Details for NOTICE OF FORECLOSURE SALE NORTH CAROLINA, WILKES COUNTY 20 SP

Updated

NOTICE OF FORECLOSURE SALE

NORTH CAROLINA,

WILKES COUNTY

20 SP 102

Under and by virtue of a Power of Sale contained in that certain Deed of Trust executed by Charles Willis and Nellie S. Minton dated December 30, 2002 recorded on December 30, 2002 in Book 0900, Page 0229 of the Wilkes County Public Registry (“Deed of Trust”), conveying certain real property in Wilkes County to Thomas C. Flippin, Trustee, for the benefit of Christal Cox Neaves.

Default having been made of the note thereby secured by the said Deed of Trust and the undersigned, having been substituted as Trustee in said Deed of Trust, and the holder of the note evidencing said default having directed that the Deed of Trust be foreclosed, the undersigned Substitute Trustee will offer for sale at the courthouse door of the county courthouse where the property is located, or the usual and customary location at the county courthouse for conducting the sale on January 21, 2021 at 11:00 AM, and will sell to the highest bidder for cash the following described property situated in Wilkes County, North Carolina, to wit: BEGINNING at a point in the center line of “Annie Sophia Lane”, a 10' paved private road. Said beginning point being located North 29 degrees 07' 57” East 442.62 feet from a 5/8” rebar found. Thence from said beginning point North 29 degrees 07' 57” East 25 feet to a control monument set; Thence North 29 degrees 07' 57” East 247.14 feet to a control monument set; thence South 81 degrees 27' 12” East 341.43 feet to a 5/8” rebar found; thence South 17 degrees 32' 28” East 98.49 feet to a 5/8” rebar set; thence South 17 degrees 32' 28” East 458.73 feet to a 5/8” rebar set; thence South 17 degrees 32' 28” East 36.12 feet to a planted stone; thence South 12 degrees 55' 49” West, crossing over a planted stone at 30.0 feet and a 5/8” rebar found at 183.64 feet, a total distance of 323.92 feet to a 32” white oak on east bank of creek; thence South 47 degrees 49' 32” West 147.65 feet to a point in a creek; thence the following (4) four courses and distances in the center of the creek, (1) South 87 degrees 21' 07” West 33.81 feet to a point; (2) North 52 degrees 25' 46” West 86.88 feet to a point; (3) North 70 degrees 11' 00” West 38.42 feet to a point; (4) North 87 degrees 34' 19” West 57.12 feet to a mag nail set at the intersection of the creek and “Annie Sophia Lane”; thence the following (8) eight courses and distances along “ Annie Sophia Lane”, (1) North 13 degrees 45' 13” East 182.42 feet to a point; (2) North 09 degrees 20' 19” East 246.41 feet to a point; (3) North 07 degrees 35' 13” East 25.23 feet to a point; (4) North 07 degrees 35' 13” East 58.38 feet to a point; (5) North 03 degrees 02' 40” West 78.63 feet to a point; (6) North 51 degrees 51' 43” West 18.15 feet to a point; (7) North 51 degrees 51' 43” West 144.97 feet to a point; (8) North 73 degrees 20' 17” West 230.64 feet to the point and place of beginning, containing 7.026 acres, more or less, as surveyed by Rex Walker of Big Eagle Surveying, in a survey dated 7/05/02. This being a portion of Lot 8, Section III of the Woodies on the Bugaboo Subdivision as shown in Plat Book 9, Page 348 of the Wilkes County Registry. Save and except any releases, deeds of release or prior conveyances of record. Said property is commonly known as 842 Annie Sophia Lane, Roaring River, NC 28669; tax parcel 0606031. A cash deposit (no personal checks) of five percent (5%) of the purchase price, or Seven Hundred Fifty Dollars ($750.00), whichever is greater, payable to Bell Carrington Price & Gregg, PLLC, will be required at the time of the sale. Following the expiration of the statutory upset bid period, all the remaining amounts are immediately due and owing. Pursuant to N.C. Gen. Stat. § 45-21.30, if the highest bidder at the sale, resale, or any upset bidder fails to comply with its bid upon the tender of a deed for the real property, or after a bona fide attempt to tender such a deed, the clerk of superior court may, upon motion, enter an order authorizing a resale of the real property. The defaulting bidder at any sale or resale or any defaulting upset bidder is liable for the bid made, and in case a resale is had because of such default, shall remain liable to the extent that the final sale price is less than the bid plus all the costs of any resale. Any deposit or compliance bond made by the defaulting bidder shall secure payment of the amount, if any, for which the defaulting bidder remains liable under N.C. Gen. Stat. § 45-21.30. Third party purchasers must pay the excise tax and THE RECORDING COSTS FOR THEIR DEED. Said property to be offered pursuant to this Notice of Sale is being offered for sale, transfer and conveyance “AS IS WHERE IS.” There are no representations of warranty relating to the title or any physical, environmental, health or safety conditions existing in, on, at, or relating to the property being offered for sale. This sale is made subject to any and all superior liens, including taxes and special assessments. To the best of the knowledge and belief of the undersigned, the current owner(s) of the property is/are Charles Willis and Nellie S. Minton. An Order for possession of the property may be issued pursuant to N.C. Gen. Stat. § 45-21.29, in favor of the purchaser and against the party or parties by the clerk of superior court of the county in which the property is sold. Any person who occupies the property pursuant to a rental agreement entered into or renewed on or after October 1, 2007, may, after receiving the notice of sale, terminate the rental agreement by providing written notice of termination to the landlord, to be effective on a date stated in the notice that is at least 10 days, but no more than 90 days, after the sale date contained in the notice of sale, provided that the mortgagor has not cured the default at the time the tenant provides the notice of termination. The notice shall also state that upon termination of a rental agreement, the tenant is liable for rent due under the rental agreement prorated to the effective date of the termination [N.C. Gen. Stat. § 45-21.16(b)(2)]. Upon termination of a rental agreement, the tenant is liable for rent due under the rental agreement prorated to the effective date of the termination. If the trustee is unable to convey title to this property for any reason, the sole remedy of the purchaser is the return of the deposit. Reasons of such inability to convey include, but are not limited to, the filing of a bankruptcy petition prior to the confirmation of the sale and reinstatement of the loan without the knowledge of the trustee. If the validity of the sale is challenged by any party, the trustee, in their sole discretion, if they believe the challenge to have merit, may request the court to declare the sale to be void and return the deposit. The purchaser will have no further remedy.

Cape Fear Trustee Services, LLC, Substitute Trustee

Attorney

W. Harris, NCSB No. 48633

5550 77 Center Drive, Suite 100

Charlotte, NC 28217

PHONE: 980-201-3840

File No.: 20-44813

January 6, & 13, 2021

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