State of Georgia
County of Clinch
Notice of Sale under power
Under and by virtue of the Power of Sale in a certain Deed to Secure Debt from Charles Carl Singleton and Sara Annette Singleton, Grantor, to Farmers & Merchants Bank, 978 Valdosta Highway, P. O. Drawer 629, Homerville, GA 31634, dated August 24, 2009, and recorded in Deed Book 6-Q at pages 242-246, Clinch County Public Records, to secure a promissory note dated August 24, 2009, in the original principal sum of $26,643.53, there will be sold by the undersigned at public outcry, during the legal hours of sale before the door of the courthouse in Clinch County, Georgia, on the first Tuesday in September, 2012, to-wit, September 4, 2012, to the highest and best bidder for cash, the following described property:
All that tract or parcel of land lying and being in Land Lot 340, in the 12th Land District, Clinch County, Georgia, containing 4 acres, more or less, and being located on the west side of U. S. Highway 441 in said land lot, said property being the homeplace of John E. Futch, deceased, and being that property devised to him in deeds recorded at Deed Book LL, page 248, and Deed Book UU, page 240, all of the records of the office of the Clerk of Superior Court of Clinch County, Georgia.
This being the same property described in that certain Warranty Deed from Moody Jonathan Futch, As Executor of the Estate of John E. Futch, deceased, to Mary I. S. Futch, for life, with remainder at her death to M. Jonathan Futch, dated April 20, 1979 and recorded in Deed Book 3-H, page 98 in the Office of the Clerk of Superior Court of Clinch County, Georgia.
This being the same property as described in that certain Warranty Deed dated April 22, 2005, recorded in Deed Book 6E, pages 153-154 in the Office of the Clerk of Superior Court of Clinch County, Georgia
The debt secured by said Deed to Secure Debt and Note has been and is hereby declared due and payable in full because of a default in payment pursuant to the terms of said Deed to Secure Debt and Note. Notice has been given of intention to enforce provisions for collection of attorney fees and foreclosure in accordance with legal requirements and the terms of the Deed to Secure Debt and Note. The indebtedness remaining in default, the sale will be made for the purpose of applying proceeds thereof to the payment of the indebtedness secured by the Deed to Secure Debt, accrued interest and expenses of the sale and other sums secured by the Deed to Secure Debt including attorney fees, and the remainder, if any, shall be applied as provided by law.
To the best of the undersigned knowledge and belief the property is in the possession of Charles Carl Singleton and Sara Annette Singleton, said property will be sold as the property of Charles Carl Singleton and Sara Annette Singleton, subject to outstanding ad valorem taxes, street improvements, easements, restrictions and title defects of record, if any. The undersigned will execute a deed to the purchaser at said sale as provided in the Deed to Secure Debt.
Farmers & Merchants Bank
As Attorney-in-fact for
Charles Carl Singleton and Sara Annette Singleton
Chad R. Corlee
Attorney at Law
P. O. Box 393
Homerville, GA 31634
ch 8/8-8/29 (560) (#08082-1)