NOTICE OF SALE UNDER POWER WHEREAS, on October 15, 1986, for value received, Dennis W. Cody & Wife Charlene D. Cody executed and delivered to the United States of America, acting through the United States Department of Agriculture, a Deed to Secure Debt conveying certain real estate located in Whitfield County, Georgia, and said Deed to Secure Debt was recorded in the Office of the Clerk of the Superior Court for Whitfield County, Georgia, in Book # 961, Page# 49; and WHEREAS, the United States of America now holds the above described security deed covering the said real estate; and WHEREAS, the Deed to Secure Debt held by the United States of America provides that should default occur, the holder may declare the entire indebtedness secured by the Deed to Secure Debt due and payable and, in compliance with the power of sale provisions contained in said security deed proceed to sell the property at public outcry; and WHEREAS, after default, the United States of America has declared all of the indebtedness secured by the Deed to Secure Debt due and payable and hereby certifies that it has complied with all of its loan servicing regulations; NOW, THEREFORE, the said United States of America, acting as aforesaid, under and in compliance with the power of sale provision contained in the Deed to Secure Debt, will proceed to sell at public outcry, for cash or certified funds to the highest bidder in front of the Courthouse in Whitfield County, during the legal hours of sale, on the 4th day of October, 2016, the following-described property conveyed in the Deed to Secure Debt, to Wit: All that tract or parcel of land lying and being in Land Lot No. 125 in the 27th District and 3rd Section of Whitfield County, Georgia, and being Lot No. 23 of Mt. Vernon Village, as shown by Plat No. 2 thereof, of recorded in Plat Book 11, page 21 (Plat Cabinet A, Slide 319) in the Office of the Clerk of the Superior Court of Whitfield County, Georgia, and described as follows: BEGINNING at a point on the south side of Watergate Lane 275 feet west along the south side of Watergate Lane from the southwest corner of the intersection of Watergate Lane and Whitmire Circle; thence south 175 feet; thence west 120 feet; thence north 175 feet to the south side of Watergate Lane; thence east along the south side of Watergate Lane 120 feet to the point of beginning. The above described property will be sold subject to any and all outstanding real estate taxes that are due and payable. The failure of any high bidder to pay the purchase price and close the sale shall, at the option of the United States of America, be cause for rejection of the bid, and, if the bid is rejected, the United States of America shall have the option of making the sale to the next highest bidder who is ready, willing and able to comply with the terms thereof. The proceeds of said sale will first be applied to the payment of the indebtedness to the United States of America, other charges, and the expenses of sale, as provided in the above-described Deed to Secure Debt. This the 31st day of August, 2016. UNITED STATES OF AMERICA By /S/ Thomas B. Herron Director, Default Management Branch United States Department of Agriculture, Rural Development ITS: Authorized Representative 09/09 09/16 09/23 09/30
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