West Hawaii Today
Notice #: 0001284576-01

NOTICE OF POSTPONED FORECLOSURE SALE By Order of the First Circuit Court Palani Court Commercial Office and Retail/Restaurant Property (Leasehold Mortgage Interest/QLT Lessor) 74-5620 Palani Road Kailua-Kona, HI 96740 DESCRIPTION: Three commercial office/retail buildings and related parking and common areas. Lot size of 1.76 acs. Building No. 1 is a commercial fast food restaurant pad of approximately 1,859 square feet (Taco Bell). Building No. 2 is a commercial fast food restaurant pad (previously Pizza Hut) of approximately 3,176 square feet. Building No. 3 is a two-story office building of approximately 20,286 square feet. Zoning is CV-10. Built in 1989. TMK: (3) 7-4-010-038-0000. Civil No. 17-1-0585-04 (JHC) RE-SCHEDULED AUCTION DATE: July 7, 2020 at 12:00 noon at the flagpole at Hale Halawai Park located at 75-5760 Alii Dr., Kailua-Kona, HI 96740. TERMS OF SALE: No Upset Price. Property sold in “as is”, “where is” condition with no representations or warranties, with 10% of highest bid payable in cash, certified or cashier’s check at close of auction, balance payable upon delivery of title. Potential bidders must be able to provide proof of their ability to comply with 10% of bid requirement prior to participating in the public auction. Buyer shall pay all costs of closing and conveyance including escrow, recordation fee and conveyance taxes and is responsible for securing possession of the property upon recordation. SALE SUBJECT TO COURT CONFIRMATION in the First Circuit Court, Honolulu, Hawaii (JHC). For further information: Curtis DeWeese, Commissioner 47-860 Kamehameha Hwy. Kaneohe, HI 96744 Email: mhendricks@sunstonecompanies.com Telephone: (808) 523-9881 (WHT1284576 6/22/20)