The Newnan Times-Herald 

Publication Name:
The Newnan Times-Herald

Publication URL:

Publication City and State:
Newnan, GA

Publication County:
Coweta

Notice Popular Keyword Category:

Notice Keywords:
sale under power

Notice Authentication Number:
201506091535326932659
3220054170

Notice URL:

Notice Publish Date:
Thursday, May 28, 2015

Notice Content

CLASS:007 NOTICE OF SALE UNDER POWER STATE OF GEORGIA COUNTY OF COWETA Because of a default in the payment of the indebtedness secured by that certain Security Deed, dated October 31, 2008, executed by Karlotta D. Alford to Mortgage Electronic Registration Systems, Inc. as nominee for Colonial Bank, recorded in Deed Book 3398, Page 579, Coweta County, Georgia Deed Records, as modified by that certain Loan Modification Agreement, dated June 8, 2012, and recorded in Deed Book 3845, Page 191, Coweta County, Georgia Deed Records, and re-recorded in Deed Book 3860, Page 551, Coweta County, Georgia Deed Records, and securing a Note in the original principal amount of $79,764.00, said Security Deed last having been assigned to CENTRAL MORTGAGE COMPANY, the current holder thereof, has declared the entire amount of said indebtedness evidenced by the Note immediately due and payable and, pursuant to the power of sale contained in said Security Deed, will, on the first Tuesday in June, 2015 to-wit: June 2, 2015, during the legal hours of sale, before the Coweta County Courthouse door, sell at public outcry to the highest bidder for cash, the following described real property: All that tract or parcel of land lying and being in the City of Newnan, Coweta County, Georgia, beginning at the intersection of the westerly side of Hill Street with the southerly side of Linda Street or Alley and run thence southerly along the westerly side of Hill Street 60 feet, more or less, to an aluminum pin; thence south 89 degrees 30 minutes west, along an old hedgerow and turnrow, 75 feet, more or less; thence northerly 60 feet, more or less, to the southerly side of Linda Street or Alley; thence easterly along the southerly side of Linda Street or Alley 75 feet, more or less, to the beginning point. Bound on the east by Hill Street, on north by Linda Street or Alley; on the west by an unknown owner and on the south by property formerly of Wilbert Gay, now of McCauley and Stepp. The aforedescribed real property is also known as 19 Hill Street, Newnan, GA 30263, according to the present system of numbering houses in Coweta County, Georgia. This 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 as to the amount and status of the loan with the holder of the Security Deed, including but not limited to, a determination that the borrower has not reinstated the loan prior to the foreclosure sale. The name, address and telephone number of the individual or entity with full authority to negotiate, amend and modify all terms of the Note and Security Deed is Central Mortgage Company, Attn: Homeowner's Assistance Department, 801 John Barrow Road, Suite 1, Little Rock, AR 72205. The telephone number is 1-800-366-2132, Option 1, ext. 5609. Said real property will be sold subject to any outstanding ad valorem taxes (including taxes which are a lien, but not yet 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 real property, any assessments, liens, encumbrances, zoning ordinances, restrictions, covenants, and matters of record superior to the Security Deed first set out above. To the extent that said real property is comprised of more than one parcel, said real property will be sold in one or more parcels and in such order as the holder of the Security Deed may determine. Upon information and belief, said real property is presently in the possession or control of Karlotta D. Alford and the proceeds of said sale will be applied to the payment of said indebtedness and all the expenses of said sale, including attorney's fees, all as provided in said Security Deed and the excess proceeds, if any, will be distributed as provided by law. CENTRAL MORTGAGE COMPANY as Attorney-in-Fact for KARLOTTA D. ALFORD Ellis, Painter, Ratterree & Adams LLP 2 East Bryan Street, 10th Floor Savannah, Georgia 31401 (912) 233-9700 THIS LAW FIRM MAY BE ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. No.62144-5-7-14-21-28