NOTICE OF SUBSTITUTE TRUSTEE SALE
220 Camden Street, Dillwyn, VA 23936
By virtue of the power and authority contained in a Deed of Trust dated February 21, 2006, and recorded in Deed Book 327, Page 072 in the Clerk’s Office for the Circuit Court for Buckingham, VA, securing a loan which was originally $115,500.00. The appointed SUBSTITUTE TRUSTEE, Commonwealth Trustees, LLC will offer for sale at public auction at the Courthouse door for the Circuit Court for Buckingham County, Virginia on:
September 15, 2015
at 10:00 AM
improved real property, with an abbreviated legal description of Tax Id Number: 138-2-1-164G
Land situated in the Town of Dillwyn in the County of Buckingham in the State of VA
All that certain lot, tract or parcel of land with improvements thereon and appurtenances thereunto belonging, lying and being within the Town of Dillwyn, Curdsville District, Buckingham County, Virginia, and containing one and twenty-one (1.21) acres, more or less and being described as parcel B on a plat of survey by Maxey-Hines & Associates, P.C., dated November 22, 2004, and recorded in the aforesaid Clerk’s Office in Plat Cabinet A, at Slide 141A.
Commonly known as: 220 Camden Street, Dillwyn, VA 23936, 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, in cash or cashier’s check payable to the SUBSTITUTE TRUSTEE will be required at the time of sale. 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 $445.00 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)
7910 Woodmont Avenue, Suite 750
Bethesda, Maryland 20814