MORTGAGE FORECLOSURE SALE
Default having being made in the payment of the indebtedness secured by that certain mortgage dated August 26, 2002 executed by Paul Nelson, IV, single, in favor of Jim Walter Homes, Inc., said Mortgage being recorded September 30, 2002, in Book 430, Page 904, in the Office of the Judge of Probate of Winston County, Alabama; having later been assigned to U.S. Bank National Association, as Trustee for NRZ Pass-Through Trust IV by instrument recorded in MORT Book 636, Page 249, in the Office of the Judge of Probate of Winston County, Alabama. Said default continues and notice is hereby given that the undersigned, U.S. Bank National Association, as Trustee for NRZ Pass-Through Trust IV, by Ditech Financial LLC as servicer with delegated authority, under and by virtue of the power of sale contained in said mortgage, will sell at public outcry to the highest bidder for cash at the main entrance to the County Courthouse, Winston County, Alabama on 06/14/2019, during the legal hours of sale, the following described real estate situated in Winston County, Alabama, to-wit:
A 1.0 acre tract located in the NW 1/4 of Section 36 Township 9 South, Range 9 West, Winston County, Alabama.
Bearing and distance take from Deed, Vol 195, Page 6.
Commencing at the SW corner of the NW 1/4 of Section 36 Township 9 South, Range 9 West, thence North 33 degrees 49 minutes 16 seconds West, 450.79 feet to a point in the center of a culvert and the center of a gravel road; thence North 62 degrees 19 minutes 53 seconds East along center of gravel road a distance of 73.98 feet, thence North 74 degrees 59 minutes 32 seconds East along a gravel road for 145.26 feet, thence North 69 degrees 15 minutes 03 seconds East, along gravel road for 114.35 feet, thence North 50 degrees 04 minutes 39 seconds East, along gravel road for 129.13 feet, thence North 41 degrees 23 minutes 09 seconds East along gravel road for 123.43 feet, thence North 26 degrees 47 minutes 26 seconds West 437.06 feet, thence South 89 degrees 19 minutes 43 seconds East, 1170.04 feet, thence due South a distance of 281.46 feet to a iron pin the Point of Beginning; thence continue South 00 degrees 00 minutes East 110.0 feet to a iron pin set on the North bank of a creek; thence along said creek South 88 degrees 10 minutes East 355.0 feet to a iron pin set on the North bank of creek; thence North 19 degrees 40 minutes West 140.0 feet to a iron pin set; thence South 88 degrees 03 minutes 02 seconds West 307.88 feet to the Point of Beginning. Said land contains 1.0 acres more or less and lies in the NW 1/4 of Section 36 Township 9 South, Range 9 West, Winston County, Alabama. This conveyance is subject to any and all restrictive covenants, easements, set-back line and/or zoning ordinances which may be applicable to the above described property.
For informational purposes only, the property address is: 656 County Road 409, Double Springs, AL 35553. Any property address provided is not part of the legal description of the property sold herein and in the event of any discrepancy, the legal description referenced herein shall control.
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, EXPRESS 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 mortgage as well as the expenses of foreclosure, including a reasonable attorney’s fees and other purposes set out in said mortgage.
U.S. Bank National Association, as Trustee for NRZ Pass-Through Trust IV, by Ditech
Financial LLC as servicer with delegated authority
Paul K. Lavelle, Esq.
Attorney for Mortgagee
Spina, & Lavelle, P.C.
One Perimeter Park South-Suite 400N
Birmingham, Alabama 35243
PN-May 8, 15, 22