Wood

TRUSTEES’ SALE OF VALUABLE REAL ESTATE

 

TRUSTEES’ SALE OF VALUABLE REAL ESTATE

 

The undersigned Trustees, by virtue of the authority vested in them by that certain deed of trust dated July 3, 2007, and duly recorded in the Office of the Clerk of the County Commission of Wood County, West Virginia, in Deed of Trust Book 1437, at page 349, Darlene Galloway and Jeri L. Galloway did convey unto Dave Palmer, Trustee, certain real property described in said deed of trust; and the beneficiary has elected to appoint Terra Abstract Trustee West Virginia Inc. as substitute Trustees by a Substitution of Trustee recorded in the aforesaid Clerk’s Office; and default having been made under the aforementioned deed of trust and the undersigned Trustees, having been instructed by the secured party to foreclose thereunder, will offer for sale at public auction at the front door of the Wood County Courthouse, 1 Court Square, Parkersburg, West Virginia 26101 on:

 

February 6, 2018

At 01:00 PM

 

All that certain lot, tract or parcel of land lying and being in the DISTRICT OF UNION, County of Wood and State of West Virginia, more particularly bounded and described as follows:

BEGINNING at a 1/2ã iron rebar (set) in the south line of West Virginia State Route 2, said rebar being westerly 150 feet more or less along the State Road right of way from the intersection of the east line of First Street extended and the south line of West Virginia Route No. 2; thence S. 15 degrees 57à W. 631.75 feet to a 1/2ã iron rebar (set); passing an iron rebar (set) at 456.75 feet; thence N. 74 degrees 03à W. 140.00 feet to a 1/2ã iron rebar (set), thence N. 15 degrees 57à E. 175.00 feet to a 1/2ã iron rebar (set), thence S. 74 degrees 03à E. 49.72 feet to a 1/2ã iron rebar (set); thence N. 12 degrees 42à E. 464.52 feet to a 1/2ã iron rebar (set); thence S. 70 degrees 36à E. 116.75 feet along the south right of way line of Route #2 to the place of beginning; containing approximately 1.654 acres, more or less, and being part of Lot 2 and part Lot 3 of the Rolston Estates Lots as recorded in Deed Book 74 at page 176. Subject to a twenty foot right of way given to the Grantor, his heirs, successors and assigns, for ingress and egress, and utilities across the westerly 20 feet of said property. The right of way shall begin at the northwest corner of said 1.654 acre tract in the south line of Route No. 2; thence bearing S. 12 degrees 42à W. 464.52 feet, and there ending, as shown on said survey.

And there is further conveyed to the part of the second part, his heirs, successors and assigns, by the parties of the first part, a right of way for utility purposes only across the property of parties of the first part immediately adjacent to the westerly line of the property conveyed herein, which property was conveyed to parties of the first part by Deed recorded in Deed Book 887, at page 650. Said right of way shall be twenty feet wide and 464.52 feet long, and the easterly line of said right of way shall begin at the northwest corner of said 1.654 acre tract in the south line of Route No. 2, and shall proceed thence bearing S. 12 degrees 42à W. 464.52 feet.

This Deed is subject to all prior exceptions, restrictions, reservations, easements, rights of way, leases, conveyances, and other encumbrances of record. Parties of the First Part do not represent that they have any power or right to transfer mineral rights to the property conveyed herein, and this Deed is subject to the rights of any third parties who may have rights to the minerals in, on or under said property.

Subject to easements, restrictions, and covenants of record, if any.

 

The aforesaid property is SUBJECT TO any and all easements, rights-of-way, conditions, covenants and restrictions of record or in existence.

The sale of the foregoing real property will be made subject to all exceptions, reservations, rights of way, easements, conditions, covenants, restrictions, leases and other servitudes of record, if any, pertaining to said real estate, subject to all matters disclosed by an examination and inspection of the property, subject to any and all unpaid taxes as recorded against said property, and to any further matters announced at said sale. The property is sold subject to an accurate survey at purchaser’s expense.

The sale of the foregoing real property will also be made expressly subject to any and all other deeds of trust, judgments, liens, and all other encumbrances of any nature whatsoever, if any, having priority over the deed of trust referred to herein.

The Trustees reserve the right to adjourn the sale, for a time, or from time to time, without further notice, by announcement at the time and place of sale describe above or any adjournment thereof. The Trustees reserve the right to reject any and all bids.

The subject property will be sold in âAS ISã condition. The Trustees shall be under no duty to cause any existing tenant or person occupying the subject property to vacate said property. The Trustees will deliver a trustees’ deed to the purchaser without any covenant or warranty (express or implied) in the form prescribed by W. Va. Code Œ38-1-6. The Trustees make no representations and warranties about the title of the real estate to be conveyed. If the Trustees are unable to convey insurable or marketable title to purchaser for any reason, purchaser’s sole remedy is return of deposit.

TERMS OF SALE: $17,000.00 cash in hand at the time of sale in the form of a certified check or cashier’s check made payable to âStern & Eisenberg Mid-Atlantic, PC, counsel for Terra Abstractã and the balance in cash closing within 30 days of the date of the sale. Purchaser shall pay for transfer stamps and recording fees. Additional terms of sale may be announced prior to the sale.

 

Terra Abstract Trustee West Virginia Inc.

55 Meridian Parkway

Suite 108

Martinsburg, WV 25404

304-757-7956, 443-815-3931

www.sterneisenberg.com

 

 

Jan 23, 30