NOTICE OF FORECLOSURE SALE
26SP000154-350
Under and by virtue of the power of sale contained in a certain North Carolina Deed of Trust made by Latin Real Estate Investments LLC to Norwood, Armstrong & Stokes, PLLC, Trustee(s), dated the 29th September 2025, and recorded on October 1, 2025 in Book 5589, Page 1383, in Gaston County Registry, North Carolina, default having been made in the payment of the note thereby secured by the said Deed of Trust and the undersigned, Substitute Trustee Services, Inc. having been substituted as Trustee in said Deed of Trust by an instrument duly recorded in the Office of the Register of Deeds of Gaston County, North Carolina and the holder of the note evidencing said indebtedness having directed that the Deed of Trust be foreclosed, the undersigned Substitute Trustee will offer for sale at the courthouse door in the City of Sanford, Gaston County, North Carolina, or the customary location designated for foreclosure sales, at 1:15 p.m. on June 3, 2026 and will sell to the highest bidder for cash the following real estate situated in the City of Sanford, in the County of Gaston, North Carolina, and being more particularly described as follows:
TRACT ONE:
BEGINNING at a stake, the Northeasterly corner of Tract No. One hereinafter described, in the Southerly margin of Mary Avenue, and running thence with the Southerly margin of Mary Avenue, South 85 deg. 18 min. East 69. 95 feet to the point on Mary Avenue where to curve of the intersection at a 20 radius to the point where the curve ends in the Westerly line of Brady Street; thence with the Westerly line of Brady Street, South 4 deg. 15 min. West 130.25 feet to a stake; thence North 85 deg. 16 min. West 115.7 feet to the Southeasterly corner of Tract No. One; thence with the Easterly line of said Tract No. One, North 6 deg, 37 min. E 150 feet to the point of BEGINNING.
Being the identical property conveyed to Ronald Claude Patterson a Patterson, by deed dated August 1, 1965, and recorded June 3, 1974, in Deed Book 1140 at page 182, in the Gaston County Register of Deeds.
Property Address: 2603 Mary Avenue, Gastonia, NC
Parcel ID: 102724
TRACT TWO:
BEING A PORTION of the L. M. H. Cobb property known as Map 2 of the Unity Subdivision as the same is shown and described on a map or plat of same recorded in the Gaston County Registry in Plat Book 13 at Page 69; said property being further described by metes and bounds as follows:
BEGINNING at a point in the western margin of Brady Street, a 40-foot street as should on the aforesaid plat, said beginning point being located S. 4-15 W. 130.25 feet from the point of curvature of Mary Avenue and Brady Street as shown on the aforesaid map, and running thence from said point of beginning S. 4-15 W. 9 feet to an iron pin; thence N. 85-15 W. 159.3 feet to an iron pin; thence N. 6-37 E. 90 feet to an iron pin; thence S. 85-16 E. 175.7 feet to the point of beginning.
Being the identical property conveyed to Ronald Claude Patterson and wife, Beatrice S. Patterson, by deed dated January 24, 1973, and recorded January 26, 1973, in Deed Book 1100 at page 682, in the Gaston County Register of Deeds.
Parcel ID: 137691
TRACT THREE:
Being a part of Lot 2 in Block "A" as shown on map of the Unity Community No. 2 recorded in Plat Book 13 at Page 69, Gaston County Registry, and also being all of Lot 4 and Lot 5 as shown on that subdivision of the aforesaid lot by L.B. Falls, dated September 12, 1957, and being more particularly described as follows:
BEGINNING at a point in the westerly margin of Brady Avenue; said point being located North 4-15 East 100.15 feet from the northern terminus of a curve to the right with a radius of 20 feet located at the corner of Twin Avenue and Brady Avenue as shown on the said map recorded in said registry; proceed thence with the western margin of Brady Street 193 .2 feet to the corner of Lot 3 of the aforesaid subdivision by L.B. Falls, dated September 12, 1957 thence with the line of Lot 3 North 85.15 West 159.3 feet: thence with the line of Lot 1 in Block "A", South 6-36 West 195.8 feet to the corner of the property of the J.W. Brandon & Wife Laura Brandon; thence with the line of their property South 86-04 East 167.1 feet to the point or place of beginning.
