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  1. Home
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  3. Foreclosures / Sheriff Sales

NOTICE OF SALE UNDER POWER

NOTICE OF SALE UNDER POWER STATE OF GEORGIA COUNTY OF CHATHAM NOTICE OF SALE UNDER POWER RAM CO6, LLC, a Delaware limited liability company (the "Lender"), under and by virtue of the power of sale contained in that certain Deed to Secure Debt, Assignment of Leases and Rents, Security Agreement and Fixture Filing dated as of June 30, 2022 and recorded on July 5, 2022 in Deed Book 2849, Page 618 with the Chatham County, Georgia, Clerk of Superior Court (as amended from time to time, collectively, the "Security Instrument"), executed and delivered by 11900 WHITE BLUFF RD PROPERTY, LLC, a Delaware limited liability company and 10014 WHITE BLUFF RD PROPERTY, LLC, a Delaware limited liability company (individually and collectively, as the context may require, "Borrower") to CAPITAL ONE, NATIONAL ASSOCIATION (the "Original Lender"), as assigned by Original Lender to Lender pursuant to that certain Assignment of Deed to Secure Debt, Assignment of Leases and Rents, Security Agreement and Fixture Filing dated June 28, 2024 and recorded on July 18, 2024 in Deed Book 3432, Page 420 with the Chatham County, Georgia, Clerk of Superior Court (the "Assignment", and together with the Security Instrument, the "Security Deed"), which Security Deed secures indebtedness evidenced by that certain Promissory Note dated June 30, 2022, in the original principal amount of $39,500,000.00 (the "Note"). Lender, being the owner and holder of the Security Deed and acting in its capacity as attorney-in-fact for Borrower, will sell at public outcry to the highest bidder for cash before the Courthouse door of Chatham County, Georgia, within the legal hours of sale on April 7, 2026, certain real property legally described as (or so much thereof as has not, as of the first Tuesday, been released by duly recorded instrument from the Security Deed): TRACT 1: ALL that lot, tract or parcel of land lying and being in the 6th G.M. District, City of Savannah, Chatham County, Georgia, and being more particularly described as follows: Commencing at the point of intersection of the Southern right-of-way line of Holland Drive and the Western right-of-way line of White Bluff Road, thence South 70 degrees 51 minutes East, a distance of 40.23 feet to a point on the Eastern right-of-way line of White Bluff Road; thence North 13 degrees 27 minutes East, a distance of 963.28 feet to a point, thence in a Northerly direction along the Eastern right-of-way line of White Bluff Road, North 13 degrees 36 minutes East, a distance of 150.00 feet in a northerly direction along the eastern right-of-way of White Bluff Road, to a point marked by a concrete monument, thence South 72 degrees 21 minutes East, a distance of 20.08 feet to a point of dedication for the future widening of White Bluff Road, marked by an iron pin, which is also the point of beginning, thence North 12 degrees 25 minutes 30 seconds East, a distance of 162.03 feet in a northerly direction and parallel to White Bluff Road to a point of dedication for the future widening of White Bluff Road, marked by an iron pin, thence South 72 degrees 26 minutes 50 seconds East, a distance of 3661.52 plus minus feet to a point at Mean High Water Line of the Vernon River, thence in a southerly direction along the Mean High Water Line of the Vernon River, a distance of 314 plus or minus feet to a point on the Mean High Water Line of the Vernon River, thence North 72 degrees 21 minutes 00 seconds West, a distance of 3051.28 feet to a point, marked by an iron pin, thence North 13 degrees 36 minutes 00 seconds East, a distance of 150.00 feet to a point marked by an iron pipe thence North 72 degrees 21 minutes 00 seconds West, a distance of 674.95, to a point which is the same point of beginning. The above described property being bounded on the West by White Bluff Road, on the North by Marsh Cove Associates, on the East by the Vernon River, and on the South by Somerset Wharf, Phase I, and is more particularly described as a recombination of Lots A, B, and C, of the Ashley Subdivision and the Southeastern portion of Lot 3 of the Verdry Farms Tract, 6th G.M. District, Savannah, Chatham County, Georgia, and known as Somerset Wharf, Phase 2, which is shown on a plat by Keaton Land