Source: July 13, 2015 Read More →

NOTICE OF TRUSTEE’S SALE

NOTICE OF TRUSTEE’S SALE NOTICE IS HEREBY GIVEN that by virtue of a certain deed of trust (the “Deed of Trust”) dated August 21, 2006, made by Douglas P. Humphrey and Lovey D. Humphrey, to Alan H. Larrick, Trustee, of record in the Office of the Clerk of the County Commission of Raleigh County, West Virginia, in Trust Deed Book No. 5023, at page 5295, to secure The Poca Valley Bank in the payment of the sum of $127,346.00, evidenced by a negotiable promissory note bearing even date therewith, and The Poca Valley Bank being authorized and empowered to designate and appoint one or more substitute trustees in the place and stead of the trustee named in the Deed of Trust and the undersigned, Arthur M. Standish and/or Sarah C. McCarty now known as Sarah C. Ellis, were so appointed by the terms of a Designation of Substitute Trustee of record in said Clerk’s office, and default having been made in the payment of said indebtedness and said Substitute Trustees having been requested in writing so to do by The Poca Valley Bank, owner and holder of said note, said Substitute Trustees, on THURSDAY, AUGUST 6, 2015 AT 3:00 P.M. EASTERN TIME will offer for sale and sell at public auction at the property location at Airport Circle, Beaver, West Virginia to the highest bidder therefore, which is comprised of all of his right, title and interest, in and to being all those certain lots and parcels of land, together with the improvements thereon and the appurtenances thereunto belonging, situate in the Shady Spring District, Raleigh County, West Virginia, more particularly described as follows: BEGINNING at a point at the eastern right of way of Blue Angel Drive, being the common corner of Lots No. 14 & 15, thence with the lot line of Lots No. 14 & 15; N 00 f 42′ 25″ W. 457.44′ to a point, being a corner of a part of Lot no. 15, containing 2.070 acres, thence with a line through Lot no. 15; N 47 f 23′ 09″ E 601.46 to a point, being the corner of Lots No. 15 & 17, thence with the Lot line of Lot No. 15; S 00 f 00′ 00″ W (Due South) 686.45′ to a point, being a corner of the S.J. Enterprises, Inc. (726-109), part of Lot No. 15 thence with the boundary line of the said S.J. Enterprises, Inc., part of Lot No. 15; S 89 f 17′ 35″ W 400.52 (passing the corner of the S.J. Enterprises, Inc., part of Lot No. 15 at 269.06), to a point being a corner of the Acorn Woods, Inc., (743-726), part of Lot No. 15, thence with the boundary line of the Acorn Woods, Inc., part of Lot No. 15., S 00 f 42′ 25″ E 174.00′ to a point, being a corner of Acorn Woods, Inc., at the right of way of Blue Angel Drive; S 89 f 17′ 35″ W 40.00 to the point of beginning, and containing 5.091 acres, more or less. And being the same property acquired by Douglas Humphrey and Lovely Humphrey from Raleigh County Airport by Deed dated June 6, 2006, recorded in the Office of the Clerk of the County Commission of Raleigh County, West Virginia. The sale of said property will be made subject to all exceptions, encumbrances, reservations, rights of way, easements, conditions, covenants, restrictions, leases and other servitudes of record, if any, pertaining to said real estate, and any and all unpaid taxes assessed against said property. Joe R. Pyle Auction Service will assist with the sale. Any sale hereunder may be adjourned from time to time without notice other than oral proclamation at the time and place appointed for the sale. The Trustees reserve the right to reject any or all bids. Conveyance shall be by special warranty deed, and purchaser shall pay for all transfer stamps, recording fees, and other closing costs. TERMS OF SALE: Ten percent (10{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c}) of the sales price shall be paid by cash, cashier’s check, or check guaranteed by bank letter of credit in acceptable form, in hand on the day of sale (the “Good Faith Deposit”), with the balance to be paid in cash at closing within 30 days after the date of sale. Additional terms and conditions shall be announced at the sale. At public sale any person or entity may bid and may purchase any real estate sold if they be the highest bidder. If the real estate is sold for an amount in excess of the outstanding balance of the mortgage, together with all interest, unpaid real estate taxes and costs, said excess must be used to satisfy any other encumbrances on said property and after all said encumbrances are satisfied together with all interest and costs, any excess then remaining must be paid to the Grantor. If the Grantor or any person holding an encumbrance cannot be found after a diligent search, the money shall be paid into the Circuit Court of the county for the benefit of the Grantor or the holder of any such encumbrance. Dated: June 19, 2015. Sarah C. Ellis, as Substitute Trustee Steptoe & Johnson PLLC PO Box 1588 Charleston, WV 25326 7-20-MON-2-RH L 3184