Sale of the trustee of 10122 White Oak Road | Fiduciary sales
SALE OF TRUSTEE OF 10122 WHITE OAK ROAD, WISE, VIRGINIA 24293 COUNTY OF WISE Pursuant to a certain deed of trust dated 01/13/04, for an initial principal amount of 58,400.00 registered in the county of Wise, Virginia, under instrument number no. 200400208, as amended by a deed designating the undersigned as Substitute Trustee, failing to pay for the Security thus guaranteed and at the request of the holder, the undersigned Substitute Trustee will offer for sale by public auction in front of the building housing the Circuit Court of the COUNTY OF WISE, VA located at 206 East Main Street, Wise, Virginia, 24293 on July 22, 2021, at 4:00 p.m., the property described in said trust deed, located at the above address, with improvements and more particularly described as follows : IN THIS ACT RECORDED IN BOOK 830, AT PAGE 525 IN WISE COUNTY, VA. CONDITIONS OF SALE: Neither the Alternate Trustee nor the holder of the Note secured by the Deed of Trust will return possession of the Property to the Successor. The buyer of the sale will be responsible for paying all closing costs. Property taxes, water / sewer charges and other public charges will be prorated from the date of sale. The risk of loss or damage to property passes to the purchaser upon completion of the sale of the alternate trustee. Terms: a deposit of ten percent (10%) of the sale price or ten percent (10%) of the initial principal balance of the relevant trust deed, whichever is less, in the form of cash or certified funds payable to the alternate trustee must be present at the time of the sale. The balance of the purchase price will be due within 20 days at the office of the Alternate Trustee. The Alternate Trustee reserves the right to suspend the auction prior to the conclusion of the sale. Time is of the essence when it comes to the closing date and payment of the purchase price. If the payment of the balance is not made within twenty days of the date of sale, the deposit will be forfeited. Seller will not be responsible for any costs incurred by Buyer in connection with their purchase or settlement, including, without limitation, national and local registration fees, title insurance or research. , or any other cost of acquisition by the purchaser. The Trustee will have no obligation to obtain possession for the Buyer. All accident risks are transferred to the successful tenderer at the conclusion of the call for tenders. The property and related improvements will be sold “AS IS” and without representation or warranty of any kind. The sale is subject to all liens, charges, conditions, easements and restrictions, if any, greater than the mentioned trust deed and legally affecting the property. The sale is subject to post-sale confirmation that the borrower has not filed for US Bankruptcy Code protection prior to the sale, as well as post-sale confirmation and status audit. loan from the loan manager including, but not limited to, determining whether the borrower (s) entered into a repayment agreement, reinstated or repaid the loan prior to the sale. In such event, the sale will be null and void, and the Buyer’s sole remedy, at law or in equity, will be the return of the Buyer’s deposit without interest. Additional conditions will be announced during the sale. For more information, contact: Abby Moynihan, Esq., Member of the Surety Trustees, at 301-490-3361 or www.mwc-law.com.