The Garden Island
Notice #: 0001333870-01
Foreclosures

NOTICE OF FORECLOSURE SALE

Wilmington Trust, National Association, Successor Trustee to Citibank, N.A. As Trustee for Lehman XS Trust 2006-17 Mortgage Pass-Through Certificates, Series 2006-17
vs.
Ronald Kosen, et al.
Civil No. CCV-20-0000037

5340 Kumole Street, Kapaa, Kauai, Hawaii 96746
Tax Map Key No.: (4) 4-6-024-023

Property Description:
3-bedroom/2-bath dwelling with approximately 1,548 sq. ft. of living area
and approximately 12,446 sq. ft. of land area

OPEN FOR INSPECTION
Saturday, July 17, 2021, 9:00 a.m. – 12 noon,
Sunday, July 25, 2021, 10:00 a.m. – 1:00 p.m.

AUCTION DATE: Friday, August 13, 2021, 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 Wilmington Trust, 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 Purchaser 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. Purchaser shall pay all closing costs, including but not limited to costs of escrow fees, 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 Purchaser 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 PURCHASERS.
For further information contact:
Dawn N. Murata, Commissioner
2970 Kele Street, Suite 205
Lihue, Kauai, Hawaii 96766
Telephone: 808-245-4572

(TGI1333870 7/14, 7/21, 7/28/21)