NOTICE OF SUBSTITUTE TRUSTEE SALE

400 Madison Street, Unit: 806,

Alexandria, VA 22314

By virtue of the power and authority contained in a Deed of Trust dated July 22, 2003, and recorded at July 25, 2003, in Instrument Number 030030478 and a Loan Modification recorded on September 1, 2022, in Instrument Number 220012625 in the Clerk's Office for the City of Alexandria Virginia Circuit Court, securing a loan which was originally $125,000.00. The appointed SUBSTITUTE TRUSTEE, Commonwealth Trustees, LLC will offer for sale at public auction at the Circuit Court for City of Alexandria located at 520 King Street, Courthouse, Alexandria, VA 22314.

February 24, 2025 at 12:30 PM

improved real property, with an abbreviated legal description of the following described property, to wit:

Apartment No. 806, ALEXANDRIA HOUSE, a Condominium, as described in that certain Master Deed dated July 25, 1973 and recorded in Deed Book 762 at Page 254 as amended in Deed Book 805 at Page 483, in Deed Book 810 at Page 768 and in Deed Book 851 at Page 352, among the land records of the City of Alexandria, Virginia;

TOGETHER WITH the exclusive right to the use of Parking Space 45 as provided in the aforesaid Master Deed.

TOGETHER WITH and subject to the rights and obligations arising from a contract between the City of Alexandria and Madison Associates Limited Partnership dated August 1, 1972, and recorded in Deed Book 762 at Page 284, aforesaid records.

AND as more fully described in the aforesaid Deed of Trust.

TERMS OF SALE: The property will be sold “AS IS,” WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND AND SUBJECT TO conditions, restrictions, reservations, easements, rights of way, and all other matters of record taking priority over the Deed of Trust to be announced at the time of sale. A deposit of $20,000 or 10% of the sale price, whichever is lower, will be required at the time of sale, in the form of certified check, cashier's check or money order by the purchaser. The balance of the purchase price, with interest at the rate contained in the Deed of Trust Note from the date of sale to the date said funds are received in the office of the SUBSTITUTE TRUSTEE, will be due within fifteen (15) days of sale. In the event of default by the successful bidder, the entire deposit shall be forfeited and applied to the costs and expenses of sale and Substitute Trustee's fee. All other public charges or assessments, including water/sewer charges, whether incurred prior to or after the sale, and all other costs incident to settlement to be paid by the purchaser. In the event taxes, any other public charges have been advanced, a credit will be due to the seller, to be adjusted from the date of sale at the time of settlement. Purchaser agrees to pay the seller's attorneys at settlement, a fee of $470.00 for review of the settlement documents.

Additional terms will be announced at the time of sale and the successful bidder will be required to execute and deliver to the Substitute Trustees a memorandum or contract of the sale at the conclusion of bidding.

FOR INFORMATION CONTACT:

Rosenberg & Associates, LLC

(Attorney for the Secured Party)

4340 East West Highway, Suite 600

Bethesda, Maryland 20814

301-907-8000

www.rosenberg-assoc.com

January 24th, 2025

January 31st, 2025

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