Promissory Note for Sale
Listing Information
Promissory Note for Sale
Minimum Price: $87,400.00
Created: 07/08/2014
Category: Business Property > Financial > Secured Notes
Sale Date: None Set
Trustee
1120 Williams Avenue, P.O. Box 488
Natchitoches, LA 71458
(318)352-3602
Description
Sale of Promissory note or notes, having at present an unpaid balances of $125,348.40 and $37,644.64. The promissory note or notes, described above, are secured by a mortgage encumbering:
TRACT 1: West Half of Southwest Quarter of Southeast Quarter, Section 30, Township 19 North, Range 8 West, Webster Parish, Louisiana; (Assessment #1047881 Municipal Address of the Property being 2333 Jack Martin Road, Minden, LA 71056:
TRACT 2: Begin at the Southwest Corner of the Southwest Quarter of the Southeast Quarter (SW/4 of SE/4), Section 30, Township 19 North, Range 8 West. Webster Parish, Louisiana, for Point of Beginning; thence run North 210 feet; thence run East 210 feet; thence run South 210 feet; thence run West 210 feet, to the Point of Beginning, containing 1.00 acre, more or less, all as is more particularly described as Tract 3 on a plat of survey prepared by Ben Barnes, Registered Land Surveyor, dated Apri113, 1981, as amended April 22, 1985. (Assessment # 104789).
TRACT 3: Begin at a bolt at the Northwest Corner of the Southwest Quarter of the Southeast Quarter (SW/4 of SE/4), Section 30, Township 19 North, Range 8 West, Webster Parish, Louisiana, and run South 322.0 feet; thence run East 210.0 feet; thence run South 191.7 feet; thence run South 89 degrees 12 minutes 08 seconds East 127.92 feet; thence run South 5 degrees 13 minutes 43 seconds East 150.31 feet to the Point of Beginning; thence run South 89 degrees 25 minutes 00 seconds East 233.23; thence run North 74 degrees 30 minutes 16 seconds East 17.98 feet; thence run South 84 degrees 00 minutes 16 seconds East 58.16 feet; thence run South 867.41 feet; thence run North 89 degrees 38 minutes 00 seconds West 413.89 feet; thence run North 8 degrees 55 minutes 39 seconds East 671.61 feet to the Point of Beginning, containing 5.5 acres, more or less, as per plat of survey Prepared by Paul W. Culpepper, Registered Land Surveyor, dated September 16, 1998.