Legal No. 12-596
NOTICE OF SALE UNDER POWER
GEORGIA, LAURENS COUNTY
By virtue of the power of sale contained in the Security Deed from INTELLIKIDS, INC. to Merchants & Citizens Bank, dated November 27, 2007, recorded in Deed Book 1965, page 25, Laurens County Records, conveying the property described hereinafter to secure Note in the original principal amount of $730,684.00, with interest thereon as set forth therein, on the unpaid balance, for a total amount of $769,576.28 (as of September 27, 2012) being due, there will be sold at public outcry to the highest bidder for cash, before the Courthouse door of Laurens County, Georgia, during the legal hours of sale on the FIRST TUESDAY OF NOVEMBER, 2012, the following described property, to-wit:
All that tract of land in Land Lot 131 of the First Land District of Laurens County, Georgia, containing 3.00 acres, more or less, and being shown on a plat of survey by Flanders & Associates, Inc., Land Surveyor, dated April 13, 2006, which plat is recorded in Plat Book 8, page 979B, Laurens County Records, and by this reference is incorporated. Said property fronts 370.02 feet on the northwesterly margin of Moore Station Road.
The debt secured by said Security Deed has been and is hereby declared due because of non-payment of the indebtedness when due and in the manner provided in the Note and Security Deed. The debt remaining in default, the sale will be made for the purpose of paying the same and all expenses of sale, as provided in the Security Deed and by law, including attorneys fees, notice of intent to collect attorneys fee having been given.
Said property will be sold subject to any outstanding ad valorem taxes, any assessments, liens, encumbrances, zoning ordinances, restrictions, covenants, and matters of record superior to the Security Deed first set out above.
To the best knowledge and belief of the undersigned, the party in possession of the property is INTELLIKIDS, INC. or a tenant or tenants, and said property commonly has an address of 2613 MOORE STATION ROAD, DUBLIN, GEORGIA 31021.
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.
THE MERCHANTS & CITIZENS BANK,
ATTORNEY IN FACT FOR INTELLIKIDS, INC.
SMITH & CANNON, P.C.
ATTORNEYS FOR MERCHANTS & CITIZENS BANK
POST OFFICE BOX 270
MCRAE, GEORGIA 31055
PHONE - 229-868-6065
FACSIMILE - 229-868-6063
October 13, 20, 27, November 3, 2012