STATE OF GEORGIA, BIBB COUNTY, CITY OF MACON
                                              AD VALOREM TAX STATEMENT
                                                                              THOMAS W. TEDDERS, JR.
                                                                              TAX COMMISSIONER
             RUN DATE 08/16/2002         TAX YEAR = 2002                    OFFICE PHONE # 478-621-6500

          OWNER NAME         PHELPS EVELYN S -           ACCOUNT NUMBER    P21340-001
          PROPERTY ADDRESS   4227 OCMULGEE EAST BLVD TAX DISTRICT      2
          100% VALUE          117,400      EXEMPTION CD      S2
          40% VALUE           46,960      MORTGAGE CD       23(NOTE 1)
          MAP/ROUTE          U090-0049      MILL RATE 32.9445      MAP CODE          204 A
          PROPERTY DESC      
          HOMESTEAD EXEMPTIONS                11,000.00
                                       STATE         COUNTY           CITY         SCHOOL
          BOND TAX                 41.45
          REGULAR TAX 10.74 623.35 568.12
          LATE FILING PENALTY                
          TOTAL TAX 10.74 623.35 609.57
          SALES TAX CREDIT 57.23-
          HTRG CREDIT 2.00- 125.94- 126.39-
          NET TAX 8.74 440.18 483.18
          CURRENT AMOUNT DUE--------> 932.10
          
          
          
          
          
          
          
           .00
 
      
          NOTE 2: GROSS MILL RATE FOR 2002    34.5358
           REDUCTION IN MILL RATE FROM PRIOR YEAR SALES TAX 1.5913
           NET MILL RATE SET FOR 2002 32.9445
          
           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
               2002     P21340-001    466.05        11-15-2002
  
                  INTEREST ACCRUES AFTER 11/15/2002     
 
                  PHELPS EVELYN S -
                  BOLAND MARVIN G JR
                  4227 OCMULGEE EAST BLVD   
                  MACON GA 31217-5637   

                          RETURN THIS PORTION WITH YOUR 1ST INSTALLMENT PAYMENT
           TAX YEAR     ACCOUNT #       1ST INSTALLMENT    DUE DATE          TOTAL DUE          AMOUNT PAID
                                           AMOUNT
               2002     P21340-001    466.05        09-26-2002    
 
                  INTEREST ACCRUES AFTER 10/25/2002                 
 
                  PHELPS EVELYN S -
                  BOLAND MARVIN G JR
                  4227 OCMULGEE EAST BLVD
                  MACON GA 31217-5637