Sep 29, 1887
James WILDER to E.A. MORGAN
pg 311) I James WILDER of the County of Carroll and State of Tennessee acknowledge myself to owe and be indebted to E.A. MORGAN of said County in the sum of $1500.00 the condition of the above obligation is such that whereas I have this day bargained and sold unto said MORGAN a certain tract or body of land situated in the 11th Civil District of said County and lying about three miles in a N.W. direction from the town of Huntingdon and in what is known as the Forks of the Creeks said land being described as follows, to wit, Beginning at H.N. WARBRITTEN's N.W. corner running thence West 71 2/8 poles to James DEMASSER land thence North with DEMASSER land 240 poles to bank of ditch with two __ and one white oak pointers, thence East 71 2/3 poles to stake, thence South 240 poles to the beginning containing by estaimation 106 1/2 acres be the same more or less at $12.00 per acre making $1278.00 for and in consideration of which the said MORGAN has this day executed to me his six promissory notes for $218.00 each falling due respectively at 12-24-36-48-60 & 72 months from the 1st day of January 1888 at the rates of six percent. Now when said notes are paid off by said MORGAN & obligate myself in the sum of $1500.00 to make to him a good warranted deed to said described land but his sale and purchase is made with the following stipulations: that is to say if the said MORGAN fails to pay off and descharge said notes or any one of them when they fall due, then this sale my at my option be declared forfeited. It is further agreed between the said MORGAN and myself that I shall have and retain a lien on the products of said land for each year that the same may be occupied or holden by the said MORGAN to the extent of $100.00 and shall have the same right to enforce the collection thereof by attachment or otherwise as if the said MORGAN was my tenant. The interest being to retain and establish a rent charge upon said land to that extent. It is further agreed that if the said MORGAN should at any time be in arrears in paying off said notes but shall have paid to me more than at the rate of $100.00 dollars per year for the time he may have holden or occupied the same and I shall because of said __ occupant choose to declare the sale and purchase forfeited therein and in that event I agree upon said land being surrendered up to me to refund to said MORGAN the excuse of what he may have paid to me over and above $100.00 per year but without interest. It is further agreed that in the event that said payments are not made as they fall due and I should in consequence thereof declare this sale and purchase forfeited then and in that event after giving the said MORGAN 30 days notice in writing thereof he shall surrender to me the possession of said land and in case he fails to do so I shall have the same right of action against him as if he had been my tenant all the time.
pg 312) The instruction of this contract being at my option to make the said MORGAN my tenant in the event of the non payment of all or one of said notes as they fall due nor am I required to give him __ other or further notice to quit. It is further agreed and understood that said MORGAN shall __ cut, use, sell, or destroy any timber on said land except such as it may be necessary to use on said farm in keeping the same in repair and for necessary firewood until he shall have paid off four of said notes. In witness whereof I have hereunto set my hand this Sept 29th 1887. J.W. WILDER
State of Tennessee Carroll County
Personally appeared before me J.C. R. McCALL, Clerk of the County Court of said County J.W. WILDER the within named bargainor with whom I am personally acquainted and who acknowledged that he executed the within instrument for the purposes herein contained. Witness my hand at office this 29th day of September 1887. J.C.R.McCALL, Clerk
Came to hand at 12 p.m. Jan 6th 1896. S.A. BROWN, Register