100 Southcrest Dr

STATE OF GEORGIA COUNTY OF HENRY NOTICE OF FORECLOSURE SALE UNDER POWER Under and by virtue of the Power of Sale contained in a deed to secure debt (as amended, restated, modified, and assigned, the "Deed to Secure Debt") given by 100SC LLC, a Georgia limited liability company to SILAC INSURANCE COMPANY, a company organized under the laws of the State of Utah, dated July 16, 2021, recorded in Deed Book 18354, at Page 262, in the Office of the Clerk of Superior Court of Henry County, Georgia Records, conveying the after-described real property to secure a Note in the original principal amount of SIXTEEN MILLION AND 00/100 dollars ($16,000,000.00), with interest thereon at the rate as set forth therein, as last assigned to IAI STOCKBRIDGE JV, LLC, a Georgia limited liability company by assignment recorded or to be recorded in the Office of the Clerk of Superior Court of Henry County, Georgia Records, there will be sold by the undersigned at public outcry to the highest bidder for cash before the courthouse door of Henry County, Georgia within the legal hours of sale on Tuesday June 2, 2026, the following described real property (the "Property"): ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN LAND LOTS 41 AND 56, CITY OF STOCKBRIDGE, HENRY COUNTY, GEORGIA AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE INTERSECTION OF THE SOUTHEASTERLY RIGHT OF WAY OF STATE ROUTE 138 (200 FOOT RIGHT OF WAY) AND THE NORTHEASTERLY RIGHT OF WAY OF SPEER ROAD (80 FOOT RIGHT OF WAY); THENCE PROCEEDING IN SOUTHEASTERLY DIRECTION ALONG SAID RIGHT OF WAY OF SPEER ROAD 1,078.73 FEET TO A 1/2" REBAR SET ON THE SOUTHEASTERLY RIGHT OF WAY OF SOUTHCREST DRIVE (80 FOOT RIGHT OF WAY), SAID POINT BEING THE TRUE POINT OF BEGINNING; FROM THE TRUE POINT OF BEGINNING, AS THUS ESTABLISHED, PROCEEDING ALONG SAID RIGHT OF WAY OF SOUTHCREST DRIVE THE FOLLOWING COURSES AND DISTANCES: NORTH 34 DEGREES 32 MINUTES 31 SECONDS EAST A DISTANCE OF 362.62 FEET TO A POINT AND ALONG A CURVE TO THE RIGHT HAVING A RADIUS OF 690.00 FEET AND A LENGTH OF 1068.64 FEET (SAID CURVE HAVING A CHORD BEARING OF NORTH 78 DEGREES 54 MINUTES 37 SECONDS EAST AND A CHORD DISTANCE OF 964.99 FEET) TO A 1/2" REBAR FOUND ON THE SOUTHWESTERLY SIDE OF PROPOSED 80 FOOT ROAD EASEMENT; THENCE PROCEEDING ALONG SAID PROPOSED ROAD EASEMENT ALONG A CURVE TO THE LEFT HAVING A RADIUS OF 912.00 FEET AND A LENGTH OF 123.81 FEET (SAID CURVE HAVING A CHORD BEARING OF SOUTH 60 DEGREES 33 MINUTES 43 SECONDS EAST AND A CHORD DISTANCE OF 123.71 FEET) TO A 1/2" REBAR SET; THENCE LEAVING SAID PROPOSED ROAD EASEMENT AND PROCEEDING SOUTH 28 DEGREES 54 MINUTES 35 SECONDS EAST A DISTANCE OF 344.43 FEET TO A POINT; THENCE PROCEEDING SOUTH 05 DEGREES 59 MINUTES 48 SECONDS WEST A DISTANCE OF 47.94 FEET TO A POINT; THENCE PROCEEDING SOUTH 20 DEGREES 06 MINUTES 58 SECONDS EAST A DISTANCE OF 129.23 FEET TO A POINT; THENCE PROCEEDING SOUTH 38 DEGREES 16 MINUTES 16 SECONDS EAST A DISTANCE OF 57.75 FEET TO A POINT; THENCE PROCEEDING SOUTH 61 DEGREES 43 MINUTES 23 SECONDS EAST A DISTANCE OF 109.83 FEET TO A POINT; THENCE PROCEEDING SOUTH 29 DEGREES 58 MINUTES 54 SECONDS EAST A DISTANCE OF 85.87 FEET TO A POINT; THENCE PROCEEDING SOUTH 05 DEGREES 59 MINUTES 32 SECONDS WEST A DISTANCE OF 33.97 FEET TO A POINT; THENCE PROCEEDING SOUTH 39 DEGREES 43 MINUTES 39 SECONDS WEST A DISTANCE OF 52.59 FEET TO A POINT; THENCE PROCEEDING SOUTH 01 DEGREE 10 MINUTES 26 SECONDS WEST A DISTANCE OF 55.37 FEET TO A POINT; THENCE PROCEEDING SOUTH 30 DEGREES 00 MINUTES 05 SECONDS EAST A DISTANCE OF 132.14 FEET TO A 1/2? REBAR SET ON THE NORTHWESTERLY RIGHT OF WAY OF OLD SPEER ROAD (40 FOOT RIGHT OF WAY); THENCE PROCEEDING ALONG SAID RIGHT OF WAY OF OLD SPEER ROAD SOUTH 47 DEGREES 15 MINUTES 44 SECONDS WEST A DISTANCE OF 31.00 FEET TO A 1/2" REBAR SET ON THE NORTHERLY RIGHT OF WAY OF NORTH MILL ROAD (40 FOOT RIGHT OF WAY); THENCE PROCEEDING ALONG SAID