Legals

08-SP-218 : Tony’s North Beach Services, LLC : Legals

NOTICE OF SALE
OF REAL ESTATE
BY SUBSTITUTE TRUSTEE

NORTH CAROLINA
COUNTY OF CURRITUCK
IN THE GENERAL COURT
OF JUSTICE - SUPERIOR COURT DIVISION BEFORE THE CLERK
FILE NO. 08-SP-218
In the matter of the foreclosure of the deed of trust of TONY’S NORTH BEACH SERVICES, LLC, Grantor,
TO:
LAURA F, MEADS, Substitute Trustee
As recorded in Book 1039 at page 460 of the Currituck County Registry. See Substitution of Trustee as recorded in Deed Book 1065, Page 807, Currituck County Registry, appointing Laura F. Meads as Substitute Trustee.
TO: Tony’s North Beach Services, LLC; c/o Anthony Politi, Registered Agent; P.O. Box 551; Corolla, NC 27927
Anthony J. Politi; P.O. Box 551; Corolla, NC 27927
Nichole L. Politi; P.O. Box 551; Corolla, NC 27927
Under and by virtue of the power and authority contained in that certain deed of trust executed and delivered by the above-named Grantors to GBTC, Inc. dated February 28, 2008 filed for record on February 28, 2008, securing indebtedness in the original principal amount of $416,000.00 as recorded in Deed Book 1039 at Page 460-470, Currituck County Registry (hereinafter, the “Deed of Trust”), and because of the default in the payment of the indebtedness thereby secured and the failure to carry out or perform the stipulations and agreements therein contained and pursuant to the demand of the owner and holder of the indebtedness secured by the Deed of Trust, and pursuant to the Order of the Clerk of Superior Court of Currituck County, North Carolina, entered in this foreclosure proceeding, the undersigned Laura F. Meads, Substitute Trustee, will expose for sale at public auction on December 18, 2008 at 10:00 a.m. at the usual place of sale as designated by the Clerk of Court for foreclosure sales at the Currituck County Courthouse, Currituck, North Carolina, the real property in City of Corolla, Poplar Branch Township, Currituck County, North Carolina (including any improvements thereon), with the address of 1256 Crystal Lake Ct.,Corolla, North Carolina 27927, and as described as follows:
Lot 33, as shown and delineated on a plat entitled “The Villages at Ocean Hill, P.U.D., Phase I” recorded in the office of the Register of Deeds ofCurrituck County, North Carolina, in Plat Cabinet D, Slides 150 through 157.
The sale will be made subject to all prior liens, unpaid taxes, restrictions and easements of record and assessments, if any.
The record owner of the above-described real property as reflected on the records of the County Register of Deeds not more than ten (10) days prior to the posting of this Notice is:
Tony’s North Beach Services, LLC
1256 Crystal Lake Ct.
Corolla, North Carolina 27927
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 County Clerk of Superior Court.
Any person who occupies the property pursuant to a rental agreement entered into or renewed on or after October 1, 2007 may, after receiving this notice of the sale, terminate the rental agreement upon 10 days written notice to the landlord. Upon tennination of a rental agreement, the tenant is liable for rent due under the rental agreement prorated to the effective date of the tennination.
Pursuant to N.C. Gen. Stat. §45-21.10(b), and the terms of the Deed of Trust, any successful bidder may be required to deposit with the Trustee immediately upon conclusion of the sale a cash deposit of the greater of five percent (5%) of the amount bid or Seven Hundred Fifty Dollars ($750.00). Any successful bidder shall be required to tender the full balance purchase price so bid in cash or certified check at the time the 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 the time, he shall remain liable on his bid as provided for in N.C.Gen.Stat. §45-21.30(d) and (e).
This sale will be held open ten (10) days for upset bids as required by law.
This the 26th day of November, 2008.
SHARP MICHAEL GRAHAM and EVANS, L.L.P.
Laura F. Meads, Substitute Trustee
Post Office Drawer 1027
Kitty Hawk, North Carolina 27949
Telephone: (252) 261-2126
N.C.S.B. No. 36935
12/7, 12/14

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