NOTICE OF FORECLOSURE
Default having been made in the payment of the indebtedness secured by that certain mortgage dated January 21, 2000, executed by Christopher Perry Shelnutt and wife, Natasha Shelnutt, to Southtrust Bank of Alabama, N.A., which mortgage was recorded on February 2, 2000, in Vol 398, Page 58 of the mortgage records in the Office of the Judge of Probate of Randolph County, Alabama, and which mortgage was duly transferred and assigned to LPP Mortgage LTD, notice is hereby given that pursuant to law and the power of sale contained in said mortgage, the undersigned will sell at public outcry, to the highest bidder for cash, in front of the Main entrance to the Randolph County Courthouse at Wedowee, Alabama, during the legal hours of sale on March 9, 2023, the following described real estate, situated in Randolph County, Alabama, to-wit:
One acre of land in the Southwest corner of the Northeast 1/4 of the Northwest 1/4 being bounded on the Northwest by the paved highway and on the East and Northeast by the J.R. Shelnutt home and on the South by the Southline of said Forty; situated, lying, and being in Section 8, Township 21, Range 13, Randolph County, Alabama.
This sale is made for the purpose of paying the indebtedness secured by said mortgage as well as expenses of foreclosure. 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 condition, 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.
The successful bidder must tender a non-refundable deposit of Five Thousand Dollars ($5,000.00) in certified funds made payable to Padgett Law Group at the time and place of sale. The balance of the purchase price must be paid in certified funds by noon on the second business day following the sale at the law firm of Padgett Law Group at 4245 Balmoral Drive SW, Suite 101, Huntsville, AL 35801. Padgett Law Group reserves the right to award the bid to the next highest bidders should the highest bidder fail to timely tender the total amount due.
LPP Mortgage, Inc. f/k/a LPP Mortgage LTD
Robert J. Wermuth/jmm
Padgett Law Group
4245 Balmoral Drive SW, Suite 101
Huntsville, AL 35801
Attorney for Mortgagee