IN THE GENERAL
COURT OF JUSTICE
BEFORE THE CLERK
16 SP 1308
IN THE MATTER OF THE FORECLOSURE OF A DEED OF TRUST EXECUTED BY BRIGHT DAY HOLDINGS, LLC DATED July 23, 2008 AND RECORDED IN BOOK 13186, PAGE 2124, WAKE COUNTY REGISTRY, TO NEUSE, INCORPORATED, TRUSTEE.
Under and by virtue of the power of sale contained in that certain deed of trust executed by BRIGHT DAY HOLDINGS, LLC dated July 23, 2008 to NEUSE, INCORPORATED, Trustee for FIRST-CITIZENS BANK & TRUST COMPANY, recorded in Book 13186, Page 2124, 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:
Being all of Unit 8307 - 203 Six Forks Office Park Condominiums, Phase III, as described and designated in the Declaration of Condominium (under the North Carolina Ownership Act) filed in Book 10921, Page 2304, and amended in Book 11121, Page 2316, further amended by a second amendment recorded in Book 11213, Page 876, further amended by a third amendment recorded in Book 11481, Page 501, and filed in unit ownership file 2004-347 Al through Cl (Plat shown as Book 2004, Page 347), all Wake County Registry. Together with 1.79 undivided interest in and to the common areas and facilities allocated for such unit.
PROPERTY ADDRESS/LOCATION: 8307 Six Forks Road, #203 Raleigh NC 27615
DATE OF SALE: July 15, 2016
TIME OF SALE: 10:30 A.M.
LOCATION OF SALE: WAKE County Courthouse
RECORD OWNER(S): Brian G. Day
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 this Notice of Foreclosure Sale, terminate the rental agreement by providing written notice of termination to the landlord, to be effective on a date stated in the notice that is at least 10 days, but no more than 90 days, after the sale date contained in this Notice of Foreclosure Sale, provided that the mortgagor has not cured the default at the time the tenant provides the notice of termination. 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.
(7) If the sale is set aside for any reason, the Purchaser at the sale shall be entitled only to return of the deposit paid. The Purchaser shall have no further recourse against the Mortgagor, the Mortgagee, the Mortgagee’s attorney, or the Substitute Trustee.
This the 16th day of June, 2016.
SMITH DEBNAM NARRON DRAKE
SAINTSING & MYERS, L.L.P.
Goddard & Peterson, PLLC,
3803 Computer Drive, Suite 103
Raleigh NC 27609
The Wake Forest Weekly
July 7, 14, 2016
- State News Today