• MORTGAGE FORECLOSURE SALE De...

MORTGAGE FORECLOSURE SALE

Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Thomas D. Rowland and Carol M. Rowland, originally in favor of Mortgage Electronic Registration Systems, Inc., as nominee for Genworth Financial Home Equity Access, Inc. , on the 17th day of November, 2011, said mortgage recorded in the Office of the Judge of Probate of Limestone County, Alabama, in RLPY Book 2011 Page 62460; the undersigned Reverse Mortgage Solutions, Inc., 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 Athens, Limestone County, Alabama, on December 6, 2017, during the legal hours of sale, all of its right, title, and interest in and to the following described real estate, situated in Limestone County, Alabama, to-wit:

Tract 1: A tract or parcel of land located in the Southeast Quarter of Section 28, Township 1 South, Range 4 West, and being more particularly described as follows: beginning at the center of the South boundary of Section 28, Township 1 South, Range 4 West, thence run North 01 degrees 15 minutes East for a distance o 161.80 feet to a point; thence run North 75 degrees 20 minutes West for a distance of 145.40 feet to a point; thence run North 61 degrees 55 minutes West for a distance of 1296.10 feet to a point; thence run North 69 degrees, 35 minutes West for a distance of 96.50 feet to a point; thence run North 73 degrees, 35 minutes West 126.0 feet to a point; thence run North 10 degrees 25 minutes East for a distance of 255.0 feet to an iron pin on the East right of way margin of a County Road; thence run North 11 degrees 40 minutes West and along the east right of way margin of said County Road for a distance of 75.8 feet to an iron pin; thence run North 27 degrees 05 minutes West and along the East right of way margin of said County Road for a distance of 315.0 feet to the true point of beginning of the herein described real estate; thence run South 81 degrees 05 minutes East for a distance of 340.0 feet to a point; thence run North 18 degrees 50 minutes West for a distance of 157.5 feet to a point; thence run North 87 degrees 47 minutes West for a distance of 337.0 feet to a point; thence run south 16 degrees 13 minutes East and along the East right of way margin of said County Road for a distance of 37.0 feet to a point; thence run South 29 degrees 52 minutes East and along said County Road for a distance of 85.25 feet to the True Point of Beginning.

Tract 2: A tract or parcel of land located in the Southwest Quarter of Section 28, Township 1 South, Range 4 West, and being more particularly described as follows: beginning at the center of the South boundary of Section 28, Township 1 South, Range 4 West; thence run North 01 degrees 15 minutes East for a distance of 161.80 feet to a point; thence run North 75 degrees 20 minutes West for a distance of 145.40 feet to a point; thence run North 61 degrees, 55 minutes West for a distance of 1296.10 feet to a point; thence run North 69 degrees, 35 minutes West for a distance of 96.50 feet to a point; thence run North 73 degrees, 35 minutes West 126.0 feet to a point; thence run North 10 degrees, 25 minutes East for a distance of 255.0 feet to an iron pin on the East right of way margin of a County Road; thence run North 11 degrees 40 minutes West and along the right of way margin of said County Road for a distance of 75.8 feet to an iron pin; thence run North 24 degrees 05 minutes West and along the East right of way margin of said County Road for a distance of 315.0 feet to a point; thence run North 29 degrees, 52 minutes West and along the East right of way margin of said county road, for a distance of 85.25 feet to a point; thence run North 16 degrees, 13 minutes West and along the East right of way margin of said County Road for a distance of 37.0 feet to the True Point of Beginning of the herein described real estate, thence run South 87 degrees 47 minutes East for a distance of 337.0 feet to a point; thence run North 18 degrees 50 minutes West for a distance of 157.00 feet to a point; thence run South 86 degrees 35 minutes East for a distance of 320.0 feet to a point on the East right of way margin of said County Road; thence run South 16 degrees 13 minutes East and along the East right of way margin of said County Road for a distance of 122.25 feet to the True Point of Beginning.

