PC News Herald Classifieds

The News Herald
December 3, 2015 – 01:26 pm

NOTICE OF SUBSTITUTE TRUSTEE'S SALE OF REAL ESTATE UNDER AND BY VIRTUE OF the power and authority contained in that certain Deed of Trust executed and delivered by Lucy M. Martin, unmarried, dated the 21st day of May, 2004, and recorded in the Office of the Register of Deeds for Cabarrus County, North Carolina, in Book 5333 at Page 318 and because of default in the payment of the indebtedness thereby secured and failure to carry out and perform the stipulations and agreements therein contained and, pursuant to demand of the owner and holder of the indebtedness secured by said Deed of Trust, the undersigned Substitute Trustee will expose for sale at public auction to the highest bidder for cash at the usual place of sale in the County Courthouse of Cabarrus County, in the city of Concord, North Carolina, at 3:00 PM on the 5th day of January, 2016, all that certain parcel of land, more particularly described as follows: IMPROVEMENTS: House and lot/Condominium/or Lot LEGAL DESCRIPTION: Lying and Being in the City of Concord, Number Eleven (11) Township of Cabarrus County, North Carolina on the South side of Eastside Drive, SW, and Being all of Lot Numbers NINETY ONE (91) and NINETY TWO (92) in the Subdivision for J. L. Sides known as WHITE HALL, as surveyed and platted, a copy of which plat is filed in the Office of the Register of Deeds for Cabarrus County in Map Book 7, Page 12, to which map book and page reference is hereby made for a complete description thereof by metes and bounds. ADDITIONAL POSSIBLE STREET ADDRESS FOR REFERENCE PURPOSES ONLY: 102 Eastside Drive SW, Concord, NC 28027 Notice & Disclaimer: The listed street address may be incorrect and is stated hereby for informational and reference purposes only. The Substitute Trustee makes no certifications or warranties that said street address is accurate or correct. It is each potential bidder's duty to determine with his/her own title examination that said street address is correct and matches the above legal description. The above legal description describes the property being sold and shall be controlling. PRESENT RECORD OWNERS as reflected on the records of the Register of Deeds not more than 10 days prior to posting the notice are Connie Sue Lail, Heir and Spouse, if any; Debra Jean Lail, Heir and Spouse, if any; David Lawrence Martin, Heir and Spouse, if any; Gary Keith Martin, Heir and Spouse, if any; Jonathan Eric Martin, Heir and Spouse, if any; Brian S. Tatum, Guardian ad Litem for the unknown and/or minor and/or incompetent heirs/devisees of Lucy M. Martin. Trustee may, in the Trustee's sole discretion, delay the sale for up to one hour as provided in NCGS §45-21.23. In the event that this sale is one of residential real property with less than 15 rental units, an order for possession of the property may be issued pursuant to NCGS §45-21.29 in favor of the purchaser and against the party or parties in possession by the Clerk of Superior Court of the County in which the property is sold. Any person who occupies the property pursuant to a rental agreement entered into or renewed on or after October 1, 2007, may, after receiving the notice of sale, terminate the rental agreement upon 10 days written notice to the landlord. That upon termination of a rental agreement, the tenant is liable for rent due under the rental agreement prorated to the effective date of the termination. Should the property be purchased by a third party, that person must pay the tax of forty-five (45) cents per One Hundred Dollars ($100.00) required by NCGS §7A-308 (a)(1). This sale is also subject to any applicable county and/or state land transfer and/or revenue tax, and the successful third party bidder shall be required to make payment for such tax. 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/Security Instrument, or both, being foreclosed, nor the officers, directors, attorneys, employees, agents or authorized representative of either Trustee of 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, and 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...

Source: www.morganton.com
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