Notice Content
NOTICE OF SALE
UNDER POWER
STATE OF GEORGIA
COUNTY OF GWINNETT
THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
Under and by virtue of the Power of Sale contained in that certain Security Deed (Deed) from JI HYE LIM (Debtor) to NOA Bank dated June 15, 2015, filed for record on June 24, 2015, and recorded in Deed Book 53643, Page 788, Gwinnett County, Georgia Records, said Deed having been given to secure a Guaranty Agreement and Promissory Note (Loan), dated June 15, 2015 with an original principal amount of ONE HUNDRED THOUSAND DOLLARS and ZERO CENT ($100,000.00), with interest from date at the rate stated in said Agreement of the unpaid balance until paid, there will be sold by the undersigned at public outcry to the highest bidder for cash or certified funds before the Courthouse door of Gwinnett County, Georgia located at 75 Langley Drive, Lawrenceville, Georgia 30046 within the legal houses of sale on the first Tuesday in August, 2016 (August 2, 2016), the property commonly known as 4763 Highland Avenue, Sugar Hill, Georgia 30518 and more specifically described as all that tract or parcel of land, together with all improvements thereon lying and being in Land Lot 272, 7th District, Gwinnett County, Georgia, and being Lot 3 of Mossy Oak Townhomes, containing 0.13 acres, more or less, as shown on Plat of Survey recorded on October 29, 2008, in Plat Book 125, Page 11, Gwinnett County, Georgia Records, which said Plat is incorporated herein and made a part hereby by reference (Property).
The debt secured by said Deed has been and is hereby declared due because of, among other possible events of default, non-payment of the monthly installments on said Loan. The debt remaining in default, this sale will be made for the purpose of paying the same and all expenses of this sale, including attorneys fees. (Notice of intent to collect attorneys fees having been given).
The individual or entity that has full authority to negotiate, amend, and modify all terms of the mortgage with the Debtor is NOA Bank, 2400 Pleasant Hill Road, Suite 340, Duluth, Georgia 30096 Attn: Mr. James Rath, Telephone: (678) 385-0826. Please understand that the secured creditor is not required to negotiate, amend, or modify the terms of the mortgage instrument.
This sale will be conducted subject to: (1) confirmation that the sale is not prohibited under the U.S. Bankruptcy Code; (2) final confirmation and audit of the status of the loan with the holder of the Deed; (3) all outstanding taxes (including ad valorem) and assessments, and any additional taxes which result from a reassessment of the Property; (4) riparian rights incident to the Property; (5) rights of tenants in possession, as tenants only, under unrecorded leases, without purchase of rights of first refusal; (6) all valid zoning ordinances; and (7) all other, if any, easements, limitations, reservations, covenants, restrictions, deeds to secure debt, liens and other encumbrances and matters of public records to which the Deed is junior and subordinate in terms of priority under the laws of the State of Georgia, if any. The Property will be sold on an as is, where is basis and without representation or warranty of any kind or nature whatsoever with respect thereto.
To the best knowledge and belief of the undersigned, the party in possession of the Property is Ji Hye Lim and Jaejin Lim.
NOA BANK
As Attorney-in-Fact for Jin Hye Lim
WARGO FRENCH, LLP
999 Peachtree Street, NE
26th Floor
Atlanta, Georgia 30309
Attn: Todd N. Robinson, Esq.
(404) 853-1500
950-424555, 7/7,14,21,28
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