Mortgagee s Sale of Real Estate at Auction

RPROPERTY INFORMATION PACKAGE Thank you for your interest in the Auction. We have compiled the following Property Information to assist you in your research. Please understand that this package is for informational purposes only. Most of the information contained herein has been obtained from public sources and our client. Although the information is believed to be accurate, bidders must verify, on their own behalf, all information. No representations or warranties are made with respect to the accuracy or validity of the information in this package. We strongly suggest that you do your own research with regard to the property. Mortgagee s Sale of Real Estate at Auction To be sold on the premises 10 Vancroft Ave, Shrewsbury, MA Thursday, October 15, 2009-11:00 AM AMG Reference #: 933 If you would like to view our Auction Handbook, go to www.auctionmarketinggroup.com or call to receive a copy by mail. If we can be of further assistance, please feel free to call our offices at any time. 508-842-1900

PROPERTY INFORMATION SHEET No warranty or representation is made concerning the accuracy of the following information. Property Address: 10 Vancroft Ave, Shrewsbury, MA Recorded at: Worcester District Registry of Deeds, Book 44693, Page 134 Auction Date: October 15, 2009 Auction Time: Mortgage Position: 11:00 AM First Mortgage Lien Land Area: 4,600± SF Building Area: 997± and 697± SF lower level Zoning: Residence B-2 Taxes: $2,037.6 4, FY 2009 Assessed Value: $210,500.00 Water/sewer: City/c ity Heating: Steam by Oil Year Built: 1913 ± Features: Directions: This 7 room Cape style home features 3 bedrooms, 3 full baths, wrap around enclosed porch, carport, fenced in yard, patio, full finished basement with full bath and separate entrance. Route 9 to South Quinsigamond Ave, left on Ridgeland Road, first left on Vancroft. Terms: $10,000.00 non refundable deposit shall be paid in cash or bank cashier's check by the purchaser at the time and place of sale, and the balance to be paid in cash or by certified or bank cashier's check at the offices of D Amico & Chenelle, 33 Waldo Street, Worcester, Massachusetts, 01608, within 30 days of the sale. All bidders must exhibit said required deposit to the auctioneer immediately prior to the auction sale in order to qualify as a bidder. Other terms to be announced at the sale. Not a representation or warranty by the auctioneer, mortgagee or their attorney. Auctioneer not responsible for errors or omissions. Auction Marketing Group Email: amg1000@cs.com PO Box 107 Phone: (508) 842-1900 Shrewsbury, MA 01545 Fax: (508) 925-4677

H3MLS - Assessment and Sales Report http://h3m.mlspin.com/tools/publicrecord/view.asp?uid=290776402&id... 1 of 2 9/24/2009 10:27 AM Assessment and Sales Report Location & Ownership Information Address: 10 Vancroft Ave, Shrewsbury, MA 01545-3509 Map Ref.: M:38 L:087000 Zoning: E Owner 1: Frederick J Abasciano Owner 2: Owner Address: 9 Fairview St,Shrewsbury, MA 01545-4406 Property Information Use: 1-Family Residence Style: Cape-Cod Levels: 2 Lot Size: 0.11 Acres (4600 sqft.) Year Built: 1913 Total Area: 2463 sqft. Total Rooms: 7 Living Area: 997 sqft. Bedrooms: 4 First Floor Area: 0 sqft. Full Baths: 1 Addl Floor Area: 0 sqft. Half Baths: 1 Attic Area: 0 sqft. Roof Type: Gable Finished Basement: 0 sqft. Heat Type: Steam Basement: 697 sqft. Fuel Type: Natural Gas Basement Type: Exterior: Wood Side/Shingles Attached Garage: 0 Foundation: Other Garage: 1 Air Conditioned: Yes Fireplaces: 0 Condition: Good Assessment Information Last Sale Date: 4/24/2007 Last Sale Price: $280,000 Last Sale Book: 41037 Last Sale Page: 175 Map Ref.: M:38 L:087000 Tax Rate (Res): 9.68 Land Value: $132,000 Tax Rate (Comm): 9.68 Building Value: $78,500 Tax Rate (Ind): 9.68 Misc Improvements: $0 Fiscal Year: 2009 Total Value: $210,500 Estimated Tax: $2,037.64 Sales History Recent Sale #1 Sale Price: $280,000 Sale Date: 11/13/2003 Buyer Name: Kathleen M Abasciano Seller Name: Frederick J Abascian Lender Name: Washington Mutual Bk Mortgage Amount: $224,000 Sale Book: 32222 Sale Page: 365 Recent Sale #2 Sale Price: $85,000 Sale Date: 2/2/1995 Buyer Name: Frederick Abasciano Seller Name: Mary Pederson Lender Name: Crossland Mtg Corp Mortgage Amount: $80,750 Sale Book: 16860 Sale Page: 7 Mortgage History Recent Mortgage #1 Buyer Name: Frederick J Abasciano Lender Name: Commerce Bk & Tr Mortgage Amount: $117,000 Mortgage Date: 8/6/2009

