80 Penn Avenue, New Castle, VA 24127
By virtue of the power and authority contained in a Deed of Trust dated April 26, 2022 and recorded April 27, 2022 in Instrument Number 220000226 in the Clerk’s Office for the Craig County Virginia Circuit Court, Virginia, securing a loan which was originally $152,550.00. The appointed SUBSTITUTE TRUSTEE, Commonwealth Trustees, LLC will offer for sale at public auction at the steps for the Circuit Court for Craig County located at 182 Main Street, Suite 4, New Castle, VA 24127.
October 09, 2024
at 11:00 AM
improved real property,
with an abbreviated legal description of the following described property, to wit:
All that certain lot or parcel of land with all the improvements thereon, lying and being in the County of Craig, Commonwealth of Virginia, and being more particularly described as follows, to-wit:
Lot 8A, containing 0.282 acre, more or less, Block 25, New Castle Land and Improvement Company, as more particularly shown on that plat of survey for Robert Hodges, Inc., of Lots 7, 8 and 32 feet of Lot 9, Block 25, New Castle Land and Improvement Company and a portion of vacated Chilton Street, prepared by Charles E, Rozier, C.L.S., dated July 19, 2004, recorded in the Clerk`s Office of the Circuit Court for Craig County, Virginia, in Deed Book 144, page 322; and further shown on that plat of survey for Lucas F. Menezes and Robin T. Menezes, made by Berckman Land Surveying, Inc., dated May 25, 2006, and recorded in the aforesaid Clerk`s Office in Deed Book 156, page 760;
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.
FOR INFORMATION CONTACT
Rosenberg & Associates, LLC
(Attorney for the Secured Party)
4340 East West Highway, Suite 600
Bethesda, MD 20814
301-907-8000
www.rosenberg-assoc.com
