Right to Payments for Sale
Listing Information
Right to Payments for Sale
Price: $46,000.00
Created: 01/15/2018
Category: Business Property > Financial > Other
Sale Date: None Set
Trustee
P.O. Box 1544
BIGFORK, MT 59911
(406) 837-5445
Description
Sale of Beneficiary’s right to receive the sum of $59,430.73, plus interest, being all of the Beneficiary’s net equity in the following personal property, known as the Towner Note and Trust Indenture. Tract 5 is approximately 11.82 acres, more or less, of unimproved land located in Granite County, Montana, and more described as below:
INSTRUMENTS: Promissory Note and Montana Trust Indenture
DATED: December 1, 2015
NOTICE RECORDED: December 2, 2015, Document No. 67285, Roll – 72,
Page – 1289, Granite County, Montana
ORIGINAL GRANTOR: Les Towner
ORIGINAL BENEFICIARY: Robert M. Braach
ORIGINAL TRUSTEE: Insured Titles
ESCROW AGENT: Insured Titles
LEGAL DESCRIPTION: A tract of land located in the NE1/4 of Section 35, Township 7 North, Range 16 West, P.M.M., Granite County, Montana, being more particularly described as Tract 5 of Certificate of Survey No. 856, filed for record November 3, 2010 as Document No. 60261. SUBJECT to easements, covenants, conditions, restrictions and encumbrances of record. (the “Towner Note and Trust Indenture”).
Financial Overview
Additional Details
Bid exceeding the net to the Estate by at least $1,000 and upon the same or more favorable terms to the Estate.
Bid Deadline: 14 days from the date of service
Last date to respond: 14 days from the date of service
Date of Service: January 10, 2018