In execution of a certain Deed of Trust dated May 11, 2001, in the original principal amount of $53,000.00 recorded in the Clerk’s Office, Circuit Court for Botetourt County, Virginia as Instrument No. 0102674. The undersigned Substitute Trustee will offer for sale at public auction in the front of the Circuit Court building for Botetourt County, Main Street, Fincastle, VA 24090 on September 24, 2019, at 11:00 AM, the property described in said Deed of Trust, located at the above address, and more particularly described as follows: ALL OF THE FOLLOWING REAL ESTATE WITH ALL IMPROVEMENTS THEREON AND ALL APPURTENANCES THERETO BELONGING, SITUATE IN THE COUNTY OF BOTETOURT, STATE OF VIRGINIA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS TO-WIT:”THE EASTERN ONE-HALF OF LOTS NOS. SEVEN (7) AND EIGHT (8) IN BLOCK NO. 210, SITUATED AS AFORESAID, AND AS SHOWN ON THE PLAT AND MAP OF THE LATANE` ADDITION TO THE TOWN OF BUCHANAN OF RECORD IN THE CLERK`S OFFICE OF THE CIRCUIT COURT OF BOTETOURT COUNTY, VIRGINIA, IN PLAT BOOK NO. 1 PAGE 23, AND PLAT BOOK NO. 2 PAGE 11, TO WHICH PLAT BOOKS REFERENCE IS HERE MADE FOR A FURTHER DESCRIPTION OF THIS PROPERTY HEREBY CONVEYED. THE EASTERN 1/2, OF SAID LOTS 7 AND 8, IN BLOCK NO. 210 AFORESAID AND HEREBY CONVEYED FORM TOGETHER ONE LOT OR PARCEL OF LAND FRONTING 75 FEET ON ALBEMARLE AVENUE IN SAID LATANE` ADDITION TO THE TOWN OF BUCHANAN, AND EXTENDS BACK BETWEEN PARALLEL LINES 110 FEET TO THE REAR LINE OF SAID PROPERTY HEREBY CONVEYED, ON A 15 FOOT ALLEY; THIS PROPERTY HEREBY CONVEYED ALSO ADJOINS AN ALLEY ON ITS EAST SIDE. AND THIS PARCEL OF LAND HEREBY CONVEYED ALSO ADJOINS AN ALLEY ON ITS EAST SIDE. AND THIS PARCEL OF LAND HEREBY CONVEYED IS HEREBY FURTHER DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT A POINT ON THE LINE OF LOT NO. 8 IN BLOCK NO.210 AFORESAID, ON ALBEMARLE AVENUE, AND WHICH BEGINNING POINT IS 75 FEET EAST OF THE EASTERN EDGE OF 161 STREET; THENCE IN AN EASTERN DIRECT AND ALONG THE LINE OF SAID LOT NO.8 ON ALBEMARLE AVENUE FOR A DISTANCE OF 75 FEET TO A POINT, CORNER, ON AN ALLEY; THENCE AT RIGHT ANGLES AND ALONG SAID ALLEY IN A NORTHERN OR NORTHWESTERN DIRECTION A DISTANCE OF 110 FEET TO A POINT, CORNER, ON ANOTHER ALLEY (15 FT. WIDE); THENCE AT RIGHT ANGLES AND IN A GENERAL WESTERN DIRECTION ALONG THE LIEN OF SAID ALLEY FOR A DISTANCE OF 75 FEET TO A POINT, CORNER, ON SAID LAST MENTIONED ALLEY; THENCE AT RIGHT ANGLES AND IN A GENERAL SOUTHERN OR SOUTH-EASTERN DIRECTION FOR A DISTANCE OF 110 FEET TO THE POINT OF BEGINNING; SAID LAST MENTIONED LINE BISECTS SAID LOTS 7 & 8 IN SAID BLOCK 210, AND PASSES THROUGH THE DIVISION LINE BETWEEN SAID LOTS 7 & 8, AT 55 FOOT, SAID LAST MENTIONED LINE BEING 110 FEET LONG AND IS PARALLEL WITH SAID 16TH STREET IN SAID LALANE` ADDITION TO BUCHANAN, AND IS 75 FEET FROM THE EASTERN EDGE OF SAID 16TH STREET. THE SAID PARCEL OF LAND HEREBY CONVEYED IS 75 FEET BY 1OO FEET, FRONTING 75 FEET ON ALBEMARLE AVENUE IN SAID LATANE` ADDITION, AND COMPRISES THE EASTERN 1/2 OF LOTS 7 AND 8 IN BLOCK NO. 210, IN THE SAID LATANE` ADDITION TO THE TOWN OF BUCHANAN.
TERMS OF SALE: ALL CASH. A bidder’s deposit of ten percent (10%) of the sale price or ten percent (10%) of the original principal balance of the subject Deed of Trust, whichever is lower, in the form of cash or certified funds payable to the Substitute Trustee must be present at the time of the sale. The balance of the purchase price will be due within fifteen (15) days of sale, otherwise Purchaser’s deposit may be forfeited to Trustee. Time is of the essence. If the sale is set aside for any reason, the Purchaser at the sale shall be entitled to a return of the deposit paid. The Purchaser may, if provided by the terms of the Trustee’s Memorandum of Foreclosure Sale, be entitled to a $50 cancellation fee from the Substitute Trustee, but shall have no further recourse against the Mortgagor, the Mortgagee or the Mortgagee’s attorney. A form copy of the Trustee’s memorandum of foreclosure sale and contract to purchase real property is available for viewing at www.bwwsales.com. Additional terms, if any, to be announced at the sale. This is a communication from a debt collector and any information obtained will be used for that purpose. The sale is subject to seller confirmation. Substitute Trustee: Equity Trustees, LLC, 2101 Wilson Blvd., Suite 1004, Arlington, VA 22201.
For more information contact:
BWW Law Group, LLC, attorneys for Equity Trustees, LLC, 6003 Executive Blvd, Suite 101, Rockville, MD 20852,
301-961-6555, website: www.bwwsales.com.