The Marietta journal and courier., 1915-04-09
.r,rE OF GEORGIA,
! 'II,,.rv OF COBB. S. S.

WHEREAS on the 7th day of April
.o,l May Belle Jackson executed to
=, sessions Loan & Trust Company
~ warranty Deed to secure debt,
# SSicb deed is recorded in Book "SS'
,,io ISL of the Deed Records of
robb County, Georgia, and in which
50 said May Belle Jackson conveyed
- property hereinafter described to
..rre the payment of two principal
..os of even date with said deed,
no for the principal sum of Fifteen
unndred Dollars (s1500.0O). dated
,Dril 7th, 1914, and due April 1st,
!. ,o17 bearing interest at the rate of
Der cent. per annum, said interest
,.vable semi-annually and represent
- bv one note for $50.46, dated
.,ril 7th, 1914, and due October 1st,
i ts14. and five notes for $3.50 each,
dated April 7th, and due semi-annual-
k " thereafter; and also one principal
note for s503.26, dated April 7th,
1914 and due July 7th, 1914; and
WHEREAS the said interest note
for s50.46, dated April 7th, 1914,
and due October 1st, 1914, and the
said principal note for $509.26, dated
y April 7th, 1914, and due July 1st,
4 1914, respectively, have not been
maid. and the said May Belle Jackson
has defaulted in the payment of
same; and
WHEREAS in said deed it was
contracted as follows:
said party of the first part here
hy agrees that if the aforesaid debt
is not promptly paid at maturity, ac-
cording to the tenor of said notes Or
if the interest installments, repre-
sented by the coupons annexed there
to, are not promptly paid as they
may mature (Time being hereby ex-
pressly made the essence of this con-
tract), that said party of the second
part his agent or legal representa-
tive. it's successors or assigns, may,
and by these presents is authorized
to sell at public outcry before the
courthouse door in the County of
Cobb to the highest bidder, for cash,
all of said property to pay said prin-
cpal debt, with interest thereon to
date of sale: and the expenses of
the proceeding, including attorneys
fees of ten per cent if incurred, on
the amount of principal and interest
due, after advertising the time, place
and terms of sale in some public
Gazette published in the city of Ma
rietta, County of Cobb, Georgia, once
week for four weeks without re-
gard to the number of days prior to
said day of sale. The party of the
first part also agrees to repay any
amount for taxes, insurance and re-
pairs which the party of the second
part shall be compelled to pay. An
interest in said property being cou-
pied with said power of sale, the
same shall be irrevocable by death
of either party. Said party of the
second part, her agent or legal rep
resentative, its successors or assigns,
may bid at said sale, and may make
to the purphaser or purchasers Of
said property fee simple title to the
same, thereby divesting out of said
party of the first part all right and
equity that she may have in and to
said property, and vesting the same
IN the purchaser or purchasers there
OF. Said party of the second part,
her agent or legal representative, it's
successors or assigns, is authorized
TO put the purchaser or purchasers
summarily in possession, said party
OF the first part hereby covenanting
10 surrender same without hindrance
OF any kind. 1t is agreed the remedy
herein provided for is cumulative of
other remedies provided by law.
The proceeds of said sale shall be
applied first to the payment of said
debt and interest; the expenses at
tending said sale, including attor-
Aeys fees as aforesaid, and such tax
eS' insurance or repairs upon the said
property as may be paid by the said
party of the second part, and the
balance, if any, to be paid to the said
party of the first part
Now, therefore, default having
been made, the holder of said princi-
pal and interest notes hereby exer-
clses its option under and by virtue
u the power of sale contained in said
ueed to secure said indebtedness, and
under said power the undersigned
Will sell at public sale, at the court
house door in the County of Cobb
ana State of Georgia, during the le-
sal hours of sale, on Tuesday, the
4th day of May, 1915, to the highest
o'uoer, for cash, the property con-
'eyed in said security deed, and more
Iully described as follows, to-wit:-
The following described real es-