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NOTICE OF TRUSTEE'S SALE OF PROPERTY 1000 Scenic Boulevard, Chesapeake, VA 23322 (Tax Map

The Virginian-Pilot
Inside Business

NOTICE OF TRUSTEE'S SALE OF PROPERTY 1000 Scenic Boulevard, Chesapeake, VA 23322 (Tax Map No. 0590000000670) In execution of a Deed of Trust dated April 11, 2008 in the original principal amount of $74,000 and recorded in Deed Book 7458 at page 25 in the Clerk's Office of the Circuit Court for the City of Chesapeake, Virginia, the undersigned, Robert M. Reed, Trustee, will offer for sale at public auction at the front door of the Courthouse for the City of Chesapeake, Virginia, 307 Albemarle Drive, Chesapeake, VA 23322, on the 8th day of June, 2018, at 10:00 a.m., certain property described in said deed of trust lying in the City of Chesapeake, Virginia, commonly known as 1000 Scenic Boulevard, and more particularly described in the aforementioned deed of trust. As provided in the deed of trust and pursuant to the provisions of applicable law, the undersigned Trustee may exercise all of the powers, rights, authority, and duties granted in the deed of trust. TERMS: Cash. A bidder's deposit of up to ten percent (10%) of the bid amount may be required in cash or certified funds at the time of the sale. Additional terms and conditions may be announced at the sale. Closing shall occur at the office of the Trustee within ten (10) days of the date of the sale, at which time the balance of the purchase price will be due and payable in immediately available funds. The property will be sold "AS IS" and will be conveyed by special warranty deed, subject to all liens, objections, rights, reservations, leases, covenants, conditions, easements, and restrictions superior to the lien of the deed of trust as they may lawfully affect the property. Neither the Trustee nor the holder of the note secured by the deed of trust will deliver possession of the property to the successful bidder. The purchaser at the sale will be required to pay all closing costs except the grantor's tax. Real estate ad valorem taxes will be prorated as of the date of closing. For information contact ROBERT M. REED, Trustee, 555 Main Street, Suite 1400, Norfolk, VA 23510, or (757) 625-1214. 25666978A

Appeared in: Inside Business

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