From Hawaii Tribune Herald 1-31-25:
NOTICE OF FORECLOSURE SALE COURT ACTION: U.S. Bank National Association, As Trustee For Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2006-BC4 vs. Francine Mary Silva; State of Hawaii – Department Of Taxation, et al., Civil No. 3CCV-24-0000010 (Foreclosure) DESCRIPTION: Lot: 12,040 square feet House: 1,072 square foot house, 3 bedrooms, 2 full bathrooms LOCATION: 15-362 Mamo Street, Pahoa, Hawaii 96778 TAX MAP KEY: (3) 1-5-083-002-0000 ZONING: A-1a (Agricultural District, minimum building site of 1 acre) OPEN HOUSE: Date: Saturday, February 15, 2025 Time: 11:00 a.m. to 1:00 p.m. Date: Sunday, February 16, 2025 Time: 11:00 a.m. to 1:00 p.m. AUCTION DATE: Date: Monday, March 3, 2025 Time: 12:00 noon Place: Front Entrance to Hale Kaulike 777 Kilauea Avenue, Hilo, Hawaii TERMS OF SALE: The Commissioner shall sell the Property at a public or private sale. In the event the Property is sold at public auction, there shall be no upset price at the sale and the Property shall be sold “as is”, without any representations or warranties as to title or possession. Upon fall of the hammer, the successful bidder shall pay a down payment to the Commissioner, by certified check, in an amount not less than ten percent (10%) of the successful bid price, with the exception of Plaintiff, who may use the amount of its secured indebtedness as the required ten percent (10%) down payment. The balance shall be paid concurrently with delivery of the documents transferring title. Plaintiff or its designee is authorized to be a purchaser at any sale, without the requirement of any down payment at said sale. If Plaintiff is the highest bidder, payment of the down payment and the balance of the sale price shall be made by offset against the amount owed to Plaintiff under the Loan Documents. At the Court’s discretion, ten percent (10%) of the purchase price may be forfeited as reasonable damages in full or in part if the Purchaser fails to close within the time set forth by the Court. In no event shall reasonable damages be greater than 10% of the purchase price. The Purchaser shall pay closing costs, including but not limited to costs of escrow fees, title insurance premiums, conveyance document preparation fees, prorated real property and conveyance tax, recordation and costs of securing possession after closing. The inability of the Purchaser to secure title insurance or financing shall not be a condition of closing. The sale shall not be final until approved by the Circuit Court of the Third Circuit, State of Hawaii. FOR MORE INFORMATION: Dwayne S. Lerma, Commissioner P. O. Box 130 Keaau, Hawaii 96749 Telephone No.: (808) 961-4484 (HTH1482638 1/31, 2/07, 2/14/25)
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