From Hawaii Tribune Herald 7-21-24:
NOTICE OF FORECLOSURE SALE Pursuant to the Findings of Fact, Conclusions of Law and Order Granting Plaintiff’s Motion for Summary Judgment Against All Defendants and for Interlocutory Decree of Foreclosure filed February 6, 2024 in Mortgage Assets Management, LLC vs. Marshall D. Chinen, Esq., as Personal Representative for the Estate of James M. Otani aka James Makoto Otani, Deceased, et al., Civil No. 3CCV-22-0000275, Third Circuit Court, State of Hawaii, the following described real property will be sold by the undersigned Commissioner at public auction on the date and at the time set forth below: PROPERTY DESCRIPTION: A 30,708 square foot, fee simple property located at 1360 Kaumana Drive, Hilo, Hawaii, that contains two (2) residences a 5 bedroom, 1.5 bath house built in 1945, and a 2 bedroom, 1 bath house built in 1994 (Tax Map Key: (3) 2-5-027-016). TERMS OF SALE: The property will be sold “AS IS” to the highest bidder, at public auction, with NO UPSET PRICE. The successful bidder is required to make a down payment to the Commissioner at the close of the auction in an amount of not less than ten percent (10%) of the highest successful bid price, and said payment shall be made in cash, certified check or cashier’s check. The down payment may be subject to forfeiture if the successful bidder fails to pay the remaining balance of the bid, fails to complete the transaction in a timely manner, or as otherwise ordered by the Court. The balance of the purchase price shall be paid in cash, certified check or cashier’s check to the Commissioner upon approval and confirmation of the sale by the Third Circuit Court and upon tender of the document(s) transferring title. The purchaser shall pay closing costs, including but not limited to cost of escrow fees, title insurance premiums, conveyance document preparation fees, accrued and unpaid real property tax, conveyance tax, accrued and unpaid ground rent payments, recordation and costs of securing possession after closing. Neither availability of title insurance nor securing possession of the property shall be a condition of closing. The subject property will be conveyed in fee simple by Commissioner’s Deed pursuant to order of the Third Circuit Court. THIS SALE SHALL NOT BE FINAL UNTIL APPROVED AND CONFIRMED BY THE THIRD CIRCUIT COURT, STATE OF HAWAII. OPEN HOUSES: Tuesday, July 30, 2024, 10:00 a.m. to 12:00 noon, and Tuesday, August 6, 2024, 10:00 a.m. to 12:00 noon. Please contact the Commissioner (see below) for a Fact Sheet and further information. DATE, TIME AND PLACE OF AUCTION: Tuesday, August 20, 2024, 12:00 noon, main entrance to the Hilo Judiciary Building, 777 Kilauea Avenue, Hilo, Hawaii. COMMISSIONER: KRIS A. LaGUIRE, Attorney at Law, 688 Kinoole Street, Suite 204, Hilo, Hawaii 96720. Telephone: (808) 961-1080; E-Mail: kalaguire@aol.com. (HTH1461705 7/21, 7/28, 8/04/24)
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