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NOTICE OF FORECLOSURE SALE BY AUCTION in Attn: Caroline Otani, Honolulu, HI 96813, USA

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Location: Attn: Caroline Otani, Honolulu, HI 96813, USA
Category: Events & Notices - Legal and Public Notices
Posted: 03/05/2018
Contact: 8085210416


NOTICE OF FORECLOSURE SALE BY AUCTION Pursuant to Findings of Fact, Conclusions of Law and Order Granting Plaintiff's Motion for Summary Judgment Against All Defendants and for Interlocutory Decree of Foreclosure; Exhibit "A" Filed October 23, 2017 in Civil No. 16-1-250K, Third Circuit Court in the State of Hawaii, the undersigned Commissioner has been directed to sell the following described property at public auction. DESCRIPTION: Fee Simple Home Located at 88-683 Papa Bay Drive Honaunau, Hawaii 96726 TMK: (3) 8-8-017-019-0000 District area schools are Hookena Elementary, Honaunau Elementary, Konawaena Elementary, Intermediate and High Schools. NO OPEN HOUSES AUCTION: Tuesday, April 3, 2018 at 12:00 noon at Hale Halawai Flagpole, Kailua-Kona, Hawaii. TERMS OF SALE: Property to be sold "AS IS" condition, without any representations or warranties as to title or possession to the highest bidder at public Commissioner's sale, without an upset price. Plaintiff and all other parties are hereby authorized to purchase the Property at the Commissioner's sale. The successful bidder(s) at the sale shall make a down payment to the Commissioner in an amount not less than ten percent (10%) of the highest successful bid price, such payment to be made in cash or by way of certified or cashier's check, provided that Plaintiff may satisfy the down payment by way of offset up to the amount of its secured debt. Prior to bidding, interested parties must show the Commissioner their ability to make the required down payment, in such form as aforesaid, immediately upon the close of the bidding. At the Court's discretion, the ten percent (10%) down payment may be forfeited in full or in part if the purchaser(s) fail to pay the balance of the purchase price as hereinafter set forth. In no event shall the purchaser(s) be liable for reasonable damages greater than the ten percent (10%) down payment. Plaintiff, or its designee, is authorized to be a purchaser at any sale, without the requirement of any down payment up to the amount owed to Plaintiff at said sale. If Plaintiff is the highest bidder, payment of the down payment and the balance of the sale price shall be made by offset against the amount owed to Plaintiff under the Loan Documents. The purchaser shall pay closing costs, including but not limited to, costs of escrow fees, title insurance premiums, conveyance document preparation fees, conveyance tax, recordation and costs of securing possession after closing. The inability of the Purchaser to secure title insurance or financing shall not be a condition of closing. Upon closing of the foreclosure sale, Purchaser shall pay all costs of closing including escrow fees, title insurance premiums, conveyance document preparation fees, real property tax and conveyance tax, outstanding ground rent payments, and the cost of securing possession after closing. SALE IS SUBJECT TO COURT CONFIRMATION. For further details and legal description contact: SHAWN MAILE NAKOA, ESQ. Rush Moore LLP A Limited Liability Law Partnership 75-167 Kalani Street, Suite 105 Kailua-Kona, Hawaii 96740 Telephone No.: (808) 324-7575 Commissioner (WHT1077057 3/5, 3/12, 3/19/18)
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