NOTICE OF SUBSTITUTE TRUSTEE’S SALE OF REAL ESTATE
WHEREAS, on March 20, 2017, NATHAN SHIDLER, by Deed of Trust of record
in Book T2041, at Page 1797, in the Register’s Office of Madison
County, Tennessee, conveyed the following described property in trust
to secure the payment of a Promissory Note in the original principal
amount of Forty One Thousand and 00/100 Dollars ($41,000.00), payable
to CENTENNIAL BANK; and
WHEREAS, the undersigned was appointed Substitute Trustee by
Centennial Bank, which appointment will be recorded in the Register’s
Office of Madison County, Tennessee prior to the deed evidencing this
sale; and
WHEREAS, default has been made in the payment of said indebtedness and
other provisions of the Deed of Trust have been violated, and
CENTENNIAL BANK, the lawful owner and holder of the indebtedness, has
declared the entire amount due and payable as provided by the Deed of
Trust in accordance with its terms, and instructed the undersigned to
foreclose.
NOW, THEREFORE, the public is hereby notified that the undersigned
Substitute Trustee will sell the hereinafter described real estate at
public auction, to the highest and best bidder, for cash in hand paid,
at the north door of the Courthouse at Jackson, Madison County,
Tennessee, on Tuesday, May 15, 2018, at 1:00 p.m., said property to be
sold in bar of the equity of redemption and subject to the lien of all
special assessments against it. If the highest bidder cannot pay the
bid within a reasonable time to be announced at the sale, the next
highest bidder will be deemed the successful bidder.
Lying, and being situate in the 5th Civil District of Madison County,
Tennessee, bounded and described as follows; to-wit:
BEGINNING on a stake at the southwest corner of Preston and Stonewall
Streets, and runs thence West with the south margin of Preston Street
75 feet to Burus corner; thence South 145 feet to an alley; thence
East with the north margin of said alley 75 feet to Stonewall Street;
thence North with the west margin of Stonewall Street 145 feet to the
beginning. (Description taken from prior deed of record.)
It being the same property as that described in a Warranty Deed from
David Williams to Nathan Shidler, dated March 20, 2017, and of record
in Book D739, at Page 230, in the Register’s Office of Madison County,
Tennessee.
Map 078J, Group E, Parcel 010.00
The street address of the above described property is believed to be
432 Preston, Jackson, Tennessee, but such address is not part of the
legal description of the property sold herein and in the event of any
discrepancy, the legal description herein shall control.
SALE IS SUBJECT TO TENANT(S) RIGHTS IN POSSESSION, IF ANY.
This sale is subject to all matters shown on any applicable recorded
plat; any unpaid taxes; any restrictive covenants, easements, or
setback lines that may be applicable; any statutory rights of
redemption of any governmental agency, state or federal; any prior
liens or encumbrances as well as any priority created by a fixture
filing; and to any matter that an accurate survey of the premises
might disclose. Other interested parties: None.
This property is subject to the Restrictive Covenants of record in
Trust Deed Book 839 at Page 282, in the Register’s Office of Madison
County, Tennessee.
Title to said property is believed to be good, but the undersigned
will sell as Substitute Trustee only and will assign to the purchaser
all covenants of warranty contained in said Deed of Trust.
The sale held pursuant to this Notice may be rescinded at the
Successor Trustee’s option at any time. Said sale may be adjourned to
another time or may be postponed to another date by public
announcement at the appointed time of sale without readvertisement.
This office is a debt collector. This is an attempt to collect a debt
and any information obtained will be used for that purpose.
WITNESS my signature, this the 24th day of April, 2018.
KIZER, BONDS, HUGHES & BOWEN, LLC
BY: STEPHEN L. HUGHES
Substitute Trustee
P. O. Box 320
Milan, Tennessee 38358
(731) 686-1198
INSERTION DATES: April 26, 2018, May 3, 2018, May 10, 2018