Marion

George Trustee Sale

NOTICE OF
TRUSTEE’S SALE
NOTICE IS HEREBY GIVEN that by virtue of a deed of trust dated September 3, 1999 (the “Deed of Trust”), made by Marion Melrose George to Philip A. Prichard, Trustee, of record in the Office of the Clerk of the County Commission of Marion County, West Virginia, in Trust Deed Book 683, at Page 31, to secure First Exchange Bank in the payment of the sum of $54,000.00, evidenced by a negotiable promissory note bearing even date therewith, and First Exchange 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, Appalachian Title Services, LLC, a West Virginia limited liability company, having been 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 Trustee having been requested in writing so to do by First Exchange, the owner and holder of said note, said Substitute Trustee, on
WEDNESDAY, MAY 25, 2016 AT 11:00 A.M. EASTERN TIME
will offer for sale and sell at public auction at the front door of the Marion County Courthouse in Fairmont, West Virginia, to the highest bidder therefor, all the following described lot or parcel of land, together with the buildings and improvements thereon and the appurtenances thereunto belonging, situate in the Ritchie Addition to the City of Mannington, Mannington District, Marion County, West Virginia, a map or plat of said Ritchie Addition being of record in the office of the Clerk of the County Commission of Marion County, West Virginia in Deed Book 6, at Page 469, reported to have, at the time of the execution of the Deed of Trust, an address of
115 Monroe Street,
Mannington,
West Virginia 26582
and being more particularly bounded and described as follows:
Beginning at the south-east corner of Washington and Monroe Streets; thence running with Washington Street S. 18° E. 134-1/2 feet to corner of William & Janet Shawhan, formerly Edith Stull; thence with Shawhan and then William Bainbridge, N. 72° E. 85 feet to corner with Lucy E. Moore, formerly of Clyde Hickman; thence running with Lucy E. Moore line N. 18° W. 134-1/2 feet to Monroe Street; thence with Monroe Street S. 72° W. 85 feet to the place of beginning, containing 11,432.50 feet, which parcel includes all of Lot No. 6, Part of Lot No. 5, Part of Lot No. 1 and Part of Lot No. 2 as shown on said original plat of Ritchie Addition to the City of Mannington (formerly incorrectly referred to as Part of Lots 7 & 8 in West Mannington).
Being the same real estate that was conveyed by William J. Yoho and Eva L. Yoho, husband and wife, to Marion Melrose George, by a deed dated the 1st day of September, 1999, and of record in the aforesaid Clerk’s office in Deed Book 957, at Page 25.
This property is assessed on the Land Books for the City of Mannington, Mannington Tax District, Marion County, West Virginia, for the year 2015, as follows:
GEORGE, Marion M. – Map 2, Parcel 64, PT LS 7-8 Washington & Monroe Sts (Plat 6-469)
There is excepted and reserved from this conveyance all of the coal, oil and gas heretofore sold, excepted and reserved, together with all the usual and necessary mining rights and privileges in connection therewith and as set forth in prior deeds.
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. The sale of said property will be made subject to all exceptions, 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.
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 Substitute Trustee reserves 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.
Additional terms and conditions may 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.
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.
Dated: April 29, 2016
APPALACHIAN TITLE
SERVICES, LLC
Substitute Trustee
P. O. Box 1081
Bridgeport, WV 26330
(304) 641-7374
appalachiantitle@
yahoo.com
Times: May 4, 11, 2016