Details for NOTICE OF SALE (5/22)

NOTICE OF SALE

IN THE GENERAL COURT OF JUSTICE

OF NORTH CAROLINA

SUPERIOR COURT DIVISION

WARREN COUNTY

18SP5

IN THE MATTER OF THE FORECLOSURE OF A DEED OF TRUST EXECUTED BY JOHN D. FARMER, SR. AND JEAN S. FARMER DATED OCTOBER 2, 2012 AND RECORDED IN BOOK 940 AT PAGE 333 IN THE WARREN COUNTY PUBLIC REGISTRY, NORTH CAROLINA

NOTICE OF SALE

Under and by virtue of the power and authority contained in the above-referenced deed of trust and because of default in the payment of the secured indebtedness and failure to perform the stipulation and agreements therein contained and, pursuant to demand of the owner and holder of the secured debt, the undersigned substitute trustee will expose for sale at public auction to the highest bidder for cash at the usual place of sale at the county courthouse of said county at 2:00PM on May 28, 2019 the following described real estate and any other improvements which may be situated thereon, in Warren County, North Carolina, and being more particularly described as follows:

All that certain lot or parcel of land situate in Roanoke Township, Warren County, North Carolina, containing 0.86 of an acre, more or less, being shown as Lot 83 on a plat made by James E. Nash, LS, dated June 11, 2007, which plat is attached hereto, made a part hereof and is to be recorded herewith, and being shown on said plat as bounded on the northwest by Tall Tree Drive; on the northeast by Big Oak Court; on the southeast by Lot 82, and on the southwest by VEPCO Lake Gaston, and Lot 84; and being in all respects the same property conveyed unto Marvin W. Clipp and wife, Cornelia G. Clipp by deed of Kenneth T. Sickinger and wife, Lynn E. Sickinger dated October 31, 1989 and recorded in the office of Register of Deeds of Warren County in Book 511 page 189 and also being the identical property conveyed to Glenn E. Barbour at Deed Book 851, page 3 7, Warren County Public Registry.

And Being more commonly known as: 176 Tall Tree Dr, Littleton, NC 27850

The record owner(s) of the property, as reflected on the records of the Register of Deeds, is/are John D. Farmer and Jean S. Farmer.

The property to be offered pursuant to this notice of sale is being offered for sale, transfer and conveyance "AS IS, WHERE IS." Neither the Trustee nor the holder of the note secured by the deed of trust, being foreclosed, nor the officers, directors, attorneys, employees, agents or authorized representative of either Trustee or the holder of the note make any representation or 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. Any and all responsibilities or liabilities arising out of or in any way relating to any such condition expressly are disclaimed. This sale is made subject to all prior liens and encumbrances, and unpaid taxes and assessments including but not limited to any transfer tax associated with the foreclosure. A deposit of five percent (5%) of the amount of the bid or seven hundred fifty dollars ($750.00), whichever is greater, is required and must be tendered in the form of certified funds at the time of the sale. This sale will be held open ten days for upset bids as required by law. Following the expiration of the statutory upset period, all remaining amounts are IMMEDIATELY DUE AND OWING. Failure to remit funds in a timely manner will result in a Declaration of Default and any deposit will be frozen pending the outcome of any re-sale. If the sale is set aside for any reason, the Purchaser at the sale shall be entitled only to a return of the deposit paid.  The Purchaser shall have no further recourse against the Mortgagor, the Mortgagee, the Substitute Trustee or the attorney of any of the foregoing.

SPECIAL NOTICE FOR LEASEHOLD TENANTS: If you are a tenant residing in the property, be advised that an Order for Possession of the property may be issued in favor of the purchaser. Also, if your lease began or was renewed on or after October 1, 2007, be advised that you may terminate the rental agreement upon written notice 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 notice of termination is provided. You may be liable for rent due under the agreement prorated to the effective date of the termination.

The date of this Notice is May 7, 2019.

Grady I. Ingle or Elizabeth B. Ells

Substitute Trustee

10130 Perimeter Parkway, Suite 400
Charlotte, NC 28216

(704) 333-8107

http://shapiroattorneys.com/nc/

18-097622

(CHG 5/15, 22)

Categories