Details for McDowell


NORTH CAROLINA MCDOWELL COUNTY Special Proceedings No. 20 SP 17 Substitute Trustee: Philip A. Glass NOTICE OF FORECLOSURE SALE Date of Sale: October 27, 2020 Time of Sale: 2:00 p.m. Place of Sale: McDowell County Courthouse Description of Property: See Attached Description Record Owners: Samuel D. Gibson Address of Property: 386 Drucilla Church Road Nebo, NC 28761 Deed of Trust: Book: 1230 Page: 447 Dated: November 28, 2017 Grantors: Samuel D. Gibson, unmarried Original Beneficiary: State Employees' Credit Union CONDITIONS OF SALE: Should the property be purchased by a third party, that person must pay the tax of Forty-five Cents (45¢) per One Hundred Dollars ($100.00) required by N.C.G.S. §7A-308(a)(1). This sale is made subject to all unpaid taxes and superior liens or encumbrances of record and assessments, if any, against the said property, and any recorded leases. This sale is also subject to any applicable county land transfer tax, and the successful third party bidder shall be required to make payment for any such county land transfer tax. A cash deposit of 5% of the purchase price will be required at the time of the sale. 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 purchase price so bid at that time, he shall remain liable on his bid as provided for in North Carolina General Statutes Section 45-21.30 (d) and (e). This sale will be held open ten (10) days for upset bids as required by law. Residential real property with less than 15 rental units, including single-family residential real property: an order for possession of the property may be issued pursuant to 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. Any person who occupies the property pursuant to a rental agreement entered into or renewed on or after October 1, 2007, may, after receiving notice of 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 not more than 90 days, after the sale date contained in the notice of 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. Dated: 09/22/2020 Philip A. Glass, Substitute Trustee Nodell, Glass & Haskell, L.L.P. Posted on 09/22/2020 EXHIBIT A BEGINNING on an iron pin set, said iron pin being located South 64 deg. 05 min. West 208.71 feet from the Southwest corner of the Frank Adams acre tract of land as described in Deed Book 280 at page 615, and runs thence South 64 deg. 05 min. West 346.22 feet to an iron pin found; thence North 07 deg.00 min. 40 sec. East 580.27 feet to a railroad iron found in concrete; thence North 68 deg. 36 min. 40 sec. West 284.40 feet to a railroad iron found in concrete in the edge of the right of way os State Road #1758; thence with the edge of said right way North 32 deg. 30 min. East 272.05 feet to an iron pin set; thence South 27 deg. 15 min. East 659..22 feet to an iron pin set; thence South 18 deg. 28 min. 35 sec. East 181.07 feet to the BEGINNING, and containing 3.36 acres according to an unrecorded plat of survey prepared by Piedmont Surveying Company, Registered Land Surveyors, Valdese, North Carolina, dated July 1983, from which plat of survey all calls used in this description were taken. AND BEING THE SAME IDENTICAL PROPERTY conveyed and described in that certain Deed dated July 23, 2008 from HSBC Mortgage Services, Inc. To Annette W. Duncan, recorded in McDowell Deed Book 969, Page 994, to which deed reference is hereby made for greater certainty of description. PIN: 1649-00-46-7570 Property Address: 386 Drucilla Church Rd. Nebo, NC 28761 Publish:October 16, October 23, 2020