The Moultrie Observer 

Publication Name:
The Moultrie Observer

Publication URL:

Publication City and State:
Moultrie, GA

Publication County:
Colquitt

Notice Popular Keyword Category:

Notice Keywords:
sale under power

Notice Authentication Number:
201703110328486619648
3220054170

Notice URL:

Notice Publish Date:
Wednesday, March 08, 2017

Notice Content

NOTICE OF SALE UNDER POWERIN DEED TO SECURE DEBT STATE OF GEORGIACOUNTY OF COLQUITT THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. On the 28th day of October 2011, MICHAEL J. CHESTER, ("Chester") executed a Promissory Note (Note) and Deed to Secure Debt (Deed) for $142,020.00 payable to Walter Mortgage Company, conveying property described in Exhibit "A", and recorded in the Office of the Clerk of Superior Court of Colquitt County, Georgia, in Deed Book 1121, pages 0526-0529. Said Note and Deed were subsequently assigned to U. S. Bank, N. A., as trustee for Mid-Sate Capital Trust 2005-1, as servicer with delegated authority, by assignment dated January 12, 2017, and recorded in aforesaid Clerks Office. Default has been made in the installment payments due for May 2016 and all payments subsequent thereto. U. S. Bank, N. A., as trustee for Mid-Sate Capital Trust 2005-1, as servicer with delegated authority, declared the entire unpaid indebtedness due and payable in accordance with the terms of said Note, and the same has not been paid. The Deed provides that when the Note secured thereby becomes due and is not paid, that said property may be sold before the Courthouse door of Colquitt County, Georgia, upon U. S. Bank, N. A., as trustee for Mid-Sate Capital Trust 2005-1, as servicer with delegated authority, 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 Colquitt County, Georgia, at public outcry on the first Tuesday in April 2017, between the legal hours of sale. U. S. Bank, N. A., as trustee for Mid-Sate Capital Trust 2005-1, as servicer with delegated authority, will convey title to the purchaser as attorney-in-fact for Chester. The money derived from the sale will be applied: first to the expenses of said sale; secondly, to the amount due on said Note; and the balance, if any, shall be paid to Chester. 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 4th day of April 2017. U. S. Bank, N. A., as trustee for Mid-Sate Capital Trust 2005-1, as servicer with delegated authority as Attorney in Fact for Michael J. Chester DUNSTAN, CLEARY & WEST, LLP1223 George C. Wilson DriveAugusta, Georgia 30909(706)860-9995State Bar No. 129754 EXHIBIT "A" All that tract or parcel of land lying and being in Land Lot #483 9th Land District of Colquitt County, Georgia and being more particularly described as follows: To obtain the point of beginning commence at the East right of way of Perry Road (80'R/W) with the North right of way of Chapman Road (80'R/W) thence travel South 86o 37' 06" East 475.09 feet along the North right of way of Chapman Road to the POINT OF BEGINNING, and from this point travel North 28o 04' 39' East 280.39 feet to a point, thence travel North 28o 31' 10" West 173.45 feet to a point, thence South 89o 10' 40" East 270.50 feet to a point, thence travel South 08o 40' 32" West 415.85 feet to a point of the North right of way line of Chapman Road, thence travel along the North right of way North 86o 37' 06" West 257.35 feet to the POINT OF BEGINNING. Said tract of land containing 2.00 acres and prepared for Danny L. Bivins by Sunbelt Surveyors dated March 31, 2005. 001130263/8,15,22,29/17