NO. D-1329-CV-2011-00614

By on August 12, 2011

STATE OF NEW MEXICO

COUNTY OF SANDOVAL

THIRTEENTH JUDICIAL DISTRICT COURT

NO. D-1329-CV-2011-00614

KIRTLAND FEDERAL CREDIT UNION,

Plaintiff,

v.                                            

BRETT A. DENISON and JEANNETTE D. DENISON,

Husband and Wife, BSM FINANCIAL D/B/A

BANKSOURCE MORTGAGE, JOHN DOE and JANE DOE,

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:

Lots Numbered Forty-Three (43) in Block Numbered Three-A (3-A), of Oakmont Portion of PANORAMA HEIGHTS, a subdivision in the City of Rio Rancho, Sandoval County, New Mexico, as the same is shown and designated on the Plat of said subdivision filed in the office of the County Clerk, Sandoval County, New Mexico, on April 12, 1971, in Rio Rancho Estates Map Book Vol. 1, folio 101-A.

More commonly described as3905 Oakmount Drive SE, Rio Rancho, NM 87124.

The sale shall commence at 11:30 a.m. on September 9, 2011, at the front entrance to the Thirteenth Judicial  District Court House, at1500 Idalia Rd, Bldg. A,Bernalillo,NM87004.   The property will be sold 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 $120,573.88, plus interest from June 25, 2010, at the rate of 8.59% per annum;  $8,477.69, plus interest from April 1, 2010, at the rate of 7.54% per annum; $25,069.37, plus interest from April 1, 2010, at the rate of 6.75% per annum; plus attorney fees in the amount of $3,074.11 and costs incurred by Plaintiff in the amount of $512.48, plus interest from July 22, 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/Michael E. Kushner, Attorney at Law

Michael E. Kushner

Special Master

P.O. Box35487

Albuquerque,NM87176-5487

(505) 254-2105

HCS Pub. August 12, 19, 26, September 2

Leave a Reply

Your email address will not be published.