Default having been made in the payment of the indebtedness secured by that certain mortgage dated June 9, 2017, executed by Jenny James and Paul James, husband and wife, to Mortgage Electronic Registration Systems, Inc. acting solely as nominee for CIS Financial Services, Inc., DBA CIS Home Loans, which mortgage was recorded on June 22, 2017, in Book 2017, Page 2191, and modified by that certain Loan Modification Agreement recorded on August 10, 2023, in Book 2023, Page 9470, of the mortgage records in the Office of the Judge of Probate of Marion County, Alabama, and which mortgage was duly transferred and assigned to Servbank, SB, 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, at the West Side entrance to the Marion County Courthouse at Hamilton, Alabama, during the legal hours of sale on May 10, 2024, the following described real estate, situated in Marion County, Alabama, to-wit:
The land referred to herein below is situated in the County of Marion, State of Alabama, and is described as follows:
A tract of land containing 0.4 acre, more or less, "Lying in and being situated in the NW 1/4 of SE 1/4 of Section 21, Township 10 South, Range 14 West, Marion County, Alabama, more particularly described as follows, to -wit: "Beginning at the Northwest Corner of the SW 1/4 of NE 1/4 of said Section 21; Thence run South 13 degrees 33 minutes West a distance of 192.8 feet; thence South 33 degrees 52 minutes East a distance of 1,022.6 feet; thence South 28 degrees 42 minutes East a distance of 763.3 feet; thence South 36 degrees 45 minutes East a distance of 396.2 feet; thence South 42 degrees 30 minutes East a distance of 358.3 feet to an iron pin located on the East Right-of-Way of a gravel road, the point of beginning of the land herein described; thence North 39 degrees 30 minutes West and along the East Right-of-Way of said gravel road a distance of 163 feet: To an iron pin; thence North 61 degrees 25 minutes East a distance of 120 feet to an iron pin; thence South 58 degrees 48 minutes East a distance of 85 feet to an iron pin located on the West Right-of-Way of a gravel drive; thence Southwesterly and along said West Right-of-Way a distance of 160 feet to the Point of Beginning of the lands herein described.
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.
Servbank, SB
Transferee
Robert J. Wermuth/jmm
Padgett Law Group
4245 Balmoral Drive SW, Suite 101
Huntsville, AL 35801
Attorney for Mortgagee
JJP
APR 3, 10, 17, 24