NC senator's property set for foreclosure sale

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by Associated Press

WCNC.com

Posted on January 31, 2013 at 4:31 PM

TARBORO, N.C. (AP) -- A foreclosure sale on property belonging to six-term Democratic state Sen. Clark Jenkins of Tarboro is scheduled for April. 

The Daily Southerner of Tarboro reports (http://bit.ly/WV6hdg ) the foreclosure was originally scheduled for Wednesday, but was postponed. 

Jenkins and his wife defaulted on a loan owned by PNC Bank and owe $488,800.36, including $35,701.34 in past due payments, $1,235.52 in late fees and $225.50 in other related costs. 

An affidavit submitted by PNC on Dec. 12, 2012, said the last payment made on the loan was for the period ending Sept. 1, 2011. 

The property, which is listed with a Raleigh real estate firm, is currently selling for $1.25 million. 

Also, Dare County records show Jenkins owes delinquent taxes of $3,272.98.  

Jenkins serves on six committees, including the Senate Finance Committee.
 

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