Wood

NOTICE OF TRUSTEE SALE OF VALUABLE REAL ESTATE

NOTICE OF TRUSTEE SALE OF VALUABLE REAL ESTATE

 

Pursuant to the authority vested in the undersigned by deed of trust dated the 14th day of May 2002, signed by Camp Hobbyville Enterprises, to W. James Reed and Joe D. Campbell, Trustee, which said deed of trust is of record in the Office of the Clerk of the County Commission of Wood County, West Virginia, in Trust Deed Book 1028, at page 873, and Golden & Amos, PLLC, Trustee having been requested so to do by the Secured Creditor, and default having been made under the terms and conditions of said deed of trust, and the provisions in said deed of trust concerning acceleration having been complied with by the Secured Creditor and present holder of the note, said Trustee will sell at public auction at 11:30 o’clock AM on the

 

14th day of DECEMBER 2015

 

at the front doors of the Courthouse in Wood County in Parkersburg, West Virginia the following described real estate:

All this property is in the City of Parkersburg, Wood County, West Virginia, together with the buildings thereon and the appurtenances thereunto belonging bounded and described as follows:

 

PARCEL NO. 1:

BEGINNING on the westerly side of Market Street at a point in the line of said street 107.258 feet from the westerly corner of Market and Sixth Streets; thence with the line of Market Street and in the direction of Fifth Street 41.07 feet to the line of the lot belonging to Martha Ramsey; thence with a common line of the lot hereby conveyed, and the Ramsey lot and parallel with Sixth Street, 170.412 feet to the line of a public alley; thence with the line of said public alley and in the direction of Sixth Street, 41.07 feet to the line of a lot belonging to J.V. Rathbone; thence with a common line of the lot hereby conveyed and the Rathbone lot 170.412 feet to the place of beginning, being the property set aside in common to P.D. Rathbone, Martha Ramsey, Margaret W. Paden, Sophie R. Jackson and J.V. Rathbone in the division of the estate of their father, J.V. Rathbone, a plat of the division of which said estate is recorded in Plat Book 1, pages 1 and 2 of the records of the County Clerk’s Office of Wood County, West Virginia, to which reference is hereby made for a more complete description of said property hereby conveyed. It is covenanted between the parties to this deed that this deed is made subject to all the conditions regarding the party walls contained in the deeds and decrees dividing the estate of J.V. Rathbone.

 

PARCEL NO. 2:

BEGINNING at a point 84. 898 feet from the corner of Sixth Street, being the center of the wall between rooms Nos. 525 and 527 on said street; thence at right angles to Market Street and along the center of said wall 170.412 feet to Williams Court Alley; thence at right angles in a southerly direction with the line of said alley 22.36 feet to a point; thence at right angles 170.412 feet to the line of Market Street; thence at right angles with the line of Market Street 22.36 feet to the place of beginning.

It is expressly understood and agreed between the parties hereto that this deed is made subject to that portion of an agreement heretofore made between Union Trust & Deposit Company of Parkersburg, West Virginia, Trustee, with Dils Bros & Company relating to a party wall between the property hereby conveyed and the property at No. 527 Market Street in said city, which agreement bears date on the 30th day of June, 1923, and is duly recorded in said Clerk’s Office.

 

PARCEL NO. 3:

FIRST TRACT:

BEGINNING at a point 64.728 feet from the corner of Sixth Street, being the center of the wall between rooms nos 527 and 529 on said street; thence at right angles to Market Street and along the center of said wall 170.412 feet to Williams Court Alley; thence at right angles in a southerly direction with the line of said alley 20.17 feet to a point; thence at right angles 170.412 feet and through the center of the wall between rooms nos. 525 and 527 on said street to the line of Market Street; thence at right angles and with the line of Market Street 20.17 feet to the place of beginning.

But it is expressly understood and agreed between the parties hereto that this deed is made subject to that portion of an agreement heretofore made between Union Trust & Deposit Company of Parkersburg, Trustee, with Dils Bros, & Company relating to a party wall between the property hereby conveyed and the property at No. 525 Market Street in said City, which agreement bears date on the 30th day of June, 1923, and is duly recorded in said Clerk’s Office in Deed Book No. 191, at page 436, there being hereby granted to the said party of the second part by the said party of the first part, however, all of the right, title and interest of the said party of the first part in, of and to said party wall.

 

SECOND TRACT:

BEGINNING at a point on the south side of Sixth Street eighty-three (83) feet westerly from the corner of Sixth and Market Streets; thence with the line of Sixth Street eighty-seven and four hundred twelve thousandths (87.412) feet to the corner of Williams Court Alley; thence in a southerly direction with the line of said alley forty-two and six hundred seventy-eight thousandths (42.678) feet to the line of a lot formerly owned by Sophie R. Poole; thence at right angles and in an easterly direction with the line of said lot eighty-seven and four hundred twelve thousandths (87.412) feet to the corner of the lot formerly owned by O.J. Stout and W.E. Stout; thence at right angles in a northerly direction with the Stout line forty-two and six hundred seventy-eight thousandth (42.678) feet to the place of beginning; it being expressly understood and agreed that the alley-way seven (7) feet wide along said Stout line shall forever remain and be kept open and free from all obstruction from the line of Sixth Street to the northerly line of the Sophie R. Poole lot, being a distance of forty-two ad six hundred seventy-eight thousandths (42.678) feet, and through which said alley the said Sophie R. Poole, her heirs and assigns, shall have the right-of-way for ingress and egress to and from the lot now owned by the said Sophie R. Poole estate fronting on Market Street.

