"HOME PROTECTION"!IN ACTION .
In Two Recent Claims
These Checks Paid Off Mortgages When The Breadwinner Could Not.
The Widow's Letter Tells A Wonderful Story. A Thoughtful And Far
Sigh ted Husband And Father Provided His Family With a Home Free
Of Debt Through The Hom^ Protection Plan. In these days Of Inflation
And Continual Decrease Of Dollar Purchase Values, What Better Se
• •
curity Could You Provide For Your Family In The Event Of Your Death
Than A Debf-Free Home? This Is Exactly What The Home Protection '
Plan Will Do For You.
Full Payment of The Mortgage on The Home Is, And
Should Be, The First Thing To Be Considered In Any
,Man s Over-All Life Insurance Program
Here's What The
s
Home Protection Plan Is:
* Life insurance to insure the borrower to
repay his loan in full in event of hit*
death.
* A small monthly premium, paid with the
loan payment, covers the cost.
* Premiums reduce each year as the
amount of the loan decreases. You pay
only for the amount of insurance neces
sary. No unnecessary frills and extra
expenses.
* Available frequently without medical
examination. If examination necessary,
it is done at no expense to the borrower.
* The HOME PROTECTION PLAN is sur
prisingly low in cost for the value offered.
Further Details Glatlly Furnished
See Mr. Gragg
MONTHLY RATES FOR $1,000 DIRECT REDUCTION LOAN
RUNNING 139 MONTHS
lit 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th T*
AGES Year Year Year Year Year Year Year Year Year Year Year Exp.
.57 .54 .50 .46 .42 .35 .30 .23 .16 .07 .03
.62 59 .54 .4% .44 .37 .32 35 .18 .08 .03
.67 .63 .60 .54 49 .42 .35 .28 .20 .11" 06
72 .68 .65 .60 .55 49 .42 .35 .25 .14 .08
.84 .81 .77 .73 .65 .58 .53 .45 .30 .17 .08
95 .93 .92 m .81 .73 65 .54 .41 .23 .09
1.11 1.10 1.00 1.05 .98 .90 .81 67 .50 .29 09
125 1.24 1.23 1.20 1.12 1.08 .92 .77 .59 .34 .09
51 1.36 1.35 1.34 1.32 1.26 1.20 1.11 .98 .83 .63 .37 .10
52 1.45 1.44 1.43 1.41 1.35 L28 1.19 1.06 .90 .68 .39 .11
53 1.56 1.55* 1.53 1.50 1 46 1.38 1.28 1.14 .97 .74 .43 .12
54 1.86 1 65 1.63 1 50 1.55 1.40 1.30 1.24 1.05 .79 .46 .13
55 1.80 1.78 1.75 1.72 1.67 1.61 1.49 1.34 1.13 86 .50 .14
56 1.00 1 89 1.86 1.82 1.78 1.74 1.61 1.45 1.22 .93 .54 .15
51 2.05 2 04 2.03 2.00 1.04 1.87 1.73 1.56 1 32 .99 .58 .16
58 2.20 2.10 2.17 2.14 2.00 2.02 1.87 1 68 1.58 1.07 .63 .17
59 2.38 2.38 2.32 2 29 2.23 2.16 2 02 1.96 1.59 1.18 .68 .19 |
60 2.50 2.49 2.48 2.47 2.46 2.34 2.19 1.07 1.66 1.26 .74 .21
If you are already a borrow in thi* Association, we shall be
glad to {Ire you further details as to how yonjnay avail your
self of the valuable protection afforded by this insurance fea
ture. If you are planning to buy or build a home, we Invite you
to drop by and let us explain to you not only this insurance
feature, but the attractive savings and loan plan which thous
ands have used as a means of attaining home ownership.
Your SAVINGS And LOAN ASSOUATION Is An Excellent Place To Start A Savings Account, An Excellent Place To Borrow Money For A .
New Home Or For Needed Repairs And Additions. We Urge You To Come In And Discuss You r Financial Problems With Us At Any Time.
' Watauga Savings & Loan Association
OFFICERS: H Grady Farthing, President — C. M. Critcher, Vice President — Watt H. Gragg, Secretary-1 reasurer
, < \ ' ■ ■
DIRECTIORS: £ Grady Farllung, C. M. Critcher, lfl H. Gragg, Walter H. Gieene, H. P. Holahouaer, Guy W. Hunt, Howard Ma»t, Dr. W. M. Matheaon, R. C. Rivers, Jr.
106 West Main Street Boone' North Caro,ina