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NOTICE OF FORECLOSURE SALE

 

Last updated 2/15/2021 at 4:03pm



NOTICE OF FORECLOSURE SALE

20 SP 63

Under and by virtue of the power of sale contained in a certain Deed of Trust made by Ted Migues, Carolyn Migues (PRESENT RECORD OWNER(S): Ted Migues and Carolyn Migues) to Old Republic National Title Insurance Company, Trustee(s), dated September 20, 2019, and recorded in Book No. DOC 894, at Page 432 in Transylvania County Registry, North Carolina, default having been made in the payment of the promissory note secured by the said Deed of Trust and the undersigned, Substitute Trustee Services, Inc. having been substituted as Trustee in said Deed of Trust by an instrument duly recorded in the Office of the Register of Deeds Transylvania County, North Carolina and the holder of the note evidencing said indebtedness having directed that the Deed of Trust be foreclosed, the undersigned Substitute Trustee will offer for sale at the courthouse door in Brevard, Transylvania County, North Carolina, or the customary location designated for foreclosure sales, at 12:00 PM on February 25, 2021 and will sell to the highest bidder for cash the following real estate situated in Brevard in the County of Transylvania, North Carolina, and being more particularly described as follows:

All that certain lot or parcel of land situated in the City of Dunns Rock Township, Transylvania County, North Carolina and more particularly described as follows:

Being all of Lot 80, Unit 8, of Connestee Falls Development as shown by a plat thereof recorded in Plat Book 4, Pages 74-74B, Records of Plats for Transylvania County, North Carolina. Together with improvements located thereon; said property being located at 266 Ugedaliyvi Court, Brevard, North Carolina.

Subject to the Declaration of Restrictive Covenants as recorded in Deed Book 189 Page 443, Transylvania County Registry, as amended by Amendment to the Declaration of Restrictive Covenants recorded in Deed Book 190, page 437, Transylvania County Registry, and all other valid amendments thereto, including the revised, amended and restated Declaration recorded in Deed Book 289, page 107, Transylvania County Registry, as amended by Amendment to the Declaration of Restrictive Covenants recorded in Deed Book 320, page 389, Transylvania County Registry and the Second Restatement of Declaration of Restrictive Covenants for Connestee Falls and recorded in Deed Book 413, Page 30, Records of Deeds for Transylvania County and by supplemental Declarations of Restrictive Covenants of record in Transylvania County Registry.

Subject to the right-of-entry retained in Deed Book 217, page 706, records of Transylvania County, North Carolina.

Subject to all easements, reservations, covenants, conditions, agreements of record if any.

Being the same premises as conveyed in Deed from Eileen R. Leary and husband, Leo F. Leary by through his Attorney-in-fact, Eileen R. Leary recorded 09/03/1998 in Book 436, Page 637 in said County and State.

Commonly known as: 266 Ugedaliyvi Ct, Brevard, NC 28712

Trustee may, in the Trustee’s sole discretion, delay the sale for up to one hour as provided in N.C.G.S. §45-21.23.

Should the property be purchased by a third party, that party must pay the excise tax, as well as the court costs of Forty-Five Cents ($0.45) per One Hundred Dollars ($100.00) required by N.C.G.S. §7A-308(a)(1).

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/security agreement, or both, 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 being offered for sale, and any and all responsibilities or liabilities arising out of or in any way relating to any such condition are expressly disclaimed. Also, this property is being sold subject to all taxes, special assessments, and prior liens or prior encumbrances of record and any recorded releases. Said property is also being sold subject to applicable Federal and State laws.

A deposit of five percent (5%) of the purchase price, or seven hundred fifty dollars ($750.00), whichever is greater, is required and must be tendered in the form of certified funds at the time of the sale.

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 its sole discretion, if it 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.

 
 

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