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Keenan Auction Company PROPERTY INFORMATION PACKAGE Our 6,500 th Auction Real Estate Foreclosure Auction 13-322 Ranch Style Home 1674 North Belfast Ave., Vassalboro, Maine Tuesday, December 10, 2013 at 1:30PM

Keenan Auction Company 1 RUNWAY ROAD SO. PORTLAND, MAINE 04106 (207) 885-5100 www.keenanauction.com Email: info@keenanauction.com December 5, 2013 Dear Prospective Bidder: Keenan Auction Company would like to announce auction 13-322: Real estate consists of a.82+/- acre parcel improved by a ranch style home. The auction will be held on Tuesday, December 10, 2013 at 1:30PM on premises. Please find our detailed Property Information Package enclosed for your review. The above property is subject to a $2,500 deposit (non-refundable as to the highest bidder) in CASH or CERTIFIED U.S. FUNDS made payable to the Keenan Auction Company (deposited with Auctioneer as a qualification to bid), increased to 10% of the purchase price day of sale in cash or personal check, with balance due and payable within 30 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. Conveyance of the property will be by release deed. All other terms will be announced at the public sale. Keenan Auction Company is committed to providing you with comprehensive information concerning this property. Our staff is readily available to assist you with any questions you may have regarding this property or the auction process. Thank you for your interest in this property and we look forward to seeing you on the day of the sale. Sincerely, KEENAN AUCTION COMPANY Enc. "This agency represents the Seller's interests and, as such, has a fiduciary duty to disclose to the Seller information, which is material to the sale, acquired from the Buyer or any other source."

Real Estate Foreclosure Auction 13-322 Ranch Style Home 1674 North Belfast Ave., Vassalboro, Maine Prepared for: Maine State Housing Authority Prepared by: Keenan Auction Company

Table of Contents Agency Relationships (Form 3)... 1 Disclaimer... 2 Advertisement... 3 Location Map... 4 Tax Map... 5 Assessment Information... 6 Building Sketch... 8 Municipal Information... 9 Property Disclosure Form... 10 Enclosures: Purchase and Sale Agreement Quitclaim Deed Without Covenant Terms of Sale Note: Please use page number in lower right hand corner of page

DISCLAIMER ATTENTION PROSPECTIVE BIDDER THE INFORMATION SET FORTH IN THIS PROPERTY INFORMATION PACKAGE IS BELIEVED TO BE CORRECT AND COMPLETE. HOWEVER, THE KEENAN AUCTION COMPANY AND THE SELLER OF THIS PROPERTY AND ITS AGENTS/REPRESENTATIVES MAKE NO WARRANTIES AS TO THE ACCURACY, TRUTHFULNESS AND COMPLETENESS OF THIS INFORMATION. PRIOR TO THE AUCTION, PROSPECTIVE BIDDERS SHOULD MAKE SUCH INVESTIGATION, AS THEY DEEM APPROPRIATE. 2