Surveying, Inc., dated 9-11-87, revised 1-6-88. TRACT 2: ALL that certain lot, tract or parcel of land, situate, lying and being in the 6th G.M. District of Savannah, Chatham County, Georgia, and known as the western one-half of the southern one half of Lot 3 and the northern one-half of Lot 4 of the Old Verdery Farms. Said Tract is more particularly shown on a plat of survey prepared by Keaton Land Surveying, Inc., dated December 4, 1985, and recorded in the Office of the Clerk of Superior Court of Chatham County, Georgia in Plat Record Book 7-P, Page 105B, which plat, by this reference, is expressly made a part of this conveyance. LESS AND EXCEPT from the above-described property that portion of the property conveyed by that certain Right of Way Deed from Colonial Properties, Inc. to Chatham County, dated April 28, 1989, filed for record May 10, 1989 at 4:00 p.m., recorded in Deed Book 141-Z, Page 532, Records of Chatham County, Georgia. FURTHER LESS AND EXCEPT from the above described property that portion of the property conveyed by that certain Petition - Chatham County, Georgia vs. .0994 Acres of Land; and Heatherbrooke Investors, Ltd., First Alabama Bank, AmSouth Bank, N.A., et al, being Docket No. X89-1731-G, filed for record March 9, 1990 at 1:22 p.m., recorded in Deed Book 145-A, Page 270, aforesaid records. FURTHER LESS AND EXCEPT from the above described property that portion of the property conveyed by that certain Petition - Chatham County, Georgia vs. 0.0332 Acres of Land; and Equity Partners Joint Venture, Bank South, N.A., SMA Life Assurance Company, et al, being Docket No. X89-1776-G, filed for record May 23, 1990 at 1:22 p.m., recorded in Deed Book 145-A, Page 284, aforesaid Records. FURTHER LESS AND EXCEPT from the above described property that portion of the property conveyed by that certain Right of Way Deed from Vernon Marsh, L.P. to Chatham County, dated July 7, 2008, filed for record July 17, 2008 at 9:15 a.m., recorded in Deed Bok 343-A, Page 506, aforesaid records. ALSO DESCRIBED AS: All that lot, tract, or parcel of land lying and being in the 6th G.M. District, City of Savannah, Chatham County, Georgia, and being more particularly described as follows: Beginning at a point on the eastern R/W of White Bluff Rd, said point being 312 feet north of the intersection of the northern R/W of Abercorn-White Bluff Rd and the eastern right-of-way of White Bluff Rd; thence North 07 degrees 15 minutes 09 seconds West for a distance of 38.27 feet to a point; thence North 11 degrees 35 minutes 51 seconds East for a distance of 128.24 feet to a point; thence South 74 degrees 41 minutes 25 seconds East for a distance of 9.65 feet to a point; thence North 12 degrees 26 minutes 15 seconds East for a distance of 19.50 feet to a point; thence North 74 degrees 41 minutes 25 seconds West for a distance of 9.65 feet to a point; thence North 12 degrees 19 minutes 59 seconds East for a distance of 115.03 feet to a point; thence South 83 degrees 44 minutes 20 seconds East for a distance of 32.29 feet to a point; thence North 00 degrees 33 minutes 28 seconds West for a distance of 26.69 feet to a point; thence North 83 degrees 16 minutes 04 seconds West for a distance of 29.72 feet to a point; thence North 12 degrees 44 minutes 18 seconds East for a distance of 145.33 feet to a point; thence leaving said right-of-way South 72 degrees 26 minutes 50 seconds East for a distance of 3659.28 feet to a point at Mean High Water Line of the Vernon River; thence in a southerly direction along the Mean High Water Line of the Vernon River, passing through a point (A) at 1354.07 feet, which is the edge of the marsh; thence in a southerly direction a distance of 314 plus or minus feet to a point on the Mean High Water Line of the Vernon River; thence North 72 degrees 21 minutes 00 seconds West for a distance of 2,095.00 feet to a point at Mean High Water Line of the Vernon Creek; thence in a southerly direction along the Mean High Water Line of the Vernon Creek 191 feet plus or minus to a point; thence North 72 degrees 21 minutes 00 seconds West 1481.49 feet to the Point of Beginning, passing through a Point (C) 217.00 feet, which is the edge of the marsh; the marsh traverse line from Point (A) to (C) is as follows: (A) South 15 degrees 46 minutes 19 seconds West for a distance of 313.46 to Point (B), thence South 31 degrees 50 minutes 24 seconds West for