The Lee County journal. (Leesburg, Ga.) 1904-19??, 1923-02-02

or be summary dlSpOsse sea acc'iu
ing to the provisions Of Aw appli
cable TO tenants holding over.
Said property Will be sold and deef'
made To the purchaser by the undei-
Signed, as provided in said power Of
sale In said decd to secure debt, aj
hereinbefore stated.
This the 8th day Of January, 1872.
THE MUTUAL BENEFIT LIFE IN
SURANCE COMPANY.
by ELLIS, WEBB & ELLIS, ,
Their Attorneys
Americas, Georgia.
GEORGlA--Lee County.
WHEREAS; Mrs. Martha +. Bradley
did on the fist day q November 1919,
execute end Gclife' to The feteFai
Land Bank Of Columbia, corporation
crea G. and existing under the Act OF
Congress, CERTAIN pri3cipal note f3r
$4,000 90 which nGto was made due on
Inc Amortization pla Of p yGont and
said payments, Including interest be
ing due in thirty-fCur annual inst IL
mcnt, Of $4,000 each and a final IN
sediment Of $491,20 the first install
ment Being due and payable en- De-
cembcr fst, 1920, and each successive
jrstallmeLt being payable On the same
date of each year thereafter until the
entire sums above named were paid,
and it was provided that in case of
default in the payment, of any INSTALL
ment or installments same should
bear simple interest at rate of per
cent per annum, and it was further
provided in the said note as follows.
"If default he made in the payment
OF any installment or installment OF
this note or il default be made in re-
spect to any condition or covenant in
the deed which sucures the payment
hereof, then and in that event the
whole sum Of the principal Of this note
remaining at that time unpaid to
gether with the accrued interest shall
ct the option CT the holder hereof be-
como due and payable at Cnce, time
being the essence Of this contract, =
and
WHEREAS, in order to sucre the
payment Of the principal and interest
in said note said Martha L. Bradley
executed ana delivered to said Federal
Land Eaak Of Columbia as aforesaid a
deed to the lands hereinafter reScriu-
ed and which deed i recorded in the
Office of the clerk Of the Superior,
c urt Of said County of Lee, in Deed
Book IL, Page 81 and So, and
WHEREAS, III the deed there is the
following power Of attorney and power
OF sale, at is furthe coyenanted and
agreed that if said party OF the first
part shall fail to pay any Of the said
installments as they become due and
payable, or to perform all of the condi-
tions and covenants and conditions as
specified in this Cced; or if default be
made in the insurance agreement, or
in the payment OF said taxes, liens,
judgments or asses ments as herein
provided, the whole principal sum Of
said note remaining unpaid at that
time together with all accrued interest
and all ether sums, including all suE&
advanced for taxes, premiums Of in
surance and charges Of any kind shall
at once become due and payable with
out notice, time being Of the essence
OF this contract; and it is further
agreed th3t if the debt hereby Sc
cured shall not lie paid when due in
due course, or by reason of deafult as
above provided, The Federal Land
Bank Of Columbia, its successors and
assigns may sell the said property at
auction at the uEual place for conduct
ing sales at the Court House in TIE
County where the land lies, in said
State, to the highest bidder for cash,
first giving four weeks notice OF the
time, terms and place Ct such sale, by
once q week in a news
paper published in said County; all
other notices being waived by paity@ef
the first part, and the Federal Land
Bank of Columbia, or anyone en- behalf
of said Bank, its successors or assigns,
may bid and purchase at sGi dsaie, and
thereupon execute ana deliver to The
purchaser at such sale a sufficient
conveyance OF said premises in fee SIN
pie, which conveyance shall contain
recitals IS to the happenings Of the
default upon which the execution Of
the power of sale herein granted de
ponds and said parties Of the first part
hereby constitute and appoint The
Federal Land Bank CT Columbia, its
successors or assigns, the agent and
attorney in fact Of said parties Of the
first part to<male such recitals and
hereby covenant and agree that the
rectas so to be made by the Federal
Land Bank CT Colup bia shall be bind
ing and conclusive upon said parties
Of the first part, their heirs, executors.
administrators and assigns. and that
tho conveyance to lie SO made by the
Federal Land Bank Of Columbia, shall
be fectual TO bar all equity of re-
demption of the s9id parties of the
first part or their Successors il inter
est, in and to said premises" and
WHEREAS, said Mrs Martha L.
Bradley has made default in the
payment OF the sums due December
LIST, 1920, December LIST, 1921, and
December LIST, 1922, and has defaulted
in her agreement to keep insurance as
above set out and pay all taxes be-
coming due, The Federal Land Bank
Of Columbia, has under the agreement
and authority above set out. declared
the principal sum due and payable,
with interest on said principal amount
from date at the rate Of 512 per cent
per arnum as per agreement in said
note, now therefore,
UrGer and by virtue of the premises
and the said power f sale contained
in the deed as aforesaid will be sold
before the Court House door in the
ECrn+,- &c I 40 cold CStoro -, ONcb.,rr