4 Lake Attitash Rd – Unit a Amesbury, Mass
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MORTGAGEE’S FORECLOSURE SALE REAL ESTATE AUCTION - roperty nformation acket - P I P Deed Info: Book: 26303 Page 461 Taxes: $4,196.04 Assessed Value: $287,400.00 4 LAKE ATTITASH RD – UNIT A AMESBURY, MASS Thursday, November 20th @ 1:00 PM Preview: Drive By Recommended Registration Auction Day: 1 hr. prior to sale JOHN McINNIS AUCTIONEERS 76 Main Street ~ Amesbury, MA 800-822-1417 ♦ mcinnisauctions.com MA Lic# 770 TABLE OF CONTENTS Transmittal Letter Disclaimer Property Description Mortgagee’s Sale of Real Estate Memorandum of Sale Plot Plan MLC Assessor Card th Auction Date: Thursday, November 20 @ 1:00 PM Lake Attitash is a lake located on the border of Merrimac, Massachusetts and Amesbury, Massachusetts, and constitutes at least a portion of Amesbury's water supply. There are beaches both on the Amesbury and Merrimac shores. Merrimac's beach is known as Indian Head Park. The lake was formerly known as "Kimball's Pond". The lake is popular with seasonal tourists, as well as residents. It is normally safe for swimming. Boats are allowed on the lake. This shallow, 360-acre enlarged natural great pond has a maximum depth of 30 feet and an average depth of 11 feet JOHN McINNIS AUCTIONEERS 76 Main Street ~ Amesbury, MA 800-822-1417 ♦ mcinnisauctions.com MA Lic# 770 Dear Prospective Bidder: Thank you for your inquiry and interest in our upcoming Mortgagee’s Real Estate Foreclosure Auction located at 4 Lake Attitash Road, Unit A in Amesbury, Massachusetts at 1 pm. This two bedroom, one bath 1920’s style lake cottage will be sold at Public Auction To be eligible to bid, at the time of registration you must present a $10,000.00 deposit in cash or certified check. This property information packet has been assembled for your convenience and if you have any other questions, please do not hesitate to call our office. Our staff is readily available to assist you with any questions you may have regarding the property or the auction process. Thank you again for your interest in this property and we look forward to seeing you on the day of the auction. Registration will take place one hour prior to the auction. Sincerely, John P. McInnis John McInnis Auctioneers Auctioneers Disclaimer IMPORTANT INFORMATION FOR PROSPECTIVE BIDDERS THE INFORMATION SET FORTH IN THIS PACKET IS BELIEVED TO BE CORRECT. HOWEVER, THE MORTGAGEE/OWNER OF THIS PROPERTY AND JOHN MCINNIS AUCTIONEERS MAKE NO WARRANTIES OR GUARANTEES AS TO THE ACCURACY FO THIS INFORMATION. BUYERS SHALL RELY ENTIRELY ON THEIR OWN INFORMATION, JUDGEMENT AND INSPECTION OF THE PROPERTY AND RECORDS. THIS PROPERTY IS TO BE SOLD ON AN AS IS, WHERE IS BASIS, WITH ALL FAULTS. THE AUCTIONEER HEREBY DISCLOSES HE/SHE IS ACTING SOLELY AS AN AGENT FOR THE MORTGAGEE IN THE MARKETING, NEGOTIATIONS AND SALE OF THIS PROPERTY. THE PURCHASER(S) AGREE THAT THE MORTGAGEE AND AUCTIONEER MAKE NO WARRANTIES OF ANY KIND REGARDING THE USE, CONDITION OR VALUE OF THE PROPERTY. Auction Date: Thursday, November 20th @ 1:00 PM Property Description 4 Lake Attitash Road – Unit A- Amesbury, MA What an opportunity to own this waterfront year round home or weekend getaway at today’s market price! Style: Converted Cottage Built: 1920 Story: 1 Living Area: 976 +/- sq ft Utilities: Electric Water & Sewer: Public Total Rooms: 5 Total Bedrooms: 2 Total Bathrooms: 1 Heating: Electric Baseboard Amenities: Wood Deck MUNICIPAL DATA: Town of Amesbury- - Book: 26303 Page: 461 Date Recorded: 11/17/2006 Assessed Value: $287,400.00 Taxes 2008: RE Taxes $4,196.04 MORTGAGEE'S SALE OF REAL ESTATE By virtue and in execution of the Power of Sale contained in a certain mortgage given by RCT Realty, LLC ("Mortgagor") to Newburyport Five Cents Savings Bank ("Mortgagee") dated November 17, 2006 and recorded with the Essex County South District Registry of Deeds in Book 26303, Page 461, of which mortgage the undersigned is the present holder, 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 o'clock P.M. on the 20th day of November, 2008 at 4A Lake Attitash Road, Amesbury, Essex County, Massachusetts 01913, all and singular the premises described in said mortgage, to wit: All that certain lot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying, and being at Lake Attitash in the Town of Amesbury, County of Essex and Commonwealth of Massachusetts, and being more