|Address||Avondale, NL A0A1B0, Canada
|Bedrooms (#)||3 bedrooms|
|Bathrooms (#)||1 bathroom|
|For Sale By||Owner|
173 Station Road (formerly 95 Station Road), Avondale, NL
Pursuant to Section 5 of The Conveyancing Act, RSNL 1990, c. C-34, as amended, all that piece and parcel of land and residential premises situate at 173 Station Road, Avondale, Newfoundland and Labrador and more particularly described in a Mortgage dated July 12, 2013, and registered in the Newfoundland and Labrador Registry of Deeds as Registration No. 605890, will be sold by tender on an “as is where is” basis. The sale is being held to satisfy amounts due to the Mortgagee and secured by the Mortgage.
TERMS OF SALE
A sealed tender package clearly marked “Do Not Open/Tender/Avondale, Newfoundland and Labrador” specifying the tender price and enclosing ten percent (10%) of the amount tendered by certified cheque made payable to “Stewart McKelvey in Trust” is to be submitted to the offices of Stewart McKelvey on or before 5:00 p.m., on Friday, the 2nd day of December, 2016. The tenders, once received, are irrevocable.
Tenders are to be opened in private at the offices of Stewart McKelvey on Monday, the 5th day of December, 2016. Deposit cheques for unsuccessful tenders will be returned immediately by registered post.
The successful bidder will pay the balance of the purchase price by certified cheque or bank draft on completion of the transaction which is to take place within thirty (30) days of the tender closing. A deposit of the successful bid will be deemed a cash deposit or will be forfeited as liquidated damages if the purchase is not completed by the bidder.
The Mortgagee under the above-noted Mortgage reserves the right to bid and is not obligated to accept the highest or any bid. The sale is subject to cancellation.
Further particulars as to the terns of sale binding upon a bidder whose bid is accepted may be obtained by contacting the undersigned solicitor for the Mortgagee. Persons wishing to view the subject property are also asked to contact the undersigned.
Stewart McKelvey , Solicitors for the Mortgagee
Address for delivery of Tenders:
Suite 1100, Cabot Place
PO Box 5038, 100 New Gower St.
St. John’s, NL A1C 5V3
Attention: Christopher E. Lewis
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