3406 Rex Rd

NOTICE OF SALE UNDER POWER STATE OF GEORGIA COUNTY OF CLAYTON By virtue of the power of sale contained in that certain Deed to Secure Debt and Security Agreement from A U C Institute for Career Studies, Inc. to Quantum National Bank dated November 13, 2017, recorded November 16, 2017, in Deed Book 11201, Page 30, Clayton County, Georgia records (the Security Deed) as modified by that certain Modification of Security Deed dated December 13, 2022, recorded January 12, 2023 in Deed Book 13299, Page 384, Clayton County, Georgia records, given to secure a promissory note in the original amount of $1,050,000.00 with interest on the unpaid balance until paid, the following described property will be sold at public outcry to the highest bidder for cash at the courthouse door of Clayton County, Georgia, or such other location within the legal hours of sale on the first Tuesday in August 2025, to wit: August 5, 2025, the following described property: TRACT 1: ALL THAT TRACT or parcel of land lying and being in Land Lot 152 of the 12th District of Clayton County, Georgia, and being more particularly described as follows: BEGINNING AT A POINT on the northerly margin of Rex Road which point is located a distance of 1049.3 feet westerly as measured along the northerly margin of Rex Road from the intersection of the northerly margin of Rex Road and the westerly margin of Meadowview Road; thence north 0 degrees 15 minutes 30 seconds west a distance of 200.00 feet to a point; thence south 89 degrees 09 minutes 30 seconds east a distance of 100 feet to a point; thence north 0 degrees 15 minutes 30 seconds west a distance of 2783.0 feet to a point located at the center line of Cotton Indian Creek; thence in a generally northwesterly direction along the center line of Cotton Indian Creek a distance of 315.0 feet to a point; thence south 0 degrees 7 minutes 30 seconds west a distance of 3024.0 feet to a point on the northerly margin of Rex Road; thence south 89 degrees 09 minutes 30 seconds east a distance of 213.5 feet to a point, THE POINT OF BEGINNING. Being the same property as appearing on a plat of survey for M. L. Colwell, prepared by W. R. Frans, Registered Land Surveyor and dated Sept. 27, 1972. LESS AND EXCEPT: 15.195 acres situated in Land Lot 152 of 12th District, Clayton County, Georgia: Beginning at a 1/2 inch rebar (set); said BEGINNING POINT being referenced Southeast 650.45 feet along the North Right of Way of Rex Road, thence North 00 degrees 18 minutes 34 seconds East; 387.82 feet, thence North 00 degrees 26 minutes 41 seconds East, 388.53 feet, from a Concrete Right of Way Marker at the Northeast Intersection of Rex Road and Inter-State 675. Thence North 00 degrees 26 minutes 41 seconds East for a distance of 2255.56 feet to a point in the Centerline of Cotton Indian Creek; Thence South 84 degrees 19 minutes 54 seconds East for a distance of 138.15 feet to a point in the Centerline of Cotton Indian Creek; Thence South 78 degrees 20 minutes 04 seconds East for a distance of 151.51 feet to a point in the Centerline of Cotton Indian Creek; Thence South 00 degrees 04 minutes 13 seconds East for a distance of 2207.55 feet to a 'A inch rebar (set). Thence South 89 degrees 19 minutes 07 seconds West for a distance of 306.19 feet to the Point of Beginning. Together with and subject to covenants, easements, and restrictions of record. Said property contains 15.195 acres more or less. TOGETHER WITH: TRACT 2: ALL THAT TRACT or parcel of land lying and being in Land Lot 152 of the 12th District of Clayton County, Georgia, and being more particularly described as follows: BEGINNING at a point on the North side of Rex Road, said point located 943.3 feet West from the corner formed by the intersection of the North side of Rex Road with the West side of Meadowview Road, as measured along the North side of Rex Road; running thence West along the North side of Rex Road, One Hundred (100) feet to a point; thence North 0 Degrees 15 Minutes 30 Seconds West, Two Hundred (200) feet to a point; thence South 89 Degrees 9 Minutes 30 Seconds East, One Hundred (100) feet to a point; thence South 0 Degrees 15 Minutes 30 Seconds East, Two Hundred (200) feet to a point on the North side of Rex Road and the point of beginning; being improved property known as No. 3426 Rex Road, Clayton County, Georgia. Tax Parcel ID Nos. 12152C A006 and 12152C A007 Being real property commonly known as 3406 Rex Road, Rex, Georgia 30273 and 3426 Rex Road, Rex, Georgia 30273 The debt secured by the above-referenced security deed has been declared due because of the default in the payment of said debt per the terms of the note and other possible defaults by the borrower or the successor thereto. The debt remaining in default, this sale will be made for the purpose of paying the debt and all expenses of this sale including attorneys fees (notice of intent to collect attorneys fees having been given). Said sale will be made subject to the following items which may affect the title to said property: All restrictive covenants, easements and rights-of-way appearing of record, if any; all zoning ordinances; matters which would be disclosed by an accurate survey or by an inspection of the property; all outstanding or unpaid bills and assessments for street improvements, curbing, garbage, water, sewage and public utilities which may be liens upon said property; and any outstanding taxes, assessments and other liens superior to the security deed being foreclosed hereby. To the best knowledge and belief of the undersigned, the above-described property is in the possession of the borrower and/or other persons as with the consent and acquiescence of the borrower. Pursuant to O.C.G.A. ? 44-14-162.2, the name, address and telephone number of the person or entity who shall have full authority to negotiate, amend, or modify all terms of the above-described mortgage is as follows: HomeTrust Bank, successor by merger to Quantum National Bank Attn: Rich Humphrey 320 Ridgefield Ct. Asheville, NC 28806 Telephone: (828) 365-7133 The foregoing notwithstanding, nothing in O.C.G.A. ? 44-14-162.2 shall be construed to require HomeTrust Bank to negotiate, amend, or modify the terms of the Deed to Secure Debt described herein. HomeTrust Bank, as successor by merger to Quantum National Bank, as Attorney in Fact for Education System Management, Inc. Attorney Contact: Jody Charles Campbell Blum & Campbell, LLC 3000 Langford Road, Bldg. 100 Peachtree Corners, Georgia 30071 Telephone: 470-365-2890 Facsimile: 470-365-2889 THIS COMMUNICATION IS FOR A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. 9075-493568, 07/09,16,23,30,2025