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NORTH CAROLINA
IN THE GENERAL COURT OF JUSTICE
SUPERIOR COURT DIVISION
WILKES COUNTY
BEFORE THE CLERK
11 SP 37
IN THE MATTER OF THE ESTATE
OF
NOTICE OF SALE
LEROY THOMAS WOOD, Deceased
(See Wilkes Estate File 07 E 120)
______________________________________________________________________________
Under and by virtue of an Order entered in the above
captioned Special Proceeding on January 4, 2012, by the Honorable Julia
Byrd, Assistant Clerk of Superior Court for Wilkes County, North
Carolina, the undersigned Commissioner, by and through Great State
Auction Company and, in particular, Randall Woodruff, will on Saturday,
February 11, 2012 at 1:00 p.m. on the grounds of the said real
property, specifically 334 Mountain View Road, North Wilkesboro, Wilkes
County, North Carolina, offer for sale to the highest bidder for cash,
that parcel lying in North Wilkesboro Township, Wilkes County, North
Carolina, more particularly described as follows:
BEGINNING on a stake on the east side of the Wilkesboro Traphill Road,
thence runs east 35 poles to a stone, thence North 3 degs. East 13
poles to a stone, Tedder’s corner, thence North 89 degs. West 200 feet
to a stone in the old road, thence South 89 degs. West 12 poles to a
stone on the bank of the Traphill Road, thence South 44 degs. West 8.8
poles South 36 degs. West 10.4 poles the BEGINNING, containing 2.4
acres, more or less.
See Book 722, Page 701, WCR.
Parcel ID # 1403108
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 successful (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, including the five percent (5%)
buyer’s premium as set out hereinafter, 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. Should the
successful bidder fail to pay the full balance of the purchase price so
bid at that time, and the five percent (5%) 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 North Carolina General Statutes.
5.Randall Woodruff of 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 five percent
(5%) 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 five percent (5%) 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 10th day of January, 2012.
_____________________________
Dennis R. Joyce, Commissioner
P.O. Box 834
Wilkesboro, North Carolina 28697
336/667-4111
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