Hampshire

NOTICE OF FORECLOSURE OF VALUABLE REAL ESTATE

Notice is hereby given that the default having occurred in the payment of a certain indebtedness secured by a Deed of Trust dated May 24, 2014, by Gayle Ramsdell, Borrower/Trustor and William H. Bean and Oscar M. Bean, Trustees in favor of Dorothy S. Schoeneman, and said Deed of Trust is duly recorded in the Office of the Clerk of the County Commission of Hampshire County, West Virginia, in Trust Book No. 572, at Page 780, and the undersigned Trustee having been requested by the beneficial owner of said indebtedness to enforce said Deed of Trust, will sell at public auction and to the highest bidder, the following hereinafter described real estate on Friday, June 24, 2016, at 12:00 Noon at the front door  of the Hampshire County Courthouse in Romney, West Virginia.

REAL ESTATE: All that certain tract or parcel of real estate, together with all rights, rights-of-ways, improvements and appurtenances thereunto belonging, being located and situate in Capon District, Hampshire County, West Virginia, known and designated as Tract No. 7, Section D, of Warden Lake Subdivision, containing 7.984 acres, more or less, on a Plat of Survey of Section D, Warden Lake, of record in the Office of the Clerk of the County Commission of Hampshire County, West Virginia, in Map Book No. 3, at Page 60, to which reference is now made for a more particular description of said real estate and for any and all other pertinent purposes.

Being the same tract or parcel of real estate conveyed unto Gayle Ramsdell from Dorothy S. Schoeneman, Trustee of the Dorothy S. Schoeneman Trust, by Deed dated May 29, 2014, and of record in the Office of the Clerk of the County Commission of Hampshire County, West Virginia, in Deed Book No. 522, at Page 246.

The real estate is identified for tax assessment purposes in the Hampshire County Assessor’s Office on Tax Map 12, as Parcel 0019.

FEDERAL TAX LIENS: In the event that there are Federal Tax Liens against the property, the United States Government would have the right to redeem the property within a period of 120 days from date of such sale or period allowable for redemption under local law, whichever is longer.

TERMS OF SALE: Ten percent (10{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c}) deposit, in cash or approved check, must be tendered on date of sale, with the balance due at closing which shall be within two (2) weeks from date of sale. All costs of deed preparation, transfer stamps and real estate taxes now due or to become due are to be paid by the purchaser. The property will be conveyed by Trustee by quit claim deed without warranty of title.  If Trustee cannot convey an insurable or marketable title, the purchasers sole remedy is a return of deposit. The Trustee reserves the right to continue sale of subject property from time to time by oral proclamation, which continuation shall be in the sole discretion of the Trustee.

Any excess monies obtained from said sale, if any, will be applied toward inferior liens in order of their priority.

For more information concerning the property contact Dorothy Schoeneman at 804-303-9670.

WILLIAM H. BEAN
TRUSTEE FOR DOROTHY S. SCHOENEMAN
116 Washington Street, P.O. Drawer 30
Moorefield, WV  26836, 304-530-6198

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