTORS shall pay all indebtedness secur�-3 hereby, with interest, at the times and in the manner aforesail.-, and perform the agreements herein contained, then this conveyance shall be void. in case of nonpayment or failure to perform the agreements herein contained, the said GRANTEE, GRANTEE'S heirs [successors] and assigns, shall have the right and power to take possession of the property herein conveyed and expel any occupant therefrom without process of law; to collect rents and profits and apply same on unpaid indebtedness; and with or without possession to sell said property at public sale, to the highest bidder for cash, at the East Door of the Courthouse, Pulaski County, Arkansas, public notice of the time, terms and place of sale having first been given twenty days by advertising in some newspaper published in said County, by at least three insertions, or by notices posted in five public places in the County, at which sale any of the parties hereto, their heirs [successors], or assigns, may bid and purchase as any third person might do; and GRANTORS hereby authorize the said GRANTEE, GRANTEE'S heirs (successors], or assigns to convey said property to anyone purchasing at said sale, and to convey an absolute title thereto, and the recitals of such conveyance shall be taken as prima facie true. The proceed3 of said sale shall be applied first, to the -4- payment of all costs and expenses attending said sale; second to the payment of all indebtedness secured hereby, with interest; and the remainder, if any, shall be paid to said GRANTORS. GRANTORS hereby waive any and all rights (if appraisement, sale, redemption, and homestead under the laws of the Sate of Arkansas, and especially under the Act approved May 8, 1899, and acts amendatory thereof. WITH?ESS our hands and seal this 20th day of June, 1988. -1 r / (seal) GEORGE P E, JR. (seal) JE N PIKE by Ge6r,Pike, Jr., torney-in-Fact (Pulaski County Circuit Clerk Document No. 86-81111) ACKNOWLEDGMENT STATE OF ARKANSAS ) ) ss. COUNTY OF PULASKI ) On this day, personally appeared before me GEORGE PIKE, JR. and JEAN PIKE by George Pike, Jr., Attorney -in -Fact (Pulaski County Circuit Clerk Document No. 86-81111), known to me to be the persons whose names are subscribed to the within instrument and acknowledged that they executed the same for the purposes therein contained. WITNESS my hand and official seal on this 20th day of June, 1988. My Commission Expires: N tary Public -5- A _ 522 CITY of: Little Rock Department of Neighborhoods and Planning Housing Programs Administration and Enforcement 723 West Markham J J�?i'3U Little Rock, Arkansas 72201 (501) 371-4849 Dear Sir or Madam : Information obtained by our office indicates tha- ;-:)u are the current owner/agent of the above referenced L)-rper.-ty. This notice will advise you that the city staff made an inspection of the structure on the above property. The inspection revealed that the structure is unsafe, unfit for human habitation, offensive to the neighborhood, and it is dangerous to persons in the vicinity or lawfully passing by the structure. It is hereby declared to be in violation of City ordinances. Pursuant to the authority granted by,.A-f ----',•P Code Ann. SS 14-56-203 (Mi:hie 1987), and Little Rocjc' jc1r �N, Rev. Code SS 20-28 (1988) the structure has been dee1�si the City to be a nuisance and detrimental to the p�bpi welfare of the citizens of the City of Little Rock �r t Therefore, you have thirty (30) days in which to K,ed r^�'. .. substantial repairs or to demolish the structure. fail to comply with this directive, the City will Vr}ft e legal proceedings against you and the property to ab'arq/el`c� nuisance. ra �eea+F ewA+d°�^ You are required to secure this dwelling and/or structure in an approved manner within ten (10) days. Failure to s_cure all accessible windows, doors and/or openings within the allotted time may result in the City taking appropriate action to have this accomplished and the owner will be responsible for all incurred costs. The owner is responsible WARNING NOTICE n Unit No. 1-01365 D0 cn `n =1 08-30-1995 x-- c> c o� George Pike Jr crc w P O Box 3396 Little Rock, AR 72.203 D cm n Stv o RE: 1414 Park Lane, City of Little Rock mrq N C7 ::O.