STATE OF NEW MEXICO
COUNTY OF BERNALILLO
SECOND JUDICIAL DISTRICT COURT
NO. D-202-CV-2013-04465
SANDIA LABORATORY FEDERAL CREDIT UNION,
Plaintiff,
v.
JOHN P. MOLT III and INGA L. HERMANN, Husband and Wife,
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 Bernalillo, State of New Mexico, more particularly described as:
Lot numbered Six (6) in in Block lettered “I” of the NEW HOLIDAY PARK, Parts 5 & 6, a subdivision to the City of Albuquerque, New Mexico, as the same is shown and designated on the Plat thereof, filed in the Office of the County Clerk of Bernalillo County, New Mexico, on April 27, 1971.
The property may be located at 12108 Bermuda Dr. NE, Albuquerque, NM 87111.
The sale shall commence at 4:45 p.m. on November 13, 2014, at the front entrance to the Second Judicial District Court House, at 400 Lomas NW, Albuquerque, NM 87102. 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 this Sale, 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 $186,346.30, plus interest from May 10, 2013, at the rate of 4.42% per annum, together with late fees accruing at the rate of $47.15 per month until sale; plus attorney fees in the amount of $1,786.90 and costs incurred by Plaintiff in the amount of $296.56, unpaid taxes of at least $6,921.14, and expenses as allowed pursuant to the terms of the mortgage in the amount of $194.25, plus interest from October 7, 2014, 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.
Respectfully submitted:
“Electronically filed”
By: s/Kathleen Brandt, attorney at law
KATHLEEN BRANDT
Special Master
1212 Pennsylvania NE
Albuquerque, NM 87110
(505) 266-8787
HCS Pub. October 10, 17, 24, 31, 2014
