Source: June 25, 2015 Read More →

TRUSTEE’S SALE OF VALUABLE REAL ESTATE

TRUSTEE’S SALE OF VALUABLE REAL ESTATE
The undersigned Substitute Trus-tee, by virtue of the authority vested in him by that certain Deed of Trust, dated April 17, 2008, and duly recorded in the Office of the Clerk of the County  Commission of Greenbrier County, West Virginia, in Document No. 54130, in Book No. 630, at Page 91, Robert K. Ringstaff and Helen E. Ringstaff did convey unto Richard A. Pill, 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 May 15, 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 Branch Banking and Trust Company to foreclose thereunder, will offer for sale at public auction at the front door of the Greenbrier County Courthouse in Lewisburg, West Virginia, on
July 13, 2015, at 4:00 PM
the following described real estate, together with its improvements, easements and appurtenances thereunto belonging, situate in Falling Springs District, Greenbrier County, West Virginia, and more particularly described as follows:
ALL THAT PARCEL OF LAND IN GREENBRIER COUNTY, STATE OF WEST VIRGINIA, AS MORE FULLY DESCRIBED IN DEED BOOK 398, PAGE 9, ID# 5059, BEING KNOWN AND DESIGNATED AS: THAT CERTAIN PROPERTY SITUATE IN FALLING SPRING TAX DISTRICT, COUNTY OF GREENBRIER, STATE OF WEST VIRGINIA, AND MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS: BEGIN-NING AT A POINT IN THE CENTER OF A BEACH CREEK ON THE SOUTHWEST SIDE OF BROWNS-TONE ROAD, A CORNER TO OCIE MAY GILBERT; THENCE LEAVING BROWNSTONE ROAD AND WITH THE LINE OF GILBERT DOWN THE CENTER OF BEACH CREEK, S 12-37 W 323.60 FEET TO A POINT; THENCE S 07-20 W 204.93 FEET TO A POINT; THENCE S 22-31 W 127.64 FEET TO A POINT; THENCE LEAVING GILBERT AND BEACH CREEK AND THROUGH THE PROPERTY OF GARY SARTOR, N 73-22 W 470.86 FEET TO A 1 INCH IRON PIPE SET IN A FIELD; THENCE N 16-38 E 454.19 FEET TO A 1 INCH IRON PIPE SET ON THE SOUTHEAST SIDE OF BROWN-STONE ROAD; THENCE WITH THE SOUTHEAST SIDE OF BROWN-STONE ROAD, S 77-45 E 127.83 FEET TO A POINT; THENCE S 87-42 E 200.73 FEET TO A POINT IN THE CENTER OF A 25 FOOT ACCESS ROAD; THENCE CONTINUING WITH BROWNSTONE ROAD, N 58-41 E 165.48 FEET TO THE BEGINNING AND CONTAINING 5.42 ACRES; AND SUBJECT TO A RESERVATION OF A 25 FOOT ACCESS ROAD AS SET OUT UPON SAID MAP AND MORE PARTICU-LARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTHEAST SIDE OF BROWN-STONE ROAD AND FROM WHICH A LINE BEARS N 58-41 E 1065.48 FEET TO THE BEGINNING POINT OF TRACT TWO; THENCE LEAVING BROWNSTONE ROAD AND WITH THE CENTER OF THE 25 FOOT WIDE ACCESS ROAD, S 16-08 W 164.70 FEET TO A POINT IN THE CENTER OF THE ACCESS ROAD; THENCE CONTINUING WITH THE CENTER OF THE ACCESS ROAD, S. 24-10 W. 367.57 FEET TO A POINT WHERE THE ACCESS ROAD CROSSES THE LINE OF TRACT TWO AND CONTAINING 0.31 ACRE.
BY FEE SIMPLE DEED FROM INSILCO CORPORATION AS SET FORTH IN BOOK 398 PAGE 9 DATED 04/05/1989 AND RECORDED 04/11/1989, GREENBRIER COUNTY RECORDS, STATE OF WEST VIRGINIA.
Subject to Deed of Trust recorded February 22, 2006 in Book 577, at Page 295.
At the time of the execution of the Deed of Trust, this property was reported to have an address of:  HC 66 Box 453 B, Renick, WV 24966.
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: $3,500.00 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.
SENECA TRUSTEES, INC.
5000 Coombs Farm Drive, Suite 104
Morgantown, WV 26508
(304) 413-0044
(304) 292-2918
Toll free: (888) 534-3132
Reference File No. 29793
(25jn,2jl