The Marietta journal and courier. (Marietta, Ga.) 1909-1918, 1915-04-23
STATE OF GEORGIA,
COUNTY OF COBB. s. S.

ehS oSSSAOHS Loan 81 trust Company
her Warranty Deed to secure a debt,
which deed is recorded in Book HSS
folio Isl of the Deed Records of
Cobb County, Georgia, and in which
the said May Belle Jackson conveyed
the property hereinafter described to
secure the payment of two principal
notes of even date with said deed,
ono for the principal sum of Fifteen
Hundred Dollars ($1500.00), dated
April 18th, 1914, and due April LIST,
1917, bearing interest at the rate of
Z per cent. per annum, said interest
payable semi-annually and represent
ed by one note for $50.46, dated
April 18th, 1914, and due October 1st,
1914, and five notes for $3.50 each,
dated April 18th, and due semi-annual-
ly thereafter; and also one principal
note for $503.26, dated April 7th,
1914, and due July 7th, 1914; and
WHEREAS the said interest note
for $5O.46, dated April 7th, 1911,
and due October LIST, 1914, and the
said principal note for $503.26, dated
April 18th, 1914, and due July LIST,
1914, respectively, have not been
paid, 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
by 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 thine being hereby ex-
pressly made the essence of this con-
tract), that said party of the second
part, his agent or legal representa-
tive, its successors or assigns, may,
and by these presents is authorized
to sell at public cutlery before the
courthouse door in the County of
Cobb to the highest bidder for cash,
all OF said property to pay said prin-
cipal 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 purchaser 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
Al 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
summary in possession, said party
of the first part hereby covenanting
to surrender same without hindra ace
of any kind. It 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-
ney's fees as aforesaid and such tax
es, insurance Or repairs upon the said
4
party OF the second part, and the
balance, # 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-
cises its option under and by virtue
of the power of sale contained in said
deed 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
and State of Georgia, during the le-
gal hours of sale, on Tuesday, the
18th day of May 1915, to the highest
bidder, for cash, the property con-
veyed in said security deed, and more
fully described as follows, to-wit:-
The following described real es-
tate, situated in the City of Austen,
County of CObh State of Canroia do