PLEASE TAKE NOTICE that on February 28, 2020, at 11:00 a.m., Atlanta, Georgia time, at the offices of Holland & Knight LLP, 1180 West Peachtree Street NW, Atlanta GA 30309, a public sale shall be conducted of the personal and fixture property, whether previously, now or hereafter, securing the obligations of Patriot Finance, LLC (the “Borrower”) to Congressional Bank (the “Secured Party”). A detail of such collateral subject to the Secured Party’s February 28, 2020 foreclosure sale (the “Collateral”) is available at the link below.
This sale is being held to enforce the rights of the Secured Party.
The Collateral will be sold to the highest qualified bidder for cash, or the credit against outstanding indebtedness held by the Secured Party or for which the Secured Party is entitled by contract to bid. Please be advised that Secured Party, and any assignees of the Secured Party, reserve their right to credit bid, and may credit bid, at the public sale of the Collateral.
There will be no warranty made or provided relating to title, possession, quiet enjoyment or the like in connection with the disposition.
Only qualified bidders may attend the auction. To be a qualified bidder, a prospective bidder must contact counsel for the Secured Party at the e-mail address set forth below on or before 5:00 p.m. (Atlanta, Georgia time) on February 24, 2020, providing current contact information and such adequate assurances of bidder’s ability to perform as the Secured Party may reasonably request. The highest qualified bidder will be required to deposit the full amount of the bid price in escrow with Holland & Knight LLP by way of a bank wire that is received by Holland & Knight LLP, no later than February 28, 2020, at 5:00 p.m., Atlanta, Georgia time. Interested parties who would like additional information should contact Brent R. McIlwain, counsel for the Secured Party, by e-mail at [email protected] or by telephone at: 214-964-9481.
ALL ASSETS SOLD AT THE FORECLOSURE SALE WILL BE SOLD ON AN “AS-IS, WHERE-IS BASIS, WITH ALL FAULTS, AND NO WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED, CONCERNING THE COLLATERAL FOR SALE IS BEING MADE BY THE SECURED PARTY OR ANY AGENT, ATTORNEY, OR REPRESENTATIVE OF THE SECURED PARTY.
DailyDAC™ is the oldest, most trusted, and most widely used provider of public notices of asset sales and case commencements, and other important notices involving companies in financial distress in the United States and Canada. DailyDAC™ public notices are used by bankruptcy trustees, chapter 11 debtors in possession, federal and state court receivers, and secured parties disposing of their collateral under Article 9 of the Uniform Commercial Code or other state law trust (and their respective auction firms, law firms, and other agents). Learn more.
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