a distance of 161.01 feet to Point (C). All that certain tract or parcel of land lying and being in the 6th G.M.D., City of Savannah, Chatham County, Georgia and being more particularly described as follows: Commencing at the point of intersection of the northern right-of-way line of Lorwood Drive (60' R/W) and the eastern right-of-way of White Bluff Road (R/W varies); thence along the aforesaid right-of-way line of White Bluff Road North 14°50'30" East, 61.58 feet to a point; thence, North 01°09'30" East, 23.50 feet to a point; thence North 14°33'01" East, 72.36 feet to a concrete monument found; thence, North 15°47'47" East, 174.00 feet to a 1/2" rebar found, said 1/2" rebar being the point of beginning; thence, leaving the aforesaid point of beginning and continuing along the aforesaid right-of-way line of White Bluff Road, North 16°02'57" East, 469.75 feet to a 1/2" re-bar found; thence, leaving the aforesaid right-of-way line of White Bluff Road; thence, South 65°26'45" East, 968.05 feet to a concrete monument found; thence, South 21°25'30" West, 204.83 feet to a concrete monument found; thence, South 72°18'01" East, 5.80 feet to a concrete monument found; thence, South 21°53'31" West, 215.86 feet to a concrete monument found; thence, South 20°14'15" West, 229.00 feet to a concrete monument found; thence, North 64°40'49" West, 440.19 feet to a concrete monument found; thence, North 15°13'16" East 202.87 feet to a concrete monument found; thence North 68°13'49" West, 470.28 feet to a 1/2" re-bar found, said 1/2" rebar found being the point of beginning; Containing 11.85 acres or 516,027 square feet of land. ALSO DESCRIBED AS: All that certain tract or parcel of land lying and being in the 6th G.M.D., City of Savannah, Chatham County, Georgia and being more particularly described as follows: Commencing at the point of intersection of the northern right of way line of Lorwood Drive (60' R/W) and the eastern right of way of White Bluff Road (R/W varies); thence along the aforesaid right of way line of White Bluff Road North 14°50' 30" East, 61.58 feet to a point; thence North 01°09'30" East, 23.50 feet to a point; thence North 14°33'01" East, 72.36 feet to a concrete monument found; thence, North 15°47'47" East, 174.00 feet to a 1/2" rebar found, said 1/2" rebar being the Point of Beginning; thence, leaving the aforesaid point of beginning and continuing along the aforesaid right of way line of White Bluff Road, North 14°02'00" East, 469.75 feet to a 1/2" rebar found; thence, leaving the aforesaid right of way line of White Bluff Road; thence South 67°27'42" East, 968.05 feet to a concrete monument found; thence, South 19°24'33" West, 204.83 feet to a concrete monument found; thence, South 74°18'58" East, 5.80 feet to a concrete monument found; thence, South 19°52'34" West, 215.86 feet to a concrete monument found; thence, South 18°13'18" West, 229.00 feet to a concrete monument found; thence, North 66°41'46" West, 440.19 feet to a concrete monument found; thence, North 13°12'19" East 202.87 feet to a concrete monument found; thence North 70°14'46" West, 470.28 feet to a 1/2" rebar found, said 1/2" rebar found being the point of beginning; containing 11.846 acres or 516,027 square feet of land. TOGETHER WITH (collectively, the "Property"): A. All right, title, and interest of Borrower in and to (i) all streets, roads, alleys, easements, rights-of-way, licenses, rights of ingress and egress, vehicle parking rights and public places, existing or proposed, abutting, adjacent, used in connection with or pertaining to the real property or the Improvements (as hereinafter defined), (ii) any strips or gores between the real property and abutting or adjacent properties, and (iii) all water and water rights, timber, crops and mineral interests pertaining to the real property (such real property and other rights, titles, and interests being hereinafter sometimes called the "Land"); B. All buildings, structures, improvements now constructed or at any time in the future constructed or placed upon the Land, including any future alterations, replacements and additions (the "Improvements"); C. All fixtures and systems and articles of personal property, of every kind and character (all of which are herein sometimes referred to together as "Accessories"); D. All rents (whether from residential or non-residential space), revenues, and other income of the Land