409 Hancock Street, Quincy
LEGAL NOTICE
MORTGAGEE’S SALE OF REAL ESTATE
By virtue and in execution of the Power of Sale contained in that certain Commercial Mortgage, Security Agreement and Assignment of Leases and Rents given by Le Huynh Realty LLC (the “Mortgagor”) to Coastal Heritage Bank (the “Mortgagee”) dated June 15, 2023 and recorded in the Norfolk County Registry of Deeds in Book 41250, Page 357 (the “Mortgage”) 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 1:00 PM on the 30th day of June, 2026 at 409 Hancock Street, Quincy, MA more particularly in said mortgage, to wit:
First Parcel
A certain parcel of land with buildings thereon situated in the part of Quincy, Norfolk County, Massachusetts known as Norfolk Downs, and being shown as Lot A on a plan entitled “Plan of land in Quincy” Scale 8 feet to an inch, Ernest W. Branch, Civil Engineer, 11 Adams Building, Quincy, dated September 30, 1922, duly recorded with the Norfolk County Registry of Deeds in Book 1535, Page 606. Said lot being more particularly bounded and described as follows:
NORTHEASTERLY by Hancock Street, Fifty-Five and 09/100 (55.09) feet;
SOUTHEASTERLY by Lot B as shown on said plan, Seventy-Six and 24/100 (76.20)
feet;
SOUTHWESTERLY by the northeasterly portion of Lot 11 as shown on a plan entitled “Norfolk Downs, Quincy, Mass., dated April 1892, Charles D. Elliot, Engineer, 31 Exchange Street, Boston, plan by Wood, Harmon & Co., 31 School Street, Boston”, duly recorded with the Norfolk County Registry of Deeds in Plan Book 14, Page 640 - B, Fifty-Five and 09/100 (55.09) feet; and
NORTHWESTERLY by Billings Road, Seventy-Six and 24/100 (76.24) feet to the point of beginning.
Said Lot A containing 4,192 square feet of land more or less as shown on said above referenced plan.
Said Lot A is formerly, the northwesterly portion of Lot 12 as shown on a plan entitled “Norfolk Downs, Quincy, Mass., dated April 1892, Charles D. Elliot, Engineer, 31 Exchange Street, Boston, plan by Wood, Harmon & Co., 31 School Street, Boston”, duly recorded with the Norfolk County Registry of Deeds in Plan Book 14, Page 640 - B.
Excepting and excluding from said Lot A is that part of said lot A that is included and described in deed dated July 26, 1978 and recorded with the Norfolk County Registry of Deeds in Book 5537, Page 317.
Second Parcel
A certain parcel of land with buildings thereon situated in the part of Quincy, Norfolk County, Massachusetts known as Norfolk Downs, and being shown as Lot C on a plan entitled “Plan of Land in Norfolk Downs Quincy”, scale 20 feet to an inch, dated July 25, 1924, Ernest W. Branch, Civil Engineer, 11 Adams Building, Quincy, Mass, duly recorded with the Norfolk County Registry of Deeds in Book 1608, Page 137 as No. 497 of 1924. Said lot being more particularly bounded and described as follows:
NORTHEASTERLY by Lot B-1 and B-2 on said plan, Fifty-Five and 09/100 (55.09 feet;
SOUTHEASTERLY by land of owner or owners unknown, Seventy and 00/100 (70.00) feet;
SOUTHWESTERLY by land of owner or owners unknown, Fifty-Five and 09/100 (55.09) feet;
NORTHWESTERLY by Lot D on said plan, Seventy and 00/100 (70.00) feet to the point of beginning.
Said Lot C containing 3,856 square feet of land more or less as shown on said above referenced plan.
For Mortgagor’s title, see deed dated November 12, 2021 and recorded with the Norfolk County Registry of Deeds in Book 40062, Page 155.
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. In addition to the purchase price, the highest bidder shall be responsible for the auctioneer’s commission of 2% of the purchase price (i.e. buyer’s premium) which shall be paid 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 three (3) 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.
Coastal Heritage 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# 12372667
PL 06/06, 06/13, 06/20/2026