STATE OF GEORGIA, BIBB COUNTY, CITY OF MACON
                                              AD VALOREM TAX STATEMENT
                                                                              THOMAS W. TEDDERS, JR.
                                                                              TAX COMMISSIONER
             RUN DATE 09/12/2003         TAX YEAR = 2003                    OFFICE PHONE # 478-621-6500

          OWNER NAME         JERNIGAN JAMES ALEXANDER           ACCOUNT NUMBER    J13590-001
          PROPERTY ADDRESS   1047 OUSLEY PL TAX DISTRICT      1
          100% VALUE          91,900      EXEMPTION CD      S0
          40% VALUE           36,760      MORTGAGE CD       08(NOTE 1)
          MAP/ROUTE          M044-0072      MILL RATE 39.5347      MAP CODE          403 D6
          PROPERTY DESC      
                          
                                       STATE         COUNTY           CITY         SCHOOL
          BOND TAX                 18.38 42.35
          REGULAR TAX 9.19 561.46 694.76 617.52
          LATE FILING PENALTY                
          TOTAL TAX 9.19 561.46 713.14 659.87
          SALES TAX CREDIT 113.95- 376.42-
          HTRG CREDIT
          NET TAX 9.19 447.51 336.72 659.87
          CURRENT AMOUNT DUE--------> 1,453.29
          
          
          
          
          
          
          
           .00
 
      
          NOTE 2: GROSS MILL RATE FOR 2003    52.8746
           REDUCTION IN MILL RATE FROM PRIOR YEAR SALES TAX 13.3399
           NET MILL RATE SET FOR 2003 39.5347
          
          
          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
               2003     J13590-001    726.64        11-17-2003
  
                  INTEREST ACCRUES AFTER 11-17-2003     
 
                  JERNIGAN JAMES ALEXANDER
                  1047 OUSLEY PL
                     
                  MACON GA 31210-3324   

                          RETURN THIS PORTION WITH YOUR 1ST INSTALLMENT PAYMENT
           TAX YEAR     ACCOUNT #       1ST INSTALLMENT    DUE DATE          TOTAL DUE          AMOUNT PAID
                                           AMOUNT
               2003     J13590-001    726.65        10-15-2003     1,453.29
 
                  INTEREST ACCRUES AFTER 11-17-2003                 
 
                  JERNIGAN JAMES ALEXANDER
                  1047 OUSLEY PL
                  
                  MACON GA 31210-3324