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18720 N 101st St Unit 2004 Scottsdale, AZ
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Ad Text
18720 N 101st St Unit 2004 Scottsdale, AZ

May 22, 2020

NOTICE OF TRUSTEE’S SALE The real property described herein will be sold, pursuant to power of sale under that certain Limited Recourse Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing, executed by SILVERLEAF LAND LLC, a Delaware limited liability company, as Trustor, in which STERLING COLLECTION, LLC, an Arizona limited liability company, is named as the Beneficiary, and LAWYERS TITLE OF ARIZONA, INC., is named the Trustee, dated February 6, 2017, and recorded on February 6, 2017, at Instrument No. 20170090022, in the Official Records of Maricopa County, Arizona (the "Deed of Trust"). NOTICE! IF YOU BELIEVE THERE IS A DEFENSE TO THE TRUSTEE SALE OR IF YOU HAVE AN OBJECTION TO THE TRUSTEE SALE, YOU MUST FILE AN ACTION AND OBTAIN A COURT ORDER PURSUANT TO RULE 65, ARIZONA RULES OF CIVIL PROCEDURE, STOPPING THE SALE NO LATER THAN 5:00 P.M. MOUNTAIN STANDARD TIME OF THE LAST BUSINESS DAY BEFORE THE SCHEDULED DATE OF THE SALE, OR YOU MAY HAVE WAIVED ANY DEFENSES OR OBJECTIONS TO THE SALE. UNLESS YOU OBTAIN AN ORDER, THE SALE WILL BE FINAL and will occur at public auction to the highest bidder at the following time, day and location: 1:30 p.m., the 15th day of July, 2020, at the law office of Snell & Wilmer L.L.P., 400 East Van Buren, One Arizona Center, 19th Floor, Phoenix, Arizona 85004. PURPORTED STREET ADDRESSES OR IDENTIFIABLE LOCATION OF TRUST PROPERTY: See Exhibit A, attached hereto. LEGAL DESCRIPTION OF TRUST PROPERTY: See Exhibit B, attached hereto, together with all buildings, improvements and fixtures thereon. TAX PARCEL NOS.: See Exhibit C, attached hereto. DESCRIPTION OF PERSONALTY: All personalty and fixtures located on, or utilized in connection with, the Property and described in the Deed of Trust and any relevant UCC Financing Statement. ORIGINAL PRINCIPAL BALANCE: $23,000,000.00 NAME AND ADDRESS OF ORIGINAL AND CURRENT BENEFICIARY: Sterling Collection, LLC 18801 North Thompson Peak Parkway, Suite 240 Scottsdale, Arizona 85255 NAME AND ADDRESS OF TRUSTOR: Silverleaf Land LLC 7600 East Doubletree Ranch Road, Suite 300 Scottsdale, Arizona 85258 NAME AND ADDRESS OF TRUSTEE: CRAIG K. WILLIAMS, ESQ. SNELL & WILMER L.L.P. One Arizona Center 400 East Van Buren Phoenix, Arizona 85004-2202 DATED: this 3rd day of April, 2020. /s/ CRAIG K. WILLIAMS, Trustee Manner of Qualification: Member of the State Bar of Arizona, pursuant to A.R.S. §33-803(A)(2). STATE OF ARIZONA COUNTY OF MARICOPA )SS. The foregoing instrument was acknowledged before me this 3rd day of April, 2020, by Craig K. Williams, Esquire, as Successor Trustee. /s/ Betty Linck Notary Public Commission Expires September 4, 2021 (SEAL) EXHIBIT A PURPORTED STREET ADDRESSES 18720 North 101st Street, Unit 2004, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 2005, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 2006, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 2007, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 2008, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 2009, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 2010, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 2011, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 2012, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 2013, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 2014, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 2015, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 3004, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 3005, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 3006, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 3007, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 3008, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 3009, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 3010, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 3011, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 3012, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 3013, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 3014, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 3015, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 4004, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 4005, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 4006, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 4007, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 4008, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 4009, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 4010, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 4011, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 4012, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 4013, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 4014, Scottsdale, Arizona 85255; 18720 North 101st Street, Unit 4015, Scottsdale, Arizona 85255 EXHIBIT B LEGAL DESCRIPTION Units 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 3004, 3005, 3006, 3007, 3008, 3009, 3010, 3011, 3012, 3013, 3014, 3015, 4004, 4005, 4006, 4007, 4008, 4009, 4010, 4011, 4012, 4013, 4014, 4015, of STERLING AT SILVERLEAF, a Condominium, according to the Amended and Restated Condominium Declaration recorded in Document No. 2017-0906039, and according to the plat of record in the office of the County Recorder of Maricopa County, Arizona, recorded in Book 1352 of Maps, page 17. Together with an undivided interest in the common elements as set forth in said Condominium Declaration. EXHIBIT C TAX PARCEL NUMBERS 271-57-589, 217-57-590, 217-57-591, 217-57-592, 217-57-593, 217-57-594, 217-57-595, 217-57-596, 217-57-597, 217-57-598, 217-57-599, 217-57-600, 217-57-613, 217-57-614, 217-57-615, 217-57-616, 217-57-617, 217-57-618, 217-57-619, 217-57-620, 217-57-621, 217-57-622, 217-57-623, 217-57-624, 217-57-637, 217-57-638, 217-57-639, 217-57-640, 217-57-641, 217-57-642, 217-57-643, 217-57-644, 217-57-645, 217-57-646, 217-57-647 and 217-57-648. 5/22, 5/29, 6/5, 6/12, 2020 EDITIONS ARIZONA CAPITOL TIMES

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