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The clipping this text was read from
The clipping this text was read from

NOTICE OF SUBSTITUTE TRUSTEE S SALE

140 HINSONS FORD ROAD,

AMISSVILLE, VA 20106

By virtue of the power and authority contained in a Deed of Trust dated October 05, 2005, and recorded in Instrument No. 050001902 in the Clerk's Office of the Circuit Court for Rappahannock County, Virginia, with an original principal balance of $350,000.00, the holder of the indebtedness secured by said Deed of Trust having appointed as Substitute Trustee EQUITY TRUSTEES, LLC, a Virginia Limited Liability Company, by instrument duly executed, acknowledged and delivered, default having occurred under the terms thereof, and at the written request of the party secured thereby, the Substitute Trustee will offer for sale at public auction at the front steps of the Circuit Court for Rappahannock County. 238 Gay Street; Washington, Virginia, on

Monday, March 05, 2007 at lO.DO AM

Improved real property known as 140 Hinsons Ford Road, Amissville, VA 20106-4136, and more fully described in the aforesaid deed of trust.

The property will be sold in AS IS CONDITION WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND, AND SUBJECT TO conditions, restrictions, reservations, easements, rights of way, of record affecting same, if any.

TERMS OF SALE: Cash. A ten percent (10%) bidder's deposit in cash or certified check payable to the Trustee shall be required of the successful bidder at the time of sale before the bidding will be closed. The balance of the purchase price will be due within fifteen (15) days of sale.

TIME IS OF THE ESSENCE FOR THE PURCHASER. In the event of default by the successful bidder, the deposit shall be forfeited and applied to the costs and expenses of sale and Trustee's fee, and the property resold at the successful bidder's risk and expense. The defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the property. In such event, the defaulting purchaser shall be liable for the payment of any deficiency m the purchase price, all costs and expenses of both sales, attorneys' fees and all other charges incurred by the Substitute Trustee. In the event settlement is delayed for any reason and the property is purchased by someone other than the noteholder, there shall be no abatement of interest caused by the delay.

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