STATE OF GEORGIA COUNTY OF PULASKI NOTICE OF SALE UNDER POWER UNDER AND BY VIRTUE
STATE OF GEORGIA
COUNTY OF PULASKI
NOTICE OF SALE
UNDER AND BY VIRTUE of the power of sale contained in that certain Real Estate Deed to Secure Debt dated July 30, 2008, executed and delivered by OLIN J. MCLEOD ( rantor to STATE BANK AND TRUST COMPANY ( tate Bank , recorded in Deed Book 254, Page 373, Pulaski County, Georgia Records, as modified by that certain Modification of Deed to Secure Debt dated August 18, 2009, recorded in Deed Book 260, Page 645, Pulaski County, Georgia records, as further modified by that certain Modification of Deed to Secure Debt dated December 30, 2010, recorded in Deed Book 267, Page 377, Pulaski County, Georgia records (as modified, the ecurity Deed , securing a promissory note (the ote in the original principal amount of $81,579.00, there will be offered for sale at public outcry to the highest bidder for cash before the Courthouse door of said County during the legal hours of sale on the first Tuesday in December 2012, the following described property (the remises :
All that lot, tract, or parcel of land situate, lying and being in Land Lot 214 of the Fourth (4th) Land District of Pulaski County, Georgia, containing 31.00 acres in the northwest corner thereof, fronting on a paved county public road known as Blue Springs Road (County Road No. 55) and being more particularly described according to a plat of survey thereof prepared by Olin J. McLeod, Surveyor, styled urvey for Sam Singletary dated July 18, 2000, which plat, of record in Plat Book 13, Page 127, Clerk Office, Pulaski Superior Court, is incorporated herein in aid of this description and for all legal purposes. Refer to said plat for the metes, bounds, courses and distances of said tract.
To the best knowledge of State Bank, the Premises are in the possession of OLIN J. MCLEOD, and are being sold as property of the Grantor.
The Premises will be sold subject to (i) any outstanding ad valorem taxes (including taxes which are a lien, but not yet due and payable), (ii) any matters which might be disclosed by a current and accurate survey and inspection of the Premises, (iii) any assessments, liens, reservations, encumbrances, zoning ordinances, restrictions, easements and covenants which continue to be in effect and have priority over the interest of the purchaser at the foreclosure sale contemplated by this Notice of Sale; and (iv) matters of record superior to the Security Deed first set out above.
The indebtedness secured by the Security Deed has been declared due and payable by reason of default under the provisions of the Security Deed and the Note secured thereby, and sale will be made for the purpose of applying the proceeds thereof first to the expenses of publication, notice and sale, including attorneys fees (notice has been given and is hereby given of State Bank intent to enforce provisions for collection of attorneys fees), and then to payment of the indebtedness and interest thereon, with any remaining balance being applied as provided by law.
Ross Mynatt, Portfolio Manager, State Bank and Trust Company, has full authority to negotiate, amend, and modify the terms of the Security Deed and all related loan documents. Mr. Mynatt may be contacted at 3399 Peachtree Road, N.E., Suite 2040, Atlanta, Georgia 30326, Tel: (404) 266-4633.
THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
STATE BANK AND TRUST COMPANY,
as Attorney-in-Fact for
OLIN J. MCLEOD
James Merritt, Jr., Esq.
3399 Peachtree Road N.E.
The Lenox Building
Atlanta, Georgia 30326