Thomas County

Feb 08, 2013 | 149 views | email to a friend | print



WHEREAS, heretofore on January 18, 2008 MICHAEL WALLACE, II AND KITSI REDD WALLACE did execute to THOMAS COUNTY FEDERAL SAVINGS AND LOAN ASSOCIATION, a certain security deed to the following land:

All that tract or parcel of land situate, lying and being in the City of Thomasville, Thomas County, Georgia, containing 0.373 acres and being more particularly identified as Tract 2 on a plat of survey prepared for Dawson Street Methodist Church by Barbara L. Herring, Georgia Registered Land Surveyor No. 2785, dated September 9, 2004 and recorded in Plat Book 8, Page 490 of the Public Records of Thomas County, Georgia, which said plat of survey by reference thereto is incorporated herein and made a part hereof for a more definite description.

The above described property is known as 829 N. Young Street, Thomasville, GA 31792.

WHEREAS, said security deed secures a note dated January 18, 2008 in the original amount of One Hundred Thirty Nine Thousand and 00/100 Dollars ($139,000.00) and all other indebtedness then owing or thereafter arising between the parties, all shown by a security deed recorded in Deed Book 1466, Page 299 in the office of the Clerk of the Superior Court of Thomas County, Georgia.

WHEREAS, payments under said note have become in default, and the undersigned gave Michael Wallace, II and Kitsi Redd Wallace notice of default and the right to cure notice as provided in the security deed, and the default was not cured as required, and the undersigned accelerated the debt and declared the same due, and the undersigned has elected to proceed with non-judicial foreclosure as provided for in said security deed.

NOW, THEREFORE, according to the original terms of said security deed and pursuant to the power of sale contained therein and the laws in such cases made and provided, the undersigned will expose for sale to the highest and best bidder for cash the above described property, after proper advertisement, on the first Tuesday in March, 2013, between the legal hours of sale before the Thomas County Judicial Center, 325 N. Madison St., Thomasville, Georgia.

Said property will be sold subject to taxes for the year 2013 and any prior unpaid taxes, any matters which might be disclosed by an accurate survey and inspection of the property, any assessments, liens, encumbrances, zoning ordinances, restrictions, covenants and matters of record superior to the security deed first set out above.

The proceeds from said sale will be used, first to the payment of said debt, principal, interest and expenses and attorney's fees for which proper notice is given, and the balance, if any, delivered as provided in said security deed.

Thomas County Federal is the secured creditor. The person at Thomas County Federal with full authority to negotiate and modify the terms of your security deed is Theresa Butler. The address of Thomas County Federal is 131 South Dawson Street, Thomasville, GA 31792, and the telephone number is 229-226-3221.

This law firm is acting as a debt collector for Thomas County Federal. Any information obtained by us will be used for the purpose of collecting the debt described herein.

This February 1, 2013.

Thomas County Federal Savings and Loan Association, as attorney-in-fact for Michael Wallace, II and Kitsi Redd Wallace, under power of sale in security deed.

John Turner Holt

Alexander & Vann, LLP Attorneys

411 Gordon Avenue

Thomasville, GA 31792



RUN: 2/8, 15, 22 and 3/1/2013