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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 WHEREAS, Tribe Fund LLC, a Georgia limited liability company ("Borrower"), did execute and deliver to Steven J. Gall ("Lender"), that certain Security Deed (the "Security Deed"), made as of July 9, 2025, filed and recorded on July 14, 2025 in Deed Book 3721, beginning at Page 183, with the Clerk of the Superior Court of Chatham County, Georgia (the "Chatham County Records"); and WHEREAS, under and pursuant to the Security Deed, Borrower did thereby irrevocably grant, bargain, sell, convey, assign, transfer, deed, hypothecate, pledge, set over, grant a security interest in, warrant and confirm to Lender, with power of sale and right of entry and possession, all right, title and interest of Borrower in and to all of the following property, rights, interests and estates then owned, or thereafter created or acquired (the "Property"): All that certain lot, tract or parcel of land situate, lying and being in the State of Georgia, County of Chatham and being known and designated as LOT FIFTY-SEVEN (57), LARCHMONT NORTH SUBDIVISION, PHASE A, PART 2, as shown on that certain map or plan of said subdivision recorded in Subdivision Map Book "H", Page 32 in the Office of the Clerk of the Superior Court of Chatham County, Georgia; which map or plan is incorporated herein and made a part of this description. This being the same property conveyed to Steven J. Gall by Warranty Deed dated August 28, 2006 and recorded in Deed Book 312-L, Page 386 in the aforesaid Clerk's office. Subject, however, to all valid restrictive covenants, easements and rights-of-way of record. Property more commonly known as 225 Holiday Drive, Savannah, Georgia 31419, PIN 11007A-05012. Less and except that certain right-of-way deed to Chatham County, Georgia dated April 19, 2020, and recorded in Deed Book 1921, Page 718, in the aforesaid Clerk's office. WHEREAS, the Security Deed secures that certain loan (the "Loan") to Borrower made by Lender, as evidenced by that certain Promissory Note (the "Note"), dated July 9, 2025, payable by Borrower to Lender, in the original principal amount of Two Hundred Seventeen Thousand Five Hundred and no/100 Dollars ($217,500.00); and WHEREAS, defaults have occurred under the Note and the Security Deed including, without limitation, the failure of Borrower to pay the indebtedness as and when due and in the manner provided in the Note and Security Deed; and WHEREAS, by reason of such defaults all outstanding obligations owing by Borrower to Lender have been, and are hereby, accelerated and declared immediately due and payable, and the Security Deed has become, is, and is hereby subject to foreclosure as provided by law, the Note, and the Security Deed; and NOW, THEREFORE, under and pursuant to the power of sale contained in the Security Deed and according to the terms of the Security Deed and the laws in such cases made and provided, Lender will expose all of the Property situated, lying and being in Chatham County, Georgia, for sale, at public sale to the highest bidder, for cash on that certain first Tuesday in December, 2025, being December 2, 2025, during the legal hours for sale, before the courthouse door in Chatham County, Georgia. The Property will be sold subject to the following: Deed to Secure Debt from Steven J. Gall to Countrywide Home Loans, Inc. dated April 25, 2007, recorded in Deed Book 325B, Page 067; All outstanding taxes and assessments, and any additional taxes which result from a reassessment of the Property or re-billing of taxes; Rights of upper, lower and/or adjacent riparian owners in and to the waters of creeks and branches crossing the Property and the natural flow thereof without diminution; All easements, rights of way, agreements, covenants and restrictions of record, which are in addition to any such matters specifically identified herein. Restrictions, easements and all questions arising out of zoning laws, ordinances or regulations. Minerals of whatsoever kind, subsurface and surface substances, including but not limited to kaolin, coal, lignite, oil, gas, uranium, clay, rock, sand and gravel in, on, under and that may be produced from the Land, together with all rights, privileges, and immunities relating thereto whether or not listed herein. The Lender makes no representation as to the present ownership of any such interests. Rights and obligations of any tenants in possession, as tenants only, pursuant to written but unrecorded rental or lease agreements without rights or options to purchase the Property; and All other, if any, easements, limitations, reservations, covenants, restrictions, deeds to secure debt, liens and other encumbrances and matters of public record to which the Security Deed is junior and subordinate in terms of priority under the laws of the State of Georgia. The secured obligations remaining in default and the aforesaid defaults continuing, the sale of the Property under and pursuant to the power of sale contained in the Security Deed will be made for the purpose of applying the proceeds thereof, as provided for in the Security Deed and pursuant to applicable law. The Property will be sold on an "as is, where is" basis without recourse against Lender and without representation or warranty of any kind or nature whatsoever with respect thereto, with no assurance afforded as to the exact acreage of the Property. To the best of Lender's knowledge and belief, the Property is presently owned by Borrower, subject to the aforesaid interests of Lender and the matters set forth herein, and Borrower is the party in possession of the Property, subject to the aforesaid interests. The notice to Borrower, pursuant to O.C.G.A. §44-14-162.2, has been provided by Lender to Borrower in accordance with said O.C.G.A. §44-14-162.2. The recitals set forth hereinabove are hereby incorporated in and made a part of this Notice of Sale Under Power. STEVEN J. GALL, as agent and attorney-in-fact for TRIBE FUND LLC, a Georgia limited liability company By: its Attorney-at-Law: Margaret Puccini, Esq. Bouhan Falligant LLP P.O. Box 2139 Savannah, GA 31401 Phone: 912-232-7000 November 5, 12, 19, 26 2025 LGSC0398727
Post Date: 11/05 12:00 AM
Refcode: #LGSC0398727 
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