870 Highway 314

NOTICE OF SALE UNDER POWER
STATE OF GEORGIA,
COUNTY OF FAYETTE
By virtue of a Power of Sale contained in that certain Security Deed from Erik Ausler to Mortgage Electronic Registration Systems, Inc. as nominee for Mega Capital Funding Inc., its successors and assigns, dated October 6, 2023 and recorded on October 11, 2023 in Deed Book 5662, Page 369, in the Office of the Clerk of Superior Court of Fayette County, Georgia, said Security Deed having been given to secure a Note of even date, in the original principal amount of Two Hundred Ninety Thousand Six Hundred Thirty-Eight and 00/100 dollars ($290,638.00) with interest thereon as provided therein, as last transferred to PennyMac Loan Services, LLC, recorded in Deed Book 5739, Page 21, aforesaid records, will be sold at public outcry to the highest bidder for cash before the courthouse door of Fayette County, Georgia, or at such place as has or may be lawfully designated as an alternative location, within the legal hours of sale on the first Tuesday in January, 2027, all property described in said Security Deed including but not limited to the following described property:
All that tract or parcel of land lying and being in Land lots 250 and 251 of the 5th District of Fayette County, Georgia, being lot 30, Block B of North Fayette Estates, Unit One, as per Plat thereof recorded in Plat Book 10, page 23, Fayette County, Georgia records, which Plat is incorporated herein and made a part hereof by reference for a more detailed description, and being more particularly described as follows:
BEGINNING at an iron pin on the southwesterly side of Georgia State Highway # 314, 1605.5 feet southeasterly from the corner formed by the intersection of the southwesterly side of Georgia State Highway #314 with the south side of North Fayette Drive, said beginning point being the southeast corner of lot 31 of said block and subdivision; running thence southeasterly along the southwesterly side of Georgia State Highway # 314, 154 feet to an iron pin and lot 29 of said block and subdivision; running thence southwesterly along the northwesterly line of said Lot 29, 299.4 feet to an iron pin; running thence northwesterly 154 feet to an iron pin and Lot 31 of said block and subdivision; running thence northeasterly along the southeasterly line of said lot 31, 299.5 feet to an iron pin on the southwesterly side of Georgia State Highway #314 and the point of beginning.
LESS AND EXCEPT the property conveyed to the Department of Transportation by Right of Way Deed dated June 29, 1990 and recorded in Deed Book 614, Page 705, Fayette County records.
Said property may more commonly be known as 870 Highway 314, Fayetteville, GA 30214.
The debt secured by said Security Deed has been and is hereby declared due because of, among other possible events of default, non-payment of the monthly installments on said loan. The debt remaining in default, this sale will be made for the purpose of paying the same and all expenses of this sale, including attorney’s fees (notice of intent to collect attorney’s fees having been given).
The individual or entity that has full authority to negotiate, amend and modify all terms of the loan is PennyMac Loan Services, LLC, 3043 Townsgate Rd., #200, Westlake Village, CA 91361, 818-224-7442.
Said property will be sold on an “as-is” basis without any representation, warranty or recourse against the above-named or the undersigned. The sale will also be subject to the following items which may affect the title: a) zoning ordinances; b) matters which would be disclosed by an accurate survey or by an inspection of the property; c) any outstanding ad valorem taxes, including taxes, which constitute liens upon said property whether or not now due and payable; d) special assessments; e) the right of redemption of any taxing authority; f) all outstanding bills for public utilities which constitute liens upon said property; g) all restrictive covenants, easements, rights-of-way and any other matters of record superior to said Security Deed. To the best of the knowledge and belief of the undersigned, the owners and party in possession of the property are Erik Ausler and or tenant(s). The sale will be conducted subject to 1) confirmation that the sale is not prohibited under the U.S. Bankruptcy code and 2) final confirmation and audit of the status of the loan with the holder of the Security Deed.
PennyMac Loan Services, LLC
as Attorney-in-Fact for
Erik Ausler
Contact:Padgett Law Group:
6267 Old Water Oak Road,
Suite 203,
Tallahassee, FL 32312;
(850) 422-2520
Ad Run Dates:
10/21/2026,10/28/2026,11/04/2026,11/11/2026,11/18/2026,11/25/2026,12/02/2026,12/09/2026,12/16/2026,12/23/2026,12/30/2026;
Case #: 24-010100-4
10/21,28,11/04,11,18,25,12/02,09,16,23,30