Details for Trustee's sale of 17147 L P BAILEY MEMORIAL HIGHWAY,

Updated

TRUSTEE’S SALE OF 17147 L P BAILEY MEMORIAL HIGHWAY, NATHALIE, VA 24577. In execution of a certain Deed of Trust dated December 4, 2013, in the original principal amount of $114,000.00 recorded in the Clerk’s Office, Circuit Court for Halifax County, Virginia, in Book 1146 at Page 208 as Instrument No. 130003917. The undersigned Substitute Trustee will offer for sale at public auction in the front of the Circuit Court building for Halifax County, 1030 Mary Bethune Street, Halifax, Virginia on August 14, 2019, at 2:30 PM, the property described in said Deed of Trust, located at the above address, and more particularly described as follows: THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY, OF HALIFAX, STATE OF VIRGINIA, AND IS DESCRIBED AS FOLLOWS: ALL OF THAT CERTAIN LOT OR PARCEL OF LAND SITUATED IN STAUNTON DISTRICT OF HALIFAX COUNTY, VIRGINIA, FRONTING 240 FEET ON THE WEST BOUNDARY OF NATIONAL HIGHWAY ROUTE NO. 501, CONTAINING 2.66 ACRES, BOUNDED ON THE NORTH BY A PRIVATE TWENTY-FOOT ROAD LEADING INTO THE F. C. GUTHRIE PROPERTY AT THE REAR OF SAID LOT, ON THE EAST BY HIGHWAY NO. 501, ON THE SOUTH BY THE REMAINING LAND OF THE GRANTOR, AND ON THE WEST BY THE LAND OF F. C. GUTHRIE, FOR A MORE PARTICULAR DESCRIPTION OF THE LOT HEREBY CONVEYED, REFERENCE IS MADE TO A PLAT OF THE F. C. GUTHRIE PROPERTY DATED MAY 6, 1950, PREPARED BY FRED KABLER, C. L. S., AND RECORDED IN THE HALIFAX COUNTY, VIRGINIA, CLERK`S OFFICE IN DEED BOOK 214, PAGES 79 AND 80, SAID LOT BEING THE NORTHERNMOST PORTION OF THE 7 ACRE TRACT SHOWN ON THE PLAT SOLD TO A. B. STEVENS BY F. C. GUTHRIE AND WIFE IN DEED DATED DECEMBER 28, 1950, WHICH IS RECORDED IN DEED BOOK 214, PAGE 77 OF THE HALIFAX COUNTY, VIRGINIA, CLERK`S OFFICE. THE LOT HEREBY CONVEYED IS MORE PARTICULARLY DESCRIBED AS FOLLOWS, AND REFERENCE IS MADE TO SAID PLAT FOR FURTHER INFORMATION AS TO ITS EXACT LOCATION: BEGINNING AT AN IRON STAKE ON THE PRESENT LOCATION OF THE WEST BOUNDARY OF SAID HIGHWAY NO. 501. WHERE THE SOUTH BOUNDARY OF SAID PRIVATE ROAD INTERSECTS SAID HIGHWAY NO. 501; THENCE ALONG THE SOUTH BOUNDARY OF SAID PRIVATE ROAD N. 76 DEGREES W. 436 FEET TO A STONE ON THE LINE OF THE F. C. GUTHRIE LINE, AS SHOWN ON SAID PLAT, S. 1 DEGREES E. 296 FEET TO A STONE; THENCE OFF THE F. C. GUTHRIE LINE ALONG A STRAIGHT LINE IN AN EASTERLY DIRECTION 436 FEET TO AN IRON STAKE, ON THE WEST BOUNDARY OF HIGHWAY NO. 501 (SAID IRON STAKE BEING A DISTANCE OF 240 FEET ALONG THE WEST BOUNDARY OF SAID HIGHWAY IN A SOUTHEASTERLY DIRECTION FROM THE BEGINNING POINT); THENCE ALONG THE PRESENT WEST BOUNDARY OF SAID HIGHWAY NO. 501 IN A NORTHWESTERLY DIRECTION A DISTANCE OF 240 FEET TO THE IRON STAKE AT THE INTERSECTION OF SAID PRIVATE ROAD, WHICH IS THE POINT OF BEGINNING. AS AFORESAID, THE PROPERTY HEREBY CONVEYED IS A PORTION OF THAT 7 ACRES OF LAND CONVEYED TO A. B. STEVENS BY F. C. GUTHRIE IN DEED RECORDED IN DEED BOOK 214, PAGE 77 OF THE HALIFAX COUNTY, VIRGINIA, CLERK`S OFFICE. SINCE ACQUIRING SAID LAND, A. B. STEVENS HAS DEEDED OFF A PORTION THEREOF FOR THE PURPOSE OF WIDENING THE RIGHT OF WAY OF U. S. HIGHWAY NO. 501. 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. VA-339262-1. 6-26-3Wc

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