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Nedra Ware defaults on mortgage loan

By Greg Gelpi

The Clayton County school system has fallen on hard times financially and so has the chairwoman of the county's school board.

Clayton County Board of Education Chairwoman Nedra Ware will have her house sold on the courthouse steps to collect on a debt. Ware defaulted on a $30,000 loan on her Riverdale house. Auctioning Ware's house will allow her creditors to collect on the interest and remainder of the loan.

The $30,000 loan against the house was obtained in 1999. The house is located at 8324 Creekridge Circle in Riverdale.

"The indebtedness secured by said Security Deed has been and is hereby declared due because of default under the terms of said Security Deed and Note, including but not limited to the nonpayment of the indebtedness as and when due," according to a notice issued by Morris, Schneider & Prior, L.L.C., the law firm trying to collect on the debt. "The indebtedness remaining in default, this sale will be made for the purpose of paying the same, all expenses of the sale, including attorney's fees and all other payments provided for under the terms of the Security Deed and Note."

Ware's house will be "sold at public outcry to the highest bidder for cash before the courthouse door of Clayton County, Georgia, within the legal hours of sale on the first Tuesday in May 2004," the notice stated.

Ware is serving her second term on the school board representing District 2.

While Ware experiences her own financial troubles, the Clayton County school system is having financial problems of its own.

She has been presiding over the school board as it wrestles with what is projected to be a $25 million shortfall for fiscal year 2005.

In other financial areas, Ware has been a proponent of the school board looking into increasing the $2,500 travel limit for school board members.

Ware could not be reached for comment.