FORECLOSURE

SALE

NOTICE

 

WHEREAS, default in the payment of principal and interest has occurred under the terms of a promissory note ("Note") and real estate mortgage (“Mortgage”).  The Mortgage dated September 23, 2015, was executed and delivered by Michael F Kant, Jr. and Steffenie D Kant, Husband and Wife as Tenants by the Entirety (“Mortgagor(s)”) to Mortgage Electronic Registration Systems, Inc., (“MERS”) acting solely as nominee for First Northern Bank of Wyoming, its successors and assigns, as security for the Note of the same date, and said Mortgage was recorded on September 24, 2015, at Reception No. 150320 in Book 88A-252 at Page 306 in the records of the office of the County Clerk and ex-officio Register of Deeds in and for Johnson County, State of Wyoming; and 

WHEREAS, the mortgage was assigned for value as follows:

 

Assignee:  First Guaranty Mortgage Corporation 

Assignment dated:  May 29, 2019

Assignment recorded:  June 10, 2019

Assignment recording information: at Reception No. 181625 in Book 88A-279 at Page 99

 

All in the records of the County Clerk and ex-officio Register of Deeds in and for Johnson County, Wyoming.

WHEREAS, the Mortgage contains a power of sale which by reason of said default, the Mortgagee declares to have become operative, and no suit or proceeding has been instituted at law to recover the debt secured by the Mortgage, or any part thereof, nor has any such suit or proceeding been instituted and the same discontinued; and

WHEREAS, written notice of intent to foreclose the Mortgage by advertisement and sale has been served upon the record owner and the party in possession of the mortgaged premises at least ten (10) days prior to the commencement of this publication, and the amount due upon the Mortgage on the date of first publication of this notice of sale being the total sum of $146,897.19 which sum consists of the unpaid principal balance of $155,756.00 plus interest accrued to the date of the first publication of this notice in the amount of $4,395.38, less Restricted Escrow ($14,806.87), plus other costs in the amount of $1,552.68, plus attorneys' fees, costs expended, and accruing interest and late charges after the date of first publication of this notice of sale;

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 search the status of title before submitting a bid;

NOW, THEREFORE First Guaranty Mortgage Corporation, as the Mortgagee, will have the Mortgage foreclosed as by law provided by causing the mortgaged property to be sold at public venue by the Sheriff or Deputy Sheriff in and for Johnson County, Wyoming to the highest bidder for cash at 10:00 o'clock in the forenoon on September 19, 2019 at the front door of the Johnson County Courthouse located at 76 North Main, Buffalo, Wyoming, Johnson County, for application on the above-described amounts secured by the Mortgage, said mortgaged property being described as follows, to-wit:

TOWNSHIP 49 NORTH, RANGE 81 WEST, 6TH P.M., JOHNSON COUNTY, WYOMING

 

SECTION 1:  A TRACT OF LAND LOCATED IN THE SE ¼, SAID TRACT OF LAND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:

COMMENCING AT THE SOUTHEAST CORNER OF SAID SECTION 1;

THENCE N00⁰20’25”W ALONG THE EAST LINE OF SAID SECTION 1 A DISTANCE OF 412.17 FEET TO A POINT, SAID POINT BEING THE TRUE POINT OF BEGINNING OF SAID TRACT OF LAND;

THENCE S89⁰55’43”W A DISTANCE OF 843.05 FEET TO A POINT;

THENCE N22⁰16’43”E A DISTANCE OF 378.44 FEET TO A POINT;

THENCE N89⁰55’43”E A DISTANCE OF 697.50 FEET TO A POINT, SAID POINT LYING ON SAID EAST LINE OF SAID SECTION 1;

THENCE S00⁰20’25”E ALONG SAID EAST LINE OF SAID SECTION 1 A DISTANCE OF 350.00 FEET TO THE TRUE POINT OF BEGINNING OF SAID TRACT OF LAND.

BASIS OF BEARING BEING THE PRAIRIE LANDS SUBDIVISION AS FILED IN THE OFFICE OF THE CLERK OF JOHNSON COUNTY, WYOMING, IN PLAT BOOK NO. 2, PAGE 210. 

with an address of 298 Cook Rd., Buffalo, Wyoming 82834.

Together with all improvements thereon situate and all fixtures and appurtenances thereto.

Dated this 8th day of August, 2019.  

 

First Guaranty Mortgage Corporation

By: Tamara Schroeder Crolla, #6-3976

Weinstein & Riley, P.S.                                        

123 West 1st Street, Suite 433

Casper, Wyoming 82601-2482

307-462-2690

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