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Notice Publish Date:
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Tuesday, June 14, 2016
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Notice Content
NOTICE OF SALE UNDER POWER GEORGIA, GLYNN COUNTY By virtue of the power of sale contained in the Deed to Secure Debt (Security Deed)from Coastal Realty Investments, Inc. dated April 16, 2008, recorded in the public records of Glynn County, Georgia, at Deed Book 2420, Page 83, given to secure a Note dated April 15, 2008, in the original principal amount of $1,133,167.25 and all subsequent renewals thereof, there will be sold by the undersigned at public outcry, during the legal hours of sale before the Courthouse door of Glynn County, Georgia, on the first Tuesday in July, 2016, to the highest and best bidder for cash, the following described property: All of that certain lot, tract or parcel of land situate, lying and being in Glynn County, Georgia, and in that certain subdivision therein known as PICRIC PARK SUBDIVISION, PHASE ONE and being further shown upon a plat of survey prepared by Ralph E. Lackey and Associates and signed by Ralph E. Lackey GLRS No. 1635, dated November 5, 1993, and recorded in the Office of the Clerk of Superior Court in Plat Drawer #22, map #287, AS ALL OF LOT ONE (1) AND TWO (2) PICRIC PARK SUBDIVISION. The debt secured by said Security Deed has matured and has not been paid. The indebtedness remaining in default, the sale will be made for the purpose of applying proceeds thereof to the payment of the indebtedness secured by said Security Deed, accrued interest and expenses of the sale, including attorney's fees. To the best of the undersigned's knowledge and belief the property is in the possession of Coastal Realty Investments, Inc., and said property will be sold as its property, subject to any outstanding ad valorem taxes, assessments, and liens or interests superior to the Security Deed first set out above. The undersigned will execute a deed to the purchaser at said sale as provided in said Security Deed. Bank of the Ozarks, as successor in interest to Oglethorpe Bank by assignment from the Federal Deposit Insurance Corporation as receiver for Oglethorpe Bank, as attorney-in-fact for Coastal Realty Investments, Inc. THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. Jason M. Tate Roberts Tate, P.C. 2487 Demere Road, Suite 400 Post Office Box 21828 St. Simons Island, Georgia 31522 (912) 638-5200
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