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BANK FORECLOSURE

Cambridge General Store
78 North Main Street, Cambridge, VT

Thursday, June 28, 2007 @ 11AM

General store with two upstairs apartments, totalling 6,913± SF on 0.17± Acres. Great location in the center of Cambridge Village. Retail space with deli & walk-in cooler. Front apartment is 4 Bedrooms, 1 Bath & rear apartment is 2 Bedrooms, 1 Bath.

Bank Foreclosure Auction - Cambridge General Store, Cambridge, VT

NOTICE OF SALE:
By virtue and in execution of the Judgment Order and Decree of Foreclosure and Replevin and order for Public Sale Involving Lien of the United States under 28 U.S.C. Section 2410 dated April 3, 2007 and recorded in the Cambridge Land Records, for breach of the mortgages as stated therein, and for the purpose of foreclosing the same, NOTICE IS HEREBY GIVEN that on the 28th day of June, 2007 at 11:00 a.m., at the land and premises known as 78 North Main Street, Cambridge, VT 05444, the Thomas Hirchak Company, on behalf of the plaintiff, the Union Bank will sell the real property and improvements thereon, as further described in said mortgages (the “Property”), at public auction, “AS IS, WHERE IS” with no representations or warranties of any kind, to the highest and best bidder for cash, and subject to any and all current and delinquent real estate taxes and municipal assessments, including late fees, charges and interest, for which the successful bidder shall be fully responsible. The property shall also be sold subject to the right of the United States to redeem the Property on or before six months from the date of sale, if its tax lien has not been discharged prior to or as a result of this sale. At the sale, the successful bidder shall be required to deposit at the time of sale with the Thomas Hirchak Company or its representative a minimum of ten (10) percent of their bid, although a smaller percentage may be accepted at the discretion of the Union Bank, or its representative, provided that the remainder of the ten (10) percent a minimum of Twenty ($20,000) Thousand Dollars is deposited within three (3) business days from the sale.
The legal description of the property foreclosed upon can be found in the mortgages filed in the Cambridge Land Records and all deeds and instruments of record. The physical address of the property is 78 North Main Street, Cambridge, VT 05444.
The mortgagors, James P. Colaceci and Linda P. Colaceci are entitled to redeem the property at any time prior to the sale by paying the full amount due under the Judgment Order and Decree for Foreclosure and Replevin and Order for Public Sale involving Lien of the United States Under U.S.C. Section 2410, which contains the terms and conditions of the sale, please contact the Thomas Hirchak Company at (800) 634-7653 or by mail at 1878 Cadys Falls Road, Morrisville, VT 05661

Legal Representation: James R. Dean Mahoney, Esq. PO Box 130, Hyde Park, VT 05655

 

Prospective bidders, PDF info sheet and purchase and sale information are available below. Please download and review these pages prior to the auction. If you would prefer, we can mail them to you. Please call 800-634-7653.

Info Sheet

Inquiries can be made to Thomas Hirchak Company, Attention: Terry Owen
1878 Cadys Falls Road, Morrisville, Vermont 05661.

The information contained herein is taken from sources deemed to be correct. The auctioneer makes no claim or warranties as to its accuracy. This is not an offering or solicitation in any state where prohibited by law. Announcements date of sale take precedence over previous information.


Thomas Hirchak Company
1878 Cadys Falls Road Morrisville, VT 05661 (802) 888-4662
PHONE 800-634-7653 • FAX (802) 888-2211
E-mail: info@thcauction.com

Williston Facility: PHONE (802) 878-9200 • FAX (802) 878-0222

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