Details for Trustee Sale of 2200 Preston Street

Updated

TRUSTEE'S SALE 2200 Preston Street (incorrectly recited as 2202 Preston Street in deed of trust), Lynchburg, VA 24504 Parcel ID 04809009 Pursuant to the terms of a deed of trust dated June 30, 1999, in the original principal amount of $41,500.00, recorded in the Clerk's Office of the Circuit Court of the City of Lynchburg, Virginia, in Deed Book 1093, Page 324, as modified by Modification of Deed of Trust recorded as Instrument No. 120008193, the property briefly described below will be offered for sale at public auction: Lot 1 as shown on the Plat Showing Lots 1 & 2, Resubdivision of Lot 93, Map of Part of Tyrees Addition, recorded in the aforesaid Clerk's Office in Deed Book 995, Page 570, and as more particularly described in the referenced deed of trust. The sale will take place on JUNE 25, 2021, AT 2:35 P.M., at the front of the building housing the Circuit Court of the City of Lynchburg, located at 900 Court Street, Lynchburg, VA. The undersigned reserves the right to suspend bidding and/or to adjourn the bidding prior to the completion of sale. The property and the improvements thereon will be sold "AS IS" and without representation or warranties of any kind. The sale is subject to all liens, encumbrances, conditions, easements and restrictions, if any, superior to the mentioned deed of trust and lawfully affecting the property. Terms: A deposit in the form of CERTIFIED FUNDS in the amount of 10% of the successful bid is required of any bidder at the time of sale. Closing within fifteen (15) days of sale. If the payment of the balance does not occur within fifteen days of sale, the deposit shall be retained by the Trustee as liquidated damages. Time is of the essence. Trustee has no duty to obtain possession for purchaser. The risk of loss or damage to the property passes to the purchaser immediate upon conclusion of the Substitute Trustee's sale. Additional terms may be announced at sale. Purchaser to pay all closing costs. Sale subject to lender confirmation. James A. Evans, Attorney At Law, PLC, Substitute Trustee FOR INFORMATION CONTACT: James A. Evans, Attorney At Law, PLC, Substitute Trustee, 2101 Parks Avenue, Suite 301, Virginia Beach, VA 23451. 1 757 437 9500 (2100059).

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