NOTICE OF SALE GEORGIA, COLQUI...

NOTICE OF SALE GEORGIA, COLQUITT COUNTY. WHEREAS, heretofore on October 9, 2014, BURMA JEAN SPARKMAN did execute to UNITED NATIONAL BANK a certain security deed to the following land: A tract of land in Land Lots 194 and 195 of the 8th Land District in Colquitt County, Georgia, being 260 acres, more or less, and more particularly described as follows: FROM the intersection of the South margin of the right of way of Mill Pond Road with the West margin of the right of way of Rossman Dairy Road, run thence South along the West margin of the right of way of the Rossman Dairy Road 487.63 feet to a point, which is the Southeast corner of property of Derwin G. and Bettie Lucille T. Jones as shown on a plat recorded in Plat Book 19, Page 68, Colquitt County records; run thence North 50 degrees 46 minutes 19 seconds West 762.44 feet to a point on the South margin of the right of way of Mill Pond Road; run thence westerly along the South margin of the right of way of Mill Pond Road 1296.8 feet, more or less, to a wire fence and property of Victor and Carolyn Dobbs; run thence South 01 degree 07 minutes West along said fence to a fence which is 493.14 feet North of the run of a creek as shown on a plat recorded in Plat Book 28, Page 153, Colquitt County records, pursuant to which 13.25 acres, more or less, of Land Lot 194 was conveyed to Burma Jean Sparkman and run thence North 73 degrees 50 minutes 44 seconds West 1644.31 feet to a point in the run of a creek; run thence southeasterly along the run of said creek to the East line of property of A.L. and Virginia Jenkins Allen; run thence southerly along the East line of Allen to the South original land lot line of Land Lot 194; run thence easterly along the South lot line to the East Margin of the right of way of Rossman Dairy Road; run thence northerly along the East margin of said right of way to the centerline of a branch; run thence along the center line of said branch and into Land Lot 195 to an iron pin and fence as shown on a plat of property of the estate of W. W. King recorded in Plat Book 8, Page 147, Colquitt County records; run thence North 7 degrees 34 minutes West along said fence 1805.9 feet to a corner post; run thence North 60 degrees 16 minutes West along a fence 1478.1 feet to a point; continue thence northwesterly and across the right of way of Rossman Dairy Road to the point of beginning. This being the same property conveyed to Ross Sparkman, Jr., Ross Sparkman, Jr., and Burma Jean Sparkman and Burma Jean Sparkman by deeds recorded in Deed Book 533, Page 245, Deed Book 447,Page 802, Deed Book 349, Page 743, Deed Book 266, Page 359, and in Deed Book 253, Page 77, all in the records of Colquitt County, Georgia. LESS AND EXCEPT: One acre in Land Lot 194 conveyed to Ricky Ray Sparkman and Donna Kay Sparkman by deed recorded in Deed Book 346, Page 636, Colquitt County records; AND the right of way for Rossman Dairy Road. ALSO LESS AND EXCEPT; 1.78 acres, more or less, in Land Lot 194 in the 8th Land District of Colquitt County, Georgia, as shown on a plat of survey prepared by Dan Hinson, Land Surveyor, Inc., dated December 6, 2005, entitled Plat of Survey for RICKY SPARKMAN recorded in Plat Book 39, Page 83B, Colquitt County records. The above described property is identified as 260 acres, LL 194 & 195 , 8th LD, Moultrie, Colquitt County, Georgia and Tax Parcel No. C028 095. WHEREAS, said security deed secures four promissory notes, including Promissory Note and Security Agreement, Loan Number 27054, executed by Sparkmans Cream Valley, Inc. to United National Bank dated November 29, 2017 in the principal amount of $1,250,000.00 and all loan documents executed by the borrowers in connection therewith; a Promissory Note and Security Agreement, Loan Number 27083, executed by Sparkmans Cream Valley, Inc. to United National Bank dated November 29, 2017 in the principal amount of $400,000.00 and all loan documents executed by the borrowers in connection therewith; a Promissory Note and Security Agreement, Loan Number 30250, executed by Sparkman Dairy, LLC to United National Bank dated March 30, 2018 in the principal amount of $175,000.00 and all loan documents executed by the borrowers in connection therewith; and a Promissory Note and Security Agreement executed by Ricky Ray Sparkman aka Ricky R. Sparkman, Loan Number 31516, to United National Bank dated June 28, 2019 in the principal amount of $140,000.00. Burma Jean Sparkman executed a Hypothecation Agreement agreeing to pledge the subject property as collateral for the foregoing loans. The amounts outstanding under on the notes, and all other indebtedness then owing or thereafter arising between the parties, are secured by a Deed to Secure Debt recorded in Deed Book 1219 Pages 162-166 in the office of the Clerk of the Superior Court of Colquitt County, Georgia. WHEREAS, subsequent to the execution of the foregoing loan instruments, Burma Jean Sparkman conveyed the subject property to Ricky Ray Sparkman. WHEREAS, the notes are delinquent and a default exists, and the default continues, and all notices required in the notes and Deed to Secure Debt have been timely given, and the undersigned has elected that the entire debt, principal and interest, become due at once as provided in the note and Deed to Secure Debt, and the undersigned has elected to proceed with foreclosure under its Deed to Secure Debt. NOW, THEREFORE, according to the original terms of said Deed to Secure Debt and pursuant to the power of sale contained therein and the laws in such cases made and provided, the undersigned will expose for sale to the highest and best bidder for cash the above described property, after proper advertisement, on the first Tuesday in May, 2024, being May 7, 2024, between the legal hours of sale before the Colquitt County Courthouse, 9 South Main Street, Moultrie, Colquitt County, Georgia. Said property will be sold subject to taxes for the year 2024 and any prior unpaid taxes, any matters which might be disclosed by an accurate survey and inspection of the property, any assessments, liens, encumbrances, zoning ordinances, restrictions, covenants and matters of record superior to the Deed to Secure Debt first set out above. The proceeds from said sale will be used, first to the payment of said debt, principal, interest and expenses and attorneys fees for which proper notice is given, and the balance, if any, delivered as provided in said Deed to Secure Debt. United National Bank is the secured creditor. The person at United National Bank with full authority to negotiate and modify the terms of the security deed is Todd Harrell. The address of United National Bank is P. O. Box 150, Cairo, GA 39828, and the telephone number is 229-377-7200. This law firm is acting as a debt collector for United National Bank. Any information obtained by us will be used for the purpose of collecting the debt described herein. This April 5, 2024. United National Bank, as attorney-in-fact for Burma Jean Sparkman under power of sale in security deed. Charles J. Stafford Alexander & Vann, LLP Attorneys 411 Gordon Avenue Thomasville, GA 31792 229-226-2565 788273 04/10/2024, 04/17/2024, 04/24/2024, 05/1/2024