NOTICE OF SALE GEORGIA, COLQUI...
Listed 122 weeks ago
NOTICE OF SALE GEORGIA, COLQUITT COUNTY. WHEREAS, heretofore on October 9, 2014, SPARKMANS CREAM VALLEY, INC., did execute to UNITED NATIONAL BANK a certain Deed to Secure Debt to the following land: 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 83-B, Colquitt County records, and being more particularly described as follows: BEGIN at the intersection of the West margin of the right of way of Rossman Dairy Road (Co. Rd. #25) with the South Land Lot Line of Land Lot 194 and run thence along said West Margin of the right of way of Rossman Dairy Road along the arc of a circle an arc distance of 239.61 feet with the radius of the circle being 2188.89 feet with a chord bearing North 11 degrees 55 minutes 56 seconds East with a chord length of 239.49 feet to a point; continue thence along said right of way margin of said road North 15 degrees 04 minutes 06 seconds East 95.17 feet to a point; continue thence along said right of way margin of said road along the arc of a circle an arc distance of 484.85 feet with the radius of the circle being 2251.83 feet with a chord bearing North 08 degrees 54 minutes 00 seconds East with a chord length of 483.92 feet to a point; continue thence along said right of way margin of said road North 2 degrees 43 minutes 55 seconds East 202.75 feet to an iron pin set and the POINT OF BEGINNING; run thence North 86 degrees 27 minutes 12 seconds West 369.77 feet to an iron pin set; run thence North 1 degree 31 minutes 03 seconds East 208.71 feet to an iron pin set; run thence South 86 degrees 27 minutes 12 seconds East 374.19 feet to an iron pin set on the West margin of the right of way of Rossman Dairy Road; run thence South 2 degrees 43 minutes 55 seconds West 208.60 feet to the point of beginning. Subject to an easement for ingress and egress 60 feet in width located adjacent to the Northern portion of the tract described above as shown on the plat recorded in Plat Book 39, Page 83-B, Colquitt County records. The above described property is identified as approximately 1.78 acres, LL 194, 8th LD, Moultrie, Colquitt County, Georgia and Tax Parcel No. C028 095A. WHEREAS, said Deed to Secure Debt secures three promissory notes including a Promissory Note and Security Agreement, Loan Number 27054, dated November 29, 2017 in the original amount of ONE MILLION TWO HUNDRED FIFTY THOUSAND AND 00/100 DOLLARS ($1,250,000.00); 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 a Promissory Note and Security Agreement, Loan Number 27633, executed by Sparkman Cream Valley, Inc. to United National Bank dated May 31, 2018 in the principal amount of $57,275.25; together with all loan documents executed by the borrowers in connection therewith, and all other indebtedness then owing or thereafter arising between the parties, all shown by a Deed to Secure Debt recorded in Deed Book 1219 Pages 157-161 in the office of the Clerk of the Superior Court of Colquitt County, Georgia. WHEREAS, subsequent to the execution of the foregoing loan documents, Sparkmans Cream Valley, Inc. conveyed the 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 notes 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 Deed to Secure Debt 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 Sparkmans Cream Valley, Inc. under power of sale in Deed to Secure Debt. Charles J. Stafford Alexander & Vann, LLP Attorneys 411 Gordon Avenue Thomasville, GA 31792 229-226-2565 788283 04/10/2024, 04/17/2024, 04/24/2024, 05/1/2024
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