Details for McDowell


NORTH CAROLINA MCDOWELL COUNTY Special Proceedings No. 19 SP 73 Substitute Trustee: Philip A. Glass NOTICE OF FORECLOSURE SALE Date of Sale: September 24, 2019 Time of Sale: 3:00 pm Place of Sale: McDowell County Courthouse Description of Property: See Attached Description Record Owners: Maureen E. Reel and Heirs of Roger Reel Address of Property: 156 Peachtree Street Marion, NC 28752 Deed of Trust: Book: 974 Page: 683 Dated: September 16, 2008 as modified by the Affidiavit of Correction in Deed Book 1018 Page 316 Grantors: Roger Reel and Maureen Reel Original Beneficiary: Mountain 1st Bank & Trust 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: 08/27/2019 Philip A. Glass, Substitute Trustee Nodell, Glass & Haskell, L.L.P. Posted on 08/27/2019 Being Lots Nineteen A. (19) and Twenty B. (20B) deeded by Dr. B. L. Ashworth and wife, Hattie Ashworth to Jeff Johnson and wife, Blanche Johnson, said lots being in Block A as Shown on Map No. 6 fronting on Peachtree Street, and reference is hereby made for a more complete description of said property to a map of the J. L. Morgan property recorded In the office of the Resister of Deeds of McDowell County, N.C. in map book No. 1 page 56. Subject to all easements, reservations, covenants, conditions, agreements of record if any. Being the same property as conveyed in a deed dated August 19, 1996 from Cora Lee Owensby, widow, to Roger L. Reel and wife, Maureen E. Reel, and which is recorded 08/20/1996 in McDowell County Deed Book 516 at Page 263. Commonly known as: 156 Peachtree St., Marion, NC, 28752 PARCEL 0792-00-93-8968 Publish: September 13 and September 20, 2019.