2402 Lynn Iris Dr

430-499426 7/10,7/17,7/24 7/31NOTICE OF SALE UNDER POWERSTATE OF GEORGIACOUNTY OF DEKALBUnder and by virtue of the power of sale contained in that certain Construction Security Deed, Assignment of Leases and Rents, Security Agreement and Fixture Filing from The John Bennett Group LLC, a Georgia limited liability company (the “Grantor”) to and in favor of CEG Funding LLC, a Delaware limited liability company (the “Lender”), predecessor in interest to Tryon Street Acquisition Trust I (the “Holder”) dated January 24, 2024, and recorded in Deed Book 31265, Page 358, DeKalb County, Georgia records, as transferred and assigned (as assigned, amended and/or modified, the “Security Deed”), securing that certain Note dated January 24, 2024 in the original principal amount of $599,143.00 executed by Grantor payable to Holder (as amended and/or modified, the “Note”), there will be sold at public outcry by Holder, as attorney-in-fact for Grantor, to the highest bidder for cash between the legal hours for sale before the Courthouse door in DeKalb County, Georgia, on Tuesday, August 5, 2025, the following described land, improvements and appurtenances (hereinafter collectively referred to as the “Premises”) to wit:Property Address: 2402 Lynn Iris Drive, Decatur, GA 30032 ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN LAND LOT 171 OF THE 15TH DISTRICT, DEKALB COUNTY, GEORGIA, BEING LOT 24, BLOCK D, EAST LAKE TERRACE SUBDIVISION, AS PER PLAT RECORDED IN PLAT BOOK 7, PAGE 80, IN THE OFFICE OF THE SUPERIOR COURT OF DEKALB COUNTY, GEORGIA, WHICH RECORDED PLAT IS INCORPORATED HEREIN BY REFERENCE AND MADE A PART OF THIS DESCRIPTION.TOGETHER WITH the rents, issues and profits thereof, all plans, specifications, shop drawings and other technical descriptions prepared for construction, repair or alteration of the Property and any improvements thereon, and all amendments and modifications thereof, and all other construction related agreements in any way relating to the development, construction or use of the Property.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 Holder and without representation or warranty of any kind or nature whatsoever by Holder 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 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.To the best of the undersigned's knowledge and belief, the owner of the Premises is the Grantor and the party or parties in possession of the Premises is the Grantor or tenants of the Grantor.TRYON STREET ACQUISITION TRUST IAs Attorney-in-Fact for++THE JOHN BENNETT GROUP LLC/2402 Lynn Iris Drive, Decatur, GA 30032 ++Lisa Wolgast, Esq.Barnes & Thornburg LLP3340 Peachtree Rd NESuite 2900Atlanta, GA 30326(470) 832-7535