Trustee Sale – 128 Queens Lane

Published 3:07 pm Wednesday, July 15, 2015

128 Queens Lane
Franklin, VA 23851

In execution of the Deed of Trust dated December 28, 2011 and recorded in Instrument 110003021, of Southampton County land records, Trustee Services of Virginia, LLC, the appointed Substitute Trustee, will offer for sale at public auction at the front of the courthouse located at 22350 Main Street Courtland, VA 23837 on July 28, 2015 at 9:00 AM the property more particularly described in the aforementioned Deed of Trust, located at the above address and briefly identified as follows:

All that certain lot, tract or parcel of land lying, situate and being in the City of Franklin, Virginia, known, numbered and designated as Lot 8, Section Two, containing 0.480 acre, as shown on that certain plat entitled, “PHYSICAL SURVEY SHOWING LOT 8, SECTION 2, REGENCY ESTATES, SURVEYED FOR BEAU F. WILLINGHAM & DEBBIE R. WILLINGHAM, Located at 128 Queens Lane, City of Franklin, Virginia, Scale 1 ” = 40′, May 31, 2001″, made by Williams & Vann, Land Surveyors, and recorded in the Clerk’s Office of the Circuit Court of Southampton County, Virginia, as Instrument Number 010001904, reference is hereby made to said plat for a more particular description of metes and bounds.

Tax No.: 103 207 8

The property and improvements will be sold in “as is” physical condition without warranty of any kind.

TERMS OF SALE: A non-refundable bidder’s deposit of $23,000.00 or 10% of the sale price, whichever is less, by cashier’s or certified check required at time of sale, except for the party secured by the Deed of Trust. Risk of loss is on the purchaser from date and time of auction. Balance of the purchase price must be paid by cashier’s check within 14 days from sale date. Except for Virginia Grantor tax, all settlement costs and expenses are purchaser’s responsibility. Taxes are pro-rated to the date of sale. Purchaser is responsible for obtaining possession of the property. If purchaser defaults, deposit may be forfeited and property resold at the risk and cost of the defaulting purchaser who shall be liable for any deficiency in the purchase price and all costs, expenses, and attorney’s fees of both sales. If Trustee does not convey title for any reason, purchaser’s sole remedy is return of deposit without interest. This sale is subject to post-sale audit of the status of the loan secured by the Deed of Trust including but not limited to determining whether prior to sale a forbearance, repayment, or other agreement was entered into, the loan was reinstated or paid off, or whether the property became subject to an automatic stay under the U.S. Bankruptcy Code prior to the sale; in any such event this sale shall be null and void and purchaser’s sole remedy shall be return of deposit without interest. Pursuant to the Federal Fair Debt Collections Practices Act, this law firm is a debt collector attempting to collect a debt and any information obtained will be used for that purpose.

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