NOTICE OF FORECLOSURE SALE Pursuant to Plaintiff’s FINDINGS OF FACT, CONCLUSIONS OF LAW AND ORDER GRANTING PLAINTIFF’S MOTION FOR SUMMARY JUDGMENT AGAINST ALL DEFENDANTS AND FOR INTERLOCUTORY DECREE OF FORECLOSURE, filed on March 21, 2023, in the case entitled MORTGAGE ASSETS MANAGEMENT, LLC v. LILLIAN FLORENCE SANTIAGO et. al., Civil No. 3CCV-22-0000196, in the Circuit Court of the Third Circuit, State of Hawaii, the Court-appointed Commissioner will sell the following described property at public foreclosure sale at the date and time set forth below: Property Description: Property located at 481 Heahea Street, Hilo, HI 96720, TMK No. 3-2-4-019-132-0000. Property consists of a home built in 1978 with 2 bedrooms and 2 baths. House is 1,554 sq. ft. and is on a 15,073 sq. ft. lot. Heahea Street is located above and close to the Hilo Municipal Golf Course. Open Houses: Saturday, May 20, 2023, 10:00 a.m. to 1:00 p.m. Sunday, May 28, 2023, 10:00 a.m. to 1:00 p.m. DATE AND LOCATION OF SALE: The property (house and lot) shall be sold on Wednesday, May 31, 2023 at 12:00 noon at , at the flagpole of the Hale Kaulike (new State Court Building), 777 Kilauea Avenue, Hilo, Hawaii. TERMS OF SALE: There shall be no upset price. The property shall be sold “as is”, “where is” condition without warranties of any nature, express or implied, to the highest bidder. Plaintiff, and all parties are authorized to purchase the property at the foreclosure sale. The successful bidder 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 at the fall of the hammer in cash or certified cashier’s check, the balance of the purchase price to be paid concurrently with the conveyance of the Property to the purchaser. Plaintiffs are authorized to be a purchaser at said sale and the amount determined by this Court to be due and owing to Plaintiffs under the mortgage note at issue may be credited against the total bid price which Plaintiffs shall make at said sale. If Plaintiffs are the successful bidder at said sale, the ten percent (10%) down payment will not be required of Plaintiffs up to the amount of its secured indebtedness. Prior to bidding, any person not hereby authorized to credit bid must show the Commissioner such person’s present ability to make the required down payment in such form as the commissioner may determine. 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 hereinafter set forth. The balance of the purchase price shall be paid to the Commissioner upon approval and confirmation of the sale. All costs and expenses of closing, including without limitation, the costs of conveyance, 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 the responsibility of and paid by the purchaser. Neither the availability of title insurance nor securing possession of the Property shall be a condition of closing. COMMISSIONER: For fact sheet or other information, contact: PHILLIP L. CAREY, 688 Kinoole Street, Suite 105, Hilo, HI 96720. Tel # (808) 934-9711. careylaw@hawaii.rr.com. (HTH1414063 5/01, 5/08, 5/15/23)
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