Trustee Sale – 67 Crescent Drive

Published 2:59 pm Monday, January 26, 2015

67 Crescent Drive, Franklin, VA 23851

In execution of a certain deed of trust dated February 09, 2012, in the original principal amount of $175,437.00 recorded in the Clerk’s Office, Circuit Court for Southampton County, Virginia, in Instrument No. 120000328, and modified on October 04, 2013, to decrease the principal balance to $170,272.73, 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 February 24, 2015 at 2:01 pm the property described in said deed of trust, located at the above address and more particularly described as follows: ALL THAT CERTAIN LOT, TRACT OR PARCEL OF LAND LYING SITUATE AND BEING ON CRESCENT DRIVE IN THE CITY OF FRANKLIN KNOWN AS LOT #18 CONTAINING 20,000.00 SQUARE FEET AS SHOWN ON PLAT ENTITLED “PHYSICAL SURVEY SHOWING LOT 18, HOLLIKNOL SECTION TWO”, BEING CONVEYED TO ROBERT A. SUMMEROUR & V. REBECCA SUMMEROUR LOCATED AT 67 CRESCENT DRIVE IN THE CITY OF FRANKLIN, VIRGINIA, SCALE 1″= 30′ AUGUST 20, 1984, SURVEY BY B.B. WILLIAMS, C.L.S. FRANKLIN, VIRGINIA, A COPY OF WHICH IS RECORDED WITH THAT CERTAIN DEED DATED AUGUST 24, 1984, IN THE AFORESAID CLERK’S OFFICE IN DEED BOOK 277, PAGE 104, AND SAID PROPERTY IS MORE PARTICULARLY DESCRIBED ON SAID PLAT BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT A POINT, IRON PIN FOUND 25′ FROM THE CENTERLINE OF CRESCENT DRIVE, A CORNER FOR LOT #17 AND THE WITHIN DESCRIBED LOT # 18; THENCE S. 22 15′ 30″ E. 200.00′ TO AN IRON PIN FOUND, A CORNER FOR LOT #17 AND THE WITHIN DESCRIBED LOT # 18; THENCE S. 67 44′ 30″ W. 100.00′ TO AN IRON PIN FOUND, A CORNER FOR LOT #19 AND THE WITHIN DESCRIBED LOT; THENCE N. 22 15′ 30″ W. 200′ TO AN IRON PIN FOUND 25′ FROM THE CENTERLINE OF CRESCENT DRIVE, A CORNER FOR LOT # 19 AND THE WITHIN DESCRIBED LOT; THENCE PARALLEL WITH THE CENTERLINE OF CRESCENT DRIVE N. 67 44′ 30″ E. 100.00′ TO AN IRON PIN FOUND, THE POINT AND PLACE OF BEGINNING.

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 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: