NOTICE OF FORECLOSURE SALE
NORTH CAROLINA, WILKES COUNTY, Special Proceedings No. 18 SP 231, Substitute Trustee: Philip A. Glass
Date of Sale: April 25, 2019
Time of Sale: 10:00 a.m.
Place of Sale: Wilkes County Courthouse
Description of Property: See Attached Description
Record Owners: Jerry C. Harrold
Address of Property: 613 Harrold Mountain Road, Hays, N.C. 28635
Deed of Trust: Book 1245 Page 365
Dated: May 3, 2017
Grantors: Jerry C. Harrold
Original Beneficiary: State Employees’ Credit Union
BEING that 1.40 acre tract of land and 20-foot right of way more particularly described as follows:
A certain tract or parcel of land containing 1.40-acres, lying and being in Mulberry Township, Wilkes County, North Carolina, being approximately 1500 ft. northwest from the intersection of SR 1714 and SR 1760. Bounded on all sides by T.H. & Emma Harrold, and being more particularly described as follows:
BEGINNING on a five-eighths inch rebar set, said rebar being located South 49 deg. 00’ 00” East 193.35 feet from an existing axle, said axle being the common corner of the lands as conveyed to Rex H. Brown by deed recorded in 444 DB 157, WCR, Marshal Myers by deed recorded in 222 DB 273, WCR, Grover Chatham and T.H. & Emma Harrold; thence a new line South 72 deg. 34’ 25” East 249.73 feet to a five-eighths inch rebar set; thence South 27 deg. 21’ 06” West 249.54 feet to a five-eighths inch rebar set; thence North 73 deg. 41’ 16” West 243.98 feet to a five-eighths inch rebar set; thence North 26 deg. 05’ 52” East 253.44 feet to the point of BEGINNING, containing 1.40 acres by coordinate geometry as surveyed by Russell M. Vogel, RLS, L-3106 on March 6, 1991, and being a portion of the land as conveyed to T.H. & Emma Harrold by deeds recorded in 224 DB 501 and 460 DB 39, WCR.
Said property is commonly known as 613 Harrold Mountain, Hays; Parcel ID #: 12-03725
For reference, see 1127 DB 178, WCR and 1118 DB 180, WCR.
Property Address: 613 Harrold Mountain Rd., Hays, N.C. 28635
CONDITIONS OF SALE: Should the property be purchased by a third party, that person must pay the tax of Forty-five Cents (45¢) per One Hundred Dollars ($100.00) required by N.C.G.S. §7A-308(a)(1).
This sale is made subject to all unpaid taxes and superior liens or encumbrances of record and assessments, if any, against the said property, and any recorded leases. This sale is also subject to any applicable county land transfer tax, and the successful third party bidder shall be required to make payment for any such county land transfer tax.
A cash deposit of 5% of the purchase price will be required at the time of the sale. Any successful bidder shall be required to tender the full balance of the purchase price so bid in cash or certified check at the time the Substitute Trustee tenders to him a deed for the property or attempts to tender such deed, and should said successful bidder fail to pay the full balance purchase price so bid at that time, he shall remain liable on his bid as provided for in North Carolina General Statutes Section 45-21.30 (d) and (e). This sale will be held open ten (10) days for upset bids as required by law.
Residential real property with less than 15 rental units, including single-family residential real property: an order for possession of the property may be issued pursuant to G.S. 45-21.29 in favor of the purchaser and against the party or parties in possession 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 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 not 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. 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.
Philip A. Glass,
Nodell, Glass & Haskell, L.L.P.