NOTICE OF MORTGAGEE’S SALE OF REAL ESTATE
By virtue and in execution of the Power of Sale contained in a certain mortgage given by Claudio F. Miranda to Mortgage Electronic Registration Systems, Inc., as nominee for Drew Mortgage Associates, Inc. dated November 28, 2005, recorded with the Middlesex County (Southern District) Registry of Deeds in Book 46557, Page 21 of which mortgage the undersigned is the present holder for breach of conditions of said mortgage and for the purpose of foreclosing the same will be sold at PUBLIC AUCTION at 10:00 AM on March 29, 2011, on the mortgaged premises. The entire mortgaged premises, all and singular, the premises as described in said mortgage: Property Address: 14-18 Taralli Terrace, Framingham, Massachusetts
A certain parcel of land with the buildings thereon situated in Framingham, Middlesex County, Massachusetts, on the easterly side of Taralli Terrace (formerly called Hillside Street) being known and numbered as 14-16-18 Taralli Terrace, being more particularly bounded and described as follows: Westerly by Taralli Terrace (formerly called Hillside Street) sixty-five (65) feet Northerly by land formerly of Lawrence Garrity, one hundred (100) feet; Easterly by land formerly of Hattie S. Everit, sixty-five (65) feet; and Southerly by land now or formerly of Palmira Pavia, one hundred (100) feet. Being the same premises conveyed to the Mortgagors by Deed dated November 28, 2005 and recorded with the Middlesex South Registry of Deeds.
Subject to and with the benefit of easements, reservation, restrictions, and taking of record, if any, insofar as the same are now in force and applicable.
In the event of any typographical error set forth herein in the legal description of the premises, the description as set forth and contained in the mortgage shall control by reference.
This property has the address of 14-18 Taralli Terrace, Framingham, MA, 01702.
Together with all the improvements now or hereafter erected on the property and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this sale.
Terms of Sale: Said premises will be sold subject to any and all unpaid taxes and assessments, tax sales, tax titles and other municipal liens and water or sewer liens and State or County transfer fees, if any there are, and TEN THOUSAND DOLLARS ($10,000.00) in cashier’s or certified check will be required to be paid by the purchaser at the time and place of the sale as a deposit and the balance in cashier’s or certified check will be due in thirty (30) days, at the offices of Doonan, Graves and Longoria, LLC, 100 Cummings Center, Suite 225D, Beverly, MA 01915, time being of the essence.
The 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 the adjourned sale date.
The premises is to be sold subject to and with the benefit of all easements, restrictions, leases, tenancies, and rights of possession, building and zoning laws, encumbrances, condominium liens, if any and all other claim in the nature of liens, if any there be.
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 said second highest bidder shall deposit with the Mortgagee’s attorneys, DOONAN, GRAVES, and LONGORIA L.L.C., 100 Cummings Center, Suite 225D, Beverly, Massachusetts, 01915, 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 and title shall be conveyed to the said second highest bidder within thirty (30) days of said written notice.
If the second highest bidder declines to purchase the within described property, the Mortgagee reserves the right to purchase the within described property at the amount bid by the second highest bidder.
The foreclosure deed and the consideration paid by the successful bidder shall be held in escrow by DOONAN, GRAVES, and LONGORIA L.L.C., (hereinafter called the “Escrow Agent”) until the deed shall be released from escrow to the successful bidder at the same time as the consideration is released to the Mortgagee, thirty (30) days after the date of sale, whereupon all obligations of the Escrow Agent shall be deemed to have been properly fulfilled and the Escrow Agent shall be discharged.
Other terms to be announced at the sale.
Dated: February 23, 2011, New York Community Bank, By:
Stephen M Valente. Esq.,
DOONAN, GRAVES, and LONGORIA LLC,
100 Cummings Center, Suite 225D,
Beverly, MA 01915,
978-921-2670,
www.dgandl.com
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