Wood

TRUSTEE’S SALE OF VALUABLE REAL ESTATE

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 April 25, 2008, and duly recorded in the Office of the Clerk of the County Commission of Wood County, West Virginia, in Document No. 568703, in Book No. 1490, at Page 514, Margaret A. Benson and Vernon C. Benson did convey unto Trevor T. Hyre, 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 May 30, 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 Wilmington Trust, National Association, not in its individual capacity, but solely as trustee for MFRA Trust 2015-1, to foreclose thereunder, will offer for sale at public auction at the front door of the Wood County Courthouse in Parkersburg, West Virginia, on

 

July 11, 2018 at 9:30 AM

 

the following described real estate, together with its improvements, easements and appurtenances thereunto belonging, situate in Steele District, Wood County, West Virginia, and more particularly described as follows:

 

SITUATE, LYING AND BEING IN STEELE DISTRICT, WOOD COUNTY, WEST VIRGINIA, MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS: BEGINNING AT A POINT IN THE CENTERLINE OF JOSHUS FORK ROAD WEST VIRGINIA SECONDARY ROUTE 23, IN THE NORTHEASTERLY LINE OF THE PARENT TRACT (DEED BOOK 822 PAGE 100-ãTHIRD TRACTáá); THENCE WITH THE NORTHEASTERLY LINE OF SAID PARENT TRACT S. 40 DEG. 00á E. 316.22 FEET TO A POINT IN JOSHUS FORK, THE CENTER OF AN OLD PUBLIC ROAD, PASSING IRON PIPES (FOUND) AT 22.22 FEET AND 291.22 FEET; THENCE WITH THE NORTHERLY LINE OF R.N. SANDS (DEED BOOK 856, PAGE 565), FOUR (4) COURSES AND DISTANCES: (1) N. 85 DEG. 00á W. 82.50 FEET TO AN IRON ROD (SET) IN THE SOUTHERLY EDGE OF SAID OLD PUBLIC ROAD; THENCE (2) S. 75 DEG. 00á W. 165.00 FEET TO AN IRON ROD (SET) IN THE SOUTHERLY EDGE OF SAID OLD PUBLIC ROAD THENCE (3) S. 13 DEG. 00á E. 148.50 FEET TO AN ROD (SET); THENCE (4) S. 52 DEG. 00á W. 689.20 FEET TO AN IRON ROD (SET); THENCE WITH THE SOUTHWESTERLY LINE OF THE PARENT TRACT (DEED BOOK 822, PAGE 100- âSECOND TRACTã) N. 60 DEG. 55á W. 510.29 FEET TO A POINT IN THE CENTERLINE OF SAID JOSHUS FORK ROAD, PASSING AN IRON ROD (SET) AT 483.64 FEET; THENCE WITH THE INTERIOR OF THE SAID PARENT TRACT, WITH THE CENTERLINE OF SAID JOSHUS FORK ROAD, NINE (9) COURSES AND DISTANCES, (1) N. 69 DEG. 27á E. 133.41 FEET TO A POINT; THENCE (2) N. 62 DEG. 29á E. 117.69 FEET TO A POINT; THENCE (3) N. 45 DEG. 55á E. 77.99 FEET TO A POINT; THENCE (4) N. 32 DEG. 48á E. 200.46 FEET To A POINT; THENCE (5) N. 50 DEG. 51á E. 65.34 FEET, TO A POINT THENCE (6) N. 58 DEG. 15á E. 108.01 FEET TO A POINT; THENCE (7) N. 51 DEG. 57á E. 155.45 FET TO A POINT; THENCE (8) N. 64 DEG. 52á E. 87.25 FEET TO A POINT; THENCE (9) 80 DEG. 19á E. 259.81 FEET TO THE POINT OF BEGINNING AND CONTAINING 10.127 ACRES TOTAL, LESS 0.559 ACRE JOSHUS FORK ROAD RIGHT OF WAY LEAVING 9.568 ACRES MORE OR LESS. (PLAT BOOK 24, PAGE 38) THIS CONVEYANCE IS MADE SUBJECT TO ALL OIL, GAS AND MINERAL RESERVATIONS AS MADE BY PREDECESSORS IN THE CHAIN OF TITLE AND TO ALL VALID EXISTING RIGHTS OF WAY AND EASEMENTS APPEARING OF RECORD.

 

At the time of the execution of the Deed of Trust, this property was reported to have an address of: 754 Joshus Fork Rd, Rockport, WV 26169.

 

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 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. 62708

 

 

Jun 22, 29

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