By virtue of the Power of Sale contained in the Deed to Secure Debt from MARK S. POSTLETHWAIT to FNB South, dated December 30, 2003 recorded in Deed Book 385, pages 244-250, Clerk's Office, Appling County, Georgia, there will be sold by the undersigned at public outcry to the highest bidder for cash before the courthouse door at Appling County, Georgia, within the legal hours of sale on the first Tuesday in May, 2012, the following described property:
All that tract or parcel of land lying and being in Land Lot No. 332 of the Second Land District of Appling County, Georgia, in the City of Baxley, consisting of 2.811 acres, more or less and being more particularly described on that certain survey and plat thereof prepared by Merlin J. Tomberlin, GRLS No. 2477, dated November 18, 2003, recorded in Plat Book 16, Page 480, in the Office of the Clerk of Superior Court of Appling County, Georgia, incorporated herein for all purposes.
This being a portion of the property conveyed to B.W. Sapp and James Lott by deed from Clint's Outerwear, Inc. dated April 11, 1996 recorded in Deed Book 292, Page 388, in the Office of the Clerk of Superior Court of Appling County, Georgia.
Property address: 75 Industrial Drive, Baxley, GA 31513
Map and Parcel # D004-041
Said Deed to Secure Debt having been given to secure a note dated December 30, 2003 in the original principal amount of $360,168.00 with interest from date at the rate as specified therein with interest from date at the rate as specified therein.
The debt secured by said Deed to Secure Debt has been and is hereby declared due because of among other possible events of default, failure to pay in accordance with the terms of said notes. The debt remaining in default, this sale will be made for the purpose of paying the same and all expenses of the sale, including attorney's fees.
To the best of the undersigned(s knowledge, the party in possession of the subject property is: Mark Postlethwait
The above described property will be sold subject to unpaid state, county and city taxes to the highest bidder for cash and the proceeds will be applied to said indebtedness and the lawful expenses of said sale as provided in said security deed and a conveyance will be made to the purchaser at the sale as authorized by said security deed.
Debtor should contact FNB South, P.O. Box Drawer 2028, Alma, 31510 Georgia, phone # 912-632-7262, as to any negotiations, amendments or modification of the above stated Note.
This the 28th day of March, 2012.
FNB South as
Attorney-in-Fact for Mark Postlethwait
P.O. Box 2028
Alma, GA 31510
Attorney at Law
P. O. Box 1005
Douglas, GA 3l534
4-4, 4-11, 4-18 & 4-25ch
Display comments as (Linear | Threaded)