The Augusta Chronicle 

Publication Name:
The Augusta Chronicle

Publication URL:

Publication City and State:
Augusta, GA

Publication County:
Richmond

Notice Popular Keyword Category:

Notice Keywords:
sale under power

Notice Authentication Number:
201512260806505892854
3220054170

Notice URL:

Notice Publish Date:
Thursday, December 24, 2015

Notice Content

STATE OF GEORGIA COUNTY OF RICHMOND NOTICE OF SALE UNDER POWER IN DEED TO SECURE DEBT THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. On July 27, 2012, MICHAEL S. STIERWALT, ("Stierwalt"), executed a Renewal Note ("Note") in the original principal sum of $85,635.90, secured by a Deed to Secure Debt and Assignment of Rents ("Deed") dated August 18, 2006, payable to Georgia Bank & Trust Company Bank of Augusta ("Georgia Bank"), conveying property described in Exhibit "A" attached, and recorded in the Office of the Clerk of Superior Court of Richmond County, Georgia, in Book 01074, page 1280, and a Modification of Deed to Secure Debt ("Modification") dated July 27, 2012, and recorded in aforesaid Clerk's Office in Deed Book 01355, page 0563. Default has been made in the payment of installments on the Note. Georgia Bank declared the entire unpaid indebtedness due and payable in accordance with the terms of the Note and the same has not been paid. The Deed and Modification provide that when the Note secured thereby becomes due and is not paid, that said property may be sold before the Courthouse door of Richmond County, Georgia, upon Georgia Bank first giving notice of the place and terms of such sale (1) time a week for (4) weeks in the newspaper in which the Sheriff's advertisements are published, and where said property is located. NOW THEREFORE, pursuant to the powers contained therein, the property will be sold before the Courthouse door in Richmond County, Georgia, at public outcry on the first Tuesday in January 2016 between the legal hours of sale. Georgia Bank will convey title to the purchaser as attorney-in-fact for Stierwalt. The money derived from the sale will be applied: first to the expenses of said sale; secondly, to the amount due on said Notes; and the balance, if any, shall be paid to Stierwalt. TERMS: Cash, subject to State and County ad valorem taxes or assessment and any federal tax liens of record. Purchaser is to pay for all legal papers and revenue stamps. This 6th day of January 2016. GEORGIA BANK & TRUST COMPANY OF AUGUSTA AS ATTORNEY-IN-FACT FOR MICHAEL S. STIERWALT Dunstan, Cleary & West, LLP 1223 George C. Wilson Drive Augusta, Georgia 30909 706-860-9995 State Bar No. 129754 EXHIBIT "A" All that lot or parcel of land, with improvements thereon, situate lying and being in Richmond County, Georgia, being known and designated as Lot 6, Block E, on a plat of Beverly Heights Subdivision recorded In the Office of the Clerk of the Superior Court of Richmond County, Georgia, in Realty Book 29-U, Page 717; specific reference being made to said plat for a more complete and accurate description of said property, its metes, bounds and locations. Said property is known as 3111 Parrish Road, Augusta, GA 30907, together with all fixtures and Personal property attached to and constituting a part of said property, if any. December 10, 17, 24, 31, 2015 Ad #16771438