NOTICE OF SALE UNDER POWER IN SECURITY DEED
STATE OF GEORGIA,
COUNTY OF STEPHENS.
On August 15, 2003, Charles E. Lewallen and June D. Lewallen executed a Deed to Secure Debt to Stephens Federal Bank, n/k/a Oconee Federal Savings and Loan Association, successor by merger, securing a note of even date for Seventy Five Thousand and No/100 Dollars ($75,000.00), said security deed being recorded in Deed Book 621, Pages 436-455 Stephens County Records. Said security deed conveyed the property hereinafter described.
By virtue of the power of sale contained in said security deed to Stephens Federal Bank, n/k/a Oconee Federal Savings and Loan Association, successor by merger, there will be sold by the undersigned at public outcry to the highest bidder for cash, before the Stephens County Courthouse door in Toccoa, Georgia, during the legal hours of sale, being 10 a.m. until 4 p.m. Eastern Time, on the first Tuesday in August, the same being August 1, 2017 the following described property:
All that tract or parcel of land situate, lying and being in the 440th District, G.M., Stephens County, Georgia located on the North side of Tugalo Street and more fully described as follows: BEGINNING at an iron pin corner on the North side of Tugalo Street next to property of Caudell, said iron pin corner being 518.7 feet Northeast of the intersection of Tugalo Street and Laura Street, and running thence along the line of Caudell property North 09 degrees 59 minutes West 160.0 feet to an iron pin corner; thence North 75 degrees 25 minutes East 75.0 feet to an iron pin corner next to property of Watson; thence along the line of Watson South 09 degrees 59 minutes East 160.0 feet to an iron pin corner on the North side of Tugalo Street; thence along the right-of-way of Tugalo Street South 75 degrees 25 minutes West 75.0 feet to the beginning iron pin corner, CONTAINING 0.28 ACRE, all according to plat and survey by Clelland Tyson, Registered Surveyor, dated December 3, 1987, copy of said plat recorded in Plat Book 15, Page 27 Stephens County Plat Records.
The above described property being the same as that conveyed from Harold E. Lewallen and Karen S. Lewallen to Charles Lewallen and June Lewallen by Warranty Deed dated August 24, 2000, recorded in Deed Book 479, Pages 239-240, Stephens County Records.
The debt secured by said security deed and note has been and is hereby declared due and payable because of default for non payment as required by the note and security deed. The debt having been declared due and payable and remaining unpaid, and the terms in the note and security deed remaining in default, this sale will be made for the purpose of paying the principal, accrued interest and attorneys fees pursuant to the note and security deed, plus all expenses of this sale.
Said property will be sold as the property of Charles E. Lewallen and June D. Lewallen and subject to outstanding ad valorem taxes and/or easements and/or restrictive covenants appearing of record, if any. The undersigned will comply with Georgia law, O.C.G.A. Section 44-14-162.2, prior to conducting the sale.
To the best knowledge and belief of the undersigned, equitable title to said property is now held by Charles E. Lewallen and June D. Lewallen or the Estate of June D. Lewallen.
The entity with full authority to negotiate, amend and modify all terms of the mortgage with the Debtor is Oconee Federal Savings and Loan Association, successor by merger to Stephens Federal Bank, Phone Number (706) 886-2111.
The undersigned will execute a deed to the purchaser at said sale as provided in the aforementioned deed to secure debt to Stephens Federal Bank, n/k/a Oconee Federal Savings and Loan Association, successor by merger.
Dated this 22nd day of June, 2017.
Oconee Federal Savings and Loan Association, successor by merger to Stephens Federal Bank, Attorney-in-fact for Charles E. Lewallen and June D. Lewallen
Sanders, Ranck & Skilling, P.C.
P. O. Box 1005
Toccoa, GA 30577
Attorneys for Oconee Federal Savings and Loan Association