WM8014 NOTICE OF SALE UNDER POWER GEORGIA, WALKER COUNTY THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
WM8014<br /><br />NOTICE OF SALE UNDER POWER GEORGIA, WALKER COUNTY<br /><br />THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. Under and by virtue of the Power of Sale contained in a Security Deed given by Timothy R. Madaris and Tammy R. Madaris to AmSouth Bank, dated May 16, 2003, recorded in Deed Book 1167, Page 3, Walker County, Georgia Records, as last transferred to Chase Manhattan Mortgage Corporation by assignment recorded in Deed Book 1302, Page 538, Walker County, Georgia Records,conveying the after-described property to secure a Note in the original principal amount of ONE HUNDRED SIXTY-ONE THOUSAND TWENTY-FIVE AND 0/100 DOLLARS ($161,025.00), with interest thereon as set forth therein, there will be sold at public outcry to the highest bidder for cash before the courthouse door of Walker County, Georgia within the legal hours of sale on the first Wednesday in January, 2013, the following described property:All that tract or parcel of land situated, lying and being in Land Lot 265 in the 8th District and 4th Section of Walker County, Georgia, being more particularly described as follows: Beginning at an angle iron set in the North right of way line of Lake Howard Road, said beginning point being South 88 degrees 47 minutes 04 seconds West, a distance of 1,614.04 feet as measured along the North line of said road from its intersection with the East line of Land Lot 265; thence from said beginning point South 88 degrees 47 minutes 04 seconds West with the North right of way line of Lake Howard Road, a distance of 30.00 feet to an angle iron set; thence North 02 degrees 07 minutes 42 seconds West, a distance of 412.62 feet to an angle iron set; thence North 86 degrees 20 minutes 33 seconds West, a distance of 606.63 feet to an angle iron set in the Easterly line of Queen City Lake; thence with the Easterly line of the lake North 16 degrees 21 minutes 41 seconds East, a distance of 287.71 feet to an angle iron; thence South 76 degrees 47 minutes 50 seconds East, a distance 573.00 feet to an angle iron set; thence South 02 degrees 07 minutes 42 seconds East, a distance of 596.65 feet to a point on the North right of way line of Lake Howard Road, said point being the point of beginning, being known as Tract No. 3 of the James E. Patton Property, containing 3.55 acres, more or less, as shown on the survey plat for Potts Brothers Auction, dated September 16, 1998, revised October 9, 1998 by Charles D. Wardlaw, Georgia Registered Land Surveyor No. 1588. Being the same property as conveyed by Deed recorded in Deed Book 1115, Page 641, in the Office of the Clerk of the Superior Court of Walker County, Georgia. Subject to restrictions recorded in Deed Book 894, page 462, in the Office of the Clerk of the Superior Court of Walker County, 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 Security Deed and by law, including attorney s fees (notice of intent to collect attorney s fees having been given). JPMorgan Chase Bank, National Association holds the Note and Security Deed to the above-referenced property and services the above-referenced loan on behalf of the current owner of the loan: Federal National Mortgage Association ( Fannie Mae ). JPMorgan Chase Bank, National Association can be contacted at 800-446-8939 or by writing to 3415 Vision Drive, Columbus, OH 43219, to discuss possible alternatives to foreclosure, and has the authority to negotiate, amend or modify the terms of the loan. Said property will be sold subject to any outstanding ad valorem taxes (including taxes which are a lien, but not yet due and payable), any matters which might be disclosed by an accurate survey and inspection of the property, any assessments, liens, encumbrances, zoning ordinances, restrictions, covenants, and matters of record superior to the Security Deed first set out above. To the best knowledge and belief of the undersigned, the party in possession of the property is Timothy R. Madaris and Tammy R. Madaris or a tenant or tenants and said property is more commonly known as 1069 Lake Howard Rd, Lafayette, Georgia 30728. The sale will be conducted subject (1) to confirmation that the sale is not prohibited under the U.S. Bankruptcy Code and (2) to final confirmation and audit of the status of the loan with the holder of the security deed. JPMorgan Chase Bank, N.A.., Successor By Merger Chase Home Finance LLC, Successor By Merger to Chase Manhattan Mortgage Corporation as Attorney in Fact for Timothy R. Madaris and Tammy R. Madaris Johnson & Freedman, LLC 1587 Northeast Expressway Atlanta, Georgia 30329 (770) 234-9181 www.jflegal.com MSP/rat 1/2/13 Our file no. 116812-FT20<br /><br />wm12/5,12,19,26