• MORTGAGE FORECLOSURE SALE De...

MORTGAGE FORECLOSURE SALE

Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Steven G. Waters and Annette Waters, husband and wife, originally in favor of Mortgage Electronic Registration Systems, Inc., as nominee for First American Bank, on the 15th day of December, 2006, said mortgage recorded in the Office of the Judge of Probate of St. Clair County, Alabama, in Book 2006 Page 76447; the undersigned New Penn Financial, LLC D/B/A Shellpoint Mortgage Servicing, 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 Pell City, St. Clair County, Alabama, on December 27, 2017, during the legal hours of sale, all of its right, title, and interest in and to the following described real estate, situated in St. Clair County, Alabama, to-wit:

Property situated in the NE 1/4 of the NW 1/4 of Section 8, Township 15 South, Range 5 East and being more particularly described as follows:

Commence at the NE Corner of said 1/4 - 1/4 and run South 02 degrees 17 minutes 19 seconds West along the East line of said 1/4 - 1/4 656.25 feet; thence run North 87 degrees 32 minutes 16 seconds West 659.97 feet; thence run South 02 degrees 58 minutes 46 seconds West 99.93 feet; thence run North 88 degrees 01 minutes 54 seconds West 291.76 feet; thence run North 52 degrees 21 minutes 32 seconds West 58.24 feet to the Point of Beginning; thence run South 13 degrees 27 minutes 05 seconds West 252.88 feet; thence run North 77 degrees 59 minutes 55 seconds West 261.20 feet; thence run North 16 degrees 20 minutes 30 seconds East 154.00 feet; thence run North 63 degrees 18 minutes 50 seconds East 80.21 feet; thence run North 14 degrees 14 minutes 48 seconds East 126.35 feet; thence run North 28 degrees 51 minutes 25 seconds West 9.68 feet to the Southerly Right of Way of the Old Macedonia Road, said Right of Way being on a curve to the left having a radius of 187.62 feet and a delta of 03 degrees 39 minutes 52 seconds; thence turn right and run along said curve to the left which has a chord bearing of North 85 degrees 08 minutes 24 seconds East, 12.00 feet; thence run South 52 degrees 21 minutes 32 seconds East 203.26 feet to the Point of Beginning.

Property street address for informational purposes: 206 Old Macedonia Rd, Ragland, AL 35131

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.

New Penn Financial, LLC
D/B/A Shellpoint Mortgage
Servicing,
Mortgagee/Transferee

Rebecca Redmond
SIROTE&PERMUTT, P.C.
P. O. Box 55727
Birmingham, AL 35255-5727
Attorney for Mortgagee/
Transferee
www.sirote.com/foreclosures
420185
November 30, December 7 and 14, 2017
(228254) 12-14-17
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PostedNovember 30, 2017