• NORTH CAROLINA IN THE GENERAL ...

NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE MECKLENBURG COUNTY BEFORE THE CLERK 17 SP 1070 IN RE: FORECLOSURE OF A LIEN HELD BY KINGSTREE RESIDENTIAL ASSOCIATION, INC, FOR PAST DUE ASSESSMENTS UPON 8012 PONDEROSA PINE LANE CHARLOTTE, NORTH CAROLINA, AKA BEING ALL NOTICE OF FORECLOSURE OF LOT 450 OF KINGSTREE SUBDIVISION, PHASE 5, SALE OF REAL ESTATE MAP 2, AS RECORDED IN MAP BOOK 46, PAGE 721 OF THE MECKLENBURG COUNTY REGISTRY, WHICH IS TITLED TO: LOUIE PERKINS, III Foreclosure of Lien filed with the Clerk of Superior Court on January 31, 2017, file #17 M 662. Under and by virtue of the power and authority contained in that certain Declaration of Covenants, Conditions and Restrictions for Kingstree Residential Association, Inc and recorded in the Office of the Register of Deeds for Mecklenburg County, North Carolina in Book 12739, Page 855, and because of default in the payment of the indebtedness thereby secured and pursuant to the demand of the owner and holder of the indebtedness secured by said Lien, and pursuant to the Order of the Clerk of Superior Court for Mecklenburg County, North Carolina, entered in this foreclosure proceeding, Black, Slaughter & Black, PA (f/k/a Rossabi Black Slaughter, PA), the appointed Trustee, will expose for sale at public auction on June 26, 2017, at 10:30 AM at the usual place of sale at the Mecklenburg County Courthouse, Charlotte, North Carolina, the following described real property (including the house, if any and any other improvements thereon): Being all of Lot 450 of Kingstree subdivision, Phase 5, Map 2, as recorded in Map Book 46, Page 721 of the Mecklenburg County Registry. Property address: 8012 Ponderosa Pine Lane, Charlotte, NC 28215. Present Owner(s): Louie Perkins, III . The sale will be made subject to all prior sales and releases and to all deeds of trust, liens, unpaid taxes, restrictions, easements, assessments, leases, and other matters of record, if any. Pursuant to N.C.G.S §45-21.10(b), any successful bidder will be required to deposit with Black, Slaughter & Black, PA, the Trustee, immediately upon conclusion of the sale a cash deposit not to exceed the greater of Five Percent (5%) of the bid amount or Seven Hundred Fifty Dollars ($750.00). Any successful bidder shall be required to tender the full balance of the purchase price in cash or certified check at the time Black, Slaughter & Black, PA, 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 of the purchase price so bid at the time, he shall remain liable on his bid as provided for in N.C.G.S §45-21.30(d) and (e). This sale will be held open ten (10) days for upset bids as required by law. 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 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 no more than 90 days, after the sale date contained in the notice of sale, provided that the mortgagor has not cured the default at the time the tenant provides the notice of termination. The notice shall also state that 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. OF COUNSEL: BLACK, SLAUGHTER & BLACK, P.A., Post Office Box 41027, Greensboro, North Carolina 27404-1027. Telephone: (336) 378-1899. Signed: June 9, 2017 Steven E. Black, Attorney for the Trustee LP3120803