MORTGAGE FORECLOSURE SALE
Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Freda Farris Naman, unmarried, originally in favor of Mortgage Electronic Registration Systems, Inc. as nominee for Reverse Mortgage Solutions, Inc., on the 15th day of June, 2015, said mortgage recorded in the Office of the Judge of Probate of Mobile County, Alabama, in Bk: LR7278, Pg: 1746; the undersigned Reverse Mortgage Solutions, Inc., 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 Mobile, Mobile County, Alabama, on March 29, 2018, during the legal hours of sale, all of its right, title, and interest in and to the following described real estate, situated in Mobile County, Alabama, to-wit: Lot 11 Country Club Woods, Part C, as per plat thereof recorded in Map Book 19, Page 107 of the records in the Office of the Judge of Probate, Mobile County, Alabama. Property street address for informational purposes: 728 Spring Station Rd , Mobile, AL 36609. 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.
Reverse Mortgage Solutions, Inc., Mortgagee/Transferee. Ginny Rutledge
SIROTE & PERMUTT, P.C. P. O. Box 55727 Birmingham, AL 35255-5727
Attorney for Mortgagee/Transferee www.sirote.com/foreclosures
Lagniappe HD Feb. 14, 21, 28, 2018