Published 2:53 pm Tuesday, February 28, 2012
In execution of a Deed of Trust from Wilford Thompson Coates dated June 6, 2008 and recorded in the Clerk's Office, Circuit Court, County of Buckingham, Virginia, in Deed Book 363, at page 003, securing a loan which was originally $262,500.00. Default having occurred in the payment of the Note thereby secured, and at the request of the holder of said Note, the undersigned Substitute Trustees will offer for sale at public auction at the County of Buckingham Circuit Courthouse, Highway 60, the main entrance, Buckingham Virginia on March 13, 2012 at 12:00 PM, the property described in said Deed of Trust, located at the above address and briefly described as: Marshall District of Buckingham County, containing 0.631 acres, as shown on plat of survey by Corso Design Group, LTD., dated December 1, 1995 and entitled, “Physical Survey of 0.631 acres situated in the Marshall District of Buckingham County, Virginia”. Tax ID/PIN: 42-92
The property will be conveyed by Special Warranty Deed, subject to all existing easements, restrictions and any other conditions that may affect title to the property. The Noteholder reserves the right to bid at the said sale.
TERMS: CASH: A bidder's deposit of $20,000.00, cash or certified check, will be required at the time of sale with the settlement and full payment of the purchase price within (15) fifteen days from the date of the sale. Additional terms will be announced at the time of sale and the successful bidder will be required to execute and deliver to the Substitute Trustee a memorandum or contract of the sale at the conclusion of bidding.
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This notice is an attempt to collect on a debt and any information obtained will be used for that purpose. Loan Type: FHA
For Information Contact:
Between 8 – 11 AM
Nectar Projects, Inc. –
P.O. Box 2848
Purcellville VA 20134