NOTICE OF FORECLOSURE SALE WHEREAS, John C. Woodard, by Deed of Trust (the “Deed of Trust”) dated June 7, 1999, of record in Trust Deed Book 146, Page 265 in the Register’s Office for Johnson County, Tennessee at Mountain City, Tennessee conveyed to Shirley G. Hughes, Trustee, the hereinafter described real property to secure the payment of a certain Promissory Note (the “Note”) described in the Deed of Trust, which Note was payable to Elizabethton Federal Savings Bank; WHEREAS, said Shirley G. Hughes, Trustee, is unable to act as Trustee under the Deed of Trust, and I have been appointed Substitute Trustee by the owner and holder of the Note. WHEREAS, default has been made in the payment of the Note; and WHEREAS, the owner and holder of the Note has demanded that the hereinafter described real property be advertised and sold in satisfaction of indebtedness and costs of foreclosure in accordance with the terms and provisions of the Note and Deed of Trust. NOW, THEREFORE, notice is hereby given that I, Eric D. Reach, Substitute Trustee, pursuant to the power, duty and authority vested in and conferred upon me by the Deed of Trust, will on April 5, 2018 at 12:00 PM at the front door of the Johnson County Courthouse located at 222 W. Main St., Mountain City, Tennessee offer for sale to the highest bidder for cash, and free from all legal, equitable and statutory rights of redemption, exemptions of homestead, rights by virtue of marriage, and all other exemptions of every kind, all of which have been waived in the Deed of trust, certain real property located in Johnson County, Tennessee, and described as follows: SITUATE and being in the Town of Mountain City, the Second Civil District of Johnson County Tennessee, and being more particularly described as follows: ‘ BEGINNING at a point witnessed by an iron pin found in the northern edge of the roadway and/or right-of-way of Highway 67, corner to Horne and being the southwestern most point of the tract herein; thence, leaving said highway and with the line of Horne, north 20 deg. 58 min. 22 sec. west 303.00 feet to an iron pin set; thence, north 20 deg. 48 min. 28 sec. west, 23.77 feet to a point in the line of Townsend; thence, with the line of Townsend, north 71 deg. 52 min. 00 sec. east, 119.53 feet to an iron pin found; thence, leaving Townsend, south 25 deg. 38 min. 00 sec. east, 7.66 feet to a point in the center of the branch; thence, south 25 deg. 38 min. 00 east, 6.00 feet to a point in the line of Garland; thence, with Garland, south 24 deg. 27 min. 29 sec. east, 293.86 feet to a nail set in the northern edge of the roadway and/or rightof- way of Highway 67; thence, with the same, south 63 deg. 19 min. 15 sec. west, 140.00 feet back to the point of BEGINNING containing 0.94 acre, more or less, as surveyed by Appalachian Land Survey Company, date of April 1, 1999. EXCEPTING and RESERVING those easements for water and/or sewer lines as were conveyed to the Town of Mountain City, Tennessee, by deed dated September 26, 1990, of record in the Register’s Office of Johnson County, Tennessee, in Deed Book 121, Page 444. The above property conveyed SUBJECT TO any condition of easement, if any, regarding the driveway between the property herein and the property of Garland. AND BEING the same property conveyed to John C. Woodard by deed dated June 1, 1999 from Mary Nell Reece (formerly Horne) and husband, Billy Reece, of record in Deed Book 148, Page 383 in the Register’s Office for Johnson County, Tennessee. Terms of Sale: Cash. A bidder’s deposit of ten percent (10%) will be required within 3 hours of the time of sale. The entire amount of the successful bid must be paid in full, in cash or certified funds within five (5) calendar days after sale. Purchaser shall pay all recording fees, examination of title settlement fees, and all costs of conveyance, including preparation of a Trustee’s Deed. The Trustee shall apply the proceeds of the sale in accordance with the provisions set forth in the referenced Deed of Trust. The sale is subject to all matters shown on any applicable recorded document, including but not limited to any applicable recorded plan, plat, charter, restriction, judgement(s), notice of governmental entity, or declaration of taking(s); any prior lien(s) of record; unpaid taxes and assessments which exist as a lien against said properties; any restrictive covenant(s), easement(s) or setback line(s) that may be applicable; any rights of redemption not otherwise waived in the Deed of Trust, including rights of redemption of any governmental agency, state or federal; and any prior deeds of trust, liens, dues, assessments, encumbrances, defects, adverse claims, and other matters that may take priority over the Deed of Trust upon which this foreclosure sale is conducted or are not extinguished by this foreclosure sale. This sale is subject to any matter that an accurate survey of the premises might disclose. The transfer shall be AS IS, WHERE IS, AND WITH ALL FAULTS, and without warranty of any kind, express or implied, as to the condition of such property and the improvements located thereon, including merchantability or fitness for a particular purpose. Trustee shall make no covenant of seisin or warranty of title, express or implied, and will set and convey the subject real property by Substitute Trustee’s Deed only. It will be the responsibility of the successful bidder to obtain possession of the property at his expense. The successful bidder shall be responsible for any damage, vandalism, theft, destruction, etc. of the property occurring subsequent to the date of sale. This sale is subject to prior liens, judgments or unpaid taxes, if any. This sale is further subject to valid filed or unfilled (if any) mechanic’s and materialmen’s liens. There are no representations made by the Trustee as to the validity or enforceability of any memorandum of mechanic’s or materialmen’s liens or any suit to enforce same. The Trustee reserves the right: 1. To withdraw the property from sale at any time prior to the termi nation of the bidding; 2. To keep the bidding open for any length of time; 3. To reject all bids; 4. To postpone or set over the date of sale as hereinafter set forth; and 5. Should the highest bidder fail to comply with the terms of the bid at public sale, then the Trustee shall have the option of accept ing the second (2 nd ) highest bid, or the next highest bid with which the buyer is able to comply. In the event the Trustee deems it best for any reason at the time of sale to postpone or continue this sale from time to time, such notice or postponement or setting over will be in a manner deemed reasonable by the Trustee. Every lien or claimed lien of the United States with respect to which the provisions of 26 U.S.C. § 7425(b) require notice to be given to the United States in order for the sale of land thus advertised not to be subject to such lien or claim of the United States and every lien or claim of lien of the State of Tennessee with respect to which the provisions of Tennessee Code Annotated § 67-1-1433(b)(1) require notice to be given to the State of Tennessee in order for the sale of land as advertised not to be subject to such lien or claim of lien of the State of Tennessee has been given to the United States or the State of Tennessee, respectively. Listing of known Subordinate Lienholders: none DATED the 26th day of February, 2018. s/s Eric D. Reach Eric D. Reach, Substitute Trustee 112 E. Myrtle Ave., Suite 304 Johnson City, Tennessee 37601 423-926-8300 PUB3T: March 7, March 14, and March 21, 2018