2854 Mechanicsville Rd And

NOTICE OF SALE UNDER POWER By virtue of the power of sale contained in that certain Deed to Secure Debt, Security Agreement and Fixture Filing dated November 26, 2024 from MECHANICSVILLE ROAD NORCROSS, LLC, as grantor, to 3VP SL FUND 1, LLC, as grantee (herein Lender), recorded in Deed Book 61551, Page 00820, Gwinnett County, Georgia Records (herein, the Security Deed), said Security Deed having been given to secure a Promissory Note of even date therewith in the original principal amount of $2,163,000.00 (herein, the Note), with interest at the rate stated in said Note on the unpaid balance until paid, there will be sold by the undersigned at public outcry to the highest bidder for cash before the Courthouse door of Gwinnett County, Georgia, within the legal hours of sale on September 2, 2025, that being the first Tuesday of said month, the property being more particularly described on Exhibit A attached hereto and incorporated herein by reference (the Property), commonly known as 2854 Mechanicsville Road, Peachtree Corners GA 30071 and 2850 Jones Mill Road, Peachtree Corners GA 30071. The indebtedness secured by said Security Deed has been and is hereby declared due because of default under the terms of said Security Deed and Note, including but not limited to the nonpayment of the indebtedness as and when due. The indebtedness remaining in default, this sale will be made for the purpose of paying the same, all expenses of this sale, including attorneys fees (notice of intent to collect attorneys fees having been given) and all other payments provided for under the terms of said Security Deed and Note, and the balance, if any, will be distributed as provided by law. Said Property will be sold as the property of MECHANICSVILLE ROAD NORCROSS, LLC on an As-Is and Where-Is basis without recourse to Lender and without representation or warranty of any kind or nature and subject to the following items which may affect title to said Property: (a) all zoning ordinances; (b) matters that would be disclosed by an accurate survey or by an inspection of the Property; (c) any outstanding taxes which constitute liens upon said Property, if any; (d) all outstanding bills for public utilities which constitute liens upon said Property, if any; and (e) any covenants, easements, and restrictions of record which are superior to the Security Deed. The sale will be conducted subject (1) to confirmation that the sale is not prohibited under the U.S. Bankruptcy Code and (2) to final confirmation and audit of the status of the loan with the holder of the Security Deed. The individual or entity that has full authority to negotiate, amend, and modify all terms of the Security Deed with the debtor is: 3VP SL FUND 1, LLC, 27 Doyle Street 2nd Floor, Atlanta, GA 30317; (404) 698-3533. Please understand that the secured creditor is not required to negotiate, amend, or modify the terms of the Security Deed. To the knowledge of the undersigned Lender, the party or parties in possession of the subject property known as 2854 Mechanicsville Road, Peachtree Corners GA 30071 and 2850 Jones Mill Road, Peachtree Corners GA 30071 is MECHANICSVILLE ROAD NORCROSS, LLC or tenants. 