NOTICE OF TRUSTEE’S SALE
WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated August 15, 2019, and the Deed of Trust of even date securing the same, recorded August 28, 2019, in Book No. 317, at Page 689, in Office of the Register of Deeds for Crockett County, Tennessee, executed by Christopher L Henson, conveying certain property therein described to Charles E. Tonkin, II as Trustee for Mortgage Electronic Registration Systems, Inc., as beneficiary, as nominee for Mortgage Investors Group, its successors and assigns; and the undersigned, Wilson & Associates, P.L.L.C., having been appointed Successor Trustee by PennyMac Loan Services, LLC.
NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee, by PennyMac Loan Services, LLC, will, on February 23, 2022 on or about 12:00 PM, at the Crockett County Courthouse, Alamo, Tennessee, offer for sale certain property hereinafter described to the highest bidder FOR certified funds paid at the conclusion of the sale, or credit bid from a bank or other lending entity pre-approved by the successor trustee. The sale is free from all exemptions, which are expressly waived in the Deed of Trust, said property being real estate situated in Crockett County, Tennessee, and being more particularly described as follows:
Tract 1 -14.45 Acres Beginning at an iron pin set in the South margin of Alamo Gadsden Road, which point is the Northeast corner of Cook and Forsythe as recorded in Deed Book 162, Page 730. Register’s Office of Crockett County, Tennessee and the Northwest corner of the herein described tract; Thence, from the point of beginning and with the South margin of Alamo Gadsden Road, the following calls: S 40°31’46” E 62.25 feet;
S 44°40’04” E 87.00 feet;
8 50°21’11” E 83.25 feet;
8 55°14’40” E 63.41 feet;
8 58°39’22” E 79.24 feet;
8 63°34’00” E 79.34 feet;
8 68°18’16” E 83.16 feet;
8 73°30’44” E 264.80 feet;
8 66°33’52” E 78.23 feet to an iron pin set at the Northeast corner of the herein described tract;
Thence, on a newline through Newell. 3 34°21 ‹58» W 847.74 feet to a point in centerline of a ditch; Thence, with the centerline of said ditch, the following calls:
N 46°30’01” W 146.19 feet;
N 59°53’29” W 286.92 feet;
N 10°46’32” W 65.42 feet;
N 32°10’23” W 68.81 feet;
42°48’55” W 79.21 feet;
N 31°20’30” W 229.20 feet;
N 16°36’53” W 159.95 feet to a point in said ditch at the Southeast corner of Cook and Forsythe;
Thence, with the East line of Forsythe. N 45°29’01” E passing over an iron pin found at 100.75 feet and passing over a buggy axle at 464.70 feet and continuing on in all 485.41 feet to the point of beginning, containing 14.45 Acres.
ALSO KNOWN AS: 6696 Alamo Gadsden Road, Gadsden, TN 38337
This sale is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose. In addition, the following parties may claim an interest in the above-referenced property:
CHRISTOPHER L HENSON
ESTATE OF CHRISTOPHER HENSON
HEIR(S) OF CHRISTOPHER HENSON
The sale held pursuant to this Notice may be rescinded at the Successor Trustee’s option at any time. The right is reserved to adjourn the day of the sale to another day, time, and place certain without further publication, upon announcement at the time and place for the sale set forth above. In the event of inclement weather, the trustee hereby announces that the sale will be postponed for a period of two weeks. In such situations, notices will be mailed to interested parties of record. W&A No. 350633
DATED December 27, 2021
WILSON & ASSOCIATES, P.L.L.C.,
REPORT ON GAS SYSTEM REVENUE BONDS
The Crockett Public Utility District, Alamo Tennessee
This report is being issued pursuant to Tenn. Code Ann. Title 7 Chapter 82, and is based upon information as presented in a plan of finance (the “Plan”) received by our office on December 30, 2021 from the Crockett Public Utility District (the “District”). Our report provides information to assist the governing body in its responsibility to understand the nature of the transaction, including the costs, prior to approving the issuance of the bonds and is designed to provide consistent and comparable information for all local governments in Tennessee. This report does not constitute approval or disapproval of the Plan. This report and the District’s Plan must be presented to the governing body prior to the adoption of a resolution authorizing the bonds.
Estimated cost of issuance for the Series 2022 Bonds is $5,000 for Bond Counsel (Price per $1,000 Bond = $20).
The District stated it plans to issue an estimated $250,000 to finance capital improvements to the gas system (the “Project”).
The District is currently not under the oversight of the Utility Management Review Board. For fiscal year 2020, the District increased its total net position by $124,624 and reported current assets sufficient to pay its current liabilities. For fiscal year 2021 the District reported a debt service coverage ratio of 6.69x prior to the issuance of the Series 2022 Bonds and estimates that after the debt is issued the debt service coverage ratio will be 4.59x and 4.68x for fiscal years 2022 and 2023, respectively.
The proposed structure of the Series 2022 Bonds is not balloon indebtedness as defined in Tenn. Code Ann. § 9-21-133. If the structure is revised, the District should determine if the new structure complies with state law balloon indebtedness. If it is determined that the revised bond structure constitutes balloon indebtedness, the District must submit a Plan of Balloon Indebtedness to our office for approval prior to the District’s adopting the resolution authorizing the issuance of the debt.
EFFECTIVE DATE FOR THIS REPORT:
This report is effective for a period of ninety (90) days from the date of the report. If the transaction has not been priced during this ninety (90) day period, a new plan, with new analysis and estimates based on market conditions at that time, must be submitted to our office. We will then issue a report on the new plan for the District’s governing body to review prior to adopting a new authorizing resolution for the bonds.
Director of the Division of Local Government Finance
January 6, 2022
NOTICE TO CREDITORS
Estate of Gertie Louise Sienknecht No.10691
Notice is hereby given that on the 10th day of December, 2021, Letters of Testmentary in respect to the estate of Gertie Louise Sienknecht who died Testate, were issued to the undersigned by the Probate Court of Crockett County, Tennessee.
All persons, resident and non-resident, having claims, matured or unmatured, against the estate are required to file the same with the clerk of the above-named Court in triplicate on or before the earlier of the dates prescribed in 1) or (2) otherwise their claims will be forever barred.
(1) (A) Four (4) months from the date of the first publication (or posting, as the case may be) of this notice if the creditor received an actual copy of this notice to creditors at least sixty (60) days before the date that is four (4) months from the date of the first publication (or posting); or
(B) Sixty (60) days from the date the creditor received an actual copy of the notice to creditors if the credit received the copy of the notice less than sixty (60) days prior to the date that is four (4) months from the date of first publication (or posting) as described in (1)(A); or
(2) Twelve (12) months from the decendent’s date of death.
This 10th day of December, 2021.
Christopher Charles Setterfield
Estate of Gertie Louise Sienknecht
James Stephenson, Clerk & Master
James S. Haywood, Attorney
50 Boyd Avenue
P.O. Box 438
Brownsville, Tennessee 38012
The Crockett County budget Committee will meet Tuesday, January 18, at 5:30 p.m. in the downstairs courtroom of the Crockett County courthouse.
The Crockett County commission will meet Tuesday, January 18 at 6:30 p.m. in the downstairs courtroom of the Crockett County courthouse.
The Crockett County Courthouse and all county offices will be closed Monday, Januaary 17, in observance of Martin Luther King Jr. Day.