CN3335 NOTICE OF SALE UNDER POWER GEORGIA, CATOOSA COUNTY Because of the maturity and default in the payment of that certain Promissory Note in the amount of $59,754.93, executed by Elaine T. Sweet to Gateway Bank & Trust which is secured by a Security Deed recorded in Deed Book 770, Page 540, in the Office of the Clerk of the Superior Court of Catoosa County, Georgia, and as modified by that Modification of Security Deed recorded in Deed Book 865, Page 779 in the Office of the Clerk of the Superior Court of Catoosa County, Georgia, and as modified by that Modification of Security Deed recorded in Deed Book 1375, Page 716 in the Office of the Clerk of the Superior Court of Catoosa County, Georgia, the Undersigned, Gateway Bank & Trust, pursuant to said security deed and the note thereby secured, has declared the entire amount of said indebtedness immediately due and payable and pursuant to the power of sale contained in said security deed, will on Tuesday, August 7, 2012, between the hours of 10:00 a.m. and 2:00 p.m., at the Courthouse door in Ringgold, Catoosa County, Georgia, sell at public outcry to the highest bidder for cash, and free from any equity of redemption, statutory right of redemption, homestead, dower, curtesy and all other exemptions which are expressly waived in the security deed, the property described in said security deed, to-wit: Being and lying in Original Land Lot No. 171 in the 28th District and 3rd Section of Catoosa County, Georgia and being more particularly described as follows: Beginning on the East right-of-way line of Guyler Street, said beginning point being a distance of 170 feet Southwesterly along the East right-of-way line of Guyler Street from its intersection with US Hwy 41, thence South 66 degrees, 13 minutes East, a distance of 165 5 feet to a point, thence South 21 degrees, 31 minutes West, a distance of 83 32 feet to a point, thence North 64 degrees, 30 minutes West, a distance of 167 8 feet to a point, said point being on the Southeast right-of-way line of Guyler Street, thence North 23 degrees East, with and along the Southeast right-of-way line of Guyler Street a distance of 78 23 feet to the point of beginning. Being the same property described in Warranty Deed recorded in Deed Book 508, Page 382, in the Office of the Clerk of the Superior Court of Catoosa County, Georgia, and being the same property described in Warranty Deed recorded in Deed Book 770, Page 538, in the Office of the Clerk of the Superior Court of Catoosa County. PROPERTY ADDRESS: 224 Guyler Street, Ringgold, Georgia 30736 . The sale will be held subject to any unpaid taxes, assessments, rights-of-way, easements, protective covenants or restrictions, liens, rights of redemption of any taxing authority, and other superior matters of record which may affect said property. The sale will be conducted subject (1) to confirmation that the sale is not prohibited under the U.S. Bankruptcy Code and (2) to final confirmation and audit of the status of the loan with the holder of the security deed. The entity that has full authority to negotiate, amend, and modify all terms of the mortgage with the debtor is: Gateway Bank & Trust, 5102 Alabama Highway, Ringgold, Georgia 30736 (706) 965-5500. The secured creditor is not required by law to negotiate, amend, or modify any of the terms of the mortgage instrument. Dated this 6th day of July, 2012. Simonds Law Firm, 427 E. 5th Street, Suite 100, Chattanooga, Tennessee 37403 (423) 285-6158. 7-11,18,25;8-1