NOTICE OF FORECLOSURE SALE 19 SP 392 Under and by virtue of the power of sale contained in a certain Deed of Trust made by Ronald Bowser, Jr., Susan Bowser (PRESENT RECORD OWNER(S): Ronald Bowser, Jr.) to William R. Echols, Trustee(s), dated October 16, 2007, and recorded in Book No. 1334, at Page 2028 in Rockingham County Registry, North Carolina, default having been made in the payment of the promissory note secured by the said Deed of Trust and the undersigned, Substitute Trustee Services, Inc. having been substituted as Trustee in said Deed of Trust by an instrument duly recorded in the Office of the Register of Deeds Rockingham County, North Carolina and the holder of the note evidencing said indebtedness having directed that the Deed of Trust be foreclosed, the undersigned Substitute Trustee will offer for sale at the courthouse door in Wentworth, Rockingham County, North Carolina, or the customary location designated for foreclosure sales, at 2:30 PM on September 8, 2020 and will sell to the highest bidder for cash the following real estate situated in Mayodan in the County of Rockingham, North Carolina, and being more particularly described as follows: BEGINNING at an iron set in the northern margin of Jackson Street in the Town of Mayodan, said iron being South 66 deg. 06′ East 278.90 feet from an old iron marking the northeast intersection of Tenth Avenue and Jackson Street; thence along the eastern boundary of K.V. Reid (Deed Book 382, page 562), North 23 deg. 20′ East 316.00 feet (passing through an iron in line at 292.58 feet) to a point in a branch; thence along the meanders of the branch (the center of the branch being the actual property line) a chord South 39 deg. 34′ East 90.61 feet to a point in the branch; thence along Lewis L. Coleman’s west boundary (Deed Book 596, page 189), passing through an iron at 10.46 feet, South 23 deg. 47′ West 275.50 feet to an old iron in the northern margin of Jackson Street; thence along the northern margin of Jackson Street, North 66 deg. 06′ West 78.50 feet to the point and place of beginning, and containing 0.54 acres, more or less, as shown on a plat prepared by Kenneth A. Vaughn, RLS., dated November 3, 1978 and revised on January 14, 1985, said plat being incorporated herein by reference for a more complete description. Together with improvements located thereon; said property being located at 803 West Jackson Street, Mayodan, North Carolina. The above being the identical tract of land conveyed by Lisa B. Shelton and husband, David L. Shelton to Margaret E. Connelly, dated January 21, 1985 and recorded in Book 768, page 1563, Rockingham County Registry. For further reference see Deed Book 1261, page 43, Rockingham County Registry. (kru2.101607) Parcel ID Number: 119535 The Deed of Trust was modified by the following: A Loan Modification recorded on April 13, 2017, in Book No. 1523, at Page 789. Trustee may, in the Trustee’s sole discretion, delay the sale for up to one hour as provided in N.C.G.S. §45-21.23. Should the property be purchased by a third party, that party must pay the excise tax, as well as the court costs of Forty-Five Cents ($0.45) per One Hundred Dollars ($100.00) required by N.C.G.S. §7A-308(a)(1). The property to be offered pursuant to this notice of sale is being offered for sale, transfer and conveyance “AS IS, WHERE IS.” Neither the Trustee nor the holder of the note secured by the deed of trust/security agreement, or both, being foreclosed, nor the officers, directors, attorneys, employees, agents or authorized representative of either the Trustee or the holder of the note make any representation or warranty relating to the title or any physical, environmental, health or safety conditions existing in, on, at or relating to the property being offered for sale, and any and all responsibilities or liabilities arising out of or in any way relating to any such condition are expressly disclaimed. Also, this property is being sold subject to all taxes, special assessments, and prior liens or prior encumbrances of record and any recorded releases. Said property is also being sold subject to applicable Federal and State laws. A deposit of five percent (5%) of the purchase price, or seven hundred fifty dollars ($750.00), whichever is greater, is required and must be tendered in the form of certified funds at the time of the sale. If the trustee is unable to convey title to this property for any reason, the sole remedy of the purchaser is the return of the deposit. Reasons of such inability to convey include, but are not limited to, the filing of a bankruptcy petition prior to the confirmation of the sale and reinstatement of the loan without the knowledge of the trustee. If the validity of the sale is challenged by any party, the trustee, in its sole discretion, if it believes the challenge to have merit, may request the court to declare the sale to be void and return the deposit. The purchaser will have no further remedy. Additional Notice for Residential 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 N.C.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 the notice of foreclosure 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 this 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. SUBSTITUTE TRUSTEE SERVICES, INC. SUBSTITUTE TRUSTEE c/o Hutchens Law Firm P.O. Box 1028 4317 Ramsey Street Fayetteville, North Carolina 28311 Phone No: (910) 864-3068 https://sales.hutchenslawfirm.com Firm Case No: 1312 – 2141



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