Notice Content
STATE OF GEORGIA
COUNTY of GWINNETT
NOTICE OF SALE
UNDER POWER
By virtue of the power of sale contained in that certain Deed to Secure Debt from JERRICK AYERS to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. AS NOMINEE FOR EMBRACE HOME LOANS, INC. dated May 11, 2012, filed for record June 14, 2012, and recorded in Deed Book 51431, Page 732, GWINNETT County, Georgia Records, and as modified by that certain Loan Modification Agreement recorded in Deed Book 53598, Page 613, GWINNETT County, Georgia Records, as last transferred to EMBRACE HOME LOANS, INC. by assignment recorded in Deed Book 52257, Page 751, GWINNETT County, Georgia Records. Said Deed to Secure Debt having been given to secure a Note dated May 11, 2012 in the original principal sum of TWO HUNDRED NINETEEN THOUSAND TWO HUNDRED NINETY SIX AND 0/100 DOLLARS ($219,296.00), with interest from date at the rate stated in said Note on the unpaid balance until paid, there will be sold by the undersigned at public outcry to the highest bidder for cash before the Courthouse door at GWINNETT County, Georgia, or at such place as has or may be lawfully designated as an alternative location, within the legal hours of sale on the first Tuesday in December, 2016, the following described property:
ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN LAND LOT 130 OF THE 7TH DISTRICT OF GWINNETT COUNTY, GEORGIA, BEING LOT 3, BLOCK M OF EDGEWATER, UNIT 14, PHASE 1, AS PER PLAT THEREOF RECORDED IN PLAT BOOK 60, PAGE 201, AS REVISED IN PLAT BOOK 66, PAGE 280, GWINNETT COUNTY, GEORGIA RECORDS, WHICH PLAT IS INCORPORATED HEREIN AND MADE A PART HEREOF BY REFERENCE FOR A MORE DETAILED DESCRIPTION; AND BEING KNOW AS 2618 LAKE FOREST TRAIL, ACCORDING TO THE PRESENT SYSTEM OF NUMBERING PROPERTY IN GWINNETT COUNTY, GEORGIA.
To the best of the knowledge and belief of the undersigned, the party in possession of the property is JERRICK AYERS or a tenant or tenants. Said property may more commonly be known as: 2618 LAKE FOREST TRAIL, LAWRENCEVILLE, GA 30043.
The debt secured by said Deed to Secure Debt 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 loan is ROUNDPOINT MORTGAGE SERVICING CORPORATION, 5016 PARKWAY PLAZA BLVD, SUITE 200, CHARLOTTE, NC 28217; (877) 426-8805.
Said property will be sold subject to any outstanding ad valorem taxes (including taxes which are a lien, whether or not now due and payable), the right of redemption of any taxing authority, any matters which might be disclosed by an accurate survey and inspection of the property, any assessments, liens, encumbrances, zoning ordinances, restrictions, covenants, and matters of record superior to the Security Deed first set out above.
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. Pursuant to O.C.G.A. Section 9-13-172.1, which allows for certain procedures regarding the rescission of judicial and nonjudicial sales in the State of Georgia, the Deed Under Power and other foreclosure documents may not be provided until final confirmation and audit of the status of the loan as provided in the preceding paragraph. *Auction services to be provided by Auction.com (www.auction.com)*
EMBRACE HOME LOANS, INC.
As Attorney-in-Fact for
JERRICK AYERS
Phelan Hallinan Diamond & Jones, PLLC
11675 Great Oaks Way, Suite 375
Alpharetta, GA 30022
Telephone: 770-393-4300
Fax: 770-393-4310
PH # 30398
This law firm is acting as a debt collector. Any information obtained will be used for that purpose.
950-451886, 11/10,17,24,12/1
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