NOTICE OF SALE UNDER POWER GEORGIA, GRADY COUNTY THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
NOTICE OF SALE
GEORGIA, GRADY COUNTY
THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
Under and by virtue of the Power of Sale contained in a Security Deed given by William P Slaughter and Melissa B Slaughter to Mortgage Electronic Registration Systems, Inc as nominee for Branch Banking and Trust Company, dated June 16, 2009, recorded in Deed Book 694, Page 655, Grady County, Georgia Records, as last transferred to Branch Banking and Trust Company by assignment recorded in Deed Book 747, Page 792, Grady County, Georgia Records,conveying the after-described property to secure a Note in the original principal amount of TWO HUNDRED SEVENTY-FIVE THOUSAND SEVEN HUNDRED NINETY-THREE AND 0/100 DOLLARS ($275,793.00), with interest thereon as set forth therein, there will be sold at public outcry to the highest bidder for cash before the courthouse door of Grady County, Georgia within the legal hours of sale on the first Tuesday in February, 2013, the following described property: SEE EXHIBIT ATTACHED HERETO AND MADE A PART HEREOF The debt secured by said Security Deed has been and is hereby declared due because of, among other possible events of default, failure to pay the indebtedness as and when due and in the manner provided in the Note and Security Deed.
The debt remaining in default, this sale will be made for the purpose of paying the same and all expenses of this sale, as provided in Security Deed and by law, including attorney fees (notice of intent to collect attorney fees having been given). Said property will be sold subject to any outstanding ad valorem taxes (including taxes which are a lien, but not yet due and payable), 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. Branch Banking and Trust Company is the holder of the Note and Security Deed to the property in accordance with OCGA 44-14-162.2. The entity that has full authority to negotiate, amend, and modify all terms of the mortgage with the debtor is: Branch Banking & Trust Company, 301 College Street, PVN #101729, Greenville, SC 29601, 800-827-3722. To the best knowledge and belief of the undersigned, the party in possession of the property is William P Slaughter or a tenant or tenants and said property is more commonly known as 285 Stanfill Road, Cairo, Georgia 39828. 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.
Branch Banking and Trust
Company as Attorney in Fact
for William P Slaughter
and Melissa B Slaughter
McCalla Raymer, LLC
1544 Old Alabama Road
Roswell, Georgia 30076
Our file no. 5721212-FT8
EXHIBIT All that tract or parcel of land containing 19.32 acres, more or less lying and being in Land Lot 53 of the 18th Land District of Grady County, Georgia, being more particularly described as follows: To find the Point of beginning commence at the intersection of the North right-of-way margin of US Highway 84 with the West right-of-way margin of Stanfill Road and run thence North 00 degrees 31 minutes East 2152.13 feet to the Point of Beginning of the tract herein conveyed. From said Point of Beginning run thence North 69 degrees 45 minutes West 628.6 feet; run thence North 88 degrees 45 minutes West 503 feet; run thence South 08 degrees 57 minutes West 622.5 feet; run thence North 88 degrees 45 minutes West 1091.21 feet to the run of Brumbley Creek, run thence along the run of Brumbley Creek to a point having a chord bearing North 11 degrees 59 minutes West a chord distance of 675.55 feet, run thence South 88 degrees 45 minutes East 1847.6 feet, run thence South 69 degrees 45 minutes East 622 feet, run thence South 00 degrees 31 minutes West 31.87 feet to the Point of Beginning of the tract herein conveyed. Said tract or parcel of land being more particularly described as Tract Number 1 on that plat of survey for Ross Arline and Leslie Clark by Earl Thursby dated November 4, 1996 and recorded in Plat Book 32, Page 107, Grady County Land Records Reference to said plat of survey is made to incorporate same herein by reference thereto. MR/pvm 2/5/13 Our file no. 5721212 - FT8