From Hawaii Tribune Herald 04/03/2026:
NOTICE OF FORECLOSURE SALE Pursuant to Findings of Fact, Conclusions of Law, and Order Granting Plaintiff Velocity Commercial Capital Loan Trust 2023-RTL1’s Motion for Summary Judgment and for Interlocutory Decree of Foreclosure, filed August 22, 2025, filed herein on February 23, 2026 in Velocity Commercial Capital Loan Trust 2023-RTL1 vs. Everitt Enterprises, LLC, et al., Civ. No. 3CCV-24-0000268, Circuit Court of the Third Circuit, State of Hawaii, the undersigned Commissioner will sell the following described property at public foreclosure sale on the date and at the time set forth below. PROPERTY DESCRIPTION: Real Property situate at Waiakahiula, District of Puna, Island and County of Hawaii, State of Hawaii, being Lot 320, of the “HAWAIIAN SHORES SUBDIVISION”, area 15,077 square feet, more or less, as shown on File Plan Number 737, filed in the Bureau of Conveyances of the State of Hawaii, and further identified as TMK:(3)1-5-097-007, address 15-643 Puni Mauka Loop South, Pahoa, Hawaii 96778. The house is of double-wall wood frame construction, with a corrugated iron roof, and contains three bedrooms and two and one-half bathrooms. The area under roof is 1,224 square feet. The house was constructed in 2006. TERMS OF SALE: The property will be sold “as is” at public auction with no upset price. The successful bidder at the auction shall make a down payment to the Commissioner in an amount not less than ten percent of the successful bid price, such payment to be made at the close of the auction in cash, cashier’s check or certified check. Prior to bidding, interested parties must show the Commissioner their ability to make the required down payment, in such form as aforesaid, immediately upon close of the bidding. At the Court’s discretion, the ten percent down payment may be forfeited in full or in part if the successful bidder fails to timely close. The balance of the successful bid price shall be paid to the Commissioner upon approval and confirmation of the sale. All costs and expenses of closing shall be paid by purchaser, 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. The inability of purchaser to secure title insurance or financing shall not be a condition of closing. SALE SHALL NOT BE FINAL UNTIL APPROVED AND CONFIRMED BY THE COURT. OPEN HOUSE: Sunday, April 12 and 19, 2026, 9:00 – 11:00 a.m. SALE DATE: Tuesday, May 5, 2026, 12:00 noon, at the front entrance to the Hale Kaulike Courthouse Building, 777 Kilauea Avenue, Hilo, Hawaii. COMMISSIONER: Stephen J. Menezes, 441 Kipuni Street, Hilo, Hawaii 96720; Telephone (808)934-8916. (HTH1524235 4/03, 4/10, 4/17/26)
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