NOTICE OF FORECLOSURE SALE:
U.S. BANK NATIONAL ASSOCIATION, AS INDENTURE TRUSTEE, SUCCESSOR IN INTEREST TO BANK OF AMERICA, NATIONAL ASSOCIATION, AS INDENTURE TRUSTEE, SUCCESSOR BY MERGER TO LASALLE BANK NATIONAL ASSOCIATION, AS INDENTURE TRUSTEE FOR LUMINENT MORTGAGE TRUST 2005-1 MORTGAGE BACKED NOTES, v. MICHAEL LAWRENCE AVERY; NEW CENTURY MORTGAGE CORPORATION; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., AS NOMINEE FOR NATIONWIDE LENDING CORPORATION; STATE OF HAWAII – DEPARTMENT OF TAXATION; ASSOCIATION OF APARTMENT OWNERS OF HARBOR SQUARE; FIRST HAWAIIAN BANK – MAIN BANKING CENTER; and DOES 1 through 20, Inclusive
Civil No. 18-1-0265-02 (JHC) (Foreclosure)
225 Queen Street,#20H, Honolulu, Hawaii 96813
TMK:(1)2-1-016-015-0104
PROPERTY DESCRIPTION: 2 bedrooms, 2 baths, Fee Simple unit in Harbor Square with living area approx. 624 sq. ft., 116 sq. ft. open porch
OPEN FOR INSPECTION: Sunday, June 16, 2019, 10:00 am–1:00 pm
Sunday, June 23, 2019, 10:00 am–1:00 pm
PUBLIC AUCTION DATE: Tuesday, July 09, 2019, 12:00 Noon at the EWA front entrance of the Circuit Court of the First Circuit (Judiciary Building), 777 Punchbowl Street, Honolulu, Hawaii.
TERMS OF SALE: (1)No upset price; (2) Property sold strictly in "AS IS” and “WHERE IS” condition and may be “SUBJECT TO” other prior liens, defects, encumbrances, or other matters affecting title, and outstanding real property taxes; (3) Property sold without covenant or warranty, expressed or implied, as to title, possession or encumbrances and upon information and belief, Property has encumbrances; (4) Purchaser must pay no less than 10% of the highest successful bid price in cash, certified or cashier’s check at the close of the auction and prior to bidding must show proof of the ability to make such payment; (5) Property to be conveyed by quitclaim conveyance and upon payment by Purchaser of all costs related to the sale, including, but not limited to costs of drafting conveyance documents, notary fees, consent fees, escrow fees, delinquent maintenance fees as allowable by law, conveyance taxes and fees; (6) Purchaser is responsible for all title insurance, however, availability of title or other insurance shall not be a condition of closing; (7) Purchaser is responsible for obtaining possession after closing; (8) If the successful bidder later fails to comply with the terms and conditions of the public sale of fails to complete the purchase, the down payment shall be forfeited by that bidder (9) Pursuant to Act 182, both condo and homeowner associations can assess the new buyer for the previous owner’s delinquency up to 6 months – no limit on amount. SALE IS SUBJECT TO COURT CONFIRMATION.
For Further Information, Please Contact
Michelle W.J. Wong, Commissioner
975 Kapiolani Blvd., 2nd Floor
Honolulu, Hawaii 96814
(808) 389-3067 mw.rhlc@gmail.com
(SA1203502 6/9, 6/16, 6/23/19)
