Default having been made in the payment of the indebtedness secured by that certain Mortgage dated January 21, 2022 (the “Mortgage”) executed by GRACE LEGACY INVESTMENTS LLC, an Alabama limited liability company (“Mortgagor”) in favor of PEARL FUNDING LLC, a Texas limited liability company (“Mortgagee”), and recorded in the Office of the Judge of Probate of Pickens County, Alabama (the “Probate Office”) in Real Book 377, Page 562, as assigned by Mortgagee to ILS Growth Fund I LP, a Texas limited partnership (“ILS Growth Fund”) by that certain Transfer and Assignment of Lien dated February 1, 2022 recorded in said Probate Office in Real Book 378, Page 671, as assigned by ILS Growth Fund to ILS Real Estate Lending LLC, a Texas limited liability company (“ILS Real Estate”) by that certain Transfer and Assignment of Lien dated February 1, 2022 recorded in said Probate Office in Real Book 379, Page 523, as modified by that certain Loan Modification Agreement recorded in said Probate Office in Real Book 391, Page 8, as further modified by that certain Loan Modification Agreement recorded in said Probate Office in Real Book 391, Page 11, as further modified by that certain Loan Modification Agreement recorded in said Probate Office in Real Book 391, Page 14, as further modified by that certain Loan Modification Agreement recorded in said Probate Office in Real Book 399, Page 309, as further modified by that certain Loan Modification Agreement recorded in said Probate Office in Real Book 399, Page 313, as further modified by that certain Loan Modification Agreement recorded in said Probate Office in Real Book 399, Page 317, and as assigned by ILS Real Estate to Mortgagee by that certain Transfer and Assignment of Lien dated May 9, 2024 recorded in said Probate Office in Real Book 405, Page 240, please take notice that the Mortgagee, under and by virtue of the power of sale contained in said Mortgage, will sell at public outcry to the highest bidder for cash, in front of the main entrance of the Courthouse at Carrollton, Pickens County, Alabama, on the fourteenth (14th) day of November, 2024, beginning at 11:00 a.m. the following described real estate (the “Real Estate”) situated in Pickens County, Alabama, to-wit:
The South half of Lot Numbered 24, in Block “F” of the Kirkland Addition to the Town of Aliceville, Alabama, as shown by the plat of said Kirkland Addition on record in the Office of the Judge of Probate of Pickens County, Alabama.
This sale is made for the purpose of paying the indebtedness secured by the Mortgage and all expenses incident to this sale, including a reasonable attorney's fees.