Tract 3: A tract or parcel of land located in the Southwest Quarter of Section 28, Township 1 South, Range 4 West, and being more particularly described as follows: beginning at the center of the South boundary of Section 28, Township 1 South, Range 4 West; thence run North 01 degrees, 15 minutes East for a distance of 161.80 feet to a point; thence run North 75 degrees, 20 minutes West for a distance of 145.40 feet to a point; thence run North 64 degrees, 55 minutes West for a distance of 1296.10 feet to a point; thence run North 69 degrees, 35 minutes West for a distance of 96.50 feet to a point; thence run North 73 degrees, 35 minutes West 126.0 feet to a point; thence run North 10 degrees, 25 minutes East for a distance of 255.0 feet to an iron pin on the East right of way margin of a margin of a County Road; thence run North 11 degrees 40 minutes West and along the east right of way margin of said County Road for a distance of 75.8 feet to an iron pin; thence run North 27 degrees 05 minutes West and along the East right of way margin of said County Road for a distance of 315.0 feet to a point; thence run North 29 degrees, 52 minutes West and along the East right of way margin of said county road, for a distance of 85.25 feet to a point; thence run North 16 degrees 13 minutes West and along the East right of way margin of said County Road for a distance of 34.0 feet to a point; thence run North 16 degrees 13 minutes West for a distance of 122.25 feet to the True Point of Beginning of the herein described real estates; thence run North 86 degrees 35 minutes East for a distance of 320.0 feet to a point; thence run North 18 degrees, 50 minutes West for a distance of 157.5 feet to a point; thence run South 80 degrees, 55 minutes West for a distance of 309.0 feet to a point on the East right of way margin of said County Road; thence run South 16 degrees, 13 minutes East and along the East right of way margin of said County Road for a distance of 122.25 feet to the true point of beginning.

Less and Except: a tract or parcel of land located in the Southwest Quarter of Section 28, Township 1 South, Range 4 West, of the Huntsville Meridian, Limestone County, Alabama, being more particularly described as follows: commencing at an existing 5/8 inch rebar in Sandlin Road, at the Southeast corner of Section 28, Township 1 South, Range 4 West, thence South, Range 4 West, thence South 89 degrees, 53 minutes, 42 seconds West along the South boundary of said Section 28, a distance of 2628.06 feet to an existing 5/8 inch rebar with plastic cap stamped RLS 15455 Ronnie G. Coffman, at the Southeast corner of the Southwest Quarter of said Section 28, thence continue South 89 degrees, 53 minutes, 42 seconds east along the South boundary of said Section 28, a distance of 1616.56 feet to a point, thence North 00 degrees, 03 minutes 18 seconds West a distance of 1527.95 feet to an existing 3/4 inch pipe, thence North 25 degrees, 31 minutes, 41 seconds West a distance of 85.25 feet to a point; thence North 11 degrees, 52 minutes, 41 seconds West a distance of 186.30 feet to a 5/8 inch rebar set, the point of true beginning of the herein described tract, passing an existing 3/4 inch pipe at a distance of 37.0 feet, also passing an existing 3/4 inch pipe at a distance of 159.14 feet; thence from the point of true beginning continue North 11 degrees, 52 minutes, 41 seconds West a distance of 95.09 feet to a 5/8 inch rebar set, at the Northwest corner of the herein described tract; thence North 84 degrees, 50 minutes, 06 seconds East a distance of 306.51 feet to a 5/8 inch rebar set, passing a 5/8 inch rebar set, on the East right of way of Vaughn Street (60.00 foot prescriptive right of way), at a distance of 13.89 feet; thence South 14 degrees, 39 minutes, 27 seconds East a distance of 136.61 feet to a 5/8 inch rebar set; thence North 87 degrees, 58 minutes , 29 seconds West a distance of 320.47 feet to the Point of Beginning, passing a 5/8 inch rebar set on the East right of way of Vaughn Street, at a distance of 305.51 feet.

And subject to: A right of way for Vaughn Street, described as follows: commencing at a 5/8 inch rebar set, at the Northwest corner of the above described tract, the Point of True Beginning of the herein described right of way; thence from the Point of True Beginning North 84 degrees, 50 minutes, 06 seconds East a distance of 13.89 feet to a 5/8 inch rebar set; thence along a curve to the right having a delta angle of 08 degrees, 16 minutes, 10 seconds, and arc distance of 44.82 feet, a radius of 310.56 feet and a chord bearing of South 14 degrees, 32 minutes, 12 seconds East for a chord distance of 44.78 feet to a 5/8 inch rebar se; South 10 degrees 24 minutes 07 seconds East a distance of 52.35 feet to a 5/8 inch rebar rebar set; thence North 87 degrees, 56 minutes, 29 seconds West a distance of 14.96 feet to a 5/8 inch rebar set; thence North 11 degrees, 52 minutes, 41 seconds West a distance of 95.09 feet to the point of true beginning.

Property street address for informational purposes: 25360 Vaughn St, Elkmont, AL 35620

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, 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.

Reverse Mortgage Solutions, Inc., Mortgagee/Transferee

Ginny Rutledge

SIROTE & PERMUTT, P.C.

P. O. Box 55727

Birmingham, AL 35255-5727

Attorney for Mortgagee/Transferee

www.sirote.com/foreclosures

419317

The News Courier.

October 6, 13, 20, 2017.
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PostedOctober 06, 2017