NOTICE OF SALE FOR PROPERTY LOCATED IN FAIRFIELD COUNTY. FAIRFIELD COUNTY LIS PINDENS NO.2016-LP-20-048 RELATED TO LANCASTER COUNTY CASE NO.2016-CP-29-1216

NOTICE OF SALE

For Property Located in Fairfield County

Fairfield County Lis Pendens No. 2016-LP-20-048

Related to Lancaster County Case No. 2016-CP-29-1216

 

BY VIRTUE of that certain Decree of the Court of Common Pleas for Lancaster County, South Carolina, heretofore granted in the case of Founders Federal Credit Union vs. Robert D. Young, Lissa F. Young, Donna W. Fox and South Carolina Department of Revenue, which includes property located in Lancaster County, South Carolina and Fairfield County, South Carolina I, the undersigned Special Referee for Fairfield County, South Carolina or my agent, will sell on April 3, 2017, at 11:00 a.m., at the Fairfield County Courthouse, Fairfield, South Carolina, to the highest bidder, the following described property:

All that certain piece, parcel or lot of land lying, being and situate in Fairfield County, South Carolina, fronting on the west side of the Catawba River south of the Duke Energy Rocky Creek Hydro Electric Station, being shown, described and designated as Lot 16, containing 1.47 acres on plat of survey entitled “Final Plat of Debutary Point on Lake Wateree” prepared by William T. Sanford, Jr., SCPLS dated April 19, 2002 recorded on Plat Slide 605 at Pages 619 and 620 in the Office of the Clerk of Court for Fairfield, South Carolina, which plat is incorporated herein by reference.

DERIVATION: Being the identical property conveyed to Robert D. Young and Lissa F. Young by Deed of Diamond Pointe, LLC dated September 9, 2002 and recorded September 13, 2002 in Deed Book RU at Page 289 in the Office of the Register of Deeds for Fairfield County, South Carolina.

TMS: TMS: 27-04-0217

ADDRESS: 605 Living Waters Drive, Great Falls, South Carolina

TERMS OF SALE: The successful bidder, other than Plaintiff, will deposit with the Special Referee or his agent, at the conclusion of the bidding, five (5%) percent of the bid, in cash or equivalent, as evidence of good faith, same to be applied to purchase price in case of compliance, but to be forfeited and applied first to costs and then to Plaintiff’s debt in the case of noncompliance. Should the last and highest bidder fail or refuse to make the required deposit at the time of the bid or comply with the other terms of the bid within twenty (20) days, then the Special Referee or his agent may resell the property on the same terms and conditions on some subsequent sales day at the risk of the said highest bidder.

The sale shall be subject to Fairfield County taxes and assessments and to existing easements and restrictions of record.

Purchaser to pay for the preparation of the Deed, documentary stamps on the Deed, recording of the Deed, and interest on the amount of the bid from date of sale to date of compliance with the bid at the contract rate of interest.

Attention is drawn to the Court Order on file with the Clerk of Court for Lancaster County. The terms and conditions of the actual Court Order, to the extent of any inconsistencies, control over any terms or conditions contained in the Notice of Sale.

As a deficiency judgment is being demanded, the bidding will remain open for thirty (30) days after the date of sale as provided by law. PLAINTIFF RESERVES THE RIGHT TO WAIVE THE DEFICIENCY UP TO AND INCLUDING THE DATE OF SALE.

If Plaintiff or its representative does not appear at the scheduled sale of the above-described property, then the sale of the property will be null, void and of no force and effect. In such event, the sale will be rescheduled for the next available sales day.

 

The Honorable William C. Keels

Special Referee for Lancaster County

Chester, South Carolina

March 2, 2017

 

Suzanne Taylor Graham Grigg

NEXSEN PRUET, LLC

Post Office Drawer 2426

Columbia, South Carolina 29202

(803) 771-8900

Attorneys for Plaintiff