By virtue of and in execution of the Power of Sale contained in a certain Mortgage given by mortgagor [font=font36821]Kitchen & Bath of Dexter, Inc. n/k/a M.E. McCormick Contractors, Inc.[/font] to mortgagee [font=font36821]People's United Bank d/b/a Merrill Bank[/font] (now known as [font=font36821]People's United Bank, National Association[/font]) ("Bank") dated August 18, 2009 and recorded in the Penobscot County Registry of Deeds, [font=font36821]Book 11892, Page 296[/font] (the "Mortgage"), for breach of the conditions of said Mortgage, and for the purpose of foreclosing the same, there will be sold at Public Sale on [font=font36821]Tuesday, August 8, 2017 at 11:00 AM[/font], all and singular the premises described in said Mortgage (the "Premises").
[u]To wit:[/u] Certain real estate, land and buildings, comprising of a two story business block, on the southerly side of Main Street in Dexter, Penobscot County, Maine as more particularly described in the Mortgage recorded in said registry of deeds at Book 11892, Page 296 to which reference is made.
[u]Street Address of Premises to be sold.[/u] [font=font36821]12 Main Street, Dexter, Maine.[/font]
[u]Place of Public Sale.[/u] The Public Sale will take place at [font=font36821]12 Main Street, Dexter, Maine.[/font]
[u]Terms of Sale:[/u] Anyone wishing to bid must register with the Bank's auctioneer, sign an agreement to be bound by the terms of sale, and pay a deposit of $5,000 in cash or certified funds payable to Keenan Auction Co., Inc. prior to the start of the Public Sale. The deposit will be non-refundable as to the successful bidder, and must be increased to 10% of the purchase price within 5 business days of the conclusion of the sale. The balance of the purchase price must be paid in cash or certified funds at closing within 30 days of the conclusion of the sale. The Premises will be conveyed to the successful bidder via quitclaim (release) deed without covenant, and will be sold "AS IS", without any warranties whatsoever. The successful bidder will also be responsible for the payment of all property taxes and sewer assessments owed to the Town of Dexter and all real estate transfer taxes. The Bank's auctioneer for the sale is Keenan Auction Co., Inc., 1 Runway Road, So. Portland, ME 04106. For more information, please visit [u]www.KeenanAuction.com[/u] or call 207-885-5100 (reference Auction 17-146). Other terms to be announced at the sale.
Dated: July 11, 2017 [font=font36821]People's United Bank, National Association[/font]
By its attorney,
[u]/s/ Aaron P. Burns[/u]
Aaron P. Burns, Esq.
Maine Bar No. 8885
Pearce & Dow, LLC
P.O. Box 108
Portland, ME 04112
(207) 822-9900
aburns@pearcedow.com
July 11, 18, 25, 2017
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