Notes

Foreclosure Notice
Borrower: Glen Bascom
Address: 3375 Appling Rd
Bartlett, TN 38133-2727
Original Trustee: John S. Bomar
Attorney: Minor Johnston Douglas, PLLC
Instrument No.: 03022896
Substitute Trustee: Mitch Higdon
Advertised Auction Date: 7/24/2015
Date of First Public Notice: 7/2/2015
Trust Date: 1/27/2003
TDN No.: Fkd40420
SUBSTITUTE TRUSTEE'S

NOTICE OF SALE
OF REAL ESTATE
Default having been made in the payment of the debts and obligations secured to be paid in a certain Deed of Trust, executed the 27th day of January, 2003, by Glen Bascom and Claudia Bascom, to John S. Bomar, as Trustee as the same appears of record in the Office of the Register of Shelby County, Tennessee, at Instrument No. 03022896. Mitch Higdon was thereafter appointed Substitute Trustee by Appointment of Substitute Trustee dated June 24, 2015, being of record at Instrument No. 15062155 in said Register''s Office.
Whereas, FIRST CITIZENS NATIONAL BANK the owners of the debt secured by said Deed of Trust, having requested the undersigned to advertise and sell the property described in and conveyed by said Deed of Trust, all of said indebtedness having matured by a default in the payment of the debt and obligations secured, at the option of the Owner, after being authorized to proceed with a sale under the aforesaid Deed of Trust in the event of a default there under, this is to give notice that the undersigned will on FRIDAY, JULY 24TH, 2015, commencing at 10:30 a.m., at the southwest corner of the Adams Avenue entrance of the Shelby County Courthouse in Memphis, Shelby County, Tennessee, proceed to sell at public outcry to the highest and best bidder for cash, the following described property situated in Shelby County, Tennessee, to wit:
Property located on the west side of Appling Road north of Orgill Road in Bartlett, Shelby County, Tennessee, more particularly described as follows:
Beginning at a set cotton picker spindle in the centerline of Appling Road, the southeast corner of the Walter Davis in the west line of the Brother Corporation (U.S.A.) as recorded per Instrument No. HB 8981 in the Register''s Office of Shelby County, Tennessee, said spindle being 761.64 feet north of the centerline of Orgill Road as measured along the centerline of Appling Road; thence north 4 degrees 42 minutes 59 seconds west along the line dividing the Eddie David tract and the Brother tract, a distance of 627.24 (call 617.10) feet to the northwest corner of the Brother tract, an internal corner of the Eddie Davis tract; thence north 86 degrees 38 minutes 04 seconds east along the line dividing the Eddie Davis tract and the Brother tract, a distance of 91.67 (call 89.01) feet to the southwest corner of the Ellis Road Limited Partnership tract as recorded per Instrument No. FN 5844 in the Register''s Office of Shelby County, Tennessee; thence north 3 degrees 16 minutes 16 seconds west along the line dividing the Ellis Road Limited Partnership tract and Henry Berreta tract from the Eddie Davis tract, a distance of 934.75 (call 942.0) feet to a set cotton picker spindle in Appling Road, the northeast corner of the Eddie Davis tract, the southwest corner of the Walter Davis and wife, Virginia Mae Davis tract as recorded per Instrument No. F4 0059 in the Register''s Office of Shelby County, Tennessee; thence south 86 degrees 26 minutes 13 seconds west along the line dividing the Eddie Davis tact and the Walter Davis tract, a distance of 907.44 (call 924.60) feet to a set iron pin in the east line of Summerdale Estates Subdivision, Section B, as recorded in Plat Book 125, Page 57 in the Register''s Office of Shelby County, Tennessee; thence south 3 degrees 54 minutes 12 seconds east along the line dividing the Eddie Davis tract and Summerdale Estates Subdivision, Section B, a distance of 440.48 feet to a found iron pin, the southeast corner of Summerdale Estates Subdivision, Section B, and the northeast corner of First Tennessee Bank, NA, tract as recorded per Instrument No. CH 6014 in the Register''s Office of Shelby County, Tennessee; thence south 2 degrees 54 minutes 25 seconds east along the line dividing the Eddie Davis tract and the First Tennessee Bank tract, a distance of 1120.55 feet to a found iron pin, the southwest corner of the Eddie Davis tract, the northwest corner of the Industrial Development Board, City of Bartlett, tract