RIGHT OF WAY OF NORTH MILL ROAD THE FOLLOWING COURSES AND DISTANCES: NORTH 79 DEGREES 34 MINUTES 38 SECONDS WEST A DISTANCE OF 193.29 FEET TO A POINT, NORTH 78 DEGREES 16 MINUTES 12 SECONDS WEST A DISTANCE OF 129.81 FEET TO A POINT, NORTH 76 DEGREES 41 MINUTES 12 SECONDS WEST A DISTANCE OF 125.46 FEET TO A POINT, NORTH 83 DEGREES 25 MINUTES 12 SECONDS WEST A DISTANCE OF 244.46 FEET TO A POINT, SOUTH 87 DEGREES 51 MINUTES 53 SECONDS WEST A DISTANCE OF 69.24 FEET TO A POINT, SOUTH 88 DEGREES 59 MINUTES 41 SECONDS WEST A DISTANCE OF 90.15 FEET TO A POINT, NORTH 87 DEGREES 10 MINUTES 11 SECONDS WEST A DISTANCE OF 158.64 FEET TO A POINT, NORTH 84 DEGREES 27 MINUTES 50 SECONDS WEST A DISTANCE OF 88.26 FEET TO A POINT, AND NORTH 79 DEGREES 25 MINUTES 57 SECONDS WEST A DISTANCE OF 66.32 FEET TO A 1/2" REBAR FOUND; THENCE LEAVING SAID RIGHT OF WAY OF NORTH MILL ROAD AND PROCEEDING NORTH 01 DEGREES 22 MINUTES 05 SECONDS EAST A DISTANCE OF 87.78 FEET TO A 3/4" REBAR FOUND; THENCE PROCEEDING NORTH 89 DEGREES 26 MINUTES 10 SECONDS WEST A DISTANCE OF 157.11 FEET TO A 1/2" REBAR FOUND ON THE NORTHEASTERLY RIGHT OF WAY OF SPEER ROAD; THENCE PROCEEDING ALONG SAID RIGHT OF WAY OF SPEER ROAD THE FOLLOWING COURSES AND DISTANCES: ALONG A CURVE TO THE LEFT HAVING A RADIUS OF 5124.28 FEET AND A LENGTH OF 417.24 FEET (SAID CURVE HAVING A CHORD BEARING OF NORTH 53 DEGREES 19 MINUTES 59 SECONDS WEST AND A CHORD DISTANCE OF 417.12 FEET) TO A POINT AND NORTH 55 DEGREES 31 MINUTES 45 SECONDS WEST A DISTANCE OF 5.00 FEET TO THE TRUE POINT OF BEGINNING. TOGETHER WITH ALL OF GRANTOR'S RIGHT, TITLE AND INTEREST IN AND TO THE FOLLOWING EASEMENT: DRAINAGE EASEMENT AGREEMENT BY AND AMONG SUNTRUST SERVICE CORPORATION AND LARRY E. WILENSKY, SID M. KRESSES, ET AL., DATED MAY 28, 1997, FILED FOR RECORD MAY 30, 1997, AND RECORDED IN DEED BOOK 2583, PAGE 1, AFORESAID RECORD, AND AS AMENDED BY MODIFICATION DATED AUGUST 1, 2008 AND RECORDED AUGUST 14, 2008 IN DEED BOOK 10998, PAGE 334, AFORESAID RECORDS. TOGETHER WITH all the improvements and fixtures now erected on or affixed to the Property, and all easements, rights, appurtenances, and rents, all of which shall be deemed to be and remain a part of the Property, and all other "Property" as defined in the Deed to Secure Debt, which definition is incorporated herein by reference. The debt secured by said Deed to Secure Debt has been and is hereby declared due because of, among other possible events of default, failure to pay the indebtedness as and when due and in the manner provided in the Note and Deed to Secure Debt. The debt remaining in default, this sale will be made for the purpose of applying the proceeds thereof as provided in the Deed to Secure Debt and pursuant to applicable law, including paying the same and all expenses of this sale, as provided in the Deed to Secure Debt and by law, including attorneys' fees (notice of intent to collect attorneys' fees having been given). Said Property will be sold subject to (a) any outstanding ad valorem taxes (including taxes which are a lien, but not yet due and payable), (b) unpaid water and sewage bills that constitute a lien against the Property whether due and payable or not yet due and payable and which may not be of record, (c) the right of redemption of any taxing authority, (d) any matters which might be disclosed by an accurate survey and inspection of the Property, (e) all matters of record superior to the Deed to Secure Debt first set out above, including, but not limited to, assessments, liens, encumbrances, zoning ordinances, easements, restrictions, and/or covenants, (f) rights and obligations of parties in possession, as tenants only, under unrecorded leases or agreements with no rights of first refusal or options to purchase, and (g) all other, if any, easements, limitations, reservations, covenants, restrictions, deeds to secure debt, liens and other encumbrances and matters of public