Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Nell Collier, unmarried, originally in favor of Mortgage Electronic Registration Systems, Inc., as nominee for RountPoint Mortgage Servicing Corporation, on the 9th day of March, 2019, said mortgage recorded in the Office of the Judge of Probate of Lauderdale County, Alabama, in RLPY Book 2019, Page 9895; the undersigned RoundPoint Mortgage Servicing Corporation, 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 Florence, Lauderdale County, Alabama, on April 23, 2020, during the legal hours of sale, all of its right, title, and interest in and to the following described real estate, situated in Lauderdale County, Alabama, to-wit:
The land referred to herein below is situated in the County of Lauderdale, State of Alabama, and is described as follows:
A tract of land in the SE 1/4 of Section 12, Township 2 South, Range 9 West, Lauderdale County, Alabama, more fully described as follows: commence at the SE corner of the NW 1/4 of the SE 1/4 of said Section 12; thence North 120 feet, more or less, to the SE corner of the Austeen Davis, Jr., one acre tract; thence West 465 feet, more or less, to the point of beginning, being the SW corner of the Lester L. Collier tract; thence North 210 feet along the west line of aforementioned Lester L. Collier tract to the centerline of Blue Water Road; thence West along the centerline of Blue Water Road 210 feet to a point; thence South 210 feet to a point; thence East 210 feet to the point of beginning. Being the SW corner of the aforementioned Lester L. Collier tract.
Property street address for informational purposes: 896 County Rd 425, Killen, AL 35645
THIS PROPERTY WILL BE SOLD ON AN “AS IS, WHERE IS” BASIS, 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.
RoundPoint Mortgage Servicing Corporation, Mortgagee/Transferee
SIROTE & PERMUTT, PC
P. O. Box 55727
Attorney for Mortgagee/
February 14, 21, 28 2020