NOTICE OF TRUSTEE’S
SALE OF REAL ESTATE
STATE OF NORTH CAROLINA
COUNTY OF WAKE
IN THE GENERAL
COURT OF JUSTICE
SUPERIOR COURT DIVISION
BEFORE THE CLERK
13 SP 4146
IN THE MATTER OF: The Foreclosure of a Deed of Trust executed by DAVID A. KIRKBRIDE, as manager of MILLENIUM VENTURES, LLC, to WALTER G. ROGERS, Trustee, recorded in Book 11002, Page 01013, Wake County Registry.
Pursuant to a power of sale contained in a Real Estate Deed of Trust executed by David A. Kirkbride, as manager of Millenium Ventures, LLC, (the “Debtor”) to Walter G. Rogers, Trustee, dated September 1, 2004 and recorded on September 2, 2004 at 3:18 p.m. in Book 11002, Page 01013, Wake County Registry, James F. Jordan having been substituted as trustee by instrument recorded in Book 15460, Page 2512, Wake County Registry, and default having occurred and the Deed of Trust being subject to foreclosure, and the Holder of the indebtedness having demanded foreclosure, the undersigned Substitute Trustee will expose for sale at public auction on December 4, 2013, at 10:30 a.m. at the door of the Wake County Courthouse, Raleigh, North Carolina, the following real property including any improvements thereon:
BEING all of Lot 12, Pinecrest Park Subdivision, as shown on a map recorded in Book of Maps 1947, Page 20, Wake County Registry.
The address of the property is 341 Angier Avenue, Raleigh, North Carolina 27610.
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 of 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. This sale is made subject to all prior liens, unpaid taxes, special assessments, land transfer taxes, if any, easements, conditions, covenants, restrictions and all encumbrances of record. To the best of the knowledge and belief of the undersigned, the current owner of the property is Millenium Ventures, LLC. This property is not a “home loan” as defined in N.C.G.S. § 45-101, and is not subject to notices required by N.C.G.S. § 45-100-107.
A deposit of five percent (5%) of the bid, or Seven Hundred Fifty Dollars ($750.00), whichever is greater, will be required at the time of the sale and must be tendered in the form of certified funds. Following the expiration of the statutory upset bid period, all the remaining amounts will be immediately due and owing. The successful bidder shall tender the full balance of the purchase price, in cash or certified check when the trustee tenders, or attempts to tender, the deed for the property. If the successful bidder then fails to pay the balance of the purchase price, he shall remain liable on his bid as provided by N.C.G.S. § 4521.30(d) and (e). This sale will be held open ten (10) days for upset bids as required by law. Third party purchasers must pay the excise tax, pursuant to N.C.G.S. § 105-228.30, in the amount of One Dollar ($1.00) per each Five Hundred Dollars ($500) or fractional part thereof, and the Clerk of Courts fee, pursuant to N.C.G.S. § 7A-308, in the amount of Forty-five Cents (.45) per each One Hundred Dollars ($100) or fractional part thereof or Five Hundred Dollars ($500.00), whichever is greater.
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 knowledge of the trustee. If the validity of the sale is challenged by any party, the trustee, in their sole discretion, if they believe 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.
PLEASE TAKE NOTICE: An order for possession of the property may be issued pursuant to 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 September 1, 2004 may, after receiving the notice of the sale, terminate the rental agreement upon 10 days’ written notice to the landlord. This notice shall also state that upon termination of a rental agreement that tenant is liable for rent due under the rental agreement prorated to the effective date at the termination.
Special Notice. In the event that tax liens attach to this property, The United States of America, Treasury Department, Internal Revenue Service, has certain rights to purchase which may be exercised after the trustee’s sale. Prospective purchasers are urged to familiarize themselves with these rights to which the sale may be subject.
Special Notice. On information and belief the property to be sold may be subject to Mechanics and Materialman’s claims of lien which may be superior to the interest in the property being foreclosed and sold and which may or may not appear in the public record. Prospective purchasers are urged to familiarize themselves with the public record and the law. Purchasers will neither be relieved of their obligations nor allowed to withdraw their bids due to lack of knowledge or if a lien claimant subsequently asserts a higher priority claim.
James F. Jordan, Substitute Trustee
JORDAN LAW OFFICES, P.A.
4509 Creedmoor Rd., Suite 204
Raleigh, NC 27612
The Wake Forest Weekly
Nov. 21, 28, 2013
- Real Estate
- Special Publications