NOTICE OF DEFAULT AND FORECLOSURE SALE
WHEREAS, on July 26, 2010, a certain Deed of Trust was executed by Grantor(s) Anthony J. Jacobs and Sandra Lee Jacobs in favor of Genworth Financial Home Equity Access, Inc., and the Public Trustee of Pueblo County, Colorado as Trustee, and was recorded on July 30, 2010, at Reception Number 1848472 in the office of the Clerk and Recorder of the County of Pueblo, Colorado; and
WHEREAS, the Deed of Trust was insured by the United States Secretary of Housing and Urban Development (the Secretary) pursuant to the National Housing Act for the Purpose of providing single family housing; and
WHEREAS, the beneficial interest of the Deed of Trust is now owned by the Secretary, pursuant to an assignment recorded on January 23, 2019 at Reception Number 2128802 in the office of the Clerk and Recorder of the County of Pueblo, Colorado.
WHEREAS, a default has been made in the covenants and conditions of the Deed of Trust in that Paragraph 9 (b) (ii) has been violated; and
WHEREAS, the entire amount delinquent is $492,730.12 as of November 20, 2025 and
WHEREAS, by virtue of this default, the Secretary has declared the entire amount of the indebtedness secured by the Deed of Trust to be immediately due and payable;
NOW THEREFORE, pursuant to the powers vested in me by the Single Family Mortgage Foreclosure Act of 1994, 12 U.S.C. 3751 et seq., by 24 CFR part 27, subpart B, and by the Secretary's designation of me as Foreclosure Commissioner, recorded on October 12, 2017 at Reception No. 2084943 in the Pueblo County Clerk and Recorder's Office, notice is hereby given that on November 20, 2025 at 1:00 p.m. local time, all real and personal property at or used in connection with the following described premises (“Property”) will be sold at the public auction to the highest bidder.
A PARCEL OF LAND, BEING PART OF THE SW4 OF SECTION 20 AND BEING PART OF THE NW4 OF SECTION 29 TOWNSHIP 23 SOUTH, RANGE 65 WEST OF THE 6TH P.M., COUNTY OF PUEBLO, STATE OF COLORADO; AND BEING ALL OF "PARCEL 30" AS SHOWN ON A MAP ENTITLED "HATCHET RANCH, PHASE III A & B, AMENDMENT 1", RECORDED OCTOBER 15, 1998, RECEPTION NO. 1243809; IN THE OFFICE OF THE COUNTY CLERK, SAID "PARCEL 30" BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT A POINT MARKED BY A #6 REBAR WITH A 2 1/2" ALUMINUM CAP AT THE NW CORNER OF SECTION 29, TOWNSHIP 23 SOUTH, RANGE 65 WEST OF THE 6TH P.M., COUNTY OF PUEBLO, STATE OF COLORADO;
THENCE S 87°41'45" E 2630.63 FEET ALONG THE NORTH LINE OF SAID SECTION 29 TO A POST IN MOUND AT THE N4 CORNER OF SAID SECTION 29, SAID POINT ALSO BEING THE MOST NORTHERLY CORNER OF "PARCEL 35" AS SHOWN ON SAID MAP ENTITLED, "HATCHET RANCH, PHASE III A & B, AMENDMENT 1";
THENCE S 42°26'44" W 929.75 FEET ALONG THE NORTHWESTERLY LINE OF SAID "PARCEL 35" TO A #5 REBAR WITH ALUMINUM CAP AT THE MOST NORTHERLY CORNER OF "PARCEL 36" AND THE TRUE POINT OF BEGINNING;
THENCE S 49°00'22 W 507.21 FEET ALONG THE NORTHWESTERLY LINE OF SAID "PARCEL 36" TO A #5 REBAR WITH ALUMINUM CAP AT THE NORTHEASTERLY CORNER OF "PARCEL 29";
THENCE N 90°00'00" W 1591.79 FEET ALONG THE NORTHERLY LINE OF SAID "PARCEL 29"; TO A #5 REBAR WITH ALUMINUM CAP ON THE EASTERLY LINE OF A 75 FOOT WIDE PRIVATE ROAD KNOWN AS PINE BLUFF DRIVE;
THENCE THE FOLLOWING FOUR CALLS ALONG THE EASTERLY LINE OF SAID PINE BLUFF DRIVE:
N 26°13'28" E 383.88 FEET; N 11°42'21" E 438.43 FEET; N 06°33'32" W 243.40 FEET; N 17°41'15" W 88.20 FEET TO A #5 REBAR WITH ALUMINUM CAP ON THE SOUTHEASTERLY LINE OF A 75 FOOT WIDE PRIVATE ROAD KNOWN AS SAMUELS LANE;
THENCE THE FOLLOWING TWO CALLS ALONG THE SOUTHEASTERLY LINE OF SAID SAMUELS LANE:
N 41°12'57" E 277.38 FEET; N 45°48'56" E 352.20 FEET TO A #5 REBAR WITH ALUMINUM CAP AT THE MOST WESTERLY CORNER OF "PARCEL 31";
THENCE S 47°33'44" E 1809.33 FEET ALONG THE SOUTHWESTERLY OF SAID "PARCEL 31" TO THE TRUE POINT OF BEGINNING, COUNTY OF PUEBLO, STATE OF COLORADO.
