LD 1932
pg. 4
Page 3 of 7 PUBLIC Law Chapter 572 Page 5 of 7
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LR 2960
Item 1

 
one) held by the time-share owner (or owners, if
more than one) listed below, the time-share estate
(or estates, if more than one) will be sold at
Public Auction commencing at ........ on ..........
, 20.. at ............................, Maine.__(For
each time-share estate, 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 deed.)

 
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, must be sold in
individual lots unless there are no individual
bidders, in which case they may be sold as a
group.

 
Other terms to be announced at the sale.

 
Signed.........................

 
Lienholder or authorized agent.

 
(e)__For foreclosure of a mortgage lien containing
a power of sale on a time-share estate, a notice
of sale must be printed in substantially the
following form:

 
NOTICE OF SALE OF TIME-SHARE ESTATE OR ESTATES
UNDER TITLE 33, SECTION 595 OF THE MAINE REVISED
STATUTES ANNOTATED

 
By virtue of Title 33, section 595 and in
execution of the power of sale contained in a
certain mortgage (or mortgages, if more than one)
on the time-share estate (or estates, if more than
one) given by the time-share owner (or owners, if
more than one) set forth below for breach of the
conditions of said mortgage (or mortgages, if more
than one) and for the purpose of foreclosing, the
same will be sold at Public Auction commencing at
..... on ........, 20.. at ......................,
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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