Details for MORTGAGE FORECLOSURE SALE

Updated

MORTGAGE FORECLOSURE SALE Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Gerald Tyrone Edwards, a married man and Tracy C. Edwards, a married woman, originally in favor of Mortgage Electronic Registration Systems, Inc., as nominee for MortgageAmerica, Inc., on the 22nd day of October, 2010, said mortgage recorded in the Office of the Judge of Probate of Calhoun County, Alabama, in Mortgage Book 4599 Page 550; the undersigned Wells Fargo Bank, N.A., as Mortgagee/Transferee, under and by virtue of the power of sale contained in said mortgage, will sell at public outcry to the highest bidder for cash, in front of the main entrance of the Courthouse at Anniston, Calhoun County, Alabama, on March 7, 2017, during the legal hours of sale, all of its right, title, and interest in and to the following described real estate, situated in Calhoun County, Alabama, to-wit: Part of Lots 16, & 17, Alexandria Valley Estates, as recorded in Plat Book Z, Page 51, in the Probate Office of Calhoun County, Alabama, said parcel being more particularly described, in total as follows: Beginning at a 3/8 inch rod at the Northeast corner of said Lot 12; thence due South along the East line of Lots 12, 16 & 17 a distance of 248.99 feet to a 1 inch pipe at the Southeast corner of Lots 17; thence South 61 degrees 20 minutes 28 seconds West along the South line of said Lot 41.93 feet to a capped rebar and the true point of beginning of the hereafter described parcel; thence North 16 degrees 39 minutes 17 seconds West 148.06 feet to a capped rebar; thence South 81 degrees 53 minutes 36 seconds West 163.28 to a capped rebar on the observed East Right of Way line of Valley Drive; thence South 06 degrees 41 minutes 36 seconds West along said ROW line 247.76 feet to an axle at the Southwest corner of said Lot 17; thence North 61 degrees 21 minutes 15 seconds East along the South line of said lot and leaving said East ROW line 265.43 feet to the true point of beginning. Property street address for informational purposes: 85 Melanie Lane, Alexandria, AL 36250 THIS PROPERTY WILL BE SOLD ON AN "AS IS, WHERE IS" BASIS, SUBJECT TO ANY EASEMENTS, ENCUMBRANCES, AND EXCEPTIONS REFLECTED IN THE MORTGAGE AND THOSE CONTAINED IN THE RECORDS OF THE OFFICE OF THE JUDGE OF PROBATE OF THE COUNTY WHERE THE ABOVE-DESCRIBED PROPERTY IS SITUATED. THIS PROPERTY WILL BE SOLD WITHOUT WARRANTY OR RECOURSE, EXPRESSED OR IMPLIED AS TO TITLE, USE AND/OR ENJOYMENT AND WILL BE SOLD SUBJECT TO THE RIGHT OF REDEMPTION OF ALL PARTIES ENTITLED THERETO. Alabama law gives some persons who have an interest in property the right to redeem the property under certain circumstances. Programs may also exist that help persons avoid or delay the foreclosure process. An attorney should be consulted to help you understand these rights and programs as a part of the foreclosure process. This sale is made for the purpose of paying the indebtedness secured by said mortgage, as well as the expenses of foreclosure. The successful bidder must tender a non-refundable deposit of Five Thousand Dollars ($5,000.00) in certified funds made payable to Sirote & Permutt, P.C. at the time and place of the sale. The balance of the purchase price must be paid in certified funds by noon the next business day at the Law Office of Sirote & Permutt, P.C. at the address indicated below. Sirote & Permutt, P.C. reserves the right to award the bid to the next highest bidder should the highest bidder fail to timely tender the total amount due. The Mortgagee/Transferee reserves the right to bid for and purchase the real estate and to credit its purchase price against the expenses of sale and the indebtedness secured by the real estate. This sale is subject to postponement or cancellation. Wells Fargo Bank, N.A., Mortgagee/Transferee Ginny Rutledge SIROTE & PERMUTT, P.C. P. O. Box 55727 Birmingham, AL 35255-5727 Attorney for Mortgagee/Transferee www.sirote.com/foreclosures 385819 The Piedmont Jounral Calhoun Co., AL January 11, 18, 25, 2017

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