Details for Foreclosure Sale

Updated

LG512 MORTGAGE FORECLOSURE SALE Default having been made in the payment of the indebtedness secured by that certain mortgage executed on November 24, 2014 by Jim B Rains, a married man and Kristy K Rains, a married woman joint tenants, originally in favor of Mortgage Electronic Registration Systems, Inc. as nominee for Silverton Mortgage Specialists, Inc., and recorded in Mortgages Book 4095 at Page 762 on December 3, 2014, in the Office of the Judge of Probate of Lee County, Alabama, and secured indebtedness having been transferred or assigned to Wells Fargo Bank, N.A. as reflected by instrument recorded in Mortgages Book 4497, Page 580 of the same Office. Shapiro and Ingle, L.L.P., as counsel for Mortgagee or Transferee and under and by virtue of power of sale contained in the said mortgage will, on February 3, 2020, sell at public outcry to the highest bidder in front of the main entrance of the Lee County, Alabama, Courthouse in the City of Opelika, during the legal hours of sale, the following real estate situated in Lee County, Alabama, to wit: Lot 13, Block A, SPRINGDALE, a subdivision located in Section 2, Township 17, North Range 29, Esat, Lee County, Alabama, as shown on a plat thereof recorded in the Office of the Judge of Probate of Lee County, Alabama in Plat Book 9, at Page 159. For informational purposes only, the property address is: 165 Lee Rd 477, Phenix City, AL 36870. ANY PROPERTY ADDRESS PROVIDED IS NOT PART OF THE LEGAL DESCRIPTION OF THE PROPERTY SOLD HEREIN AND IN THE EVENT OF ANY DISCREPANCY, THE LEGAL DESCRIPTION REFERENCED HEREIN SHALL CONTROL. This sale is made for the purpose of paying the indebtedness secured by said mortgage, as well as the expenses of foreclosure. Furthermore, the property to be offered pursuant to this notice of sale is being offered for sale, transfer and conveyance AS IS, WHERE IS. Neither the mortgagee, nor the officers, directors, attorneys, employees, agents or authorized representative of the mortgagee make any representation or warranty relating to the title or any physical, environmental, health or safety conditions existing in, on, at or relating to the property offered for sale. Any and all responsibilities or liabilities arising out of or in any way relating to any such condition, including those suggested by Code of Ala. (1975) § 35-4-271, expressly are disclaimed. This sale is subject to all prior liens and encumbrances and unpaid taxes and assessments including any transfer tax associated with the foreclosure. The successful bidder must tender a non-refundable deposit of Five Thousand Dollars and no/100 ($5,000.00) in certified or cash funds at the time and place of the sale. The balance of the purchase price must be paid in certified funds by close of business on the next business day thereafter at the Law Office of Shapiro & Ingle, LLP at the address indicated below. Shapiro & Ingle, LLP reserves the right to award the bid to the next highest bidder, or to reschedule the sale, should the highest bidder fail to timely tender the total amount due. 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. Wells Fargo Bank, N.A., and its successors and assigns Mortgagee or Transferee SHAPIRO & INGLE, LLP 10130 Perimeter Parkway, Suite 400 Charlotte, NC 28216 704-333-8107/ 19-018867 Attorneys for Mortgagee or Transferee The Opelika-Auburn News - Run ad: January 3, 2020 January 10, 2020 January 17, 2020

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