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Home My WebLink AboutSW6231112_Property Deed_20240117 2011011040 FOR REGISTRATION REGISTSR OF DEEDS KIMBERLY S. HARGROVE 20i JUl 29 04:4$:04 PM HARNETT COUNTY TAX ID# BI(;2941 PG:263-276 FEE:$52.00 NC REV STAMP:$l96.00 c)/9 - ( BY This Deed Prepared by Reginald B. Kelly, Attorney at Law , P.O. Box 1118, Lillington, NC PID#: 130600 0094 REVENUE STAMPS:$196.00 STATE OF NORTH CAROLINA WARRANTY COUNTY OF HARNETT DEED This WARRANTY DEED is made the 22nd day of July, 2011, by and between David W. Kelly and wife, Tamara L. Kelly and Daniel C. Kelly and wife, Kimberly Q. Kelly, of 508 Thomas Kelly Road, Sanford, NC 27330 (hereinafter referred to in the neuter singular as "the Grantor") and Michael Eaker, of PO Box 9321, Fayetteville, NC 28311 (hereinafter referred to in the neuter singular as "the Grantee"); WITNESSETH: THAT said Grantor, for valuable consideration, receipt of which is hereby acknowledged, has given, granted, bargained, sold and conveyed, and by these presents does hereby give, grant, bargain, sell and convey unto said Grantee, its heirs, successors, administrators and assigns, all of that certain piece, parcel or tract of land situate, lying and being in Upper Little River Township of said County and State, and more particularly described as follows: Being all of that certain tract containing 40.477 acres as shown on plat entitled, "Daniel C. Kelly", dated 03-07-83, revised 05-22-87, prepared by C. E. Robertson, RLS and recorded in Plat Cabinet c,Slide 176-D, Harnett County Registry. For further reference to chain of title see Book 743, Page 452 and Book 1001, Page 209, Harnett County Registry. The property herein described is conveyed pursuant to a "Consent Order Authorizing Sale of Real Property Free and Clear of all Liens and Co-Tenant Interests and Compensation to Auctioneer", dated April 26, 2011 and an "Amended Order Confirming Sale of Real Property and Authorizing Payment of Auctioneer's Commissions", dated June 17, 2011. Both orders are attached hereto for further reference. **The property herein described is ( ) or is not (x) the primary residence of the Grantor (NCGS 105-317.2) TO HAVE AND TO HOLD the above-described lands and premises, together with all appurtenances thereunto belonging, or in anywise appertaining, unto the Grantee, its heirs, successors, administrators and assigns forever, but subject always, however ,to the limitations set out above. AND the said Grantor covenants to and with said Grantee, its heirs, successors, administrators and assigns that it is lawfully seized in fee simple of said lands and premises, and has full right and power to convey the same to the Grantee in fee simple (but subject, however, to the limitations set out above) and that said lands and premises are free from any and all encumbrances, except as set forth above, and that it will, and its heirs, successors, administrators and assigns shall forever warrant and defend the title to the same lands and premises, together with the appurtenances thereunto appertaining, unto the Grantee, its heirs, successors, administrators and assigns against the lawful claims of all persons whomsoever. IN WITNESS WHEREOF, the Grantor has hereunto set its hand and seal and does adopt the printed word "SEAL" beside its name as its lawful seal. GRANTOR 0a4;10 • (SEAL) David W. Kelly a EAL) $Yr ara L. Kelly C , (SEAL) Daniel C. Kelly (S)i. 62.12f2)- (SEAL) Kimberly Q. K STATE OF fife.. COUNTY OF L S hotc.,66 gc, I, a Notary Publicf the County and State aforesaid, certify that David W. Kelly and wife, T+rat,elly, personally appeared before me this day and acknowledged the due exec r f ip ing instrument. • ■•••••••■ 4 ■ WiSiaesfi ltancnd official seal, this .Z B day oaoll , 2011. 71.9 to 13to 8 jGcJ notry seal here) it `• " • noti.-eg.444 ••,�� '``. ••� �;.�•` Notary blic My Coli j pp��pWires: — 3 ************************************* STATE OF "Le • COUNTY OF I, a NatAajtiliithlikc of the County and State aforesaid, certify that, Daniel C. Kelly and wife, Kirn,W?ix4Q9416,g'ftrsonally appeared before me this day and acknowledged the due execution • oregdrtiatrument. +Vitiess. y.ha d aid olficial seal, this IV day of :A44.1 , 2011. 