FORECLOSURE AUCTION Wednesday, June 27, 2018 at 11:00am AUCTION HELD ON-SITE 300 Mall Drive, Martinsburg, West Virginia 25401

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1 FORECLOSURE AUCTION Wednesday, June 27, 2018 at 11:00am AUCTION HELD ON-SITE 300 Mall Drive, Martinsburg, West Virginia Known as The Martinsburg Concrete Products Co, this property is believed to be improved with an industrial office structure and multiple industrial buildings devoted to concrete production, concrete product storage and equipment storage. The Property is believed to be serviced by public electricity, public water and public sewer. The Property is also believed to be located in FEMA flood zone X, which is not classified as a flood hazard area per FEMA Map Number 54003C0153E, dated July 7, According to a third party report, the buildings were constructed in 1976 with periodic renovations and the improvements include 5,904 SF of Gross Buidling Area. The Property consists of 7.50+/- acres that are strategically located next to Foxcroft Towne Center, significant other shopping centers with retail stores, restaurants, hotels and conveniently accessible by I-81 and US Route 11. While the property has an attractive IG - General Industrial zoning, and a history of being used for industrial purposes, it has potential for redevelopment for a variety of uses, subject to existing zoning laws. The Property is currently occupied so please do not go onto the Property. You may inspect the real estate on Wednesday, June 13, 2018 between 2pm and 4pm, Friday, June 22, 2018 between 10am and Noon and Wednesday, June 27, 2018 between 10am and 11am. Please refer to the NOTICE OF SUCCESSOR TRUSTEE S SALE OF PROPERTY GENERALLY KNOWN AS THE MARTINSBURG CONCRETE PRODUCTS CO, Debra Lee Allen, Successor Trustee for the complete terms and conditions of the sale. All property information is deemed reliable but not guaranteed. Before bidding, each bidder should verify all information provided and bid based solely on their own investigations. Please visit for the terms and conditions. To learn more about this auction, please contact Stephanie Young, Auction Markets, LLC, and stephanie@auctionmarkets.com or Stephen Karbelk, CEO, Auction Markets, or stephen@auctionmarkets.com. Auction Markets, LLC, Stephen Karbelk, WV Auctioneer License #2275

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3 Trustee's Notice For more information, please contact Stephanie Young, Auction Markets, and Be sure to download the Auction Markets app on itunes!

4 NOTICE OF SUCCESSOR TRUSTEE'S SALE OF PROPERTY GENERALLY KNOWN AS THE MARTINSBURG CONCRETE PRODUCTS CO. Located at 300 Mail Drive, Martinsburg, West Virginia NOTICE IS HEREBY GIVEN THAT: By virtue of a Crédit Line Deed of Trust and Security Agreement dated August 27, 2008 made and executed by THEODORE M. MYERS, II to BB&T Collatéral Service Corporation, a West Virginia corporation, as Trustée, and recorded in the Office of the Clerk of the County Council (formerly Commission) of Berkeley County, West Virginia, in Trust Deed Book 2298, at Page 20, and assigned by the Beneficiary, Branch Banking and Trust Company, a North Carolina banking corporation, to SummitBridge National Investments IV LLC, a Delaware limited liability company, whose address is 1700 Lincoln Street, Suite 2150, Denver, Colorado 80203, by Assignment of Security Instruments effective as of December 18, 2015, fîled of record in the aforesaid Clerk's office on December 23, 2015, in Assignment Book 1123, at Page 695, default in the payment of the indebtedness thereby secured by the Crédit Line Deed of Trust and Security Agreement having occurred, and pursuant to the terms thereof and to the written request of the holder of the indebtedness thereby secured, and further pursuant to the authority granted to the undersigned by that certain Appointment ofsuccessor Trustée dated April 5, 2018, and recorded in the aforesaid Clerk's office in Book 3251, at Page 447; and By virtue of a second Crédit Line Deed of Trust and Security Agreement dated August 27, 2008 made and executed by THEODORE M. MYERS, II to BB&T Collatéral Service Corporation, a West Virginia corporation, as Trustée, and recorded in the Office of the Clerk of the County Council (formerly Commission) of Berkeley Coimty, West Virginia, in Trust Deed Book 2298, at Page 28, and assigned by the Beneficiary, Branch Banking and Trust Company, a North Carolina banking corporation, to SummitBridge National Investments IV LLC, a Delaware limited liability company, whose address is 1700 Lincoln Street, Suite 2150, Denver, Colorado 80203, by Assignment of Security Instruments effective as of December 18, 2015, filed of record in the aforesaid Clerk's office on December 23, 2015, in Assignment Book 1123, at Page 698, default in the payment of the indebtedness thereby secured by the Crédit Line Deed of Trust and Security Agreement having occurred, and pursuant to the terms thereof and to the written request of the holder of the indebtedness thereby secured, and further pursuant to the authority granted to the undersigned by that certain Appointment ofsuccessor Trustée dated April 5, 2018, and recorded in the aforesaid Clerk's office in Book 3251, at Page 461, the undersigned Successor Trustée will sell at public auction at the entrance of the Property to the highest bidder on: Wednesday, June 27,2018 at 11:00 a.m. 300 Mail Drive, Martinsburg, West Virginia 25401

