By virtue of and in execution of a Judgment of Foreclosure and Sale in the Wiscasset District Court, on August 31, 2016 in Civil Action, Docket No. WISCDC-RE-16-03, brought by Damariscotta Bank & Trust Company against Gerald A. Bailey and Shelley A. Bailey, for the foreclosure of a mortgage recorded in the Lincoln County Registry of Deeds in Book 4025 at Page 111, the statutory ninety (90) day period of redemption having been waived, notice is given that there will be sold at a public sale at 10:00 a.m. on January 26, 2017 at the Law Office of David Levesque, 242 Main Street, Damariscotta, Maine, the premises described in the mortgage and being a certain lot of land with the buildings thereon, located at Fowle Hill Road (9 Winthrop Road), Wiscasset, Lincoln County, Maine.
TERMS OF SALE: The property will be sold to the highest bidder at the sale, who shall pay a deposit of five thousand dollars ($5,000) in cash, certified check or funds acceptable to the mortgagee at the time and place of sale. The successful bidder shall be required to execute a Purchase and Sale Agreement with Damariscotta Bank & Trust Company with the aforesaid five thousand dollars ($5,000) as a non-refundable and non-interest bearing deposit thereon providing for a closing within thirty (30) days of the date of the public sale, at which time the balance of the bid price will be due and payable in cash or certified funds payable to Damariscotta Bank & Trust Company, which will then deliver a duly executed quitclaim deed. The sale shall be made subject to: (a) any condition which a title search would reveal, (b) any unpaid taxes or assessments due to the Municipality of Wiscasset, and (c) any facts which an accurate survey of the premises might show. The property shall be sold “as is” and “where is” without any warranties whatsoever expressed, implied or otherwise. Other terms will be announced at the sale.
If the sale is set aside for any reason, the Purchaser at the sale shall be entitled only to a return of the deposit paid. The Purchaser shall have no further recourse against the Mortgagor, the Mortgagee or the Mortgagee’s attorney.
Dated: December 14, 2016, /s/David Levesque, Esq., Bar No. 8640, Attorney for Damariscotta Bank & Trust Company, Law Office of David Levesque, P.A., 242 Main Street, P.O. Box 425, Damariscotta, Maine 04543, 207-563-7416.