Notice Content
NOTICE OF SALE UNDER POWER IN DEED
TO SECURE DEBT
GEORGIA,
GWINNETT COUNTY
Because of the default in the payment of the indebtedness secured by a Deed to Secure Debt executed by Frank L. Stowe to First Piedmont Bank, dated April 29, 2008, in the original principal amount of One Hundred and Twenty Thousand and no/100 ($120,000.00) Dollars, and recorded in Deed Book 48841, Pages 0333-0338, of the records of the Clerk of the Superior Court of Gwinnett County, Georgia, the undersigned, pursuant to said deed and the note thereby secured has declared the entire amount of said indebtedness due and payable and pursuant to the power of sale contained in said deed will on the first Tuesday in April, 2016, during the legal hours of sale at the Courthouse door in Gwinnett County, 75 Langley Drive, Lawrenceville, Georgia, sell at public outcry to the highest bidder for cash the property described in said deed, to-wit:
All that tract or parcel of land lying and being in Land Lot 19 of the 6th District, Gwinnett County, Georgia, being Lot 8, Block A, of Spring Creek Farms Subdivision, as per plat thereof recorded in Plat Book 37, Page 45, Gwinnett County, Georgia Records, which recorded plat is incorporated herein by reference and made a part of this description.
Which has the property address of 3521 Spring Creek Circle, Snellville, Georgia, together with all fixtures and other personal property conveyed by said deed.
The indebtedness secured by said Deed to Secure Debt having been declared due and payable because of default in the payment of the indebtedness secured thereby, this sale will be made for the purposes of paying the same and all expenses of sale, including attorneys fees, (notice having been given as provided by law).
The property will be sold as the property of the aforesaid Grantors subject to the following: (1) all prior restrictive covenants, easements, rights-of-way or encumbrances; (2) all valid zoning ordinances; (3) matters which would be disclosed by an accurate survey of the property; (4) the outstanding ad valorem taxes and assessments, if any; (5) unpaid water and sewage bills, that constitute liens against the property, whether due and payable or not yet due and payable; (6) matters of record superior to the security deed first set out above; and (7) The Helping Families Save Their Homes Act of 2009 (H.R. 1106 or S.896).
To the best of the undersigneds knowledge and belief, the party and/or parties in possession is/are Brenda L. Stowe and/or Carol B. Stowe as Executor of the Estate of Frank L. Stowe.
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.
The undersigned will execute a deed to the purchaser at said sale as provided for in the aforementioned deed to secure debt. Said sale will divest all the right, title and interest of the maker thereof of said property and shall vest said title in the purchaser at said sale.
First American Bank & Trust as successor in interest to
First Piedmont Bank as Attorney in Fact for
Frank L. Stowe
Teresa Alexander DiPonzio
Lewis & Murphy, LLP
Attorneys for First American Bank & Trust
149 West Athens Street
Winder, Georgia 30680
(770) 867-7446
THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
950-405425, 3/10,17,24,31
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