NOTICE OF FORECLOSURE SALE

NOTICE OF FORECLOSURE SALE STATE OF NORTH CAROLINA COUNTY OF CLEVELAND IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION BEFORE THE CLERK 26SP000010-220 IN THE MATTER OF THE FORECLOSURE OF A DEED OF TRUST FROM LAURENCE V LANAVE, SEPARATED, TO TINA SORUM, TRUSTEE, DATED OCTOBER 27, 2023, RECORDED IN BOOK 1909, PAGE 957, CLEVELAND COUNTY REGISTRY Pursuant to an order entered May 26, 2026, in the Superior Court for Cleveland County, and the power of sale contained in the captioned Deed of Trust (the "Deed of Trust"), the Substitute Trustee will offer for sale at auction (the "Sale"), to the highest bidder for cash on: JULY 2, 2026, AT 11:30 A.M. CLEVELAND COUNTY COURTHOUSE 100 JUSTICE PLACE, SHELBY, NORTH CAROLINA 28150 the real estate and the improvements thereon secured by the Deed of Trust, less and except any of such property released from the lien of the Deed of Trust prior to the date of said sale, lying and being in Cleveland County, North Carolina, and being more particularly described as follows (the "Property"): PROPERTY ADDRESS: 228 WEST SHANNONHOUSE STREET, SHELBY, NC 28152 PROPERTY DESCRIPTION: PARCEL 1: LOCATED ON THE NORTH SIDE OF SHANNONHOUSE STREET, AND BEGINNING AT AN IRON STAKE, NORTHEAST CORNER OF LOT NO. 60 AND RUNS THENCE WITH EAST LINE OF SAID LOT, NORTH 26 1/2 EAST 133.2 FEET TO A STAKE, THENCE SOUTH 69 1/8 EAST 25 FEET TO A STAKE, NORTHWEST CORNER OF LOT NO. 58, THENCE WITH WEST LINE OF SAID LOT NO. 58, SOUTH 26 1/2 WEST 132.7 FEET TO A STAKE, SOUTHWEST CORNER OF LOT NO. 58; ON NORTH EDGE OF SHANNONHOUSE STREET; THENCE WITH NORTH EDGE OF SHANNONHOUSE STREET NORTH 70 1/4 WEST 25 FEET TO A STAKE THE POINT OF BEGINNING, SAME BEING ALL OF LOT NO. 59 OF THE J.L. PUTNAM PROPERTY IN SOUTH SHELBY, N.C. AND REFERENCE IS HEREBY MADE TO PLAT BOOK NO. 1 PAGE 58 OF THE REGISTER OF DEEDS OFFICE OF CLEVELAND COUNTY, NORTH CAROLINA. PARCEL 2: LYING AND BEING IN THE TOWN OF SHELBY, N.C. AND ON THE NORTH SIDE OF SHANNONHOUSE STREET, THE SAME BEING PART OF THE J.L. PUTNAM PROPERTY SUBDIVIDED AND SOLD BY CYCLENE AUCTION CO. ON SEPTEMBER 1, 1923, AND BEING LOTS 60, 61, AND 62 OF SAID PROPERTY THE SAME BEING SHOWN ON A PLAT OF THE SAME THE SAID PLAT BEING OF RECORD IN THE REGISTER'S OFFICE OF CLEVELAND COUNTY, N.C., IN BOOK OF PLATS 1 AT PAGE 58. BEGINNING ON A STAKE ON THE NORTH SIDE OF SHANNONHOUSE STREET THE CORNER OF LOT 59* AND RUNS THENCE NORTH 26 1/2 EAST 133.2 FEET TO A STAKE CORNER OF LOT NO. 84, THENCE NORTH 69 1/8 WEST 94 FEET TO A STAKE ON THE STREET CORNER OF LOT 67, THENCE SOUTH 25 WEST 135 FEET TO A STAKE ON SHANNONHOUSE STREET, THENCE WITH SAID STREET 70 1/4 EAST 90 FEET TO THE BEGINNING. The record owner(s) of the Property not more than ten (10) days prior to the date hereof is Laurence V. Lanave. Parcel ID: 20615 Unless delayed by other sales held at the same place, the sale will be held at the fixed time, or as soon thereafter as practicable, but not later than 3 hours after the time fixed, as provided in Section 45-21.23 of the North Carolina General Statutes. A five percent cash deposit, or a cash deposit of $750.00, whichever is greater, will be required of the last and highest bidder. The balance of the bid purchase price shall be due in full in cash or certified funds at a closing to take place within thirty (30) days of the date of sale. The Substitute Trustee shall convey title to the property by non warranty deed. This sale will be made subject to all prior liens of record, if any, and to all unpaid (ad valorem) taxes and special assessments, if any, which became a lien subsequent to the recordation of the Deed of Trust. This sale will be further subject to the right, if any, of the United States of America to redeem the above-described property for a period of 120 days following the date when the final upset bid period has run. The purchaser of the property described above shall pay the Clerk's Commissions in the amount of $.45 per $100.00 of the purchase price (up to a maximum amount of $500.00), required by Section 7A-308(a)(1) of the North Carolina General Statutes. If the purchaser of the above-described property is someone other than the Beneficiary under the Deed of Trust, the purchaser shall also pay, to the extent applicable, the land transfer tax in the amount of one percent (1%) of the purchase price. To the extent this sale involves residential property with less than fifteen (15) rental units, you are hereby notified of the following: (a) An order for possession of the property may be issued pursuant to Section 45-21.29 of the North Carolina General Statutes 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; and (b) 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 sale, terminate the rental agreement upon 10 days' written notice to the landlord. 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. The 26th day of May 2026. John W. Fletcher III, Substitute Trustee (NCSB No. 15503) Fletcher, Tydings, Williams-Tracy & Gott, PLLC 100 Queens Road, Suite 250, Charlotte, North Carolina 28204 704-334-3400 / jfletcher@fletchertydings.com June 23, 30 2026 LWLM0541955