SUBSTITUTE TRUSTEE SALE 8260 A George Riner Road Pound, VA
NOTICE OF SUBSTITUTE TRUSTEE SALE
8260 A George Riner Road Pound, VA 24279
By virtue of the power and authority contained in a Deed of Trust dated September 1, 2006 and recorded at Instrument Number 200603765 in the Clerk's Office for the Wise County Virginia Circuit Court, Virginia, securing a loan which was originally $60,500.00. The appointed SUBSTITUTE TRUSTEE, Commonwealth Trustees, LLC will offer for sale at public auction at the main entrance of the Circuit Court for Wise County located at 206 E Main Street, Wise, VA 24293.
February 14, 2023
at 1:00 PM
improved real property, with an abbreviated legal description of the following described property, to wit:
ALL THAT CERTAIN TRACT OR PARCEL OF LAND, WITH THE IMPROVEMENTS THEREON AND ALL RIGHTS, PRIVILEGE AND APPURTENANCES THEREUNTO BELONGING SITUATE, LYING AND BEING ON THE WATERS OF INDIAN CREEK, A TRIBUTARY OF POUND RIVER, IN THE ROBERSON MAGISTERIAL DISTRICT, WISE COUNTY, VIRGINIA, AND BEING MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS:
BEGINNING AT A STAKE ON RIDGE IN THE EARL ADKINS LINE, A CORNER TO PARCEL NO. 1 AND WITH THE LINES OF SAID PARCEL NO. 1 THENCE N 23 06 E 1023.06 FEET TO A STAKE; THENCE N 89 23 E 108.0 FEET TO A STAKE; THENCE N 23 06 E 20.0 FEET TO A STAKE IN THE PEAKE HOLLOW ROAD IN THE OUTSIDE BOUNDARY LINE OF THE ORIGINAL EURA BOLLING PARCEL, AND WITH SAID OUTSIDE LINE LEAVING SAID PARCEL NO. 1; THENCE N 89 23 E 50.0 FEET TO STAKE, A CORNER TO THE EURA BOLLING`S HOME LOT AND WITH SAID HOME LOT AND LEAVING SAID BOUNDARY LINE; THENCE S 20 41 W 1014.25 FEET (PASSING INTO PARCEL NO. TWO LINE 9 AND SIXTY-TWO AND FORTY-FOUR ONE HUNDREDTHS FEET) TO A STAKE IN THE EARL ADKINS` LINE, AND WITH THE SAID ADKINS` LINE AND LEAVING LINE OF PARCEL NO. 3; THENCE N 59 01 W 55.0 FEET TO AS TAKE BY A DOGWOOD SPROUT ON SPUR (DOGWOOD AND SERVICE CALLED) THENCE N 75 30 W 35.0 FEET TO A STAKE ON SPUR, THENCE S 68 55 W 137.0 FEET TO THE BEGINNING, CONTAINING THREE AND SEVEN-HUNDRED AND TWENTY-ONE THOUSANDTHS (3.721) ACRE, MORE OR LESS.
ALL THAT CERTAIN TRACT OR PARCEL OF LAND, WITH THE IMPROVEMENTS THEREON AND ALL RIGHTS, PRIVILEGES AND APPURTENANCES THEREUNTO BELONGING SITUATE, LYING AND BEING ON INDIAN CREEK, ABOUT FIVE (5) MILES SOUTH OF POUND, VIRGINIA AND ON THE WEST SIDE OF THE FOUR (4) LANE HIGHWAY (U.S. 23). AND ON THE SOUTH SIDE OF STATE ROUTE 767 IN WISE COUNTY, VIRGINIA, AND BEING MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS:
BEGINNING AT THE SOUTHWEST CORNER, AN IRON PIN AT OR NEAR THE 20 FT RIGHT OF WAY TO THE SOUTH BOUND LANE OF U.S. 23; THENCE N 20-41 EAST 52.526 FT TO AN IRON PIN AT NORTHWEST CORNER, THENCE N 88-37-E 58.669 FT ALONG THE NORTH SIDE TO AN IRON PIN, A CORNER TO RICHARD BOLLING’S #2 TRACT S-20-37-06-W 65.114 FT. WITH RICHARD`S LINE TO AN IRON PIN N-79-10-W 55.26 FT ALONG RICHARD’S LOT #1 TO THE BEGINNING, CONTAINING APPROXIMATELY 3100 SQ. FT.
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 or 10% of the sale price, whichever is lower, will be required at the 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 $470.00 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.
(Attorney for the
4340 East West Highway Suite 600
Bethesda, MD 20814
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