or the Improvements (all of which are herein sometimes referred to together as the "Rents"); E. All present and future leases, subleases, licenses, concessions or grants or other possessory interests now or hereafter in force, whether oral or written, covering or affecting the Property, or any portion of the Property (including proprietary leases or occupancy agreements if Borrower is a cooperative housing corporation), and all modifications, extensions or renewals (all of which are herein sometimes referred to together as the "Leases"); F. All proceeds, products, consideration, compensation and recoveries, direct or consequential, cash and noncash, of or arising from, as the case may be, (i) the properties, rights, titles and interests referred to above in paragraphs (A), (B), (C), (D), and (E); (ii) any sale, lease or other disposition thereof; (iii) each policy of insurance relating thereto (including premium refunds); (iv) the taking thereof or of any rights appurtenant thereto by eminent domain or sale in lieu thereof for public or quasi-public use under any law; and (v) any damage thereto whether caused by such a taking (including, without limitation, change of grade of streets, curb cuts or other rights of access) or otherwise caused; and G. All other interests of every kind and character, and proceeds thereof (including, without limitation, declarant's rights under any declaration of covenants affecting the Land, which Borrower now has or hereafter acquires in, to or for the benefit of the properties, rights, titles and interests referred to above in paragraphs (A), (B), (C), (D), (E), (F), and all property used or useful in connection therewith, including, but not limited to, remainders, reversions and reversionary rights or interests. To the best knowledge of Lender, the Property is in the legal possession of Borrower. The Property will be sold on an "AS IS, WHERE IS" basis without recourse against Lender, without representation or warranty of any kind or nature whatsoever with respect thereto, without any assurance afforded to the exact acreage and square footage contained in the Land description, and subject to all of the following, without limitation: (a) all outstanding taxes, assessments, and utility bills which are valid liens and encumbrances upon any of the Property and which are prior in right to the lien and security interest of Lender (including taxes which are liens, but not yet payable); (b) any and all easements, restrictions, covenants, encumbrances and other matters which would be revealed by an inspection or accurate survey of the Land; (c) all valid zoning ordinances; (d) any and all easements, limitations, restrictions, reservations, covenants, and encumbrances of record to which the Security Deed is subordinate in terms of priority; (e) confirmation and audit of the status of the loan evidenced by the Note; and (f) the effect of the United States Bankruptcy Code. The proceeds of the sale of the Property will be applied in accordance with the Security Deed to the payment of the indebtedness owed to Lender under the Security Deed and Note, and to the payment of all expenses of sale to the extent provided by Georgia law. Lender reserves the right to credit bid at the sale all or a portion of the unpaid indebtedness owed to Lender under the Security Deed and Note. Notice has been given, in writing and by statutorily sufficient delivery, to Borrower containing the name, address, and telephone number of the individual or entity who shall have full authority to negotiate, amend, and modify all terms of the Security Deed and Note thereby secured in accordance with O.C.G.A. § 44-14-162.2(a), and such person may be contacted by and through his agent, counsel for Lender at the name, address and telephone number below. THIS IS AN ATTEMPT TO COLLECT A DEBT. ANY INFORMATION OBTAINED IN THIS REGARD WILL BE USED FOR THE PURPOSE OF COLLECTION. RAM CO6, LLC, a Delaware limited liability company, as attorney-in-fact for 11900 WHITE BLUFF RD PROPERTY, LLC, a Delaware limited liability company and 10014 WHITE BLUFF RD PROPERTY, LLC, a Delaware limited liability company Counsel for Lender: Natalie deLatour Polsinelli PC 1201 West Peachtree Street NW, Suite 1100 Atlanta, Georgia 30309 404.253.6046 March 10, 17, 24, 31 2026 LGSC0464938
Post Date: 03/10 12:00 AM
Refcode: #LGSC0464938 
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