NOTICE OF TRUSTEE’S SALE
1012 Purcell Road, Lebanon, Virginia 24266
In execution of that certain deed of trust in the original principal amount of $63,280.00 dated September 30, 1994 and recorded among the land records of Russell County, in Deed Book 427, Page 421 and subsequent modifications or re-recordings, if any, as amended by an instrument appointing the undersigned as Substituted Trustee dated in the land records of Russell County, Virginia, default having been made in the payment of the indebtedness thereby secured and having been requested to do so by the holder of the note evidencing the said indebtedness, the undersigned Substituted Trustee will offer for sale at public auction in front of the Russell County Courthouse located at 53 Main Street, Lebanon, VA 24226, on:
August 13, 2026 at 11:00 AM
The property described in said deed of trust located at the above street address, and more particularly described as:
The following described tract or parcel of land with improvements thereon, to-wit:
All that certain tract or parcel of land, situate, lying and being in the Lebanon Magisterial District of Russell County, Virginia, in the Crossroads Community, and designated as Lot No. Fourteen (14), as shown on a plat prepared by D. R. Price Engineering & Land Surveying, Inc., dated March 14, 1994, entitled “Russell Hills Subdivision”, which is of record in the Russell County Circuit Court Clerk`s Office in Plat Cabinet 1, at Slide 217-G, and being more particularly described as follows:
Beginning at an iron pin set in the northern right of way line of State Route No. 674, and in the southwest corner of Lot No. 15. thence with the common boundary line of Lot No. 14 and Lot No. 15 S 25 30 18 W (reversed) 251.89 feet to an iron pin in the northwest corner of Lot No. 15 and in the line of Lot No. 17; thence, with the common boundary line of Lot No. 17 S 64 29 42 E (reversed) 100 feet to an iron pin set in the northeast corner of Lot No. 13 and in the boundary line of Lot No. 17; thence with the common boundary line of Lot No. 13 S 25 30 18 W 226.93 feet to an iron pin set in the northern boundary line of State Route N. 674; thence with the northern boundary line of State Route No. 674 N 50 29 00 W (reversed) 103.07 feet to the point of Beginning.
TERMS OF SALE: Cash or certified funds. A non-refundable deposit of ten percent (10%) of the successful bid price, payable in cash or by certified or cashier’s check to the undersigned will be required of the successful bidder at time of sale. Terms of sale to be complied with within 14 days from date of sale or deposit will be forfeit and property will be resold at costs of defaulting purchaser. All real estate taxes to be adjusted as of date of sale. Seller shall not be responsible for any costs incurred by the purchaser in connection with their purchase or settlement, including, without limitation, state and local recording fees, title insurance or research, or any other costs of purchaser’s acquisition. The property and the improvements thereon will be sold as is, without representations or warranties of any kind. The sale is subject to all other liens, encumbrances, conditions, easements and restrictions, if any, superior to the aforesaid deed of trust and lawfully affecting the property. Trustee shall have no duty to obtain possession for purchaser. All risks of casualty pass to successful bidder at conclusion of bidding. Sale is subject to post-sale confirmation that the borrower did not file for protection under the U.S. Bankruptcy Code prior to the sale, as well as to post-sale confirmation and audit of the status of the loan with the loan servicer including, but not limited to, determination of whether the borrower(s) entered into any repayment agreement, reinstated or paid off the loan prior to the sale. In any such event, the sale shall be null and void, and the Purchaser’s sole remedy, in law or equity, shall be the return of the Purchaser’s deposit without interest. Additional terms to be announced at the sale.
FOR INFORMATION CONTACT:
Terra Abstract Virginia, Inc.
1581 Main Street
Suite 200
Warrington, PA 18976
(215) 572-8111, M-F
Between 8:00AM – 5 P.M.
(VA202500000126)
In the event of postponement of the sale, which may be done at the discretion of the trustee, the date of the postponed sale will be announced at the sale. No new or additional notice will be provided other than the announcement at the sale.
LN-7-15-4t
