00104181 —

Aug 14-9:10
Listing Began:

Description

Seller's Comments and Description:

NOTICE OF SUBSTITUTE TRUSTEE’S SALE OF

OFFICE CONDOMINIUM UNIT NUMBER 301

LOCATED IN THE JOHN MARSHALL MEDICAL-DENTAL BUILDING AT 2501 NORTH GLEBE ROAD, ARLINGTON, VIRGINIA 22207

In execution of that certain Deed of Trust dated January 15, 2016, securing indebtedness in the original principal amount of $560,000.00, and recorded in the Clerk’s Office of the Circuit Court of Arlington County, Virginia, as Document No. 20160100001111 (the “Deed of Trust”), default having occurred in the payment of the indebtedness secured thereby, SSGS VA Trustee, LLC, a Virginia limited liability company, the duly appointed substitute trustee under the Deed of Trust (the “Trustee”), will offer for sale at public auction to the highest bidder the real property described in the Deed of Trust and commonly known as 2501 North Glebe Road, Unit 301, Arlington, Virginia 22207 (the “Unit”), on:

WEDNESDAY, AUGUST 19, 2026 AT 3:00 P.M.

at the front entrance doors of the Arlington County Circuit Court, located in the Arlington County Justice Center at 1425 N. Courthouse Road, Arlington, Virginia 22201. The Unit is more particularly described as follows:

ALL THAT certain lot, piece or parcel of land, situate in Arlington County, Virginia, and described as Condominium Unit No. 301, John Marshall Medical-Dental Building, A Condominium, in accordance with the Declaration of Condominium and exhibits attached thereto recorded in Deed Book 2618, page 618, among the land records of Arlington County, Virginia, together with the Common Element Interest of said Unit as more particularly set forth in the aforesaid Declaration.

Parcel No.: 02-061-033

PROPERTY DESCRIPTION: The above-described real property is a single office condominium unit identified as Unit 301 and located within the John Marshall Medical-Dental Building. Upon information and belief, (i) the Unit is located at the northwest corner of the third level of a three-story building, (ii) the Unit contains approximately 1,660 square feet of net floor area, (iii) the Unit includes a lobby/waiting area, reception area, seven examination rooms, a nurses’ station, a private office, a kitchenette, a storage room, and two bathrooms, each containing two fixtures, and (iv) the Unit was renovated in 2007 and again in 2015.

DISCLAIMER: The foregoing property description was obtained from sources deemed reliable but is provided solely for informational purposes and has not been independently verified. None of the Trustee, the auctioneer or the beneficiary under the Deed of Trust makes any representation or warranty, express or implied, as to the accuracy or completeness of the foregoing description or any other information or materials made available to prospective purchasers. Prospective purchasers are encouraged to conduct their own due diligence before the sale concerning the Unit, the improvements thereon, and the permitted uses thereof.

TERMS OF SALE: A bidder’s deposit of Fifty-Six Thousand Dollars ($56,000.00) or ten percent (10%) of the successful bid, whichever is less, will be required from the successful bidder (the “Purchaser”) at the time of sale. The deposit must be paid by cashier’s check or certified check payable to SSGS VA Trustee, LLC. Before the sale begins, each prospective bidder must qualify by presenting evidence satisfactory to the Trustee of the bidder’s ability to satisfy the deposit requirement. The Trustee reserves the right to waive or modify the deposit requirement. The amount of the Purchaser’s final bid shall constitute the purchase price (the “Purchase Price”). The balance of the Purchase Price shall be paid by wire transfer, cashier’s check, or certified check, together with interest on the unpaid balance at the rate of eleven percent (11%) per annum from the date of sale through and including the date of settlement. Settlement shall occur within thirty (30) days after the date of sale. If settlement is delayed for any reason, there shall be no abatement of interest. TIME IS OF THE ESSENCE. The Trustee may extend the settlement deadline in its sole and absolute discretion. If the beneficiary under the Deed of Trust, any affiliate or servicer thereof, or any assignee of any of them is the Purchaser, the Trustee may waive the deposit requirement and/or interest on the unpaid Purchase Price.

