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AND BEING the same property conveyed to Grantors by Deed dated December 23, 1986, from Jacqueline Massie Eastham and William G. Eastham, Sr., her husband, recorded in Deed Book 160, page 707 in the aforesaid Clerk's Office.
#103237
NOTICE OF
SUBSTITUTE TRUSTEES'SALE OF
311 Pine Drive,
Amieevllle, Virginia
22002
Under and by virtue of the authority vested in the undersigned Substitute Trustee, pursuant to the Deeo of Appointment of Substitute Trustee, and under that certain Deed of Trust from Dennis Passmore dated May 16, 1991 and recorded on May 1T, 1991 in Deed Book 18S at Page 641, among the land records of the County of Rappahannock, Virginia, in the original principal amount of Ninety-Two Thousand and no/100 Dollars ($92,000.00), the holder of the Deed of Trust Note evidencing the indebtedness secvured by the said Deed of Trust having declared an event of default and having instructed the undersigned Substitute Trustee to proceed with this sale, the undersigned Substitute Trustee will be on Tuesday, November 21, at 6:30 a.m. on the steps of the main entrance to the Courthouse of the County of Rappahannock, Virginia, located at 2S0 Gay Street, Washington, Virginia 22747, sell that certain property situated, lying and being in the County of Rappahannock, Virginia and more particular^ described as follows:
All that certain lot or parcel of land situate in Jackson Magisterial District, Rappahannock County, Virginia, designated as Lot 18, Section 3, Rappahannock Park Subdivision, by plat recorded in Deed Book 67 at Page 228 and Deed Book 68 at Page 320, among the Land Records of Rappahannock County, Virginia.
The property will be sold ‘as is' without representation or warranty of any kind as to the condition of any improvements upon the property, and subject to the covenants, conditions, restrictions, right-of-way and easements, if any, contained in the deeds forming the { chain of title to the property. The sale is further subject to liens, including mechanis's and materialmen's liens of record and not of record, if such liens exist. A bidders deposit of Nine Thousand Two Hundred and no/100 Dollars ($9,200.00) in the form of cash or certified or cashier’s check will be required at the time of sale, with the balance due at settlement, which shall be held on or before thirty (30) days from the date of sale at the office of the Substitute Trustee unless said period is | extended by the Substitute Trustee , their successors or assigns for good cause shown. Time shall be of the essence with respect to settlement. The balance of the purchase price shall be paid in cash or its equivalent and shall accrue interest at the rate of 10% per annum from the date of sale to the date of settlement. In the event lhat the purchaser fails to go to settlement as required, the entire deposit may be forfeited and the property will be resold by the Substitute Trustee at the risk and cost of the defaulting purchaser. In lieu of forfeiting the deposit, the Substitute Trustee may avail themselves of any legal or equitable remedies against the defaulting purchaser. Real estate taxes shall be adjusted as of the date of sale, all costs of the conveyance, which shall be by special warranty, examination of title, recording charges, notary fees, settlement fees, including preparation ol deed and grantor's tax thereon, etc., will be at the cost of the purchaser. The Substitute Trustee reserve the right: (i) to waive the deposit requirement; (ii) to extend the period of time within which the purchaser is to
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