THE UNITED STATES
FOR THE CENTRAL
DISTRICT OF ILLINOIS
PNC BANK, National Association,
FAMILY FOOT & ANKLE CLINIC, P.C., an Illinois corporation; STEVEN KOVACH, an individual; and LYNAE PIERSON, an individual,
1208-1210 East Main Street
Urbana, Illinois 61802
Assigned Judge: Michael M. Mihm
(presiding); Byron G. Cudmore (referral)
NOTICE OF SALE
PUBLIC NOTICE IS HEREBY GIVEN that pursuant to a Judgment of Foreclosure and Sale entered in the above cause on March 17, 2014, an agent for Key Auctions, LLC, will at 10:00 AM on May 15, 2014, at 1208-1210 East Main Street, Urbana, Illinois 61802, sell at public auction to the highest bidder, as set forth below, the following described real estate:
Commonly known as
1208-1210 East Main St, Urbana, Illinois 61802
Property Index No. 91-21-09-379-018.
The real estate is improved commercial property.
The judgment amount was $261,954.73.
Sale terms: The highest bidder shall deliver to Key Auctions, LLC, at the time and place of the judicial sale, a cashier's check or other certified funds in the amount of fifteen thousand dollars ($15,000) payable to Key Auctions, LLC. The balance, plus the Bidder Premium, as such term is defined in the Terms of Judicial Sale, plus costs, as described in the Order Appointing Special Commissioner, is due no later than thirty (30) days after the date of the judicial sale. The subject property is subject to general real estate taxes, special assessments, or special taxes levied against said real estate and is offered for sale without any representation as to quality or quantity of title and without recourse to Plaintiff and in "AS IS" and "WHERE IS" condition. The sale is further subject to confirmation by the court.
Upon payment of the above-referenced sums, the highest bidder will receive a Certificate of Sale that will entitle the highest bidder to a selling officer's deed to the real estate after confirmation of the sale.
The property will be open for inspection, subject to the terms of the Judicial Sale. Plaintiff makes no representation as to the condition of the property. Any Inspections conducted by a prospective bidder shall be done at the prospective bidder's sole expense and shall be for prospective bidder's information only. The results of such inspection shall be deemed confidential. A copy of a prospective bidder's inspection(s) shall be provided to Key Auctions, LLC and PNC Bank, National Association. Prospective bidders are admonished to check the court file to verify all information.
If this property is a condominium unit, the purchaser of the unit at the foreclosure sale, other than a mortgagee, shall pay the assessments and the legal fees required by The Condominium Property Act, 765 ILCS 605/9(g)(1) and (g)(4). If this property is a condominium unit which is part of a common interest community, the purchaser of the unit at the foreclosure sale other than a mortgagee shall pay the assessments required by The Condominium Property Act, 765 ILCS 605/18.5(g-1).
IF YOU ARE THE MORTGAGOR (HOMEOWNER), YOU HAVE THE RIGHT TO REMAIN IN POSSESSION FOR 30 DAYS AFTER ENTRY OF AN ORDER OF POSSESSION, IN ACCORDANCE WITH SECTION 15-1701(C) OF THE ILLINOIS MORTGAGE FORECLOSURE LAW.
For information, contact Special Commissioner: Key Auctioneers, 5520 South Harding Street, Indianapolis, IN 46217, (317)353-1100.
Key Auctions, LLC
5520 South Harding Street, Indianapolis, Indiana 46217
ARNSTEIN & LEHR LLP
120 SOUTH RIVERSIDE PLAZA, SUITE 1200
CHICAGO, IL 60606
Case Number: 13-1458
NOTE: Pursuant to the Fair Debt Collection Practices Act, you are advised that Plaintiff's attorney is deemed to be a debt collector attempting to collect a debt and any information obtained will be used for that purpose.
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