Details for NOTICE OF SUBSTITUTE TRUSTEE SALE, 320 MYRTLE STREET, ASHLAND, VA 23005

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NOTICE OF SUBSTITUTE TRUSTEE SALE 320 Myrtle Street, Ashland, VA 23005 By virtue of the power and authority contained in a Deed of Trust dated October 16, 2006, and recorded in Deed Book 2801, Page 0369 in the Clerk's Office for the Circuit Court for Hanover County, VA, securing a loan which was originally $146,676.74. The appointed SUBSTITUTE TRUSTEE, Commonwealth Trustees, LLC will offer for sale at public auction at the Main Entrance of the Circuit Court for Hanover, 7530 County Complex Road, Hanover, VA 23069 on: February 11, 2021 at 12:30 PM improved real property, with an abbreviated legal description of All that certain lot, lying and being in the Town of Ashland, Hanover County, Virginia, shown on Plat made by William Hugh Redd, dated May 12, 1952 and recorded with the hereinafter described Deed in P.B. 20, Page 207, Plat #3, by which Plat said land is more particularly bounded and described as follows: Beginning on the West line of Taylor Street with the North line of Myrtle Street; thence proceeding along the North line of Myrtle Street North 80° 30' West 113 feet to the Southwest corner of Lot #4; thence proceeding North 7° 20' East 102.26 feet to a corner; thence proceeding along the North line of Lot #4 North 80° 30' West 9 1/2 feet to a corner; thence proceeding North 1° 53' East 30 feet along the East line #4 to a point; thence proceeding Eastwardly along a line parallel with the South line of Robinson Street 113 feet to the East line of Taylor Street; thence proceeding Southwardly along the East line of Taylor Street 131.6 feet to the point of beginning, and as more fully described in the aforesaid Deed of Trust. TERMS OF SALE: The property will be sold "AS IS," WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND AND SUBJECT TO conditions, restrictions, reservations, easements, rights of way, and all other matters of record taking priority over the Deed of Trust to be announced at the time of sale. A deposit of $20,000.00, or 10% of the sale price, whichever is lower, will be required at time of sale, in the form of certified check, cashier's check or money order by the purchaser. The balance of the purchase price, with interest at the rate contained in the Deed of Trust Note from the date of sale to the date said funds are received in the office of the SUBSTITUTE TRUSTEE, will be due within fifteen (15) days of sale. In the event of default by the successful bidder, the entire deposit shall be forfeited and applied to the costs and expenses of sale and Substitute Trustee's fee. All other public charges or assessments, including water/sewer charges, whether incurred prior to or after the sale, and all other costs incident to settlement to be paid by the purchaser. In the event taxes, any other public charges have been advanced, a credit will be due to the seller, to be adjusted from the date of sale at the time of settlement. Purchaser agrees to pay the seller's attorneys at settlement, a fee of $465.00 for review of the settlement documents. Additional terms will be announced at the time of sale and the successful bidder will be required to execute and deliver to the Substitute Trustees a memorandum or contract of the sale at the conclusion of bidding. FOR INFORMATION CONTACT: Rosenberg & Associates, LLC (Attorney for the Secured Party) 4340 East West Highway, Suite 600 Bethesda, MD 20814301-907-8000 www.rosenberg-assoc.com

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