NOTICE OF SALE
STATE OF NORTH CAROLINA
N THE GENERAL
COURT OF JUSTICE
SUPERIOR COURT DIVISION
BEFORE THE CLERK
15 SP 555
IN THE MATTER OF THE FORECLOSURE OF A DEED OF TRUST EXECUTED BY WEB FORMATIONS, INC. AND W. EDWARD BRANTLEY DATED JULY 11, 2012 AND RECORDED IN BOOK 14839 AT PAGE 1808 IN THE WAKE COUNTY PUBLIC REGISTRY, NORTH CAROLINA
SUBSTITUTE TRUSTEE: Jonathan W. Anderson
RECORD OWNER(S): WEB Formations, Inc
Under and by virtue of the power and authority contained in the above-referenced deed of trust and because of default in payment of the secured debt and failure to perform the agreements contained therein and, pursuant to demand of the holder of the secured debt, the undersigned will expose for sale at public auction at the usual place of sale at the Wake County courthouse at 10:00 A.M. on May 11, 2015, the following described real estate and any improvements situated thereon, in Wake County, North Carolina, and being more particularly described as follows:
This property is located on the northern side of S.R. 1393, about 1-1/2 miles East of Holly Springs off Bass lake Road, on the eastern side of a 60 foot private road that extends along the western margin of the Dora Prince heirs property and intersects with S.R. 1393; said point of BEGINNING is an iron stake on the eastern side of a private road, said stake being South 66˚ 25’ West from a turning point in the J.E. Holt line and said turning point being North 23˚ 35’ East 209.5 feet from the center line of S.R. 1393; thence along the eastern side of a private road North 23˚ 35’ East 466.7 feet to an iron stake; thence a new line with Dora Prince heirs South 66˚ 25’ East 466.7 feet to an iron stake; thence a new line with Dora Prince heirs South 23˚ 35’ West 466.7 feet to an iron stake; thence a new line with Prince North 66˚ 25’ West 466.7 feet to an iron stake on the eastern side of a private road, said stake being the point and place of BEGINNING, see that property labeled “Eddie Faulk D.B. 4508 Pg. 519” as shown on that plat recorded in Book of Maps 1992, page 181, Wake County Registry.
And Being more commonly known as: 0 Bass Lake Road, Holly Springs, NC 27540
The record owner(s) of the property, according to the records of the Register of Deeds is Web Formations, Inc.
The property to be offered pursuant to this notice of sale is being offered for sale, transfer and conveyance AS IS, WHERE IS. Neither the Trustee nor the holder of the note secured by the deed of trust being foreclosed, nor the officers, directors, attorneys, employees, agents or authorized representative of either the Trustee or the holder of the note make any representation or warranty relating to the title or any physical, environmental, health or safety conditions existing in, on, at or relating to the property offered for sale. Any and all responsibilities or liabilities arising out of or in any way relating to any such condition expressly are disclaimed. This sale is subject to all prior liens and encumbrances and unpaid taxes and assessments including any transfer tax associated with the foreclosure. A deposit of five percent (5%) of the amount of the bid or seven hundred fifty dollars ($750.00), whichever is greater, is required from the highest bidder and must be tendered in the form of certified funds at the time of the sale. This sale will be held open ten days for upset bids as required by law. After the expiration of the upset period, all remaining amounts are IMMEDIATELY DUE AND OWING. Failure to remit funds in a timely manner will result in a Declaration of Default and any deposit will be frozen pending the outcome of any re-sale.
SPECIAL NOTICE FOR LEASEHOLD TENANTS residing at the property: be advised that an Order for Possession of the property may be issues in favor of the purchaser. Also, if your lease began or was renewed on or after October 1, 2007, be advised that you may terminate the rental agreement upon 10 days written notice to the landlord. You may be liable for rent due under the agreement prorated to the effective date of the termination.
The date of this Notice is April 17, 2015.
THE LAW OFFICE OF
JONATHAN W. ANDERSON, PLLC:
Jonathan W. Anderson
N.C. State Bar No. 37990
PO Box 6356
Raleigh, NC 27628
Telephone: (919) 578-3075
Facsimile: (919) 573-0806
The Wake Forest Weekly
April 23, 30, 2015
- State News Today