The Marietta journal. (Marietta, Ga.) 1918-1944, 1922-10-19
tate Of Georgia, Cobb County.

State of Georgia, Cobb County.
OhGer ana by virtue of a power of sale
contained IN certain deed to secure a debt
executed by Albert Gibson to Kennesaw state
Bank on the lst day of February 1921 and re-
corded in the office of the Clerk of the Super
Tor Court of Cobb County, Ga in Deed Book
oI, page 80, the undersigned will sell at
Puollc sale at and before the court house
door IN said County of Cobb, during the legal
hours OF SALE, to the highest bidder for cash
the following described property to-wit:
i, All mat tract Of land lying and being in
C Ene zOth District and End Seution of Cobb
county Georgia. and containing forty t40D
acres more or less, and being the Northwest
corner OF land lot No 1874 in said District
ana section, above mentioned and bounded
as as follows North, by land of j. J. Green
East by land of j. II. Owens, South by land
OF >: II. Owens and on the West by land Of
Is. II. Carrie This being the same land decided
from Is. V. Green to Marian Green on Nov
e emf 18th 1909, and recorded in Deed Book
n w folio 2Sl, Noyember 18th 1909
sad above described tract of land was con-
yeyed to said Kennesaw State Bank on the
lath day OF January, 1921, for the purpose
OF securing a certain Indebtedness due said
bahk by said Albert Gibson, which indebt-
euhess was represented by two certain pro-
mssory notes dated on January 18th, 1921,
one bel1r or the principal sum of S603.56,
que on November LIST, 1921 with interest from
naIuIity at the rate of eight per cent and
the other OF said notes being for the prin-
clpal sum Of S1O0.0O due January lst 1922,
Win interest at the rate of eight per cent
from maturity, with all costs of collection,
me me totaI amount due upon said two notes
being al this time the sum of 1892 3d.
sad security deed hereinbefore referred to
contains a stipulation to the effect that if
the sald Albert Gibson shall fail to pay any
IN stalment Of taxes due against said proper
" promptly, then the said Kennesaw State
bahk IS authorized at its option to sell said
property for the payment of said taxes and
"a u InQeotedness referred to in said deed.
Inc said Albert Gibson failed and refused to
pay the lnstallment of taxes due upon said
property for the year 1921 promptly when
que and failed to pay said taxes at all and
lhe sand hennesaw State Bank was forced
10 pay the same the 4th day of April,
W., IN order to protect said property from
sale by the Sheriff, which said taxes amounted
TO the sum of S2754, which under the term
OF SAID deed said Bank holds a lien upon
sald land as security therefor
Under the terms of said deed herinbofova
referred TO-, the failure Of Albert Gibson to-
pay said taxes would authorize said Keunesaw
state Bank to sell said poperty as provided
IN said deed even if the Indebtedness referred
10 therein was not due, at its option, but as
matter OF fact both of said. notes herein
referred to are long past due and said Ken
nesaW State Bank will sell said property for
the purpose of applying the proceeds Of said
SAFE TO the payment of said Indebtedness rep
resented by said two notes, together with the
amount OF taxes paid by it as already set out,
together with costs Of this proceeding as is
provided for and stipulated in said security
deed, the balance, if any, TO go to the said
Albert Gibson. conveyance will be made to
the purchaser by the undersigned as provided
Tor in said deed given to secure said indebted
ness
This October 10th. 1922.
KENNESAW STATE BANK,
Acting attorney-in-fact Tor
Albert Gibson.