010092114 June 6, 13
TRUSTEE’ S SALE OF VALUABLE REAL ESTATE
The undersigned Substitute Trustee, by virtue of the authority vested in him by that certain Deed of Trust, dated June 20, 2008, and duly recorded in the Office of the Clerk of the County Commission of Preston County, West Virginia, in Document No. 92685, in Book No. 457, at Page 778, Kimberly D. Whitehair and John K. Whitehair, Jr. did convey unto George M. Schoen, Trustee, certain real property described in said Deed of Trust; and the beneficiary has elected to appoint Seneca Trustees, Inc., as Substitute Trustee by a Substitution of Trustee dated May 12, 2016 and recorded in the aforesaid Clerk’ s office; and default having been made under the aforementioned Deed of Trust, and the undersigned Substitute Trustee having been instructed by FEDERAL NATIONAL MORTGAGE ASSOCIATION to foreclose thereunder, will offer for sale at public auction at the front door of the Preston County Courthouse in Kingwood, West Virginia, on
June 24, 2016 at 10:30 AM
the following described real estate, together with its improvements, easements and appurtenances thereunto belonging, situate in Terra Alta Corp District, Preston County, West Virginia, and more particularly described as follows:
THE LAND REFERRED TO IN THIS EXHIBIT IS LOCATED IN THE COUNTY OF PRESTON AND THE STATE OF WEST VIRGINIA IN DEED BOOK 589 AT PAGE 09 AND DESCRIBED AS FOLLOWS: BEING LOT NO. 16 IN BLOCK G, SITUATE IN THE ELLIOTT ADDITION TO THE TOWN OF TERRA ALTA, PRESTON COUNTY, WEST VIRGINIA AND BEING MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS: BEGINNING AT THE JUNCTION OF CALDWELL AVENUE AND CARROLL STREET IN MANY MAPLES; THENCE WITH CARROLL STREET 150 FEET TO MAPLE ALLEY; THENCE WITH MAPLE ALLEY 50 FEET TO A STAKE, THE SOUTHWESTERN CORNER OF LOT NO. 15; THENCE WITH LOT NO. 15 150 FEET TO CALDWELL AVENUE; THENCE WITH CALDWELL AVENUE 50 FEET TO THE BEGINNING, CONTAINING 7,500 SQUARE FEET, MORE OR LESS BEING THE SAME PROPERTY DESCRIBED IN DEED TO JOHN K. WHITEHAIR, JR. AND KIMBERLY D. WHITEHAIR, HUSBAND AND WIFE, JOINTLY AS JOINT TENANTS WITH THE RIGHTS OF SURVIVORSHIP TO THE SURVIVOR, AND NOT AS TENANTS IN COMMON FROM JOHN K. WHITEHAIR, SR. AND NORMA WHITEHAIR, HIS WIFE RECORDED ON DECEMBER 18, 1995 IN DEED BOOK 589, AT PAGE 09, PRESTON COUNTY, WEST VIRGINIA.
At the time of the execution of the Deed of Trust, this property was reported to have an address of: 201 Caldwell St, Terra Alta, WV 26764.
The referenced real estate will be conveyed with no covenants of warranty, and subject to all covenants, restrictions, easements, rights of way and reservations which may be a matter of record in the aforesaid Clerk’ s Office or visible upon the ground, all prior liens and encumbrances, including, without limitation, liens for real estate taxes, incinerator, sanitary and sewer charges. The purchasers at the sale shall be responsible for paying the recording costs and also the tax on the privilege of transferring real property (the cost of the tax stamp to be affixed to the deed). The purchasers shall be responsible for payment of all real estate taxes.
The subject property will be sold in "AS IS" condition. The Substitute Trustee shall be under no duty to cause any existing tenant or person occupying the subject property to vacate said property.
TERMS: $8,000.00 in cash and/or certified funds as deposit with the balance due and payable within 30 days of the day of sale.
FEDERAL TAX LIEN: In the event that there are Federal Tax Liens against the property, the United States would have the right to redeem the property within a period of 120 days from the date of such sale or the period allowable for redemption under local law, whichever is longer.
Pursuant to the Deed of Trust, the Trustee may postpone the sale by public announcement at the time and place designated or by posting a notice of the same, and act by agent in the execution of the sale. The parties secured by the Deed of Trust reserve the right to purchase the property at such sale.
SENECA TRUSTEES, INC.
5000 Coombs Farm Drive, Suite 104
Morgantown, WV 26508
(304) 413-0044
(304) 292-2918
Toll free: (888) 534-3132
Reference File No. 10361