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Promissory Note and Mortgage for Sale

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Listing Information

Attachments

Promissory Note and Mortgage for Sale



Price: $16,750.00


Other Item Info
Item #: flmbke_1213566
Created: 11/02/2017
Category: Business Property > Financial > Other
Sale Date: None Set
Seller Info
Jacob A Brown
Trustee's Attorney
50 North Laura Street Suite 3100
Jacksonville, FL 32202
(904) 798-3700
Bankruptcy Info
Case #: 3:16-bk-02869
Court: Florida Middle Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of Promissory Note and Mortgage, described as below:

Promissory note in the amount of $22,500 (the "Note") given by the Debtor to the Trustee and secured by a first mortgage on certain real property located at 320 Hollis Drive, Orange Park, FL 32073 (the "Mortgage") given by the Debtor and Hazel B. Brinkley ("Ms. Brinkley"). The material terms of the Note and Mortgage include interest at a rate of 7%, amortized over 20 years with a 5-year balloon, and monthly payments of $174.44.


Additional Details

Bid Amount: $17,250
Bid Increment: $100.00
Bid Deposit: $17,250
Bid Deadline: At least 10 business days prior to the date of the Auction.



Other Information

Terms and Conditions:

See Attached.


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