Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1917-01-14

(SlJU.OO) dollars winch became Que on
Nov. 1st, 1915; also interest of one
hundred and fifty ($150.0O) dollars
~hich became due on Nov. 1st, 1916,
together with interest on said princi-
pal note from Nov. LIST 1916, and inter
est on said two interest coupons, at the
rate of per cent. per annum from
maturity of each respectively, and 10
per cent. on said amounts as attorneys
fees. together with all costs and ex-
penses of sale, the said deed to secure
debt from the said Spain c. Kelley to
the Mutual Benefit Life Insurance
Company hereinbefore mentioned be-
ing recorded in the office OF the Clerk
Of the Superior Court of Sumter Coun-
ty, Georgia, in deed book LII page 157,
and the recitals, rights and powers
stipulated in said deed. including the
power of sale, etc, being as follows:
The said party of the first part
further covenant and agree, that in
case of default in payment of the debt
above mentioned when due, or in case
OF default in any Of the conditions
mentioned in the said bond for re-
conveyance, the said party of the sec
ond part may enter upon said premises
and collect the rents and profits there
Of, and may sell the said property. in
Guiding the right, title and intere It
therein of the party of the first part,
his heirs and assigns, at auction at the
courthouse door in the county in
which said land lies, and if it lies in
more than one county, then at the court
house door of either county in which
any part of said land lies, to the high
est bidder for cash, first giving four
weeks notice of the time. terms and
place of sale by advertising once
week in a newspaper published in the
county where the said land lies, and
if said land lies in more than one
county, then in newspaper published
IN each county in which any part OF
the land lies; all other notice being
hereby waived by the said party of the
first part; and thereupon may execute
ard deliver to the purchaser at said
sale a sufficient conveyance of said
premises in fee simple, which said
conveyance shall contain a recital as
to the happening, or default upon
which the execution of the power to
sell herein granted depends. And the
said party of the first part hereby con-
stitute and appoint said party Of the
second part, his agent or attorney ia
fact, to make such recital, and hereby
covenant and agree that the recital so
to be made by said party of the second
part shall be binding and conclusive
upon his heirs, executors, administra-
tors and assigns. And the conveyance
to be made by said party of the second
part, shall be effectual to bar all equity
of redemption of said party of the first
part, his successors in interest, in
and to Said premises. The said party
of the second part shall collect the
proceeds of said sale, and have re-
served therefrom the entire amount of
principal anG interest due, together
with the amount of taxes, assessments.
premiums Of insurance and attorneys
fees, heretofore paid by said party of
the second Tart with eight per cent. in
terest Ter snnum from the date of pay
ment. together with all cost and ex-
pense of sale and ten per cent, upon
the aggl gate amount due for compens-
alton to the attorneys representing
said party of the second part, and shall
pay over any surplus to the party OF
the first part, his heirs or assigns.
And said party of the second part, its
succe ssors or assigns may purchase at
said sale, and execute and deliver TO
itself conveyance as herein provided
as though it were a stranger to this
instrument
And the said party of the first part
ftrther covenant and agree that the
powers of attorney hereinbefore and
after stipulated, together with all the
powers of this instrument set out and
delegated to the said party of the Sec
Ond part, may be assigned and delegat-
ed and redelegated by the said party
OF the second part, and shall apply to
its successors with equal powers in
them to assign and delegate and redel-
egate said powers. 1t is further agreed
that the powers herein conferred may
be executed by any officer, agent or
attorney of the party of the second part
who may be delegated thereto by the
said party of the second part, its sue
cessors or assigns. The powers herein
conferred are cumulative of the RENE