In execution of a Deed of Trust dated August 23, 2016, recorded in the Clerk’s Office of the Circuit Court for Craig County, Virginia, as Instrument No. 160000420, the Substitute Trustee will offer the above-described property for sale to the highest bidder at public auction on the date and time referenced below.
BEING Lot 2, containing 6.128 acres, according to a map entitled “Survey for: Dennis M. Morgan, et als, Craig Creek Magisterial District, Craig County, Virginia, by John D. Abbott, PE, CLS,…” dated November 6, 2003, of record in the Clerk’s Office of the Circuit Court for the County of Craig, Virginia, in Deed Book 143, page 1.
TOGETHER WITH an easement of right of way over the existing twenty-five foot wide Forest Service Road to Virginia Secondary Route 651 as more particularly shown on the hereinabove referenced Abbott survey recorded in the aforesaid Clerk’s Office in Deed Book 143, page 1.
Date of Sale:
February 26, 2020 at 9:00 a.m. at Craig County Circuit Court, 182 Main Street, #5, Castle, Virginia 24127.
Terms: CASH; a deposit in the form of certified funds in the amount of $10,000 or 10% of the sale price, whichever is lower. Settlement within thirty (30) days of date of sale. Time is of the essence.
OPTIONS:
- All costs of conveyance, examination of title, recording charges, etc. will be at cost of purchaser with the exception of the grantor’s tax. Neither the Substitute Trustee nor any other party guarantees or covenants to deliver or in any way to obtain possession of the premises for any third party purchaser.
- The Substitute Trustee reserves the right to reject all bids, extend the time to receive bids or withdraw the property from sale at any time. In addition, should the Substitute Trustee be unable, for any reason, in its sole discretion, to convey title, the successful bidder’s sole remedy in law or equity shall be the return of his deposit. Upon refund of the deposit, the sale shall be void and of no effect.
Additional terms may be announced at the time of the sale. The Substitute Trustee will convey the above-described property to the purchaser(s) by Special Warranty deed at settlement and makes no additional representations or warranties of any kind regarding the title to said property.
John K. Prillaman, Esq.
Substitute Trustee
For Information Contact:
John K. Prillaman, Esq.
OPN LAW
3140 Chaparral Drive
Roanoke, Virginia 24018
(540) 725-8194
