Commercial Real Estate for Sale Businesses for Sale


Placed on 1/10/2019
Views: 84
Web ID 2191741

Oliver D. Adams, Substitute Trustee under a Deed of Trust dated April 30, 2007, executed by Mashburn Properties, LLC and recorded at Book 1230, Page 4, as modified by instruments of record at Book 1437, Page 57; Book 1443, Page 70; and, Book 1487, Page 639, all in the Register's Office for Roane County, Tennessee, will sell for cash, at a foreclosure sale requested by TNBank, the property described below. The sale will be at the front door of the Roane County Courthouse, 200 E Race Street, Kingston, Tennessee, on the 31st day of January, 2019, at 2:00 p.m.
Property Description: Situate, Lying and Being in the First Civil District of Roane County, Tennessee, and more particularly described as follows: to-wit: Within the City of Harriman, Tennessee, and being Lot No. Two Hundred Twenty-One (221) and the Western one-half of Lot No. Two Hundred Twenty-Five (225), in Block No. Eighty-Three (83) on Devonia Street in the City of Harriman, a map of which is in Plat Cabinet 1, Slide 20, (Plat Book 1, Page 50), Register's Office for Roane County, Tennessee; this being 75 feet fronting on Devonia Street and running back between parallel lines to the Tennessee Central Railroad right of way. Subject to all applicable restrictions, easements, building setback line and all conditions as shown on the recorded plat and in Plat Cabinet 1, Slide 20 (Plat Book 1, Page 50). See also Book 1230, Page 2, Register's Office for Roane County, Tennessee.

Property Address and Tax Parcel I.D.: Believed to be
219 Devonia Street, Harriman,
Tennessee 37748
o Tax Parcel ID: 026FE016.00
219 1/2 Devonia Street, Harriman, Tennessee 37748
o Tax Parcel ID: 026FE016.00 SI 001

Other Interested Parties: Internal Revenue Service (IRS); Billie Jo Mashburn; Robert L. Mashburn

The above-described property will be sold AS IS, WHERE IS , and subject to unpaid taxes, prior deeds of trust, all easements and restrictions, the rights of tenants in possession of said premises, if any, prior claims, or other matters of record with priority over the deed of trust described herein. The proceeds of the sale will be applied as required by the deed of trust and applicable law. The right is reserved to adjourn the day and time of sale by announcement at the time and place set forth above or at the time and place of any further postponement.
The Internal Revenue Service has filed three (3) Notices of Federal Tax Liens against Mashburn Properties, LLC (Book 1620, Page 57; Book 1611, Page 622; and, Book 1635, Page 977) and has been provided timely notice of this sale in accordance with 26 U.S.C. § 7425(b). The sale of the property described herein will be subject to the right of the United States to redeem the land as provided in 26 U.S.C. § 7425(d)(i).
This 18th day of December, 2018.

/s/Oliver D. Adams
OLIVER D. ADAMS, Substitute Trustee
Hodges, Doughty & Carson
PO Box 869
Knoxville, Tennessee 37901
(865) 292-2307
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