LEGAL NOTICE
MORTGAGEE’S SALE OF REAL ESTATE
By virtue and in execution of the Power of Sale contained in that certain Mortgage and Security Agreement dated March 29, 2017 (the “Mortgage”) given by Milford Stone Company, Inc., (the “Mortgagor”) to MutualOne Bank (the “Mortgagee”) and recorded with the Worcester South Registry of Deeds (the “Registry”) in Book 56909, Page 57 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 12:00 PM on the 19th day of March, 2026 at 420 East Main Street, Milford, Massachusetts being more particularly in said mortgage, to wit:
The land on Cedar Street, Milford, Worcester County, Massachusetts:
A certain parcel of land, with buildings thereon, located off the easterly side of Cedar Street in said Milford. Being all and of the same premises as described in the deed of E. Eugene Casey to Edward F. Robertson and Elaine J. Robertson, husband and wife, dated August 11, 1960, and recorded with the Worcester District Deeds, Book 4131, page 428, to which deed reference may be had, including reference to prior deeds incorporated therein.
Said parcel is subject to easements of record to the New England Power Company recorded in said registry in Book 2377, Page 312.
Excluded from this conveyance is the land area taken by the Commonwealth of Massachusetts for highway purposes by an order of taking recorded with said Registry of Deeds on May 18, 1967 in Book 4754, Page 301, which instrument is incorporated herein by reference.
It is expressly stipulated that said parcel does not have any known access to any public way, nor does the Grantor own any other land adjacent hereto over which a right of way might be created by implication or operation of law.
For Mortgagor’s title see deed from Sandra M. Robertson dated September 8, 2014 recorded with the Worcester Registry of Deeds in Book 52772, Page 183.
In the event of any typographical errors in the publication of this notice, the description in the Mortgage shall control.
Said premises shall also be sold subject to and/or with the benefit of any and all other restrictions, easements, improvements, covenants, outstanding tax titles, municipal or other public taxes, assessments, liens or claims in the nature of liens, attachments and existing encumbrances of record created prior to the Mortgage, if any there be, insofar as in force and applicable.
Said premises will also be sold subject to all leases and tenancies having priority over said Mortgage, to tenancies or rights of parties in possession now or at the time of said auction which are subject to said Mortgage, to rights or claims in personal property installed by tenants or former tenants now located on the premises, and to laws and ordinances including, but not limited to, all building and zoning laws and ordinances.
Terms of sale:
The highest bidder in the sale shall deposit a bank treasurer’s check, or certified check in the amount of Twenty Five Thousand Dollars ($25,000.00) at the time and place of the sale as a non-refundable earnest money deposit towards the purchase price to be held at the option of the Mortgagee as liquidated damages for any default by the successful bidder. The highest bidder shall then be required to remit by federal wire transfer an additional non-refundable deposit to bring in an amount sufficient to make the total deposit equal to ten percent (10%) of the purchase price within five (5) business days of the date of the public auction.
The balance of the purchase price shall be paid upon delivery of the deed within thirty (30) days of the date of the public auction. Each successful bidder shall be required to sign a Memorandum of Sale at the public auction containing the terms herein and any additional terms set forth in the Memorandum of Sale or announced at the public auction.
In the event that any successful bidder at the public auction fails to perform in the time specified to purchase the applicable premises, the Mortgagee reserves the right, at its sole election, to sell such premises by foreclosure deed to the other qualified bidders, in descending order beginning with the next highest bidder, provided that in each case the next highest bidder delivers to Mortgagee the amount of the required deposit within five (5) business days after written notice of the default of the previous highest bidder and promptly executes a Memorandum of Sale providing for performance within thirty (30) days of execution. Mortgagee also reserves the right, at its sole election, to assume the bid of any defaulting or declining bidder. The Mortgagee reserves the right to postpone this sale to a later date by public proclamation at the time and date appointed for the sale and to further postpone any adjourned sale date by public proclamation at the time and date appointed for the adjourned sale date.
Other terms to be announced at sale.
For inquiries concerning the auction, please contact
Dan McLaughlin at dan@mclaughlinco.com.
MutualOne Bank,
present holder of the Mortgage,
By its attorney,
Lauren A. Solar, Esq.
Hackett Feinberg P.C.
155 Federal Street, 9th Floor
Boston, MA 02110
AD#12113703
DN 02/26,03/05,03/12/26