On June 15, 2017, a Judgment of Foreclosure and Order of Sale was entered on the docket of the Hancock County Superior Court in an action bearing Docket Number RE-16-29, brought by Mechanics Savings Bank against Alice L. Matthews, for the foreclosure of a certain mortgage granted to Mechanics Savings Bank by Alice L. Matthews on May 24, 2007, and recorded in the Hancock County Registry of Deeds in Book 4772, Page 196. The 90-day redemption period has now elapsed without redemption; therefore, Mechanics Savings Bank shall sell the mortgaged property at a public sale, which shall be held at the law offices of Linnell, Choate, & Webber, LLP, 83 Pleasant Street, Auburn, Maine, on December 19, 2017 at 10:30 a.m.
The mortgaged property consists of land and buildings located at 35 Waltham Road in Waltham, Hancock County, Maine.
Mechanics Savings Bank shall sell the mortgaged property to the highest bidder and shall convey such property to such bidder by quitclaim deed without covenant. The property shall be sold on an "AS IS, WHERE IS" basis, subject to utility easements and rights-of-way of record and utility easements and rights-of-way that are visible on the face of the earth, and subject to all real and personal property taxes assessed by or due and payable to the Town of Waltham, any water and/or sewerage assessments, any road maintenance fees, and all interests superior to that of Mechanics Savings Bank.
Prior to the public sale, all bidders, with the exception of Mechanics Savings Bank, shall deposit with the auctioneer cash in the amount of $5,000.00 or a certified check, made payable to Mechanics Savings Bank, in the same amount. The deposit of the highest bidder shall be non-refundable. Mechanics Savings Bank may bid all or part of the amount due to it pursuant to the mortgage, including the unpaid principal balance, accrued interest, expenses of foreclosure, expenses of sale, and other incidental expenses. All other terms of sale shall be announced at the commencement of the public sale.
At the conclusion of the public sale, the highest bidder shall execute a Purchase and Sale Agreement with Mechanics Savings Bank, which shall provide for payment of the balance of the purchase price in cash or by certified check within 30 days of the auction. In the event the highest bidder fails to pay the balance of the purchase price within such time, Mechanics Savings Bank shall retain his or her $5,000.00 deposit as liquidated damages and may offer the mortgaged property to the next highest bidder on the same terms.
Dated at Auburn, Maine this 6th day of November 2017.
LINNELL, CHOATE & WEBBER, LLP
Attorneys for Mechanics Savings Bank
83 Pleasant Street, P. O. Box 190
Auburn, ME 04212-0190
(207) 784-4563
By:_________/s/____________________
Sonia J. Buck, Esq., Bar #9847
Nov. 13, 20, 27, 2017
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