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  Frame Home and Lot

153 E. Brocktown Rd Moravian Falls, NC 28621


Friday, February 15 ,2013
At 2 PM (On-Site)

Judicial Sale Procedure for  Wadean Pennell , Deceased
by Attorney Dennis R. Joyce, Commissioner
W Randall Woodruff, Broker/Auctioneer, Agent

10% Buyers Premium Applies to Purchase

HIGH BID - $15,750.00
LAST DAY TO UPSET - MARCH 14,2013 BY 5 PM

Property Description:  This small frame home of 960 sq ft more or less offers 2 or 3 Bedrooms, Eat-in Kitchen, Living Area, 1 Bath and Carport on a nice level lot. All located in beautiful Moravian Falls. This one ladies and gentleman is for avid fixer upper.  Wilkes County Tax Information System (GIS) Parcel ID#1100827. Current Tax Value $50,810.00. C-ya on the 15th @ 2PM!!


Directions: From Wilkesboro take NC Hwy 16 South passing the Central Wilkes Middle School and taking first left (across from Holy Mtn Farms), Brocktown Rd for 1/4 mile to sale site on left.
 

Watch for Direction Signs                                                                           Call 336-957-0926 if you get lost!
 

 

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TERMS AND CONDITIONS OF JUDICIAL SALE ARE AS FOLLOWS:

NORTH CAROLINA                                             IN THE GENERAL COURT OF JUSTICE
                                                                           SUPERIOR COURT DIVISION
WILKES COUNTY                                                          BEFORE THE CLERK
                                                                                       12 SP 356
 
IN THE MATTER OF THE ESTATE                                     
NOTICE OF SALE         
WADEAN PENNELL, Deceased,  
(See Wilkes File 12 E 282) 


Under and by virtue of an Order entered in the above captioned Special Proceeding on January 15, 2013, by the Honorable Julia Byrd, Assistant Clerk of Superior Court for Wilkes County, North Carolina, the undersigned Commissioner, by and through Randall Woodruff, t/d/b/a Great State Auction Company, will on Friday, February 15, 2013 at 2:00 pm on the grounds of the said  real  property, specifically 153 East Brocktown Road, Moravian Falls, Wilkes County, North .Carolina, offer for sale to the highest bidder for cash (or certified bank check), that parcel, as well as all personal property therein, lying in Moravian Falls Township, Wilkes County, North Carolina, more particularly described as follows:

          Beginning at an iron stake on the North bank of the Brocktown Road this
          being the old Clate Edsel corner, and runs with the margin of Brocktown
          Road South 76 degrees East 80 feet to an iron stake on the margin of said      
          Brocktown Road, this being a new corner in the Clate Edsel line; then runs a new
          line North 13 degrees and 2 minutes East 200 feet to an iron stake at a new
          corner; then runs a new line North 76 degrees West 80 feet to an iron stake in
          Clate Edsel's old line; then runs with said Clate Edsel line South 13 degrees and 2
          minutes West 200 feet to the beginning, containing 16000 square feet more or
          less or 36/100 of an acre.
          See Book 498, Page 017, Wilkes County Registry (WCR).

          Parcel ID # 1100827


The property will be sold at public auction, subject to the following conditions:

1. The property shall be sold "AS IS, WHERE IS". The undersigned makes no representations or  warranties relating to  the title or any  physical, environmental, health or safety conditions existing in, on, at or relating to the said property, and any and all responsibilities or liabilities arising out of or in any way relating to any such condition are expressly disclaimed. This sale will be made subject to all rights-of­ way, easements, prior liens and judgments of record, and to all unpaid taxes and special assessments, if any.

2.   The succcessful (highest) bidder shall be required to make a cash deposit at the time of sale  in the amount  of  5% of the  highest  bid.   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 undersigned Commissioner tenders or attempts to tender to the successful bidder a deed for the property.   Additionally, any successful bidder shall be  required  to  tender  the  full  ten  percent  (10%)  buyer's   premium  to  Randall Woodruff, t/d/b/a Great State Auction, at or before the time the undersigned commissioner tenders, or attempts to tender, to the successful  bidder, a deed for the property.   Should  the successful  bidder fail to pay the full balance of the purchase price so bid at that time, and the ten percent (10%) buyer's  premium, the successful bidder shall remain liable on the bid as by law provided.
3.  This sale shall be held open for upset bids as by law provided.

4.   This sale is made pursuant to Chapter 1, Article 29A of the N.C. General Statutes.

5.  Randall   Woodruff,  t/d/b/a  Great  State  Auction  Company,   is  the  agent  of  the undersigned commissioner.   Broker and seller have agreed that this sale is to be conducted by including a buyer's  premium of ten percent (10%) upon the final high bid price accepted by the Court.   The actual contract sales price shall be the sum of the confirmed  high  bid plus the buyer's premium of ten percent (10%) of the said high bid.  Any bidder acknowledges and agrees that inclusion and/or payment of the buyer's  premium shall  not make  broker the agent of the  bidder/buyer  and that the broker continues as the agent of the commissioner in the sale of said property.

6.   The successful bidder's  inability to secure a loan for the balance of the sale proceeds is not an excuse to void the sale/purchase.

 
This the 22nd day of January, 2013.
 

                                                                          Dennis R Joyce, Commissioner
                                                                          P.O. Box 834
                                                                          Wilkesboro, North Carolina  28697
                                                                          Telephone:  336/667-4111
 
PUBLICATION DATES:  2/4/13, 2/11/13

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