Details for DS8-04731-Luxury/Picciano Foreclosure NOTICE OF SALE UNDER POWER Under and by

Updated

DS8-04731-Luxury/Picciano Foreclosure

NOTICE OF SALE UNDER POWER

Under and by virtue of the power of sale in that certain Deed to Secure Debt from Luxury Cars Holdings, LLC and Picciano Family Business, LLC to Lafayette Lending, LLC, found at Deed Book 3558 Page 706, Douglas County Records and dated December 21, 2017 in the principal amount of $236,000.00, with late payment interest at the rate specified therein, and because of the default in the payment of indebtedness secured by said Security Deed, Lafayette Lending, LLC having declared the entire amount of said indebtedness due and payable pursuant to the power of sale contained in said Security Deed, will on the first Tuesday of September 2018, during the legal hours of sale, at the courthouse door of Douglas County, Georgia, sell at public outcry to the highest bidder for cash the following property described in the said deed to wit: All That tract or parcel of landing lying and being in Land Lot 155 of the 1st District and 5th Section of Douglas County, Georgia, and being Lot 106 as Shown upon the final plat of tributary at New Manchester, Parcel A, Section 1, as shown per plat of survey filed of record in Plat Book 32, Pages 237 and 238; and being lots 45 and 89 as shown upon the final plat of tributary at New Manchester, Parcel A, Section 2, as shown per plat of survey filed of record in Plat Book 32, Pages 239, 240, and 241, Douglas County, Georgia records; Lot 29 as shown upon the final plat of tributary at New Manchester, Parcel A, Section 3, as shown per plat of survey filed of record in Plat Book 32, Pages 242, 243, and 244; and Lots 141, 152, and 169 as shown upon the final plat of tributary at New Manchester, Parcel A, Section 4, as shown per plat of survey filed of record in Plat Book 32, Pages 245-248, Douglas County, Georgia records, which plats of survey by reference thereto are incorporated in this description. Chris Mataja is the individual who has full authority to negotiate, amend and modify all terms of the security deed. The property is being sold subject to: (a) any outstanding ad valorem taxes (including taxes which are a lien, but not yet due and payable); (b) any outstanding Georgia Department of Revenue liens (c) unpaid water or sewage bills that constitute a lien against the property whether due and payable or not yet due and payable and which may not be of record; (d) the right of redemption of any taxing authority; (e) any matters which might be disclosed by an accurate survey and inspection of the property, and any assessments, liens, encumbrances, zoning ordinances, restrictions, covenants, and matters of record superior to the Security Deed first set out above. The sale is being conducted subject to (1) confirmation that the sale is not prohibited under the U.S. Banruptcy Code and (2) final confirmation and audit of the loan with the holder of the security deed. Pursuant to O.C.G.A. § 9-13-172.1, which allows for certain procedures regarding the rescission of judicial and non-judicial sales in the State of Georgia, the Deed Under Power and other foreclosure documents may not be provided until final confirmation and audit of the status of the loan as provided immediately above. Notice has been given of this foreclosure and of the intention to collect attorneys’ fees in accordance with the terms of the note at least 30 days prior to the scheduled sale by writing, sent certified return receipt mail and regular mail to the debtor. Said property is being sold as the property of Luxury Cars Holdings, LLC and Picciano Family Business, LLC and the proceeds of the sale will be applied to the payment of said indebtedness, the expense of said sale, as provided in said deed, and the undersigned will execute a deed to the purchaser as provided in the aforementioned Security Deed, Lafeyette Lending, LLC attorney in fact for Luxury Cars Holdings, LLC and Picciano Family Business, LLC by virtue of that Security Deed found at Douglas County Deed Book 3558 Page 706. THIS LAW FIRM IS ACTING AS A DEBT COLLECTOR AND IS ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. For information concerning this sale contact: John Ayoub Ayoub & Mansour LLC 675 Seminole Avenue, Suite 301 Atlanta, Georgia 30307 Telephone: 404.892.2599 Facsimile: 404.806.7414

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