Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Randy Lee Gates and wife, Judith Ann Gates, originally in favor of Jim Walters Homes, Inc. on September 8, 1996, said mortgage recorded in the Office of the Judge of Probate of Winston County, Alabama, at Book 357, Page 204; the undersigned U.S. Bank, N.A., as Trustee, successor in interest to Wachovia Bank, National Association, as Trustee, successor by merger to First Union National Bank as Trustee, for Mid-State Trust VII, 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 or certified funds, in front of the main entrance of the Courthouse at Winston County, Alabama, on February 25, 2021, during the legal hours of sale, all of its right, title, and interest in and to the following described real estate, situated in Winston County, Alabama, to-wit:
A 3.0 acre, more or less, tract of land lying in the West 1/2-NW-1/4-SE 1/4 of Section 1, Township 10 South, Range 10 West, Winston County, Alabama, and being more particularly described as follows: Commence at the SW corner of said W 1/2- NW 1/4 -SE 1/4 and run thence east along the south boundary thereof 420 feet to the point of beginning; thence east along said south boundary line 240 feet; more or less, to the SE corner of W 1/4-NW 1/4-SE 1/4; run thence north along the east boundary thereof 440 feet, more or less, to an iron pin; run thence west 240 feet, more or less, to an iron pin; run thence south 440 feet, more or less, to the point of beginning. Said lands being the south 3 acres, more or less, of the land deeded to Linda Clark from Harold Clark, January 19, 1989.
Property street address for informational purposes: 130 County Rd 3202, Haleyville, AL 35565
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, EX- PRESSED 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 cash or certified funds made payable to Aldridge Pite, LLP at the time and place of the sale. Aldridge Pite, LLP 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.
U.S. Bank, N.A., as Trustee, successor in interest to
National Association, as Trustee,
successor by merger to First Union
National Bank as Trustee, for
Mid-State Trust VII, Mortgagee/
ALDRIDGE PITE, LLP
Fifteen Piedmont Center
3575 Piedmont Rd. NE Suite 500
Atlanta, GA 30305
RG_Jan 13, 20, 27