NOTICE OF FORECLOSURE SALE

1778 Ala Moana Boulevard, Apt. 4020, Honolulu, Hawaii 96815
(Tax Map Key No. (1) 2-6-012:010 CPR 652)

A Waikiki leasehold studio in the Discovery Bay condominium project constructed in or about 1977, having 464 sq. ft., containing 1 Bath, ocean view, and 1 assigned parking stall. Pending Foreclosure: First Circuit Court; Civil No. 18-1-0891-06 (JHC); American Savings Bank, F.S.B., a federal savings bank vs. Joseph Bryan Alban, as Personal Representative of the Estate of Elizabeth J. Adams, aka Elizabeth Jyothi Adams; Bank of Hawai`i, a Hawai`i corporation; The Association of Apartment Owners of Discovery Bay, a Hawai`i nonprofit corporation; John Does 1-10, et al. (Foreclosure); Unpaid Mortgage balance as of August 13, 2018 was $223,275.00, plus interest of $6,160.02, and late fees of $60.03, for a total as of 8/13/18 of $229,495.05; thereafter a daily $22.94 per diem interest accrual until paid. The information set forth above has been prepared based on tax records, title report and the foreclosure pleadings and is deemed reliable but is not guaranteed. Potential bidders are advised to research public records prior to bidding. OPEN HOUSES: Sunday, June 16, 2019, and Sunday, June 23, 2019, from 2:00 p.m. to 5:00 p.m.; Auction: Monday, July 22, 2019, Noon, Ewa side of the front plaza level, Circuit Court of the First Circuit, 777 Punchbowl Street, Honolulu, Hawaii 96813. TERMS OF SALE: PROPERTY SOLD IN “AS IS” CONDITION without any warranty of title or other warranty at public auction with 10% highest bid payable in cash, certified check or cashier’s check at close of auction. THERE IS NO UPSET PRICE. Balance of highest bid shall be paid in full upon court approval and confirmation of the sale. Potential bidders must be able to provide proof of ability to comply with the 10% bid requirement BEFORE participating in the public auction. Purchaser shall pay ALL costs of closing, including, but not limited to: costs of conveyance, including preparation of conveyance documents, recordation fees, conveyance taxes, real property taxes, proof of title or title insurance, notary fees, as well as the costs of securing possession of the property. If the subject property is a condominium apartment, Purchaser may also be responsible for up a portion of the unpaid assessments with respect to the apartment pursuant to provisions of Section 514A and/or 514B, HRS. Purchaser shall be responsible for securing possession of the property. SALE AND TERMS OF THE SALE ARE SUBJECT TO COURT CONFIRMATION. The Commissioner is authorized to complete and close the sale through escrow if requested by the purchaser or the lender. For more information, send an email to tiare.lindholm@dentons.com, Attn: Commissioner, William C. Byrns, Esq., Tele (808) 524-1800; Fax (808) 524-4591, 1001 Bishop St., Ste. 1800, Honolulu, HI 96813 [see also DCCA website for posted Notice of Public Sale]
(SA1207074 6/11/19)