Commonly known as 7226 Pine Bluff Dr. E., Pueblo, CO 81004-9800
The sale will be held in front of the Pueblo County Combined Court located at 501 N. Elizabeth St. Pueblo, CO 81003.
The Secretary of Housing and Urban Development will bid the lesser amount of the loan balance, or the appraised value obtained by the Secretary prior to sale. The Secretary’s bid will be $401,858.47.
There will be no proration of taxes, rents or other income or liabilities, except that the purchaser will pay, at or before closing, his prorated share of any real estate taxes that have been paid by the Secretary to the date of the foreclosure sale.
When making their bids, all bidders except the Secretary must submit a deposit totaling 10% of the Secretary's bid in the form of certified funds or a cashier's check made out to the Secretary of HUD. A deposit need not accompany each oral bid. If the successful bid is oral, a deposit of 10% of the Secretary's bid must be presented before the bidding has closed. The deposit is non-refundable. The remainder of the purchase price must be delivered within 30 days of the sale or at such other time as the Secretary may determine for good cause shown, time being of the essence. This amount, like the bid deposits, must be delivered in the form of certified funds or a cashier's check. If the Secretary is the highest bidder, he need not pay the bid amount in cash. The successful bidder will pay all conveying fees, all real estate and other taxes that are due on or after the delivery date of the remainder of the payment and all other costs associated with the transfer of title. At the conclusion of the sale, the deposits of the unsuccessful bidders will be returned to them.
The Secretary may grant an extension of time within which to deliver the remainder of the payment. All extensions will be for 15-day increments for a fee of $500.00, paid in advance. The extension fee shall be paid in the form of certified funds or a cashier's check made payable to the Secretary of HUD. If the higher bidder closes the sale prior to the expiration of any extension period, the unused portion of the extension fee shall be applied toward the amount due.
If the high bidder is unable to close the sale within the required period, or within any extensions of time granted by the Secretary, the high bidder may be required to forfeit the cash deposit, or at the election of the Foreclosure Commissioner after consultation with the HUD representative, will be liable to HUD for any costs incurred as a result of such failure. The Commissioner may, at the direction of the HUD representative, offer the property to the second highest bidder for an amount equal to the highest price offered by that bidder.
There is no right of redemption, or right of possession based upon a right of redemption, in the mortgagor or others subsequent to a foreclosure completed pursuant to the Act. Therefore, the Foreclosure Commissioner will issue a Deed to the purchaser(s) upon receipt of the entire purchase price in accordance with the terms of the sale as provided herein, HUD does not guarantee that the property will be vacant.
The scheduled foreclosure sale shall be cancelled or adjourned if it is established, by documented written application of the mortgagor to the Foreclosure Commissioner no less than three (3) days before the date of sale, or otherwise, that the default or defaults upon which the foreclosure is based did not exist a the time of service of this Notice of Default and Foreclosure Sale, or all amounts due under the mortgage agreement are tendered to the Foreclosure Commissioner, in the form of certified funds or a cashier's check payable to the Secretary of HUD, before the public auction of the property is completed.
The amount that must be paid if the mortgage is to be reinstated prior to the scheduled sale is $492,730.12 as of November 20, 2025; plus all other amounts that would be due under the mortgage agreement if payments under the deed of trust had not been accelerated, advertising costs and postage expenses incurred in giving notice, mileage by the most reasonable road distance for posing notices and for the Foreclosure Commissioner's attendance at the sale, reasonable and customary costs incurred for title and lien record searches, the necessary out of pocket costs incurred by the Foreclosure Commissioner, and all other costs incurred in connection with the foreclosure prior to reinstatement.
Tender of payment by certified funds or cashier's check or application for cancellation of the foreclosure sale shall be submitted to the address of the Foreclosure Commissioner provided below.
Dated: October 14, 2025
/s/ Deanne R. Stodden
Foreclosure Commissioner
Deanne R. Stodden
1550 Wewatta Street, Suite 710
Denver, CO 80202
Telephone: (303) 623-4806
Email: foreclosure@messner.com