WHEREAS, default has occurred in the performance of the covenants, terms and conditions of a mortgage from MICHAEL HOLLIS CAGLE AND SPOUSE MELISSA CAGLE to CITIFINANCIAL CORPORATION, LLC, on the 25th day of March, 2008, said mortgage recorded in the Office of the Judge of Probate of Marion County, Alabama, on March 27, 2008, in Deed/Mortgage Book 2008, Page 1370, Marion County, Alabama Records, said Mortgage having subsequently been transferred and assigned to U.S. Bank Trust National Association, as Trustee for LB-Ranch Series V Trust, by instrument recorded in the aforesaid Probate Office; notice is hereby given that the undersigned U.S. Bank Trust National Association, as Trustee for LB-Ranch Series V Trust, 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 in Hamilton, Marion County, Alabama, on January 12, 2024, during the legal hours of sale, all of its right, title, and interest in and to the following described real estate, situated in Marion County, Alabama, to-wit:
A 1.83 ACRES, MORE OR LESS, TRACT OR PARCEL OF LAND LYING AND BEING SITUATED IN THE EAST 1/2-SW 1/4-NE 1/4 OF SECTION 17, TOWNSHIP 9 SOUTH, RANGE 11 WEST, MARION COUNTY, ALABAMA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE SW CORNER OF SAID EAST 1/2-SW 1/4-NE 1/4 AND RUN THENCE NORTH 03 DEGREES 55 MINUTES EAST 819.95 FEET; RUN THENCE SOUTH 03 DEGREES 29 MINUTES EAST 115.18 FEET TO THE POINT OF BEGINNING OF THE TRACT TO BE DESCRIBED HEREIN; THENCE CONTINUE SOUTH 83 DEGREES 29 MINUTES EAST 44.82 FEET; RUN THENCE SOUTH 74 DEGREES 53 MINUTES EAST 170.02 FEET; RUN THENCE NORTH 02 DEGREES 57 MINUTES EAST 355.24 FEET TO THE SOUTH RIGHT-OF-WAY LINE OF ALABAMA HIGHWAY #172; RUN THENCE NORTH 70 DEGREES 44 MINUTES WEST ALONG SAID RIGHT-OF-WAY 235.90 FEET; RUN THENCE SOUTH 00 DEGREES 38 MINUTES WEST 388.23 FEET TO THE POINT OF BEGINNING.
THE ABOVE DESCRIPTION TAKEN FROM THAT CERTAIN SURVEY BY W.E. BATCHELOR, DATED OCTOBER 12, 1987, PLAT NO. 07-093, BOOK 45, PAGE 76-77.
SUBJECT TO ALL RESTRICTIONS, RESERVATIONS, RIGHTS, EASEMENTS, RIGHTS-OF-WAY, PROVISIONS, COVENANTS, TERMS, CONDITIONS AND BUILDING SET BACK LINES OF RECORD.
Said legal description being controlling, however the property is more commonly known as 819 HIGH AVE, BEAR CREEK, AL 35543.
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 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 in the county where the above-described property is situated. This property will be sold subject to the right of redemption of all parties entitled thereto and subject to any outstanding ad valorem taxes (including taxes which are a lien, whether or not now due and payable). This sale is made for the purpose of paying the indebtedness secured by said mortgage, as well as the expenses of foreclosure. 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 Trust National Association, as Trustee for LB-Ranch Series V Trust, Mortgagee/Transferee
THE BELOW LAW FIRM MAY BE HELD TO BE ACTING AS A DEBT COLLECTOR, UNDER FEDERAL LAW. IF SO, ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
Rubin Lublin, LLC, Attorney for Mortgagee/Transferee
11 N. Water Street, Suite 10290, Mobile, AL 36602
Telephone Number: (877) 813-0992 Case No. SNS-23-02810-2
rlselaw.com/property-listing
MLH
Dec 13, 20, 27