Published 2:34 pm Tuesday, January 3, 2012
IN EXECUTION of Deed of Trust dated July 11, 2006, made by Dorothy N. Dabney, recorded in the County of Buckingham Circuit Court Clerk's Office in Deed Book 332 at Page 622, securing Note in original principal amount of $68,634.15, 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 January 13, 2012 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 AND APPURTENANCES THEREUNTO BELONGING, SITUATED IN JAMES RIVER MAGISTERIAL DISTRICT OF BUCKINGHAM COUNTY, VIRGINIA, CONTAINING FIVE AND EIGHTY-THREE/HUNDREDTHS (5.83) ACRES, MORE OR LESS, SAID LANDS LYING ON BOTH SIDES OF VSR # 663 AND BEING BOUNDED ON THE EAST BY THE LANDS NOW OR FORMERLY OF ALLEN AND THE RESIDUE OF THE LANDS OF MASSIE, ON THE NORTHEAST BY THE LANDS OF WILSON, ET AL., ON THE WEST BY LANDS NOW OR FORMERLY OF CHARLES MOSLEY, AND ON THE SOUTH BY LANDS NOW OR FORMERLY OWNED BY THE UNITED STATES OF AMERICA, ACTING THROUGH THE FARMERS HOME ADMINISTRATION AND THE LANDS NOW OR FORMERLY OF JONES; SAID LANDS BEING MORE PARTICULARLY DESCRIBED BY THE METES AND BOUNDS OF A PLAT OF SURVEY BY CARROLL GILLISPIE, C.L.S. DATED SEPTEMBER 21, 1986 FOUND RECORDED ALONG WITH A DEED IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT OF BUCKINGHAM COUNTY, VIRGINIA IN DEED BOOK 152 AT PAGE 402. REFERENCE IS HEREBY MADE TO SAID PLAT FOR A MORE ACCURATE DESCRIPTION.
TAX ID NO.: 92-16
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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.
McKenry, Dancigers, Dawson & Lake, P.C.
For Information Contact:
192 Ballard Court, Suite 400
Virginia Beach, Virginia 23462