3072 Washington Rd

NOTICE OF FORECLOSURE SALE GEORGIA, FULTON COUNTY By virtue of Power of Sale contained in the Deed to Secure Debt, Assignment of Leases and Rents, Security Agreement and Fixture Filing ("Security Deed") dated July 1, 2022, from POLARIS AT EAST POINT HOLDINGS LLC to COREVEST AMERICAN FINANCE LENDER LLC ("Original Lender"), recorded in Deed Book 65882, Page 618, et seq. of the Fulton County, Georgia Records, as assigned to REDWOOD BPL HOLDINGS 2 INC. by that certain Assignment of Security Deed, recorded in Deed Book 66311, Page 589, et seq. of the Fulton County, Georgia Records, as assigned to CAF BRIDGE BORROWER GS LLC by that certain Assignment of Security Deed, recorded in Deed Book 66311, Page 595, et seq. of the Fulton County, Georgia Records, as assigned to REDWOOD BPL HOLDINGS 2, INC. by that certain Assignment of Security Deed, recorded in Deed Book 67764, Page 354, et seq. of the Fulton County, Georgia Records, as assigned to CAF BRIDGE BORROWER AR, LLC by that certain Assignment of Security Deed, recorded in Deed Book 67764, Page 360, et seq. of the Fulton County, Georgia Records ("Assignment") to secure a Secured Promissory Note ("Note") in the original principal amount of $12,500,000.00, with interest thereon as set forth therein, there will be offered for sale at public outcry to the highest bidder for cash before the Courthouse door of FULTON COUNTY, GEORGIA, within the legal hours of sale on the first Tuesday in September, 2025, the property known as: All that tract or parcel of land lying and being in Land Lot 190 of the 14th District of Fulton County, Georgia, and being more particularly described as follows: Beginning at an iron pin found on the Southerly right of way of Washington Road (60 foot right of way), said iron pin being located at 298.2 feet Southwesterly from the point of intersection of the Southerly right of way Washington Road with the Westerly right of way of Delowe Drive (50 foot right of way), thence South 00 degrees 57 minutes East 224.0 feet to a point; thence North 87 degrees 13 minutes East 100.0 feet to a point; thence South 00 degrees 44 minutes West 522.0 feet to a point on the Northerly right of way of Farris Street (50 foot right of way), said point also being located at 167.5 feet Westerly from the point of intersection of the Northerly right of way of Farris Street with the Westerly right of way of Delowe Drive; thence in a westerly direction along the Northerly right of way of Farris Street a distance of 10 feet to a point; thence North 00 degrees 48 minutes East 185.0 feet to a point; thence North 87 degrees 27 minutes West 184.2 feet to a point; thence South 01 degrees 53 minutes West 185.2 feet to a point on the Northerly right of way of Farris Street; then North 88 degrees 59 minutes West along the Northerly right of way of Farris Street, if extended, 208.8 feet to a point; thence North 05 degrees 05 minutes West 191.8 feet to a point; thence North 66 degrees 54 minutes West 45.00 feet to a point; thence North 00 degrees 36 minutes East 412.8 feet to a point on the Southerly right of way of Washington Road; thence in a Northeasterly direction along the Southerly right of way of Washington Road a distance of 366.6 feet to an iron pin found marking the True Point of Beginning. Also described as the following: All that tract or parcel of land lying and being in Land Lot 190 of the 14th District, Fulton County, Georgia and being more fully described as follows: To reach the Point of Beginning, start at the intersection of the Southeasterly right-of-way of Washington Road (60R/W) with the Westerly right of way of Delowe Drive (50R/W); thence running Southwesterly along the Southeasterly right-of-way of Washington Road a distance of 298.2 feet to a rebar set and the Point of Beginning. Thence from the Point of Beginning and leaving said Southeasterly right-of-way of Washington Road and running South 00 degrees 17 minutes 51 seconds East a distance of 224.73 feet to an open top pipe found; thence running South 85 degrees 29 minutes 33 seconds East a distance of 100.00 feet to a rebar set; thence running South 00 degrees 44 minutes 00 seconds West a distance of 522.00 feet to a rebar set; located on the Northerly right of way of West Farris Avenue (50 R/W); thence running North 88 degrees 03 minutes 57 seconds West along said Northerly right of way of Farris Street a distance of 9.99 feet to a rebar found; thence leaving said Northerly right of way of Farris Street and running North 00 degrees 52 minutes 44 seconds East a distance of 183.95 feet to a crimp top found; thence running North 88 degrees 17 minutes 5 seconds West a distance of 184.07 feet to an open top pipe found; thence