No. D-202-CV-2012-08104

By on November 29, 2013

No. D-202-CV-2012-08104
Marlene Transue, Successor Trustee of the Archie R. Gagne Revocable Trust, Plaintiff, vs. Michael E. Jojola, Christina I. Jojola a/k/a Christina Mora, Beneficial Financial I, Inc., Albuquerque Bernalillo County Water Utility Authority, Capital One Bank (USA) N.A., The Unknown Heirs and Devisees of Gerry Adkins, Manuel Anthony Chavez, Cach, LLC, Olguin Auto, Inc., The State of New Mexico Taxation & Revenue Department, Defendants.
NOTICE IS HEREBY GIVEN that on December 27, 2013, commencing at 10:00 a.m., at the main entrance of the Bernalillo County District Courthouse, 400 Lomas Blvd NW, Albuquerque, New Mexico the undersigned Special Master will sell at public auction for cash, the property located at 6021 Azure Ave NE, Albuquerque, Bernalillo County, New Mexico, and more particularly described as: All of that certain parcel of land identified as “Lot numbered Fourteen (14) in Block numbered Two (2), in DESERT TERRACE SUBDIVISION, UNIT NO. 5, Albuquerque, New Mexico, as the same is shown and designated on the plat of said subdivision, filed in the Office of the County Clerk of Bernalillo, September 25, 1969, in Plat Book D4, folio 42.”
The property will be sold to the highest bidder for cash. 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, (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, or (4) all or any portion of a judgment rendered to Plaintiff in this matter, bid as credit toward the purchase amount. 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 pay the judgment awarded to Plaintiff by the Stipulated Order Granting Motion for Summary Judgment and Vacating Hearing Set for November 21, 2013, entered November 21, 2013 in the above-captioned case, in the sum of $117,227.68 plus interest at the rate of 8.75% per annum from November 21, 2013, until the date of payment; third, as further directed by the Court.
Notice is further given that the purchaser at the foreclosure sale shall take title to the Property subject to a one-month right of redemption.
/S/Jeffrey Lake, Special Master
HCS Pub. November 29, December 6, 13, 20, 2013

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