's C {place rpe‘ifyilial here) • Notary lic My Commission Expires: tp .t/-13 - - . . . .. 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". . .... ... %. . ... " . ... .. "........'.......'q.. .;... .-.-..�C-C- .. � ....... ..;....... - - ... -- . .� ...... . . ., * *� _ , . - -........1 " Case 10-09329-8-JRL Doc 113 Filed 04/26/11 Entered 04/26/11 16:22:52 Page 2 of 7 Co-Tenant Interests (1 I U.S.C. §§363(f)and (h) And Compensation to Auctioneer by Debtors, and, IT APPEARING that among the assets of the Debtors is the following described real property: See Spreadsheet annexed to the Debtors' Motion For Public Auction as Exhibit A The sale will be subject to all ad valorem taxes, assessments, homeowners' association dues, restrictions, rights of way, and title defects, if any, of record. IT FURTHER APPEARING that the following creditors and co-tenants purport to have liens or interests against the real property. The above described real property shall be sold free and clear of all liens including the following liens pursuant to U.S.C. §§ 363(1) and (h): • Name and Address of Lienholdcr Nato re of Reference Lien or Interest First Bunk Deed or Deed of Taut in the amount of Attn.: Managing Agent Truax S325,000.00 rccordcd on 05/18/2010 at PO Box 866 Book 2743.Page 571. Harnett County Troy,NC 27371.0866 Registry. Teresa C.Nixon.Trustee PO Box 866 Troy,NC 27371-0866 Paul A. Fanning. Esc'. Ward and Smith P.A. PO Box 8088 Greenvale,NC 27835-3088 Crop Production Services. Inc. Deed of Deed of Trust in the amount of Attn.: Maimgi Agent Trust S 1.156.U4.90 recorded on 06i232010 at 136 Stammark Lane.Suite 120 Book 2756.Pogo 391, Moo County Columbia,SC 29210 Registry; and n.cordcd on 06/26/2014 at Book 1517.Page 1064,Chatham County Luther D. Starling.Trustee Registry. Dauglury, Woodard,Lawrence do Starling PO Box 1960 Smitb5cld,NC 27S77 Case 10-09329-8-JRL Doc 113 Filed 04/26/11 Entered 04/26/11 16:22:52 Page 3 of 7 First Bank Deed of Deed of Trust in the amount of Attm:Managing Agent Trust 3170.000.00 recorded on 02J26R003 ai PO Box 866 Book 1723, Page 794, Harnett County Troy,NC 27371-0866 Registry. L. Holt Panel,Trtustcc PO Box 1689 Lillington.NC 27546 Paul A.Fanning, Esq. Ward and Smith,P. A. PO Box 8088 Greenville,NC 27835-8088 First Bank Deed of Deed of Trust in the amount of Atm.: Managing Agent Trust 5480.000.00 recorded on 04/10/2007 at PO Box 866 Book 2362, Page 598.Harnett County Troy.NC 27371-0866 Registry L.Holt Feltnet,Purace PO Box 1689 Lillington,NC 27546 Paul A.Fanning,Esq. Ward and Smith. P.A. PO Box 8088 Greenville.NC 27335-8088 Branch Banking it Trust Company Deed of Dccd of Trust in the amount of Attn:Jack R. Hayes,VP Trust S215,000.00 recorded on 06/24/2010 at PO Box 1847 Book 2756, Page 894, Harnett County Wilson,NC 27894-18 47 Registry. „crone C.Herring,Trustee PO Box 1255 Winston-Salcm,NC 27102 Branch Banking sk Trust Company Deed of Dccd of Trust in the amount of Ann:Jack R.Hayes.VP Trust $120,000.00 recorded on 04/05/1993 at PO Box 1847 Book 1001. Page 211,flatten County %/son,NC 27194-1847 Registry. Jesonc C. Herring,Trustee PO Box 1253 Winston-Salem,NC 27102 Brach Banking it Trust Company Dccd of Dccd of Trust in the amount of Attic Jack R. Hayes,VP Trust S260,000.00 recorded on !2/0V1999 at PO Box 1847 Book 1390. Page 412. Harnett County Wilson,NC 27894-1847 Registry. „crone C. Herring,Trustee PO Box 1255 Winston-Salem,NC 27102 Case 10--09329-8-JRL Doc 113 Filed 04126/11 Entered 04/26/11 16:22:52 Page 4 of 7 Branch Banking & Trust Company Deed of Deed of Trust in the amount of Attn: Jack R.Hayes, VP Trust S2.150,000.00 recorded on 06/2412010 Fit PO Box 1847 , look 2756, Page 894, Harnett County Wilson,NC 27894-1847 Registry. )crone C. Herring,Trustee PO Box 1255 I Winston-Salem,NC 27102 Branch Banking & Trust Company Deed of Deed of Trust in the amount of Attn:Jack R. Hayes, VP Trust S250.000.00 recorded on 10/31/1996 at PO Box 1847 Book 705, Page 781. Chatham County Wilson,NC 27894-1847 Registry. Jcronc C.Herring,Trustee PO Box 1 255 Winston-Salem,NC 27102 • Branch Banking &Trust Company Deed of Deed of Trust in the amount of Attn:Jack R Hayes,VP Trust S600.000.00 recorded on 01/18/2002 at Po Box 1847 Book 