IN EXECUTION of Deed of Trust dated January 3, 2003, made by Joseph J. Patterson, recorded in the County of Prince Edward Circuit Court Clerk's Office as Instrument Number 200300350, securing Note in original principal amount of $78,326.11, default having been made in payment of debt thereby secured, and at request of beneficiary thereunder, the undersigned, will offer for sale at public auction to the highest bidder, for cash, at the front door of the County of Prince Edward Circuit Court, 111 South Street, Farmville, Vir-ginia, on August 25, 2010 at 2:00 p.m., the properties con-veyed in said Deed of Trust and briefly described as follows:

ALL THAT CERTAIN TRACT or parcel of land, lying and be-ing in Prospect Magisterial Dis-trict, Prince Edward County, Virginia, and bounded as fol-lows: BEGINNING at a point where the tract hereby conveyed points on Lula Taylor and the plantation road, leading from Lula Taylor's to the public road, being the old Prospect-Farmville public road; thence in a South-westerly direction 140 steps along the line of Lula Taylor to a Pine Tree; thence in a north-westerly direction 140 steps along the line of Lula Taylor to a Pine Tree; thence in a north-westerly direction 150 steps to a pile of rocks where Edward Brown corners on the tract hereby conveyed; thence in a northeasterly direction 136 steps along the line now or for-merly of J. H. Clay and Ivory Taylor; thence up the said road in the direction of Lula Taylor along the said road first above mentioned to a pine stump be-ing the place being the place of beginning. The said tract con-tains four acres, more or less but is the same however, so much more or less, the markers herein set out are the true boundaries, and same is sold in the gross; within the said boundaries.

TERMS OF SALE: CASH. Property is being sold “AS IS”, without any representations or warranties, SUBJECT to the rights of any person in posses-sion and to all covenants, condi-tions, restrictions, easements, defects, encumbrances, adverse claims, or liens, whether filed or inchoate, which have priority over the Deed of Trust.

Deposit of 10% cash, certified or cashier's check, will be re-quired of successful bidder im-mediately after sale; settlement must be within 10 days from date of sale, TIME BEING OF THE ESSENCE, or property to be resold at cost to defaulting purchaser, and Trustee shall be entitled to recover from default-ing purchaser any deficiency resulting from resale. All costs of conveyancing, examination of title, recording and settlement charges, grantor's taxes, etc. to be at cost of purchaser. Note-holder reserves the right to bid and trustee reserves right to reject any bids, keep bidding open for any length of time, waive deposit requirements, ex-tend time for settlement, an-nounce additional terms of sale and cancel or rescind sale solely at trustee's discretion.

THIS NOTICE IS AN AT-TEMPT TO COLLECT A DEBT AND ANY INFORMATION OB-TAINED WILL BE USED FOR THAT PURPOSE.

McKenry, Dancigers,

Dawson & Lake, P.C.

Substitute Trustee

FOR INFORMATION CONTACT:

Angela Flores

192 Ballard Court, Suite 400

Virginia Beach, Virginia 23462

(757) 461-2500

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