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BWW#VA-324681 TRUSTEE'S SALE OF 500 HENDERSON STREET, PORTSMOUTH, VA 23701. In execution

The Virginian-Pilot
Inside Business

BWW#VA-324681 TRUSTEE'S SALE OF 500 HENDERSON STREET, PORTSMOUTH, VA 23701. In execution of a certain Deed of Trust dated March 14, 2011, in the original principal amount of $172,500.00 recorded in the Clerk's Office, Circuit Court for Portsmouth City, Virginia as Instrument No. 110002654 . The undersigned Substitute Trustee will offer for sale at public auction in the front of the City of Portsmouth Judicial Center, 1345 Court Street, Portsmouth, Virginia on July 3, 2018 , at 12:30 PM, the property described in said Deed of Trust, located at the above address, and more particularly described as follows: ALL THAT CERTAIN LOT, PIECE OR PARCEL OF LAND, WITH THE BUILDINGS AND IMPROVEMENTS THEREON, SITUATE IN DEEP CREEK MAGISTERIAL DISTRICT OF NORFOLK COUNTY, VIRGINIA (NOW LOCATED IN THE CITY OF PORTSMOUTH, VIRGINIA), AND KNOWN, NUMBERED AND DESIGNATED AS LOT NUMBERED 1, IN BLOCK L, AS IS SHOWN ON A CERTAIN PLAT ENTITLED "SUBDIVISION OF CAVALIER MANOR - SECTION II, DEEP CREEK MAGISTERIAL DISTRICT, NORFOLK COUNTY, VIRGINIA", DATED DECEMBER 30, 1956 MADE BY FRANK D. TARRALL, SR. AND ASSOCIATES, SURVEYORS AND ENGINEERS, WHICH SAID PLAT IS DULY RECORDED IN THE CLERK`S OFFICE OF THE CIRCUIT COURT OF NORFOLK COUNTY, VIRGINIA IN MAP BOOK 39, PAGE 97, TO WHICH PLAT REFERENCE IS HEREBY MADE FOR A MORE PARTICULAR DESCRIPTION OF SAID PROPERTY. 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-324681-1. 25648872A

Appeared in: Inside Business

Published: Inside Business - 05/28/2018, 06/04/2018