STATE OF GEORGIA, BIBB COUNTY, CITY OF MACON
                                              AD VALOREM TAX STATEMENT
                                                                              THOMAS W. TEDDERS, JR.
                                                                              TAX COMMISSIONER
             RUN DATE 09/03/2002  A02      TAX YEAR = 2002                    OFFICE PHONE # 478-621-6500

          OWNER NAME         VAUGHN DANIEL RUSSELL &           ACCOUNT NUMBER    V02210-001
          PROPERTY ADDRESS   3396 OSBORNE PL TAX DISTRICT      1
          100% VALUE          257,800      EXEMPTION CD      S1
          40% VALUE           103,120      MORTGAGE CD       23(NOTE 1)
          MAP/ROUTE          N064-0121      MILL RATE 38.2513      MAP CODE          404 G1A
          PROPERTY DESC      
          HOMESTEAD EXEMPTIONS                7,000.00
                                       STATE         COUNTY           CITY         SCHOOL
          BOND TAX                 53.62 118.86
          REGULAR TAX 25.28 1,419.23 2,058.48 1,518.58
          LATE FILING PENALTY                
          TOTAL TAX 25.28 1,419.23 2,112.10 1,637.44
          SALES TAX CREDIT 152.95- 1,299.93-
          HTRG CREDIT 2.00- 105.39- 58.85- 126.39-
          NET TAX 23.28 1,160.89 753.32 1,511.05
          ORIGINAL AMOUNT DUE-------> 3,448.54
          ADJ FROM VALUE CHG
          INTEREST
          DELINQUENT PENALTY
          FIFA
          NSF FEES
          PAYMENTS
          CURRENT NET TAX 23.28 1,160.89 753.32 1,511.05
          CURRENT AMOUNT DUE--------> 3,448.54
 
      
          NOTE 2: GROSS MILL RATE FOR 2002    52.4486
           REDUCTION IN MILL RATE FROM PRIOR YEAR SALES TAX 14.1973
           NET MILL RATE SET FOR 2002 38.2513
          **REPLACEMENT BILL. PREVIOUS 2002 BILL WAS INACCURATE.**
           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     V02210-001    1,724.25        11-15-2002
  
                  INTEREST ACCRUES AFTER 11/15/2002     
 
                  VAUGHN DANIEL RUSSELL &
                  VAUGHN MARYBELL
                  3396 OSBORNE PL   
                  MACON GA 31204-1902   

                          RETURN THIS PORTION WITH YOUR 1ST INSTALLMENT PAYMENT
           TAX YEAR     ACCOUNT #       1ST INSTALLMENT    DUE DATE          TOTAL DUE          AMOUNT PAID
                                           AMOUNT
               2002     V02210-001    1,724.29        10- 3-2002    
 
                  INTEREST ACCRUES AFTER 11/04/2002                 
 
                  VAUGHN DANIEL RUSSELL &
                  VAUGHN MARYBELL
                  3396 OSBORNE PL
                  MACON GA 31204-1902