SUBSTITUTE TRUSTEE’S SALE
Sale at public auction will be on February 26, 2020 at 1:00 PM local time, at the south doot, at the Clay County Courthouse, Clay County Community Building, 145 Cordell Hull Drive, Celina, Tennessee, pursuant to Deed of Trust executed by Ricky L. Barnett, an unmarried man, to Emmett James House or Bill R. McLaughlin, Trustee, as trustee for Mortgage Electronic Registration Systems, Inc. (“MERS”), solely as nominee for Regions Bank d/b/a Regions Mrtgage on October 23, 2008 at Book TD114, Page 40, Instrument No. 08001212; conducted by Sharpio & Ingle, LLP, having been appointed Substitute or Successor Trustee, all of of record in the Clay County Registers Office. Default has occurred in the performance of the covenants, terms and conditions of said Deed of Trust and the entire indebtedness has been declared due and payable.
Party Entitled to Enforce the Debt: Regions Bank dba Regions Mortgage, its successors and assigns.
The real estate located in Clay County, Tennessee, and described in the said Deed of Trust will be sold to the highest call bidder. The terms of the said Deed of Trust may be modified by other instruments appearing in the public record. Additional identifying information regarding the collateral property is below and is believed to be accurate, but no representation or warrant is intended.
Street Address: 238 Lonnies Ln, Celina, Tennessee 38551
Parcel Number: 078-005.11
Current Owner(s) of Property: Jennifer Barnett, widow of Ricky L. Barnett (79% interest) and Luke Alonso (21% interest).
This sale is subject to without limitation, all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory right of redemption of any governmental agency, state or federal; any prior liens or encumbrances including those created by a fixture filing or any applicable homeowners’ association dues or assessments; all claims or other matters, whether of record or not, which may encumber the purchaser’s title and any matter that an accurate survey of the premises might disclose.
The following parties may claim an interest in the above-referenced property to be affected by the foreclosure; any judgment creditor or lien holder with an interest subordinate to the said Deed of Trust or any party claiming by, through, or under any of the foregoing. Such parties known to the Substitute Trustee may include: Richard Brotherton and wife, Belinda Brotherton c/o Daryl A. Colson, Attorney; All parties claiming by, through, or under Ricky Barnett, Deceased.
The United States Internal Revenue Service has filed notice(s) of lien at : Federal Tax Lien against Luke L. Alonso recorded April 6, 2018 at Book LN6, 489. Clay County Registry. Notice required by 26 U.S.C. § 7425(b) to be given to the United States has been timely given. The sale of the land described above will be subject to the right of the United States to redeem the land as provided for in 26 U.S.C. §7425(d)(1).
Terms of Sale will be public auction, for cash, free and clear of rights of homestead, redemption and dower to the extent disclaimed or inapplicable, and the rights of Ricky L. Barnett, an unmarried man, and those claiming through him/her/it/them.
Any right of equity of redemption, statutory and otherwise, and homestead are waived in accord with the terms of said Deed of Trust, and the title is believed to be good, but the undersigned will sell and convey only as Substitute Trustee.
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 you purchase a property at the foreclosure sale, the entire purchase price is due and payable at the conclusion of the auction in the form of a certified/bank check made payable to or endorsed to Sharpio & Ingle, LLP. No personal checks will be accepted. To this end, you must bring sufficient funds to outbid the lender and any other bidders. Insufficient funds will not be accepted. Amounts received in excess of the winning bid will be refunded to the successful purchaser at the time the foreclosure deed is delivered.
This property is being sold with the express reservation that the sale is subject to confirmation by the lender or trustee. This sale may be rescinded only by the Substitute Trustee at any time. If the Substitute Trustee rescinds the sale, the purchaser shall only be entitled to a return of any money paid towards the purchase price and shall have no other recourse. Once the purchaser tenders the purchase price, the Substitue Trustee may deem the sale final in which case the purchaser shall have no remedy. The real property will be sold AS IS, warranties regarding condition of the property or marketability of title.
This office may be a debt collector. This may be an attempt to collect a debt and any information obtained may be used for that purpose.
Sharpio & Ingle, LLP
10130 Perimeter Parkway, Suite 400
Phone: (704) 333-8107
Fax: (704) 333- 8156
File No. 10-012479
1-28, 2-4, 2-11 3TC