3VP SL FUND 1, LLC as Attorney-in-Fact for MECHANICSVILLE ROAD NORCROSS, LLC Kevin T. Caiaccio, Esq. CAIACCIO LAW FIRM LLC 5605 Glenridge Dr. Suite 1090 Atlanta, Georgia 30342 (404) 846-4990 THIS LAW FIRM IS ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. EXHIBIT A TRACT I: ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN LAND LOT 251 OF THE 6 TH LAND DISTRICT, GWINNETT COUNTY, GEORGIA, ON THE NORTHWEST SIDE OF JONES MILL ROAD, AND BEING THAT TRACT BOUNDED AS FOLLOWS: ON THE SOUTHWEST BY LANDS OF MJE CORPORATION AND W.G. 75 PARTNERSHIP, ON THE NORTHWEST BY LAND OF AMERICAN NATIONAL HOLDING CORP., ON THE NORTHWEST AND SOUTHWEST BY JONES MILL ROAD. ALSO BEING DESCRIBED AS: ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN LAND LOT 251 OF THE 6TH DISTRICT, GWINNETT COUNTY, GEORGIA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT FORMED BY THE INTERSECTION OF THE NORTHWESTERLY RIGHT OF WAY OF JONES MILL ROAD (120 ROW) AND SOUTHWESTERLY RIGHT OF WAY OF MECHANICSVILLE ROAD, THENCE SOUTHWESTERLY ALONG SAID NORTHWESTERLY RIGHT OF WAY OF JONES MILL ROAD, 268.13 FEET ALONG A CURVE TO THE RIGHT HAVING A RADIUS OF 512.96 FEET AND BEING SUBTENDED BY A CHORD BEARING SOUTH 40?43'00" WEST, 265.09 FEET TO A POINT; THENCE RUNNING ALONG SAID RIGHT OF WAY OF JONES MILL ROAD, SOUTH 55?41'29" WEST, 5.32 FEET; THEN DEPARTING SAID RIGHT OF WAY, AND RUN NORTH 29?49'25" WEST, 181.68 FEET TO A POINT; THENCE, NORTH 60?10'35" EAST, 208.45 FEET TO A POINT ON THE SOUTHWESTERLY RIGHT OF WAY OF MECHANICSVILLE ROAD; THENCE RUNNING ALONG SAID RIGHT OF WAY OF MECHANICSVILLE ROAD, SOUTH 73?10'07" EAST, 74.21 FEET TO A POINT; THENCE, SOUTH 23?46'37" EAST, 39.20 FEET TO A POINT IN THE NORTHWESTERLY RIGHT OF WAY OF JONES MILL ROAD AND THE POINT OF BEGINNING. SAID TRACT CONTAINS 0.8551 ACRES, MORE OR LESS. PARCEL ID: R6251-001 ADDRESS REF: 2850 JONES MILL ROAD TRACT II: ALL THAT TRACT OF LAND IN LAND LOT 251 OF THE 6TH LAND DISTRICT, GWINNETT COUNTY, GEORGIA, ON THE SOUTHEAST SIDE OF JONES MILL ROAD AND ON THE NORTHWEST SIDE OF MECHANICSVILLE ROAD, AND BEING THAT TRACT BOUNDED AS FOLLOWS: ON THE SOUTHWEST BY LAND OF MJE CORPORATION AND W.G. 75 PARTNERSHIP AND BY LAND OF GENCOM, INC; ON THE SOUTHEAST BY LAND OF GENCOM INC., LAND OF ROBERT N. SAXE, AND MECHANICSVILLE ROAD; ON THE NORTHEAST BY THE RIGHT OF WAY OF JONES MILL ROAD AND MECHANICSVILLE ROAD WHERE SAID ROADS INTERSECT; AND ON THE NORTHWEST BY JONES MILL ROAD. ALSO BEING DESCRIBED AS: ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN LAND LOT 251 OF THE 6TH DISTRICT, GWINNETT COUNTY, GEORGIA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: TO FIND THE POINT OF BEGINNING, COMMENCE AT A POINT LOCATED AT THE INTERSECTION OF THE EASTERN RIGHT OF WAY OF FIRST STREET AND THE NORTHERN RIGHT OF WAY OF THE SOUTHERN RAILROAD; THENCE RUNNING ALONG THE EASTERN RIGHT OF WAY OF FIRST STREET IN A NORTHERLY DIRECTION 1,276.19 FEET TO A 1" OPEN TOP PIPE; THENCE CONTINUING ALONG SAID RIGHT OF WAY, NORTH 29?49'25" WEST, 100.00 FEET TO A POINT AND THE TRUE POINT OF BEGINNING; THENCE CONTINUING ALONG SAID RIGHT OF WAY, NORTH 29?49'25" WEST, 134.23 FEET TO A POINT ON THE SOUTHERN RIGHT OF WAY OF JONES MILL ROAD; THENCE RUNNING ALONG SAID RIGHT OF WAY OF JONES MILL ROAD, NORTH 55?41'29" EAST, 14.74 FEET TO A POINT; THENCE, 367.88 FEET ALONG A CURVE TO THE LEFT HAVING A RADIUS OF 632.96 FEET AND BEING SUBTENDED BY A CHORD BEARING NORTH 39?02'28" EAST, 362.72 FEET TO A POINT ON THE WESTERN RIGHT OF WAY OF MECHANICSVILLE ROAD; THENCE RUNNING ALONG SAID RIGHT OF WAY OF MECHANICSVILLE ROAD, NORTH 58?05'33" EAST, 16.89 FEET TO A POINT; THENCE, 116.34 FEET ALONG A CURVE TO THE RIGHT HAVING A RADIUS OF 99.34 FEET AND BEING SUBTENDED BY A CHORD BEARING SOUTH 37?16'11" EAST, 109.80 FEET TO A POINT; THENCE, SOUTH 03?43'13" EAST, 285.19 FEET TO A POINT; THENCE LEAVING SAID RIGHT OF WAY AND RUNNING, SOUTH 59?46'31" WEST, 158.64 FEET TO A POINT; THENCE, NORTH 29?49'25" WEST, 100.00 FEET TO A POINT; THENCE, SOUTH 59?46'31" WEST, 100.00 FEET TO A POINT AND THE TRUE POINT OF BEGINNING. SAID TRACT CONTAINS 1.9306 ACRES, MORE OR LESS. PARCEL ID R6251-012 ADDRESS REF: 2854 MECHANICSVILLE ROAD 8/6,13,20,27,2025