The sale will take place on October 24, 2002

The sale will take place on October 24, 2002 at 11:00 a m. at the main entrance to the building housing the Circuit Court of Rappahannock County. Virginia.

Terms: A deposit in the form of certified funds in the amount of $8,000.00 or 10% of the successful bid. whichever is lower, is required of any bidder at the time of sale. Closing within fifteen (15) days of sale. Time is of the essence Additional terms may be announced at sale Purchaser to pay all closing costs.

Stephen B. Wood and Sandra L. Ulloa. and F & M Services, L.C., Substitute Trustees

FOR INFORMATION CONTACT: Stephen B. Wood, Friedman & MacFadyen, P.A., 1601 Rolling Hills Drive. Ste. 125, Richmond, Virginia 23229, Telephone: (804)288-0088 Ref# 16845 9-26, 10-03,10-10, 10-17-02 #455926

NOTICE OF TRUSTEE SALE

fractional interest in 10.3292 acres located in

Hampton District,

Rappahannock County, Virginia

(Tax Map 27-29)

In execution of a Deed of Trust dated December 14, 1995, recorded in Deed Book 219 at Page 523 in the Clerk's Office of the Circuit Court of the County of Rappahannock. Virginia, the undersigned Substitute Trustee will, on Friday, October 25, 2002, at 1:00 p.m., at the front doors of the courthouse of the County of Rappahannock, Gay • Street, Washington, VA 22747, offer for sale at public to the highest bidder all of the right, title and interest of Albert Wayne Gatewood in and to the following property with improvements thereon:

10.3292 acres, more or less, lying on the

east side of Virginia secondary Route 622.

being the residue of a certain tract of

land containing 17.6268 acres, more or

less, shown on a plat and survey by Ross

& France, Ltd., dated November 21,1972,

and recorded in Deed Book 106, page 36;

less and excepting therefrom a certain

tract of land containing 7.2976 acres,

more or less, described according to deed

recorded In Deed Book 118, page 688,

and having a street address of 20

Covington Lane, Washington, Virginia.

Conveyance shall be with special warranty and shall be subject to all recorded and unrecorded liens, encumbrances, conditions, restrictions. leases and mechanics' and materialmen's liens, to the extent any of the foregoing may lawfully apply to the interest of the said Albert Wayne Gatewood in the Property being sold and take priority over the lien and security interest of the deed of trust being foreclosed in this sale. The foregoing shall not preclude the purchaser from acquiring the above described interest in the Property subject to such matters subordinate to the lien and security interest of such deed of trust or electing to have any subordinate matters extinguished by the foreclosure sale, in either case as the purchaser may elect and as may be permitted by law.

Deposit of $500.00 cash or certified check shall be required to qualify as a bidder before the sale, except from the Noteholder. Deposit, without interest, is applied to the purchase price at settlement. Settlement will be held on or before 21 days after sale. Upon purchaser's default, the deposit shall be forfeited and the property shall be resold at the risk and costs of the defaulting purchaser. In the event the Trustee cannot convey to the purchaser the above described interest, in the Trustee's sole discretion, the sale may be rescinded and the purchaser's sole remedy shall be the refund of the deposit.

The balance of the purchase price shall be in cash or its equivalent. Settlement shall be at the offices of the Substitute Trustee or other mutually agreed location. The property and any improvements thereon shall be sold in “as is" condition without any warranties. The successful bidder shall assume all loss or damage to the property from and after the time of the sale

Purchaser shall be responsible for all costs of the conveyance, which shall be by special warranty, including but no limited to the preparation of the deed and the grantor s tqx. The sale is subject to such additional terms as the Trustee may announce at the time of sale. The purchaser will be required to sign a Memorandum of Sale incorporating all the terms of the sale.

Written notice of this Trustees’ Sale has been sent to the owners by certified mail in strict compliance with section 55-59.1 of the Code of Virginia, 1950, as amended.

MICHAEL T. BROWN

Substitute Trustee

For Information Contact:

Michael T. Brown, Substitute Trustee Law Office of Douglas K. Baumgardner 211-A Main Street Post Office Box 270 Washington, Virginia 22747 540-675-3617

1903,10-10,10-17,10-24-02

#456761