Taylor County GaArchives Deed.....Wilburn, W.E. - Parks, Asa I. October 12, 1925 ************************************************ 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: Harris Hill http://www.genrecords.net/emailregistry/vols/00011.html#0002514 September 3, 2005, 11:50 am 224/13th District Written: October 12, 1925 The Reynolds New Era Wednesday, June 4, 1930 Georgia, Taylor County Whereas on Oct. 12, 1925, Asa I. Parks executed and delivered to W.E. Wilburn his certain Warranty Deed wherein and whereby he conveyed to the said Wilburn the lands hereinafter described as security for the payment of an indebtedness of $3,500.00 principal, besides interest, as in said deed described and set forth; the said deed being of record in Book "Q" page 387, in the Clerk's office of Superior court of said county; and in and by terms of said deed the said Wilburn is authorized and empowered, upon default being made in the payment of said indebtedness or the interest thereon, to sell the said lands so conveyed at public outcry, before the courthouse door of said county, to the highest bidder, for cash, after advertising the time, place and terms of sale in any newspaper published in said county of Taylor, once a week for four weeks prior to the day of sale; and the said indebtedness being payable in installments as set forth in said deed, the final installment being due on Nov. 1, 1930, but it is provided in said deed and the notes secured thereby that upon default in the payment of either of said installments or the interest on said debt, the said Wilburn should have the right to declare the entire indebtedness due and payable at the date of such default, regardless of the dates of maturity as specified in the notes secured by said deed, and default having been made in payment of the principal installment due on the first day of November in each of the years 1926, 1927, 1928 and 1929 and in the payment of interest which became due on Nov. 1, 1928 and 1929, the said Wilburn in the exercise of his said option, has declared the entire indebtedness due, and for the purpose of collecting same will sell before the courthouse door at Butler, in said county of Taylor on Monday the 30th day of June 1930, within the legal hours of sale, at public outcry, to the highest bidder, for cash, the said lands so conveyed to him, which are described as follows: All of lot of land No. 224, containing 202 1/2 acres, more or less, situated, lying and being in the 13th District of Taylor County, Georgia, being the place whereon the grantor now resides. Said lands to be sold as the property of the said Asa I. Parks for the purpose of paying the said indebtedness which, on said day of sale amounts to $4253.40. The proceeds of said sale will be applied first to the payment of said indebtedness and the expenses of this proceeding, and the remainder, if any to be paid to the said Asa I. Parks as provided by said security deed. Sufficient title will be made to the purchaser at such sale. Terms cash. May 29, 1930. W.E. Wilburn. R.L. Greer, Jno. M. Greer, Attorneys. File at: http://files.usgwarchives.net/ga/taylor/deeds/parks31ndd.txt This file has been created by a form at http://www.genrecords.net/gafiles/ File size: 3.4 Kb