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Maine, being all and singular the premises described | in said mortgage (or mortgages, if more than one). | (For each mortgage, list the name and address of the | time-share owner, a general description of the time- | share estate and the book and page number of the | mortgage.) |
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| TERMS OF SALE:__(State the deposit amount to be | paid by the purchaser at the time and place of the | sale and the times for payment of the balance or | the whole, as the case may be. The time-share | estates, if more than one, may be sold in | individual lots or as a group.) |
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| Other terms to be announced at the sale. |
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| Signed ........................ |
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| Holder of Mortgage or authorized agent. |
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| (f)__The notice of sale in the forms described in | divisions (d) and (e), published in accordance | with the provisions of this section, together with | such other or further notice, if any, constitutes | sufficient notice of the sale. |
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| (2)__The foreclosure sale must be conducted pursuant to | this subparagraph. |
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| (a)__Unless the notice of sale otherwise provides, | the foreclosure sale must take place on the time- | share property. |
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| (b)__The foreclosure sale must be by public | auction, conducted by an auctioneer or attorney | licensed to practice in the State.__At the | discretion of the auctioneer or attorney, the | reading of the names of the time-share owners, if | more than one, the description of time-share | estates, if more than one, and the recording | information, if more than one instrument, may be | dispensed with. |
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| (c)__All rights of redemption of the time-share | owner are extinguished upon sale of a time-share | estate. |
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| (d)__The managing entity, the foreclosing person or any time- | share owner may bid at the foreclosure sale.__The successful | buyer at the foreclosure sale takes title to the time-share | estate free and |
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