I. The Sin
II. The Redemption
2.1 The Redemption is Costly
(Psalm 49:6-9)
Psalm 49
6 Those who trust in their wealth
and boast in the multitude
of their riches,
7 None of them can by any means redeem his brother,
Nor give to God a ransom for him—
8 For the redemption of their souls is costly,
And it shall cease forever—
9 That he should continue
to live eternally,
and not see the Pit.
(NKJV)
Jeremiah 2:22 For though you wash yourself with lye, and use much
soap, Yet your iniquity is marked before Me,” says the LORD GOD. (NKJV)
"Without shedding of blood
is no remission"
Leviticus 17:11 with Hebrews 9:22
2.1.1 Jesus Christ: the Lamb of God
(Exodus 12:1-7 with John 1:29; 1 Corinthians 5:7;
1 Peter 1:18,19; Revelation 7:14...)
a. The Passover Instituted
(Exodus 12:1-28)
b. Jesus Christ, our Passover Lamb
(John 1:29; 1 Corinthians 5:7...)
2.1.2 Jesus Christ Paid
Our Debt of Sin
with His Precious Blood
(Isaiah 53:5; Colossians 2:14; 1 Peter 1:18,19...)
The Old Account
Was Settled
The Old Account Was Settled
1. There was a time on earth,
when in the book of Heav’n
An old account was standing
An old account was standing
for sins yet unforgiv’n;
My name was at the top,
My name was at the top,
and many things below,
I went unto the Keeper,
I went unto the Keeper,
and settled long ago.
Refrain
Long ago (down on my knees),
long ago (I settled it all),
Yes, the old account
was settled long ago (Hallelujah!);
And the record’s clear today,
Yes, the old account
was settled long ago (Hallelujah!);
And the record’s clear today,
for He washed my sins away,
When the old account was settled long ago.
When the old account was settled long ago.
2. The old account was large,
and growing every day,
For I was always sinning,
For I was always sinning,
and never tried to pay;
But when I looked ahead,
But when I looked ahead,
and saw such pain and woe,
I said that I would settle,
I said that I would settle,
I settled long ago.
3. When in that happy home,
my Savior’s home above,
I’ll sing redemption’s story,
I’ll sing redemption’s story,
and praise Him for His love;
I’ll not forget that book,
I’ll not forget that book,
with pages white as snow,
Because I came and settled,
Because I came and settled,
and settled long ago.
4. O sinner, trust the Lord,
be cleansed of all your sin,
For thus He hath provided
For thus He hath provided
for you to enter in;
And then if you should live
And then if you should live
a hundred years below,
Up there you’ll not regret it,
Up there you’ll not regret it,
you settled long ago.
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