Notice Content
NOTICE OF SALE UNDER
POWER IN DEED TO SECURE DEBT
STATE OF GEORGIA
COUNTY OF GILMER
Under and by virtue of the Power of Sale in a certain Deed to Secure Debt and Assignment of Rents from JOEL D. STILLWELL DBA STILLWELL FARM to COMMUNITY BANK OF PICKENS COUNTY, Grantee, dated October 15, 2010, recorded in Deed Book 1636, pages 332-344; as re-recorded to correct legal in Deed Book 1678, pages 476-488, Gilmer County, Georgia Records, said Deed to Secure Debt having been given to secure a Promissory Note dated October 15, 2010, in the principal amount of $1,081,000.00, AND a Promissory Note dated August 6, 2014 in the principal amount of $130,000.00, there will be sold by the undersigned at public outcry, during the legal hours of sale before the door of the Courthouse of Gilmer County, Georgia, or at such other location as established by O.C.G.A. Section 9-13-161(c), on the first Tuesday in June, 2015, to-wit, June 2, 2015, to the highest and best bidder for cash, the following described property:
TRACT ONE:
ALL THAT TRACT or parcel of land lying and being in Land Lot 5 of the 11th District and 2nd Section of Gilmer County, Georgia, containing 24.7 acres, as per plat made by A. J. Davis, Sr., County Surveyor of Gilmer County, Georgia, dated January, 1967, and recorded in Plat Book 2, page 178, Gilmer County Records, with reference made thereto for the purpose of incorporation same, including all improvements located thereon.
TRACT TWO:
ALL THAT TRACT or parcel of land lying and being in Land Lots 320 and 321 of the 10th District, 2nd Section of Gilmer County, Georgia, consisting of 24.61 acres as shown on plat of survey for Joel D. Stillwell dated March 19, 2002, by Joel Jordan, Georgia Registered Land Surveyor No. 2430, recorded in Plat Book 38, page 165, Gilmer County Records, with reference made thereto for the purpose of incorporating the same.
ALSO:
ALL THAT TRACT or parcel of land lying and being in Land Lot 321 of the 10th District, 2nd Section of Gilmer County, Georgia, consisting of 0.26 acres as shown on plat of survey for Joel D. Stillwell, Community Bank of Pickens County & Stewart Title Guaranty Company dated March 19, 2002, revised October 12, 2010, by Cherrylog Survey Co., Inc., Joel Jordan, GRLS 2430, which plat is incorporated herein for a more complete description, and being more particularly described as follows:
BEGINNING at the point common to Land Lots 4, 5, 320 and 321, travel along the land lot line which separates Land Lots 4 and 321, North 90 degrees 00 minutes 00 seconds West 155.00 feet to a point; thence leaving said land lot line North 00 degrees 37 minutes 04 seconds East 144.42 feet to a point; thence South 46 degrees 44 minutes 15 seconds East 210.71 feet to the point common to Land Lots 4,5, 320 and 321 and the point of beginning.
The debt secured by said Deed to Secure Debt and Notes has been and is hereby declared due and payable in full because of non-payment pursuant to the terms of said Deed to Secure Debt and Notes. Notice has been given of intention to enforce provisions for collection of attorney's fees and foreclosure in accordance with legal requirements and the terms of the Deed to Secure Debt and Notes. 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 the Deed to Secure Debt, and expenses of the sale and other sums secured by the Deed to Secure Debt, including attorney's fees, and the remainder, if any, shall be applied as provided by law.
To the best of the undersigned's knowledge and belief, the property is in the possession of JOEL D. STILLWELL and the property will be sold as the property of JOEL D. STILLWELL subject to outstanding ad valorem taxes, street improvements, and easements or restrictions of record, if any. Said property is more commonly known as 560 Stillwell Road, Ellijay, Georgia 30540 and 1960 Harold Pritchett Road, Ellijay, GA 30540. The undersigned will execute a deed to the purchaser at said sale as provided by the Deed to Secure Debt.
COMMUNITY BANK OF PICKENS COUNTY
as Attorney-in-fact for JOEL D. STILLWELL DBA STILLWELL FARM
Phil M. Landrum, III
LANDRUM & LANDRUM
95 Stegall Drive
P. O. Box 400
Jasper, GA 30143
(706) 692-6464
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