NO. D-1329-CV-2010-02138

By on August 26, 2011

STATE OF NEW MEXICO

COUNTY OF SANDOVAL

THIRTEENTH JUDICIAL DISTRICT COURT

NO. D-1329-CV-2010-02138

KIRTLAND FEDERAL CREDIT UNION,

Plaintiff,

v.

BARBARA L. BRECH, ET AL.,

Defendants.

NOTICE OF SALE ON FORECLOSURE

NOTICE IS HEREBY GIVEN that the above entitled Court, having appointed the undersigned as Special Master in this matter with the power to sell, has ordered the Special Master to sell the below described  real property, situated in the County of Sandoval, State of New Mexico, more particularly described as:

Lot numbered six (6) in Block Numbered Twenty Five (25),CorralesHeights, as the same is shown and designated on the Plat entitled “Portions of Block 1 and 19 and Blocks 20 through 29,CorralesHeights”, filed in the Office of theCountyClerk,Sandoval County,New Mexico, on June 18, 1969, in Plat Book 1, Page 93.

More commonly described as300 Cerro De Ortega Drive SE, Rio Rancho, NM 87124.

The sale shall commence at 4:30 p.m. on September 28, 2011, at the front entrance to the Thirteenth Judicial  District Court House, at1500 Idalia Rd, Bldg. A,Bernalillo,NM87004.   The property will be sold “As Is” to the highest bidder for cash.  The property will be sold subject to any and all unpaid taxes and to any liens and assessments not otherwise foreclosed upon herein. Interested bidders should undertake to make their own determination as to the status of title.

For purposes of this sale, “cash” shall mean (1) cash on hand, (2) other immediately available funds, including, but not limited to, bank cashiers checks, or (3) an irrevocable letter of credit payable at sight issued by a financial institution acceptable to and in a form acceptable to the Special Master in an amount not less than the bid amount, delivered to and approved by the Special Master prior to sale.

For purposes of thisSale, the term “immediately available funds” shall refer to those funds that can be delivered to the Special Master within TWENTY-FOUR (24) hours of the acceptance of the bid.

NOTICE IS FURTHER GIVEN that the proceeds of sale will be applied as follows:  first, to all costs and expenses of sale, including the Special Master’s fee and costs; second, to the judgment awarded to Plaintiff  in the amount of $173,504.64, plus interest from February 4, 2011, at the rate of 5.125% per annum;  plus attorney fees in the amount of $2,488.00 and costs incurred by Plaintiff in the amount of $455.44, plus interest from August 15, 2011, at the rate of 8.75% per annum; third,  in such manner as the Court may determine by order entered after the sale.

NOTICE IS FINALLY GIVEN that Plaintiff may bid and purchase the property at the foreclosure sale and may apply all or a portion of its judgment as cash toward the purchase price.

“Electronically Filed”

By: /s/Kathleen Brandt,

Attorney at Law

Kathleen Brandt

Special Master

1212PennsylvaniaNE

Albuquerque,NM87110

(505) 266-8787

HCS Pub. August 26, September 2, 9, 16, 2011

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