From Hawaii Tribune Herald 3-24-24:
NOTICE OF FORECLOSURE SALE COURT ACTION: DEUTSCHE BANK NATIONAL TRUST COMPANY, A NATIONAL BANKING ASSOCIATION, ON BEHALF OF FINANCIAL ASSET SECURITIES CORP., SOUNDVIEW HOME LOAN TRUST 2007-WMC1, ASSET-BACKED CERTIFICATES, SERIES 2007-WMC1 V. ANTHONY PAUL SANTOS, ET AL., Civil No. 17-1-257, Third Circuit Court, State of Hawaii. PROPERTY DESCRIPTION: All of that certain parcel of land situate at Keaau, District of Puna, Island and County of Hawaii, State of Hawaii, described as follows: Lot 85, area 12,000 square feet, more or less, in Block 22 as shown on Map 70, filed in the Office of the Assistant Registrar of the Land Court of the State of Hawaii with Land Court Application No. 1053 (amended) of W.H. Shipman, Limited. Together with a right-of-way across Lot 8388-A, as shown on Map 70, and Lot 1311-A, as shown on Map 44 of said Application, for read and utility purposes in common with others entitled thereto. TAX MAP KEY: (3) 1-6-076-023 PROPERTY ADDRESS: 16-2167 Kuhio Drive, Pahoa, HI 96778 SITE IMPROVEMENTS: Three bedroom, two bath dwelling (1252 square feet). Built in 2006. AUCTION: Date: Thursday, April 25, 2024 Time: 12:00 p.m. (noon) Place: Front entrance of Hale Kaulike (State Judiciary Building), 777 Kilauea Avenue, Hilo, Hawaii. TERMS OF SALE: The property shall be sold in an “AS IS” condition without any representations or warranties whatsoever as to title or possession and by way of a quitclaim conveyance upon the following terms: No upset price. Plaintiff and all parties are authorized to purchase the property at the foreclosure sale. The Commissioner shall accept the highest bid made at the foreclosure sale. The successful bidder(s) at the sale shall make a down payment to the Commissioner in an amount not less than ten percent (10%) of the highest successful bid price, such payment to be made in cash, money order, by certified or cashier’s check, provided that the Plaintiff may satisfy the down payment by way of offset up to the amount of its secured debt (“credit bid”). Prior to bidding, interested parties must show the Commissioner their present ability to make the required down payment immediately upon the close of bidding. At the Court’s discretion, the 10% down payment may be forfeited in full or in part if the purchaser(s) shall fail to pay the balance of the purchase price as hereinafter set forth. The balance of the purchase price shall be paid to the Commissioner upon approval and confirmation of the sale. A further hearing shall be held in this action to consider confirmation of the Commissioner’s sale. At the hearing, the Court may, for good cause shown, allow further bidding. In the event further bidding is allowed, the first post auction bid must be at least one hundred five percent (105%) of the highest bid at the Commissioner’s sale. If the purchaser is a third party (not the plaintiff), the Commissioner shall open escrow at a licensed escrow company in the State of Hawaii to close the foreclosure sale of the property. All costs and expenses of the closing of the sale, including without limitation, the costs of conveyance, including the preparation of the conveyance document, conveyance tax, escrow and recording fees, any proof of title or title insurance, and notary fees, as well as the costs of securing possession of the property shall be paid by the purchaser(s). Neither the availability of title insurance nor securing possession of the mortgaged property shall be a condition of closing. The public sale may be either postponed or canceled by the Commissioner. The sale shall not be final until approved and confirmed by the Court. VIEWING: Saturday, April 6, 2024 9:00 a.m. to 11:00 a.m. Monday, April 15, 2024 9:00 a.m. to 11:00 a.m. FOR MORE INFORMATION CONTACT: Aaron S. Y. Chung, Commissioner P.O. Box 11458 Hilo, Hawaii 96721 Phone: (808)937-4772 Email: aaronchunghilo@gmail.com (HTH/WHT1448233 3/24, 3/31, 4/07/24)
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