as recorded per Instrument No. ED 9503 in the Register''s Office of Shelby County, Tennessee; thence north 86 degrees 28 minutes 39 seconds east along the line dividing the Eddie Davis tract and the Industrial Development Board tract, a distance of 833.76 (call 832.92) feet to the point of beginning, containing 31.2594 acres of land; SUBJECT TO: the proposed Right of Way being a strip of land for right of way for the proposed Brother Boulevard across a portion of the Eddie Davis and wife, property as recorded as Instrument No. F4 0060 in the Shelby County Register''s Office and being more particularly described as 96,677 square feet or 2.219 acres, more or less, a permanent drainage easement located along the proposed south right of way line of Brother Boulevard (84'' right of way) and a portion of the Eddie Davis and wife, property as recorded in Instrument No. F4 0060 in the Shelby County, Register''s Office and being more particularly described as 3,0009 square feet or 0.069 acres, more or less, there is excluded from this description a temporary construction easement containing 66,273 square feet or 1.521 acres more or less, a permanent 20'' wide sanitary sewer easement located entirely within the Eddie Davis and wife, property as recorded in Instrument No. F4-0060 in the Shelby County Register''s Office, City of Memphis, Shelby County, State of Tennessee, containing 6,591 square feet or 0.51 acres, more or less, a Temporary Construction Easement being excluded from this description containing 10,458 square feet or 0.240 acres, more or less. Said Right of Ways and Easements being more particularly described as Exhibits B, C, D, E, and F, in Quitclaim Deed of record at Instrument No. KK 3047 in the Register''s Office of Shelby County, Tennessee.
There is INCLUDED but hereby EXCLUDED from this conveyance property previously conveyed as more particularly described in Deeds of record at Instrument No. 02088082, 03224372, 07169750 and 09137439 in the Register''s Office of Shelby County, Tennessee, to which reference is hereby made for a more particular description of said excluded property.
This being the same property out of what has been designated in the Shelby County Tax Assessor''s Office as Parcel No. B01-058-00681.
This being the same property conveyed to PropVest, LLC, by Warranty Deed dated November 10, 1998, from the Estate of Eddie Davis, Jr., of record at Instrument No. HX 7100 in the Register''s Office of Shelby County, Tennessee. PropVest, LLC, thereafter conveyed their interest in the subject property to Glen E. Bascom, Sr., by Quitclaim Deed dated July 26, 2000, being of record at Instrument No. KK 3047 in said Register''s Office.
Owner of Property: Glen E. Bascom, Sr.
Property Address: 3375 Appling Blvd, Bartlett, TN 38133
The sale of the above described property shall be subjected to unpaid property taxes, assessments, subdivision restrictions, building lines, easements and all other prior liens and encumbrances of record superior in right to Deed of Trust. In addition, the following parties may claim an interest in the above referenced property: 1.) Second Mortgage Holder, First State Bank, P O Box 350, Atoka, TN 38004; 2.) Third Mortgage Holder, Gary W. Taylor c/o Gerald D. Lawson, Jr., Attorney at Law, 284 German Oak Dr, Ste 200, Cordova, TN 38018; 3.) U.S. Bank, N.A., c/o Baker Donelson Bearman, Caldwell & Berkowitz, P.C., 1800 Republic Centre, 633 Chestnut Street, Chattanooga, TN 37450; 4.) Grinder, Taber & Grinder, Inc., c/o Glankler Brown, 6000 Poplar Ave, Suite 400, Memphis, TN 38119.
All rights and equities of redemption, statutory right of redemption, homestead and dower and all other rights or exemptions of every kind are expressly waived and title is believed to be good, but the undersigned will only sell and convey only as Trustee. The sale held pursuant to this notice may be rescinded at the Trustee''s option at any time. The right is reserved to adjourn the day of the sale to another day certain without further publication, upon announcement of the time and place for the sale set forth herein.
WITNESS MY HAND, this the 30th day of June, 2015.
MITCH HIGDON,
SUBSTITUTE TRUSTEE
MINOR JOHNSTON
DOUGLAS, PLLC
ATTORNEYS FOR SUBSTITUTE TRUSTEE
124 EAST MARKET STREET
SOMERVILLE, TN 38068
(901) 465-3117


July 2, 9, 16, 2015 Fkd40420
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