1219 Richards St

NOTICE OF FORECLOSURE SALE UNDER POWER CHATHAM COUNTY, GEORGIA Under and by virtue of the Power of Sale contained in a Security Deed given by Spencer Holdings LLC to SkyBeam Capital REIT LLC, dated 03/19/2024 and recorded 03/28/2024 in DEED BOOK 3336, PAGE 770, Chatham County, Georgia Records as last transferred to Trident Realty Investments Atlas SPV, LLC by assignment to be recorded in the land records of Chatham County, Georgia, conveying the after-described property to secure a Note in the original principal amount of $140,500.00, with interest thereon as set forth therein, there will be sold at public outcry to the highest bidder for cash before the courthouse door of Chatham County, Georgia, within the legal hours of sale on the first Tuesday of August 2025, the following described property: ALL THOSE CERTAIN LOTS, TRACTS AND PARCELS OF LAND SITUATE, LYING AND BEING IN THE CITY OF SAVANNAH, CHATHAM COUNTY, GEORGIA AND BEING KNOWN AND DESIGNATED AS LOTS NUMBERED 114 AND 115, MITCHELL WARD, GRANT PARK AS SHOWN ON THE OFFICIAL MAP OR PLAN OF THE CITY OF SAVANNAH RECORDED IN THE OFFICE OF THE CLERK OF THE SUPERIOR COURT OF CHATHAM COUNTY, GEORGIA. THIS CONVEYANCE IS MADE SUBJECT TO ALL VALID AND ENFORCABLE RESTRICTIVE COVENANTS AND EASEMENTS OR RECORD APPLICABLE THERETO. This conveyance is made subject to all zoning ordinances, easements and restrictions of record affecting said bargained premises. The debt secured by said Security Deed has been and is hereby declared due because of, among other possible events of default, failure to pay the indebtedness as and when due and in the manner provided in the Note and Security Deed. The debt remaining in default, this sale will be made for the purpose of paying the same and all expenses of this sale, as provided in Security Deed and by law, including attorney's fees (notice of intent to collect attorney's fee having been given). The entity having full authority to negotiate, amend or modify all terms of the loan (although not required by law to do so) is Longhorn Investments; they can be contacted at (214) 420-7312 for Loss Mitigation Dept, or by writing to 17103 Preston Road, Ste. 250, Dallas, TX 75248 to discuss possible alternatives to avoid foreclosure. Said property will be sold on “as-is” basis and subject to any outstanding ad valorem taxes (including taxes which are a lien, but not yet due and payable), any matters which might be disclosed by an accurate survey and inspection of the property, any assessments, liens, encumbrances, zoning ordinances, restrictions, covenants, and matters of record superior to the Security Deed first set out above. To the best knowledge and belief of the undersigned, the party in possession of the property is Spencer Holdings LLC or tenant(s); and said property is more commonly known as 1219 Richards St, and 1221 Richards St, Savannah, GA 31415. The sale will be conducted subject to (1) confirmation that the sale is not prohibited under the U.S. Bankruptcy Code (2) final confirmation and audit of the status of the loan with the holder of the security deed and (3) any right of redemption or other lien not extinguished by foreclosure. Trident Realty Investments Atlas SPV LLC as Attorney in Fact for Spencer Holdings LLC. Sokolof Remtulla, LLP 3295 River Exchange Drive, Suite 280 Norcross, GA 30092 or 949-449-1577 Spencer Holdings LLC