Trustee Sale- Walter Studebaker

NOTICE OF TRUSTEE’S SALE

WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated March 27, 2014, and the Deed of Trust of even date securing the same, recorded March 28, 2014, in Book No. TD525, at Page 80,   in Office of the Register of Deeds for Macon County, Tennessee, executed by Walter A. Studebaker, conveying certain property therein described to Andrew C. Rambo as Trustee for Mortgage Electronic Registration Systems, Inc., as a nominee for First Community Mortgage, Inc., its successors and assigns; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee by PennyMac Loan Services, LLC.
NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee, by PennyMac Loan Services, LLC, will, on February 4, 2016 on or about 12:00 PM, at the Macon County Courthouse, Lafayette, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity pre-approved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Macon County, Tennessee, and being more particularly described as follows:

Lying and being in the 1st Civil District of Macon County, Tennessee, and in the City of Lafayette, and described as follows: Being Lots No. 20, 21, 22, 23, and 24, of Section B of the Freeman Addition to the City of Lafayette, a plat of said lots is recorded in Deed Book 48, Page 332 (now Plat Cabinet 1, Slide 158-B), in the Register’s Office of Macon County, Tennessee, to which reference is hereby made for a more complete description of said lots.
ALSO KNOWN AS:  302 Galen Road, Lafayette, TN 37083
This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property: 
WALTER A. STUDEBAKER
The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time.  The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above.  W&A No. 309720
DATED January 5, 2016
WILSON & ASSOCIATES, P.L.L.C., Successor Trustee