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Mortgagee's Sale of Real Estate

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Ads for Weiner Law Firm, P.C. in Springfield, MA


MORTGAGEE'S SALE OF REAL ESTATE Premises: 1561 Cold Spring Road, Williamstown, MA By virtue and in execution of the Power of Sale contained in a certain mortgage given by SB PROPCO LLC to OXFORD FINANCE LLC dated June 9, 2014 and recorded in the Northern Berkshire Registry District of the Land Court as Document No. 13124, on Certificate of Title No. 2241 for breach of the conditions of said mortgage and for the purpose of foreclosing, the same will be sold at public auction at 1:00 P.M. on the 28th day of July, 2021, upon the mortgaged premises at 1561 Cold Spring Road, Williamstown, Berkshire County, Massachusetts all and singular the premises described in said mortgage, to wit: All that certain parcel of registered land, with the buildings thereon, located on the westerly side of Cold Spring Road, also known as Massachusetts State Highway and formerly known as Hemlock Road, bounded and described as follows: Southeasterly by the westerly line of said Cold Spring Road, one hundred eighty-three and 61/100 (183.61) feet; again Southeasterly by the westerly line of said Cold Spring Road, two hundred forty-four and 81/100 (244.81) feet; and again Southeasterly by the westerly line of said Cold Spring Road, four hundred fifty-four and 02/100 (454.02) feet; Southwesterly by the northerly line of Lot 8 as shown on Land Court Plan 3120G, seven hundred forty eight and 67/100 (748.67) feet; Northwesterly by land now or formerly of W. E. Harmon, eight hundred five and 79/100 (805.79) feet; and Northeasterly by the southerly line of Woodcock Road, six hundred thirty-one and 46/100 (631.46) feet Being Lot 7 as shown on Land Court Plan 3120G filed with Certificate of Title No. 2155 in the records of the Land Court at the Berkshire Northern District Registry of Deeds. TOGETHER with those rights set forth in Shared Well Water Agreement dated June 9, 2014 and recorded 11, 2014 with Williamstown Registry of Deeds as instrument No. 13122 (Note Shared Well Water Agreement dated June 9, 2014 and recorded June 11, 2014 in the Northern Berkshire Registry District of the Land Court as Document No. 13122, on Certificate of Title No. 2241). Being the same premises conveyed to SB Propco LLC by Quitclaim Deed of 1561 Cold Spring Road, LLC dated May 30, 2014 recorded in the Northern Berkshire Registry District of the Land Court as Document No. 13120, on Certificate of Title No. 2241. The above premises will be sold subject to a mortgage from SB Propco LLC to Oxford Finance, LLC, dated June 9, 2014 and recorded in the Northern Berkshire Registry District of the Land Court as Document No. 13123, on Certificate of Title No. 2241. The premises are also sold subject to and/or with the benefit of any and all restrictions, easements, improvements, outstanding tax titles, municipal or other public taxes, assessments, liens or claims in the nature of liens, and existing encumbrances of record which are in force and are applicable, having priority over the mortgage to be foreclosed, whether or not reference to such restrictions, easements, improvements, liens or encumbrances is made in the deed. In the event of any typographical error set forth herein in the legal description of the premises, the description set forth and contained in the mortgage shall take precedence. Terms of Sale: Cash, certified check or bank cashier's check in the sum of $25,000.00 shall be paid as a deposit and must be shown at the time and place of the sale in order to qualify as a bidder; said deposit must be increased to an amount totaling 10% of the purchase price within five business days; the high bidder shall sign a written Memorandum of Sale upon acceptance of the bid, the terms of which shall be announced prior to the bid, the balance of the purchase price is to be paid in cash, certified check or bank cashier's check within thirty (30) days from the date of sale and thereafter to be deposited in escrow with Weiner Law Firm, P.C., 1441 Main Street, Suite 610, Springfield, Hampden County, Massachusetts, pending recording of the deed which is to be delivered, accepted and recorded within ten (10) days thereafter, or at such other time as may be designated by Mortgagee. Mortgagee reserves the right to postpone the sale to a later date by public proclamation at the time and date appointed for the sale, and to further postpone at any adjourned sale date by public proclamation at the time and date appointed for any such adjourned date. In the event that the successful bidder at the foreclosure sale shall default in purchasing the within described property according to the terms of this Notice of Sale and/or the terms of the Memorandum of Sale executed at the time of foreclosure, the Mortgagee reserves the right to sell the property by foreclosure deed to the second highest bidder, providing that the second highest bidder shall execute a Memorandum of Sale and deposit with Mortgagee's attorneys, Weiner Law Firm, P.C., 1441 Main Street, Suite 610, Springfield, Hampden County, Massachusetts, the amount of the required deposit as set forth herein within three (3) business days after written notice of the default of the previous highest bidder. The balance of the purchase price shall be paid by and title shall be conveyed to the said second highest bidder within twenty (20) days of said written notice. The successful purchaser will be responsible for any and all closing costs, State documentary tax stamps, and all recording fees. Other terms to be announced at the sale. OXFORD FINANCE LLC The Present Holder of Said Mortgage By: Gary M. Weiner, Esq. Weiner Law Firm, P.C. 1441 Main Street, Suite 610 Springfield, MA 01103 (413) 732-6840 Attorneys for the Mortgagee (7/7/21, 7/14/21, 7/21/21) AD# 58165 07/07/2021, 07/14/2021, 07/21/2021

Jul 07, 2021 (Expired). Weiner Law Firm, P.C. Real Estate Ads from The Berkshire Eagle ShopLocal

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413-732-6840

Weiner Law Firm, P.C.

413-732-6840
1441 Main St
Springfield, MA 01103
(Office)

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Real Estate

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  • Mortgage Execution in Springfield, MA

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