H3MLS - Assessment and Sales Report http://h3m.mlspin.com/tools/publicrecord/view.asp?uid=290776402&id... 2 of 2 9/24/2009 10:27 AM Mortgage Book: 44693 Mortgage Page: 134 Recent Mortgage #2 Buyer Name: Frederick J Abasciano Lender Name: Time Mortgage Co Llc Mortgage Amount: $150,000 Mortgage Date: 4/24/2007 Mortgage Book: 41037 Mortgage Page: 181 Recent Mortgage #3 Buyer Name: Frederick J Abasciano Lender Name: Wells Fargo Hm Mtg Mortgage Amount: $149,500 Mortgage Date: 1/31/2003 Mortgage Book: 28903 Mortgage Page: 42 Recent Mortgage #4 Buyer Name: Frederick J Abasciano Lender Name: Saxon National Mtg Mortgage Amount: $103,500 Mortgage Date: 2/22/1999 Mortgage Book: 21066 Mortgage Page: 289 The information in the Public Record is set forth verbatim as received by MLS PIN from third parties, without verification or change. MLS PIN is not responsible for the accuracy or completeness of this information.

ATIQI_ SKETCH 5 FRRRBRFBHB L O ATI] GENERAL I C - AVERAGE CONDO INFORMATION EFF tl2rl Bh4T [6S7] 3[ INTERIOR INFOBMATION DEPRECIATION Avg HVFL Phys Cond id - Good 24 Prim lnt Wa - AVERAGE Functional Sec Int Wall Economic Partition -WPICAL Special Prim Floors. AVERAGE Override Sec Floors Total: Bsmnt Flr -AVERAGE CALC SUMMARY Bsmnt Gar Basic $ / SQ 78.00 Electric i0-60 Amps Size Adj. 1.25000000 Insulation: - TYPICAL Const Adi ).96735871 lnt vs Ext: Adi )4.317 Heat Fuel: GAS Other Features )tzl Heat Tvpe.STEAIV] Grade ;actor 1.00 # Heat Svs: a l Neiohhorhood lnfr ).94999999 % Heated: 100 % AC: LUC Factor ).94 Solar HW: NO Central Vac: NO Adi Total 1 03245 % Com Wal % Sprinklec Deoreciation 24779 )rev rtr'r I untrj, Ilillu Code Description A Y/f Deoreciated Total /8466 RES BREAKDOWN No Unit RMS BRS FL 174 Totals 76.2 28 062000 1 0/2512006 290,000 7s.9 21 067000 10/26/2006449,000 71.8 39 058000 212412006 310,000 11.7 22261000 3/10/2006 384,000 68.6 34 006000 412112006 230,000 63.2 43 015000 3/29/2006 350 WtAv$/SQ: Juris. Factor: Val/Su Fin: 78.74 Special Features: Val/Su Net: 00 Final Total: 78s00 Val/Su SzAd 78.76 7 lb 087000 19 DPl? tl7ll Otv Size/Dim Qual Con Year UnrtPrice D/Sl Dep LUC Fact NBFa Apprvalue JCodJFact Juris.Value 3 5 EFP t131 l Area-S0 : Rate-AV 2l IJ \ ASSqSSPfO Patriot Properties, Inc a Subo/o^V.^# Area Usbl uescnp rvpe u' Ten r-_r-_''_ L'mEIN l W I rorar:l

