By virtue and in execution of the Entry of Default and Judgment of Foreclosure and Sale, dated April 6, 2017, entered in favor of Katahdin Federal Credit Union in proceedings in the Penobscot County Superior Court entitled Katahdin Federal Credit Union v. Stephen Shaw, et al., Docket Number RE-2017-002, Katahdin Federal Credit Union will sell the premises located at 6 Katahdin Avenue, Millinocket, Maine and described in the mortgage recorded in the Penobscot County Registry of Deeds in Book 10399, Page 2 (the "Property") at public sale at noon on August 16, 2017 at Katahdin Federal Credit Union, 1000 Central Street, Millinocket, Maine.
[font=font36821]TERMS AND CONDITIONS OF SALE[/font]
The Property shall be sold by public auction to the bidder who makes the highest bid therefor. Any and all persons wishing to bid for the Property must be present prior to the start of the auction and make a deposit of $3,000 in U.S. funds, in cash or by bank draft or certified check made payable to Katahdin Federal Credit Union. The successful bidder for the Property shall be required to sign a Purchase and Sale Agreement at the conclusion of the auction; and the balance of the purchase price shall be due and payable in cash or certified funds no later than 30 days after the auction, upon presentation of a deed. The Property shall be conveyed by Quit-claim Deed Without Covenant, Without Warranties, subject to any municipal tax and sewer liens. The Property shall be sold "AS IS, WHERE IS." Katahdin Federal Credit Union and its agents make no representations or warranties with respect to the accuracy of any statement as to the boundaries or acreage or as to any other matters contained in any description of the Property, or as to the fitness of the Property for any particular purpose, merchantability, habitability or as to any other matter. Buyer shall pay all transfer taxes.
Additional terms and conditions pertaining to the sale of the Property may be announced at the time of the auction.
Dated: July 14, 2017 [u]/s/ Mark V. Balfantz[/u]
Mark V. Balfantz
Attorney for Katahdin
Federal Credit Union
July 14, 21, 28, 2017
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