Crystal Lake Condominiums, Palmer, MA

Crystal Lake Village a Condominium Project

Auction Date: Tuesday, September 7, 2010 at 10:00 AM

PROPERTY INFORMATION

Property Address:

Crystal Lake Condominiums, Palmer, MA

Recorded at:

Hampden County Registry of Deeds, Book 15130, Page 498

Auction Date:

September 7, 2010

Auction Time:

10:00 AM

Mortgage Position:

First Mortgage Lien

Land Area:

14.65± acres

Condo Fees:

$164.00±. Includes road maintenance, landscaping, snow removal, refuse removal

Taxes:

$7,589.04±, FY 2010

Assessed Value:

$505,600.00± Seven units and unfinished remainder.

Water/sewer:

 Town/town

Features:

This Chapter 40B, comprehensive permit for 44 units, project includes the entire Crystal Lake Village Condo project excluding 5 previously sold units.  Of the 44 units, twelve units are up, seven are complete, five are sold and excluded from this sale, of the remaining completed units, one is affordable. Direct deeded access to Crystal Lake..

Directions:

 Mass Pike (I-90) to exit 8 toward MA-32/US-20/Palmer/Amherst, Turn right at MA-32 S/Thorndike St, Turn right at N Main St, continue onto MA-181 N/Sykes St, at Fuller Rd take the 2nd left.

Terms:

$50,000.00 non refundable deposit shall be paid in cash or bank cashier's check (made payable to yourself) by the purchaser at the time and place of sale, and the balance to be paid in cash or by certified or bank cashier's check within 30 days of the sale.  All bidders must exhibit said required deposit to the auctioneer immediately prior to the auction sale in order to qualify as a bidder.Said premises will also be sold subject to and/or with the benefit of any and all rights of way, easements, restrictions, covenants, conditions, reservations and agreements of record, to the extent that the same are in force and applicable, outstanding taxes, tax titles, municipal or other public liens or assessments, water bills, sewer bills, liens or claims in the nature of liens, all existing encumbrances of record created prior to this mortgage, and the right of redemption of the United States of America, if any.  It shall be the bidders' sole responsibility to ascertain all items described in this paragraph and no representations are made concerning compliance with applicable zoning regulations.  The mortgaged premises, if occupied, shall be conveyed subject to existing occupancies and/or tenancies.

This sale may be postponed or adjourned from time to time, if necessary, by the Attorney for the mortgagee at the scheduled time and place of sale. Other terms, if any, to be announced at the sale.  The successful bidder shall be required to sign a Memorandum of Terms and Conditions containing the above terms at the sale.If the highest bidder fails to complete the purchase of the premises on the terms provided in this notice and in the Memorandum of Terms and Conditions signed following the sale, the Mortgagee reserves the right to sell the premises to the second highest bidder (or each subsequent highest bidder thereafter) who will then have three (3) days to deliver the deposit specified above to the Mortgagee's attorney as herein indicated, and to agree to a closing date for payment of the remaining balance of such subsequent highest bid and transfer of deed that is within thirty (30) days thereafter. Not a representation or warranty by the auctioneer, mortgagee or their attorney.  Auctioneer not responsible for errors or omissions. AMG Reference #979