Advertisement Notice Of Real Estate Foreclosure Auctions 13-322/323/324 Pursuant to 14 M.R.S.A. 6323 (3) Central Maine Properties Vassalboro Winslow North Anson Auction 13-322 ~ Thursday, November 14, 2013 at 1:30PM ~ 1674 North Belfast Ave., Vassalboro, Maine: Notice is hereby given that in accordance with a Consented-To Judgment of Foreclosure and Sale, Stipulated Expiration of Redemption, and Waiver of Right to Appeal, dated August 13, 2013 which judgment was entered by the Maine Superior Court for Kennebec County, Maine in the case of Maine State Housing Authority v. Virginia C. Pelletier, Docket No. RE-12-105, and wherein the Court adjudged a foreclosure of a mortgage deed granted by Virginia C. Pelletier, and recorded in the Kennebec County Registry of Deeds in Book 7893, Page 151, the period of redemption from said judgment having expired, a public sale will be conducted on November 14, 2013, commencing at 1:30 p.m. at 1674 North Belfast Ave., Vassalboro, Maine. Reference should be had to said mortgage deed for a more complete legal description of the property to be conveyed. Real Estate: Consists of.82+/- acre parcel. Improving the site is a ranch style home (1,066+/- SF), with 2-bedrooms, 1-bath, kitchen, living room, dining room, fireplace, and a 1-car garage w/canopy. Reference Vassalboro Tax Map 9, Lot 55. Auction 13-323 ~ Thursday, November 14, 2013 at 3PM ~ 14 Hallowell St., Winslow, Maine: Notice is hereby given that in accordance with an Order and Judgment of Foreclosure and Sale, dated May 15, 2013 which judgment was entered by the Maine Superior Court for Kennebec County, Maine in the case of Maine State Housing Authority v. George A. Cousins, Jr., and Trena D. Cousins, Docket No. RE-12-37, and wherein the Court adjudged a foreclosure of a mortgage deed granted by George A. Cousins, Jr., and Trena D. Cousins, and recorded in the Kennebec County Registry of Deeds in Book 7098, Page 185, the period of redemption from said judgment having expired, a public sale will be conducted on November 14, 2013, commencing at 3:00 p.m. at 14 (f/k/a 26) Hallowell St., Winslow, Maine. Reference should be had to said mortgage deed for a more complete legal description of the property to be conveyed. Real Estate: Consists of.22+/- acre parcel. Improving the site is a cape style home (1,492+/- SF), with 3-bedrooms, 1- bath, kitchen/dining area, living room, fireplace, den, and a 1-car garage. Reference Winslow Tax Map 17, Lot 171. Auction 13-324 ~ Friday, November 15, 2013 at 3:30PM ~ 13 Nault Rd., North Anson, Maine: Notice is hereby given that in accordance with an Order and Judgment of Foreclosure, dated April 25, 2008 which judgment was entered by the Maine Superior Court for Somerset County, Maine in the case of Maine State Housing Authority v. Carl E. Creamer, Jr. and Arlene J. Creamer, et al., Docket No. RE- 2008-05, and wherein the Court adjudged a foreclosure of a mortgage deed granted by Carl E. Creamer, Jr. and Arlene J. Creamer, and recorded in the Somerset County Registry of Deeds in Vol. 1816, Page 9, the period of redemption from said judgment having expired and the Court granting an enlargement of the publication deadline, a public sale will be conducted on November 15, 2013, commencing at 3:30 p.m. at 13 Nault Rd., North Anson, Maine. Reference should be had to said mortgage deed for a more complete legal description of the property to be conveyed. Real Estate: Consists of 3.4+/- acre parcel. Improving the site is a cape style home in need of repairs (1,872+/- SF), with 4-bedrooms, 1.1baths, kitchen, dining room, living room, fireplace, den, and an enclosed porch. Reference North Anson Tax Map 8, Lot 1. Previews: Friday, October 25, 2013 Vassalboro 11-11:30am & Winslow 12-12:30pm Friday, November 1, 2013 N. Anson 4-4:30pm Terms: A $2,500 deposit per property (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co. (deposited with the Auctioneer as a qualification to bid), increased to 10% of the purchase price day of sale in cash or personal check, with balance due and payable within 30 days from date of auction. The properties will be sold by public auction subject to all outstanding municipal assessments. Conveyance of the properties will be by release deed. All other terms will be announced at the public sale. For a Property Information Package visit KeenanAuction.com or call (207) 885-5100 and request by auction number 13-322/323/324. Richard J. Keenan #236. Our 41 st Year 6,500 th to 6,502 nd Auctions. Keenan Auction Company 1 RUNWAY ROAD SO. PORTLAND, MAINE 04106 (207) 885-5100 info@keenanauction.com 3

Location Map 4

Tax Map 5

Assessment Information 6

Building Sketch 8

Municipal Information Real Estate Foreclosure Auction 13-322 1674 North Belfast Ave., Vassalboro, Maine 2013 Mill Rate $ 11.20 Per $1,000.00 Percent of Valuation at Market 100% Tax Map 9, Lot 55 2013 TAX VALUE: Land $ 28,700.00 Building 83,000.00 Total Value $ 111,700.00 2013 ANNUAL REAL ESTATE TAXES: $ 1,251.04 REAL ESTATE TAXES DUE: Current Next installment won t be due until 2/24/14 - $ 312.76 PUBLIC WATER: NA PUBLIC SEWER: NA The above information was obtained from the Vassalboro Town Hall. For further details on municipal information please contact the Town Hall at 207-872-2826. 9