Real estate taxes and regular condominium assessments shall be adjusted as of the date of sale. The Purchaser shall be responsible for all taxes, assessments, municipal charges, condominium charges, and liens attributable to periods after the date of sale, together with any such items that are not discharged by the foreclosure sale or paid from the sale proceeds. Except for the Virginia grantor’s tax, the Purchaser shall pay all costs associated with the conveyance and recording of the trustee’s deed, including documentary stamps, transfer and recordation taxes, document-preparation charges, title-examination charges, and recording fees.

THE UNIT SHALL BE SOLD AND CONVEYED IN “AS IS, WHERE IS” CONDITION, WITH ALL FAULTS, AND WITHOUT ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, INCLUDING ANY REPRESENTATION OR WARRANTY AS TO THE NATURE, PHYSICAL CONDITION, DESCRIPTION, STRUCTURAL CONDITION, QUALITY OF CONSTRUCTION, FITNESS FOR HABITATION OR ANY PARTICULAR USE, ZONING, OR ENVIRONMENTAL CONDITION OF THE UNIT. EXCEPT FOR THE SPECIAL WARRANTY OF TITLE EXPRESSLY SET FORTH IN THE TRUSTEE’S DEED, THE TRUSTEE AND THE BENEFICIARY UNDER THE DEED OF TRUST DISCLAIM ALL REPRESENTATIONS AND WARRANTIES OF ANY KIND WITH RESPECT TO THE UNIT.

THE UNIT SHALL BE SOLD AND CONVEYED SUBJECT TO all matters, if any, having priority over the Deed of Trust, and all easements, rights-of-way, covenants, conditions, restrictions, reservations, declarations, agreements, and other matters of record affecting the Unit; all matters that would be disclosed by an accurate survey, physical inspection, or examination of title; all applicable zoning, building, housing, environmental, critical-area, and wetlands laws, regulations, violations, conditions, and hazards, whether latent or observable; and all filed or unfiled mechanics’ liens, statutory liens, governmental liens and assessments, and other liens or encumbrances that are not extinguished by the foreclosure sale.

The Purchaser shall assume the risk of loss with respect to the Unit immediately upon conclusion of the foreclosure sale. Obtaining possession of the Unit after settlement shall be the Purchaser’s sole responsibility. If the Purchaser fails to complete settlement as required, the deposit shall be forfeited, and the Unit may be resold at the Purchaser’s risk and expense. If the Trustee is unable to convey title to the Unit for any reason, the Purchaser’s sole remedy shall be the return of the deposit, without interest. Upon return of the deposit, the sale shall be void and of no further force or effect, and the Purchaser shall have no further claim against the Trustee or the beneficiary under the Deed of Trust.

Additional terms may be announced by the Trustee at the time of sale and shall be incorporated into a memorandum of sale that the Purchaser must execute and deliver to the Trustee

immediately following the conclusion of bidding. Upon request, a form of memorandum of sale will be made available to any interested bidder before the sale.

The Trustee may postpone or continue the sale from time to time for any reason deemed appropriate by the Trustee. Notice of any postponement or continuation shall be given in the manner deemed reasonable by the Trustee, or as otherwise required by the Deed of Trust and

applicable Virginia law.

SSGS VA TRUSTEE, LLC

Substitute Trustee

250 W. Pratt Street, Suite 2000

Baltimore, Maryland 21201

FOR MORE INFORMATION CONTACT:

Paul Cooper, Auctioneer

License No. 2906000287

Alex Cooper Auctioneers, Inc.

908 York Road, Towson, Maryland 21204

Telephone No.: (410) 977-4707

http://realestate.alexcooper.com

Aug. 10 & 17

(Serial #528162) Ad#104181





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