NOTICE OF SALE
Pursuant to the Power of Sale contained in a Security Deed given by David A Pedri to Mortgage Electronic Registration Systems, Inc., as nominee for Mortgage Investors Corporation dated 7/10/2011 and recorded in Deed Book 231 Page 228, Lanier County, Georgia records; as last transferred to Mortgage Investors Corporation, conveying the after-described property to secure a Note in the original principal amount of $ 133,044.00, with interest at the rate specified therein, there will be sold by the undersigned at public outcry to the highest bidder for cash before the Courthouse door of Lanier County, Georgia, within the legal hours of sale on February 05, 2013 (being the first Tuesday of said month unless said date falls on a Federal Holiday), the following described property:
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF Lanier, STATE OF GA, AND IS DESCRIBED AS FOLLOWS:
All that tract or parcel of land situate, lying and being in Land Lots 498 & 499 of the 10th Land District of Lanier County, Georgia, and being all of Lot 35, as shown on a Plat entitled "SUBDIVISION PLAT FOR: OAK HILL SUBDIVISION", recorded in Plat Cabinet A, Slide Number 141 B, in the office of the Clerk of the Superior Court of Lanier County, Georgia, to which reference is herewith made for a more particular description. Said property has a residence dwelling located thereon known and designated as 40 Eleanor Place, Ray City, Georgia
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 the Security Deed and by law, including attorney s fees (notice of intent to collect attorney s fees having been given).
Said property is commonly known as 40 Eleanor Place, Ray City, GA 31645 together with all fixtures and personal property attached to and constituting a part of said property, if any. To the best knowledge and belief of the undersigned, the party (or parties) in possession of the subject property is (are): David A Pedri or tenant or tenants.
GMAC Mortgage, LLC is the entity or individual designated who shall have full authority to negotiate, amend and modify all terms of the mortgage pursuant to established guidelines.
GMAC Mortgage, LLC
3451 Hammond Avenue
Waterloo, IA 50702
Note, however, that such entity or individual is not required by law to negotiate, amend or modify the terms of the loan.
Said property will be sold subject to: (a) any outstanding ad valorem taxes (including taxes which are a lien, but not yet due and payable), (b) unpaid water or sewage bills that constitute a lien against the property whether due and payable or not yet due and payable and which may not be of record, (c) the right of redemption of any taxing authority, (d) any matters which might be disclosed by an accurate survey and inspection of the property, and (e) any assessments, liens, encumbrances, zoning ordinances, restrictions, covenants, and matters of record superior to the Security Deed first set out above.
The sale will be conducted subject to (1) confirmation that the sale is not prohibited under the U.S. Bankruptcy Code; and (2) final confirmation and audit of the status of the loan with the holder of the Security Deed. Pursuant to O.C.G.A. Section 9-13-172.1, which allows for certain procedures regarding the rescission of judicial and non-judicial sales in the State of Georgia, the Deed Under Power and other foreclosure documents may not be provided until final confirmation and audit of the status of the loan as provided immediately above.
Mortgage Investors Corporation as agent and Attorney in Fact for David A Pedri
Aldridge Connors, LLP, 15 Piedmont Center, 3575 Piedmont Road, N.E., Suite 500, Atlanta, Georgia 30305, (404) 994-7400.
THIS LAW FIRM MAY BE ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. 1165-4676