NOTICE OF TRUSTEE’S
SALE OF REAL PROPERTY
STATE OF NORTH CAROLINA
COUNTY OF WAKE
IN THE GENERAL
COURT OF JUSTICE
SUPERIOR COURT DIVISION
BEFORE THE CLERK
FILE NO.: 13 SP 3123
N THE MATTER OF THE FORECLOSURE OF THE DEED OF TRUST OF ROAD RUNNER INVESTMENT PROPERTIES, LLC TO DWIGHT W. SNOW, TRUSTEE AS RECORDED IN BOOK 11164, PAGE 1131, WAKE COUNTY REGISTRY
Under and by virtue of the power and authority contained in that certain Deed of Trust executed and delivered by Road Runner Investment Properties, LLC dated December 28, 2004 and recorded in the Office of the Register of Deeds for Wake County, North Carolina, in Book 11164, Page 1131, Wake County Registry, default having been made in the payment of the note thereby secured by the said Deed of Trust and the Holder of the note evidencing said indebtedness having directed that the Deed of Trust be foreclosed, the undersigned Trustee will offer for sale at the courthouse door in the city of Raleigh, Wake County, North Carolina, or at the usual and customary location at said county courthouse for conducting said sale, on September 18, 2013 at 12:00 noon, and will sell to the highest bidder for cash that real property situated in Wake County, North Carolina, which is more particularly described as follows:
BEING all of Lot 67, Section 7 of Huntersway Subdivision as shown in Book of Maps 50, Page 317, Johnston County Registry.
BEING all of Lot 221, Section 4-A of Kingwood Forest Subdivision as shown in Book of Maps 1970, Vol. 3, Page 317, Wake County Registry.
BEING all of Lot 204 of Kingwood Forest Subdivision, Section 4-A, as shown in Book of Maps 1970, Page 57, Wake County Registry.
BEING all of Lot 56 and the southern 15 feet of Lot 55 of Frank Allen Subdivision, as shown in Book of Maps 1885, Page 127, Wake County Registry.
Save and except any releases, deeds of release or prior conveyance of record which include Release Deed dated October 27, 2008 – Tract 1; Release Deed recorded in Book 12207, Page 441 - Tract 2; and Release Deed recorded in Book 12910, Page 2734 – Tract 4.
The address for the remaining real property tract being foreclosed (Tract 3) is as follows: 2701 Casco Circle, Raleigh, N.C. 27610.
A cash deposit of five percent (5%) of the purchase price, or Seven Hundred Fifty Dollars ($750.00), whichever is greater, will be required at the time of the sale. Following the expiration of the statutory upset bid period, all the remaining amounts are immediately due and owing.
Said property to be offered pursuant to this Notice of Sale is being offered for sale, transfer and conveyance “AS IS, WHERE IS.” There are no representations 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, unpaid taxes, any unpaid land transfer taxes, special assessments, easements, rights of way, deeds of release, and any other encumbrances or exceptions of record. To the best of the knowledge and belief of the undersigned, the current owner of the property is ROAD RUNNER INVESTMENT PROPERTIES, LLC.
An Order for possession of the property 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. 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.
If the Trustee is unable to convey title to this property for any reason, the sole remedy of the purchaser is the return of the deposit. Reasons of such inability to convey include, but are not limited to, the filing of a bankruptcy petition prior to the confirmation of the sale and reinstatement of the loan without the knowledge of the Trustee. If the validity of the sale is challenged by any party, the Trustee, in his sole discretion, if he believes the challenge to have merit, may request the court to declare the sale to be void and return the deposit. The purchaser will have no further remedy.
THIS IS A COMMUNICATION FROM A DEBT COLLECTOR. THE PUPOSE OF THIS COMMUNICATION IS TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE, except as stated below in the instance of bankruptcy protection.
IF YOU ARE UNDER THE PROTECTION OF THE BANKRUPTCY COURT OR HAVE BEEN DISCHARGED AS A RESULT OF A BANKRUPTCY PROCEEDING, THIS NOTICE IS GIVEN TO YOU PURSUANT TO STATUTORY REQUIREMENT AND FOR INFORMATIONAL PURPOSES AND IS NOT INTENDED AS AN ATTEMPT TO COLLECT A DEBT OR AS AN ACT TO COLLECT, ASSESS, OR RECOVER ALL OR ANY PORTION OF THE DEBT FROM YOU PERSONALLY.
This the 28th day of August, 2013.
Dwight W. Snow, Trustee
P.O. Box 397
Dunn, North Carolina 28335
The Wake Forest Weekly
Sept. 5, 12, 2013