In order to comply with the orders of
the Fayette Circuit Court, the Commissioner will sell the property described
in the following action on the date shown below at the hour of 12:00 noon
in the ROBERT F. STEPHENS COURTHOUSES, FAYETTE CIRCUIT COURT BUILDING,
120 NORTH LIMESTONE, Lexington, Kentucky. A bailiff will direct you to the appropriate room. Said property shall be sold to raise the amounts hereinafter
set forth, together with interest and the costs of the action, and upon
the (unless otherwise indicated) following terms and conditions.
At the time of sale the successful bidder shall either pay cash or make
a deposit of 10% of the purchase price with the balance on credit for
thirty (30) days. In the event the successful bidder desires
or elects to credit the balance, he or she will be required to post
bond and furnish an acceptable surety thereon. Said bond
shall be for the unpaid purchase price and bear interest at the rate
the judgement bears, from the date of sale until paid in full, and shall
have the force and effect of a judgement. The bond interest rate charged
on any unpaid balance is listed for each case shown in Upcoming Sales.
(B) The purchaser
shall be required to assume and pay all taxes or assessments upon the
property for the current fiscal tax year (i.e. the amount that will
be due thru June 30, 2019) and all subsequent years. All other delinquent
taxes or assessments upon the property for prior years shall be paid
from the sale proceeds if properly claimed in writing and filed of record
by the purchaser within ten (10) days from the date of sale.
(C) The property shall otherwise be sold free and clear of any right, title and interest of all parties to the action and of their liens and encumbrances thereon, excepting easements and restrictions of record in the Fayette County Court Clerk's Office and such right of redemption as may exist in favor of the United States of America or the defendant(s).
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