NOTICE OF SALE BY PUBLIC AUCTION

Published 4:30 pm Thursday, October 28, 2010

Notice is hereby given that the Cumberland County Board of Supervisors (the “Board”) will sell real property located in, and owned by, the County of Cumberland, Virginia, at Public Auction to the highest bidder for cash starting at 1:00 P.M. on November 19, 2010, in front of the Cumberland Courthouse Building located at 1 Courthouse Circle, Cumberland, Virginia 23040.

Those persons wishing to bid at the Auction are encouraged to arrive between 12:30 P.M. and 1:00 P.M. on the day of the Auction. The properties to be auctioned are known as Brown's Voting Precinct located on John Randolph Road, Farmville, Virginia, 23901, Tax Map Parcels # 91-A-50, 0.50 acres, and 91-A-51A, 0.50 acres.

Pursuant to Virginia Code Section 15.2-1800(B), the Board has authority to sell the real property for cash to the highest bidder. Pursuant to the Resolution authorizing the sale of the property, adopted by the Board on September 14, 2010, the Board conditions any sale on (i) the removal of the building on the property within 180 days after closing and (ii) the posting of a bond or other form of security to ensure the removal of said building. The Board reserves the right to accept or reject any bid, if the Board deems that such action will benefit the public interest.

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Bidders are responsible for fully investigating the properties and understanding what they are bidding on prior to bidding. ALL PROPERTIES ARE SOLD ON AN “AS IS, WHERE IS” BASIS, AND EACH BIDDER PURCHASES AT HIS OR HER OWN RISK. All zoning, building, and real estate laws and regulations still apply to the properties, including, but not limited to, minimum lot size requirements, subdivision rules, and sewage and water requirements. NO WARRANTIES OR REPRESENTATIONS ARE MADE BY THE COUNTY OR ANY REPRESENTATIVE OF THE COUNTY AS TO ANY OF THE PROPERTIES SOLD, including, but not limited to, any warranties or representations regarding the use, usability, marketability, condition of title, boundaries, or value of any property sold, claims or liens affecting any property sold, the ability of a purchaser to obtain title insurance on any property sold, the availability of water, utilities, irrigation, sewers, access, ingress or egress, street or road improvements or maintenance, zoning, suitability for building, flood plain status, or any physical or environmental characteristics relating to the property. Title insurance companies may require a quiet title action prior to issuing title insurance on any of the properties sold.

All sales are final upon acceptance of the final bid by the Board. Successful bidders are required to pay for the properties purchased in full on the day of the sale. Acceptable forms of payment are cash, cashier's check, or money order for the full bid amount. If any bidder fails to pay the required amount on the day of the sale, such failure will be forwarded to the Board and the County Attorney's Office to pursue all legal action thereon available to the County. No refunds will be made.

Questions regarding this sale should be directed to the County Administrator, P. O. Box 110, Cumberland, Virginia 23040, Telephone number (804) 492-3625.

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