00087243 —

Dec 21-0:50
Listing Began:

Description

Seller's Comments and Description:

NOTICE OF SUBSTITUTE TRUSTEE SALE

40230 Charles Town Pike,

Hamilton, VA 20158

By virtue of the power and authority contained in a Deed of Trust dated May 9, 2007 and recorded at June 26, 2007 in Instrument Number 20070626-0047896 in the Clerk's Office for the Loudoun County Virginia Circuit Court, Virginia, securing a loan which was originally $668,000.00. The appointed SUBSTITUTE TRUSTEE, Commonwealth Trustees, LLC will offer for sale at public auction at the main entrance of the Loudoun County Circuit Court located at 18 E Market Street, Leesburg, VA 20178.

December 02, 2024 at 2:00 PM

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

ALL THAT PARCEL OF LAND IN COUNTY OF LOUDOUN, STATE OF VIRGINIA AS MORE FULLY DESCRIBED IN BOOK 1751 PAGE 1631 AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:

ALL THAT CERTAIN LOT OR PARCEL OF LAND, TOGETHER WITH APPURTENANCES THEREUNTO PERTAINING, LYING AND BEING SITUATE IN LOUDOUN COUNTY, VIRGINIA AND FURTHER KNOWN AND DESCRIBED AS:

ALL THAT CERTAIN TRACT OR PARCEL OF LAND, TOGETHER WITH ALL BUILDINGS AND IMPROVEMENTS THEREON, RIGHTS, PRIVILEGES AND APPURTENANCES THEREUNTO BELONGING OR IN ANYWISE APPERTAINING, LYING, BEING SITUATE IN THE CATOCTIN ELECTION DISTRICT, LOUDOUN COUNTY, VIRGINIA, DESIGNATED AS LOT 2D, CONTAINING 6.3739 ACRES, MORE OR LESS, IN "FAMILY SUBDIVISION, RECORD PLAT, DIVISION OF LOT 2, WILLIAM J. DALEY DIVISION, LAND OF DAVID H. FARRAR", AS THE SAME IS MORE PARTICULARLY DESCRIBED ON A PLAT OF SAID DIVISION, PREPARED BY KEN ERICKSON, INC., DATED DECEMBER 4, 1997, AND RECORDED IN THE CLERK`S OFFICE OF THE CIRCUIT COURT OF LOUDOUN COUNTY, VIRGINIA, IN PLAT BOOK E AT PAGE 7, SLOT 3.

SUBJECT TO THE EXISTING 50 FOOT PRIVATE ACCESS AND UTILITY EASEMENT RECORDED IN DEED BOOK 0970 AT PAGE 0735, AMONG THE LAND RECORDS OF LOUDOUN COUNTY, VIRGINIA.

SUBJECT TO THE 40 FOOT PRIVATE ACCESS AND UTILITY EASEMENT FOR LOT 2B, LOT 2C AND LOT 2D AS SHOWN ON THE PLAT PREPARED BY KEN ERICKSON DATED DECEMBER 4, 1997, AND RECORDED IN THE CLERK`S OFFICE OF THE CIRCUIT COURT OF LOUDOUN COUNTY, VIRGINIA IN PLAT BOOK E AT PAGE 7, SLOT 3.

THIS CONVEYANCE IS MADE SUBJECT TO ANY EASEMENTS, RESTRICTIONS, AND RESERVATIONS CONTAINED IN DULY RECORDED DEEDS, PLATS AND OTHER INSTRUMENTS CONSTITUTING CONSTRUCTIVE NOTICE IN THE CHAIN OF TITLE.

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

November 15th, 2024

November 22nd, 2024

AD#87243





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