Trustee Sale – 39241 Warrique Road
Published 11:29 am Wednesday, February 11, 2015
Trustee’s Sale
39241 Warrique Road, Ivor,
Virginia 23866
(Tax Map
No. 16 6B)
Default having been made in the terms of a certain Deed of Trust dated September 24, 2010, in the original principal amount of $271,345.00 and recorded in the Clerk’s Office of the Circuit Court of the County of Southampton, Virginia as Instrument No. 100002383, the undersigned Substitute Trustee will sell at public auction on March 11, 2015, at 1:00 p.m., in front of the building housing the Southampton County Circuit Court, 22350 Main Street, Courtland, VA, the property designated as containing by actual survey 4.995 acres, fronting 299.92 feet on the East side of Virginia State Route 617 ROW, all as more particularly shown on that certain plat dated November 13, 1992. 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 $27,000.00 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 $10,000.00 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 on the Foreclosure Sales page of www.glasserlaw.com, 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. Glasser and Glasser, P.L.C. on behalf of Atlantic Trustee Services, L.L.C., Substitute Trustee, Crown Center Building, Suite 600, 580 East Main Street, Norfolk, VA 23510, File No. 203090-1, Tel: (757) 321-6465, between 10:00 a.m. & 12:00 noon only.