STATE OF NEW MEXICO
COUNTY OF SOCORRO
SEVENTH JUDICIAL
DISTRICT COURT


No. D-725-CV-2022-00072

HSBC BANK USA, NATIONAL ASSOCIATION, AS INDENTURE TRUSTEE FOR PEOPLE’S CHOICE HOME LOAN SECURITIES TRUST SERIES 2005-4,

Plaintiff,

vs.

DONALD PADILLA AND UNKNOWN SPOUSE OF DONALD PADILLA, IF ANY,

Defendants.

NOTICE OF SALE

NOTICE IS HEREBY GIVEN that on May 9, 2023, at the hour of 10:00 AM, the undersigned Special Master, or his designee, will, at the front entrance of the Socorro County Courthouse, at 200 Church Street, Socorro, NM 87801, sell all of the rights, title, and interests of the above-named Defendant(s), in and to the hereinafter described real property to the highest bidder for cash. The property to be sold is located at 328B NE Frontage Road, Polvadera, New Mexico 87828, and is more particularly described as follows:
Beginning at Corner No. 1 which bears South 12° 39′ West, 1808.9 feet distant from the Section Corner common to Sections 22, 23, 26, and 27, Township 1 South, Range 1 West;
North 86° 30′ West, a distance of 142.6 feet to Corner No. 2; thence, South 2° 44′ West, along a ditch easement, a distance of 256.7 feet to Corner No. 3; thence, South 88° 16′ East, a distance of 133.8 feet to Corner No. 4; thence, North 4° 45′ East, a distance of 250.1 feet to Corner No. 1, the point of beginning,

Also Recorded As:

Beginning at Corner No. 3, which bears South 12° 39′ West, 1808.9 feet distant from the Section Corner common to Sections 22, 23, 26 and 27, Township 1 South, Range 1 West;
North 85° 30′ West, a distance of 142.6 feet to Corner No. 2;
thence, South 2° 44′ West, along a ditch easement, a distance of 256.7 feet to Corner No. 3; thence, South 88° 16′ East, a distance of 133.8 feet to Corner No. 4; thence, North 4° 45′ East, a distance 250.1 feet to Corner No. 1, the point of beginning,

Said tract of land containing 0.8 acres of land, more or less.
Also included in the following legal:

Legal Desc [TWP. 1S, RGE, 1W, SEC. 27

A TRACT OF LAND WITHIN, BOUNDED ON THE E. BY PADILLA, W. BY HWY., S. BY CHAVEZ AND N. BY PADILLA, AKA LOT IN MRGCD MAP 151.

including any improvements, fixtures, and attachments, such as, but not limited to, mobile homes. , (hereinafter the “Property”). If there is a conflict between the legal description and the street address, the legal description shall control.
The foregoing sale will be made to satisfy a foreclosure judgment rendered by this Court in the above-entitled and numbered cause on March 16, 2023, being an action to foreclose a mortgage on the Property. Plaintiff’s judgment is in the amount of $54,573.90, and the same bears interest at the variable rate of 8.125%, accruing at the rate of $12.15 per diem. The Court reserves entry of final judgment against Defendant(s), Donald Padilla, for the amount due after foreclosure sale, including interest, costs, and fees as may be assessed by the Court. Plaintiff has the right to bid at the foregoing sale in an amount equal to its judgment, and to submit its bid either verbally or in writing. Plaintiff may apply all or any part of its judgment to the purchase price in lieu of cash.
In accordance with the Court’s decree, the proceeds of sale are to be applied first to the costs of sale, including the Special Master’s fees, and then to satisfy the above-described judgment, including interest, with any remaining balance to be paid unto the registry of the Court in order to satisfy any future adjudication of priority lienholders.
NOTICE IS FURTHER GIVEN that in the event that the subject Note and Mortgage is not sooner paid off or reinstated, the undersigned Special Master will, as set forth above, offer for sale and sell the Property to the highest bidder for cash or equivalent, for the purpose of satisfying, in the adjudged order of priorities, the judgment and decree of foreclosure described herein, together with any additional costs and attorney’s fees, including the costs of advertisement and publication for the foregoing sale, and, reasonable receiver and Special Master’s fees in an amount to be fixed by the Court. The amount of the judgment due is $54,573.90, plus interest to and including date of sale in the amount of $850.50, for a total judgment of $55,424.40.
The foregoing sale may be postponed and rescheduled at the discretion of the Special Master, and is subject to all taxes, utility liens and other restrictions and easements of record, and subject to a one (1) month right of redemption held by the Defendant(s) upon entry of an order approving sale, and subject to the entry of an order of the Court approving the terms and conditions of sale.
Witness my hand this 23rd day of March, 2023.

/s/ David Washburn
DAVID WASHBURN, Special Master
8100 Wyoming Blvd NE
Suite M-4, Box 272
Albuquerque, NM 87113
Telephone: (505) 318-0300
E-mail: [email protected]

Published in the El Defensor Chieftain on March 30, 2023 and April 6, 13 & 20, 2023