431 Lanier St Nw

NOTICE OF SALE UNDER POWER STATE OF GEORGIA COUNTY OF FULTON Under and by virtue of the power of sale contained in that certain Deed to Secure Debt, Security Agreement and Assignment of Rents and Leases, from Palm Coast Georgia, LLC ("Grantor"), to and in favor of Velocity Commercial Capital, LLC ("Original Lender"), dated August 23, 2022, recorded August 24, 2022 at Deed Book 66068, Page 62, Fulton County, Georgia records, as assigned to U.S. Bank Trust Company, National Association as Trustee for Velocity Commercial Capital Loan Trust 2022-5 ("Lender"), pursuant to that Assignment of Deed to Secure Debt, Security Agreement and Assignment of Leases and Rents, recorded November 15, 2022 at Deed Book 66321, Page 549, aforesaid Georgia records (the "Security Deed") securing that certain Term Note, dated August 23, 2022 in the original principal amount of $180,000.00 (the "Note"); there will be sold at public outcry by Lender as attorney-in-fact of Grantor to the highest bidder for cash between the legal hours for sale before the Courthouse door or any other officially designated area for such foreclosure sales in Fulton County, Georgia, on the first Tuesday, in August, 2025, the following described property (the "Premises") to wit: All that tract or parcel of land lying and being in Land Lot 146; 14th District, Fulton County, Georgia, being Lot 24 of Hubberd & Shreeve, being a J.D. Coursey Property, as per plat recorded in Plat Book 13, Page 57, Fulton County Records, which plat is hereby referred to and made a part hereof by reference. Said property being known as 431 Lanier Street NW according to the present system of numbering property in Fulton County, Georgia. Parcel ID: 14-0146-0010-033-5. FURTHER LESS AND EXCEPT that property, if any, released of record. The indebtedness evidenced by the Note is due and payable and remains unpaid. The Security Deed therefore has become and is now foreclosable according to its terms. Accordingly, the Premises will be sold at public outcry pursuant to the terms of the power of sale provided in the Security Deed. The Premises will be sold on an as is, where is basis without recourse against Lender and without representation or warranty of any kind or nature whatsoever by Lender with respect thereto. The proceeds of the sale are to be applied first to the expenses of the sale and all proceedings in connection therewith, including attorneys fees (notice of intention to collect attorneys fees having been given), then to the payment of all sums secured by the Security Deed, and the remainder, if any, will be paid to the person or persons legally entitled thereto, all as provided in the Note and Security Deed. The Premises shall be sold as the property of Grantor, subject to all restrictions, easements and other matters of record that are prior to the Security Deed and to which the Security Deed is subject and to any unpaid city, county and state ad valorem taxes or assessments relating to the Premises. The entity that has full authority to negotiate, amend, and modify all terms of the Note with the Borrower is: Velocity Commercial Capital, LLC as agent for Lender, Brett Neal, 2945 Townsgate, Ste. 110, Westlake Village, CA 91361; (818) 338-9538, bneal@velocitycommercial.com. Please understand that the secured creditor is not required by law to negotiate, amend, or modify the terms of the Deed instrument. To the best knowledge and belief of the undersigned, the party in possession of the Premises is Grantor, Palm Coast Georgia, LLC, Todd Wright and Talia Tappin by virtue of that unauthorized conveyance as evidenced by that certain Quitclaim Deed, recorded May 16, 2025 at Deed Book 68958, Page 72, Fulton County, Georgia records, or a tenant or tenants and said property is more commonly known as 431 Lanier St, NW, Atlanta, Georgia 30318-8109. U.S. Bank Trust Company, National Association, as Trustee for Velocity Commercial Capital Loan Trust 2022-5 as Attorney-in-Fact for Palm Coast Georgia, LLC Lisa A. Frank McCalla Raymer Leibert, Pierce, LLP 1544 Old Alabama Road Roswell, Georgia 30076 (678) 281-6503 Lisa.Frank@mccalla.com 7:9,16,23,30ep