Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1917-01-26

eu and delivered by the said Frank A
Thomas, to the said Mutual Benefit
Life Insurance Company on the 26th
day of December, 1911, and due
on the list day of November, 1916,
stipulating for interest from date Of
said note at the rate of 6 per cent
per annum, payable annually, and 10
per cent attorneys fees, the interest
ON said note being evidenced by five
60 interest coupons of the same date,
one said interest notes to become due
and payable on the LIST day Of Novem-
Der of years 1912, 1913, 1914, 1915 and
1916 respectively. said principal note
and interest notes to bear interest
from maturity at the rate of per
cent. per annum until paid. The prin-
cipal of said note amounting to said
sum of twenty-five hundred ($2500.00J
dollars, which became due and payable
on November LIST, 1916, and the inter
est coupon, amounting to one hundred
and fifty ($15O.O0) dollars, which be-
come due and payable on November
1st, 1916, together with interest at the
rate of s per cent. per annum from
maturity. are due and unpaid, and the
said Frank A. Thomas fails and refus-
es to pay same on demand. Said deed
to secure debt from the said Frank
A. Thomas to the Mutual Benefit Life
Insurance Company hereinbefore men,
toned, being recorded in the office of
the Clerk of the Superior Court OF
Sumter County, Georgia, in deed book
XIX pages 546-T. 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 fur
Their covenant and agree, that in case
of default in payment of the debt above
mentioned when due, or in case of de
fault in any of the conditions mention
ed in the said bond for re-conveyance,
the said party of the second part may
enter upon said premises and collect
the rents and profits thereof, and may
sell the said property, including the
right, title and interest therein of the
no RI nf 1VscSt RI n{ nj nd
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 highest bidder for
cash, first giving four weeks notice OF
the time. terms and place
of sale by advertising once
a week in a newspaper pub,
lished in the county where the said
land lies, and if said land lies in more
than one county, then in a 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 and 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 hap
penings, or default upon which the
execution of the power to sell herein
granted depends. And the said party
o. the first part hereby constitute and
said party of the second part
his agent or attorney in 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, administrators and assigns.
And the conveyance to be made by said
party of the second part, shall be eff
fectual to bar all equity Of redemption
Ol Sdlu party VI Lu0 III oL POI u hAo o0S-
cessors in interest, in and to said
premises. The said party of the sec
ond part shall collect the proceeds Of
said sale, and have reserved therefrom
the entire amount Of principal and
IL terest due, together with the amount
of taxes, assessments, premiums of in
surance and attorneys fees, thereto
fore paid by said party of the second
part with eight per cent. interest per
annum from the date of payment, to-
gether with all cost and expense Of
sale and ten per cent. upon the aggre-
gate amount due for compensation 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 successors or
assigns, may purchase at said sale,
and execute and deliver to itself con-
veyance as herein provided as though
II were a stranger to this instrument.