2232 LEE ST_BSI
NOTICE OF FORECLOSURE SALE UNDER POWER NEWTON COUNTY, GEORGIA Under and by virtue of the Power of Sale contained in a Security Deed given by Fortune Equity Properties, LLC to Patch Lending, LLC, DBA Patch of Land, dated 8/10/2021 and recorded 08/13/2021 in Instrument D2021015545, DEED BOOK 4247, PAGE 351, Newton County, Georgia Records, as last transferred to Toorak Capital Partners, LLC, by assignment dated 8/24/2021 and recorded on 8/26/2021 in DEED BOOK 4254 AND PAGE 130 in the Office of the Clerk of Superior Court of Newton County, Georgia Records, conveying the after-described property to secure a Note in the original principal amount of $95,250.00, 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 Newton County, Georgia, within the legal hours of sale on the first Tuesday of June 2026, the following described property: ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN THE CITY OF COVINGTON, LAND LOT 250 OF THE 9TH DISTRICT NEWTON COUNTY, GEORGIA AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE INTERSECTION OF THE WEST RIGHT-OF-WAY OF LEE STREET AND THE SOUTH RIGHT-OF-WAY OF SOUTH STREET, THENCE IN A SOUTH DIRECTION 166.02 FEET ALONG THE WEST RIGHT-OF-WAY OF LEE STREET TO AN IPS 1/2"RB AT THE TRUE POINT OF BEGINNING. THENCE SOUTH 01 DEGREES 09 MINUTES 36 SECONDS WEST FOR A DISTANCE OF 52.84 FEET TO A POINT; THENCE SOUTH 89 DEGREES 19 MINUTES 46 SECONDS WEST FOR A DISTANCE OF 103.08 FEET TO AN IPS 1/2"RB; THENCE NORTH 00 DEGREES 39 MINUTES 31 SECONDS EAST FOR A DISTANCE OF 56.29 FEET TO AN IPS 1/2"RB; THENCE SOUTH 88 DEGREES 45 MINUTES 14 SECONDS EAST FOR A DISTANCE OF 103.52 FEET TO AN IPS 1/2"RB AT THE TRUE POINT OF BEGINNING. TOGETHER WITH AND SUBJECT TO COVENANTS, EASEMENTS AND RESTRICTIONS OF RECORD. SAID PROPERTY CONTAINS 0.13 ACRES. PARCEL ID: C027000060005A00 COMMONLY KNOWN AS 2232 LEE STREET SW, COVINGTON, GA 30014 HOWEVER, BY SHOWING THIS ADDRESS NO ADDITIONAL COVERAGE IS PROVIDED. 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: BSI Financial Services; they can be contacted at (866)581-4514 for Loss Mitigation Dept, or by writing to 314 S Franklin St/Second Floor PO Box 517, Titusville, PA 16354 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 Fortune Equity Properties, LLC or tenant(s); and said property is more commonly known as 2232 Lee Street SW, Covington, GA 30014. 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. Toorak Capital Partners, LLC as Attorney in Fact for Fortune Equity Properties, LLC Sokolof Remtulla, LLP 3295 River Exchange Drive, Suite 280, Norcross GA 30092 949-449-1574 Fortune Equity Properties, LLC PUBLIC NOTICE #704016 5/3,10,17,24