911,Page 920.Chatham County Wilma.NC 27894-1847 Registry. Jcronc C.Herring,Trustee PO Box 1255 • Winston-Salem.NC 27102 Branch Banking &Trust Company Deed of Deed of Trust in the amount of Attn: Jack R. Hayes.VP Trust St100,000.00 recorded on 05/20/2009 at PO Box 1847 Book 1461, Page 135,ci nrtham County Wilson,NC 27194.1847 Registry. krone C.Herring.Trustee I PO Box 1255 Winston-Salem.NC 77102 Carolina From Credit Deed of Decd of Trust in the amount or Aun.: Managing Agent Trust S608.966.00 recorded on 02/26/2009 at PO Box 249 Book 1444, Page 810.Chatham County Carthage,NC 28327 Registry. • Vance C. Dalton.Jr..Trustee PO BOX 249 Carthage,NC 28327 William P.Janvier, lisq. heavier Law Firm,Pl.1.0 1101 Haynes Street,Suite 102 Raleigh,NC 27604 Case 10-09329-8-JRL Doc 113 Filed 04/26/11 Entered 04/26/11 16:22:52 Page 5 of 7 — -- - First Bank Deed of Deed of Trust in the amount of Attu.: Managing Agent Trust 5250.000.00 recorded on 04/09/2007 at PO Box 366 Book 1327. Page 1168, Chatham County Troy,NC 27371-0866 Registry. • Eduard S. Holmes,Trustee Pa Box 519 Pittsboro, NC 273I2-0179 Paul A. Fanning.. Esq. Ward and Smith,P.A. PO Box 8088 Greenville.NC 2783540E8 First Bank Deed of Deed ofTrust in the amount of Attn.;Managing Agent Trust S150.000.00 recorded at Book l 447. i'43 Box S66 Pup 507,Chatham County Registry. Troy.NC 27371.0866 Tete=C. Nixon,Trustee PO Box 866 Troy.NC 27371-0866 Paul A. !:enuring. - • Ward and Smith,P.A. PO BOX 8088 Greenville.NC 27835-8088 First Bank Deed of Deed of Trust in the amount of - Atta.: Managing Agent Trust S2S0.000.00 recorded on 04/09/2007 a PO Box 866 l3oak 1327.Page 1168,Chatham County Troy.NC 27371.0866 Registry. Edward S.Holmes,Trustee PO Box 579 Plusboro. SIC 27312.0579 Paul A.Farm iag.Esq. Wand aid Smith,P.A. PO Box 8888 Grecavillc,NC 27835-8088 The Estate of Oscar Wayne Kelly, 10E280, Lee County All right,title,and ownership interest of do Robert Gilleland,Attorney the estate of Oscar Wayne Kelly, Harrington.Gilleland, Winstead, Fcindcl& Locus. l.1,P 10E280, Lee County in and to the real PO Box 1045 properly described herein. 14 t 0 Elm Street Sanford, NC 27330 Case 10-09329-8-JRL Doc 113 Filed 04/26/11 Entered 04126/11 16:22:52 Page 6 of 7 united States of America Deed of Deed of Trust In the amount of USDA Rural Development Trust S345,000.00 recorded on April 9, 1990 at Mn-: Managing Agent Book 444, Page 900,Lee County 2736 NC Highway 210 Registry. Sittithfield, NC 27577-9556 USDA Fann Service Agency Atm.: Managing Agent 4407 Blond Road,Sr. 175 RaJcigh, NC 27609 United Statics Attorney General . U.S. Department of)nstioe 950 Pennsylvania Avenue,NW Violin' ion,DC 20330.0001 George B.B. Holding, U.S.Attorney Mom:R.A.Renter,Jr..Asst.U.S.Attorney 800 Federal Building 310 New Bern Avenue Raley NC 27601-1461 I. The sale of real property shall be free and clear of all liens and co-tenant interests including liens and interests set forth hercinabove with the rights of l inn creditors and co- tenants being transferred to proceeds of sale in their respective priority as determined and marshaled by the Court pursuant to I 1 U.S.C. §§363(1) and (h). 2. This Order shall constitute a release of the above described alleged liens and co-tenant interests only from real property described herein,and shall not apply as a release of list or interest on other assets in the above-captioned Chapter 11 bankruptcy estates. 3_ If any creditor or co-tenant claiming lien or interest in the property does not object within the time allowed,that creditor or co-tenant shall be deemed to have consented to the sale of the real property free and clear of that creditor's or co-tenant's interest. 4. The above described real property shall be sold at public auction free and clear of all liens and co-tenant interests,at a date, time, and place in the manner hereinafter set out: Public Auction to be conducted at 6:30 p.m. on Monday, May 16, 2011, in the Lecture Hall at the Dennis A.Wicker Civic Center,1801 Nub Street, Sanford,NC 27330 by Johnson Properties Realtors & Auctioneers_ 5. The above-captioned bankruptcy estates have filed applications with the Court to approve the employment of Johnson Properties Realtors & Auctioneers,as auctioneer, whose compensation, inclusive all expense including labor and advertising, absent extraordinary circumstances, shall be fixed at a rate not to exceed the following: REAL PROPERTY 10% of first S25,000.00 4% of balance Case 10-09329-8-JRL Doc 113 Filed 04/26/11 Entered 04/26/11 16:22:52 Page 7 of 7 6. All creditors having or claiming liens or interests in the above-described real property shall have the right to credit bid for the purchase of said property as provided by 11 U.S.C. § 363(k). 