Foreclosure notice

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FORECLOSURE SALE NOTICE
WHEREAS, on May 19, 2015, Steven Nielson and Kyle Ninker (collectively, “Borrowers”), as mortgagors, executed and delivered to First Bank, Division of Glacier Bank (f/k/a First Bank of Wyoming, Division of Glacier Bank) (“Lender”), as mortgagee, a mortgage on certain real property described in the Mortgage as security for payment of a promissory note in the principal amount of $76,117.00, which was executed by Borrowers in favor of Lender on the same date. The mortgage was duly recorded at the office of the County Clerk in and for Park County, Wyoming on May 21, 2015, as Document No. 2015-2475; and
WHEREAS, there have been material breaches of the promissory note and mortgage, and Borrowers are thus in default; and
WHEREAS, the mortgage contains a right of foreclosure provision which, by reason of the above-stated defaults, Lender, as the owner and holder of the mortgage, declares to have become operative; and
WHEREAS, as of September 4, 2019, the total amount due and owing to Lender is $66,867.34, which represents the unpaid principal balance of $64,551.13, plus accrued but unpaid interest in the amount of $913.71 (with interest continuing to accrue at the rate of $12.10 per diem after September 4, 2019), plus additional charges in the amount of $1,402.50. The total amount due will also increase in an amount equal to any additional late charges, attorney’s fees and other charges, fees and/or costs which accrue pursuant to the terms of the promissory note and the mortgage; and
WHEREAS, the property being foreclosed upon may be subject to other liens and encumbrances that will not be extinguished at the sale. Any prospective purchaser should research the status of title before submitting a bid.
NOW, THEREFORE, Lender will have the mortgage foreclosed as provided by law by causing the mortgaged property to be sold at public venue by the Sheriff or Deputy Sheriff in and for Park County, Wyoming, to the highest bidder for cash at 10:00 a.m. on October 9, 2019, at the front door of the Park County Courthouse located at 1002 Sheridan Avenue, Cody, Park County, Wyoming, for application on the above-described amounts secured by the mortgage, said mortgaged property having an address of 162 N. Clark Street, Powell, Wyoming 82435 and being more particularly described as follows, to-wit:
Lots 3 & 4, Block 47, Original Townsite (now city) of Powell, according to the plat recorded in Book “C” of Plats, page 28, Park County, Wyoming.
DATED this 4th day of September, 2019.
FIRST BANK, Division of Glacier Bank
(f/k/a First Bank of Wyoming, Division of Glacier Bank)
By:
Nicholas M. Crandall, WSB #7-5144
Bradley D. Bonner, WSB #5-2983
Bonner Law Firm, P.C.
1102 Beck Avenue
Cody, Wyoming 82414
(307) 586-4135
nick@bonnerlawfirmpc.com
brad@bonnerlawfirmpc.com
First Publ., Thurs., Sept. 5, 2019
Final Publ., Thurs., Sept. 26, 2019

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