Tribune and Georgian
Camden County

NOTICE OF SALE UNDER POWER STATE OF GEORGIA COUNTY OF CAMDEN
Jan 10, 2013 | 90 views | email to a friend | print

NOTICE OF SALE UNDER POWER

STATE OF GEORGIA

COUNTY OF CAMDEN

Under and by virtue of the Power of Sale contained in that certain Deed to Secure Debt by and between Walter Callahan Smith and Loanne R. Smith (_Grantors_) and Sandia Laboratory Federal Credit Union (_Lender_ or _Grantee_), dated July 19, 2007 and recorded in Deed Book 1371, Page 12, Camden County, Georgia records (the "Security Deed"); Grantee as attorney-in-fact for Grantor will sell at public outcry to the highest and best bidder for cash before the Courthouse door of Camden County, Georgia, during the legal hours of sale, on the first Tuesday in February, 2013, the following described real property, to wit:

All that lot, tract or parcel of land lying and being in 29th G.M. District, Camden County, Georgia, more particularly described as follows:

ALL OF LOT 20, OF KRISTIN_S PLACE SUBDIVISION as more fully and accurately shown and described on that certain plat of survey by Phillip Jackson, Georgia Registered Land Surveyor No. 2804, dated May 5, 2003, recorded in Plat Drawer 15, Map. Nos. 38, 39, and 40, Camden County, Georgia Public Land Records.

The debt secured by the Security Deed is evidenced by that certain Adjustable Rate Note by and between Grantors and Lender dated or last renewed on July 19, 2007 in the original principal amount of $192,000.00 (the _Note_) plus interest on the unpaid balance until paid, and other indebtedness.

Default has occurred and continues under the terms of the Note and Security Deed by reason of, among other possible events of default, the nonpayment when due of the indebtedness evidenced by the Note and secured by the Security Deed and the failure to comply with the terms and conditions of the Note and Security Deed. By reason of this default, the Security Deed has been declared foreclosable according to its terms.

The above-described real property will be sold to the highest and best bidder for cash, the proceeds to be applied to the payment of said indebtedness, attorneys_ fees, and the lawful expenses of said sale, all as provided in the Note and Security Deed. The sale shall be subject to the following: all outstanding ad valorem taxes and/or assessments, if any; possible redemptive rights of the Internal Revenue Service, if any; and all other prior assessments, easements, restrictions or matters of record.

To the best of the undersigned_s knowledge and belief, the party in possession of the real property is Walter Callahan Smith and Loanne R. Smith.

Sandia Laboratory Federal Credit Union

As Attorney-in-Fact for Walter Callahan Smith and Loanne R. Smith

Joshua M. Katz, Esquire

Macey, Wilensky, Kessler & Hennings, LLC

Atlanta, Georgia 30303-1229

404/584-1200

THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR AND IS ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

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