Details for Trustee Sale: 149 Blair Place
NOTICE OF SUBSTITUTE
149 Blair Place, Danville, VA 24540
By virtue of the power and authority contained in a Deed of Trust dated August 28, 2008 and recorded at Page 69 Instrument Number 080003430 and a Loan Modification recorded on September 22, 2020 in Instrument Number 200003488 in the Clerk's Office for the City of Danville Virginia Circuit Court, Virginia, securing a loan which was originally $104,975.00. The appointed SUBSTITUTE TRUSTEE, Commonwealth Trustees, LLC will offer for sale at public auction at the main entrance Circuit Court for Danville City located at 401 Patton Street, Danville, VA 24543.
March 17, 2022 at 1:00 PM
improved real property, with an abbreviated legal description of the following described property, to wit:
Lot No. 12, Section I, fronting 90.00 on the eastern margin of Blair Place and running back therefrom between parallel lines a distance of 100.00 feet to rear line of 90.00 feet, as shown on Plat of Survey for Kellet W. Monroe, showing Lot 12, Section I, "Starmont Forest," also being shown as Tax Parcel 131-8-27, Danville, Virginia, dated May 15, 1995, prepared by Shanks Associates, P.C., Engineers-Surveyors-Planners, recorded in the Clerk`s office of the Circuit Court of the City of Danville, Virginia as Instrument No. 95-2347A; and , BEING IN FACT, the same property conveyed to Lyketha S. Cannon from Danville Development Group, L.L.C., A Virginia Limited Liability Company by deed dated August 27, 2008, to be recorded in the aforesaid Clerk`s office., and as more fully described in the aforesaid Deed of Trust.
TERMS OF SALE: The property will be sold "AS IS," WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND AND SUBJECT TO conditions, restrictions, reservations, easements, rights of way, and all other matters of record taking priority over the Deed of Trust to be announced at the time of sale. A deposit of $20,000.00, or 10% of the sale price, whichever is lower, will be required at the time of sale, in the form of certified check, cashier's check or money order by the purchaser. The balance of the purchase price, with interest at the rate contained in the Deed of Trust Note from the date of sale to the date said funds are received in the office of the SUBSTITUTE TRUSTEE, will be due within fifteen (15) days of sale. In the event of default by the successful bidder, the entire deposit shall be forfeited and applied to the costs and expenses of sale and Substitute Trustee's fee. All other public charges or assessments, including water/sewer charges, whether incurred prior to or after the sale, and all other costs incident to settlement to be paid by the purchaser. In the event taxes, any other public charges have been advanced, a credit will be due to the seller, to be adjusted from the date of sale at the time of settlement. Purchaser agrees to pay the seller's attorneys at settlement, a fee of $470.00 for review of the settlement documents.Additional terms will be announced at the time of sale and the successful bidder will be required to execute and deliver to the Substitute Trustees a memorandum or contract of the sale at the conclusion of bidding.
FOR INFORMATION CONTACT Rosenberg & Associates, LLC
(Attorney for the Secured Party)
4340 East West Highway, Suite 600
Bethesda, MD 20814
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