Mercer

161 Pine Tree Ln,

TRUSTEES’ SALE OF VALUABLE REAL ESTATE

161 Pine Tree Ln,
Princeton, WV 24740

In a Deed of Trust dated November 27, 2007, and duly recorded in the Office of the Clerk of the County Commission of Mercer County, West Virginia, in Deed of Trust Book 1128, at page 77 Allie Rose Lail did convey unto Janet Phillips, Trustee, certain real property. The beneficial holder of that Deed of Trust 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. Default having occurred under the Deed of Trust and the beneficial holder having instructed the undersigned Trustees to foreclose, this real property will be sold at public auction at the front door of the Mercer County Courthouse, 1501 Main Street, Princeton, West Virginia 24740 on:

July 16, 2020
At 11:00 AM

The property for sale as described by the Deed of Trust is as follows:
All that certain tract or parcel of real estate as shown on Plat of Survey Showing Lot Number 121 Section 1 of Jo-Ho Estates which is located near Princeton in East River District, Mercer County, West Virginia Dana Pettrey and Associates P.O. Box 641 Athens, West Virginia , Date: 07/23/1979 scale: 1 inches Equals to 30 feet Revisions: 10/12/1993, Which said plat is intended to be recorded simultaneously herewith and made a part hereof, and being more particularly bounded and described as follows: Beginning at a point on the southern line of Cedar Lane as shown on said map at the common Terminus of Lot 121 and 123; thence with the western line of Lot 123, S. 22 Degrees 00 minutes 00 seconds E. 142.488 feet to a point being the common corner of Lots 123, 124, 122 and 121; thence with the Northern line of Lot 122, S. 68 degrees 07 minutes 59 seconds W. 124.905 feet to the common corner of Lots 122, 120, 119 and 121; Thence with the Eastern line of Lot 119, N. 22 Degrees 00 minutes 00 seconds W. 130.271 feet to the southern line of said Cedar Line; Thence with the curve of same, on a chord bearing N. 63 Degrees 41 minutes 24 Sec E. a distance of 56.804 feet to a point and on a chord bearing N. 61 Degrees 35 minutes 58 seconds E. A Distance of 68.689 feet to the place of Beginning and containing 0.389 acres, more or less, Map 175 and Parcel 9
Being the same fee simple property conveyed by general warranty deed from Randal W. Roahrig and Mary Roahrig Husband and wife to Allie Rose Lail, dated 12/23/1993 in Book 741, Page 212 in Mercer County Records, State of WV
Please note that this Deed of Trust is in second position behind a first lien mortgage interest.
The purchaser will take the property subject to all exceptions, reservations, rights of way, easements, conditions, covenants, restrictions, leases and other servitudes of record, if any, pertaining to said real property.
The purchaser will be responsible for paying any transfer stamp, excise taxes, and recording costs associated with recording the Trustee’s Deed into their name.
The purchaser will be responsible for paying any unpaid property taxes owed to the Sheriff of Mercer County prior to or following the sale directly to the Sheriff.
The purchaser will take the property subject to any deed of trust, judgment, lien, and any other encumbrance having priority over the deed of trust referred to herein.
The purchaser will take the property subject to any deed of trust, judgment, lien, and any other encumbrance that is junior (“junior claims”) to this Deed of Trust and to which sufficient notice was not given. In that case, unless such right to notice is waived, the chain of title shall not merge with this Deed of Trust as to those unnoticed deeds of trust, judgments, liens, and other encumbrances and will be subject to a further noticed and published sale under this Deed of Trust pursuant to W.Va. Code 38-1-4, in which bidding shall resume at the last highest bid given. In the event of a surplus of such sale, the mortgagors and noticed junior lienholders are hereby on notice that if such surplus is less than Two Thousand Five Hundred Dollars ($2500.00), then the Substitute Trustee will disburse those proceeds to the most senior interest holder as it sees fit, unless an objection is made in writing.
The Trustees do not guarantee or represent that the boundaries described above are accurate, are not encroached upon, or that any particular structure located on the property is contained within the described boundaries. The property is therefore sold subject to an accurate survey at purchaser’s expense.
The Trustees reserve the right to adjourn the sale, for a time, or from time to time, by announcement at the time and place of sale described above or any adjournment thereof. Such adjournment will be noticed by posting a notice at the front door of the county courthouse or where such notices are traditionally posted at the county courthouse. Such notice will include the date and time when such sale will reconvene.
The Trustees reserve the right to reject any and all bids for any reason.
The Trustees make no representations as to the condition of the property. The property will be sold in “AS IS” condition.
The Trustees make no representations as to whether the property is occupied. The purchaser is responsible for gaining access and possession of the property. Trustees shall be under no duty to cause any existing tenant or person occupying the subject property to vacate said property.
The purchaser may assign its rights prior to the delivery of the trustee’s deed by a signed request in writing to the trustee; the assignee of the purchaser shall be bound by all terms and conditions applicable to the purchaser.
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 38-1-6. 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: Purchaser must bring $1000 cash in hand at the time of sale as a deposit in the form of a certified check or cashier’s check made payable to “Stern & Eisenberg Mid-Atlantic, PC, counsel for Terra Abstract.” Those appearing without their deposit will not be allowed to bid. The balance of the successful purchaser’s bid must be proffered in cash 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.
9920 Franklin Square Drive,
Suite 100
Baltimore, MD 21236
(410) 635-5127, (443) 815-3931
www.sterneisenberg.com

ID: 404369