Name 50+/- AC. IN 5 TRACTS-MASTER COMMISSIONER'S SALE
Auctioneer Elmore Realty & Auction, LLC.
Date(s) 12/15/2017
FRIDAY, DECEMBER 15, 2017 1:00PM
Preview Date/Time PLEASE CALL DAKOTA R. ELMORE TO VIEW PROPERTY 270-646-7275
Checkout Date/Time DAY OF SALE
Location 203 CENTER RD
Glasgow, KY 42141
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Description
50.36 ACRES IN 5 TRACTS MASTER COMMISSIONER'S SALE BEAUTIFUL HOME BARNS LOTS OF POTENTIAL SEE TERMS & CONDITIONS FOR FULL DETAILS
LEGAL NOTICE - COMMISSIONER'S SALE FRIDAY, DECEMBER 15, 2017 AT 1:00PM ON LOCATION AT 203 CENTER RD, GLASGOW EDMONTON STATE BANK V. MARK HUGHES; LETITIA HUGHES; INDEPENDENCE BANK OF KENTUCKY; AMERICAN EXPRESS BANK, FSB; JERRY HERTZOG; HANCOCK BANK & TRUST COMPANY 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: SELLING 5 TRACTS OF LAND NEAR THE INTERSECTION OF CENTER ROAD AND HIGHWAY 70, HISEVILLE COMMUNITY, KY. WILL BE AUCTIONED BY ELMORE REALTY ON LOCATION. ALL FIVE ARE PART OF PVA # 137-4 TRACTS WILL BE SOLD SEPERATELY. TRACT #1: INCLUDES 9.57+/- ACRES WITH 2 STORY HOUSE & BARN TRACT #2: INCLUDES 11.10+/- ACRES WITH SMALL HOUSE/OFFICE, LARGE BARN, SHED, AND 2 SILOS. TRACT #3: INCLUDES 15.52+/- ACRES WITH OPEN END HAY BARN AND METAL HOOP BARN (QUONSET) TRACT #4: INCLUDES 8.81+/- ACRES WITH NO IMPROVEMENTS TRACT #5: INCLUDES 5.36+/- ACRES WITH NO IMPROVEMENTS ALL ARE RECORDED IN THE BARREN COUNTY CLERK'S OFFICE IN PLAT BOOK 20, PAGE 841 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 4.95% 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 SUPERIOR LIEN ON THE PROPERTY UNTIL FULLY PAID. THE PROPERTY SHALL BE SOLD WITH THE IMPROVEMENTS THEREON, "AS IS". BIDDERS SHALL BE PREPARED TO COMPLY WITH THE TERMS OF SALE; PURCHASER SHALL PAY PROPERTY TAXES DUE FOR 2017 AND FOLLOWING YEARS. THE JUDGMENT AUTHORIZING THE SALE IS A JUDGMENT AND ORDER OF SALE IN BARREN CIRCUIT COURT CIVIL ACTION NO. 16-CI-203, EDMONTON STATE BANK vs. MARK HUGHES; LETITIA HUGHES; INDEPENDENCE BANK OF KENTUCKY; AMERICAN EXPRESS BANK, FSB; JERRY HERTZOG; HANCOCK BANK AND TRUST COMPANY TO RECOVER FOR INDEPENDENCE BANK OF KENTUCKY, THE AMOUNT OF $259,774.27, TOGETHER WITH INTEREST AT THE RATE OF $31.18 PER DIEM FROM OCTOBER 27, 2017 UNTIL NOVEMBER 16, 2017, AND TO RECOVER THE AMOUNT OF $5,669.15, TOGETHER WITH INTEREST AT THE RATE OF $0.75 PER DIEM FROM OCTOBER 27, 2017 UNTIL NOVEMBER 16, 2017, INCLUDING ATTORNEY'S FEES AND EXPENSES OF $27,088.44 AS OF OCTOBER 27, 2017 TOGETHER WITH ADDITIONAL ATTORNEY FEES APPROVED BY THE COURT, AND TO RECOVER FOR EDMONTON STATE BANK THE AMOUNT OF $10,559.71 TOGETHER WITH INTEREST AT THE RATE OF $1.45 PER DIEM FROM NOVEMBER 13, 2017, AND COSTS HEREIN EXPENDED. INQUIRE OF THE MASTER COMMISSIONER. TEMPLE DICKINSON MASTER COMMISSIONER BARREN CIRCUIT COURT PHONE 270-646-0898
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