Details for Notice of Substitute Trustee Sale

Updated

NOTICE OF SUBSTITUTE TRUSTEE SALE 619 Stoney Battery Road, Marion, VA 24354 By virtue of the power and authority contained in a Deed of Trust dated December 9, 2016 and recorded at Book 1001 Page 0325 in the Clerk's Office for the Smyth County Virginia Circuit Court, Virginia, securing a loan which was originally $86,000.00. The appointed SUBSTITUTE TRUSTEE, Commonwealth Trustees, LLC will offer for sale at public auction at the main entrance of the Smyth County Circuit Court located at 109 W Main Street, Marion, VA 24354. October 21, 2022 at 2:00 PM improved real property, with an abbreviated legal description of the following described property, to wit: Designated as Tract B containing 0.626 acres, more or less as shown on plat of survey entitled, "BOUNDARY DIVISION AND LOT LINE VACATION SURVEY TMP 67-A-60 TMP 67-A-62 2.833 ACRES TOTAL SHOWN IN TWO PARCELS BEING THE LANDS OF WILLIAM H. MUSSER AND PATSY C. MUSSER TRUSTEES OF THE MUSSER REVOCABLE LIVING TRUST. . . , DATED January 29, 2015, by Gregory G. McGlothlin, Land Surveyor with Linzee-Mac Surveyors LLC, a copy of which is filed for record in the Clerk`s Office of the Circuit Court of Smyth County, Virginia in Plat Slide 382, Page 4 and to which reference is hereby made for a more particular description of the property herein conveyed. , 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 or 10% of the sale price, whichever is lower, however not less than $10,000, that 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 301-907-8000 www.rosenberg-assoc.com

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