Legal Notices for 02/23/11, page 3

2. On the date of sale, the purchaser shall either pay cash or, with surety on a bond approved by the Commissioner, may pay (10%) down of the purchase price together with a bond (for the remainder of the purchase price) with good and sufficient surety, bearing interest from the day of the sale and payable to the Master Commissioner within thirty (30) days with interest at 12%.  Signatures of principal and surety on the bond shall have the effect of a Judgment.

3. The risk of loss for the subject property shall pass to the purchaser on the date of sale.  Possession of the premises shall pass to the purchaser upon payment of the purchase price and delivery of deed.

4. The purchaser shall be required to assume and pay all taxes or assessments upon the property for the current tax year and all subsequent years.  All 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 prior to payment of the purchase price.

5. The property shall be sold subject to the following:

a. Easements, restrictions and stipulations of record;

b. Assessments for public improvements levied against the following real estate;

c. Any facts which an inspection and accurate survey of the following described real estate may disclose.

6. If the property does not bring two-thirds of its appraised value, a one year right of redemption will exist pursuant to KRS 426.530.

7. This property is sold subject to the right of redemption, if applicable, provided in 28 USCA Sec. 2410.

Dated this 22nd day of February, 2011.

HOWARD O. MANN, MASTER COMMISSIONER

WHITLEY CIRCUIT COURT

104 N. KY AVE., CORBIN, KY 40701; TELEPHONE: (606) 528-0616; FACSIMILE: (606) 528-0709

COMMONWEALTH OF KENTUCKY

34TH JUDICIAL CIRCUIT

WHITLEY CIRCUIT COURT

DIVISION NO. I

CIVIL ACTION NO. 10-CI-00970

L & N Federal Credit Union, PLAINTIFF, VS. BRENDA NAILL, DEFENDANT.

NOTICE OF COMMISSIONER’S SALE

Pursuant to Judgment and Order of Sale entered by the Whitley Circuit Court on February 7, 2011, I shall offer for sale at the Courthouse door in Williamsburg, Kentucky, at public action on Monday, March 14, 2011 at 12:00 p.m., or thereabout, the real property described in this Notice.

The judgment against the defendant, Brenda Naill, plus costs, is as follows:

(1) The sum of $24,457.24 plus interest on the principal balance of $24,012.59 at the contract rate of 6.875% per annum from October 19, 2010 until paid.

(2) The said real property is located in Whitley County, Kentucky and is more specifically described as follows:

BEGINNING at a point on the SE side of Mud Creek Road, the NW corner of Donnie and Deborah Naill property; thence with the SE side of Mud Creek Road N 60 00 00 E, 297.5 ft. to a point, the SW corner the D.W. Siler property; thence with the SW lines of the D.W. Siler property S 50 E 405 ft. to a point; thence S 28 E 335 ft. to a point; thence S 20 E 438 ft. to a point; thence S 12 E 440 ft. to a point; thence S 34 85 ft. to a  point; corner of the Francis Brothers and SE Corner of Donnie and Deborah Naill property; thence with the NE line of the Donnie and Deborah Naill property line N 34 50 51 W 1608.196 ft. to the point of Beginning.

BEING ALL THE SAME LAND acquired by Ronnie Naill and Brenda Naill, husband and wife, by deed of conveyance from Albert Naill and Helen Naill dated February 25, 1987 and recorded in Deed Book 319, at page 263, in the office of the Whitley County Clerk at Williamsburg, Kentucky.

FOR FURTHER SOURCE OF TITLE reference is hereby made to the deed of conveyance from Ronnie Naill, unmarried, to Brenda Naill dated October 17, 2003 and recorded in Deed Book 447, at page 453, in the clerk’s office aforesaid.

Said property address is: 435 Doc Siler Road, Williamsburg, Kentucky 40769.

TERMS OF SALE

1. The above property is indivisible and shall be sold as a whole to produce the sum of money so ordered to be made.

2. On the date of sale, the purchaser shall either pay cash or, with surety on a bond approved by the Commissioner, may pay 10% down of the purchase price together with a bond (for the remainder of the purchase price) with good and sufficient surety, bearing interest from the day of the sale and payable to the Master Commissioner within sixty (60) days with interest at 12%.  Signatures of principal and surety on the bond shall have the effect of a Judgment.

3. The risk of loss for the subject property shall pass to the purchaser on the date of sale.  Possession of the premises shall pass to the purchaser upon payment of the purchase price and delivery of deed.

4. The purchaser shall be required to assume and pay all taxes or assessments upon the property for the current tax year and all subsequent years.  All 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 prior to payment of the purchase price.

5. The property shall be sold subject to the following:

a. Easements, restrictions and stipulations of record;

b. Assessments for public improvements levied against the following real estate;

c. Any facts which an inspection and accurate survey of the following described real estate may disclose.

6. If the property does not bring two-thirds of its appraised value, a one year right of redemption will exist pursuant to KRS 426.530.

7. This property is sold subject to the right of redemption, if applicable, provided in 28 USCA Sec. 2410.

Dated this 22nd day of February, 2011.

HOWARD O. MANN, MASTER COMMISSIONER

WHITLEY CIRCUIT COURT

104 N. KY AVE., CORBIN, KY 40701; TELEPHONE: (606) 528-0616; FACSIMILE: (606) 528-0709

NOTICE:

The Whitley County School District Report Card and school report cards for all Whitley County Schools will be available on the KDE Website at http://applications.education.ky.gov/schoolreportcardarchive/  beginning February 22, 2011.

Anyone without Internet access may receive a printed copy of the report card by contacting the district or school office.

PUBLIC NOTICE:

Pursuant to 405 KAR 8:010, Section 16(5), the following is a summary of permitting decisions made by the Department for Natural Resources, Division of Mine Permits with respect to applications to conduct surface coal mining and reclamation operations in Whitley County. DENALI ENERGY GROUP LLC, 9180430, 01/25/2011

NOTICE:

Please take notice that the City of Williamsburg, Whitley County, Kentucky provides the following statement pursuant to KRS 424.220 and KRS 91A.4046. The City of Williamsburg has completed its annual audit and copies are on file with the City of Williamsburg. For those individuals who wish to view said audit, a copy may be viewed at City Hall, 423 Main Street, Williamsburg, KY.