Details for MORTGAGE FORECLOSURE SALE

MORTGAGE FORECLOSURE SALE Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Billy W. Watson and Virginia E. Watson, husband and wife, originally in favor of James B. Nutter & Company, on the 13th day of April, 2009, said mortgage recorded in the Office of the Judge of Probate of Marshall County, Alabama, in Book 4645 Page 24; the undersigned Reverse Mortgage Funding LLC, 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 Guntersville, Marshall County, Alabama, on March 16, 2020, during the legal hours of sale, all of its right, title, and interest in and to the following described real estate, situated in Marshall County, Alabama, to-wit: Commencing at the Northwest corner of the Southeast fourth of the Northeast fourth of Section 5, Township 8 South, Range 1 East in Marshall County, Alabama; thence South along the West line of said forty 250 feet to the point of beginning for the property herein described; thence South 81 degrees 30 minutes East 315 feet to a point in the center of a public road; thence South 45 degrees 33 minutes West along the center of said road 437 feet to the West line of said forty; thence North along the West line of said forty 350 feet to the point of beginning, lying and being in the Southeast fourth of the Northeast fourth of Section 5, Township 8 South, Range 1 East in Marshall County, Alabama, subject to road right of way easement off the Southeast side thereof. Property street address for informational purposes: 2576 Mat Morrow Road, Arab, AL 35016 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 Sirote & Permutt, P.C. 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 Sirote & Permutt, P.C. at the address indicated below. Sirote & Permutt, P.C. 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. Reverse Mortgage Funding LLC, Mortgagee/Transferee Elizabeth Loefgren SIROTE & PERMUTT, P.C. P. O. Box 55727 Birmingham, AL 35255-5727 Attorney for Mortgagee/Transferee www.sirote.com/foreclosures 458155 3tc:2/1;2/8;2/15/2020

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