Details for Foreclosure

Updated

L3958 MORTGAGE FORECLOSURE SALE Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Cephus McCoy, Jr., single, originally in favor of Mortgage Electronic Registration Systems, Inc., as nominee for R M K Financial Corp. dba Majestic Home Loan, on October 25, 2016, said mortgage recorded in the Office of the Judge of Probate of Lee County, Alabama, in Book 4269, Page 966; the undersigned The Money Source, Inc., 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 Opelika, Lee County, Alabama, on October 7, 2021, during the legal hours of sale, all of its rights, title, and interest in and to the following described real estate, situated in Lee County, Alabama, to-wit: All that tract or parcel of land situate, lying and being in Section 16, Township 18 North, Range 30 East, Lee County, Alabama, said lot being more particularly designated as Lot 46 upon a plat of survey entitled "River Ridge on Lake Oliver, a subdivision for Flournoy Development Co." prepared by Boles Engineering under date of January 20, 1986, a copy of said plat being recorded in Plat Book 12 at Page 65-A and B of the records in the Office of the Judge of Probate of Lee County, Alabama.. Property street address for informational purposes: 681 Lee Rd 613 , Smiths Station, AL 36877. THIS PROPERTY WILL BE SOLD ON AN "AS IS, WHERE IS" BASIS, 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 Tiffany & Bosco, P.A. at the time and place of the sale. The balance of the purchase price plus any deed recording costs and transfer taxes must be paid in certified funds by noon the next business day at the Law Office of Tiffany & Bosco, P.A. at the address indicated below. Tiffany & Bosco, P.A. 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. The Money Source, Inc., ("Transferee") Tiffany & Bosco, P.A., 2311 Highland Avenue South, Suite 330, Birmingham, AL 35205. TB File Number: 20-03053 09/04/2021, 09/11/2021, 09/18/2021

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