STATE OF GEORGIA, BIBB COUNTY, CITY OF MACON
                                              AD VALOREM TAX STATEMENT
                                                                              THOMAS W. TEDDERS, JR.
                                                                              TAX COMMISSIONER
             RUN DATE 08/20/2004         TAX YEAR = 2004                    OFFICE PHONE # 478-621-6500

          OWNER NAME         LEE JAMES E II & PAIGE J           ACCOUNT NUMBER    X02355-001
          PROPERTY ADDRESS   0870 COLLEGE ST TAX DISTRICT      1
          100% VALUE          144,200      EXEMPTION CD      S0
          40% VALUE           57,680      MORTGAGE CD       04(NOTE 1)
          MAP/ROUTE          Q073-0508      MILL RATE 42.0347      MAP CODE          SWC55 4G
          PROPERTY DESC      
                          
                                       STATE         COUNTY           CITY         SCHOOL
          BOND TAX                 28.84 66.45
          REGULAR TAX 14.42 900.99 1,109.19 997.79
          PENALTIES                
          TOTAL TAX 14.42 900.99 1,138.03 1,064.24
          SALES TAX CREDIT 169.96- 523.16-
          HTRG CREDIT
          NET TAX 14.42 731.03 614.87 1,064.24
          CURRENT AMOUNT DUE--------> 2,424.56
          
          
          
          
          
          
          
           .00
 
      
          NOTE 2: GROSS MILL RATE FOR 2004    54.0512
           REDUCTION IN MILL RATE FROM PRIOR YEAR SALES TAX 12.0165
           NET MILL RATE SET FOR 2004 42.0347
          
           NOTE 1
          IF MORTGAGE CODE IS PRESENT, YOUR MORTGAGE COMPANY HAS BEEN NOTIFIED
          
          

                          RETURN THIS PORTION WITH YOUR 2ND INSTALLMENT PAYMENT
           TAX YEAR     ACCOUNT #       2ND INSTALLMENT    DUE DATE                             AMOUNT PAID
                                           AMOUNT
               2004     X02355-001           11-15-2004
  
                  INTEREST ACCRUES AFTER 11-15-2004     
 
                  LEE JAMES E II & PAIGE J
                  870 COLLEGE ST
                     
                  MACON GA 31201-1723   

                          RETURN THIS PORTION WITH YOUR 1ST INSTALLMENT PAYMENT
           TAX YEAR     ACCOUNT #       1ST INSTALLMENT    DUE DATE          TOTAL DUE          AMOUNT PAID
                                           AMOUNT
               2004     X02355-001    1,212.30        09-20-2004     2,424.56
 
                  INTEREST ACCRUES AFTER 10-20-2004                 
 
                  LEE JAMES E II & PAIGE J
                  870 COLLEGE ST
                  
                  MACON GA 31201-1723