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' NORTH CAROLINA'
DURHAM COUNTY . .
FILE NO. 82 SP 778 '
NOTICE OF SALE
UNOER AND BY VIRTUE of the ,
'power of sale contained In a cer
tain Deed of Trust executed by
Tom Davis and wife, Marjory H.
Davis, dated June 26. 1979. and
rwnrriMt in Mnrtaaoe Book 1005.
. at page 282. in the 'office of the
Register of Deeds of Durham
r.mintv North Carolina, and
because of the default having-been
made m the payment of the In
debtedness thereby secured ar4
said Deed of Trust ;belng by tNe,
terms thereof v subject to
foreclosure, and by Order of the
Clerk of Superior Court of Durham
County in 82 SP 778, the under
signed will offer for sale at public
auction to the highest bidder, for
cash, at the door of the Durham
County Judicial ' Building in
: Durham, North Carolina, at 12:00
o'clock. NOON, on the 20th day of
October: 1982. the property con
veyed in said Deed of Trust, the
same lying and being in the Coun
ty of Durham, State of North
" Carolina, In City Township, and
more particularly . described as
follows:
TRACT 1: BEGINNING at a
stake on the west side of '
Alston Avenue 56.5 feet south
from the smith sirln nf Dnriraa
Street, at the southeast corner '
of Lot No. 1, and running
thence alongl and with the
south line of said lot in a
' westerly direction 145 feet to a
stake in the east line of Lot
No.2: thence along and with
the east line of said lot in a
southerly direction 56.04 feet
to a stake, northwest corner of
Lot No. 27; thence alona and
' with the north line of saiolot In
an easterly direction 145.1
feet to a stake on the west side
of Alston Avenue: thence along
and with the west side of said
Alston Avenue. North 21 degs.
18' East 56 feet to a stake, the
point of BEGINNING, and be-
. ing Lot No. 28 of the J.A. War
ren Property as per plat and
survey thereof now on file in
the Office of the Register of
Deeds of Durham County in'
Plat Book 3. at page 130. to
which reference is hereby
made for a more particular
description of same. See deed
dated May 6. 1925 from M.F.
, Scott and wife. Minnie L. Scott
and C.B. Roberts (unmarried)
to W.R. Stansbury and wife.
Lula Ruth Stansbury. recorded
in the office of the Register of
Deeds of Durham County, Plat
Book 74. at page 341.
Tract II: BEGINNING at stake
on the west side of Alston
Avenue 112.5 feet in a
' southerly direction from the
south side of Dupree Street,
and running thence North 62
, degs. 30' ftfest 145.1 feet toa
stake: thence in a southerly .
direction 56 feet to a stake:
thence outh 62 degs. 30'
East 145.2 feet to a stake on
the side of Alston Avenue;
thence along and with the west
side of said Alston Avenue in a
northerly direction 56 feet to a
stake, the point of BEGINN
ING, and being Lots No. 4 and
5 ot the Alston Avenue Shipp
Property as per plat and
survey thereof now on file int
eh office of the Register of
Deeds of Durham County in
Rat Book 3. at page 135.' to
which reference Is hereby
made for a more particular
description of same. See Deed
from E.J. Utley and wife. Viola
Utley to Alice M. Pirie. dated
July 14. 1926 and recorded in
the said office of the Register
of Deeds of Durham County in
Deed Book 82. at page 352.
Also see deed from C E
Phillips and wife. Frances H.
Phillips to W.R. Stansbury and
wife. Lula High Stansbury,
dated November 19. 1945 and
recorded in the office of the'
Register of Deeds of Durham
County. Plat Book 162. at page
402.
SAVING AND EXCEPTING
from this conveyance is that
property conveyed for street
widening purposes as shown
on Plat recorded In Plat Book
18. at page 141. and Plat Book
77. at page 36. Office of the
Durham County Registry.
The record owners of the above
described real property as
reflected on! the records of the
Durham County Register of Deeds
not more than ten (10) days prior
to the posting of this Notice are
Tom Davis and wife. Marjory H.
Davis.
Pursuant to North Carolina
General Statue 45-21. 10(b). and
the Deed of Trust, any successful
bidder may be required to deposit
, with the Trustee immediately upon
conclusion of the sale of a cash
deposit of ten percent (10) of
the bid up to and Including
S1.000.00 plus five percent (5)
of any excess over $1,000.00.
Any successful bidder shall be re
oulred to tender' tha full balance
purchase price so bid in cash or
certified check at the time the
Trustee tenders to him a deed for
I the property or attempts to tender
such deed, and should said suc
cessful 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 North
Carolina General Statute
45-21. 30(d) and (e).
THIS PROPERTY will be sold
subject to all prior encumbrances
and taxes and all 1983 ad valorem
taxes and assessments.
This sale will remain open for
i ten (10) days to receive increased
bids, as required by law.
Dated this 26th day of
September. 1982.
W. J. Walker. Jr.
Trustee
; William A. Marsh, Jr.
'Attorney
' PUBLICATION DATES
THE CAROLINA TIMES
October 9 and 16. 1982.
WaVVelcoms
Your flews
. News about events In
your community should be
In our office not later than
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week of publication f
We WILL tCJ ouarart
the return cf AinsolkS
photographs.-" I