Source: July 21, 2015 Read More →

Trustee Sale

The undersigned Substitute Trustee, by virtue of the authority vested in him by that certain Deed of Trust, dated November 29, 2001, and duly recorded in the Office of the Clerk of the County Commission of Marion County, West Virginia, in Document No. 200100016493, in Book No. 721, at Page 458 and modified in Document No. 201200000683, in Book No. 1020, at Page 419, Beneta L. Bates and Kevin Bates did convey unto David G. Underwood, 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 June 4, 2015 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 U.S. Bank Trust, N.A., as Trustee for LSF8 Master Participation Trust to foreclose thereunder, will offer for sale at public auction at the front door of the Marion County Courthouse in Fairmont, West Virginia, on
August 6, 2015
at 3:00 PM
the following described real estate, together with its improvements, easements and appurtenances thereunto belonging, situate in Winfield District, Marion County, West Virginia, and more particularly described as follows:
Situated in the State of WV, County of Marion and in the District of Winfield.
FIRST PARCEL: Beginning at a post a corner to the Viola School Lot, in line of Clyde Hawkins and running thence with same, N. 30° 15′ W. 150 feet to a stake in the line of Grover Sergeant; thence with same. N. 50° 00′ E. 200 feet to a post by a stone in the line of Vangilder; thence with his line, S. 47° 00′ E. 147.4 feet to a stake and thence with other lines of Clyde Hawkins, S. 49° 42′ W. 242.2 feet to the place of beginning, containing 0.755 acres, more or less.
SECOND PARCEL: Beginning at a stone, corner to Viola School property and Grover Sergeant, thence N. 30° 15′ W. 50 feet to a stone; thence N. 48° 30′ E. 185.75 feet to a stone, corner to Grover Sergeant; thence S. 47° 00′ E. 50 feet to a stone, comer to Keith Smith and M. W. Harris lands; thence S. 50° 00′ W. 200 feet to the beginning, containing twenty-one one-hundreths (21/100) acres, more or less.
Grantor also hereby grants any right, title and interest that he may have in and to certain rights of way from the State Secondary Road to the property above described
At the time of the execution of the Deed of Trust, this property was reported to have an address of:
RR 3 Box 393,
Fairmont, WV 26554
aka 47 Viola Rd,
Fairmont, WV 26554
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 “AS IS” 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: $6,000.00 in cash and/or certified funds as deposit 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.
5000 Coombs Farm Drive, Suite 104
Morgantown, WV 26508
(304) 413-0044
(304) 292-2918
Toll free: (888) 534-3132
Reference File No. 29972
Times: July 21, 28, 2015