BEGINNING at an iron pin in the western margin of Brady Street, said iron pin in the western margin of Brady Street, said iron pin being located S. 4-15 W. 150 feet more or less from the southern margin of Mary Avenue , and runs thence S. 4-15 W. 90 feet to an iron pin, thence N. 85-15 W. 159.3 feet to an iron pin; thence N. 6-37 E. 90 feet to an iron pin; thence S. 85-16 E. 175.7 feet to the point of Beginning. The same being shown on an unrecorded plat of the Odis Todd Property which was made from an actual survey thereof dated 9/12/1957, by L.B. Falls, Reg. Sur.; reference is also made to Lot No. 2 in Block "A" of that plat recorded I the Gaston County Registry in Plat Book 13 at page 69,
Being the identical property conveyed to Ronald Ciaude Patterson and wife, Beatrice S. Patterson, by deed dated October 5, 1978, and recorded October 6, 1978, in Deed Book 1270 at page 766, in the Gaston County Register of Deeds.
Parcel ID: 137692
Being in all respects the same property conveyed to ABC Transactions, a North Carolina Limited Liability Company, borrowers herein, by Stargazer Property Group, LLC a North Carolina Limited Liability Company, by deed filed in said registry contemporaneously herewith.
Together with improvements thereon, said property located at 2603 Mary Ave, Gastonia, NC 28052-1216.
Parcel ID: 102724, 137691 & 137692
Trustee may, in the Trustee's sole discretion, delay the sale for up to three hours as provided in NCGS §45-21.23.
Should the property be purchased by a third party, that party must pay the excise tax, as well as the court costs of Forty-Five Cents ($0.45) per One Hundred Dollars ($100.00) required by NCGS §7A-308(a)(1).
The property to be offered pursuant to this notice of sale is being offered for sale, transfer and conveyance "AS IS, WHERE IS." Neither the Trustee nor the holder of the note secured by the deed of trust/security agreement, or both, being foreclosed, nor the officers, directors, attorneys, employees, agents or authorized representative of either the Trustee or the holder of the note make any representation or warranty relating to the title or any physical, environmental, health or safety conditions existing in, on, at or relating to the property being offered for sale, and any and all responsibilities or liabilities arising out of or in any way relating to any such condition expressly are disclaimed. Also, this property is being sold subject to all taxes, special assessments, and prior liens or prior encumbrances of record and any recorded releases. Said property is also being sold subject to applicable Federal and State laws.
A deposit of five percent (5%) of the purchase price, or seven hundred fifty dollars ($750.00), whichever is greater, is required and must be tendered in the form of certified funds at the time of the sale.
If the trustee is unable to convey title to this property for any reason, the sole remedy of the purchaser is the return of the deposit. Reasons of such inability to convey include, but are not limited to, the filing of a bankruptcy petition prior to the confirmation of the sale and reinstatement of the loan without the knowledge of the trustee. If the validity of the sale is challenged by any party, the trustee, in their sole discretion, if they believe the challenge to have merit, may request the court to declare the sale to be void and return the deposit. The purchaser will have no further remedy.
Additional Notice for Residential Property with Less than 15 rental units, including Single-Family Residential Real Property
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 foreclosure 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 not more than 90 days, after the sale date contained in this notice of sale, provided that the mortgagor has not cured the default at the time the tenant provides the notice of termination. 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.
Hutchens Law Firm LLP
Attorneys for Substitute Trustee Services, Inc.
c/o Hutchens Law Firm LLP
6230 Fairview Road, Suite 315
Charlotte, North Carolina 28210
Phone No: (704) 362-9255
Case No: 13694180FV (CFC.CH)
Publication Dates
LWLM0510947