Sale of Third Mortgage

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Note Sale @ Public Auction

Sale of Third Mortgage

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This is a sale of the third mortgage encumbering the property in Rochester, MA comprising 38.69 Acres of land zoned Residential/Agricultural w/ road infrastructure and site work. Property has been permitted by the Planning Board for 60 units w/ 125 bedrooms for sale to households w/ persons over 55 years of age.

Sale will take place @ the Offices of Pierce Atwood, LLP (Corrected Address) 100 Summer Street, 22nd Floor, Street, Boston, MA. Mortgage Reference: Book 35234, Page 45-47, Plymouth County Registry of Deeds.

Terms of Sale: A deposit of $50,000 by certified or bank cashiers check will be required to be paid by the successful bidder at the time and place of sale with an additional deposit of $25,000 due in 10 days. The balance of the purchase price is to be paid within 30 days of the auction date. This is not a foreclosure sale but rather a sale of the third mortgage by the holder thereof.