NOTICE OF FORECLOSURE
Default having been made in the payment of the indebtedness secured by that certain mortgage dated February 15, 2000, executed by Lorenzo J. Linson, a married man, to Chase Manhattan Mortgage Corporation, which mortgage was recorded on February 17, 2000, in Vol 399, Page 05 and modified by that certain Loan Modification Agreement recorded on July 31, 2019 in Mortgage Book 642, Page 640; further modified by that certain Loan Modification Agreement recorded on March 24, 2020 in Mortgage Book 649, Page 188; further modified by that certain Extension Modification Agreement recorded on June 16, 2021 in Mortgage Book 667, Page 522, of the mortgage records in the Office of the Judge of Probate of Randolph County, Alabama, 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 September 8, 2023, the following described real estate, situated in Randolph County, Alabama, to-wit:
A portion of Lot 1 of the Calhoun Subdivision as recorded in Plat Book 1, Page 145, as found in the office of the Judge of Probate of Randolph County, Alabama, and being more particularly described as follows: Commencing at the Southwest corner of Lot 1 of said Calhoun Subdivision, said point being at the intersection of the Easterly R/W line of Doublehead Road with the Northerly R/W line of Shady Branch Drive; thence S 87 degrees 00 minutes 00 seconds E, along last mentioned R/W line, 144.83 feet to the true point of beginning of the parcel of land herein described; thence leaving said R/W line N 00 degree 54 minutes 30 seconds W, 149.46 feet; thence S 86 degrees 54 minutes 23 seconds E, 138.94 feet; thence S 03 degrees 15 minutes 26 seconds E, 149.77 feet to the Northerly R/W line of said Shady Branch Drive; thence N 87 degrees 00 minutes 00 seconds W, along said R/W line, 145.08 feet to the true point of beginning. Said parcel of land lying in Section 3, Township 22 South, Range 12 East, Roanoke, Randolph County, Alabama, and containing 0.485 acre, more or less, according to that certain survey prepared by Henry K. McBride, Ala. Reg. No. 12706 and dated February 14, 2000.
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 full funds at the conclusion of the sale in the form of a certified check made payable or endorsed to Padgett Law Group. No personal checks will be accepted. To this end, you must bring sufficient funds to outbid the lender and any other bidders. Insufficient funds will not be accepted. Amounts received in excess of the winning bid will be refunded. 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.
JPMorgan Chase Bank, N.A.., S/B/M Chase Home Finance LLC, S/B/M to Chase Manhattan Mortgage Corporation
Robert J. Wermuth/jmm
Padgett Law Group
4245 Balmoral Drive SW, Suite 101
Huntsville, AL 35801
Attorney for Mortgagee