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The Virginian-Pilot
Inside Business

BWW#VA-207800 TRUSTEE'S SALE OF 2128 IOWA STREET, CHESAPEAKE, VA 23323-4503. In execution of a certain Deed of Trust dated March 26, 2007, in the original principal amount of $100,000.00 recorded in the Clerk's Office, Circuit Court for Chesapeake City, Virginia, in Book 7024 at Page 522 as Instrument No. 070015341 . The undersigned Substitute Trustee will offer for sale at public auction in the front of the Circuit Court building for the City of Chesapeake, 307 Albemarle Drive, Chesapeake, VA on July 17, 2018 , at 3:30 PM, the property described in said Deed of Trust, located at the above address, and more particularly described as follows: LAND REFERRED TO IN THIS COMMITMENT IS DESCRIBED AS ALL THAT CERTAIN PROPERTY SITUATED IN CITY OF CHESAPEAKE IN THE COUNTY OF CHESAPEAKE CITY, AND STATE OF VA AND BEING DESCRIBED IN A DEED DATED 12/28/1990 AND RECORDED 01/02/1991 IN BOOK 2626 PAGE 864 AMONG THE LAND RECORDS OF THE COUNTY AND STATE SET FORTH ABOVE. AND REFERENCED AS FOLLOWS: THE FOLLOWING DESCRIBED PROPERTY, TO-WIT: ALL THAT CERTAIN LOT PIECE OR PARCEL OF LAND, WITH THE BUILDINGS AND IMPROVEMENTS THEREON NUMBERED 2128 WEST IOWA STREET, SITUATE, LYING AND BEING IN THE CITY OF CHESAPEAKE. VIRGINIA. BEING KNOWN, NUMBERED AND DESIGNATED AS LOT 54 ON THE PLAT ENTITLED CORRECTED AND AMENDED PLAT OF BROADMOOR WHICH SAID PLAT IS DULY RECORDED IN THE CLERKS OFFICE OF THE CIRCUIT COURT OF THE CITY OF CHESAPEAKE VIRGINIA, IN MAP BOOK 26 AT PAGE 4. TERMS OF SALE: ALL CASH. A bidder's deposit of ten percent (10%) of the sale price or ten percent (10%) of the original principal balance of the subject Deed of Trust, whichever is lower, in the form of cash or certified funds payable to the Substitute Trustee must be present at the time of the sale. The balance of the purchase price will be due within fifteen (15) days of sale, otherwise Purchaser's deposit may be forfeited to Trustee. Time is of the essence. If the sale is set aside for any reason, the Purchaser at the sale shall be entitled to a return of the deposit paid. The Purchaser may, if provided by the terms of the Trustee's Memorandum of Foreclosure Sale, be entitled to a $50 cancellation fee from the Substitute Trustee, but shall have no further recourse against the Mortgagor, the Mortgagee or the Mortgagee's attorney. Additional terms to be announced at the sale. A form copy of the Trustee's memorandum of foreclosure sale and contract to purchase real property is available for viewing at www.bwwsales.com. This is a communication from a debt collector and any information obtained will be used for that purpose. The sale is subject to seller confirmation. Substitute Trustee: Equity Trustees, LLC, 2101 Wilson Blvd., Suite 1004, Arlington, VA 22201. For more information contact: BWW Law Group, LLC, attorneys for Equity Trustees, LLC, 6003 Executive Blvd, Suite 101, Rockville, MD 20852, 301-961-6555, website: www.bwwsales.com. VA-207800-1. 25674016A

Appeared in: Inside Business

Published: Inside Business - 06/11/2018, 06/18/2018