194 Spangler Drive, Buchanan, VA 24066
By virtue of the power and authority contained in a Deed of Trust dated December 14, 2004 and recorded December 16, 2004 in Instrument Number 040008376 in the Clerk’s Office for the Botetourt County Virginia Circuit Court, Virginia, securing a loan which was originally
$110,683.24. The appointed SUBSTITUTE TRUSTEE, Commonwealth Trustees, LLC will offer for sale at public auction at the Botetourt County courthouse steps located at 1 W Main Street, Fincastle, VA 24090-0219.
April 25, 2024 at 2:00 PM
improved real property, with an abbreviated legal description of the following described property, to wit:
ALL THAT CERTAIN TRACT OR PARCEL OF LAND, WITH IMPROVEMENTS THEREON AND EASEMENTS AND APPURTENANCES THEREUNTO APPERTAINING, LYING AND BEING IN THE BUCHANAS MAGISTERIAL DISTRICT, BOTSTOURT COUNTY, VIRGINIA,
AND MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO-WIT: BEGINNING AT AN
IRON PIN SET AT THE NORTHERLY CORNER OF A PARCEL PREVIOUSLY CONVEYED TO RANSONS; THENCE WITH _ THE FOLLOWING THREE COURSES AND DISTANCES:
N 43-14-24 W 223.66 FEET TO A FENCE CORNER POST; N 42-37-32 W 357.00 FEET TO
A 24-INCH LOCUST AND A FENCE CORNER; N 14-33-15 W 68.91 FEET TO A POINT ON THE SIDE OF A LARGE ROCK; THENCE WITH SIX NEW DIVISION LINES THROUGH THE PROPERTY OF BRUGH; S 45-26-45 W 125. 12 FEET TO AN IRON PIN; THENCE S 44-33-13 E 33.40 FEET TO AN IRON PIN; THENCE S 33-97-50 W. 222.39 FEET TO AN IRON PIN; THENCE E 44-33-15 E 41.95 FEET TO AN IRON PIN; THENCE N 67-26-19 E
324.62 FEET TO AN IRON PIN; THENCE N 46-10-48 E 47. 18 FEET TO AN IRON PIN; THENCE N 54-17-35 E 148.24 FEET TO THE PLACE OF BEGINNING, CONTAINING 2.00
ACRES, MORE OR LESS, AND BEING AS SHOWN ON PLAT OF SURVEY BY CHARLES R. MCMURRY, C.L.S. DATED OCTOBER 15, 1983, A COPY OF WHICH IS ATTACHED
HERETO AND MADE A PART HEREOF, AND BEING IN PART OF TRACTS II AND IV OF
DEED FROM DARNELL E. BRUGH, JR., ET UX, DATED THE 6TH DAY OF NOVEMBER, 1979, AND RECORDED IN THE CLERK`S OFFICE OF THE CIRCUIT COURT OF THE
BOTETOURT COUNTY IN DEED BOOK 158, AT PAGE 200. TAX MAP OR PARCEL ID NO.: 65-163
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, 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
