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LEGAL NOTICE COMMISSIONER’S SALE
Tuesday January 10, 2017 at 12:00 Noon
Barren County Courthouse-District Courtroom (Judicial Center) Courthouse Square, Glasgow, Kentucky
FEDERAL NATIONAL MORTGAGE AS- SOCIATION v. LARRY DALE MARTIN; MIDLAND FINANCIAL NCC-2 CORP; UNITED ACCEPTANCE, INC.
By Virtue of Judgment In The Case Set Forth Below: I shall sell to the highest and best bidder at the time and place above, the following real estate and improvements thereon in Barren County, Kentucky, to wit: Description:
Includes 0.51 acres +/- and house. PVA # 94-107-29
Also known as: 355 Shetland Hills Road, Glasgow, KY 42141
For the purchase price, purchaser may pay cash, or may pay 10% of the purchase price in cash, with the balance of the purchase price secured by a purchase money bond due in thirty (30) days, with good and approved surety on the bond, and bearing interest at the rate of 12% per annum from date of sale until paid, said bond to have the same force and effect as a judgment and remain a prior and su- perior lien on the property until fully paid. The property shall be sold with the im- provements thereon, "as is" and specifically subject to easements, restrictions and stipulations of record, assessments for public improvements levied against the property, and any facts which an inspection and accurate survey of the property may disclose. The successful bidder at the sale shall, at bidder’s own expense, carry fire and extended insurance cover- age on any improvements from the date of sale until the purchase price is fully paid, to the extent of the court appraised value of the improvements or unpaid balance of the purchase price, whichever is less as a minimum, with the loss payable clause to the Master Commissioner of the Barren Circuit Court. Bidders shall be prepared to promptly comply with the terms of sale; purchaser shall pay property taxes due for 2016 and following years.
The judgment authorizing the sale is a Judgment and Order of Sale in Barren Circuit Court Civil Action No. 16-CI-283, Federal national Mortgage Association vs. Larry Dale Martin; Midland Financial NCC-2 Corp: United Acceptance. Inc. to recover in rem the amount of $150,312.30, together with interest at the rate of 6.25000% per annum from October 28, 2016 until paid, including at- torney’s fees approved by the court, and costs herein expended.
Inquire of the Master Commissioner.
Temple Dickinson Master Commissioner Barren Circuit Court
Phone (270) 646-0898
www.barrencountymc.50megs.com