5 ALL OF THE FOLLOWING DESCRIBED PROPERTY: Ail that certain lot or parcel of real estate together with the improvements thereon and appurtenances thereto belonging, situate in Martinsburg District, Berkeley County, West Virginia, and more particularly described as follows: Ail that certain tract or parcel of land, together with ail buildings and improvements thereon and ail appurtenances thereto belonging lying and being situate in the City of Martinsburg, State of West Virginia (and which was formerly a part of the District of Arden) in the County of Berkeley and State of West Virginia, containing 7 Vi acres, more or less, and being the same real estate which was conveyed to the Cumberland Valley Fruit Product Company by deed ffom the Shenandoah Valley Apple, Cider and Vinegar Corporation, dated December 21, 1920, and recorded in the office of the Clerk of the County Commission of Berkeley County, West Virginia in Deed Book 140, page 286, and bounded and described as follows: Beginning at the northeast corner of the land of the late HJ. Seibert in the southem side of what is known as the Rock Road, thence eastwardly with said road eight hundred and sixty-eight (868) feet, more or less, to the western side of the right of way of the Cumberland Valley and Martinsburg Railroad Company, thence with the said right of way southwardly eleven hundred sixty-seven and five tenths (1167.5) feet, more or less, to another corner of said Seibert, thence with this line seven hundred and eighty-two (782) feet, more or less, to the beginning. AND BEING the same real estate which was conveyed to Patricia A. Myers from First National Bank of Maryland, Trustée, by deed dated March 10, 1989, recorded in the aforesaid Clerk's office in Deed Book 447, page 520. Patricia A. Myers died testate September 15, 1991 and by her will of record in the aforesaid Clerk's office in Will Book 66, page 414, she devised her interest in the above described real estate to her son, Théodore M. Myers, II and her daughter Tricia M. Churchey. Tricia M. Churchey conveyed her interest in the above described real estate to her brother, Théodore M. Myers, II, by deed dated the of May, 1994 or record in the aforesaid Clerk's office in Deed Book 570, page 279. herein referred to as the "Propertv." The Property is also known as the The Martinsburg Concrète Produets Co. It has a mailing address of 300 Mail Drive, Martinsburg, West Virginia The Property is believed to be improved with an industrial office structure and multiple industrial buildings devoted to concrète production, concrète product storage and equipment storage. The Property is believed to be serviced by public electricity, public water and public sewer. The Property is also believed to be located in FEMA flood zone X, which is not classified as a flood hazard area per FEMA Map Number 54003C0153E, dated July 7, 2009.

