Notice is hereby given that in accordance with a Judgment of Foreclosure and Sale dated November 20, 2017 which judgment was entered on November 22, 2017 by the Superior Court for Penobscot County, Bangor, Maine, in an action brought by [font=font36821]Bangor Savings Bank against William E. Barnum et al.[/font], Docket No. RE-2017-35, and wherein the Court adjudged a foreclosure of a Mortgage Deed granted by William E. Barnum and Alaina M. Pethick dated December 4, 2009, and recorded in the Penobscot County Registry of Deeds in Book 11997, Page 46, the period of redemption from said judgment having expired, all of the following described property will be sold at a public sale at 9:00 a.m. on March 23, 2018, at Eaton Peabody, 80 Exchange Street, Bangor, Maine 04401. The property to be sold is located generally at 301 Waters Road in Patten, Penobscot County, Maine, and is further described on the Town of Patten Tax Maps at Map R8, Lot 24-C, 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 payable to Bangor Savings Bank, and must sign a Purchase and Sale Agreement with Bangor 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 Patten, 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. Bangor 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 Jennifer Dugan, Customer Solutions Manager of Bangor Savings Bank, at (207) 942-5211.
Feb. 10, 17, 24, 2018
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