running South 00 degrees 3 minutes 50 seconds East a distance of 185.33 feet to a crimp top pipe found located on the said Northerly right of way of Farris Street, thence running North 87 degrees 44 minutes 51 seconds West along the said Northerly right of way of Farris Street a distance of 208.61 feet to an open top pipe found; thence leaving said Northerly right of way of Farris Street and running North 3 degrees 36 minutes 44 seconds West a distance of 191.80 feet to a rebar set; thence running North 65 degrees 25 minutes 44 seconds west a distance of 45.00 feet to a rebar set; thence running North 1 degree 47 minutes 45 seconds East a distance of 409.29 feet to a rebar set on the said Southeasterly right of way of Washington Road; thence running along said Southeasterly right of way of Washington Road following a curve to the left an arc distance of 366.60 feet; (said arc having a radius of 5,955.67 feet and a chord bearing of North 70 degrees 26 minutes 50 seconds East for a chord distance of 366.54 feet) to said rebar set and the Point of Beginning. Said tract or parcel of land containing approximately 5.764 acres (251,077 square feet) as more particularly described on the ALTA/NSPS Land Title Survey for Polaris at East Point Holdings LLC; CoreVest American Finance Lender LLC, a Delaware limited liability company, together with its successors and/or assigns; Chicago Title Insurance Company; and The Law Offices of Jackson E. Oliver, LLC, dated May 25, 2022 by Ronnie Joiner, Georgia Registered Land Surveyor NO. 2488, of Atlas Technical Consultants, Designated Job No. 22232, said survey being incorporated herein by reference. For informational purposes only, the property described above is also known as: 3072 Washington Road, East Point, Georgia 30344. (Property). The indebtedness secured by the Security Deed, as assigned to CAF BRIDGE BORROWER AR, LLC, has been declared due and payable by reason of default under the provisions of the Security Deed and the terms of the Note or notes secured thereby, and sale will be made for the purpose of applying the proceeds thereof toward expenses of sale, payment of indebtedness and interest thereon, and any balance remaining shall be applied as provided by law. The property will be sold as the property of POLARIS AT EAST POINT HOLDINGS LLC. To the best knowledge and belief of the undersigned, the party in possession of the property is Polaris at East Point Holdings LLC or a tenant or tenants, and said property is more commonly known as 3072 Washington Road, East Point, GA 30344. Should a conflict arise between the property address and the legal description the legal description will control. Notice has been given of intention to enforce provisions for collection of attorneys fees and expenses of foreclosure in accordance with legal requirements and the terms of the above Note or notes and Security Deed. The Property will be sold subject to: 1) any outstanding ad valorem taxes (including taxes which are a lien, but not yet due and payable); 2) any matters which might be disclosed by an accurate survey and inspection of the Property; 3) any assessments, liens, encumbrances, zoning ordinances, restrictions, easements and covenants which continue to be in effect and have priority over the interest of the purchaser at the non-judicial foreclosure sale contemplated by this Notice of Sale, and matters of record superior to the Security Deed first set out above. 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. CAF BRIDGE BORROWER AR, LLC has assigned a collateral interest in certain loan documents to MF BRIDGE AGGREGATOR LLC as evidenced by that certain Notice of Collateral Assignment of Mortgage and Loan Documents, recorded in Deed Book 67835, Page 548, of the Fulton County, Georgia Records, reserving all rights to foreclose on the Property at foreclosure sale in CAF BRIDGE BORROWER AR, LLC. CAF BRIDGE BORROWER AR, LLC is the entity or individual designated who shall have full authority to negotiate, amend or modify all terms of the Security Deed. John Parsinen, Asset Management, CoreVest American Finance Lender LLC, 4 Park Plaza, Suite 900, Irvine, CA 92614, 646-780-5156. Note, however, that such entity or individual is not required by law to negotiate, amend or modify the terms of the loan. CAF BRIDGE BORROWER AR, LLC, SUCCESSOR IN INTEREST TO COREVEST AMERICAN FINANCE LENDER LLC, ATTORNEY IN FACT FOR POLARIS AT EAST POINT HOLDINGS LLC ANDERSEN, TATE & CARR, P.C. One Sugarloaf Centre 1960 Satellite Boulevard, Suite 4000 Duluth, Georgia 30097 James C. Joedecke, Jr., Esq. (770) 822-0900 THIS LAW FIRM IS ATTEMPTING TO COLLECT A DEBT AND ANY INFORMATION OBTAINED MAY BE USED FOR THAT PURPOSE. 8:6,13,20,27ep