• NOTICE OF SALE UNDER POWER ...

NOTICE OF

SALE UNDER POWER



Default having been made in the payment of the indebtedness secured by that certain Real Estate Mortgage executed by David L. True, unmarried (now deceased), to the United States of America, acting through the Farmers Home Administration, United States Department of Agriculture, dated April 15, 1992, recorded in the Office of the Judge of Probate of Cullman County, Alabama, in Mortgage Book 912, Page(s) 725-728; and



The entire indebtedness secured by the said Real Estate Mortgage having been declared due and payable as therein provided, the undersigned, the United States of America, acting through its authorized representative, under and in compliance with the power of sale in said Real Estate Mortgage, will proceed to sell at public outcry, for cash, to the highest bidder in front of the courthouse of said County, during the legal hours of sale, on the 9th day of May, 2017, the following described property conveyed by said Real Estate Mortgage, to-wit:



Commence at a point where the S1/2 of the NW1/4 of the NW1/4 of Sec. 35, T12S, R5W intersects the West R.O.W. of the Cold Springs Public Road; thence Southwesterly along said R.O.W. a distance of 240 feet to the point of beginning; thence continue along same line a distance of 150 feet to a point; thence an interior angle of 106°45' a distance of 210 feet to a point; thence an interior angle of 73°15' a distance of 150 feet to a point; thence an interior angle of 106°45' a distance of 210 feet to the point of beginning. Said land lying and being in the S1/2 of the NW1/4 of the NW1/4 of Sec. 35, T12S, R5W and containing .72 acre, more or less, in Cullman Couny, Alabama.



Subject to all mineral rights, easements, covenants or other interest of record.



The proceeds of said sale will be applied to the payment of said indebtedness to the United States of America, other charges and the expenses of sale, as provided in said Real Estate Mortgage to the United States of America.



UNITED STATES

OF AMERICA

Holder of said Mortgage



United States

Department of Agriculture

Rural Development

501 C 4th Street SW

Cullman AL 35055

April 18, 25 and May 2, 2017
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PostedApril 18, 2017