2040 Stanton Rd

NOTICE OF SALE UNDER POWER STATE OF GEORGIA COUNTY OF FULTON By virtue of Power of Sale contained in the Deed to Secure Debt, Assignment of Leases, Fixture Filing, an Security Agreement (the "Security Deed") from STANTON VIEW, LLC ("Borrower") to WHITE OAK ASSETS LLC ("Lender") dated August 5, 2024 recorded in Deed Book 68103, Page 322, Fulton County, Georgia, said Security Deed having been given to secure payment of the obligations of Borrower to Lender including payment of a Promissory Note in the maximum principal amount of $7,100,000.00 (the "Note"); There will be sold by the undersigned at public outcry to the highest bidder for cash before the Courthouse door in Fulton County, Georgia, within the legal hours of sale on the first Tuesday in September, 2025, the following described property: All that tract or parcel of land lying and being in Land Lots 154 and 167, 14th District, Fulton County, Georgia and being more particularly described as follows: Commencing at a point on the northern right-of-way of Langford Parkway and the eastern right-of-way of Stanton Road (said road having a right-of-way that varies); thence northwesterly along the right-of-way of Stanton Road 304.20 feet to a point; Thence leaving said right-of-way South 85 degrees 01 minutes 10 seconds East a distance of 173.00; to a 1/2" rebar found, said rebar being the TRUE POINT OR PLACE OF BEGINNING; thence North 20 degrees 29 minutes 33 seconds East a distance of 623.25 feet to a 1/2" rebar found; thence South 03 degrees 01 minutes 00 seconds West a distance of 572.94 feet to a 1" crimp top pipe found; thence South 54 degrees 39 minutes 09 seconds East a distance of 274.03 feet to a mag nail found on the Eastern right-of-way of Gillern Street, (said road having a right-of-way of 40 feet); thence along said right of way North 35 degrees 10 minutes 30 seconds East a distance of 83.48 feet to a 1/2" rebar found; thence leaving said right-of-way South 48 degrees 30 minutes 01 seconds East a distance of 108.70 feet to a 1/2" rebar found; thence North 60 degrees 29 minutes 51 seconds East a distance of 153.26 feet to a 1/2" rebar found; thence South 28 degrees 30 minutes 52 seconds East a distance of 222.20 feet to a 1" crimp top pipe found on the northern right-of-way of Langford Parkway, (said road having a right-of-way that varies); thence along the right-of-way of Langford Parkway South 77 degrees 56 minutes 25 seconds West a distance of 50.28 feet to a right-of-way monument found; thence continuing along said right-of-way South 81 degrees 42 minutes 59 seconds West a distance of 157.65 feet to a right-of-way monument found; thence continuing along said right-of-way South 80 degrees 54 minutes 04 seconds West a distance of 267.80 feet to a right-of-way monument found; thence continuing along said right-of-way North 80 degrees 22 minutes 41 seconds West a distance of 139.56 feet to an 1/2" rebar found; thence leaving said right-of-way North 02 degrees 33 minutes 22 seconds East a distance of 305.37 feet to a 1/2" rebar found; thence North 84 degrees 37 minutes 15 seconds West a distance of 187.77 feet to a 1/2" rebar found, said rebar being THE TRUE POINT OR PLACE OF BEGINNING. Said tract or parcel of land containing 4.174 acres; as depicted on plat of survey prepared for 2040 Stanton Road Investment LLC by Adam & Lee Land Surveying, James A. Jacobs, R.L.S. No. 2867, dated May 11, 2017. TOGETHER WIH: All right title and interest of Wells Cascade Associates, a Georgia Limited Partnership, in that Deed of Easement between Mark Taylor, individually, and Justine M. Godenbock and Sylvan A. Makover, as Trustees under an agreement with Herbert Taylor, dated September 16th, 1957, and The Mutual benefit Life Insurance Company (as Grantors and B. Dan Camp, Grantee, dated January 29th, 1971, filed and recorded March 22nd 1971, at Deed Book 5362, page 322, Fulton County, Georgia Records, and as filed and recorded on November 2nd, 1972, at Deed Book 5689, page 486, Fulton County, Georgia Records. The address of the property is: 2040 Stanton Road, Atlanta, Georgia 30344 TOGETHER WITH all buildings, structures and improvements now or hereafter located on the property, all easements and appurtenances belonging to the property, all leases and usufructs on the property, all rents, issues, income, revenue and profits from the property, all minerals, crops, trees, timber, shrubbery and other emblements located on the property, all furnishings, furniture, fixtures, machinery, equipment, building supplies, chattels, goods, consumer goods, inventory, appliances, building supplies and materials, documents, accounts, general intangible, all policies of insurance, unearned premiums, and proceeds therefrom, and all other property conveyed by Borrower to Lender pursuant to the Security Deed. The indebtedness is in default because of failure of Borrower to make payments as required by the Note. The indebtedness remaining in default, the sale will be made for the purpose of applying the proceeds thereof to the payment of the indebtedness secured by the Security Deed, other payments provided for under the Security Deed and the remainder, if any, shall be applied as provided by law. Said Property will be sold subject to outstanding ad valorem taxes (including taxes which are a lien but not yet due). The Property will be sold on an "as is" and "where is" basis without recourse against Lender and without representation or warranty of any kind or nature whatsoever by Lender with respect thereto. To the best of the undersigned's knowledge and belief, the party in possession of the Property is the Borrower, and/or tenants holding under Borrower. The sale will be conducted subject to: (i) confirmation that the sale is not prohibited under the U. S. Bankruptcy Code; (ii) to final confirmation and audit of the status of the loan with the holder of the Security Deed; and (iii) rights of redemption by the Internal Revenue Service, if any, for unpaid taxes owed by Borrower. WHITE OAK ASSETS LLC as attorney-in-fact for Stanton View, LLC Darryl R. Moss Weissman PC 3500 Lenox Road, 4th Floor Atlanta, Georgia 30326 404-926-4519 8:6,13,20,27ep