NOTICE OF SUBSTITUTE TRUSTEE SALE 1440 Westover Avenue, Norfolk, VA 23507 By virtue of the …

NOTICE OF SUBSTITUTE TRUSTEE SALE 1440 Westover Avenue, Norfolk, VA 23507 By virtue of the power and authority contained in a Deed of Trust dated December 4, 2008, and recorded at Instrument Number 080032514 in the Clerk's Office for the Circuit Court for Norfolk City, VA, securing a loan which was originally $555,000.00. The appointed SUBSTITUTE TRUSTEE, Commonwealth Trustees, LLC will offer for sale at public auction at the front steps of the Circuit Court for the City of Norfolk, Virginia, 150 St. Paul's Blvd., Norfolk, VA 23510 on: February 13, 2018 at 11:30 AM improved real property, with an abbreviated legal description of All that certain lot, piece or parcel of land located in the City of Norfolk, State of Virginia, with the buildings and improvements thereon, known according to the present system of numbering in the said City as 1440 Westover Avenue, and known, numbered and designated as the Northern Eleven (11) feet of Lot No. Twenty (20) and the Southern Twenty-One (21) feet to Lot No. Twenty-One (21), in Block No. Twenty-One (21), Plat F of the Westover Company recorded in the Clerk's Office of the Corporation Court of the City of Norfolk, Virginia, in Map Book 3, at Page 2; the said property being more particularly bounded and described as follows, to-wit: Beginning at a point on the eastern line of Westover Avenue distant in a northerly direction Five-Hundred Four (504) feet from the intersection of the said eastern line of Westover Avenue with the northern line of Brandon Avenue and running from said point in a northerly direction along the said eastern line of Westover Avenue Thirty-two (32) feet; thence in an easterly direction and parallel with the northern line of Lot No. Twenty-one (21) in said Block One-Hundred Ten (110) feet, more or less, to the center line of said Block; thence in a southerly direction along the center line of said Block Thirty-two (32) feet; thence in a westerly direction and parallel with the southern line of Lot No. Twenty (20) said Block One Hundred Ten (110) feet, more or less, to the point of beginning, and as more fully described in the aforesaid Deed of Trust. TERMS OF SALE: The property will be sold "AS IS," WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND AND SUBJECT TO conditions, restrictions, reservations, easements, rights of way, and all other matters of record taking priority over the Deed of Trust to be announced at the time of sale. A deposit of $20,000.00, or 10% of the sale price, whichever is lower, in cash or cashier's check payable to the SUBSTITUTE TRUSTEE will be required at the time of sale. The balance of the purchase price, with interest at the rate contained in the Deed of Trust Note from the date of sale to the date said funds are received in the office of the SUBSTITUTE TRUSTEE, will be due within fifteen (15) days of sale. In the event of default by the successful bidder, the entire deposit shall be forfeited and applied to the costs and expenses of sale and Substitute Trustee's fee. All other public charges or assessments, including water/sewer charges, whether incurred prior to or after the sale, and all other costs incident to settlement to be paid by the purchaser. In the event taxes, any other public charges have been advanced, a credit will be due to the seller, to be adjusted from the date of sale at the time of settlement. Purchaser agrees to pay the seller's attorneys at settlement, a fee of $445.00 for review of the settlement documents. Additional terms will be announced at the time of sale and the successful bidder will be required to execute and deliver to the Substitute Trustees a memorandum or contract of the sale at the conclusion of bidding. FOR INFORMATION CONTACT: Rosenberg & Associates, LLC (Attorney for the Secured Party) 4340 East West Highway, Suite 600 Bethesda, MD 20814 301-907-8000 www.rosenberg-assoc.com VP 25590221A

Appeared in: 
The Virginian-Pilot
Published - The Virginian-Pilot : 01/12/2018