NOTICE OF FORECLOSURE SALE:
ASSOCIATION OF APARTMENT OWNERS OF PENAKII, through its Board of Directors, vs. JOEL WINFREY LEE; JP MORGAN CHASE & CO. FKA WASHINGTON MUTUAL BANK; WHITE MOUNTAIN SERVICES CORPORATION FKA SOURCE ONE MORTGAGE FKA FIREMAN’S FUND MORTGAGE CORPORATION; CHASE MORTGAGE COMPANY FKA CHEMICAL MORTGAGE COMPANY; CITICORP MORTGAGE, INC.; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC.; HAWAII HOMELOANS INC. NKA CENTRAL PACIFIC BANK; JOHN DOES 1-50; JANE DOES 1-50; DOE PARTNERSHIPS 1-50-; DOE CORPORATIONS 1-50;
DOE ENTITIES 1-50; and DOE GOVERNMENTAL UNITS 1-50
Civil No. 15-1-2345-12 (JHC) (Foreclosure)
94-1216 Kipaa Place, #5D, Waipahu, HI 96797
TMK No.: (1) 9-4-115-006-0020
PROPERTY DESCRIPTION: All that Fee Simple interest in 3 bedrooms, 1.5 bath apartment with approximately 1,194 sq. ft. living area, in the building known as Penakii.
OPEN HOUSE DATES: No Open Houses in accordance with the Order Granting Plaintiff’s Motion For Permission to Sell Property Without Open Houses electronically filed March 06, 2020.
PUBLIC AUCTION DATE: Wednesday, June 02, 2021, 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 including outstanding real property taxes and the mortgage lien interests of all Defendants except Defendant Lee; (4) Purchaser must pay no less than 10% of the highest successful bid price in certified or cashier’s check made payable to TITLE GUARANTY ESCROW 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
firstname.lastname@example.org or (808)389-3067
(SA1325264 5/2, 5/9, 5/16/21)