Trustee Sale – 28562 Pulley Drive

Published 4:16 pm Monday, June 8, 2015

TRUSTEE’S SALE OF 28562 Pulley Drive, Courtland, VA 23837. In execution of a certain deed of trust dated October 26, 2007, in the original principal amount of $203,152.00 recorded in the Clerk’s Office, Circuit Court for Southampton County, Virginia, in Instrument No. 070004770, and modified on September 24, 2013, to decrease the principal balance to $198,312.11, the undersigned Substitute Trustee will offer for sale at public auction in the front of the Circuit Court building for Southampton County, 22350 Main Street, Courtland, Virginia 23837 on June 30, 2015 at 2:00 pm the property described in said deed of trust, located at the above address and more particularly described as follows: ALL THAT CERTAIN LOTS OR PARCELS OF LAND LYING SITUATE AND BEING ON THE SOUTH SIDE OF ROUTE 58 (SOUTHAMPTON PARKWAY) IN FRANKLIN MAGISTERIAL DISTRICT, SOUTHAMPTON COUNTY, VIRGINIA AND SHOWN TO CONTAIN 5.776 ACRES ON THAT CERTAIN MAP OR PLAT ENTITLED “PLAT SHOWING LOT ENLARGEMENT OF TAX PARCEL 76-29B4 FOUND IN THE NAME OF SANDFIDDLERS, LLC WHEREAS NEW TAX PARCEL 76-29B4 IS TO BE ACQUIRED BY MICHAEL O. YEARY & ASHLEY L. XINOS-YEARY”, MADE NOVEMBER 28, 2005, BY S.V. CAMP, III & ASSOCIATES, INC., A COPY OF WHICH IS RECORDED IN THE CLERK’S OFFICE OF THE CIRCUIT COURT OF SOUTHAMPTON COUNTY, VIRGINIA IN PLAT BOOK 30 AT PAGE 10, REFERENCE TO WHICH PLAT IS HEREBY MADE FOR A MORE PARTICULAR DESCRIPTION OF SAID PROPERTY. TOGETHER WITH THE CURRENTLY EXISTING RIGHT OF THE GRANTOR, WHETHER ACQUIRED BY IT AND ITS PREDECESSORS IN TITLE BY PRESCRIPTION OR OTHERWISE, TO USE AS AND ADDITIONAL MEANS IF INGRESS AND EGRESS BETWEEN THE ABOVE DESIGNATED PROPERTY AND ROUTE 58, THE EXISTING RIGHT OF WAY (AND THE 15 FT. SOIL PATH SITUATED, THEREON), AS SHOWN ON SAID PLAT, WHICH RIGHTS ARE TO BE USED IN COMMON WITH THE GRANTOR, ITS SUCCESSORS AND ASSIGNS AND OTHERS HAVING THE RIGHT TO USE THE SAME. THE GRANTOR RESERVES FOR THE BENEFIT OF ITSELF, ITS SUCCESSORS AND ASSIGNS (INCLUDING ANY OTHER PROPERTY OWNER TO WHOM IT MAY ASSIGN THE RIGHT TO USE SAID EASEMENT) THE 50 FT. EASEMENT FOR INGRESS AND EGRESS ALONG THE NORTHERN EDGE OF SUBJECT PROPERTY, AS SHOWN ON SAID PLAT, AS A MATTER OF INFORMATION THE AFORESAID 15 FT. SOIL PATH LIES WITH THE 50 FT. EASEMENT HEREBY RESERVED. SAID PROPERTY IS CONVEYED SUBJECT TO THE EXISTING RIGHTS OF OTHERS TO USE THE EXISTING RIGHT OF WAY AND THE 15 FT. SOIL PATH SITUATED THEREON, ALL AS SHOWN ON SAID PLAT AS A MEANS OF INGRESS AND EGRESS TO AND FROM ROUTE 58. 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. Additional terms to be announced at the sale. 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. 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 Boulevard, Suite 402, 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.