6 NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate, but is offered for informational purposes only. No express or implied warranty is made or may be inferred from any such représentation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the Property and the improvements thereon and permitted uses of the Property. The Property is being sold subject to any and ail easements, rights-of-way, exceptions, réservations, restrictions, covenants, conditions, leases, liens or encumbrances affecting title to the property and fiirther to any state of facts that would be disclosed by or apparent upon an inspection or an accurate survey of the Property described above; provided, however, that any such restriction, covenant or condition indicating a preference, limitation or discrimination based on race, color, religion, sex, marital status, ancestry, disability, handicap, familial status or national origin is hereby deleted to the extent such restriction, covenant or condition violâtes 42 use 3604(c). The sale shall further be made subject to accrued and unpaid ad valorem real property taxes upon the Property. The Trustée makes no représentations or warranties as to the validity or priority of such liens, taxes, encumbrances and other matters, if any. The Property will be sold subject to any and ail assessments and taxes against said Property, and ail prior liens and encumbrances of any nature whatsoever, including the Internai Revenue Service's right of rédemption, if any exists. TERMS OF SALE: A prospective purchaser must have in hand, at the time and place of the foreclosure auction sale, $30, in certified fiinds, which will serve as the "Initial Deposit" if the prospective purchaser secures the wirming bid. The Initial Deposit will then be paid to the Successor Trustée at the close of the foreclosure auction sale. The Initial Deposit must be increased to equal ten percent (10%) of the purchase price no later than 12:00 p.m. (Noon), June 28, 2018, to be paid to the Successor Trustée by wired funds (the "Additional Deposh"). The Initial Deposit and Additional Deposit are nonrefundable. The balance of the purchase price and ail other sums due by purchaser shall be payable by wired funds at Settlement to be held on or before July 27, The purchaser shall be responsible for the payment of the transfer taxes imposed by West Virginia Code and ail other settlement costs and costs incidental to transfer of the Property. Taxes and ail other public charges and assessments outstanding against the Property shall be paid by purchaser at Settlement. Time shall be of the essence with respect to the payment of the Additional Deposit and ail sums due by the purchaser at Settlement. The Successor Trustée reserves: (1) the right to modify or waive the requirements for bidder's deposits and terms of sale and/or settlement; (2) the right to withdraw the Property from the sale (3) the right to cancel or postpone the sale; (4) the right to reject any and ail bids. The party secured herein, if a bidder, shall not be required to post a deposit, and may bid in the form of a crédit bid. If the Successor Trustée is unable to convey title, the purchaser's sole remedy in law and in equity shall be limited to a refund of the deposit and the sale shall be considered null and void and of no effect.

7 Upon conclusion of the sale, the purchaser will be required to execute a Contract of Sale reflecting the purchase price and incorporating the ternis of this Notice. If the purchaser fails to deliver the Additional Deposit, the purchase price, and ail other sums due at Settlement within the prescribed time, at the Successor Trustée's sole discrétion, she may déclaré the deposits forfeited, and in addition to any other légal or équitable remedies available to her, may convey the Property to the next highest bidder if such bidder will honor his bid, or may proceed to resell the Property pursuant to the Deeds of Trust. In the event of such a default the defaulting purchaser(s) shall be liable to the Secured Party for the payment of any deficiency in the purchase price resulting therefrom, ail costs and expenses of any subséquent sale, reasonable attorneys' fees, ail other charges due, and incidental damages. In the event a resale of the Property results in a sale in excess of the amount originally bid by the defaulting purchaser, the defaulting purchaser shall not be entitled to retum of his deposits, and waives any and ail daims, rights and interest to any such excess amount and shall not be entitled to any distribution whatsoever from the resale proceeds. The parties' respective rights and obligations regarding the terms of sale and the conduct of the sale shall be govemed by and interpreted according to the laws of the State of West Virginia. The Property will be sold in "AS IS" condition. The Successor Trustée makes no représentations or warranties of any kind or character including, but not limited to, the condition, zoning, or use of the Property or the title to the Property to be conveyed. The purchaser is responsible for, and the Property is sold subject to, any environmental matter or condition, whether latent or observable, if any, that may exist at or affect or relate to the Property and to any govemmental requirements affecting the same. The Property will be sold subject to any building or housing violations, easements, agreements, restrictions, terms, rights of way, filed and unfiled mechanics' and materialmen's liens, covenants, conditions, rights of rédemption, liens and ail other encumbrances having priority over the secured party's deed of trust, if any, lawfully affecting the Property, whether or not of record, including but not limited to environmental conditions (including without limitation possible wetlands, riparian rights, critical or protected areas, and the presence of protected or endangered species) and ail applicable fédéral, state and local laws, ordinances and régulations lawfully affecting the Property. The Successor Trustée will deliver a trustée's deed to the purchaser without any covenant or warranty (express or implied) in the form prescribed by W.Va. Code upon receipt of the purchase price in good and available funds. The purchaser at the foreclosure auction sale shall assume the risk of loss of the Property immediately after the foreclosure auction sale takes place. It shall be the purchaser's responsibility to obtain possession of the Property following exécution and delivery of the deed ffom the Successor Trustée conveying the Property to the purchaser. The sale does not include the sale of any personal property in or on the Property. Any personal property remaining at the Property after the foreclosure auction sale will be deemed to constitute ABANDONED PROPERTY and may be disposed of accordingly.

