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HomeMy WebLinkAbout13- Aspen Homes 2460124 Notice of Trustee Sale Upon recording, please return to: Jennings Law Office, P.C. 1704 West Babcock Bozeman, Montana 59715 2460124 Page: I Of 2 08121/2013 01 86:21 PM Fee. $14.00 III IIIIII ar.j Ott& Mills - Gallatin Count MT TS I III Bill III Ififil AMENDED NOTICE OF TRUSTEE SALE TO BE SOLD FOR CASH at Trustee' s Sale, on the 2311 day of December 2013, at 10:05 o'clock a.m. , at the east door of the Gallatin County Courthouse, 311 West Main, Bozeman, Montana 59715, the following described real property in Gallatin County, Montana: Lot 14 in Block 13 of Meadow Creek Subdivision Phase 1, situated in portions of the SWIiNE;i, SE'iSW'i and WliSEk of Section 23, Township 2 South, Range 5 East, P.M.M. , City of Bozeman, Gallatin County, Montana, according to the official plat thereof on file and of record in the office of the Clerk and Recorder of Gallatin County, Montana. [Plat reference: J-4531 Aspen Homes, Inc. , of 5575 Black Bear Road, Bozeman, Montana 59715, as Grantor, conveyed the above mentioned real property to Stewart Title of Bozeman, of 2407 West Main, Suite 1, Bozeman, Montana 59718, as Trustee, to secure an obligation owed to Flathead Bank, Valley Bank of Belgrade Branch, of 98 North Broadway, P.O. Box 106, Belgrade, Montana 59714, as Beneficiary, by that Deed of Trust recorded August 25, 2010, as document number 2368457, records of Gallatin County, Montana. Wayne Jennings, attorney at law, was substituted as Trustee in place of Stewart Title of Bozeman, by means of an Appointment of Successor Trustee, dated October, 25, 2012, and recorded October 29, 2012, as document no. 2430578, records of Gallatin County, Montana. Aspen Homes, Inc. , has defaulted in the performance of Promissory Note secured by the above mentioned Deed of Trust, by failing to pay the principal and accrued interest on the Promissory Note given in the original amount of $131, 716.86. The Promissory Note is currently past due and delinquent. As of August 6, 2013, the principal balance owed was $129,200.37 . There are late fees of $565.74, which are also due and payable, and interest accrued in the sum of $1497. 50 from the date of the last payment on the loan 1 2460124 Page 2 of 2 08/21/2013 01:56:21 PM through August 6, 2013, for a total of $131,263. 61. Interest will accrue on the above mentioned obligation at the rate of four and one-quarter percent (4 .25%) per annum, or $15.0439 per day until such time as the full obligation is satisfied. Other expenses to be charged against the sale proceeds include all real property tax payments advanced by lender, the trustee's and attorney's fees and costs and expenses of sale, The Beneficiary has elected to sell the subject property to satisfy the obligation and has directed the Successor Trustee to commence such sale proceedings. This Notice is in substitution for that Notice recorded on August 13, 2013, as Document No. 2459069, records of Gallatin County, Montana and the previous Notice is hereby declared null and void. Dated this 20" day of August 2013. WAYNE 0tNN_1&Ge L/ STATE OF MONTANA ss. County of Gallatin This instrument was acknowledged before me on August 20, 2013, by Wayne Jennings. AMY HANSOM Pri d n w6e: Amy Hanagn Lx, .9tary PuLlic for the State of Montana NoverrUer10,20IResiding at Bozeman, Montana My commission expires: 11/1012014 2