September 8, 2015

Sold: Promissory Note with 6% Interest Secured by Four (4) Parcels of Land in the Principal Amount of $210,000.00 !

Item Id: Martin01
Case Name: Martin, Nancy Lee
Case Number: 10 06462
Trustee:
Starting Minimum Bid: $4,500

Description: Estate’s interest in a 5.99% interest in the following Promissory Notes:

Four (4) promissory notes (Escrow # 136438-K) secured by four (4) parcels of land, Parcels 1-4 of Parcel Map 33859, County of Riverside, State of California. Each of the four promissory notes carry a principal amount of $52,500.00 with 6% per annum, payable monthly beginning July 30th 2014, payable in full by June 27th, 2017. The Estate has been receiving interest payments.

Payment history to be provided shortly

Location Info: The parcels are located in Riverside County, California. Parcel numbers are:
964-050-047-3;
964-050-048-4;
964-050-049-5;
964-050-050-5

Past and current payments have been made directly to the Title firm (owner) who, in turn, has endorsed on to the Trustee to benefit the debtor’s Estate. Once the promissory notes are sold, payments will be redirected to the new owner

Liens: We do not know of any other liens.

*Picture is of general area, not representative of actual property.*

Bidding Guide: Please review the bkassets.com bidding guide for terms of auction prior to placing a bid or making an offer..