7. All creditors having or claiming liens or interests in the above-described real property shall have the right to establish a minimum sales price for each parcel of real property constituting their collateral. To exercise that right, creditors must communicate the following information to Johnson Properties Realtors &Auctioneers,Inc.(Or any other entity conducting a sale of the above-described property)at least twenty-four(24)hours before such sale: (I) the minimum sales price; and (2) the specific tract to which that sales price is applicable. IT FURTHER APPEARING that Motion and Notice ofproposed public auction was duly served on all creditors on March 18,2011,and that the twenty-one(21)day time for objecting has expired with no objections being filed,save and except objections by USDA Rural Development and Carolina Farm Credit, ACA,which creditors have consented to the entry of this Order. NOW THEREFORE, IT IS ORDERED that the above-captioned Debtors be,and are hereby authorized to sell the above-described real property flee and clear of all Hens and co-tenant interests at public auction, and to pay Johnson Properties Realtors& Auctioneers, Inc.'s commissions as set forth hereinabove. CONSENTED TO AND AGREED: USDA RURAL DEVELOPMENT JAN VIER LAW FIRM, PLLC BY:Is/R. D. Renter. Jr. BY: /.s/William P. Janvier R. D. Renfer, Jr. William P. Janvier • Assistant U. S. Attorney Attorney for Carolina Farm Credit, ACA Eastern District of N. C. 1 101 Haynes Street, Suite 102 800 Federal Building Raleigh, NC 27604 310 New Bern Avenue Raleigh, NC 27601-1461 RICHARD D. SPARKMAN & ASSOC., P.A. BY:/s'//Richard D. 4aorisman Richard D. Sparkman Attorney for Debtors PO Box 1687 Angier, NC 27501 End of Document K" iLi'a AM 0 AMMC xn-v R-A 'N" -n A A.- 4P -A M 3p" NE _'E4 LAO' ;dLA, 'n sfk'. 44%, ..- ... .. ..... .. 'M4 g. " Nr-ROM . - . - 66 A-2 I Case 10-09324-8-JRL Doe 145 Fited 06117111 Entered 06/17/11 15:31:28 Page 2 of 2 Application) and in support thereof, the Debtors show unto the Court as follows: 1, , Upon motion ofthe Debtors -In -Possession, the Court entered an Order dated March 23, 20 t I approving employnnt of James W. Johnson, I i of Johnson Properties Realtors & Auctioneers, Inc. as auctioneer in this case. 2. The following property was sold at public auction on May 16, 2011, result ing in total sales proceeds of $3,044,300.00, under the terms and conditions as set forth in the Report and Application: Sate of real property at public auction on May 16, 2011 as more specifically set forth in Exhibits A and B attached to Report of Sale.. 3. Pursuant to the compensation schedule set forth in the Motion and Notice ofProposed Public Sale and Compensation of Auctioneer dated March 19, 201 t, the auctioneer is entitled to receive commissions in the amount of $123,272.00. NOW THEREFORE, IT IS ORDERED, ADJUDGED AND DECREED that the above - referenced sale of neat property be, and the same is hereby CONFIRMED, and that Johnson Properties Realtors & Auctioneers, Inc. be, and they are hereby authorized to be paid total commissions of $123,272.00, with said commissions to be deducted from total sales proceeds presently held in the trust account of Johnson Properties Realtors & Auctioneers, Inc., with the balance to be distributed pursuant to further orders of this Court. END OF DOCUMENT FEZ T. C O�y Filed For Registration: Book: Document No.: NC REAL ESTATE EXCISE TAX: Recorder: KIMBERLY S. HARGROVE REGISTER OF DEEDS, HARNETT 305 W CORNELIUS HARNETT BLVD SUITE 200 LILLINGTON, NC 27546 07/2912011 04:48:04 PM RE 2891 Page: 263-275 2011011040 DEED 13 PGS $52.00 $196.00 TRUDI S WESTER State of Forth Carolina, County of Harnett KIMBERLY S. HARGROVE , REGISTER Of DEEDS DO NOT DISCARD 2011011040