Jasper County GaArchives Deed.....Bank, Farmers - Stinson, Et Al March 4, 1907 ************************************************ Copyright. All rights reserved. http://www.usgwarchives.net/copyright.htm http://www.usgwarchives.net/ga/gafiles.htm ************************************************ File contributed for use in USGenWeb Archives by: Phyllis R. Thomas http://www.genrecords.net/emailregistry/vols/00016.html#0003785 September 10, 2008, 6:24 am City lot, Monticello Written: March 4, 1907 Recorded: March 7, 1907 Deed Book O Page 289 City lot, Monticello 2½ acres, brick hotel State of Georgia,U.S.A.County of Jasper. In consideration of the sum of $4433.19( Forty four hundred thirty three and 19/100 dollars,to us paid,this 4th.,day of March 1907,we,Geo.W.Stinson and Mrs.G.W.Stinson of the county of Jasper,State of Ga.,do hereby sell and convey unto Farmers Bank and assigns a tract or parcel of land,which is described as follows:A certain lot with all improvements thereon in the City of Monticello,Jasper County Georgia,bounded north by lands of J.L.Campbell, east by Forsyth st.,south by Greene st., and west by lands of M.S.Benton, containing Two and one half acres more or less,and being that lot of land upon which the Monticello Hotel is now erected.To have and to hold said tract of land and its appurtenances unto said Farmers Bank and assigns in fee simple,we warrant the title to said land against the lawful calim (sic) of all persons.This conveyance is intended to operate as provided in sections 2771,2772 and 2773 of the code of 1895,in regard to the sales of property to secure debts,and to pass the title of the property described into the said Farmers Bank,the debt hereby secured being one certain promissory note bearing even date herewith for $2135.86,and due Jany 1st.,1908,also one certain promissory note bearing even date herewith for $2297.33 and due Jany 1st.,1909,we agree to pay the interest annually upon said notes if the holder so requires,and if we fail so to do,then and in that case we agree the whole amount of said debt shall fall due at once regardless of the date of Maturity thereof at the option of the holder nevertheless,and the said Farmers Bank may and by these presents is authorized at its option to sell at public outcry before the court house door in the county of Jasper,State of Georgia,to the highest bidder for cash,all of said property or a sufficiency thereof to pay said indebtedness with the interest thereon and the expenses of the proceeding,including fees of attorney,if incurred,to the amount of ten per cent (sic) after advertising the time,place and terms of sale in a newspaper of general circulation in said county of Jasper once a week for four weeks.And the said Farmers Bank or assigns,may make to the purchaser or purchasers of said property good and sufficient titles in fee simple,to the same divesting out of the said Geo.W.Stinson and Mrs.G.W.Stinson all right and equity thet (sic) they may have in and to said property,and vesting in the purchaser or purchasers aforesaid.The proceeds of said sale are to be applied first to the payment of said debt and interest and the expenses of this proceeding,the remainder if any paid to said Geo.W.Stinson and Mrs.G.W.Stinson.That said Farmers Bank agent or assigns,are hereby authorized to proceed summarily to put the purchaser or purchasers in possession of said property,the said Geo.W.Stinson and Mrs.G.W.Stinson covenanting and agreeing to surrender the same without let or hinderance of any kind.In witness whereof the said Geo.W.Stinson and Mrs.G.W.Stinson have hereunto set their hand and affixed their seal and delivered these presents,the day and year first above written. Mrs.G.W.Stinson (Seal) Signed,sealed and delivered G.W.Stinson (Seal) in presence of: J.E.Hill H.C.McClure N.P.J.Co.Ga. Recorded March 7th.,1907 R_Haus Clerk. Handwritten in red pen across the page: DN Harvey, Cashier, 8/12/1911, Cancelled, RL Davis Clk. Additional Comments: Et al: George W. Stinson & wife, Nancy Carter Stinson This deed is typed; no space after punctuation. Transcriber has digital image of this page. File at: http://files.usgwarchives.net/ga/jasper/deeds/stinson141ndd.txt This file has been created by a form at http://www.genrecords.net/gafiles/ File size: 4.4 Kb