NOTICE OF POSTPONEMENT AND NOTICE OF FORECLOSURE SALE
Bank of New York N.A. v Fred Patricio, et al;
Civil No. 13-1-0098
824 Akalei Street, Eleele, HI 96705
TMK: 4-2-1-009-109-0000 (Fee Simple)
Large home with two-car attached garage. Entire living area is raised approximately 6 ft. off of the ground with stairs leading to entrances. Home divided into two separate units with separate entrances. Both units were rented approx. $750/mo ea. Unit 1 is 1bd/1bath with small kitchenette. Unit 2 is 1bd/1bath with large living room, lanais, large kitchen and dining area, laundry room, and access to garage. Large front and back yard.
OPEN FOR INSPECTION:
10/13/17 – 3pm-6pm COMPLETED
10/14/17 – 10am-1pm COMPLETED
ORIGINAL AUCTION DATE:
10/24/17 @ 12:00 NoonCANCELLED
NEW AUCTION DATE :
11/28/17 @ 12 :00 NOON
Front steps of the Kauai Judiciary Building, 3970 Kaana St, Lihue, HI.
TERMS OF SALE: No Upset price. Fee Simple Interest. Property Sold “as is” condition at public auction, with 10% of highest bid payable in cash or certified check at close of auction, payable to Kai Lawrence, Commissioner – balance payable upon delivery of title. Potential bidders must show proof of 10% of bid prior to public auction. At the discretion of the court, the 10% down may be forfeit if purchaser fails to pay balance. Purchaser shall pay all costs of closing including, but not limited to costs of escrow fees, title insurance premiums, conveyance document preparation fees, real property and conveyance taxes, outstanding ground rent payments, recordation and costs of securing possession after closing. The inability of Purchaser to secure title insurance or financing shall not be a condition of closing. The Commissioner makes no representation or warranty regarding the property as to title, possession, condition, latent or patent defects, or encumbrances. Interested bidders should conduct their own due diligence regarding the property. SALE SUBJECT TO COURT CONFIRMATION.
For further info contact:
Kai Lawrence, Commissioner
(TGI1040459 10/22, 10/29, 11/5/17)