MORTGAGE FORECLOSURE SALE
MORTGAGE FORECLOSURE SALE
Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Arthur R. Sims and wife Barbara Sims, husband and wife, originally in favor of Mortgage Electronic Registration Systems, Inc., acting solely as nominee for One Reverse Mortgage, LLC, on July 17, 2013, said mortgage recorded in the Office of the Judge of Probate of Randolph County, Alabama, in Book 586 Page 286; the undersigned Reverse Mortgage Funding LLC, 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 Wedowee, Randolph County, Alabama, on January 12, 2023, during the legal hours of sale, all of its rights, title, and interest in and to the following described real estate, situated in Randolph County, Alabama, to-wit: A parcel of land containing one acre, more or less, located in the NW 1/4 of the SW 1/4 of Section 25, Township 19 South, Range 11 East, Randolph County, Alabama, described as follows: Commence at the intersection of the West line of said 1/4-1/4 section and the North boundary of New Hope-Avery Road; thence Easterly with said road boundary 200 feet to the point of beginning of this description; thence continue Easterly with said road boundary 300 feet; thence North 154 feet to a point on the North boundary of said NW 1/4 of SW1/4; thence West along said North 1/4-1/4 line 300 feet; thence Southerly 139 feet to the point of beginning.. Property street address for informational purposes: 1269 County Road 56, Wedowee, AL 36278. 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.
Reverse Mortgage Funding LLC, (“Transferee”) Tiffany & Bosco, P.A., 2311 Highland Avenue South, Suite 330, Birmingham, AL 35205
www.tblaw.com TB File Number: 22-08400 11/16/2022, 11/23/2022, 11/30/2022
(46-48)
