Notice Content
NOTICE OF SALE
UNDER POWER,
GWINNETT COUNTY
Pursuant to the Power of Sale contained in a Security Deed given by Maria Hounchell and Neil Hounchell to Mortgage Electronic Registration Systems, Inc. as a nominee for Home Funds Direct dated 3/15/2007 and recorded in Deed Book 47795 Page 193 Gwinnett County, Georgia records; as last transferred to or acquired by Deutsche Bank National Trust Company, as Trustee for Morgan Stanley Structured Trust I 2007-1 Asset-Backed Certificates, 2007-1, conveying the after-described property to secure a Note in the original principal amount of $ 136,000.00, with interest at the rate specified therein, there will be sold by the undersigned at public outcry to the highest bidder for cash before the Courthouse door of Gwinnett County, Georgia (or such other area as designated by Order of the Superior Court of said county), within the legal hours of sale on August 01, 2017 (being the first Tuesday of said month unless said date falls on a Federal Holiday, in which case being the first Wednesday of said month), the following described property:
ALL THAT PARCEL OF LAND IN BOROUGH OF, GWINNETT COUNTY, STATE OF GEORGIA, AS MORE FULLY DESCRIBED IN DEED BOOK 41424, PAGE 212, ID# R5129 309, BEING KNOWN AND DESIGNATED AS LOT 35, BLOCK A, FOXBURY COMMONS, LAND LOT 129, 5TH DISTRICT FILED IN PLAT BOOK 62, PAGE 295. BY FEE SIMPLE DEED FROM MARIA HOUNCHELL AS SET FORTH IN DEED BOOK 41424, PAGE 212 DATED 12/15/04 AND RECORDED 1/24/2005, GWINNETT COUNTY RECORDS, STATE OF GEORGIA. AND DEED FROM ROSEBUD DEVELOPEMENT CO., INC. TO MARIA HOUNCHELL AS SET FORTH IN BOOK 11876, PAGE 210 DATED 10/13/1995 AND RECORDED 10/20/1995
THIS MORTGAGE IS REFINANCING A MORTGAGE TO THE SAME ORIGINAL LENDER LOCATED IN BOOK 41424, PAGE 212 WITH THE UNPAID PRINCIPAL BALANCE OF 94,859.97 INTANGIBLE TAX ON THIS MORTGAGE IS BEING CALCULATED OFF OF THE AMOUNT OF NEW MONEY BEING FINANCED WITH IS 136,000.00.
The debt secured by said Security Deed has been and is hereby declared due because of, among other possible events of default, failure to pay the indebtedness as and when due and in the manner provided in the Note and Security Deed. The debt remaining in default, this sale will be made for the purpose of paying the same and all expenses of this sale, as provided in the Security Deed and by law, including attorneys fees (notice of intent to collect attorneys fees having been given).
Said property is commonly known as 220 Fox Run, Loganville, GA 30052 together with all fixtures and personal property attached to and constituting a part of said property, if any. To the best knowledge and belief of the undersigned, the party (or parties) in possession of the subject property is (are): Neil Hounchell and Maria Hounchell or tenant or tenants.
Ocwen Loan Servicing, LLC is the entity or individual designated who shall have full authority to negotiate, amend and modify all terms of the mortgage.
Ocwen Loan Servicing, LLC
Foreclosure Loss Mitigation
1661 Worthington Road
Suite 100
West Palm Beach, FL 33409
1-877-596-8580
Note, however, that such entity or individual is not required by law to negotiate, amend or modify the terms of the loan.
Said property will be sold subject to: (a) any outstanding ad valorem taxes (including taxes which are a lien, but not yet due and payable), (b) unpaid water or sewage bills that constitute a lien against the property whether due and payable or not yet due and payable and which may not be of record, (c) the right of redemption of any taxing authority, (d) any matters which might be disclosed by an accurate survey and inspection of the property, and (e) 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 to (1) confirmation that the sale is not prohibited under the U.S. Bankruptcy Code; and (2) 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 non-judicial 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 immediately above.
Deutsche Bank National Trust Company, as Trustee for Morgan Stanley Structured Trust I 2007-1 Asset-Backed Certificates, 2007-1 as agent and Attorney in Fact for Maria Hounchell and Neil Hounchell
Aldridge Pite, LLP, 15 Piedmont Center, 3575 Piedmont Road, N.E., Suite 500, Atlanta, Georgia 30305, (404) 994-7637.
1017-686A
THIS LAW FIRM MAY BE ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. 1017-686A
950-495138, 7/5,12,19,26
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