13 SP 2161 NOTICE OF FORECLOSURE SALE

Posted On 04 Jul 2013

13 SP 2161 NOTICE OF FORECLOSURE SALE,

North Carolina, Wake County Under and by virtue of the power of sale contained in that certain Deed of Trust executed by Mary-Beth Sewell and Edward Scott Sewell aka Scott Sewell dated August 5, 2002 to BB&T Collateral Service Corporation, Trustee for Branch Banking and Trust Company, recorded in Book 9550, Page 2620, WAKE County Registry; default having been made in payment of the indebtedness thereby secured; and the necessary findings to permit foreclosure having been made by the Clerk of Superior Court of WAKE County, North Carolina; the undersigned Substitute Trustee will offer for sale at public auction to the highest bidder for cash, the property conveyed in said deed of trust, the same lying and being in the County of WAKE and State of North Carolina, and more particularly described as follows: All that certain parcel of land lying and being situated in the County of Wake, State of NC, to-wit: Being all of Lot 91 in Crenshaw Hall Plantation Subdivision, Phase One, Map 3 and 4, as shown on a map recorded in Book of Maps 1999, Page 1970, Wake County Registry, to which map reference is hereby made for a more particular description. Being that parcel of land conveyed to Edward Scott Sewell and wife, Mary Beth Sewell, Tenants by the Entirety from St. Lawrence Homes, Inc. by that deed dated 03/10/2000 and recorded 03/13/2000 in Deed Book 8537, at Page 1274 of the Wake County, NC Public Registry. Property Address: 1004 Sawnwork Court, Wake Forest, NC 27587 Date of Sale: July 12, 2013 at 10:30 A.M. Location of Sale: WAKE County Courthouse Record Owner(s): Mary-beth Sewell and Edward Scott Sewell aka Scott Sewell TERMS OF THE SALE: (1) This sale will be made subject to: (a) all prior liens, encumbrances, easements, right-of-ways, restrictive covenants or other restrictions of record affecting the property; (b) property taxes and assessments for the year in which the sale occurs, as well as any prior years; (c) federal tax liens with respect to which proper notice was not given to the Internal Revenue Service; and (d) federal tax liens to which proper notice was given to the Internal Revenue Service and to which the right of redemption applies. (2) The property is being sold “as is”. Neither the beneficiary of the deed of trust, nor the undersigned Substitute Trustee, makes any warranties or representations concerning the property, including but not limited to, the physical or environmental condition of the property.  Further, the undersigned Substitute Trustee makes no title warranties with respect to the title to the property. (3) The highest bidder will be responsible for the payment of revenue stamps payable to the Register of Deeds and any final court and/or auditing fees payable to the Clerk of Superior Court which are assessed on the high bid resulting from this foreclosure sale. (4)  At the time of the sale, the highest bidder will be required to make a cash deposit of five percent (5%) of the bid, or $750.00, whichever is greater, with the remaining balance of the bid amount to be paid on the day following the expiration of the applicable ten (10) day upset bid period. (5) 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.  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. (6)  An order for possession of the property being sold may be issued pursuant to N.C.G.S. §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. SMITH DEBNAM NARRON DRAKE SAINTSING & MYERS, L.L.P.  Cara B. Williams, Attorney for Jeff D. Rogers, Substitute Trustee P. O. Box 26268  Raleigh, NC 27611-6268 (919) 250-2000 File No. ALS 97394702, 1045878 7/4, 07/11/2013

The Wake Forest Weekly
July 4, 11, 2013