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 July 22, 2004, and duly recorded in the Office of the Clerk of the County Commission of Wood County, West Virginia, in Document No. 446524, in Book No. 1227, at Page 90 and modified in Document No. 549891, in Book No. 1458, at Page 25, James R. Chapman and Mona S. Chapman did convey unto Tommy Dixon, Trustee, 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 September 16, 2016 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 U.S. Bank Trust, N.A., as Trustee for LSF9 Master Participation Trust to foreclose thereunder, will offer for sale at public auction at the front door of the Wood County Courthouse in Parkersburg, West Virginia, on
November 2, 2016 at 9:00 AM
the following described real estate, together with its improvements, easements and appurtenances thereunto belonging, situate in Williams District, Wood County, West Virginia, and more particularly described as follows:
ALL THAT CERTAIN LOT, TRACT OR PARCEL OF LAND LYING AND BEING SITUATE IN WILLIAMS DISTRICT, WOOD COUNTY, WEST VIRGINIA, AND MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS:
BEGINNING AT A 1/2-INCH IRON REBAR SET IN A SOUTHERLY LINE OF MYERS, DEED BOOK 506, PAGE 508, SAID IRON REBAR BEING S61 20E 233.48 FEET FROM AN IRON PIPE IN THE SOUTHERLY LINE OF RIDGE ROAD IN LINE OF SAID MYERS, THENCE WITH THE MYERS LINE S61 20E 360 FEET TO A 1/2-INCH IRON REBAR SET, THENCE S28 40W 125 FEET TO A 1/2-INCH IRON REBAR SET, THENCE N61 20W 360 FEET TO A 1/2-INCH IRON REBAR SET, THENCE N28 40E 125 FEET TO TEH BEGINNING CONTAINING 1.03 ACRES MORE OR LESS AND SHOWN ON A PLAT BY SCOTT F. STEWART, PROFESSIONAL LAND SURVEYOR, DATED JANUARY 16, 1995, AND ATTACHED HERETO AND MADE A PART HEREOF AND MARKED FOR IDENTIFICATION AS àEXHIBIT Aá.
SUBJECT TO THE RIGHT TO USE THAT CERTAIN 30-FOOT WIDE RIGHT-OF-WAY FOR THE PURPOSE OF INGRESS AND EGRESS TO THE TRACT ABOVE BEING CONVEYED, WHICH SAID 30-FOOT RIGHT-OF-WAY IS SHOWN ON THE PLAT WHICH IS ATTACHED HERETO AND MARKED AS àEXHIBIT Aá.
SUBJECT TH ANY AND ALL AGREEMENTS, EXCEPTIONS, RESTRICTIONS, RESERVATIONS, RIGHTS-OF-WAYS AND EASEMENTS OF RECORD INT EH AFORESAID CLERKáS OFFICE PERTAINIGN TO THE ABOVE DESCRIBED REAL ESTATE. TAX MAP OR PARCEL IO NO.: 400-D1.1
At the time of the execution of the Deed of Trust, this property was reported to have an address of: 43 Paddock Lane Parkersburg, WV 26105 aka 85 Paddock Lane, Parkersburg, WV 26105.
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 âAS ISã 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: $7000.00 in cash and/or certified funds as deposit 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. 44355
Oct 6, 13