Foreclosure Public Notice - Pearl 01/30/12

IN THE CIRCUIT COURT FOR THE 7TH JUDICIAL CIRCUIT
SANGAMON COUNTY -
SPRINGFIELD, ILLINOIS
PNC Bank, National Association
PLAINTIFF
Vs.
James M. Pearl; et. al.
DEFENDANTS
2011 CH 00991
NOTICE OF SHERIFF'S
SALE OF REAL ESTATE
PUBLIC NOTICE IS HEREBY GIVEN that pursuant to a Judgment of Foreclosure and Sale entered in the above cause on 10/14/2011, the Sheriff of Sangamon County, Illinois will on 3/6/12 at the hour of 9:00am at in the Second Floor Boardroom of the Sangamon County Courthouse 200 South 9th Street Springfield, IL 62701, or in a place otherwise designated at the time of sale, County of Sangamon and State of Illinois, sell at public auction to the highest bidder for cash, as set forth below, the following described real estate:
PART OF LOT 266 OF MILLER'S BUNN PARK ADDITION. BEING A SUBDIVISION OF THE NORTHWEST QUARTER OF THE SOUTHEAST QUARTER AND THE 21-1/2 ACRES OF THE NORTH 30 ACRES OF THE EAST HALF OF THE SOUTHEAST QUARTER OF SECTION 10, TOWNSHIP 15 NORTH, RANGE 5 WEST OF THE THIRD PRINCIPAL MERIDIAN DESCRIBED AS FOLLOWS: BEGINNING 153.12 FEET EAST OF THE NORTHWEST CORNER OF LOT 285, THENCE EAST 51 FEET, THENCE SOUTH TO THE NORTH LINE OF KNOX AVENUE, THENCE WEST 51 FEET: THENCE NORTH TO THE POINT OF BEGINNING: AND PART OF LOT 255 IN SAID MILLER'S BUNN PARK ADDITION TO THE CITY OF SPRINGFIELD, ILLINOIS DESCRIBED AS FOLLOWS: BEGINNING AT A POINT 153.12 FEET EAST OF THE NORTHWEST CORNER OF LOT 266 IN MILLER'S BUNN PARK ADDITION TO THE CITY OF SPRINGFIELD: THENCE NORTH 82.25 FEET: THENCE EAST 51.00 FEET;
THENCE SOUTH 82.25 FEET: THENCE WEST 51.00 FEET, MORE OR LESS TO THE POINT OF BEGINNING. EXCEPT THE COAL AND OTHER MINERALS UNDERLYING THE SURFACE OF SAID LAND AND ALL RIGHTS AND EASEMENTS IN FAVOR OF THE ESTATE OF SAID COAL AND MINERALS.
PIN 22-10-427-030 & 039
Improved with Residential
COMMONLY KNOWN AS:
1613 Knox Avenue
Springfield, IL 62703
Sale terms: 10% down of the highest bid by certified funds at the close of the auction; The balance, including the Judicial sale fee for Abandoned Residential Property Municipality Relief Fund, which is calculated at the rate of $1 for each $1,000 or fraction thereof of the amount paid by the purchaser not to exceed $300, in certified funds, is due within twenty-four (24) hours. The subject property is subject to general real estate taxes, special assessments, or special taxes levied against said real estate and is offered for sale without any representation as to quality or quantity of title and without recourse to Plaintiff and in "AS IS" condition. The sale is further subject to confirmation by the court.
If the property is a condominium and the foreclosure takes place after 1/1/2007, purchasers other than the mortgagees will be required to pay any assessment and legal fees due under The Condominium Property Act, 765 ILCS 605/9(g)(1) and (g)(4).
If the property is located in a common interest community, purchasers other than mortgagees will be required to pay any assessment and legal fees due under the Condominium Property Act, 765 ILCS 605/18.5(g-1).
If the sale is set aside for any reason, the Purchaser at the sale shall be entitled only to a return of the deposit paid. The Purchaser shall have no further recourse against the Mortgagor, the Mortgagee or the Mortgagee's attorney.
Upon payment in full of the amount bid, the purchaser shall receive a Certificate of Sale, which will entitle the purchaser to a Deed to the real estate after Confirmation of the sale. The successful purchaser has the sole responsibility/expense of evicting any tenants or other individuals presently in possession of the subject premises.
The property will NOT be open for inspection and Plaintiff makes no representation as to the condition of the property. Prospective bidders are admonished to check the Court file to verify all information.
IF YOU ARE THE MORTGAGOR (HOMEOWNER), YOU HAVE THE RIGHT TO REMAIN IN POSSESSION FOR 30 DAYS AFTER ENTRY OF AN ORDER OF POSSESSION, IN ACCORDANCE WITH SECTION 15-1701(C) OF THE ILLINOIS MORTGAGE FORECLOSURE LAW.
For information: Examine the court file or contact Plaintiff's attorney: Codilis & Associates, P.C., 15W030 North Frontage Road, Suite 100, Burr Ridge, IL 60527, (630) 794-9876. Please refer to file number 14-11-21365.
I406532