TRUSTEE’S SALE OF
VALUABLE REAL ESTATE
The undersigned Substitute Trustee, by virtue of the authority vested in him by that certain Deed of Trust, dated May 21, 2008, and duly recorded in the Office of the Clerk of the County Commission of Mercer County, West Virginia, in Book No. 1142, at Page 627, Paul E. Sharrone and Vada M. Cook did convey unto Douglas McElwee, Trustee(s), certain real property described in said Deed of Trust; and the beneficiary has elected to appoint Seneca Trustees, Inc., as Substitute Trustee by a Substitution of Trustee dated July 26, 2018, and recorded in the aforesaid Clerk’s office; and default having been made under the aforementioned Deed of Trust, and the undersigned Substitute Trustee having been instructed by PennyMac Loan Services, LLC, to foreclose thereunder, will offer for sale at public auction at the front door of the Mercer County Courthouse in Princeton, West Virginia, on
September 27, 2018 at 1:00 PM
the following described real estate, together with its improvements, easements and appurtenances thereunto belonging, situate in East River District, Mercer County, West Virginia, and more particularly described as follows:
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF Mercer, STATE OF West Virginia, AND IS DESCRIBED AS FOLLOWS:
ALL THAT CERTAIN LOT OR PARCEL OF LAND LOCATED IN EAST RIVER DISTRICT, MERCER COUNTY, WEST VIRGINIA, DESIGNATED AS LOT 106-A AS SHOWN UPON A MAP BEARING THE LEGEND, PLAT OF SURVEY SHOWING DIVISION OF THE CHARLES L., JR. AND JERLENE HARVEY TRACT AS DESCRIBED IN DEED BOOK 568 AT PAGE 692 WHICH IS SITUATE IN LILLY GROVE IN EAST RIVER DISTRICT, MERCER COUNTY, WEST VIRGINIA. DANA PETTREY & ASSOCIATES, P.O. BOX 641, ATHENS, WEST VIRGINIA, DATED: 8/7/97, SCALE: 1″= 50″, OF RECORD IN THE OFFICE OF TE CLERK OF THE COUNTY COMMISSION OF MERCER COUNTY, WEST VIRGINIA, IN MICROFILM PLAT NO. 7712″, AND MORE PARTICULARLY BOUNDED AND DESCRIBED ASFOLLOWS:
BEGINNING AT AN IRON PIN IN THE EAST LINE OF THORNTON AVENUE AT THE COMMON CORNER OF LOTS 106-A AND 106-B AS SHOWN UPON SAID MAP; THENCE WITH THE DIVIDING LINE BETWEEN SAID LOTS 106-A
AND 106-B, S. 60 DEGREES 42′ 30″ E. 437.81 FEET TO AN IRON PIN; THENCE S 23 DEGREES 40′ W 49.33 FEET TO A DISTURBED IRON PIN RESET; THENCE N. 66 DEGREES 32′ W. 417.97 FEET TO AN IRON PIN IN THE EAST LINE OF THORNTON AVENUE, AND WITH THE SAME , N. 0 DEGREES 04′ W. 63.9 FEET TO AN IRON PIN, AND N. 36 DEGREES 27′ E. 36.1 FEET TO THE POINT OF BEGINNING, CONTAINING 0.712 OF AN ACRE, MORE OR LESS.”
AND BEING THE SAME PROPERTY CONVEYED TO MARVIN L. BAILEY AND ELLEN S. BAILEY, HIS WIFE, BY CHARLES L. HARVEY, JR. AND JERLENE HARVEY, HIS WIFE, BY DEED DATED NOVEMBER 10, 1981, OF RECORD IN THE OFFICE OF THE CLERK OF THE COUNTY COMMISSION OF MERCER COUNTY, WEST VIRGINIA, IN DEED BOOK 604, AT PAGE 13. MARVIN L. BAILEY DIED DECEMBER 27, 1997 AND BY HIS WILL RECORDED IN WILL BOOK 66 AT PAGE 729, HE DEVISED THIS PROPERTY TO HIS WIDOW, ELLEN S. BAILEY, NOW ELLEN SUE SHEPPARD.
At the time of the execution of the Deed of Trust, this property was reported to have an address of: 1206 Thornton Ave, Princeton, WV 24740-8849.
The referenced real estate will be conveyed with no covenants of warranty, and subject to all covenants, restrictions, easements, rights of way and reservations which may be a matter of record in the aforesaid Clerk’s Office or visible upon the ground, all prior liens and encumbrances, including, without limitation, liens for real estate taxes, incinerator, sanitary and sewer charges. The purchasers at the sale shall be responsible for paying the recording costs and also the tax on the privilege of transferring real property (the cost of the tax stamp to be affixed to the deed). The purchasers shall be responsible for payment of all real estate taxes.
The subject property will be sold in “AS IS” condition. The Substitute Trustee shall be under no duty to cause any existing tenant or person occupying the subject property to vacate said property.
TERMS: $8000.00 in cash and/or certified funds as deposit at the time of sale with the balance due and payable within 30 days of the day of sale.
FEDERAL TAX LIEN: In the event that there are Federal Tax Liens against the property, the United States would have the right to redeem the property within a period of 120 days from the date of such sale or the period allowable for redemption under local law, whichever is longer.
Pursuant to the Deed of Trust, the Trustee may postpone the sale by public announcement at the time and place designated or by posting a notice of the same, and act by agent in the execution of the sale. The parties secured by the Deed of Trust reserve the right to purchase the property at such sale.
SENECA TRUSTEES, INC.
5000 Coombs Farm Drive,
Suite 104
Morgantown, WV 26508
(304) 413-0044
(304) 292-2918
Toll free: (888) 534-3132
Reference File No. 64365
ID: 140029