1137 Greensboro Rd

Notice of Sale Under Power State of Georgia, County of Putnam. Under and by virtue of the Power of Sale contained in those certain Deed to Secure Debt given by RAR LAKEHOUSE LLC (“Grantor”) to LAKE OCONEE INVESTORS, LLC (“Grantee”), dated September 23, 2024, and recorded on October 4, 2024 in Deed Book 1161, Pages 343-358, Putnam County, Georgia records (the “Deed to Secure Debt”), conveying the after-described property to secure the certain Note dated September 23, 2024 in the original principal amount of $2,150,000.00 from RAR LAKEHOUSE LLC to Grantee (the “Note”), with interest at the rate specified therein, there will be sold by the undersigned at public outcry to the highest bidder for cash at the Putnam County Courthouse within the legal hours of sale on the first Tuesday in June, 2026, the following described property: Parcel I: All that lot or parcel of land lying and being in the 389th District, G.M., of Putnam County, Georgia, containing 0.49 acres, more or less, and being known and designated as Lot 5 of Bridgepo11 Subdivision, as shown on that certain plat of survey prepared by Walker McKnight Surveyors, Inc., dated February, I 987, and recorded in Plat Book 14, Page 72, as revised and recorded in Plat Book 34, Page 150, in the Office of the Clerk of the Superior Court of Putnam County, Georgia, which said plats and the records thereof are hereby incorporated herein and made a pa11 hereof by reference. Parcel II: All that tract or parcel of land lying and being in Land Lot 369 of the 3rd Land District and/or 389 Georgia Militia District of Putnam County, Georgia, being more particularly described as follows: BEGINNING at a point 79.98 feet left of and opposite Station 636+28.02 on the construction centerline of S.R. 44 (Greensboro Road) on Georgia Highway Project No. CSSTP-006-00 I (253); running thence North 52 degrees 42 minutes 18.8 seconds West, a distance of 39.72 feet to a point 119.70 feet left of and opposite Station 636+28.02 on said construction centerline laid out for S.R. 44 (Greensboro Road); thence North 31 degrees 27 minutes 39.6 seconds East, a distance of 99.78 feet to a point 132.03 feet left of and opposite Station 637+22.83 on said construction centerline laid out for S.R. 44 (Greensboro Road); thence North 34 degrees 48 minutes 00.2 seconds East, a distance of73.91 feet to a point 137.75 feet left of and opposite Station 637+96.52 on said construction centerline laid out for S.R. 44 (Greensboro Road); thence South 50 degrees 45 minutes 30.3 seconds East, a distance of 37.73 feet to a point 100.02 feet left of and opposite Station 637+96.52 on said construction centerline laid out for S.R. 44 (Greensboro Road); South 39 degrees 13 minutes 48.5 seconds West, a distance of 96.52 feet to a point I 00.00 feet left of and opposite Station 637+00.00 on said construction centerline laid out for S.R. 44 (Greensboro Road); thence South 50 degrees 45 minutes 30.7 seconds East, a distance of 20.03 feet to a point 79.97 feet left of and opposite Station 637+00.00 on said construction centerline laid out for S.R. 44 (Greensboro Road); thence southwesterly 74.69 feet along the arc of a curve (said curve having a radius of 2000.00 feet and a chord distance of 74.69 feet on a bearing of South 38 degrees 21 minutes 46.4 seconds West) back to the POINT OF BEGINNING. Containing 0.151 acres, more or less. Said Parcel II is more particularly shown on that certain Plat of Survey attached that certain Quitclaim Deed from Georgia Department of Transportation to Cash and Cody Prope11ies, LLC, dated September 11, 2023, recorded at Deed Book 1128, Page 482-487, Putnam County, Georgia Records. TOGETHER WITH ANY AND ALL of the following: (i) all buildings, structures and improvements now or hereafter located on the real property or any part or parcel thereof and all fixtures affixed or attached, actually or constructively, thereto; (ii) all and singular the tenements, hereditaments, easements and appurtenances belonging thereunto or in any wise appertaining thereto and the reversion and reversions, remainder or remainders thereof; (iii) all Rents accruing therefrom, whether now or hereafter due; (iv) all accounts and contract rights now or hereafter arising in connection with any part or parcel thereof or any buildings, structures, or improvements now or hereafter located thereon, including without limitation all accounts and contract rights in and to all leases or undertakings to lease now or hereafter affecting the land or any buildings, structures or improvements thereon, (v) all minerals, flowers, crops, trees, timber, shrubbery and other emblements now or hereafter located thereon or thereunder or on or under any part or parcel thereof; (vi) all estates, rights, titles and interest therein, or in any part or parcel thereof; (vii) all equipment, machinery, apparatus, fittings, fixtures, furniture, furnishings, mobile homes, modular homes and all personal property of every kind or description whatsoever now or hereafter located thereon, or in or on the buildings, structures and improvements thereon, and used in connection with the operation and maintenance thereof, and all additions thereto and replacements thereof; and (viii) all building materials, supplies, goods and equipment delivered thereto and placed thereon for the purpose of being affixed to or installed or incorporated or otherwise used in the buildings, structures or other improvements now or hereafter located thereon or any part of parcel thereof. The debt secured by said Deed to Secure Debt have been and are 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. Because the debt remains in default, this sale will be made for the purpose of paying the same and all expenses of this sale, as provided in the Security Deed and by law, including attorneys' fees (notice of intent to collect attorneys' fees having been given). LAKE OCONEE INVESTORS, LLC is the present holder of the Note, Guaranty and Security Deed. LAKE OCONEE INVESTORS, LLC is the entity with full authority to negotiate, amend, and modify all terms of the loan. Pursuant to O.C.G.A. 44-14-162.2, LAKE OCONEE INVESTORS, LLC may be contacted at: LAKE OCONEE INVESTORS, LLC, 4267 Woodland Brook Drive SE, Atlanta, GA 30339. Please note that, pursuant to O.C.G.A. 44-14-162.2, the secured creditor is not required to amend or modify the terms of the loan. To the best knowledge and belief of the undersigned, the party/parties in possession of the subject properties: known as 1137 Lake Oconee Parkway, Eatonton, Georgia 37024 is/are: RAR LAKEHOUSE LLC or tenant/tenants. Said properties will be sold subject to (a) any outstanding ad valorem taxes (including taxes which are a lien, but not yet due and payable), (b) any matters which might be disclosed by an accurate survey and inspection of the property, and (c) 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, covenants, etc. Without limiting the foregoing, the sale will be made expressly subject to that certain Deed To Secure Debt from Cash and Cody Properties, LLC to T. Panther Properties, LLC, dated February 7, 2023 in the original principal amount of $1,530,000.00, recorded at Deed Book l707, Page 727, Putnam County Georgia records, with regards to the foreclosure sale subject to the Deed to Secure Debt and the property located at 1137 Lake Oconee Parkway, Eatonton, Georgia 37024. 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. Pursuant to O.C.G.A. Section 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 preceding paragraph. LAKE OCONEE INVESTORS, LLC as Attorney in Fact for RAR LAKEHOUSE LLC. THE BELOW LAW FIRM MAY BE HELD UNDER FEDERAL LAW TO BE ACTING AS A DEBT COLLECTOR. IF SO, ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. ROBINSON FRANZMAN LLP, 191 Peachtree Street, N.E., Suite 2600, Atlanta, Georgia 30303 Telephone: (404) 255-2503.