NOTICE OF FORECLOSURE SALE

2058 Kuhio Ave., Apt. #2306, Honolulu, HI 96815, TMK # (1) 2-6-016-046-0266, Sky Court Hawaii Inc., a Hawaii corporation vs. Akira Arai, et al., Civ. No. 16-1-1424 (JHC) (Foreclosure) (First Circuit): Sublease interest, room with 1 bath. No assigned parking stall.
OPEN FOR INSPECTION: Sun., 11/18/2018 2:00 pm – 5:00 pm; Sun., 12/02/2018 2 pm – 5 pm. (Commissioner will be in the main lobby to accompany interested persons to the unit.)
AUCTION DATE: 12/21/2018, Fri., 12:00 noon, at the front entrance (Ewa side) of the First Circuit Court, 777 Punchbowl St., Hon., HI 96813.
TERMS OF SALE: Property will be sold "as is" to the highest bidder at public auction, with no upset price and with no representations or warranties as to title, possession, or any other warranty. Not less than 10% of the highest successful bid price shall be deposited with the commissioner immediately upon the close of bidding by cash, certified check or cashier’s check. Prior to bidding, each bidder must show proof of buyer’s ability to comply with the down payment requirement. The balance of the purchase price shall be paid upon approval and confirmation of the sale. All costs and expenses of closing, including without limitation, the cost of conveyance documentation, conveyance tax, escrow and recording fees, and securing possession of the property upon recordation shall be the responsibility of and paid by the buyer. THE OWNER OF THE SUBJECT UNIT HAS NO RIGHT TO POSSESS/OCCUPY THE SUBJECT UNIT. THIS SALE SHALL BE SUBJECT TO THE (i) GROUND LEASE BETWEEN CSH WAIKIKI FEE, LLC and CSH WAIKIKI OWNER, LLC, and (ii) SUBLEASE BETWEEN CSH WAIKIKI OWNER, LLC and AKIRA ARAI, BOTH OF WHICH HOLD A PRIORITY POSITION IN RELATION TO THE MORTGAGE THAT IS BEING FORECLOSED ON IN THIS FORECLOSURE ACTION. SALE IS SUBJECT TO COURT CONFIRMATION. For more info, contact Jenny Tenrai, Commissioner, PO Box 10884, Hon., HI 96816, Ph 808-533-3003.
(SA1150516 11/18, 11/25, 12/2/18)