NOTICE OF SUBSTITUTE TRUSTEE'S FORECLOSURE SALE OF REAL
PROPERTY
UNDER AND BY VIRTUE of the power and authority contained in that certain Deed of Trust, Security Agreement and Assignment of Leases and Rents (hereinafter "Deed of Trust") executed and delivered by Med Realty, LLC (hereinafter "Borrower") dated January 14, 2025 and recorded on January 21, 2025 in Book 10242 at Page 75 in the Office of the Register of Deeds of Durham County, North Carolina; and because of the default in the payment of the indebtedness secured thereby and failure to carry out and perform the stipulations and agreements contained therein and, pursuant to demand of the holder of the indebtedness secured by the Deed of Trust, the undersigned Substitute Trustee will place for sale, at public auction, to the highest bidder for cash at the usual place of sale at Durham County Courthouse, 510 South Dillard Street, Durham, North Carolina on TUESDAY, JULY 21, 2026, AT 3:00 O'CLOCK P.M., all of Borrower's right, title and interest in and to the real property described hereinbelow, together with any improvements and fixtures existing or hereafter placed on or attached to the real property, and all other appurtenant rights and privileges, situated, lying and being in Durham County, State of North Carolina, and being more particularly described as follows:
Being all of #300 (Unit 3), Central Professional Park Condominium as shown on those maps entitled, "Final Condominium & Recombination Plat of Central Professional Park Condominium Property of Windrose Central Medical Properties, LLC" recorded in Condominium Plat Book 11, Pages 392, 394 & 396 and amended in those maps entitled, "Corrected Condominium & Recombination Plat of Central Professional Park Condominium Property of Windrose Central Medical Properties, LLC" recorded in condominium Plat Book 12, Pages 39 &41, Durham County Registry.
Subject to that declaration of condominium for Central Professional Park Condominium and recorded in Book 6577, Page 118, Durham County, North Carolina Registry, as amended by that certain first amendment to declaration of condominium for central professional park condominium recorded in Book 6726, Page 558, Durham County Registry.
Together with the undivided interest in the common elements allocated to said unit by the declaration as amended from time to time and all rights and easements appurtenant to said unit as specifically enumerated in the declaration and any amendments thereto.
Address of property: 2609 North Duke Street, #300, Durham, NC 27704-3019
Tax Parcel ID: 212557
Present Record Owner: Med Realty, LLC
The terms of the sale are that the real property hereinbefore described will be sold for cash to the highest bidder. The Substitute Trustee reserves the right to require a cash deposit or a certified check not to exceed the greater of five percent (5%) of the amount of the bid or Seven Hundred Fifty Dollars ($750.00). In the event that the note holder or its intended assignee is exempt from paying the same, the successful bidder may also be required to pay revenue stamps on the Trustee's Deed, any Land Transfer Tax, and the tax required by N.C.G.S. §7A-308(a)(1).
The real property hereinabove described is being offered for sale "AS IS, WHERE IS" and will be sold subject to all superior liens, unpaid taxes, and special assessments. Other conditions will be announced at the sale. The sale will be held open for ten (10) days for upset bids as by law required.
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 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 declare the sale to be void and return the deposit. The purchaser will have no further remedy.
Additional Notice Where the Real Property is Residential With Less Than 15 Rental Units:
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 the 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.
Substitute Trustee Services, Inc.
Substitute Trustee
6230 Fairview Road, Suite 315
Charlotte, NC 28210
Telephone: (704) 362-9255
13700060
IPL0343385
Jul 10,17 2026