TRUSTE’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 June 16, 2005, and duly recorded in the Office of the Clerk of the County Commission of Raleigh County, West Virginia, in Document No. 50183401, in Book No. 5018, at Page 3401, Nola J. Lilly and Jimmy R. Lilly did convey unto C.D. Dunbar or D.A. Barnette, 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 21, 2016 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 HSBC BANK USA, NATIONAL ASSOCIATION, as Indenture Trustee, for the FBR Securitization Trust 2005-2 Callable Mortgage – Backed Notes, Series 2005-2 to foreclose thereunder, will offer for sale at public auction at the front door of the Raleigh County Courthouse in Beckley, West Virginia, on August 5, 2016 at 9:30 a.m. the following described real estate, together with its improvements, easements and appurtenances thereunto belonging, situate in Slab Fork District, Raleigh County, West Virginia, and more particularly described as follows: ALL THAT CERTAIN TRACT OR PARCEL OF LAND SITUATE IN SLAB FORK DISTRICT RALEIGH COUNTY, WEST VIRGINIA, CONTAINING 1.38 ACRES, MORE OR LESS, AND BEING LOT NO 3 AS SHOWN ON A MAP ENTITLES “MAP GASTON HARGIS PROPERTY COAL CITY, WEST VIRGINIA SLAB FORK DISTRICT – RALEIGH CO SCALE 1″ = 50′ – MAY 4, 1970,” A COPY OF WHICH MAP IS ATTACHED HERETO AND MADE A PART HEREOF AND TO WHICH REFERENCE IS MADE FOR A MORE COMPLETE DESCRIPTION OF THE PROPERTY CONVEYED HEREIN. BEING THE SAME PROPERTY CONVEYED UNTO NOLA LILLY AND JIMY LILLY, FROM CLARENCE R. WORLEY AND LOLA MARIE WORLEY, HIS WIFE, BY DEED DATED THE 2ND DAY OF APRIL, 1990, AND RECORDED IN THE OFFICE OF THE CLERK OF THE COUNTY COMMISSION OF RALEIGH COUNTY, WEST VIRGINIA, IN DEED BOOK NO. 759, AT PAGE NO. 174. EXCEPTING AND RESERVING THAT CERTAIN TRACT OR PARCEL OF LAND SIUTE IN SLAB FORK DISTRICT, RALEIGH COUNTY, WEST VIRGINIA, AND BEING A PART OF LOT 3 OF GASTON HARGIS PROPERTY IN COAL CITY, AND BEING MORE PARTICUARLY BOUNDED AND DESCRIBED AS FOLLOWS: BEGINNING AT A HUB (CALLED FOR), AT THE NORTHERN RIGHT OF WAY OF THE STREET BEING THE COMMON CORNER OF LOTS. NO. 1 & 3, THENCE WITH THE RIGHT OF WAY OF THE SAID STREET (BEING THE LOT LINE OF LOT NO. 3); S 89 f30′ 00″ W 20.05′ TO A POINT, A NEW CORNER, THENCE LEAVING THE RIGHT OF WAY OF THE SAID STREET, AND WITH A NEW LINE THROUGH LOT NO. 3; N 03 f 30′ 00″ E 215.04′ TO A POINT, A NEW CORNER, AT THE NORTHERN LOT LINE OF LOT NO. 3, THENCE WITH THE LOT LINE OF LOT NO. 3; N 79 f 36′ 00″ E 20.60″ TO A HUB (CALLED FOR) BEING THE COMMON CORNER OF LOTS NO. 2 & 3, THENCE WITH THE COMMON LOT LINE OF LOTS NO. 2 & 3; S 03 f 30′ 00″ W 88.50′ TO A PIPE (CALLED FOR), BEING A COMMON CORNER OF LOTS NO. 1 & 2, AT THE LOT LINE OF LOT. NO. 3, THENCE WITH THE COMMON LINE OF LOTS NO. 1 & 3; S 03 f 30′ 00″ W 130.09″ TO THE POINT OF BEGINNING, CONTAINING 4,336.29 SQ FT OR 0.0995 ACRES, MORE OR LESS. A STRIP OF LAND BEIG THE EASTERN 20.00′ OF LOT NO. 3, ALONG THE LINE OF LOTS NO. 1 & 2. BEING THE SAME PROPERTY CONVEYED ARLIE D. GREEN AND FRANCES GREEN, HUSBAND AND WIFE, FROM HOLA LILLY AND JIMMY LILLY, HER HUSBAND, BY DEED DATED THE 14TH DAY OF JULY, 2005, AND RECORDED IN THE OFFICE OF THE CLERK OF THE COUNTY COMMISSION OF RALEIGH COUNTY, WEST VIRGINIA, IN DEED BOOK NO. 5014, AT PAGE NO. 2144. At the time of the execution of the Deed of Trust, this property was reported to have an address of: 200 Hungate Road, Coal City, WV 25823. 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: $5,000.00 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. 44124 7-25-MON-2-RH; 4288