SPECIAL REFEREE
NOTICE OF SALE
2018-CP-20-00028
BY VIRTUE of a decree heretofore granted in the case of: JPMorgan Chase Bank, National Association vs. Inga B. Black; Lloyd M. Black; et al., I, the undersigned Carol A. Tolen, Special Referee for Fairfield County, or his designee will sell on Monday, December 3, 2018 at 11:00 AM, at the County Courthouse, 101 South Congress Street, Winnsboro, SC 29180, to the highest bidder:
All that certain piece, parcel or tract of land, situate, lying and being in the County of Fairfield, State of South Carolina, containing 6.60 acre, more or less, being more particularly shown as a portion of the property shown on a plat prepared for Isadore E. Lourie by Glenn Associates Land Surveying Company dated November 17, 1993 which is recorded in the Office of the Clerk of Court for Fairfield County in Plat Slide 510 at Page 896; said property being further shown on a plat prepared for Eddie J. Vaughn and Robin V. Vaughn by Cox and Dinkins, Inc., dated December 1, 1998 and recorded in Slide 594 at Page 1736. All measurements being a little more or less.
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Please note that the above description has been modified to correct a minor, immaterial clerical error in the legal regarding the lot reference, plat reference, and surveyor reference.
This being the same property conveyed to Lloyd M. Black and Inga B. Black by deed of EMC Mortgage Corporation, dated November 18, 2008 and recorded November 24, 2008 in Book 932 at Page 179 in the Office of the Clerk of Court for Fairfield County.
TMS No. 215-00-00-026-000
Property address: 701 Cedar Lakes Drive, Blythewood, SC 29016
TERMS OF SALE: The successful bidder, other than the Plaintiff, will deposit with the Special Referee, at conclusion of the bidding, five percent (5%) of said bid is due and payable immediately upon closing of the bidding, 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 non-compliance. In the event of a third party bidder and that any third party bidder fails to deliver the required deposit in certified (immediately collectible) funds with the Office of the Special Referee, said deposit being due and payable immediately upon closing of the bidding on the day of sale, the Special Referee will re-sell the subject property at the most convenient time thereafter (including the day of sale) upon notification to counsel for Plaintiff. Should the last and highest bidder fail or refuse to comply with the balance due of the bid within 30 days, then the Special Referee may re-sell the property on the same terms and conditions on some subsequent Sales Day (at the risk of the said highest bidder).
No personal or deficiency judgment being demanded, the bidding will not remain open after the date of sale, but compliance with the bid may be made immediately.
Purchaser to pay for documentary stamps on Special Referee’s Deed. The successful bidder will be required to pay interest on the balance of the bid from the date of sale to date of compliance with the bid at the rate of 5.750% per annum.
The Plaintiff may waive any of its rights, including its right to a deficiency judgment, prior to sale.
The sale shall be subject to taxes and assessments, existing easements and restrictions of record.
This sale is subject to all title matters of record and any interested party should consider performing an independent title examination of the subject property as no warranty is given.
The sale will not be held unless either Plaintiff’s attorney or Plaintiff’s bidding agent is present at the sale and either Plaintiff’s attorney or Plaintiff’s bidding agent enters the authorized bid of Plaintiff for this captioned matter. In the alternative, Plaintiff’s counsel, if permitted by the Court, may advise this Court directly of its authorized bidding instructions. In the event a sale is inadvertently held without Plaintiff’s Counsel or Counsel’s bidding agent entering the authorized bid of Plaintiff for this specifically captioned matter, the sale shall be null and void and the property shall be re-advertised for sale on the next available sale date.
Neither the Plaintiff nor its counsel make representations as to the integrity of the title or the fair market value of the property offered for sale. Prior to bidding you may wish to review the current state law or seek the advice of any attorney licensed in South Carolina.
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Carol A. Tolen
Special Referee for Fairfield County
Scott and Corley, P.A.
Attorney for Plaintiff
11/15/18, 11/21/18, 11/29/18