-< _j r" Block 157, Lot 9 PZ o CT 4,TJnit No. 1-01365 Dear Sir or Madam : Information obtained by our office indicates tha- ;-:)u are the current owner/agent of the above referenced L)-rper.-ty. This notice will advise you that the city staff made an inspection of the structure on the above property. The inspection revealed that the structure is unsafe, unfit for human habitation, offensive to the neighborhood, and it is dangerous to persons in the vicinity or lawfully passing by the structure. It is hereby declared to be in violation of City ordinances. Pursuant to the authority granted by,.A-f ----',•P Code Ann. SS 14-56-203 (Mi:hie 1987), and Little Rocjc' jc1r �N, Rev. Code SS 20-28 (1988) the structure has been dee1�si the City to be a nuisance and detrimental to the p�bpi welfare of the citizens of the City of Little Rock �r t Therefore, you have thirty (30) days in which to K,ed r^�'. .. substantial repairs or to demolish the structure. fail to comply with this directive, the City will Vr}ft e legal proceedings against you and the property to ab'arq/el`c� nuisance. ra �eea+F ewA+d°�^ You are required to secure this dwelling and/or structure in an approved manner within ten (10) days. Failure to s_cure all accessible windows, doors and/or openings within the allotted time may result in the City taking appropriate action to have this accomplished and the owner will be responsible for all incurred costs. The owner is responsible 523 Page 2 for maintaining the security of this dwelling and / or structure until all code requirements have been met by either full rehabilitation, as specified by the Little Rock Housing Code, or demolition. Please be advised that neither issuance of a permit for repairs or demolition of this structure nor an extension of time granted by the Department of Neighborhoods and Planning, relieves the owner of the responsibility to secure the structure. All necessary permits must be obtained from the Permits Section of the Department of Neighborhoods and Planning, located at 723 West Markham, 2nd floor. For additional information., please call 372-1555 between the hours of 8 a.m. and 5 p.m., Monday through Friday. Sincerely, *Dougreadway Enforcement Officer CC: Roy Settoon, Housing and Premise Code Supervisor Subscribed and sworn before me this day of 0-".a , 1931-5. Notary Public My Commission Expires: 3 (, aO 0 FILED .1 CORDED 318 9G 320GO 96 MAY -2 11: 17 QUITCLAIM DEED _ i CiRCUiT COLI Y CLERK KNOW ALL MEN BY'i"WE4E PRESENTS: That v a, George E. Pike, Jr., and Jean Pike, his wife, and Barbara Humble, as Trustee for the non-profit corporation to be described below, for and in consideration of the sum of ONE DOLLAR ($1.00) and other good and valuable consideration, paid by The Lighthouse Center, Inc., as a religious organization, the receipt of which is hereby acknowledged, do hereby grant, convey and quitclaim unto the said Grantee, and unto its successors and assigns forever, all of our right, title, interest, equity and estate in and to the following lands lying in Pulaski County, Arkansas: Lots 4, 5 and 6, Strickland Cove Addition to the City of little Rock (18, and 22 Strickland Cove). Lots 7, 8, and 9, Block 157, Bagley and Sanders' Subdivision to the City of Little Rock (1414 and 1420 ari !..ane). Lot 4, Block 62, Original City of Little Rock (1513 Commerce). .1 Lot 5, Block 62, Original City of Little Rock (1517 Commerce). �.•'��� Bll;t►� Lot 6, Block 62, Original City of Little Rock (1521 Commerce). O Lot 7, Block 53, Original City of Little Rock (1522 Commerce)A. Zo Lot 8, Block 53, Original City of Little Rock (1518 Commerce)_ Lot 3, Block 161, Original City of Little Rock (1711 Rock Street)_ r�s...f.'1 , •••• •• .....