Sep 1, 1860
J.D. MORGAN to Thomas D. RAGSDALE
pg 232) This indenture made and entered into this the first day of September A.D. 1860 between J.D. MORGAN of the County of Conway and State of Arkansas of the first part and T.D. RAGSDALE in the County and State aforesaid of the other part witnesseth that whereas the said J.D. MORGAN is entitled to the said T.D. RAGSDALE by a certain note bearing date the first day of September A.D. 1860 for two hundred and thirty dollars and being and falling due the first day of February A.D. 1861 and bearing interest at the rate of ten percentum per annum from __ until paid __ __ that for the purpose of securing payment of said note with the interest the said party of the firt part has granted,
pg 233) bargained, sold, released and confirmed and by these presents doth grant, bargain, sell, release and confirm unto the said T.D. RAGSDALE his heirs and assigns the following described land or town lots, to wit, lot 3 & 4 in block sixteen (16) in the town of Springfield, Conway County Arkansas situated in the County of Conway as shown by the plat of the town of Springfield in the State of Arkansas together with all and singular the buildings, improvements, hereditaments and appurtenances thereunto belonging or in anywise appertaining to have & to hold the above described premises with the appurtenances thereto attached unto the said T.D. RAGSDALE his heirs and assigns forever provede always nevertheless that if the said J.D. MORGAN & their heirs, executors or administrators shall __ as well and timely pay or cause to be paid unto the said T.D. RAGSDALE the aforesaid note with the interest that my be due therein on or before the first day of February A.D. 1861 then due from thence forth that is to say __ the payment of said note with the interest thereon this indenture and the estate hereby granted shall cease determine and become absolutely null and void to all interests and purposes anything contained to the contrary not withstanding. In testimony whereof the said parties of the first part have hereunto set their names and seals this the day and year first above written. J.D. RAGSDALE (signed & seal)
Signed, sealed and delivered in the presence of J.W. DUNCAN, J.W. WILLBANKS, J.A. WESTERFIELD