particularly described as follows: Beginning at the Southeasterly corner thereof at an iron bound at a way 25 feet in width and land now or formerly of Cell, thence running WESTERLY by said Cell land 100 feet to an iron bound; thence running WESTERLY by said Cell land 106 feet, more or less, to Lake Attitash; thence Running NORTHERLY by Lake Attitash 5 and ½ feet to an iron bound at land now or formerly of Freeman J. Tucker et ux; thence running EASTERLY by said Tucker land on a line parallel with and 5 and ½ feet Northeasterly from the Southwesterly boundary line of the premises herein conveyed, 106 feet, more or less, to a stake; thence running NORTHEASTERLY by said Tucker land along a fence to an iron bound at said 25 foot way; SOUTH 56˚- 04’ EAST (1927 Magnetic) by said 25 foot way 60.4 feet to an iron bound; thence running SOUTHEASTERLY by said 25 foot way, 25 feet to the iron bound at land of Cell and the point of beginning. Together also with the use of the right of way as described in the deed of Ruth E. Osborne to J. Willis Currier et ux, dated June 1, 1928, recorded with the Essex South District Registry of Deeds in Book 2768, Page 229. Together also with all rights of way appurtenant to said premises as are now in use or may be hereafter provided by the said Osborne or the heirs of Annie M. Chesley as mentioned in the grant of right of way to said Osborne by said Chesley heirs recorded with said Registry of Deeds; and together also with the rights to use the passway of 22 feet in width shown on the Northerly side of Lot 10 on Plan of Chesley and Osborne Subdivision, Lake Attitash, by John P. Titcomb, C.E., dated May 2, 1927, recorded in said Registry, Plan Book 54, Plan 47, appurtenant to said Lot 10 and to two triangular parcels of land conveyed by said Osborne to Ralph E. Bowden by deed dated August 14, 1952, recorded in said Registry, Book 3310, Page 50. Being a part of said Lot 10 on Plan of Chesley and Osborne Subdivision and being all of the first triangular lot described in said deed of Osborne to Ralph E. Bowden and a part of the second triangular parcel described in said deed, and being a part of the premises conveyed to Everett C. Strangman et ux by said Bowden by deed dated June 16, 1953, recorded in said Registry, Book 3987, Page 355. The within conveyance is made subject to flowage rights of the Merrimac Power and Buildings Company, its successors and assigns. For Mortgagor’s title, see deed of Richard W. Tucker, Jr. dated August 21, 2006 and recorded with Essex South District Registry of Deeds at Book 26081, Page 39. Premises to be sold and conveyed subject to and with the benefit of all rights, rights of way, restrictions, easements, covenants, liens or claims in the nature of liens, improvements, public assessments, any and all unpaid taxes, tax titles, tax liens, water and sewer liens and any other municipal assessments or liens or existing encumbrances of record which are in force and are applicable, having priority over said mortgage, whether or not reference to such restrictions, easements, improvements, liens or encumbrances is made in the deed. 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. 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 the foreclosure, the Mortgagee reserves the right to sell the property by Foreclosure Deed to the second highest bidder [or subsequent high bidders] provided that the second highest bidder [or subsequent high bidders] shall deposit with Mortgagee's attorneys, Connolly and Connolly, the amount of the required deposit as set forth herein within three (3) business days after written notice of default of the previous highest bidder and title shall be conveyed to said second highest bidder [or subsequent high bidders] within twenty (20) days of said written notice. TERMS OF THE SALE: A deposit of $10,000.00 by certified or bank check will be required to be paid by the purchaser at the time and place of sale. The balance is to be paid by certified or bank check at the firm of Connolly and Connolly, 51 Green Street, Newburyport, Massachusetts 01950 within thirty (30) days of the date of the sale. The Foreclosure Deed will be provided to the purchaser for recording upon receipt in full of the purchase price. In the event of an error in this publication, the description of the premises contained in said mortgage shall control. The deposit of $10,000.00 is non-refundable.