Riverside Drive

TRUSTEE’S NOTICE OF SALE

OF VALUABLE REAL ESTATE SITUATE

IN TAZEWELL COUNTY,
VIRGINIA

In execution of a Deed of Trust dated May 29, 2015, and recorded in the Office of the Clerk of the Circuit Court of Tazewell County, Virginia in Deed Book 2015, Page 7506, the undersigned Trustee will offer for sale at public auction all that certain property, together with all improvements thereon and appurtenances thereunto belonging, more particularly described in the said Deed of Trust, having a tax map number of 105-A9-15-0029, and briefly described as follows:

All that certain lot or parcel of real estate, with all improvements thereon and all appurtenances thereunto and easements benefiting the same, situate in the Town of Richlands in the Maiden Springs Magisterial District of Tazewell County, Virginia being designated and described as Lot 29, on that certain plat or plat entitled “PLAT SHOWING A DIVISION OF LAND BELONGING TO KEASTER SHORTRIDGE AND TO BE CONVEYED TO RIVERSIDE VILLAS LLC AS DESCRIBED IN DEED BOOK 621, PAGE 637 AND DB 423 PG 740”, a copy of which map or plat is recorded in the aforesaid Clerk’s Office in Plat Book 47, page 130.

The property is SUBJECT to the Declaration of Covenants, Conditions and Restrictions of Riverside Villas Townhouse Development as recorded in the Office of the Clerk of the Circuit Court of Tazewell County, Virginia in Deed Book 1015, Page 838.

The street address of the Property is believed to be 247 Riverside Drive, Richlands, Virginia 24641, but such address is not part of the foregoing legal description. In the event of any discrepancy, the foregoing legal description shall control.

AND BEING, the same real property conveyed to Linda C. Lester, by deed dated May 29, 2015, of record in the Circuit Court Clerk’s Office of Tazewell County, Virginia, in Deed Book 2015, Page 7503.

Sale shall be made subject to all rights, reservations, restrictions, covenants, and easements of record in the aforesaid Clerk’s Office which may affect the title to the real property hereinabove mentioned, together with any prior liens or encumbrances, leases and all other matters of record, including, but not limited to, the priority of any fixture filing.

Date of Sale: June 25, 2018

Time of Sale: 9:30 a.m.

Place of Sale: Front Steps of the Tazewell County Courthouse, Main Street, Tazewell, Virginia.

Terms of Sale: The Successful Bidder shall make a ten percent (10%) deposit at the time of sale, subject to the exception that the Trustee reserves the right to modify or waive the deposit requirement if the Noteholder is the successful bidder. The entire amount of the successful bid must be paid in full by certified or bank cashier’s check within fifteen (15) days after sale, and Time is of the Essence as to the closing date and payment of the purchase price. The Property will be sold “AS IS, WHERE IS” and title will be conveyed by Special Warranty Deed. Risk of loss will pass at the time of sale, and neither the Trustee nor the Noteholder will deliver possession of the Property to the successful bidder. TheTrustee shall have no duty to obtain possession for purchaser. All risks of casualty pass to successful bidder at conclusion of bidding. Sale is subject to post-sale confirmation that the borrower did not file for protection under the U.S. Bankruptcy Code prior to the sale, as well as to post-sale confirmation and audit of the status of the loan with the loan servicer including, but not limited to, determination of whether the borrower(s) entered into any repayment agreement, reinstated or paid off the loan prior to the sale. In any such event, the sale shall be null and void, and the purchaser’s sole remedy, in law or equity, shall be the return of the purchaser’s deposit without interest. The purchaser of the Property will be required to pay all closing costs except the Grantor’s Tax, and real estate taxes will be pro-rated as of the original date of sale. If for any reason the Trustee fails to convey title to the Property to the purchaser, the purchaser’s sole remedy is the return of the Deposit paid by the purchaser on the date of the foreclosure sale. The high bidder for said premises will, at the time and place of sale, sign a memorandum of purchase and an agreement to comply with the terms and conditions of the sale herein contained. The right is reserved to adjourn the day of the sale to another day, time and place certain without further publication upon announcement at the time and place for the sale set forth above. The Trustee reserves the right to rescind the sale. In the event the high bidder at the foreclosure sale should fail to comply with the submitted bid, the Trustee shall have the option to accept the next highest bid in which the bidder is able to comply, or to re-advertise and sell at a later sale, and in either event the original purchaser will be held liable for any deficiency there may be between the sum for which the property may be purchased on the resale, and also for any costs or expenses incurred on such resale. The Trustee reserves the right to reject all bids and withdraw the property from sale, waive the deposit requirements in whole or in part and extend the period of time in which the purchaser is to make full settlement.

Additional terms may be announced at the sale.

Given under my hand this 7th day of June, 2018.

B & H LENDING SERVICES, LLC
TRUSTEE
By: C. R. Bolling, Member

FOR INFORMATION CONTACT:
B & H Lending Services, LLC
P.O. Box 1250
Richlands, VA 24641
(276) 971-4953

ID: 97848