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NOTICE OF COMMISSIONER’S SALE

Admin by Admin
September 20, 2024
in Legal Ads
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COMMONWEALTH OF KENTUCKY

 LAWRENCE CIRCUIT COURT

C.A. NO. 23-CI-00114

 

FREEDOM MORTGAGE CORPORATION                                                                                                       PLAINTIFF,

 

VS:                                                          NOTICE OF COMMISSIONER’S SALE

 

THEODORE A. THOMPSON and ANGEL M. THOMPSON                                                                       DEFENDANTS

 

Pursuant to the In Rem Judgment and Order of Sale rendered in the above-styled action on January 26, 2024, for the sum of one hundred fifteen thousand three hundred sixty-two dollars and fifty-two cents ($115,362.52), plus interest and other costs and expenses, I shall proceed to offer for sale at the front door of the Lawrence County Courthouse, at 122 S. Main Cross Street, in Louisa, Kentucky, to the highest bidder, at public auction on Friday, October 4, 2024, at or about the hour of 11:00 a.m. the following described property, lying and being in Lawrence County, Kentucky, to-wit:

 

PVA property map no. 109-00-00-019.01

Current property address:71 Slatelick Branch Rd., Louisa, Ky 41230

 

TERMS OF SALE:

 

  1. The successful bidder, if other than Plaintiff Freedom Mortgage Corporation, or its affiliates, successors or assigns, at the time of sale, shall either pay cash or make a deposit of ten percent (10%) of the purchase price, with the balance on credit for thirty (30) days.

 

  1. The successful bidder, if other than Plaintiff Freedom Mortgage Corporation, or its affiliates, successors or assigns, shall be required to execute a bond with good surety thereon for the unpaid purchase price of said property, if any, bearing interest at 4.875% per annum from the date of sale until paid, having the force and effect of a Judgment upon which execution may issue, if not paid at maturity; and a lien shall be retained upon the real property above described as additional security.

 

  1. The property shall be sold subject to any easements and restrictions of record in the Lawrence County Clerk’s Office and such right of redemption as may exist in favor of the United States of America and/or the record owners thereof, pursuant to 28 U.S.C. or KRS 426.530.

 

  1. If a representative of the Plaintiff is not present at the date and time of sale to submit a bid on behalf of the plaintiff, the Master Commissioner is directed to cancel the sale, and to accept no other bids.

 

  1. The purchaser shall be required to assume and pay all real property taxes or assessments upon the property for the calendar year 2024 and all subsequent years.

 

 

/s/NELSON T. SPARKS                   

NELSON T. SPARKS

MASTER COMMISSIONER

LAWRENCE CIRCUIT COURT

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