 

THIRD TRACT:

BEGINNING at a point on the easterly side of Williams Court Alley forty-two and six hundred seventy-eight thousandths (42.678) feet from the line of Sixth Street, and thence in a southerly direction with the line of Williams Court Alley twenty-two and five one hundredths (22.05) feet to the line of lot formerly held in trust for J.V. Rathone, Jr.; thence at right angles and with said J.V. Rathbone line towards Market Street eighty and four hundred twelve thousandths (80.412) feet to a point; thence at right angles and towards Sixth Street twenty-two and five one hundredths (22.05) feet to the line of a lot owned by the estate of Sophie R. Poole and the estate of J.M. Jackson, Jr., jointly; thence at right angles and with said Poole and Jackson line eighty and four hundred twelve thousandths (80.412) feet to the place of beginning.

 

PARCEL 4, which was Parcel No. 9 in Deed of Trust:

BEING a certain lot in the same block number 529 (being 529 Market Street), beginning at a point 42.678 feet from the corner of Sixth Street and the center of the stairway and corner to property allotted under said decree to Peter D. Rathbone; running thence at right angles to Market Street 170.412 feet to an alley; thence with said alley westerly 22.05 feet; thence at right angles to said alley 170.412 feet to a point in the center of the division wall between lots No. 529 and 527; thence with Market Street easterly 22.05 feet to the place of beginning.

EXCEPTING AND RESERVING THEREFROM, that certain parcel of land granted by Union Trust and Deposit Company, a corporation, Trustee under the Will of Sophie R. Poole, deceased, to Charles W. Otto and others by deed dated September 8, 1933, recorded in said Clerk’s Office in Deed Book 208, page 548, more particularly bounded and described as follows: BEGINNING at a point on the easterly side of Williams Court Alley 42.678 feet from the line of Sixth Street, and thence in a southerly direction with the line of Williams Court Alley 22.05 feet to the line of Lot formerly held in trust for J.V. Rathbone, Jr.; thence at right angles and with said J.V. Rathbone line toward Market Street 80.412 feet to a point; thence at right angles and toward Sixth Street 22.05 feet to the line of a lot owned by the estate of Sophie R. Poole and the estate of J.M. Jackson, jointly; thence at right angles and with said Poole and Jackson line 80.412 feet to the place of beginning.

The grant of said real estate is subject to the provisions of said partition decree wherein it is directed that âwhenever the center of a wall is given as a point of division that such wall shall be subject to the rules relating to party walls and each piece of property shall be taken with all the easements and appurtenances to which it is entitled or by which it is burdened;ã and also to the provisions of said decree wherein it is directed âthat where in the Market Street block a dividing line between property allotted falls upon a stairway, the respective owners of property on either side thereof and their assigns, shall have the right to use such stairways in common; and so, as to halls and divisions above such dividing stairways in the upper stories of buildings now approached by such stairways; also all such halls and openings and means of access to upper floors as now (January 3, 1898) exist shall be used in common by the owners of contiguous property allotted, for ingress and egress, in or to and along such upper floors; but such right-of-way and easements refer to the several properties as they now (January 3, 1898) stand.ã

It is the intention of this notice to sell the secured property by proper description as was intended to be transferred and conveyed in the aforesaid deed of trust. The real estate to be conveyed is all the original tracts described in the Deed of Trust less and excepting the tracts described in a Partial Release of record in Lien Book 1075 ­ 297. The realty being conveyed are shown on the City of Parkersburg Tax Map Page 92 as Parcels 40, 42, 41 & 38.

 

The above described real estate is reported to have a mailing address of:

521 ­ 527 Market Street, 529 Market Street, Parkersburg, West Virginia 26102

 

TERMS OF SALE: Cash in hand on day of sale or within 30 days of date of sale upon terms to be agreed upon between Trustee and successful bidder, time being of the essence; payment for unpaid real estate taxes to be assumed by the purchaser. The Trustee does not warrant title or fitness to this property; it is being purchased as is; this is a buyer beware sale and any buyer is advised to retain counsel before the sale. If there is any part of the process of sale which is found to be objectionable, the Trustee reserves the right to cancel the sale. No purchaser should take possession or make improvements in the premises until the Trustee deed is delivered or recorded. A third party purchaser at sale will be required to pay the purchase price plus all recording and transfer fees.

Trustee at sale is under no duty to cause any existing tenant or person occupying the subject property to vacate said property.

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.

The party(ies) secured by the Deed of Trust reserve the right to purchase the property at such sale. If the purchaser at sale is unable to complete the terms of purchase within 30 days, the Trustee reserves the right to transfer the property to the next highest bidder.

Any sale hereunder may be adjourned from time to time without any notice other than oral proclamation at the time and place appointed for this sale or by posting of a notice of same. Should the Trustee not appear at the time appointed for the sale and there is no notice posted of a continuance please contact the office of the Trustee to make further inquiry. Any sale may be conducted or adjourned by the designated agent or attorney of the Trustee. The undersigned is fully vested with the authority to sell said property as Trustee by instrument of record.

Should any party have any inquires, objections to the sale or protests regarding the sale, or requests regarding the sale, please notify the trustee below by one of the means of communications set forth below.

 

GOLDEN & AMOS, PLLC,

TRUSTEE

543 Fifth Street, P.O. Box 81

Parkersburg, WV 26102

Telephone (304) 485-3851

Fax (304) 485-0261

E-mail:

vgolden@goldenamos.com

 

 

Nov 30, Dec 7