Wood

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 April 26, 2007, and duly recorded in the Office of the Clerk of the County Commission of Wood County, West Virginia, in Document No. 533024, in Book No. 1427, at Page 598, modified in Document No. 829990, in Book No. 1802, at Page 829, and modified in Document No. 852565, in Book No. 1815, at Page 173, Paul E. Gains and Angela L. Gains did convey unto Capital Funding, 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 1, 2017, 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 Bank of America, N.A., to foreclose thereunder, will offer for sale at public auction at the front door of the Wood County Courthouse in Parkersburg, West Virginia, on

 

June 21, 2017 at 9:00 AM

 

the following described real estate, together with its improvements, easements and appurtenances thereunto belonging, situate in Parkersburg District, Wood County, West Virginia, and more particularly described as follows:

 

SITUATE AND BEING IN THE CITY OF PARKERSBURG, COUNTY OF WOOD, AND STATE OF WEST VIRGINIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:

FIRST TRACT: BEING ALL OF LOT NO. SIXTEEN (16) AS SHOWN ON A PLAT OF CENTRAL PLACE ADDITION, RECORDED IN THE OFFICE OF THE CLERK OF THE COUNTY COMMISSION OF WOOD COUNTY, WEST VIRGINIA, IN PLAT BOOK 3, AT PAGE 143.

SECOND TRACT: BEGINNING AT A POINT IN THE DIVISION BETWEEN ALBERT D. WHITE, LOT NO. 24 OF CENTRAL PLACE ADDITION, AND GLENDA BEVER, LOT NO. 23 OF CENTRAL PLACE ADDITION, SAID POINT BEING IN THE WESTERN CONTROLLED ACCESS RIGHT OF WAY LINE OF WEST VIRGINIA, ROUTE NO. 95; THENCE SOUTHWESTERLY WITH SAID DIVISION LINE 43 FEET, MORE OR LESS, TO A POINT IN THE NORTHEASTERLY LINE OF DENNIS STREET AND COMMON CORNER OF LOTS 23 AND 24; THENCE SOUTHEASTERLY WITH SAID LINE OF DENNIS STREET 45 FEET TO THE COMMON CORNER OF LOTS 23 AND 23 OF CENTRAL PLACE ADDITION; THENCE NORTHEASTERLY WITH THE DIVISION LINE OF LOTS 23 AND 24 14ã MORE OR LESS, TO SAID WESTERN CONTROLLED ACCESS RIGHT OF WAY LINE; AND THENCE NORTHERLY WITH THE SAME 50 FEET, MORE OR LESS, TO THE PLACE OF BEGINNING; AND BEING THAT PORTION OF LOT 23 NOT CONVEYED TO THE STATE ROAD COMMISSION OF WEST VIRGINIA, A CORPORATION, BY DEED DATED AUGUST 25, 1965, FROM GLENDA BEVER, RECORDED IN THE OFFICE OF THE CLERK OF THE COUNTY COMMISSION OF WOOD COUNTY, WEST VIRGINIA, IN DEED BOOK 506, AT PAGE 8, TO WHICH DEED REFERENCE IS MADE.

THERE IS EXCEPTED AND RESERVED FROM THIS CONVEYANCE THOSE PORTIONS OF THE ABOVE DESCRIBED REAL ESTATE HERETOFORE CONVEYED TO THE STATE ROAD COMMISSION OF WEST VIRGINIA THAT MAY APPEAR IN THE CHAIN OF TITLE TO THE ABOVE DESCRIBED REAL ESTATE.

THIRD TRACT: BEGINNING AT A POINT MARKING THE INTERSECTION OF THE NORTHERLY LINE OF MIAMI AVENUE WITH THE NORTHEASTERLY LINE OF MIAMI AVENUE WITH THE NORTHEASTERLY LINE OF A 5-FOOT ALLEY; THENCE ALONG SAID LINE OF ALLEY IN A NORTHWESTERLY DIRECTION 23.83 FEET TO A POINT MARKING THE CORNER WITH LOT NO. 16 AS SHOWN ON A PLAT HEREINAFTER REFERRED TO; THENCE AT RIGHT ANGLES IN A NORTHEASTERLY DIRECTION WITH THE LINE OF LOT NO. 16, 65 FEET TO A POINT ON THE SOUTHWEST LINE OF DENNIS STREET IN (FORMERLY JAMES STREET); THENCE ALONG SAID LINE OF DENNIS STREET IN A SOUTHEASTERLY DIRECTION 40.57 FEET TO A POINT; THENCE BEARING TO THE RIGHT, WITH THE ARC OF A CIRCLE, WHOSE RADIUS IS 5 FEET, 9.5 FEET, MORE OR LESS, TO THE SAID NORTHERLY LINE OF MIAMI AVENUE, IN A SOUTHWESTERLY DIRECTION, 62.12 FEET TO THE PLACE OF BEGINNING, AND BEING ALL OF LOT NO. FIFTEEN (15) OF CENTRAL PLACE ADDITION TO PARKERSBURG, WEST VIRGINIA, A PLAT OF SAID ADDITION IS OF RECORD IN THE OFFICE OF THE CLERK OF THE COUNTY COMMISSION OF WOOD COUNTY, WEST VIRGINIA, IN PLAT BOOK 3, AT PAGE 143.

 

At the time of the execution of the Deed of Trust, this property was reported to have an address of: 3206 Dennis St, Parkersburg, WV 26101-6235.

 

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: $7000.00 in cash and/or certified funds as deposit at the time of sale 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. 53540

 

 

 

May 23, 30

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