38 Plate 087000 Plot Condo 1of'l CARD RESIDENTIAL T0TAL ASSES$ED: 21 0.500!8356! Town of Shrewsbury Use Code Building Value Yard llems Land Size Land Value Tolal Value 101 78,500 0..106 132,000 210,500 Owner 1 Owner 2: Owner 3: Street 1: ABASCIANO FREDERICK J rnrnrlrilnl sr Street 2: Twn/Cifv SHREWSBURY SVProv: VIA I Cntryl I Own Occ:iN Postal Owner 1 Owner 2: Street 1 Twn/City rc4c. KATHLEEN M O VANCROFT AVENUE SHREWSBURY SUProv: MA I Cntryl Postal: l1 545-3509 T- T'- I tvoe: Parcel contains.106 ACRES of land mainly classified as FAM with a(n) Cape Modifed Bullding Built about i913, Having Primarily SIDING Exterior and ASPHALT Roof Cover, with 1 Units, 1 Baths, 1 HaltBaths, 0 3/4 Baths, 7 Rooms, and 4 otal Caid,: 78,500 0.106 132,000 210,500 otal Parcel 78,500 0.106 132,000 210,500 Total Value per SQ unit /Card: Parcel ID 138 087000 Tax Yr Use Cat Bldg Value Yrd ltems I Land Size Land Value Total Value Asses'd Value I Notes Date 101 FV 83,500 0,.106 132,000 215,500 21s,500i 11412008 10,1 FV 87,900 0.106 132,000 219,900 219,900lYear End 11212007 101 PA 87,900 0.106 127,300 215,200 215,200 SUBSEQ TO REVALUATI 6/15i2006 101 PC 88,500 0.106 108,500 197,000 197,000 PRTOR TO 2007 CALC Ct-6tl2006 101 FV 88,500 0.106 108,500 197,000 197,000 1t3t2006 10,1 CNVS 81,900 0,106 96,900 178,800 178,800lupgrade to 44 1211312004 101 FV 81,900.106 96,900 178,800 rze,aoof 1t4t2oos 101 FV 73.700.106 87,200 1 60,900 160.900lvearend role 11512004 Iltttriot I Pmperths lxc. Prior ld # 1 Prior ld # 2: Date ilme Prior ld # 3 Prior ld # 1 )9124109 14''26:26 Prior ld # 2 -AST REV Prior ld # 3: Dale Time Prior ld # 1 )5t15t07 13:20:15 Prior ld # 2: 1996-242 sdaqle Prior ld # 3: TION TAX DISTRICT PAT ACCT. 8356 ASR Mao: Grantor Legal Ref Type Date Sale Code Sale Price V Tsl Verif Assoc PCL Value Notes Fact Dist: -\basuianu,kaihl 41U3/-1/5 qbasciano,frede 32222.3365 \BASCIANO,KATHL 28903-39 \BASCIANO,FREDE 23204.234 1 6860-7 4t24t2007 tamtly 1111312003 1/31/2003 FAt\4tLY 1 1/13/2000 FAMTLY zla1s95 100 No 280000 No 100 No 100 No 85000 No No No No No No Reval Dist: Year: LandReason: BldReason: Item Code Descio Item Code Descrin L Res B-2 100 U SEWER o t WATER n GAS Census: Exmpt Flood Haz: Tooo AVERAGE Street PAVED Date Number Descrip Amount C/O Last Visit. Fed Code F. Descrio Comment Date Resuft By Name 32411977 REVIEW PAC 2]2811977 INSPECTED REI 212811977 MEASURED BUR I Traffic Sign:l,.,r:,' _l_l_ ffi oescriotion luj r.roorunirs,ttj,lll[ Untrype Land rype Fil., ffi: Unit price Adj r.'nn TllJ l;'t Inl 1 o/. Inl2 o/- lnll a o/- Appraised Alt 101 ONE FAM 101 ONE FAM 4600 46 SQ FT SITE FRNT FT EXPAN 129,550 0 0.5 1.063 8 0. 0.000 8 Value Class ^. q. Spec :'- -. J -Fact Use Value Lano u00e I 32,000 Disclaimer: This lnformation is believed to be correct but is subject to change and is not wananteed. Database: Fy200g trottl--lt rrt fspr credil--- -lf rotalfl3r,oool apro 2009

