NOTICE OF FORECLOSURE SALE
125 Cooper Anderson Rd
WHEREAS, on July 26, 2013, Michael Krasner and Janet Lee Krasner executed an Open End
Deed of Trust, (ADeed of Trust@) in favor of Jerry P. Spore, Trustee, to secure the obligations under an
Equity Credit Line Agreement described therein (the “Note”), the same being payable to BancorpSouth
Bank, a division of Cadence Bank, with said Deed of Trust being of record in Trust Deed Book 1968
Page 882 on December 13, 2013 as modified by instrument of record in Trust Deed Book 2068 Page
1399 (the “Trust Deed”) in the Register’s Office for Madison County, Tennessee (the “Register’s
Office”); and
WHEREAS, Michael Krasner is deceased, having passed away on July 25, 2020 and Janet Lee
Krasner is deceased having passed away on October 20, 2021; and
WHEREAS, default has been made in the payment of the Note; and
WHEREAS, the owner and holder of the Note has demanded that the hereinafter described real
property be advertised and sold in satisfaction of indebtedness and costs of foreclosure in accordance with
the terms and provisions of the Note and Deed of Trust; and
WHEREAS, the Trustee conducted a diligent search of the Defense Manpower Data Center
(DMDC) website for each known borrower in compliance with the Service Members Civil Relief Act
(SCRA) and determined that borrower were 1) not members of the Armed Forces of the United States of
America and had not been members of any such service or force for at least twelve (12) months prior to
the date of the foreclosure sale or 2) were members of the Armed Forces of the United States of America
at the time that the security agreement was executed and as such, the foreclosure and sale of this property
is not subject to the SCRA provisions of 50 USC § 501 et. seq.; and
NOW THEREFORE, notice is hereby given that I, Jerry P. Spore, Trustee, pursuant to the power,
duty, and authority vested in and conferred upon me, by the Deed of Trust, will on Wednesday, August 3,
2022, at 11:30 a.m. at the customary door of the Madison County Courthouse in Jackson, Tennessee,
offer for sale to the highest bidder for cash, certified check, or cashier’s check, and free from all legal,
equitable, and statutory rights of redemption, exemptions of homestead, rights by virtue of marriage, and
all other exemptions of every kind, all of which have been waived in the Deed of Trust, certain real
property located in Jackson, Madison County, Tennessee, described as follows:
Tax Map 043 Parcel 065.01
Beginning at a point in the centerline of the Cooper Anderson Road, said point being the
northeast corner of the Barker tract; runs thence South 58 degrees East with the centerline
of said Cooper Anderson Road a distance of 334 feet to a point; thence South 43 degrees 30
minutes east with the centerline of the Cooper Anderson Road a distance of 82 feet to a
point in the northeast corner of the Rush tract; thence in a southwesterly direction with the
north margin of the Rush tract a distance of 296 feet to a point in the northwest corner of
the Rush tract, said point being the east margin of the Barker tract; thence North 9 degrees
30 minutes West with the east margin of the Barker tract a distance of 289 feet to the point
of beginning.
Being the same property conveyed to Janet Krasner by Quitclaim Deed of record in Deed
Book 764, Page 205, in the Register's Office of Madison County, Tennessee.
The street address of the property is 125 Cooper Anderson Road, Jackson Tennessee 38305.
All right and equity of redemption, statutory and otherwise, homestead and dower, are expressly
waived in the said Deed of Trust. Title is believed to be good, but the Trustee will make no covenant of
seisin, marketability of title or warranty of title express or implied and sell and convey only as Trustee.
The property shall be sold AS IS, WHERE IS AND WITH ALL FAULTS and without any
representations or warranties of any kind whatsoever, whether express or implied
The sale of the property shall be made subject to any and all prior liens, encumbrances, deeds of
trust, easements, restrictions, building lines, unpaid taxes and assessments (plus penalty and interest, if
any) and matters of record, plus any and all other matters and encumbrances superior in right to the lien of
the Deed of Trust. Further, such sale is also subject to any matter that on site inspection or accurate
survey of the property might disclose.
The Trustee reserves the right to make oral announcements at the time of the public sale which
shall apply to the terms of the sale and further, reserves the right to adjourn the day of sale to another day
certain without further publication, upon announcement at the time set forth above.
JERRY P. SPORE, TRUSTEE
Spragins, Barnett & Cobb, PLC
312 E Lafayette
Jackson, TN 38301
(731) 424-0461
Publication dates:
July 7, 2022
July 14, 2022
July 21, 2022