NOTICE OF FORECLOSURE SALE
U.S. Bank National Association as Legal Title Trustee
for Truman 2016 SC6 Title Trust vs. Donald Potter, et al.
Civil No. 16-1-0201
4523 Kaao Road, Kealia, Kauai, Hawaii 96751
Tax Map Key No.: (4) 4-7-005-024
Property Description:
3-bedroom/1-bath dwelling with approximately 1,350 sq. ft. of living area
and approximately 9,375 sq. ft. of land area
OPEN FOR INSPECTION
Sunday, December 22, 2019, 10:00 a.m. – 1:00 p.m.
Saturday, December 28, 2019, 9:00 a.m. – 12:00 noon
AUCTION DATE: January 17, 2020, at 12:00 noon, front steps of Judiciary Complex, 3970 Kaana Street, Lihue, Hawaii.
TERMS OF SALE: The property is sold in “AS-IS” condition, without any representations or warranties as to title or possession, at public auction to highest bidder. No upset price. The successful bidder shall pay a down payment to the Commissioner, by cash or certified check, in an amount not less than ten percent (10%) of the successful bid price; with the exception of Plaintiff U.S. Bank National Association, who may use the amount of its secured indebtedness as the required ten percent (10%) down payment. The balance shall be paid concurrently with delivery of the documents transferring title. Such sale shall not be final until approved by the Court. Potential bidders must provide proof of their ability to comply with the 10% of bid requirement prior to participating in the public auction. At the Court’s discretion, the 10% down payment may be forfeited in full or in part if the buyer(s) shall fail to pay the balance of the purchase price as and when required. The balance of the purchase price shall be paid to the Commissioner upon the approval and confirmation of the sale by the Court. Buyer shall pay all closing costs, including but not limited to escrow costs, title insurance premiums, conveyance document preparation fees, prorated real property and conveyance tax, recordation and costs of securing possession after closing and any orders of this Court. The inability of the buyer to secure title insurance or financing shall not be a condition of closing. The Commissioner makes no representations or warranties of title or any other warranty. SALE SUBJECT TO OVERBID PROCESS AND COURT CONFIRMATION.
ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED BY INTERESTED BUYERS.
For further information contact:
Dawn N. Murata, Commissioner
2970 Kele Street, Suite 205
Lihue, Kauai, Hawaii 96766
Telephone: 808-245-4572
(TGI1250735 12/11, 12/18, 12/25/19)
