(Parcel ID: 77-38B)
Default having been made in the terms of a certain Deed of Trust endorsed on April 13, 2012, in the original principal amount of $136,694.30 and recorded in the Clerk’s Office of the Circuit Court of the County of Botetourt, Virginia on April 27, 2012, as Instrument Number 120001762, and modified by a Loan Modification Agreement recorded on January 11, 2017, as Instrument Number 170000150, the undersigned Substitute Trustees will sell at public auction on April 27, 2022 at 2:00 PM, in front of the building housing the County of Botetourt Circuit Court, 1 W. Main Street, Fincastle, VA 24090, the property designated as New Parcel 38A-1, containing 1.250 acres, more or less, as more fully shown on that certain “Family Division for Ralph L., Jr. and Rebecca S. Watts”, dated October 31, 2006, prepared by Kyle D. Austin, Land Surveyor, and recorded in the aforesaid Clerk`s Office in Plat Book 39, Page 20. Sale is subject to all prior liens, easements, restrictions, covenants, and conditions, if any, of record, or other matters which would be disclosed by an accurate survey or inspection of the premises. TERMS: CASH. A deposit of $13,000.00 or 10% of the sale price, whichever is lower, will be required of the successful bidder at time of sale. Prior to the sale, interested bidders will be required to register with and must present a bid deposit which may be held during the sale by the trustee. The bid deposit must be certified funds and/or cash, but no more than $9,900.00 of cash will be accepted. The successful bidder’s deposit will be retained at the sale and applied to the sale price. If held by the trustee, all other bid deposits will be returned to the unsuccessful bidders. Settlement is to be made within 15 days. The successful bidder will be responsible for obtaining possession of the property, and for all costs and fees related to recording the Trustee’s Deed, including the grantors tax. The successful bidder will be required to execute a Memorandum of Trustee’s Sale, available for review upon request before the sale, outlining additional terms of sale and settlement. A Trustee’s Deed will be prepared by Trustee’s attorney at high bidder’s expense. This is a communication from a debt collector.
Tromberg, Morris & Poulin, PLLC on behalf of Southeast Equity
Trustees, LLC and/or
413 Stuart Circle, Suite 314, Richmond, VA 23220,
File No. 21-000116,