Source: September 24, 2015 Read More →

TRUSTEE’S SALE OF VALUABLE REAL ESTATE

TRUSTEE’S SALE OF VALUABLE REAL ESTATE The undersigned Substitute Trustee, by virtue of the authority vested in him by that certain Deed of Trust, dated September 22, 2005, and duly recorded in the Office of the Clerk of the County Commission of Raleigh County, West Virginia, in Document No. 50194439, in Book No. 5019, at Page 4439, Thomas E. Allen did convey unto Ziegler and Gunoe, Trustees, 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 August 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 MidFirst Bank to foreclose thereunder, will offer for sale at public auction at the front door of the Raleigh County Courthouse in Beckley, West Virginia, on October 8, 2015 at 12:15 p.m. the following described real estate, together with its improvements, easements and appurtenances thereunto belonging, situate in Beckley District, Raleigh County, West Virginia, and more particularly described as follows: BEING the surface of those two parcels of land located in City of Beckley District, Raleigh County, West Virginia, being more particularly described as follows: TRACT ONE: BEING the surface of LOT FIVE (5) and PART LOT SIX (6), SECTION THIRTEEN (13), as shown on MAP NO. 2 OF RALEIGH COURT ADDITION to the City of Beckley, Raleigh County, West Virginia, being more particularly described as follows: BEGINNING at a hub on the right of way line of Massey Street, said hub also being a common corner to Lot 4 of Section 13, of the said Raleigh Court Addition; thence along and with the common boundary line between said Lots Nos. 4 and 5, N. 34 degrees 08′ W. 101.70 feet to a hub on a 12 foot alley; thence along and with the said 12 foot alley N. 72 degrees 05′ E. a distance 62.50 feet to another hub in the line of Lot 6, Section 13 of the said Addition; thence a new line through said Lot 6, S. 34 degrees 08′ E. a distance of 84.25 feet to a hub on line of Massey Street; thence along and with Massey Street S. 55 degrees 52′ W. to a hub, the point and place of BEGINNING, containing 0.13 of an acre and being all of Lot 5 and Part of Lot 6, Section 13, as shown on Map No. 2 of the said Raleigh Court Addition which said map is of record in the Office of the Clerk of the County Court of Raleigh County, West Virginia in Deed Book 62 at page 273, reference to which map is hereby made for a more particular description of the lots herein conveyed; further being the same property shown on a survey thereof dated June 15, 1978, entitled “Lot 5 and Part of Lot 6 (Block 13) Raleigh Court Addition to the City of Beckley, owned by Wesco Homes, Inc. to be conveyed to John W. and Gail Newsome located in Beckley, Raleigh County, West Virginia.” prepared by Engineering Services, Inc., AND BEING the same property conveyed unto John W. Newsome and Gail Newsome, husband and wife, by deed dated July 13, 1978, recorded in the Office of the Clerk of the County Court of Raleigh County, West Virginia in Deed Book 599 at page 687. TRACT TWO: BEING LOTS NO. TWO (2), THREE (3), and FOUR (4) of SECTION THIRTEEN (13) of the RALEIGH COURT ADDITION of the City of Beckley, Raleigh County, West Virginia, as designated and shown on a map marked “Raleigh Court Addition to the City of Beckley, West Virginia,” and being in Deed Book No. 62 at page 274, in the office of the Clerk of the County Court of Raleigh County, West Virginia. AND BEING the same property conveyed unto John W. Newsome and Iris Gail Newsome, husband and wife, by deed dated May 21, 1993, recorded in the Office of the Clerk of the County Court of Raleigh County, West Virginia on Microfilm Roll 39 at page 525. THIS IS A PURCHASE MONEY DEED OF TRUST. SAID PROPERTY is to be conveyed unto Thomas E. Allen by deed to be recorded simultaneously herewith. At the time of the execution of the Deed of Trust, this property was reported to have an address of: 409 Massey Street, Beckley, WV 25801. 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. 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. 33666 10-1-THU-1-RH; L 3468