NOTICE OF SUBSTITUTE
SALE OF REAL PROPERTY
STATE OF NORTH CAROLINA
COUNTY OF WAKE
IN THE GENERAL
COURT OF JUSTICE
SUPERIOR COURT DIVISION
In the Matter of the Foreclosure of the Deed of Trust executed by Merion Investment Properties, LLC,
to Ann L. Harper,
As recorded in Book 15547, Page 1447 of the Wake County Public Registry.
See Substitution of Trustee which Substitutes Ronald H. Garber as Substitute Trustee in the place and stead of Original Trustee, as recorded in Book 15862, Page 2328 of the Wake County Public Registry.
Pursuant to the power and authority contained in the Deed of Trust from Merion Investment Properties, LLC to Ann L. Harper (the “Original Trustee”) for the benefit of MFWIRA, LLC recorded in Book 15547, Page 1447 of the Wake County Public Registry (the “Deed of Trust”), the undersigned Substitute Trustee will sell at public auction, to the highest bidder for cash, the real property described as follows, together with all rights, privileges and appurtenances thereto (the “Property”):
See Exhibit A attached hereto.
The record owner of the Property as reflected by the records of the Register of Deeds of Wake County not more than ten (10) days prior to the posting of this Notice was Merion Investment Properties, LLC.
The Property will be sold subject to any and all matters superior to the lien of the Deed of Trust, including without limitation: (a) superior mortgages, deeds of trust, liens and assessments, if any; (b) the lien of unpaid ad valorem taxes; (c) valid and enforceable easements and restrictions of record; and (d) matters which would be revealed by a current and accurate survey of the property.
The Property will be sold “AS IS, WHERE IS.” Neither the Substitute Trustee nor the holder of the debt secured by the Deed of Trust, nor their respective officers, directors, attorneys, employees, agents or authorized representatives, 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, and any and all responsibilities or liabilities arising out of or in any way relating to any such conditions expressly are disclaimed.
Pursuant to North Carolina General Statutes Section 45-21.10, any successful bidder may be required to deposit with the Substitute Trustee immediately upon conclusion of the sale a cash deposit in an amount not to exceed the greater of five percent (5%) of the amount bid or Seven Hundred Fifty Dollars ($750.00). Any successful bidder shall be required to tender the full balance of the purchase price so bid in cash or certified check at the time the Substitute Trustee tenders to him a deed for the Property or attempts to tender such deed, and should said successful bidder fail to pay the full balance of the purchase price so bid at that time, he shall remain liable on his bid as provided for in North Carolina General Statutes Sections 45-21.30(d) and (e). In addition to the purchase price so bid any successful bidder will also be responsible for payment of revenue stamps and other costs of closing the sale, including fees and costs of the Substitute Trustee incurred after the date of sale.
The sale will be held open for ten (10) days for upset bids as by law required.
DATE OF SALE: April 14, 2015
HOUR OF SALE:10:00 a.m.
PLACE OF SALE: Wake County Courthouse
This the 19th day of March, 2015.
Ronald H. Garber, Substitute Trustee
BOXLEY, BOLTON, GARBER
AND HAYWOOD, L.L.P.
Post Office Drawer 1429
Raleigh, North Carolina 27602
Telephone: (919) 832-3915
Fax: (919) 832-3918
The Wake Forest Weekly
Apr. 2, 9, 2015
BEGINNING at an existing iron pipe in the southern line of the 60 foot right-of-way of Derrydown Lane, said point being the northwestern corner of now or formerly Hester Utilities property (PIN: 0756663067); running thence along the western line of the now or formerly Tonya Currin property (Pin: 0750657552), South 04° II' 13" West 1905.91 feet to an existing iron pipe, said point being in the western line of now or formerly Briarwood property (PIN: 0750642452); running thence along the northern line of now or formerly Johnnie Dew property the following four(4) bearings and distances to existing iron pipes: (1) South 89° 45' 24" West 41.10 feet; (2) North 89° 45' 13" West 102.50 feet; (3) North 89° 49' 20" West 149.96 feet; (4) North 89° 44' 59" West 119.16 feet to an existing iron pipe; running thence along the northern line of now or formerly Currin Bros. Inc. property (PIN: 0750534767), North 89° 50' 01" West 812.11 feet to an existing iron pipe; running thence along the eastern property line of now or formerly Currin Bros. Inc. property (Pin: 0750442256), North 01° 20' 28" East 635.48 feet to an existing iron pipe; running thence along the eastern line of now or formerly Randy Garren property (PIN: 0750956175) and the now or formerly William Hales property (PIN: 0750456507), North 04° 41' 43" East 987.40 feet to an existing iron pipe; running thence along the eastern line of now or formerly Ronald D. & Melody Scott property (PIN: 075096610), North 04° 34' 36" East 553.01 feet to an existing iron pipe; running thence more or less North 04° 34' 36" East approximately 231.85 feet to an existing iron pipe; running thence with the southern line of now or formerly Joseph Dean property (PIN: 0750576147), South 85° 37' 49" East 1239.44 feet to an existing iron pipe; running thence along the western line of Hester Utilities property, South 04° 13' 01" West 431.40 feet to the point and place of BEGINNING, containing approximately 66.48 acres and as further described on deed recorded in Book 7714, Page 858, Wake County Registry.
- State News Today