MORTGAGEE'S NOTICE OF SALE OF REAL ESTATE By virtue and in execution of that certain mortgage given by Frederick J. Abasciano to Commerce Bank & Trust Company dated February 7, 2008, and recorded with the Worcester District Registry of Deeds at Book 44693, Page 134, for breach of conditions of said mortgage and for the purpose of foreclosing the same, said premises, and the buildings thereon, will be sold at Public Auction at 11:00 A.M. on the 15 th day of October, 2009, on the mortgaged premises at 10 Vancroft Street now known as Vancroft Avenue, Shrewsbury, Worcester County, Massachusetts, all and singular, the premises described in said mortgage: To Wit: The land together with the buildings thereon in Shrewsbury, Worcester County, Massachusetts, bounded and described as follows: The land in Shrewsbury, Worcester County, Massachusetts, being Lot 38 on Plan of Lakewood Villa, Shrewsbury, Mass., dated June, 1913, E.B. Flinn, Engineer and recorded in the Worcester District Registry of Deeds, Plan Book 24, Plan 68, bounded and described as follows: Beginning at a point on the westerly side of Vancroft Street, which point is 92 feet northerly from the intersection of the northerly side of Ridgeland Road with the westerly side of Vancroft Street; Thence westerly by Lots 39 and 40 on said plan, 100 feet to Lot 43 on said plan; Thence northerly by said Lot 43, 46 feet to Lot 37 on said plan; Thence easterly by said Lot 37, 100 feet to said Vancroft Street; Thence southerly by said street 46 feet to the point of beginning. Containing 4,600 square feet of land, more or less. Said Vancroft Street now known as Vancroft Avenue. For title reference see deed recorded with said Deeds in Book 28903, Page 39. The description of the premises contained in the mortgage shall control in the event of a typographical error in this publication. TERMS OF SALE: $10,000.00 non refundable deposit shall be paid in cash or bank cashier's check by the purchaser at the time and place of sale, and the balance to be paid in cash or by certified or bank cashier's check at the offices of D Amico & Chenelle, 33 Waldo Street, Worcester, Massachusetts, 01608, within 30 days of the sale. All bidders must exhibit said required deposit to the auctioneer immediately prior to the

auction sale in order to qualify as a bidder. Said premises will also be sold subject to and/or with the benefit of any and all rights of way, easements, restrictions, covenants, conditions, reservations and agreements of record, to the extent that the same are in force and applicable, outstanding taxes, tax titles, municipal or other public liens or assessments, water bills, sewer bills, liens or claims in the nature of liens, all existing encumbrances of record created prior to this mortgage, and the right of redemption of the United States of America, if any. It shall be the bidders' sole responsibility to ascertain all items described in this paragraph and no representations are made concerning compliance with applicable zoning regulations. The mortgaged premises, if occupied, shall be conveyed subject to existing occupancies and/or tenancies. This sale may be postponed or adjourned from time to time, if necessary, by the Attorney for the mortgagee at the scheduled time and place of sale. Other terms, if any, to be announced at the sale. The successful bidder shall be required to sign a Memorandum of Terms and Conditions containing the above terms at the sale. If the highest bidder fails to complete the purchase of the premises on the terms provided in this notice and in the Memorandum of Terms and Conditions signed following the sale, the Mortgagee reserves the right to sell the premises to the second highest bidder (or each subsequent highest bidder thereafter) who will then have three (3) days to deliver the deposit specified above to the Mortgagee's attorney as herein indicated, and to agree to a closing date for payment of the remaining balance of such subsequent highest bid and transfer of deed that is within thirty (30) days thereafter. Present Holder of Said Mortgage COMMERCE BANK & TRUST COMPANY By Its Attorney Howard B. D'Amico, Esquire D Amico & Chenelle 33 Waldo Street Worcester, MA 01608 Auction Marketing Group, Auctioneer (508) 842-1900