Notice of Sale Under Power in Security Deed
State of Georgia
County of Richmond
Under and by virtue of the Power of Sale contained in the Deed to Secure Debt, Assignment of Leases and Rents, and Security Agreement from SFR5, LLC, a Georgia limited liability company to PIC FUND I, LLC, a Wyoming limited liability company, dated March 10, 2025, and recorded in Deed Book 1963, Page 2762, in the offices of the Clerk of the Superior Court of Richmond County, Georgia (as same may have been modified from time to time, collectively the “Security Deed”), the undersigned will sell at public outcry to the highest and best bidder for cash before the door of the Courthouse of Richmond County, Georgia, during the legal hours of sale, on the first Tuesday in April, 2026, the following described real property, to wit:
ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN RICHMOND COUNTY, GEORGIA COMMONLY KNOWN AS 2111 VANDIVERE ROAD, AUGUSTA, GA 30904-5445 AND BEING MORE PARTICULARY DESCRIBED AS FOLLOWS:
ALL THAT LOT OR PARCEL OF LAND LYING AND BEING IN THE CITY OF AUGUSTA, STATE OF GEORGIA, COUNTY OF RICHMOND, HAVING A FRONTAGE OF 80 FEET ON THE WEST SIDE OF VANDIVERE DRIVE AND EXTENDING BACK FROM THEREON ITS NORTHERN BOUNDARY A DISTANCE OF 164 FEET AND EXTENDING BACK FROM SAID FRONTAGE FOR A DISTANCE OF 140.6 FEET TO A REAR WIDTH OF 68.7 FEET. SAID PROPERTY IS KNOWN AND DESIGNATED AS LOT 3 ON A PLAT RECORDED IN THE OFFICE OF THE CLERK OF SUPERIOR COURT OF RICHMOND COUNTY, GEORGIA IN REALTY BOOK 17-O, PAGE 145; A SURVEY OF SAID LOT HAVING BEEN MADE BY BILLY B. BEAZLEY, C.E. DATED MAY 11, 1966.
SAID PROPERTY IS CONVEYED SUBJECT TO A 10 FOOT SIDEWALK EASEMENT ACROSS THE FRONT OF SAID LOT AS SHOWN ON AFORESAID SURVEY AND A 10 FOOT SANITARY SEWER EASEMENT ACROSS THE REAR OF SAID LOT AS SHOWN ON AFORESAID SURVEY.
PROPERTY BEING MORE COMMONLY KNOWN AS: 2111 VANDIVERE ROAD, AUGUSTA, GA 30904-5445 [TAX PARCEL ID # 056-4-073-00-0]
In addition, under and by virtue of the power of sale contained in the Security Deed, the undersigned will also sell at public outcry to the highest bidder for cash before the door of the Courthouse of Richmond County, Georgia, immediately following the sale of the above-described real property, the following described personal property owned by SFR5, LLC, or its successors-in-title and secured by the Security Deed, to wit:
All personal property described in and subject to the Security Deed, which is hereby incorporated by this reference.
Less and except any fixtures subject to the security interest on the above-described real property.
The debt secured by the Security Deed is evidenced by a Promissory Note, dated March 10, 2025 from SFR5, LLC to PIC FUND I, LLC in the original principal amount of $126,100.00 (as same may have been further modified, renewed or amended, collectively the “Note”); plus interest from date on the unpaid balance until paid, and other indebtedness.
Default has occurred and continues under the terms of the Note and Security Deed by reason of, among other possible events of default, the nonpayment when due of the indebtedness evidenced by the Note and secured by the Security Deed and the failure to comply with the terms and conditions of the Note and Security Deed. By reason of this default, the Security Deed has been declared foreclosable according to its terms.
The above-described real property will be sold to the highest and best bidder for cash as the property of SFR5, LLC, the proceeds to be applied to the payment of said indebtedness, attorneys’ fees, and the lawful expenses of said sale, all as provided in the Note and Security Deed. The sale shall be subject to the following: all outstanding ad valorem taxes and/or assessments, if any; possible redemptive rights of the Internal Revenue Service, if any; and all prior assessments, easements, restrictions or matters of record.
To the best of the undersigned’s knowledge and belief, the real property is presently owned by SFR5, LLC.
To the best of the undersigned’s knowledge and belief, the party in possession of the real property is SFR5, LLC, and tenants holding under it.
All personal property will be sold in one lot to the highest and best bidder for cash as the property of SFR5, LLC, or its successors-in-title, on an “as is, where is” basis and without representation, warranty or recourse, express or implied, of the undersigned, and subject to all matters of record affecting said personal property, the proceeds to be applied to the payment of said indebtedness, attorneys’ fees and the lawful expenses of said sale, all as provided in the Security Deed.
PIC FUND I, LLC, as Attorney-in-Fact for SFR5, LLC.
M. Todd Westfall, Esquire
WESTFALL, LLC
4994 Lower Roswell Rd, Ste 6
Marietta, Georgia 30068
(678) 384-7005