The Brunswick News
Glynn County

Mar 23, 2010 | 227 views | email to a friend | print

NOTICE OF SALE UNDER POWER GEORGIA, GLYNN COUNTY Because of default in the payment of the indebtedness, secured by a Security Deed executed by John L Varner to Mortgage Electronic Registration Systems, Inc. dated July 5, 2007 in the amount of $5,000,000.00, and recorded in Deed Book 2262, Page 31, Glynn County, Georgia Records; as last transferred to TMST Home Loans, Inc. by assignment; the undersigned, TMST Home Loans, Inc. pursuant to said deed and the note thereby secured, has declared the entire amount of said indebtedness due and payable and pursuant to the power of sale contained in said deed, will on the first Tuesday in April, 2010 , during the legal hours of sale, at the Courthouse door in Glynn County, sell at public outcry to the highest bidder for cash, the property described in said deed to-wit: All that certain lot, tract or parcel of land situate, lying and being on Sea Island, Glynn County, Georgia, as described on that certain plat of survey prepared by Robert N. Shupe, Georgia Registered Land Surveyor No. 2224, entitled "Minor subdivision plat of Ocean Cottages at Ocean Forest, Phase Six" dated March 21, 2003, and recorded in Plat Drawer 29, Map No. 52, in The Office of the Clerk of Superior Court of Glynn County, Georgia, as all of Lot 17, Ocean Cottages at Ocean Forest, Phase Six. Reference is hereby made to said plat and to the record thereof for further purposes of description and identification of said property and for all other purposes. Also included herein is an easement for the purposes of vehicular and pedestrian access, ingress and egress, over, through, and across the streets and lanes shown on the several plats of survey for the various phases of Ocean Forest, all recorded in said Clerk`s Office, including but not limited to the streets and lanes known as "Ocean Road," "Forest Road," and "Forest Lane". which has the property address of 801 Ocean Road, Sea Island, Georgia., together with all fixtures and other personal property conveyed by said deed. The sale will be held subject to any unpaid taxes, assessments, rights-of-way, easements, protective covenants or restrictions, liens, and other superior matters of record which may affect said property. The sale will be conducted subject (1) to confirmation that the sale is not prohibited under the U.S. Bankruptcy Code and (2) to final confirmation and audit of the status of the loan with the holder of the security deed. Notice has been given of intention to collect attorneys' fees in accordance with the terms of the note secured by said deed. Said property will be sold as the property of VarnerFamily Holdings, LLC and the proceeds of said sale will be applied to the payment of said indebtedness, the expense of said sale, all as provided in said deed, and the undersigned will execute a deed to the purchaser as provided in the aforementioned Security Deed. TMST Home Loans, Inc. Attorney in Fact for John L Varner Anthony DeMarlo, Attorney/kgrant McCurdy & Candler, L.L.C. (404) 373-1612 File No. 10-04675 /CONV THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR AND IS ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.