The Eatonton Messenger
Putnam County

Jan 29, 2013 | 187 views | email to a friend | print





Under and by virtue of the Power of Sale contained in a certain Deed to Secure Debt from TERESA WILLIAMS AND DAVID WILLIAMS, Grantors, to FARMERS AND MERCHANTS BANK of Eatonton, Georgia, P.O. Box 4450, Eatonton, Georgia, Grantee, dated April 23, 2010, and recorded in Deed Book 697, Pages 27-33, as modified on April 22, 2011 and recorded in Deed Book 722, Pages 294-295, in the Office of the Clerk of the Superior Court of Putnam County, Georgia, such Deed to Secure Debt having been given to secure a promissory note in the principal amount of Fifty-Two Thousand Nine Hudred Sixty-Three Dollars and 54/100 ($52,963.54), with interest thereon as provided for therein, there will be sold by the undersigned at public outcry, during the legal hours of sale before the door of the Courthouse of Putnam County, Georgia, on the first Tuesday of February, 2013, to the highest and best bidder(s) for cash, the following described property, to wit:

All that tract or parcel of land lying and being in Putnam County, Georgia, being Lot #2 in Block B, in what is known as Island Point Subdivision, located on Lake Sinclair, according to a plat of survey made by W.D. Maness, RS#493, recorded in Plat Book 2, Page 40, Office of the Clerk of Putnam Superior Court to which reference is made for a more complete and accurate description.

ALSO, All that tract or parcel of land lying and being in the Third District, Putnam County, Georgia, and being more particularly known and described as Lot B, Parcel B, according to a plat which appears of record in Deed Book 6-E, Page 683, Clerk s Office, Putnam Superior Court which is incorporated herein by reference thereto. IT IS THE INTENT TO CONVEY THE PROPERTY SITUATED BETWEEN THE REAR PROPERTY LINE OF LOT 2, BLOCK B, OF ISLAND POINT SUBDIVISION AND THE PUBLIC ROAD AS SHOWN ON THE AFOREMENTIONED PLAT.

The debt secured by said Deed to Secure Debt and Note has been and is hereby declared due and payable in full because of, among other possible events of default, non-payment pursuant to the respective terms of said Deed to Secure Debt and Note. The indebtedness remaining in default, the sale will be made for the purpose of applying the proceeds thereof to the payment of the indebtedness secured by the Deed to Secure Debt, accrued interest and expenses of sale, including attorneys' fees, as provided in Deed to Secure Debt and by law, and the remainder, if any, shall be distributed as provided by law. Notice has been given of intention to enforce the provisions for collection of attorneys' fees and foreclosure in accordance with legal requirements and the terms of the Deed to Secure Debt and Note. Notice has also been given pursuant to the provisions of Georgia Code Section 44-14-162 et.seq.

Said property will be sold as the property of the Grantor subject to the outstanding ad valorem taxes [both present and past (if any)], any matters which might be disclosed by an accurate survey and inspection of the property, any assessments, liens, encumbrances, zoning ordinances, restrictive covenants, street improvements, easements and other matters and restrictions of record, if any and matters of record superior to the Security Deed first set out above. The undersigned will execute a deed or deeds to the purchaser or purchasers at said sale, as provided in the Deed to Secure Debt.

To the best of the undersigned's knowledge and belief, the party in possession of the property is TERESA WILLIAMS and DAVID WILLIAMS, and all or a portion of said property is more commonly known as 227 Lakeshore Drive, Eatonton, Georgia 31024; together will all personal property and fixtures attached to and constituting a part of said property, if any; however, please refer only to the legal description for the location of the property.

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.

This the 4th day of January, 2013.


as Attorney in Fact for

Teresa Williams and

David Williams

Brandy T. Huskins, Attorney for

Farmers and Merchants Bank

Huskins Law Firm, LLC

114 W. Marion Street

Eatonton, Georgia 31024