32+/- Acres
Caterpillar Hill Rd.
Route 15, Sedgwick, Maine
Wednesday, May 24, 2017 at 11AM
Notice is hereby given that in accordance with an Order and Judgment of Foreclosure dated
January 6, 2017 and entered by the Maine District Court (at Ellsworth) in the action entitled
Bar Harbor Bank & Trust v. James K. Paterson, Jr. et al., Docket No.ELL-RE-2016-45;
and wherein the Court adjudged a foreclosure of the mortgage deeds of James K. Paterson,
Jr. and Ricky C. Spofford (a) dated April 30, 2008 and recorded in the Hancock Registry of
Deeds in Vol. 4982, Page 127, and (b) dated August 11, 2008 and recorded in the Hancock
Registry of Deeds in Vol. 5045, Page 122; the period of redemption from said judgment
having expired; a public sale will be conducted on May 24, 2017 commencing at 11:00
a.m. at the property on Route 15 in Sedgwick, Maine. Reference should also be had to the
mortgage deeds, and to an instrument recorded in the Hancock Registry of Deeds in Vol.
5446, Page 273, for a more complete legal description of the property to be conveyed.
Real Estate: Consists of a 32+/- acre vacant land parcel with 143.94+/- ft. of frontage on
Rt. 15 (Caterpillar Hill Rd.). The site is open with a small field, excavated (for stone and
aggregate) and has light woods. It is only 1.9 miles to the Deer Isle Bridge and 15 minutes
to Blue Hill. Reference Sedgwick Tax Map 1, Lot 19.
Preview: Tuesday, May 9, 2017 from 10-11AM
Terms: A $5,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED
U.S. FUNDS, made payable to the Keenan Auction Co., Inc. (deposited with the Auctioneer
as a qualification to bid), increased to 10% of the purchase price within 5 calendar days of
the public sale in cash or bank check with balance due and payable within 30 days from date
of auction. The property will be sold by public auction subject to all outstanding municipal
assessments. Conveyance of the property will be by release deed. All other terms will be
announced at the public sale. For a Property
Information Package visit KeenanAuction.
com or call (207) 885-5100 and request by
auction #17-62. Richard J. Keenan #236. Our
45th Year & 7,567th Auction.
Keenan Auction Co., Inc.
1 Runway Rd.
So. Portland, ME 04106
207-885-5100
info@keenanauction.com
Keenan
Auction
Company ®
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