Details for Foreclosure

Updated

LG408 NOTICE OF SALE UNDER POWER FORECLOSURE NOTICE WHEREAS, default has occurred in the performance of the covenants, terms and conditions of a mortgage from JIMMY L. TRAYLOR, JR. AND WILLA E. TRAYLOR, HUSBAND AND WIFE , to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC AS NOMINEE FOR BSM FINANCIAL LP DBA BANKSOURCE MORTGAGE, on the 25th day of July, 2007, said mortgage recorded in the Office of the Judge of Probate of Lee County, Alabama, on July 30, 2007, in Deed/ Mortgage Book 3482, Page 149 , Lee County, Alabama Records, said Mortgage having subsequently been transferred and assigned to Selene Finance LP, by instrument recorded in the aforesaid Probate Office; notice is hereby given that the undersigned Selene Finance LP, 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 in Opelika, Lee County, Alabama, on December 5, 2019, during the legal hours of sale, all of its right, title, and interest in and to the following described real estate, situated in Lee County, Alabama, to-wit: LOT NUMBER 23, EAST RIDGE ESTATES, PHASE II, ACCORDING TO THAT CERTAIN PLAT OF RECORD IN PLAT BOOK 24, PAGE 189. IN THE OFFICE OF THE JUDGE OF PROBATE OF LEE COUNTY, ALABAMA. SAID PLAT IS INCLUDED HEREIN AND MADE A PART HEREOF BY REFERENCE FOR THE PURPOSE OF A MORE COMPLETE AND ACCURATE DESCRIPTION. THE ABOVE DESCRIBED PROPERTY IS LOCATED IN SECTION 16, TOWNSHIP 20 NORTH, RANGE 28 EAST, LEE COUNTY. ALABAMA AND IS A PORTION OF THAT SAME PROPERTY CONVEYED TO DYNASTY HOUSING, INC. BY THAT CERTAIN DEED DATED JULY 8, 2003, AND RECORDED IN DEED BOOK 2239, PAGE 817, IN THE OFFICE OF THE JUDGE OF PROBATE OF LEE COUNTY, ALABAMA. THE ABOVE DESCRIBED PROPERTY IS SUBJECT TO ANY AND ALL EASEMENTS, RESTRICTIONS, AND RIGHTS OF WAY OF RECORD IN SAID COUNTY AFFECTING SAID ABOVE-DESCRIBED PROPERTY. Said legal description being controlling, however the property is more commonly known as 34 LEE ROAD 2113, CUSSETA, AL 36852. 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 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 in the county where the above-described property is situated. This property will be sold subject to the right of redemption of all parties entitled thereto and subject to any outstanding ad valorem taxes (including taxes which are a lien, whether or not now due and payable). This sale is made for the purpose of paying the indebtedness secured by said mortgage, as well as the expenses of foreclosure. 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. Selene Finance LP, Mortgagee/Transferee THE BELOW LAW FIRM MAY BE HELD TO BE ACTING AS A DEBT COLLECTOR, UNDER FEDERAL LAW. IF SO, ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. Rubin Lublin, LLC, Attorney for Mortgagee/Transferee 200 Clinton Avenue West, Suite 406, Huntsville, AL 35801 Telephone Number: (877) 813-0992 Case No. SEF-18-00788-7 Ad Run Dates: 11/07/2019, 11/14/2019, 11/21/2019

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