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NOTICE OF FORECLOSURE SALE ...

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NOTICE OF FORECLOSURE SALE

Default having been made in the payment of the indebtedness secured by that certain mortgage executed by Gerald Wayne Adams, Jr. and Terrie H. Adams, husband and wife, to Mortgage Electronic Registration Systems, Inc., as Mortgagee, as nominee for JFQ Lending, LLC, its successors and assigns, on September 29, 2022, said mortgage being recorded in the Office of the Judge of Probate of Limestone County, Alabama, on October 6, 2022 at Book 2022, at Page 85457, and said mortgage being re-recorded on January 9, 2023, at Book 2023, at Page 1547. University Credit Union, the current holder, under and by virtue of the power of sale contained in said mortgage, will sell at public outcry to the highest bidder for cash, in front of the main entrance of the Limestone County Courthouse, in Athens, Alabama, on July 24, 2025, during the legal hours of sale, the following described real estate, situated in Limestone County, Alabama, to-wit:

All the following described real estate situated in LIMESTONE County, Alabama, to-wit:
TRACT C:
A TRACT OR PARCEL OF LAND BEING A PART OF TRACT NUMBER 10 OF THE FLORENCE ROAD SUBDIVISION AS RECORDED IN THE PROBATE OFFICE OF LIMESTONE COUNTY, ALABAMA, IN PLAT BOOK "C", PAGE 12, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT AN EXISTING 5/8 INCH REBAR SET WITH PLASTIC CAP STAMPED "RLS 15455 RONNIE G. COFFMAN", AT THE SOUTHEAST CORNER OF TRACT NUMBER 11 OF THE FLORENCE ROAD SUBDIVISION AS RECORDED IN THE PROBATE OFFICE OF LIMESTONE COUNTY, ALABAMA, IN PLAT BOOK "C", PAGE 12, THENCE NORTH 01 DEGREES 27 MINUTES 00 SECONDS WEST ALONG THE EAST BOUNDARY OF TRACT NUMBER 10 AND TRACT NUMBER 11 OF THE SAID FLORENCE ROAD SUBDIVISION A DISTANCE OF 208.71 FEET TO A 5/8 INCH REBAR SET WITH PLASTIC CAP STAMPED "RLS 15455 RONNIE G. COFFMAN", THE POINT OF TRUE BEGINNING OF THE HEREIN DESCRIBED TRACT, THENCE FROM THE POINT OF TRUE BEGINNING SOUTH 87 DEGREES 25 MINUTES 00 SECONDS WEST A DISTANCE OF 208.71 FEET TO A 5/8 INCH REBAR SET WITH PLASTIC CAP STAMPED "RLS 15455 RONNIE G. COFFMAN", THENCE SOUTH 84 DEGREES 45 MINUTES 14 SECONDS WEST A DISTANCE OF 284.22 FEET TO A 5/8 INCH REBAR SET WITH PLASTIC CAP STAMPED "RLS 15455 RONNIE G. COFFMAN", ON THE EASTERLY RIGHT-OF-WAY OF THE THOMPSON LANE, THENCE NORTH 01 DEGREES 40 MINUTES 45 SECONDS WEST ALONG THE EASTERLY RIGHT-OF-WAY OF THE THOMPSON LANE A DISTANCE OF 185.49 FEET TO THE NORTHWEST CORNER OF TRACT NUMBER 10 OF THE FLORENCE ROAD SUBDIVISION AS RECORDED IN THE PROBATE OFFICE OF LIMESTONE COUNTY, ALABAMA, IN PLAT BOOK "C", PAGE 12, THENCE NORTH 87 DEGREES 25 MINUTES 00 SECONDS EAST ALONG THE NORTH BOUNDARY OF TRACT NUMBER 10 OF THE SAID FLORENCE ROAD SUBDIVISION A DISTANCE OF 493.10 FEET TO THE NORTHEAST CORNER OF SAID TRACT NUMBER 10 OF THE FLORENCE ROAD SUBDIVISION, THENCE SOUTH 01 DEGREES 27 MINUTES 00 SECONDS EAST ALONG THE EAST BOUNDARY OF TRACT NUMBER 10 OF THE FLORENCE ROAD SUBDIVISION A DISTANCE OF 172.29 FEET TO THE POINT OF TRUE BEGINNING AND CONTAINING 1.992 ACRES, MORE OR LESS, WITH A RELATIVE ERROR OF CLOSURE NO GREATER THAN ONE FOOT IN 10,000 FEET. AND SUBJECT TO: 10.00 FEET EVENLY OFF THE WEST SIDE AND 5.00 FEET EVENLY OFF THE EAST SIDE OF THE ABOVE DESCRIBED PROPERTY FOR UTILITY AND DRAINAGE EASEMENTS.

More commonly known as: 15652 Thompson Ln, Athens, AL 35611

This Property will be sold on as "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. 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 part of the foreclosure process. This sale is made for the purpose of paying the indebtedness secured by said mortgage, as well as the expense of foreclosure. The successful bidder must tender certified funds by noon the next business day to Law Office of Halliday, Watkins & Mann, P.C. Certified funds must be in the form of a wire transfer, bank or credit union's cashier's check, or bank official check payable to Halliday, Watkins & Mann, P.C. Halliday, Watkins & Mann, P.C. reserves the right to award the bid to the next highest bidder should the highest bidder fail to timely tender the total amount due. If sale is voided, Mortgagee/Transferee shall return the bid amount to the successful purchaser and the Mortgagee/Transferee shall not be liable to the purchase for any damages. If the sale is set aside for any reason, the purchaser at the sale shall be only entitled to a return of the deposit and bid amount, if paid. The Mortgagee/Transferee reserves the right to bid for and purchase the real estate and to credit is purchase price against the expenses of sale and indebtedness secured by the real estate. This sale is subject to postponement or cancellation.

University Credit Union
("Transferee")

Halliday, Watkins & Mann, P.C.
244 Inverness Center Drive
Birmingham, AL 35242
Phone: (801) 355-2886

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June 11, 2025
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Posted Online 44 weeks ago

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