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HS Foreclosures
NOTICE OF SALE GEORGIA, LIBERTY COUNTY. By virtue of a power of sale contained in that certain Deed to Secure Debt from SAI SAGAR CORPORATION to COLONY BANK, dated November 21, 2008, and recorded in Deed Book 1561, Page 709 et seq., in the Office of the Clerk of Superior Court of Liberty County, Georgia, said Deed to Secure Debt having originally been given to secure that certain Promissory Note in the original principal amount of ONE MILLION FOUR HUNDRED SEVENTY-FOUR THOUSAND SEVEN HUNDRED FIFTY and NO/100 DOLLARS ($1,474,750.00) of even date therewith, as well as all extensions, renewals and modifications thereof, together with any and all other indebtedness, of any type or description, then or thereafter owing by SAI SAGAR CORPORATION to COLONY BANK, there will be sold by the undersigned, at public outcry, to the highest bidder for cash, before the courthouse door at Hinesville, Liberty County, Georgia, within the legal hours of sale on the first Tuesday in September, 2015, the following described property: Tract One 1.020 acres, more or lessAll that certain lot, tract or parcel of land lying and situate in the 1476th G. M. District of Liberty County, Georgia, and being known and designated as Parcel "A", containing1.020 acres, more or less, as shown and represented on that certain plat of survey made and prepared by C. E. Williams, Georgia Registered Land Surveyor Number 1565, dated October 19, 1987, and recorded in Plat Section E-65, Page 1, in the Office of the Clerk of Superior Court of Liberty County, Georgia, said plat by specific reference is made a part hereof for descriptive and all other purposes. Said lot of land being bounded, now or formerly, as follows: Northeasterly by the right of way of Pate Rogers Road; Southeasterly by the right of way of S. R. 196; Southwesterly by Parcel "B", containing 1.020 acres, more or less; and Northwesterly by the lands of Bonnie Robertson, all as shown on the above referred to plat of survey.This property is the same as described in that certain General Warranty Deed from Patrick D. Bowen, a/k/a Pat Bowen and David A. Rogers, a/k/a David Rogers to Rajendra M. Patel, dated September 11, 2007 and recorded in Deed Book 1491, Page 411 in the Office of the Clerk of Superior Court of Liberty County, Georgia.LESS AND EXCEPTED from the above tract of land is that certain acreage acquired by Georgia Department of Transportation by virtue of that certain Order and Judgment, dated April 26, 2006 and recorded in Deed Book 1386, Pages 580-584, in the Office of the Clerk of Superior Court of Liberty County, Georgia.Tract Two 1.00 acres, more or lessAll that certain lot, tract or parcel of land lying and situate in the 1476th G. M. District of Liberty County, Georgia containing 1.0 acre, more or less, and being described in metes and bounds as follows: commencing at the intersection fo the Southerly right-of-way line of Pate Rogers Road, a county maintained road having an 80 foot right-of-way, where same intersects the Northerly right-of-way line of State Route 196, a State highway having a 100 foot right-of-way, thence North 33 degrees, 24 minutes, 00 seconds West a distance of 210.35 feet to an iron pin, the POINT OF BEGINNING; thence along the Westerly right-of-way line of the aforesaid Pate Rogers Road; north 33 degrees, 24 minutes, 00 seconds East a distance of 180 feet to a point, situated on the aforesaid right-of-way line thence South 48 degrees, 00 minutes, 00 seconds West a distance of 244.75 feet to a point; thence South 33 degrees, 24 minutes, 00 seconds East to a point; thence North 48 degrees, 00 minutes, 00 seconds East a distance of 244.75 feet to an iron pin; THE POINT OF BEGINNING.The within described property is bounded formerly as follows: Northerly by lands of Bonnie Robertson and Pate Rogers Road, Easterly by Pate Rogers Road, lands of Leonard Dykes, Barry Wilkes and lands of Bonnie Robertson; Southerly by lands of Bonnie Robertson Leonard Dykes and Barry Wilkes and Westerly by lands of Bonnie Robertson. This property is the same as described in that certain General Warranty Deed from Patrick D. Bowen, a/k/a Pat Bowen and David A. Rogers, a/k/a David Rogers to Rajendra M. Patel, dated September 11, 2007 and recorded in Deed Book 1491, Page 411 in the Office of the Clerk of Superior Court of Liberty County, Georgia. The indebtedness secured by the aforementioned Deed to Secure Debt has been and is hereby declared immediately due and payable in full because of the failure of SAI SAGAR CORPORATION to maintain payments upon said indebtedness owing to the COLONY BANK in accordance with its terms. Said indebtedness remaining in default, this sale shall be made for the purpose of paying such indebtedness, as well as all expenses of this sale, including attorneys' fees. The above-described property will be sold as the property of SAI SAGAR CORPORATION and will be sold subject to the following items which may affect the title to said property: all zoning and subdivision ordinances and/or regulations; matters which would be disclosed by an accurate survey or an inspection of the property; all real property ad valorem taxes or assessments, which may constitute liens upon said property; all liens which, under applicable law, would take priority over the Deed to Secure Debt described above; and all easements, restrictions, rights-of-way, security deeds or other encumbrances of record which have priority over the referenced Deed to Secure Debt. To the best of the knowledge and belief of the undersigned, the party presently in possession of said property is SAI SAGAR CORPORATION, and/or a tenant or tenants. Please be further advised that the entity which has full authority to negotiate, amend and modify all terms of your Notes, Security Deed, and related documents, is: Colony Bank 115 South Grant Street Fitzgerald, Georgia 31750 Tel: (229) 426-6000 ATTN: Lee Bagwell Please note, however, that such entity or individual is not required by law to negotiate, amend or modify the terms of such loan. THIS LAW FIRM IS ATTEMPTING TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. COLONY BANK, as Attorney-in-Fact for SAI SAGAR CORPORATION MOORE, CLARKE, DuVALL & RODGERS, P.C. /s/ D. BRADLEY FOLSOM D. BRADLEY FOLSOM Attorneys for COLONY BANK Post Office Box 4540 Valdosta, Georgia 31604-4540 (229) 245-7823 40406 12/9,16,23,30
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