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NOTICE OF SUBSTITUTE TRUSTEE SALE 8 Starling Court, Portsmouth, VA 23703 By virtue of the

The Virginian-Pilot
Inside Business

NOTICE OF SUBSTITUTE TRUSTEE SALE 8 Starling Court, Portsmouth, VA 23703 By virtue of the power and authority contained in a Deed of Trust dated April 29, 2016, and recorded at Instrument Number 160004045 in the Clerk's Office for the Circuit Court for Portsmouth, VA, securing a loan which was originally $171,830.00. The appointed SUBSTITUTE TRUSTEE, Commonwealth Trustees, LLC will offer for sale at public auction at the fronts steps of the Circuit Court for the City of Portsmouth, 1345 Court Street, Portsmouth, Virginia 23704 on: June 19, 2018 at 12:30 PM improved real property, with an abbreviated legal description of All that certain lot, piece or parcel of land with its appurtenances, situate in the City of Portsmouth, Virginia and known, numbered and designated as Lot Forty-Six (46) on that certain Plat entitled: "Subdivision Plat of Cavalier Forest, Section 4, Portsmouth, Virginia", duly recorded in the Clerk's Office of the Circuit Court of the City of Portsmouth, Virginia, in Map Book 8, at Page 84, 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 25649468A

Appeared in: The Virginian-Pilot

Published: The Virginian-Pilot - 05/30/2018, 06/06/2018