In execution of a Deed of Trust dated November 20, 2009, recorded in the Clerk’s Office of the Circuit Court for Roanoke County, Virginia, as Instrument No. 200915622, the Substitute Trustee will offer the above-described property for sale to the highest bidder at public auction on the date and time referenced below.
BEGINNING at Point “A” on the westerly side of U.S. Route 11 (80 foot right –of-way), corner to N & W R.R. right –of-way; thence along U.S. Route 11, S. 63 deg. 49’ 04” W. 190.36 feet to Point “B”; thence leaving U.S. route 11,
crossing the Roanoke County/Montgomery County line, along the Roanoke River, the following courses and distances; N. 80 deg. 22’ 57” W. 179.35 feet to Point “C”; S. 80 deg. 02’ 49” W. 88.80 feet to Point “D”; S. 84 deg. 42’ 09” W. 91.76 feet to Point “E”; N. 85 deg. 51’ 28” W. 128.71 feet to Point “E” on line of Richard A. Heslep property (D.B. 326, pg. 709); thence along the Heslep line, the following courses and distances: N. 45 deg. 05’ 29” E. 35.28 feet to Point “G”; N. 15 deg. 33’ 36” W. 29.31 feet to Point “H”; N.71 deg. 15’ 42” W. 68.53 feet to Point “I”; N. 70 deg. 19’ 16” W. 48.02 feet to Point “J”; N. 21 deg. 06’ 53” W. 63.03 feet to Point “K”; N. 01 deg. 53’ 31 “ E. 152.54 feet to Point “L” on line of N & W R.R. right-of-way; thence along N & W R.R. right-of-way line, and crossing the Roanoke County/Montgomery County line, S. 73 deg. 00’ 00” E. 800.50 feet to Point A, the place of BEGINNING, containing 2.951 acres, and being as shown on Plat of Survey for Ralph E. Shirey of Tax Parcel No. 72.02-1-46, made by Shanks Associates, P.C., Engineers-Surveyors-Planners, dated February 27, 1991, a copy of which is attached to a certain deed of record in the Clerk’s Office of the Circuit Court for the County of Roanoke, Virginia, in Deed Book 1338, page 555, and in Deed Book 699, page 838, in the Clerk’s Office of the Circuit Court for the County of Montgomery, Virginia.
Date of Sale: September 12, 2019 at 9:00 a.m. at Roanoke County Circuit Court, 305 E. Main Street, Salem, VA 24153.
Terms: CASH; a deposit in the form of certified funds in the amount of $10,000 or 10% of the sale price, whichever is lower. Settlement within thirty (30) days of date of sale. Time is of the essence.
OPTIONS:
- All costs of conveyance, examination of title, recording charges, etc. will be at cost of purchaser with the exception of the grantor’s tax. Neither the Substitute Trustee nor any other party guarantees or covenants to deliver or in any way to obtain possession of the premises for any third party purchaser.
- The Trustee reserves the right to reject all bids, extend the time to receive bids or withdraw the property from sale at any time. In addition, should the Substitute Trustee be unable, for any reason, in its sole discretion, to convey title, the successful bidder’s sole remedy in law or equity shall be the return of his deposit. Upon refund of the deposit, the sale shall be void and of no effect.
Additional terms may be announced at the time of the sale. The Substitute Trustee will convey the above-described property to the purchaser(s) by Special Warranty deed at settlement and makes no additional representations or warranties of any kind regarding the title to said property.
Compton M. Biddle, Esq.
Trustee
For Information Contact:
John K. Prillaman, Esq.
OPN LAW
3140 Chaparral Drive
Roanoke, Virginia 24018
(540) 725-8194