NOTICE OF MORTGAGE FORECLOSURE SALE
WINSTON COUNTY, ALABAMA
Default having been made in regards to that certain Mortgage, executed by Allen D. Mabe and Cheryl Ann Mabe, as Mortgagors, on the 12th day of June, 2006, to Synovus Bank a/k/a First National Bank of Jasper, a Division of Synovus Bank (formerly known as Columbus Bank and Trust Company, as successor in interest through name change and by merger with First National Bank of Jasper) (“Synovus”) recorded in Mortgage Book 490 Page 151 in the Probate Office of Winston County, Alabama (“Mortgage”), Synovus, as Mortgagee, by reason of such default, having declared all of the indebtedness evidenced by the promissory note dated June 13, 2016 executed by Allen D. Mabe, as Debtor, and secured by said Mortgage due and payable, and such default continuing, notice is hereby given, that acting under the power of sale contained in said Mortgage, Synovus, as Mortgagee, will sell at public outcry, for cash to the highest bidder, in front of the Courthouse door, in Winston County, Alabama, located at 10 Blake Dr., Double Springs, AL 35553 on July 9, 2019 during the legal hours of sale, the following described real property situated in Winston County, Alabama, to-wit:
Lot 113 of Sipsey Overlook Subdivision, as recorded in Plat Book 3, Pages 122, 123, 124, and 125 of the Office of the Judge of Probate, Winston County, Alabama, as amended.
Subject to the Restrictive Covenants, easements and public roads, of Sipsey Overlook Subdivision as recorded in Deed Book 264, Page 420, in the Office of the Judge of Probate, Winston County, Alabama.
Subject to easement to Alabama Power Company for water storage rights up to the 510’ water level of Smith Lake, and for overflow rights up to the 522’ water level as recorded in the Probate Office of Winston County, Alabama, including the exclusive jurisdiction to regulate the permitting of any dock located or sought to be located on the subject property.
Said property will be sold on an “as is, where is” basis, subject to all liens, encumbrances, unpaid real estate ad valorem taxes and governmental assessments and to all prior restrictions, rights-of-way, and easements appearing of record prior to the date of the Mortgage and those appearing after the date of the Mortgage and consented to by Synovus. 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.
The Mortgagee 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.
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.
Attorney for Mortgagee
Austin S. Gibson, Esquire Page, Scrantom, Sprouse, Tucker & Ford., P.C.
1111 Bay Ave., Third Floor
P.O. Box 1199 Columbus, GA 31902
AM-June 12, 19, 26