1211 E 49th St

NOTICE OF SALE UNDER POWER STATE OF GEORGIA ) COUNTY OF CHATHAM) Under and by virtue of the power of sale granted by John M. Pinkerton, Jr. and Connie Pinkerton ("Grantor") to Queensborough National Bank and Trust Company ("Grantee") in that certain Deed to Secure Debt dated June 26, 2019, and recorded in the Office of the Clerk of the Superior Court of Chatham County, Georgia, in Deed Book 1656, Page(s) 654, et seq., Grantee will offer for sale at public outcry before the Courthouse Door, in Chatham County, Georgia, within the legal hours of sale on the First Tuesday in August 2025, being August 5, 2025, for CASH to the highest bidder, the purchaser paying the transfer tax, all costs of preparing and recording a deed of conveyance, ad valorem taxes and all other assessments or liens against the property, if any, the following-described properties, to-wit: SEE "EXHIBIT A" ATTACHED HERETO The above-referenced Deed to Secure Debt was given to secure the obligations of Grantor pursuant to certain guarantee(s) of Grantor in conjunction with a loan to Moon River Brewing Company, LLC, a Georgia Limited Liability Company, with indebtedness evidenced by a Promissory Note in the original principal amount of SIX HUNDRED SEVENTY FIVE THOUSAND 00/100 DOLLARS ($675,000.00) with interest thereon, and also any renewals, extensions, or modifications of any such indebtedness in whole or in part and all future advances that were made by Grantee. The indebtedness secured by said Deed to Secure Debt has been and is again declared due and payable in full because of, among other events of default, the failure of Grantor to make payments when due in the manner provided in said guarantee(s). 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 said Deed to Secure Debt, accrued interest thereon, expenses of the sale, attorneys' fees (notice of intention to collect attorneys' fees having been given) and all other sums secured by the Deed to Secure Debt, and the remainder, if any, shall be applied as provided by said Deed to Secure Debt and by law. To the best of the undersigned's knowledge and belief, the property described on "Exhibit A" is in the possession of John M. Pinkerton, Jr. and Connie Pinkerton, or a tenant or tenants. The property is more commonly known as 1211 EAST 49TH STREET, SAVANNAH GEORGIA 31404. Said property will be sold as the property of John M. Pinkerton, Jr. and Connie Pinkerton and subject to any outstanding ad valorem taxes (including taxes which are a lien, but are not yet due and payable), any matters which might be disclosed by an accurate survey and inspection of the property, any assessments, zoning ordinances, covenants, all liens, encumbrances, easements, restrictions or other matters of record that may have priority over said Deed to Secure Debt, if any. 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 Deed to Secure Debt. In compliance with Official Code of Georgia Section 44-124-162.2, Grantee hereby states that the person with full authority to negotiate, amend, and modify all terms of the security deed with the debtor is Mr. Tom Watson, whose address is 113 East Broad Street, Louisville, Georgia 30434 and whose telephone number is 478-625-2021. However, this statement does not imply that Grantee will in fact agree to negotiate, amend and modify the terms of the security deed. Queensborough National Bank and Trust Company, Bowen A. Klosinski., KLOSINSKI OVERSTREET, LLP, 1229 Augusta West Parkway, Augusta, Georgia 30909, Tel: 706-863-2255. "EXHIBIT A" All that certain lot, tract or parcel of land situate, lying and being in the City of Savannah, Chatham County, Georgia, and being known and designated as Lots 346, 347 and 348 Pierpont Ward, said three lots lying contiguous and together having a frontage of ninety-three (93) feet on the Southside of 49th Street with a rectangular depth of One Hundred Five (105) feet to a lane; and as a whole being bounded as follows: On the North by 49th Street; on the East by Lot 349, said Ward; on the South by said land and on the West by Lot 345, said Ward. SUBJECT to covenants, restrictions, easements of record and taxes for the current year. Said property containing improvements thereon known as 1211 East 49th Street, Savannah, Georgia Map and Parcel No.: 2-0085-12-003 July 10, 17, 24, 31 2025 LGSC0324778