TRUSTEE’S SALE OF 714/716 BOLLING STREET, A/R/T/A 714 & 716 BOLLING STREET, FRANKLIN, VA 23851
Published 2:54 pm Friday, January 27, 2017
In execution of a certain deed of trust dated September 18, 2008, in the original principal amount of $104,000.00 recorded in the Clerk’s Office, Circuit Court for Southampton County, Virginia as Instrument No. 080003318 . 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 14, 2017 , 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 PARCEL OF LAND FRONTING ON THE NORTHERN SIDE OF BOLLING STREET, IN THE TOWN OF FRANKLIN (NOW CITY OF FRANKLIN), SOUTHAMPTON COUNTY, VIRGINIA, KNOWN, NUMBERED AND DESIGNATED AS LOT 99, LOT 98 AND APPROXIMATELY FIVE FEET (5`) OF LOT 97, BORDERING ON AFORESAID LOT 98, ON PLAT ENTITLED “MEADOWBROOK SUBDIVISION`, DATED JUNE, 1947, MADE BY J. C. SHEARIN, AND WHICH SAID PLAT IS RECORDED IN THE CLERK`S OFFICE OF THE CIRCUIT COURT OF SOUTHAMPTON COUNTY, VIRGINIA IN PLAT BOOK 1 AND 2 AT PAGE 175, REFERENCE TO WHICH PLAT IS HEREBY MADE, AND WHICH PARCEL OF LAND IS MORE PARTICULARLY DESCRIBED AND BOUNDED AS FOLLOWS: BEGINNING AT A POINT ON THE NORTH SIDE OF SAID BOLLING STREET, A COMER FOR LOT 100 AND LOT 99; THENCE ALONG THE NORTH SIDE OF BOLLING STREET IN AN EASTERLY DIRECTION A DISTANCE OF 55 FEET, MORE OR LESS, TO A POINT, A NEW CORNER; THENCE IN AN NORTHERLY DIRECTION PARALLEL WITH THE LINE BETWEEN LOT 97 AND LOT 98 A DISTANCE OF 135 FEET, MORE OR LESS, TO A SIXTEEN FOOT ALLEY, A NEW CORNER FOR CARLTON L. CUTCHIN, THE PROPERTY DESCRIBED HEREIN AND THE AFORESAID ALLEY; THENCE IN A WESTERLY DIRECTION ALONG THE SOUTH SIDE OF SAID ALLEY A DISTANCE OF 55 FEET, MORE OR LESS, TO A POINT, A CORNER FOR LOT 99 AND LOT 100 ON SAID ALLEY; THENCE IN A SOUTHERLY DIRECTION ALONG THE LINE OF LOT 100 AND LOT 99 A DISTANCE OF 135 FEET, MORE OR LESS, TO SAID BOLLING STREET; THE POINT OF BEGINNING, AND BEING BOUNDED ON THE NORTH BY THE SAID SIXTEEN FOOT ALLEY, ON THE EAST BY CARLTON L. CUTCHIN LAND, ON THE SOUTH BY BOLLING STREET AND ON THE WEST BY LOT 100.” 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 Blvd., 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.