From Hawaii Tribune Herald 8-5-24:
NOTICE OF FORECLOSURE SALE Pursuant to the Findings of Fact And Conclusions of Law; Order Granting Plaintiff’s Motion For Summary Judgment and for Interlocutory Decree of Foreclosure filed September 15, 2023 and the Order Granting Commissioner’s Motion For Permission To Sell Property Without Open Houses in The Bank of New York Mellon fka The Bank of New York for the Certificateholders of the CWABS INC. Asset-Backed Certificates Series 2005-16 vs. Ernesto P. Inocencio, Marylou M. Inocencio and MEB Loan Trust et al., Civil No. 3CCV-22-0000192, Circuit Court of the Third Circuit, State of Hawaii, the undersigned Commissioner will sell the following described property at public foreclosure sale at the date and time set forth below: DESCRIPTION OF PROPERTY: All of that certain parcel of land situate at Hilo, District of South Hilo, Island and County of Hawaii, State of Hawaii. TMK: (3) 2-4-012-071-0000 ADDRESS: 195 Kapualani Street, Hilo, Hawaii 96720 DATE, TIME AND PLACE OF SALE: The public auction will take place on September 4, 2024 at 1:00 p.m. in the parking lot fronting Ululani Professional Center, 899 Ululani Street, Hilo, Hawaii. TERMS AND METHOD OF SALE: The property will be sold “AS IS” to the highest bidder at public auction with NO UPSET PRICE. SALE IS NOT FINAL UNTIL APPROVED AND CONFIRMED BY THE COURT. The successful bidder(s) at the sale shall make a down payment to the Commissioner in an amount not less than ten percent (10%) of the highest successful bid price, such payment to be made in cash, money order, by certified check or by cashier’s check, provided that Plaintiff may satisfy the down payment by way of offset up to the amount of its secured debt; prior to bidding, any person not hereby authorized to credit bid must show the Commissioner their ability to make the required down payment in such form immediately upon the close of the bidding. At the Court’s discretion, the 10% down payment may be forfeited in full or in part if the purchaser shall fail to pay the balance of the purchase price. The balance of the purchase price shall be paid to the Commissioner upon approval and confirmation of the sale by the Circuit Court of the Third Circuit and tender of the document transferring title. The Purchaser shall be responsible for paying the costs of the closing (conveyancing, including escrow fees, title insurance premiums, conveyance documents preparation fees prorated real property, conveyance tax recordation and costs of securing possession after closing and any orders of this Court. Neither the availability of title insurance nor securing possession of the Mortgaged property shall be a condition of closing. OPEN HOUSE: No Open Houses pursuant to Order filed July 1, 2024. FOR FURTHER INFORMATION: Contact: Douglas L. Halsted, Commissioner 899 Ululani Street, Suite 4 Hilo, Hawaii 96720 Tel. No. (808) 961-5566 Facsimile (808) 961-5567 Email: halstedlaw@hawaiiantel.net (HTH1463508 8/5, 8/12, 8/19/24)
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