BWW#VA-327718 TRUSTEE'S SALE OF 1917 GRAND BAY DRIVE, VIRGINIA BEACH, VA 23456.
BWW#VA-327718 TRUSTEE'S SALE OF 1917 GRAND BAY DRIVE, VIRGINIA BEACH, VA 23456. In execution of a certain Deed of Trust dated January 22, 2010, in the original principal amount of $262,500.00 recorded in the Clerk's Office, Circuit Court for Virginia Beach City, Virginia as Instrument No. 20100128000092870 . The undersigned Substitute Trustee will offer for sale at public auction in the front of the Circuit Court building for the City of Virginia Beach, 2425 Nimmo Parkway, Municipal Center, Building #10, Virginia Beach, Virginia on July 3, 2018 , at 2:00 PM, the property described in said Deed of Trust, located at the above address, and more particularly described as follows: THAT CERTAIN CONDOMINIUM UNIT KNOWN AS "UNIT 1917, PHASE 1" IN GRAND BAY CONDOMINIUM, LOCATED IN THE CITY OF VIRGINIA BEACH, VIRGINIA, AND AS FURTHER DESIGNATED AND DESCRIBED IN THAT CERTAIN DECLARATION ENTITLED DECLARATION OF CONDOMINIUM OF GRAND BAY CONDOMINIUM, DATED AUGUST 5, 1991, AND RECORDED AUGUST 7, 1991, IN THE CLERK`S OFFICE OF THE CIRCUIT COURT OF THE CITY OF VIRGINIA BEACH, VIRGINIA IN DEED BOOK 3008 AT PAGE 630, AS AMENDED, (HEREINAFTER REFERRED TO AS THE "DECLARATION") TOGETHER WITH AN UNDIVIDED INTEREST IN CERTAIN COMMON ELEMENTS, ALL AS MORE PARTICULARLY DESCRIBED IN THE DECLARATION. 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-327718-1. 25652620A