MORTGAGE FORECLOSURE SALE Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Jerome Royster, an unmarried person, originally in favor of Compass Bank, on the 9th day of June, 2003, said mortgage recorded in the Office of the Judge of Probate of Limestone County, Alabama, in RLPY Book 2003 Page 39390; having been modified by Loan Modification Agreement recorded in RLPY Book 2007 Page 10323; the undersigned Compass Bank, 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 Athens, Limestone County, Alabama, on April 5, 2017, during the legal hours of sale, all of its right, title, and interest in and to the following described real estate, situated in Limestone County, Alabama, to-wit: The following property description is derived from the plat of Boundary and Improvement Survey for Jerome Royster, by Athens Land Surveying Company, AL. Reg. No. CA-0292- LS, dated, May 7, 2003, and being made a part of this property description. 1.04 acres lying in the Southwest Quarter of the Southwest Quarter of Section 27, Township 2 South, Range 3 West, Limestone County, Alabama, and being more particularly described as follows: Commencing at the Southeast corner of the Southwest Quarter of the Southwest Quarter of said Section 27; Thence North 00 degrees 45 minutes 00 seconds West along the East boundary of the Southwest Quarter of said Section 27 for a distance of 896.0 feet to a point in the center of Copeland Road; Thence South 70 degrees 30 minutes 00 seconds West for a distance of 367.0 feet to an existing railroad spike in the center of said Copeland Road at the Point of Beginning of the herein described property; Thence from Point of Beginning, along Copeland Road as it curves to the left, said curve having a radius of 3319.0 feet, an arc length of 174.33 feet, a chord bearing of South 78 degrees 38 minutes 19 seconds West for a chord distance of 174.31 feet to an existing railroad spike; Thence leaving Copeland Road, South 00 degrees 00 minutes 00 seconds West for a distance of 240.0 feet to an iron pin, passing an iron pin reference point at a distance of 27.67 feet; Thence South 86 degrees 10 minutes 20 seconds East for a distance of 175.0 feet to an iron pin; Thence North 00 degrees 47 minutes 13 seconds West for a distance of 283.0 feet to the Point of Beginning, passing an iron pin reference point at a distance of 256.0 feet; containing 1.04 acres; AND BEING SUBJECT TO: A portion of the Right-of-Way of Copeland Road along the North boundary as shown on the hereon attached plat, said Right-of-Way containing 0.10 acres. Property street address for informational purposes: 27290 Copeland Road, Athens, AL 35613 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 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. Compass Bank, Mortgagee/Transferee Rebecca Redmond SIROTE & PERMUTT, P.C. P. O. Box 55727 Birmingham, AL 35255-5727 Attorney for Mortgagee/Transferee www.sirote.com/foreclosures 256769 The News Courier February 7, February, 14, February 21, 2017
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