Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1916-04-24

| Instantly due, and / grant to Cotton
States Fire Insurance Company the
| following irrevocable power, to be
exercised at their option in lieu of any
proceeding they might take in law: In
/ said event said person above named
Cthe grantee) or his personal repre-
sentative or the transferee Of said
rotes is hereby empowered to adver-
tise property for sale in some news
paper, by him to be chosen, stating
in said advertisement the day of sale.
and after advertising the same two
consecutive insertions in said news
paper, or by advertising ten days in
three public places in Americas, Geor
gia, to expose said property at public
sale on the date in said advertisement
named and to sell the same to the
highest and best bidder. Said sale
need not be on first Tuesday in any
month but may be at any time select
ed by the person to whom said in
debtedness may be payable and ad
vertised by him.
The person exercising this power or
any agent or representative of his, may
be purchaser at said sale. Said per-
son above named (the granted, or his
personal representative, or the trans
fierce of said notes, need not personally
1 conduct said colo NOR bo rrocapf of -
but may execute all the powers in this
! instrument given by an authorized
agent or attorney. When said sale is
made, thereupon the person making the
same, or causing the same to be made,
shall execute for me and in my name
to the purchaser full and complete ii.
tie to said property, just as might do
were personally present, to make
said sale complete and to pass title
into the purchaser thereat, using my
: right and name for all said purposes
if he deem it necessary. A transfer of
said Indebtedness by contract or by
operation of law shall operate to vest
! this power in the transferee.
And I will warrant and defend the
right and title to said premises to said
Cotton States Fire Insurance Com
pany, as well as to purchaser at this
sale, if it be made, against the LAWFUL
claims of all persons whosoever.
Witness my hand and seal this jury
3rd, 1912.
WILLIAM P. WARLICK, q. s.
Signed, sealed and delivered In
presence of:
DOUGLAS CAMERON,
J. E. D. SHIP,
Notary Public Sumter County, Ga"
Said deed being recorded July 18th.
1912, in Book LII, page 1879, of the Sum-
ter County records, and,
Whereas, The principal note, for
which said deed was given to secure,
provides that in case any default be
made by the maker of said note in
the payment of either interest coupons
annexed thereto, as stipulated therein,
that then the principal of said note in
the discretion of the holder thereof,
shall become due and payable at the
date Of such default in said interest
payment, regardless of the date of the
maturity of said note, and,
Whereas, prior to the default in the
payment of said interest coupon ma,
turing July 3rd, 1914, for $4,000, the
assets of the said Cotton States Fire
Insurance Company were placed, by
the Superior Court of Fulton County,
Ga, in the hands of Ben F. Perry, as
Receiver thereof, and,
Whereas, the said Ben F. Perry, as
said receiver, is now the owner and
holder of said note and security deed. |
and,
Whereas, pursuant to an order of
the Hon. Geo. L. Bell, Judge Of the
Superior Court of Fulton County, dat |
ed the 18th day of April, 1916, said re,
ceiver was authorized and directed, |
pursuant to the terms of the principal
note and security deed heretofore de
scribed, to expose and offer for public
sale at Americas, Georgia, for cash, !
the property described in said security |
deed, and at said sale to sell said de-
scribed property to the highest and
best bidder, for cash, and that SAID
receiver make the the purchaser of said
property, a deed to said property, pur-
suant to the power contained in said
security deed, and further directed |
said receiver to make such other deed
to the purchaser of said property as
may be necessary in order to vest in
said purchaser good and sufficient tt |
tie to said property in fee simple.
Now, Therefore, notice is hereby |
given that the above described lana
will be sold at public cutlery to the
highest and best bidder for cash, in