Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1917-01-04

erty, to-wft:
One hundred and ninety seven and
eight tenths 197.S) acres of land lot
number one hundred and ninety (19O
described as follows: Begin at point
where the original west line of said
lot intersects with the Americas and
Leslie public road, thence along said
Americas and Leslie public road seven
hundred and seventy seven and one
third CIT 1-3) yards to the original
south line, thence in northeastern di-
rection five hundred and twelve and
two thirds (512 2-3) yards to the orig
inal east li1e of said lot, thence north
along the original east line seven hun
bred and ninety (790) yards, thence
west to the original west line of said
lot; thence south along the original
west line six hundred and fifty seven
and one third (657 1-3) yards to the
point of beginning; said tract of land
DClAS LII INC oSNCAIA I'M
District of Sumter County, Georgia.
For the purpose of paying certain
promissory note for the sum of twenty
five hundred (s25OO.0O) dollars execut-
ed and delivered by the said Spain C.
Kelley to the Mutual Benefit Life In
surance Company on the 9Th day Of
August, 1912, and due on the LIST day Of
November, 1917, STIMULATING interest
from the date of said note at the rate
of 6 per cent. per annum, payable an
nually. and 10 per cent. attorneys
fees, the interest on said note being
evidenced by six interest coupons of
the same date, one of said interest
notes to become due payable on the LIST
day of November of the years 1912,
1913, 1914, 1915, 1916, and 1917, res
pectively, said principal note stipulat-
ing and providing that upon failure of
the said Spain c. Kelley to comply with
the conditions mentioned therein, in
Guiding the payment of the interest on
said principal note as evidenced by
said interest coupons, within thirty
! 800 days from the date of maturity Of
any one or more of said interest notes,
the whole amount of said debt includ-
ing principal. interest, taxes, and at
torney's fees should become immed-
lately due and payable at the election
of the holder of said note, and the
said Spain C. Kelley having failed to
pay the interest of one hundred and
fifty ($150.00) dollars which became
due on Nov. 1st, 1915, said interest
note was paid by N. M. Dudley, as re-
ceiver of the Americas National Bank,
and transferred to him as receiver,
u without recourse, subject and second
to the balance of said Indebtedness due
to the Mutual Benefit Life Insurance
Company, which said interest note re-
mains unpaid, and the interest note for
one hundred and fifty ($15000) dollars
which became due on Nov. LIST, 1916,
has not been paid, and more than
thirty (30) days have expired since said
; interest became due. and the Mutual
Benefit Life Insurance Company, the
holder of said note, has declared the
. principal and interest due on said
note, to be due and payable on account
of the default in the payment of the
; interest as hereinbefore mentioned, the
amounts due and unpaid being as fol.
lows:
Said principal note amounting to
; twenty five hundred ($2500O0) dollars,
and interest of one hundred and fifty
j (S150.00) dollars which became due on
Nov. 1st, 1915; also interest of one
hundred and fifty (S1500O) dollars
which became due On Nov. 1st, 1916,
!, together with interest on said princi-
PAL note from Nov. 1st 1916, and inter-
est on said two interest coupons, at the
rate of 8 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 Ii page 1871,
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