LEGAL NOTICE
NOTICE OF MORTGAGE FORECLOSURE SALE
STATE OF ALABAMA
COUNTY OF LAWRENCE
THIS IS AN ATTEMPT TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
Default having been made in the payment of the debt secured by that certain mortgage executed by Mark Anthony Gillespie and Sarita Ann Gillespie, Mortgagor(s), to Live Oak Banking Company, Mortgagee, on December 30, 2020, said mortgage being recorded on January 5, 2021 in the Probate Office of Lawrence County, Alabama in Book 835, Page 283, by reason of such default, having declared all the indebtedness secured by said mortgage due and payable, and such default continuing, notice is hereby given that, acting under the power of sale contained in said mortgage, Live Oak Banking Company will sell at public outcry, for cash, to the highest bidder, in front of the Courthouse door in the City of Moulton, Lawrence County, Alabama during the legal hours of sale on November 13, 2025 the following described real estate situated in Lawrence County, Alabama, to wit:
Begin at the southeast corner of the SW 1/4 of the NW 1/4 of Section 12, Township 6 South, Range 9 West; thence North 00° 47’ 06” East, 1332.41 feet to the Northeast corner of the SW 1/4 of the NW 1/4 of Section12, Township 6 South, Range 9 West; thence North 88° 46’ 13” West, along the North boundary of said quarter-quarter section, 528.00 feet, thence South 03° 37’ 17” West, 1333.65 feet to a point on the South boundary of said quarter-quarter section; thence South 88° 46’ 56” East, 594.00 feet to the point of beginning, containing 17.16 acres, lying and being located in the SW 1/4 of the NW of Section12, Township 6 South, Range 9 West, Lawrence County, Alabama.
ALSO:
Commence at the NW corner of SW 1/4 of Section 12, Township 6 South, Range 9 West; thence South 88° 46’ 57” East along North boundary of said quarter section; 571.62 feet to the point of beginning; thence South 15° 59’ 31” West 2141.63 feet to a point on the West boundary of said section; thence South 15° 59’ 31” West 92.98 feet to a capped iron pin; thence South 11° 24’ 37” West 59.18 feet to a point of intersection of the center of County Road #343, thence in a Southeasterly direction along County Road #343 go 100ft; thence North 15° 59’ 31” East 1200 feet to a point on an old East-West fence; thence head Easterly direction for 900 feet; thence North 01° 35’ 15” West 1275 feet to point on North boundary of SW 1/4 of said section; thence North 89° 09’ 08” West 757.76 feet to the point of beginning containing 27 acres, more or less, Lawrence County, Alabama.
Commonly known as: 5575 County Road 343, Town Creek, AL 35672
Tax ID #: 13-01-12-0-000-015.004.0
THIS PROPERTY WILL BE SOLD ON AN “AS IS, WHERE IS” BASIS, WITHOUT WARRANTY OR RECOURSE, EXPRESSED OR IMPLIED AS TO TITLE, USE AND/OR ENJOYMENT AND WILL BE SOLD SUBJECT TO THE RIGHT OF REDEMPTION OF ALL PARTIES ENTITLED THERETO.
Said sale will be made subject to any outstanding ad valorem taxes (including taxes which are a lien, whether or not now due and payable), any matters which might be disclosed by an accurate survey and inspection of the property, any assessments, liens, encumbrances, zoning ordinances, restrictions, covenants, and matters of record superior to the mortgage first set out above and restrictions of record in the Probate Office aforesaid, matters of survey, and to any Federal or State Tax liens, if any, and/or special assessments, if any, which might adversely affect the title to the premises.
Said sale will be made for the purpose of paying the indebtedness secured by the above described mortgage to Live Oak Banking Company, Mortgagee, and the proceeds thereof will be applied as provided for in the terms of said mortgage.
Alabama law gives some persons who have an interest in property the right to redeem the property under certain circumstances. Programs may also exist that help persons avoid or delay the foreclosure process. An attorney should be consulted to help you understand these rights and programs as a part of the foreclosure process.
The successful bidder must tender a non-refundable deposit of Five Thousand Dollars ($5,000.00) in certified funds made payable to McMichael Taylor Gray LLC at the time and place of the sale. The balance of the purchase price must be paid in certified funds by noon the next business day to McMichael Taylor Gray LLC at 3550 Engineering Drive, Suite 260, Peachtree Corners, GA 30092.
McMichael Taylor Gray, LLC reserves the right to award the bid to the next highest bidder should the highest bidder fail to timely tender the total amount due. The Mortgagee/Transferee reserves the right to bid for and purchase the real estate and to credit its purchase price against the expenses of sale and the indebtedness secured by the real estate. This sale is subject to postponement or cancellation.
Live Oak Banking Company
AS ATTORNEY IN FACT FOR
Mark Anthony Gillespie and Sarita Ann Gillespie
MARK A. BAKER, Attorney for Mortgagee
McMichael Taylor Gray, LLC
3550 Engineering Drive, Suite 260
Peachtree Corners, GA 30092
404-474-7149
MTG File No.: AL2025-00123
40-3
ADID 666132