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STATE OF NEW MEXICO COUNTY OF TORRANCE SEVENTH JUDICIAL DISTRICT COURT No. D-722-CV-2018-00030 NEW PENN FINANCIAL, LLC D/B/A SHELLPOINT MORTGAGE SERVICING, Plaintiff, vs. JAMES C. SAWVEL, Defendant. NOTICE OF SALE NOTICE IS HEREBY GIVEN that on December 6, 2018, at the hour of 10:00 AM, the undersigned Special Master, or his/her designee, will, at the front entrance of the Seventh Judicial District Court - Estancia, at 903 N. 5th Street, Estancia, NM 87016, sell all of the rights, title, and interests of the above-named Defendant, in and to the hereinafter described real property to the highest bidder for cash. The property to be sold is located at 508 West Highway 55, Estancia, New Mexico 87016, and is more particularly described as follows: Being all that certain tract which is a portion of the North Half of the Northwest Quarter (N1/2NW1/4) of Section Thirteen (13), Township Six (6) North, Range Eight (8) East, N.M.P.M., and being more particularly described as follows: Beginning at the Northwest corner of the tract herein described, from which the North one-quarter corner of said Section 13 bears N. 88 deg. 34' 30" E., a distance of 1396.24 feet; Thence DUE EAST 361.0 feet; Thence S. 57 deg. E., 52.0 feet; Thence S. 19 deg. W., 378.0 feet; Thence S. 38 deg. W., 455.0 feet; Thence DUE NORTH 744.6 feet to the point of beginning, including any improvements, fixtures, and attachments, such as, but not limited to, mobile homes, (hereinafter the "Property"). If there is a conflict between the legal description and the street address, the legal description shall control. The foregoing sale will be made to satisfy an In Rem foreclosure judgment rendered by this Court in the above-entitled and numbered cause on October 22, 2018, being an action to foreclose a mortgage on the Property. Plaintiff's In Rem judgment is in the amount of $90,472.38, and the same bears interest at the rate of 6.5% per annum, accruing at the rate of $16.11 per diem. The Court reserves entry of final In Rem judgment against Defendant, James C. Sawvel, for the amount due after foreclosure sale, including interest, costs, and fees as may be assessed by the Court. Plaintiff has the right to bid at the foregoing sale in an amount equal to its In Rem judgment, and to submit its bid either verbally or in writing. Plaintiff may apply all or any part of its In Rem judgment to the purchase price in lieu of cash. In accordance with the Court's decree, the proceeds of sale are to be applied first to the costs of sale, including the Special Master's fees, and then to satisfy the above-described In Rem judgment, including interest, with any remaining balance to be paid unto the registry of the Court in order to satisfy any future adjudication of priority lienholders. NOTICE IS FURTHER GIVEN that in the event that the Property is not sooner redeemed, the undersigned Special Master will, as set forth above, offer for sale and sell the Property to the highest bidder for cash or equivalent, for the purpose of satisfying, in the adjudged order of priorities, the In Rem judgment and decree of foreclosure described herein, together with any additional costs and attorney's fees, including the costs of advertisement and publication for the foregoing sale, and, reasonable receiver and Special Master's fees in an amount to be fixed by the Court. The amount of the In Rem judgment due is $90,472.38, plus interest to and including date of sale in the amount of $966.60, for a total In Rem judgment of $91,438.98. The foregoing sale may be postponed and rescheduled at the discretion of the Special Master, and is subject to all taxes, utility liens and other restrictions and easements of record, and subject to a one (1) month right of redemption held by the Defendant upon entry of an order approving sale, and subject to the entry of an In Rem order of the Court approving the terms and conditions of sale. Witness my hand this 29th day of October, 2018. /s/ David Washburn DAVID WASHBURN, Special Master 8100 Wyoming Blvd NE Suite M-4, Box 272 Albuquerque, NM 87113 Telephone: (505) 318-0300 E-mail: sales@nsi.legal Journal: November 8, 15, 22, 29, 2018 Left-red    Print Legal   Email-red   Published on: Thu November 08, 2018