The Dawson news. (Dawson, Ga.) 1889-current, 1925-05-19
Sale of Valuable Property.

Sale of Valuable Property.
GEORGIA, Terrell County-Un-
der and by virtue OF power Of sale
contained in the deed to secure debt
executed by r. Frank Cook to The
Mutual Benefit Life Insurance Com
pany on the 10Th day of October,
1911, and recorded in the office of the
Clerk of the Superior Court of Terrell
county, Georgia, in deed book T,
pages 620-21, on the Goth day of Oc-
tober, 1911, the undersigned will sell
at public outcry at the court house
door in said county of Terrell, be-
tween the legal hours Of sale, namely,
10 a. m. and 4 p. m. to the highest
bidder for cash, on the first Tuesday
in June, 1925, the following described
property, to wit:
The whole of the south half Of land
lot number two hundred and thirty
three (233), containing one hundred
and one and one-fourth (101H) acres,
more or less, and one acre in the
shape of a square in the southwest
corner of land lot number two hun
bred and thirty-two 1872, all in the
Eleventh district of Terrell county,
Georgia, and aggregating one hundred
and two and one-fourth (102H) acres,
more or less.
For the purpose OF paying a certain
promissory note for the sum of TWEEN
ty-two hundred ($220000) dollars, ex-
ecuted and delivered by the said R.
Frank Cook to the said The Mutual
Benefit Life Insurance Company on
the 10Th day of October, 1911, and
due on the 1st day of November,
1916, STIMULATING for interest from date
of said note to maturity at the rate of
six per cent per annum, payable an
nually, said interest being represented
by interest notes which have been
paid, and in 1916 Henry A. Cook
claimed to own the equity Of the said
r. Frank Cook in the premises con-
veyed to the said The Mutual Benefit
Life Insurance Company by the said
r. Frank Cook as security for the
payment of said principal note, and on
September 70, 1916, the said Henry A.
Cook signed an extension agreement
and extension interest notes agreeing
to pay the interest on said loan from
November l, 1916 to November l,
1921, and until paid at the rate of six
per cent per annum, payable annually,
one of said interest notes being pay
able on November 1st of the years
1917, 1918, 1919, 1920 and 1921, re-
spectively; and in 1921 N. Emett
O'Hearn claimed to own the equity OF
the said Henry A. Cook in the prem
Uses convened to the said The Mutual
Benefit Life Insurance Company by
the said r. Frank Cook as security
for the payment of said principal note,
and on November l, 1921 the said N.
Emett OHearn signed an extension
agreement and extension interest notes
agreeing to pay the interest on said
loan from November l, 1921 to No
vember |. 1926, and until paid at the
rate of six and one-half per cent per
annum, payable annually, one of said
interest notes being payable on No
vember LIST of the years 1922, 1928,
1924, 1925 and 1926, respectively. Said
principal sum of twenty-five hundred
($22O000) dollars and said interest
note signed by the said N. Emett
O'Hearn for one hundred forty-three
and noIl00 ($14300) dollars which be-
came due November /. 1924, together
with taxes of $25.03 for the year 1924
by The Mutual Benefit Life
Insurance Company April II, 1925, re-
main unpaid and the said r. Frank
Cook. Henry A. Cook and n Emett
O'Hearn fail and refuse to pay the
same on demand, and the said The
Mutual Benefit Life Insurance Com
pany under the terms and conditions
of said note and extension agreements
and the deed to secure debt and other
papers in connection with the loan
made by the said R. Frank Cook and
extension papers made by the said
Henry A. Cook and n. Emett
O'Hearn, has elected to declare the
principal and interest on said loan
due and payable for the non-payment
of interest. as therein provided, and
said sums are now due and unpaid
The power OF sale contained in said
deed to secure debt provides that in
case of default in the payment of said
debt by the said R. Frank Cook, when
due. the undersigned grantee in said
deed may sell the said property, in
GLIDING the right. title and interest
therein of the said R. Frank Cook, his
heirs and assigns, at auction at the
house door in the county in
which the 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 for four weeks in a newspaper
published in the county where said
and lies. All the terms and conditions
IF said power of sale are hereby spe-
,ially referred to and made a part of
his advertisement just as if incorpo-
-ated herein.
Said property will be sold and deed
made to the purchaser by the under
signed as provided in said power OF
sale in said deed to secure debt, as
stated.
THE MUTUAL BENEFIT LIFE
INSURANCE COMPANY. By Ellis,