Details for TRUSTEE'S SALE OF 1236 S WATERSISE DR, LANEXA, VA 23089
TRUSTEE'S SALE OF 1236 S WATERSIDE DR, LANEXA, VA 23089. In execution of a certain Deed of Trust dated January 6, 2005, in the original principal amount of $100,000.00 recorded in the Clerk's Office, Circuit Court for New Kent County, Virginia, in Book 0427 at Page 0950 as Instrument No. 050000566 . The undersigned Substitute Trustee will offer for sale at public auction in the front of the Circuit Court building for New Kent County, 12001 Court House Circle, New Kent, Virginia on March 25, 2021, at 9:30 AM, the property described in said Deed of Trust, located at the above address, and more particularly described as follows: ALL THAT CERTAIN PIECE OR PARCEL OF LAND LYING AND BEING IN CUMBERLAND DISTRICT, NEW KENT COUNTY, VIRGINIA, CONTAINING 40 ACRES, AS SHOWN ON THAT "MAP OF PROPERTY SITUATED NORTH OF THE C & O RAILWAY AND WEST OF ROUTE NO. 627," DATED OCTOBER 19, 1984, PREPARED BY WARREN W. SHAW, CERTIFIED LAND SURVEYOR, A COPY OF SAID PLAT BEING ATTACHED HERETO, IS MADE A PART HEREOF, IS INTENDED TO BE RECORDED HEREWITH, AND TO WHICH PLAT REFERENCE IS HEREBY MADE FOR A MORE PARTICULAR AND COMPLETE DESCRIPTION OF THE PROPERTY HEREIN CONVEYED. BEING A PORTION OF THE REAL ESTATE CONVEYED TO THE PARTY OF THE FIRST PART HEREIN BY DEED RECORDED IN THE CLERK`S OFFICE OF THE CIRCUIT COURT OF NEW KENT COUNTY, VIRGINIA, IN DEED BOOK 82, AT PAGE 656. THIS CONVEYANCE IS MADE SUBJECT TO CONDITIONS, RESTRICTIONS AND EASEMENTS OF RECORD APPLICABLE TO AND LEGALLY, BINDING UPON THE LAND HEREBY CONVEYED, AND IS SPECIFICALLY CONVEYED SUBJECT TO THE GRANTOR HEREIN RESERVING THE RIGHT TO CONVEY TO THE PURCHASER OF A CONTIGUOUS 40 ACRE PARCEL, HIS HEIRS AND ASSIGNS, AN EASEMENT FOR PURPOSES OF INGRESS AND EGRESS OVER THAT PORTION OF THE HEREINABOVE DESCRIBED PROPERTY 18.07 FEET IN WIDTH FROM THE NORTHERN EDGE OF STATE RT. NO. 627 TO A ROD 768.378 FEET FROM SAID NORTHERN EDGE OF 627, ALL AS IS MORE PARTICULARLY SHOWN ON THE SURVEY HEREIN ABOVE REFERRED TO. LESS AND EXCEPT THAT CERTAIN PARCEL OF LAND CONTAINING TEN (10) ACRES OF LAND CONVEYED TO RICHARD D. STEWART AND LUCRETIA K. STEWART BY DEED OF GIFT DATED FEBRUARY 2, 1994 AND RECORDED APRIL 1, 1994, IN THE AFORESAID CLERK`S OFFICE IN DEED BOOK 204, PAGE 243, (PLAT BOOK 9, PAGE 98), AS MODIFIED BY MODIFIED BY CORRECTION DEED OF GIFT DATED MAY 5, 1995 IN AFORESAID CLERK`S OFFICE IN DEED BOOK 218, PAGE 80. 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. Substitute Trustee has identified an unreleased security instrument which may be superior to the subject Deed of Trust. Substitute Trustee disclaims any implication that the Property will be sold free and clear of all liens. 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. 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. BIDDERS ARE STRONGLY ENCOURAGED TO FOLLOW CDC GUIDANCE AND WEAR A COVER OVER BOTH NOSE AND MOUTH AND PRACTICE SOCIAL DISTANCING AT THE AUCTION. Additional terms, if any, to be announced at the sale and the Purchaser may be given the option to execute the contract of sale electronically. 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, 8100 Three Chopt Road, Suite 240, Richmond, VA 23229. 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. VA-350357-1.