MORTGAGE FORECLOSURE SALE
Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Flora R. Smith and Dennis A. Pruett, husband and wife, originally in favor of Mortgage Electronic Registration Systems, Inc., as nominee for GMAC Mortgage Corporation dba ditech.com, on the 22nd day of December, 2004, said mortgage recorded in the Office of the Judge of Probate of Randolph County, Alabama, in Book 475, Page 539; the undersigned Wells Fargo Bank, National Association, as Indenture Trustee for GMACM Home Equity Loan Trust 2004-HE5, 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 September 15, 2020, during the legal hours of sale, all of its right, title, and interest in and to the following described real estate, situated in Randolph County, Alabama, to-wit:
All that parcel of Land in City of Wedowee Randolph County, State of Alabama as more fully described in Deed Book 309, Page 668 ID # 92100 being known and designated as
All land West of the unnamed road (County Road 33) in the South 1/4 of the Northeast 1/4 of the Northeast 1/4 of Section 35, Township 20 South Range 11 East, Randolph County, Alabama being 9 acres, more or less
Property street address for informational purposes: 13325 County Road, 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 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.
Wells Fargo Bank, National Association, as Indenture Trustee for GMACM Home Equity Loan Trust 2004-HE5, Mortgagee/Transferee
TIFFANY & BOSCO, P.A.
2311 Highland Avenue South
Birmingham, AL 35205
Attorney for Mortgagee/Transferee