by Joshua Garcia

Title: Mortgage Foreclosure Sale: Michael Harmon’s Property Headed to Auction

A mortgage foreclosure sale is scheduled for Michael Harmon’s property in Lee County, Alabama. Having defaulted on the mortgage payment, Harmon’s property will be sold to the highest bidder. Truist Bank, formerly known as Branch Banking and Trust Company, is the mortgagee, and LOGS Legal Group LLP will oversee the auction process. This article provides an overview of the property and the upcoming sale.

Property Details:
The property in question is a 5.162-acre tract located in Lee County, Alabama. Situated in parts of Sections 5 and 6, Township 18 N, Range 29 E, and parts F of Sections 31 and 32, Township 19 N, Range 29 E, the land is described as Parcel 2. The property is located at 304 Lee Rd 424 in Salem, AL 36874. Please note that the property’s address is for informational purposes only and does not form part of the legal description.

Foreclosure Process:
The mortgage, initially executed on June 1, 2016, by Michael Harmon and his spouse Artemisa Harmon, was in favor of Mortgage Electronic Registration Systems, Inc., as nominee for Branch Banking and Trust Company. The mortgage was recorded in Mortgages Book 4219 at Page 282 on June 8, 2016, in the Office of the Judge of Probate of Lee County, Alabama. Over time, the secured indebtedness was transferred or assigned to Truist Bank, as reflected by an instrument recorded in Mortgages Book 4843, Page 1, in the same office.

LOGS Legal Group LLP, acting as counsel for the mortgagee or transferee, possesses the power of sale contained in the mortgage. On November 8, 2023, they will conduct a public auction at the main entrance of the Lee County Courthouse in Opelika. The sale will take place during the legal hours of the day.

Sale Conditions:
The property will be sold on an “as is, where is” basis, with no representations or warranties made by the mortgagee, its officers, directors, attorneys, employees, agents, or authorized representatives. Any responsibilities or liabilities arising from physical, environmental, health, or safety conditions associated with the property are expressly disclaimed. The successful bidder must make a non-refundable deposit of $5,000 in certified or cash funds at the time of the sale. The remaining purchase price must be paid in certified funds by the close of business on the next business day.

Redemption Rights and Assistance Programs:
Under Alabama law, some individuals who have an interest in the property may have the right to redeem it under certain circumstances. It is advisable to consult an attorney to understand these rights and any available programs that could help avoid or delay the foreclosure process.

Michael Harmon’s property, located in Lee County, Alabama, is set to go up for auction due to defaulted mortgage payments. Truist Bank, the mortgagee, will oversee the foreclosure sale through LOGS Legal Group LLP. Interested buyers should prepare for the auction to take place on November 8, 2023, at the Lee County Courthouse.

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