SHERIFF SALE

By virtue of a writ of Levari Facias, to me directed, will be exposed to Public sale on:

Tuesday, May 15, 2012

At 9:30 A.M. & Thereafter

At the Sussex County Sheriff's Office, West Complex, 22215 DuPont Boulevard, Georgetown, Delaware, Georgetown Hundred, Sussex County, State of Delaware, the following described real estate to wit:

All that certain lot, piece or parcel of land situate, lying and being in Broadkill Hundred, Sussex County, Delaware, being known as Lot Number 5, Waples Pond Acres, with all improvements located thereon, as shown on a subdivision plot recorded in the Office of the Recorder of Deeds, Georgetown, Delaware, in Plot Book 8, Page 655, and more particularly described according to a survey prepared by Wingate & Eschenbach, LLC, Registered Land Surveyors dated April 25, 2006 as follows:

BEGINNING at a concrete monument on the southerly side of Smith Way marking the northeasterly corner for this lot; thence turning and running South 09 degrees 55 minutes 00 seconds East, 128.00 feet to a concrete monument marking the southeasterly corner for this lot, and being a common corner for this lot and lands now or formerly of John Thomas; thence, by and with lands now or formerly of John Thomas, South 80 degrees 05 minutes 00 seconds West, 100.00 feet to a concrete monument marking the southwesterly corner for this lot; thence turning and running North 09 degrees 55 minutes 00 seconds West, 132.33 feet to a concrete monument marking the northwesterly corner of this lot, said concrete monument being located on the southerly right of way line of Smith Way; thence, turning and running along the southerly right of way line of Smith Way, North 82 degrees 33 minutes 53 seconds East, 100.09 feet, home to the point and place of Beginning. Be the contents thereof what they may.

BEING the same lands and premises which Joseph G. Reasoner and Frances Rita Perry, by deed dated April 24, 2008, and recorded in the Office of the Recorder of Deeds, in and for Sussex County, State of Delaware, in Deed Book 3574, Page 344, did grant and convey unto Joseph G. Reasoner and Brenda J. Reasoner, in fee.

Tax Parcel:  2-35-7.00-100.00

Property Address: 25436 SMITH WAY, MILTON

Registration is required for all bidders prior to sale. A $4,000.00 deposit (Cash or Cashiers/certified check payable to Sheriff of Sussex County) and valid driver’s license or photo I.D. are required to register.

TERMS:  20 percent of the purchase money will be demanded on day of sale (The $4,000.00 Bidder Registration Fee will be credited to the 20% deposit). Cash, Certified Check or Cashier's Check, is required.  The balance is to be paid on or before June 18, 2012. Sale subject to confirmation by the Superior Court on June 22, 2012 and also subject to a 1 1/2 percent Delaware Realty Transfer Tax; 3/4 percent to be paid by the Seller and 3/4 percent to be paid by the Purchaser.  Also subject to 1 1/2 percent Sussex County Realty Tax, 3/4 percent to be paid by the Seller and 3/4 percent to be paid by the Purchaser.  Any further Transfer Tax is the responsibility of the Purchaser.  The Purchaser will be required to pay the cost of the deed; a $200.00 deposit will be collected at the time of sale and will be refunded if a proper deed is presented to the Sheriff’s Office within Forty-Five days of confirmation.  If the Purchaser fails to comply with these terms the percentum paid at the time of sale will be forfeited.  Please make checks payable to: Sheriff of Sussex County.

Seized and taken in execution the property of

JOSEPH G. REASONER &

BRENDA J. REASONER

and will be sold by

Jeff Christopher, Sheriff