No. D-1314-CV-2011-01280

By on January 20, 2012

THE STATE OF NEW MEXICO

COUNTY OF VALENCIA

THIRTEENTH JUDICIAL DISTRICT

No. D-1314-CV-2011-01280

MARINERS STRATEGIC FUND II, LLC,                                              Plaintiff,   

vs.          

GABRIEL J. PADILLA and YOLANDA A. PADILLA, husband and wife; ABC Corporations I-X, XYZ Partnerships I-X, John Does I-X and Jane Does I-X, THE UNKNOWN HEIRS AND DEVISEES OF ANY OF THE ABOVE, IF DECEASED,                     Defendants.

NOTICE OF SALE ON FORECLOSURE

PLEASE TAKE NOTICE that the above-entitled Court, having appointed me or my designee as Special Master in this matter with the power to sell, has ordered me to sell the real property (the “Property”) situated in Valencia County, New Mexico, commonly known as 1335 Pearl Loop, Bosque Farms, NM 87068, and more particularly described as follows:

LOT NUMBERED FOURTEEN (14) IN BLOCK LETTERED “C”, OF QUIET ACRES, A SUBDIVISION IN VALENCIA COUNTY, NEW MEXICO, AS THE SAME IS SHOWN AND DESIGNATED ON THE PLAT OF SAID SUBDIVISION, FILED IN THE OFFICE OF THE COUNTY CLERK OF VALENCIA COUNTY, NEW MEXICO ON APRIL 5, 1971.

The sale is to begin at 11:45 A.M. on Tuesday, February 21, 2012, on the front steps of the Thirteenth Judicial District Court, City of Los Lunas, County of Valencia, State of New Mexico, at which time I will sell to the highest and best bidder for cash in lawful currency of the United States of America, the Property to pay expenses of sale, and to satisfy the Judgment granted MARINERS STRATEGIC FUND II, LLC.

MARINERS STRATEGIC FUND II, LLC was awarded a Judgment on January 5, 2012, in the principal sum of $90,532.29, plus outstanding interest on the balance through December 31, 2011, in the amount of $4,820.13, plus fees billed in the amount of $2,962.33, plus funds owed by borrower in the sum of $1,534.24, plus attorneys fees in the sum of $2000.00 and costs through January 4, 2012 in the sum of $642.30, with interest on the Judgment including late charges, property preservation fees, escrow advances, attorney’s fees and costs of this suit at the rate of 8.00% per annum from date of the entry of the Judgment until paid.

NOTICE IS FURTHER GIVEN that the real property and improvements concerned with herein will be sold subject to any and all patent reservations, easements, all recorded and unrecorded liens not foreclosed herein, and all recorded and unrecorded special assessments and taxes that may be due.  MARINERS STRATEGIC FUND II, LLC and its attorneys disclaim all responsibility for, and the purchaser at the sale takes the property subject to, the valuation of the property by the County Assessor as real or personal property, affixture of any mobile or manufactured home to the land, deactivation of title to a mobile or manufactured home on the property, if any, environmental contamination on the property, if any, and zoning violations concerning the property, if any.

NOTICE IS FURTHER GIVEN that the purchaser at such sale shall take title to the above described real property subject to a one (1) month right of redemption.

PROSPECTIVE PURCHASERS ATSALEARE ADVISED TO MAKE THEIR OWN EXAMINATION OF THE TITLE AND THE CONDITION OF THE PROPERTY AND TO CONSULT THEIR OWN ATTORNEY BEFORE BIDDING.

By:                                                           Scott Harenberg, Special Master

925 Luna Circle, Suite 2

Albuquerque,NM87102

(505) 980-9866

HCS Pub. January 20, 27, February 3, 10, 2012

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