•• Lots 10, 11 and 12, Block 411, Duvall's Addition to the City of Little Rock (2102, 2104 and 2106 Rock Street). S 1/2 of Lot 10 and all of lot 11, Block 6, Moore and Penzel's Addition to the City of Little Rock (1921 Schiller StreetO, Lots 12, 13 and 14, Block 5, Moore and Penzel's Addition to the City of Little Rock (1924 Schiller Street). Lot 5, Block 13, Worthen and Brown's Addition to the City of Little Rock (2516 West 16th Street). To have and to hold the same unto the said Grantee, and unto its successors and assigns forever, with all tenements, appurtenances and hereditaments thereunto belonging. And I, Jean Pike, for and in consideration of the said sum of money, do hereby release and relinquish unto the said Grantee, all my right of dower and homestead in and to the said lands. WITNESS our hands and seals this d? day of 19 E" pike, Jr., Pike, his wife t 9L:LV �--- BarbaraJ. HILimble, Trustee ACKNOWLEDGMENT STATE OF ARKANSAS ) ) ss COUNTY OF PULASKI ) On this day, before me a Notary Public, duly commissioned, qualified and acting within and for the County and State aforesaid, appeared in person George E. Pike, Jr., Jean Pike, his wife, and Barbara J. Humble, Trustee, to me well known to be the Persons whose names are subscribed to the within instrument and acknowledged that they executed the same for rhe purposes and in the capacities therein contained. IN WITNESS VW;LREDF, I have hereunto set my hand and seal this 2LAday of -77 '1 i6p- a Notary Public My Commission Expires: S This instrument prepared by: p�8588 � H1WAN G PIKE, P.A P.O. Bass ;%3f1 Nath Uttla Rask. AR 72115 /.1 REDEMPTION DEED NO. 130827 �geas s Filed t Recorded iA CHARLIE DANIELS Official liecords of COMMISSIGNER OF STATE LANDS I N STEft"T STATE OF ARKANSAS cIKIM/CQMTT MM Issued under the provisions of Act 151 of 1891, Act 626 of 1983 and Act 814 of 19W SLN THE STATE OF ARKANSAS: To All Whom these Presents Shall Come— GREETINGS: KNOW YE THAT, WHEREAS: The following described lands situated in the County of Pulaski in the State of Arkansas, to Wit: Description: LOT 9 BILK 157 Additinn• CTY OF LrfTLF ROCK Parcel Number. 34L-020.08-055.00 Year Forfeited: 195-41993 Receipt #: 86837 were certified to the Commissicner of State Lands, by the County Collector for the non-payment of taxes for the years hereinbelow set forth; and that the taxes, penalties, interest and cost outline below have been paid to the Commissioner of State Lands; AND WHEREAS LIGHTHOUSE CENTER INC. 6402 BUTLER ROAD LITTLE ROCK, AR 77209 claiming to be the owner(s) of said real property, filed a petition to redeem duly verified according to the law, showing such ownership. NOW THEREFORE, I, CHARLIE DANIELS, Commissioner of State Lards within the State of Arkansas, for and in consideration of $1,531.07 so paid and by virtue of the authority in me vested by law, do hereby release and quitclaim unto the said LIGHTHOUSE CENTER INC. and their heirs and assigns forever all right, title and interest the State of Arkansas acquired under any forfeiture, sale or condemnation for taxes. WITNESS MY HAND AND OFFICIAL SEAL April 29, 1999 Tax" 1989 - 19S7 $981.07 Imp. Tax Due $0.00 Interest $408.99 Penatty $98.11 County Costs $4.90 Recording Fee $8.00 Deed Fee $5.00 Commissioner Fee $25.00 Municipal Lien $0.00 Total Paid: $1,531.07 Deed Mail to: LIGHTHOUSE CENTER INC. `' 6402 BUTLER ROAD LITTLE ROCK, AR 77209 S Charlie Daniels CommisSl aper,bf State Lands cking 1 Deputy Commission: o – ate Lands Beach Enterprises, Inc. 100 Center Street P.O. Box 2580 Little Rock, AR 72203 501-376-3301 501-376-5667 BILL TO City of Little Rock - Housing and Neighb 500 W. Markham, Suite 120West Little Rock, AR 72201 c/o Rick Purifoy Invoice DATE INVOICE NO. 8/4/2017 S17-8002 YOUR FILE # EXAM OWNER 1414 Park Lane DD Lighthouse Center DESCRIPTION LEGAL AMOUNT LIMITED TITLE SEARCH Lt 9, Blk 157, OCLR 65.00 PLEASE RETURN A COPY OF THIS INVOICE WITH PAYMENT. THANK YOU FOR YOUR BUSINESS. 'Tota $65.00