Notice is hereby given that in accordance with a Judgment of Foreclosure and Sale dated July 24, 2018 which judgment was entered on August 1, 2018, by the Superior Court for Penobscot County, Bangor, Maine, in an action brought by [font=font36821]Machias Savings Bank against Traci J. Tenggren, Personal Representative of the Estate of Kevin P. Tenggren, et al.[/font], Docket No. RE-2017-99, and wherein the Court adjudged a foreclosure of a Mortgage Deed granted by Kevin P. Tenggren dated June 30, 2010, and recorded in the Penobscot County Registry of Deeds in Book 12181, Page 45, the period of redemption from said judgment having expired, all of the following described property will be sold at a public sale at 11:00 a.m. on January 4, 2019 at Eaton Peabody, 80 Exchange Street, Bangor, Maine 04401. The property to be sold is located generally at 373 White Point Estates Road in Lincoln, Penobscot County, Maine, and is further described on the Town of Lincoln Tax Maps at Map 57, Lot 11, together with and subject to the rights, covenants, easements, and encumbrances affecting the property. Reference should be had to said mortgage deed for a more complete legal description of the property to be conveyed.
[font=font36821][u]TERMS OF SALE[/u][/font]
THE PROPERTY HEREINABOVE DESCRIBED IS BEING SOLD ON AN "AS IS" "WHERE IS" BASIS, WITHOUT ANY WARRANTY WHATSOEVER AS TO THE CONDITION, FITNESS, SIZE, OR LOCATION OF THE PROPERTY OR THE STATE OF TITLE TO THE PROPERTY.
The bidder to whom the property is sold must, at the time and place of sale, make a deposit of Two Thousand Five Hundred Dollars ($2,500.00) by cash or certified check, and must sign a Purchase and Sale Agreement with Machias Savings Bank, which agreement shall provide in part (i) that the purchaser will be responsible for all real estate and/or personal property taxes and other municipal charges attributable to the respective property unpaid and in arrears and for all subsequent tax years as assessed by the Town of Lincoln, and (ii) that a closing of the sale shall be held within thirty (30) days of the public sale where the remaining balance of the purchase price will be paid in cash or certified funds. The conveyance will be by Release Deed. Machias Savings Bank expressly reserves the right to bid, to modify the terms of the sale set forth above, to add additional terms as it so wishes, and to authorize the mortgagor to sell the property prior to the sale date. All other terms and conditions of sale, including any modification or additions to the terms set forth above, will be announced at the time of the sale.
For further information, contact Wendy L. Schors, Vice President of Machias Savings Bank, at (207) 255-9334.
Dec. 1, 8, 15, 2018