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Notice of Foreclosure – Reese

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Default having occurred under that Deed of Trust dated May 12, 2008, and recorded in Record Book 110, page 381, Register’s Office of Wayne County, Tennessee, executed by Jeffrey W. Reese and wife, Patricia Reese, and Dorothy J. Shonk, unmarried, to George G. Gray, Trustee, securing a certain promissory note made payable to the Wayne County Bank.  See also Modification Agreement and Extension of Deed of Trust dated December 31, 2014, and recorded in Record Book 170, page 462, Register’s Office of Wayne County, Tennessee.  Said note provides for the payment of all costs and expenses of executing the aforesaid Trust and other costs of collection; and,

WHEREAS, the Wayne County Bank, as beneficiary of said Deed of Trust has instructed the Trustee to foreclose pursuant to said Deed of Trust.

 NOW, THEREFORE, I, George G. Gray, as Trustee, and not otherwise, acting upon the demand of the lawful owner and holder of said indebtedness to foreclose said Deed of Trust by virtue of the power and authority vested in me as Trustee, will on Thursday, October 31, 2019, at 11:00 o’clock A.M., at the East door of the Wayne County Courthouse in Waynesboro, Tennessee, offer for sale and sell to the highest bidder for cash, at public outcry, certain real property containing 18.63 acres, more or less, described in full in deed of Jeffrey W. Reese and wife, Patricia Reese, and Dorothy J. Shonk, recorded in Record Book 110, page 378, Register’s Office of Wayne County, Tennessee. Property Address: 642 Waynesboro Hwy., Waynesboro, TN 38485.  Designated as Map 57, Parcel 14.02, in the Office of the Wayne County Property Assessor.

 SAID SALE will be made free from the right and equity of redemption and free from homestead, and all other exemptions, which are expressly waived by said Deed of Trust.  Deed of conveyance will be executed by me as Trustee, to the purchaser of the property, and the purchaser will be entitled to the possession of said property and to the rents and income therefrom, from and after the notice as required by said Deed of Trust, but I will convey as Trustee only.

 SAID SALE will be made subject to any and all unpaid taxes and assessments, together with interest and penalty, if any, and any and all other prior restrictions, encumbrances, or liens of any nature.



Oct. 9, 16, 23, 2019

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