TRUSTEE’S NOTICE
OF SALE OF REAL
ESTATE
KNOW ALL MEN BY THESE
PRESENTS: THAT, WHEREAS, by
deed of trust dated April 8,
2011, recorded in the Register’s
Office of Madison County,
Tennessee in Deed Book 1903,
page 990, et seq., William
Ricketts and wife, Bettie
Ricketts did convey in trust to
Neal Smith, Trustee, the real
estate hereinafter described to
secure the payment of the
principal sum of $67,984.84,
payable to the order of the
Chester County Bank,
Henderson, Tennessee,
evidenced by a certain
promissory note described in
said deed of trust and being
incorporated by reference;
and,
WHEREAS, said deed of trust
provided that in the event of a
default in the payment of the
indebtedness required to be
paid under said note, when the
same are due and payable, the
entire indebtedness shall, at
the option of the owner and
holder thereof, become due
and payable forthwith; and,
WHEREAS, default has been
made in the payment of said
indebtedness, now due, and
the owner and holder of said
note has declared the entire
unpaid balance now due and
payable, and has called upon
Neal Smith, the nominated
Trustee, to foreclose said deed
of trust according to the terms
and provisions thereof;
NOW, THEREFORE, by virtue
of the authority vested in me
as such Trustee under said deed
of trust, I will, on Friday,
November 17, 2017, offer for
sale and sell, at the front door
of the Courthouse in Jackson,
Madison County, Tennessee, at
1:30 P.M., to the last, highest
and best bidder, for cash in
hand and in bar of the equity
of redemption, the following
described real estate located
in MADISON COUNTY,
TENNESSEE, more particularly
bounded and described as
follows, towit:
BEGINNING at an iron pin on the
west margin of
Diamond Grove
Road (30 feet at right angles
from centerline) at the
southeast corner of Julius
Bowles as recorded in Deed
Book 506, page 15, in the
Register’s Office of Madison
County, Tennessee; thence with
the west margin of Diamond
Grove Road south 20° 34' 10"
west a distance of 116.34 feet
to a point; thence south 22° 33'
04" west a distance of 211.46
feet to an iron pin; thence with
new lines north 65° 54' 49" west
a distance of 319.69 feet to an
iron pin; thence north 14° 39'
09" east a distance of 187.85
feet to an iron pin on Bowles’
south line; thence with Bowles’
south line south 88° 45' east a
distance of 366.40 feet to the
point of beginning. Containing
1.98 acre, as surveyed by David
Hall Land Surveying Company,
R.L.S. No. 943, on March 2,
1999.
This is identical real estate
conveyed to William D. Ricketts
and wife, Bettie Ricketts from
Tommy Stout and wife, Betty
J. Stout by Warranty Deed
dated May 31, 2002, of record
in the Register’s Office of
Madison County, Tennessee, in
Deed Book 629, page 454.
SUBJECT TO THE RESTRICTION
THAT NO SINGLE WIDE
TRAILERS, DOUBLE WIDE
TRAILERS OR MANUFACTURED
HOMES SHALL BE BROUGHT
UPON OR PLACED UPON ANY
LOT WITHIN THE SAID
SUBDIVISION AS RECORDED OF
RECORD IN THE REGISTER’S
OFFICE OF MADISON COUNTY,
TENNESSEE, IN DEED BOOK 594,
PAGE 367.
SUBJECT TO A 40 FOOT
SETBACK ON THE EAST SIDE AS
SHOWN ON A PLAT OF RECORD
IN THE REGISTER’S OFFICE OF
MADISON COUNTY, TENNESSEE,
IN PLAT BOOK 8, PAGE 82.
Street Address: 550 Diamond
Grove Road, Beech Bluff,
Tennessee 38313
Liens in favor of the United
State or the State of
Tennessee: None
Map 125, Parcel 34.02, Madison
County Tax Assessors Office
Other parties interested in this
property: None
Said sale shall be made
subject to any outstanding
indebtedness, taxes, or other
encumbrances which may
constitute a valid prior lien
against said property, if any.
Said property shall be sold and
conveyed by the undersigned as
Trustee only, and not further or
otherwise, and the buyer shall
rely upon his own good
judgment and investigation as
to the status of title.
The right is reserved to
adjourn the day of the sale to
another day, time, and place
certain without further
publication, upon
announcement at the time and
place for the sale set forth
above.
If the highest bidder cannot
pay the bid within twenty-four
(24) hours of the sale, the next
highest bidder, at their highest
bid, will be deemed the
successful bidder.
This property is being sold
with the express reservation
that the sale is subject to
confirmation by the lender of
trustee. This sale may be
rescinded at any time.
This office is a debt
collector. This is an attempt to
collect a debt and any
information obtained will be
used for that purpose.
Dated at
Henderson, Tennessee, this
October ________, 2017.
_______________________________,
TRUSTEE
Neal Smith
Published:
October 26,
November 2 and November 9,
2017