Politics & Government

Two prominent Lexington foreclosure sales postponed or canceled

The master commissioner sale of The Crowne Plaza Lexington — The Campbell House that had been scheduled for Monday was postponed until June 27.

The hotel is in default on its $21 million mortgage held by JPMorgan Chase of Atlanta.

James Frazier III, master commissioner for Fayette Circuit Court, said the sale was postponed because several documents had not been completed, including a property inspection and a hotel audit.

"It had nothing to do with the borrower," he said. "It will sell this time."

Circuit Judge Pamela Goodwine awarded a judgment against the owners, Thoroughbred Campbell House LLC, on April 28 and ordered the property sold.

Also, the scheduled master commissioner sale of the home of John T. Kemper III, the Republican nominee for state auditor, was canceled.

Kemper and his wife, Susan, bought their home at 4413 Ravens Crest Lane in Raven Ridge Estate in 2002 and were in default on their $1.4 million mortgage to Citimortgage, according to the master commissioner Web site. Calls to Kemper's Cincinnati attorney, Tina R. Edmondson, were not returned Monday.

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