Published 2:54 pm Tuesday, July 12, 2011
IN EXECUTION of Deed of Trust dated June 18, 2007, made by Athel Matthew Ballowe and Vicki Dee Ballowe, recorded in the County of Buckingham Circuit Court Clerk's Office in Deed Book 347 at Page 482, securing Note in original principal amount of $26,674.67, 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 Buckingham Circuit Court, 13061 W. James Anderson Hwy., Buckingham, Virginia, on July 21, 2011 at 2:00 p.m., the properties conveyed in said Deed of Trust and briefly described as follows:
All that certain tract or parcel of land, with improvements thereon, lying and being situate in the Slate River Magisterial District of Buckingham County, Virginia. containing 6.448 acres according to the hereinafter described plat of survey, situated on the western side of an adjoining Virginia State Highway No. 678, and situated near but not at the Intersection of said Virginia state Highway No. 618 and Virginia State Highway No. 20 at Centenary, being a “part of Parcel 123” according to said plat of survey, and being shown and being described by metes and bounds on said certain plat of survey, dated February 16, 1988, made by Robert L. Lum, C.L.S., and which plat of survey is attached to Deed Book 151 at Page 040, is made a part hereof and is to be recorded herewith.
LESS AND EXCEPT that portion of property containing 5,158 acres having been conveyed to Ogla H. Batista by deed dated November 2, 1992 and recorded November 16, 1992 in Deed Book 181, at page 329, plat of property being attached to and recorded in Deed Book 181, at page 331.
Tax Id #26-10
TERMS OF SALE: CASH. Property is being sold “AS IS”, without any representations or warranties, SUBJECT to the rights of any person in possession and to all covenants, conditions, 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 required of successful bidder immediately 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 defaulting 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. Noteholder reserves the right to bid and trustee reserves right to reject any bids, keep bidding open for any length of time, waive deposit requirements, extend time for settlement, announce additional terms of sale and cancel or rescind sale solely at trustee's discretion.
THIS NOTICE IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
Dawson & Lake, P.C.
For Information Contact:
192 Ballard Court, Suite 400
Virginia Beach, Virginia 23462