JUDICIAL SALE OF MORTGAGED LANDS

The following mortgaged lands are offered for sale by the Court of King's Bench of Alberta by soliciting tenders to purchase, subject to the restrictions in the existing certificate of title, namely:
PLAN 0420081
BLOCK 1
LOT 74
EXCEPTING THEREOUT ALL MINES AND MINERALS
AREA: 0.847 HECTARES (2.09 ACRES) MORE OR LESS
The property is located at 229 - 52477 HWY 21 Sherwood Park, Alberta, T8A 6K2 .

The following encumbrances will remain on the land following the sale:
042 009 019 Utility Right of Way
042 009 022 Caveat Re: Restrictive Covenant

The land is being offered for sale, as is, where is, on possession. Prospective purchasers ARE NOT entitled to inspect the property and MUST NOT disturb the Occupants of the property.

Prospective purchasers may obtain a copy of the filed appraisal of the property by contacting Penny-Lane Framingham by email at pennylane@hendrixlaw.ca.

The asking price for the property is $900,000.00.

No representations or warranties of any kind are made with respect to the lands, or the condition of the lands and premises on closing. Please note that the highest or any tender may not necessarily be accepted. The deposits of unsuccessful tenderers will be returned to them after the hearing of the application.

Tenders in sealed envelopes referencing the Court file number 2401 00533, accompanied by your address for notification and a bank draft or money order for 10% of the amount of the tender payable to “Hendrix Law” must be in the hands of Hendrix Law, #500, 707 - 7th Avenue SW, Calgary, Alberta, T2P 3H6 by 12:00 noon on April 29, 2024.

The next hearing in this action will be held on May 2, 2024 at the courthouse located at the Calgary Courts Centre at 9th Floor North Tower, at 601 - 5th Street SW, Calgary, Alberta T2P 5P7 at 10:00 A.M. or so soon thereafter as counsel for the plaintiff may be heard, at which time the plaintiff may apply for a foreclosure order, an order for sale to plaintiff, an order accepting any tender received, and /or an order rejecting any tender received.

If your Tender is being sought to be accepted, you will be notified of the date and time when the Court will consider your tender. If your tender is accepted and you do not complete the purchase by the closing date listed in the Court Order, your deposit will be forfeited.

The solicitor for the Plaintiff is Hendrix Law, Attention: Denise M Hendrix of #500, 707 -7 Avenue S.W., Calgary, Alberta, T2P 3H6, 403-269-9400, dhendrix@hendrixlaw.ca.
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