• MORTGAGE FORECLOSURE SALE ...

MORTGAGE

FORECLOSURE SALE



Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Derek Lynn, a married man, and Michelle Lynn, His wife, originally in favor of Mortgage Electronic Registration systems, Inc., as nominee for Quicken Loans, Inc., on the 18th day of February, 2013, said mortgage recorded in the Office of the Judge of Probate of Cullman County, Alabama, in Mtg Book 1700 Page 948; the undersigned U.S. Bank National Association, Not In Its Individual Capacity But Solely As Trustee For The RMAC Trust, Series 2016-CTT, 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 Cullman, Cullman County, Alabama, on January 26, 2018, during the legal hours of sale, all of its right, title, and interest in and to the following described real estate, situated in Cullman County, Alabama, to-wit:



Commence at the Southwest corner of the NE 1/4 of the NE 1/4 of Section 17, Township 10 South, Range 4 West; thence North 89 degrees 56 minutes 24 seconds East 673.22 feet to an existing iron; thence North 1 degree 43 minutes 07 seconds West 502.61 feet to an iron 1/2 inch capped rebar set, and the Point of Beginning; thence North 2 degrees 59 minutes 25 seconds West 210.00 feet to an iron 1/2 inch rebar set; thence North 87 degrees 00 minutes 35 seconds East 210.00 feet to an iron 1/2 inch capped rebar set; thence South 2 degrees 59 minutes 25 seconds East 210.00 feet to an iron 1/2 inch capped rebar set; thence South 87 degrees 00 minutes 35 minutes West 210 feet back to the Point of Beginning. Said land lying in the NE 1/4 of the NE 1/4 of Section 17, Township 10 South, Range 4 West, Cullman County, Alabama.



Also a 20 foot right of way along an existing gravel drive the centerline of which is described as follows: Commence at the Southwest corner of the NE 1/4 of the NE 1/4 of Section 17, Township 10 South, Range 4 West; thence North 89 degrees 56 minutes 24 seconds East 673.22 feet to an existing iron; thence North 1 degree 43 minutes 07 seconds West 502.61 feet to an iron 1/2 inch capped rebar set; thence North 2 degrees 59 minutes 25 seconds West 128.63 feet to a point in the center of an existing gravel drive and the Point of Beginning of the centerline of said 20 foot right of way; thence along said drive the following bearings and distances; thence North 69 degrees 25 minutes 32 seconds West 36.71 feet; thence North 78 degrees 46 minutes 18 seconds West 63.61 feet; thence South 69 degrees 04 minutes 06 seconds West 52.86 feet; thence South 10 degrees 08 minutes 19 seconds West 102.40 feet; thence South 18 degrees 46 minutes 32 seconds West 74.33 feet; thence South 24 degrees 55 minutes 25 seconds West 84.44 feet; thence South 24 degrees 39 minutes 24 seconds West 104.84 feet; thence South 22 degrees 38 minutes 50 seconds West 95.95 feet; thence South 26 degrees 06 minutes 12 seconds West 93.17 feet; thence South 49 degrees 03 minutes 00 seconds West 67.83 feet; thence South 59 degrees 18 minutes 08 seconds West, 91.39 feet; thence South 85 degrees 56 minutes 12 seconds West 76.60 feet; thence North 59 degrees 01 minutes 29 seconds West 95.81 feet; thence South 42 degrees 19 minutes 37 seconds West 38.83 feet; thence South 5 degrees 33 minutes 35 seconds West 71.19 feet; thence South 0 degree 48 minutes 50 seconds East 64.50 feet thence South 1 degree 01 minutes 28 seconds West 72.60 feet; thence South 14 degrees 16 minutes 21 seconds West 51.02 feet to a point on the North right of way of a paved county road and the point of ending of the centerline of said 20 foot right of way.



Property street address for informational purposes: 202 County Rd 826, Cullman, AL 35057



THIS PROPERTY WILL BE SOLD ON AN “AS IS, WHERE IS” BASIS, SUBJECT TO ANY EASEMENTS, ENCUMBRANCES, AND EXCEPTIONS REFLECTED IN THE MORTGAGE AND THOSE CONTAINED IN THE RECORDS OF THE OFFICE OF THE JUDGE OF PROBATE OF THE COUNTY WHERE THE ABOVE-DESCRIBED PROPERTY IS SITUATED. THIS PROPERTY WILL BE SOLD 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 Sirote & Permutt, P.C. at the time and place of the sale. The balance of the purchase price must be paid in certified funds by noon the next business day at the Law Office of Sirote & Permutt, P.C. at the address indicated below. Sirote & Permutt, P.C. 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.



U.S. Bank National

Association, Not In

Its Individual Capacity

but Solely As Trustee

For The RMAC Trust,

Series 2016-CTT,

Mortgagee/Transferee



Elizabeth Loefgren

SIROTE & PERMUTT, P.C.

P. O. Box 55727

Birmingham, AL 35255-5727

Attorney for Mortgagee/

Transferee

www.sirote.com/foreclosures

417470

December 7, 14 and 21, 2017
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PostedDecember 07, 2017