NOTICE OF FORECLOSURE SALE:
BANK OF NEW YORK MELLON TRUST COMPANY, N.A. AS TRUSTEE FOR MORTGAGE ASSETS MANAGEMENTS SERIES I TRUST, vs. RANDALL M.L. YEE, ESQ., AS SPECIAL ADMINISTRATOR FOR THE ESTATE OF PHYLLIS S. MARUYAMA; SECRETARY OF HOUSING AND URBAN DEVELOPMENT; and
DOES 1 through 20 Inclusive
Civil No. 15-1-2376-12 (JHC) (Foreclosure)
2140 Palolo Avenue, Honolulu, Hawaii 96816
TMK No.: (1) 3-4-009-010-0000
PROPERTY DESCRIPTION: All that interest in 4 bedrooms, 2 bath single family residence with approximately 1,224 sq. ft. structure on approximately 4,829 sq. ft. fee simple land.
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 May 08, 2023.
PUBLIC AUCTION DATE: Wednesday, July 19, 2023, 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
mw.rhlc@gmail.com or (808)389-3067
(SA1419570 6/18, 6/25, 7/2/23)
