Hillsboro hospital, city, county named in foreclosure
Hillsboro Community Hospital could be sold at a sheriff’s sale if Bank of Hays wins a mortgage foreclosure petition filed in district court Tuesday.
The petition, filed Tuesday, seeks a court order that the sheriff sell the hospital building and its contents, then distribute the proceeds first to Marion County for $300,000 unpaid real estate taxes, and next to Bank of Hays for more than $9.8 million owed on the mortgage, interest, and costs of the lawsuit.
According to the petition, the bank is entitled to foreclose on the building, inventory, equipment, fixtures, instruments, documents, health care insurance receivables, deposit accounts, court judgments owed to the hospital, securities, and other tangible and intangible property.
Also named as defendants in the lawsuit are CAH Acquisition Company #5; HMC/CAH Consolidated; City of Hillsboro; Public Building Commission of Hillsboro; Board of County Commissioners; and any other party claiming interest in the property.