record to which the Deed to Secure Debt is junior and subordinate in terms of priority under the laws of the State of Georgia. IAI STOCKBRIDGE JV, LLC, a Georgia limited liability company, as assignee, is the secured creditor under the Deed to Secure Debt and loan being foreclosed. The following entity shall have full authority to negotiate, amend, and modify all terms of the above-described Deed to Secure Debt and associated notes on behalf of IAI STOCKBRIDGE JV, LLC: Arnall Golden Gregory LLP 171 17th Street NW, Suite 2100 Atlanta, GA 30363 Attn: Nick Passarello Telephone: (404) 873-8568 The IAI STOCKBRIDGE JV, LLC is not required by law to negotiate, amend, or modify the terms of the loan or mortgage instrument. To the best knowledge and belief of the undersigned, the party in possession of the Property is 100SC LLC or a tenant or tenants and said Property is more commonly known as 100 Southcrest Drive, Stockbridge, Georgia 30281. 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 Deed to Secure Debt. The undersigned reserves the right, in its sole discretion, to postpone, continue, or cancel the sale at any time prior to the sale. Notice of such postponement, continuation, or cancellation shall be given by announcement at the time and place of sale or any scheduled sale date, and no other notice shall be required. The Property will be sold on an "as is, where is" basis without recourse against the holder of the Deed to Secure Debt and without representation or warranty of any kind or nature whatsoever with respect thereto, with no assurance afforded as to the exact acreage of the Property. The undersigned may sell the Property or any part of the Property in such manner and order as the holder of the Deed to Secure Debt may elect and may sell that portion of the Property which, under the laws of the State of Georgia, constitutes an estate or interest in real estate separately from that portion of the Property which, under the laws of the State of Georgia, constitutes personalty and not an interest in the real estate, in which case separate bids will be taken therefor, or collectively in a single sale or lot, in which case a single bid will be taken therefor. Notice of the undersigned's intent shall be given by announcement made at the commencement of the public sale. The undersigned will execute a Deed Under Power to the purchaser as authorized by the aforementioned Deed to Secure Debt. Pursuant to O.C.G.A. ? 9-13-172.1, which allows for certain procedures regarding the rescission of judicial and nonjudicial sales in the State of Georgia, the Deed Under Power and other foreclosure documents may not be provided until final confirmation and audit of the status of the loan as provided in the two preceding paragraphs. The notice to Borrower, pursuant to O.C.G.A. ? 44-14-162.2, has been provided by the holder of the Deed to Secure Debt to Borrower in accordance with said O.C.G.A. ? 44-14-162.2. The recitals set forth hereinabove are hereby incorporated in and made a part of this Notice of Foreclosure Sale Under Power. Nothing contained herein shall be deemed to constitute a waiver of any rights or remedies available to the holder of the Deed to Secure Debt, whether at law, in equity, or under the Deed to Secure Debt and related loan documents, all of which are expressly reserved. The holder of the Deed to Secure Debt expressly reserves the right to pursue a deficiency judgment against the Borrower and any guarantors to the fullest extent permitted by applicable law, including O.C.G.A. ? 44-14-161 Present holder of said Deed to Secure Debt, IAI STOCKBRIDGE JV, LLC, a Georgia limited liability company, as attorney-in-fact for 100SC LLC, a Georgia limited liability company By: its attorney-at-law: /Nicholas Passarello/ Nicholas Passarello, Esq. ARNALL GOLDEN GREGORY LLP 171 17th Street NW, Suite 2100 Atlanta, Georgia 30363 (404) 873-8568 5:6, 13, 20, 27, 2026