8 The Successor Trustée reserves the right to adjourn the sale for a time, or from time to time, without further notice, by announcement made at the time and place of the sale described above. Announcements made on the day of sale take precedence over these Terms of Sale. Given under my hand this ^ day of May, DEBRA LEE ALLEN, Successor Trustée Spiiman Thomas & Battle, PLLC Remole Location: 292 Pleasant Valley Drive, Charles Town, West Virginia dailen@,spilmanlaw.com For additional information, including the Public Property Inspection dates, please contact: Auction Markets, LLC Stephen Karbelk stephen@,auctionmarkets.com RealtyMarkets.com West Virginia Auctioneers License #2275

9 Property Photographs For more information, please contact Stephanie Young, Auction Markets, and Be sure to download the Auction Markets app on itunes! Search for RealtyMarkets and download it today.

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29 Third Party Report For more information, please contact Stephanie Young, Auction Markets, and Be sure to download the Auction Markets app on itunes! Search for RealtyMarkets and download it today.

30 The picture below displays the immediate area surrounding the subject property. The map below details the boundaries of the subject neighborhood. All information obtained from a third party report. The dates of the maps are not known. Each bidder should rely on their own investigation before bidding.

31 Location Map All information obtained from a third party report. The dates of the maps are not known. Each bidder should rely on their own investigation before bidding.

32 Site Plan All information obtained from a third party report. The dates of the maps are not known. Each bidder should rely on their own investigation before bidding.

33 Flood Map All information obtained from a third party report. The dates of the maps are not known. Each bidder should rely on their own investigation before bidding.

34 Aerial Maps All information obtained from a third party report. The dates of the maps are not known. Each bidder should rely on their own investigation before bidding.

35 Improvements Plan 100.0' Wood Mezzanine 20.0' Records 45.0' Production Area Office Shop Office 56.0' 84.0' Counter Area 20.0' Retail Office 36.0' Sketch by Apex IV Comments: AREA CALCULATIONS SUMMARY Code Description Net Size Net Totals GBA1 Production Area GBA2 Office Area BUILDING AREA BREAKDOWN Breakdown Subtotals Production Area 16.0 x x Office Area 20.0 x x Net BUILDING Area (Rounded) Items (Rounded) 5940 All information obtained from a third party report. The dates of the maps are not known. Each bidder should rely on their own investigation before bidding.

36 Aerial View Looking North Aerial View Looking South All information obtained from a third party report. The dates of the maps are not known. Each bidder should rely on their own investigation before bidding.

37 Aerial View Looking East Aerial View Looking West All information obtained from a third party report. The dates of the maps are not known. Each bidder should rely on their own investigation before bidding.

38 Broker Acknowledgement Form If you are a broker representing a prospective bidder, please complete and return the following Broker Acknowledgement Form by the required date. For more information, please contact Stephanie Young, Auction Markets, and Stephanie@auctionmarkets.com. Be sure to download the Auction Markets app on itunes! Search for RealtyMarkets and download it today.

39 BROKER ACKNOWLEDGMENT FORM Must be received by Auction Markets two business days prior to the Auction. Send to Stephanie Young, Auction Markets, at or (fax) PROPERTY ADDRESS: 300 Mall Drive, Martinsburg, West Virginia PROSPECTIVE BUYER NAME: PROSPECTIVE BUYER ADDRESS: PROSPECTIVE BUYER PHONE # PROSPECTIVE BUYER This shall serve as written notice to register the above referenced Prospective Buyer with Auction Markets with respect to the above referenced property to be sold at Auction on the above referenced date. A 2% commission based on the high bid will be paid to the registered broker named herein if: a) Broker Acknowledgment Form is properly completed and submitted timely and accepted by Auction Markets LLC; b) the Prospective Buyer named herein is the highest bidder at the Auction Sale; and c) the Prospective Buyer named herein as the highest bidder at the Auction Sale executes a Contract of Sale and closes on the sale of the subject property in accordance with the terms of the sale. If Auction Markets is required to litigate to collect the commission, reasonable attorney s fees and costs shall be deducted from the gross commission collected and the balance shall be divided proportionately. In order to be applicable, all Broker Acknowledgment Forms must be received by Auction Markets on or before 4:00 p.m. two business days prior to the auction. Agents must accompany their buyer to the auction if the property is being sold via a live auction. No Broker Acknowledgment forms will be accepted at the auction site or after the registration deadline. Broker/Agent Signature Broker/Agent Name Printed Real Estate Brokerage Name: Brokerage Phone: Brokerage Address: Prospective Buyer Signature: Date: RECEIVED BY Auction Markets: By: Date:

40 Title Commitment For more information, please contact Stephanie Young, Auction Markets, and Be sure to download the Auction Markets app on itunes!

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