PURCHASE AND SALE AGREEMENT AGREEMENT made this 10 th day of December, 2013, by and between Maine State Housing Authority, which has a principal place of business in Augusta, Maine ( Seller ), and of ("Buyer"). 1. Property: Seller hereby agrees to sell (pursuant to a foreclosure action found in the Kennebec County Superior Court, Docket No. RE-12-105) and Buyer hereby agrees to buy a certain lot or parcel of land, including any buildings thereon, situated at 1674 North Belfast Ave. in Vassalboro, Maine; being the same premises formerly encumbered by a Mortgage given by Virginia C. Pelletier, dated April 7, 2004 and recorded in the Kennebec County Registry of Deeds in Book 7893, Page 151. 2. Transfer of Property: Buyer and Seller agree that Buyer will deliver the balance of the purchase price within thirty (30) days of the date of the public sale (being no later than January 9, 2014) to the offices of Seller s counsel, Drummond & Drummond, LLP, located at One Monument Way in Portland, Maine. 3. Title: Seller agrees to convey its interest in the property by Quitclaim Deed Without Covenant to be delivered at closing subject to all existing easements, restrictions, encumbrances or other matters which may or may not be of record. Buyer acknowledges that the property is being sold "as is, where is, without recourse" and that no representations are made by Seller or its representatives as to the marketability or insurability of title. 4. Purchase Price: Buyer hereby agrees to pay the sum of Dollars ($ ) in cash, certified check, or cashier's check as follows:

(i) (ii) (iii) Two Thousand Five Hundred and 00/100 Dollars ($2,500.00) at the time of the execution of this Agreement, which is a nonrefundable Down Payment; Dollars ($ ) the day of the execution of this Agreement, which, when added to the Down Payment, equates to ten (10) percent of the purchase price and is likewise nonrefundable; and The outstanding balance, due at the time of closing. Should Buyer fail to make the payment of the balance due by the closing date, the nonrefundable amounts listed above shall be retained by Seller as damages and Seller may pursue other damages if appropriate. 5. Taxes and Municipal Assessments: Except as provided elsewhere herein, all real and personal property taxes, including taxes for the current year, any unpaid taxes for any prior year and any other fees including water and sewer charges due to municipal or quasi-municipal corporations will be the responsibility of Buyer. Any taxes or water and sewer charges paid by Seller not more than sixty (60) days prior to the date of the public sale shall be reimbursed by Buyer. 6. Sales Tax: Buyer shall be responsible for a five and one-half (5½) percent State of Maine Sales Tax that will be assessed on the value of any personal property that is being sold with the real estate, if any, which sales tax will be due from the Buyer at closing. 7. Document Preparation Fees: Buyer shall pay Seller s counsel, Drummond & Drummond, LLP, a document preparation fee of Three Hundred Fifty and 00/100 Dollars ($350.00) at the transfer of the property. A check in the amount of Three Hundred Fifty and 00/100 Dollars ($350.00) will be made payable to and delivered to Drummond & Drummond, LLP, at the address provided above.

8. Risk of Loss: The risk of loss or damage to said premises by fire or otherwise until the closing is assumed by Seller. 9. Broker: Seller and Buyer hereby agree that there is no real estate broker involved in this transaction and that no one is due a commission for this sale unless specifically acknowledged by Seller prior to the execution of this Agreement. 10. Damages: In the event Seller defaults and breaches any of the terms of this Agreement, Buyer s damages shall be limited to return of its down payment. In the event Buyer defaults and breaches any of the terms of this Agreement, Seller may, at its election, retain Buyer s down payment, bring any legal and equitable claims it may have against Buyer and terminate the Agreement or file suit for specific performance of this Agreement. 11. Merger: No representations or warranties of any kind are made with respect to the property, including, without limitation, its condition or any use to which it may be put. The property is being sold on an "as is", "where is", "without recourse", "with all defects" basis, and any and all warranties, express, implied or otherwise, including, without limitation, the warranties of habitability, merchantability, marketability, insurability and fitness for any purpose, are hereby disclaimed. No representation or warranty is made as to the compliance of the real property with any laws, rules, regulations or ordinances, including zoning, environmental, or hazardous waste laws. Seller, its agents and attorneys shall have no responsibility or liability for the loss of use of the property, loss of time, inconvenience, commercial loss and/or any incidental or consequential damage, loss or injury. Buyer is not entitled to rely on any representations or warranties regarding the property not embodied in this Agreement, and any such representations or warranties have not been authorized by Seller or its agents and attorneys.

12. Possession: Buyer shall be entitled to possession at closing, or as otherwise agreed to in writing by Seller. Buyer is responsible for requesting a Writ of Possession and the eviction of any tenants in the property. 13. Miscellaneous: This instrument is to be construed under the laws of the State of Maine, and sets forth the entire agreement between the parties. IN WITNESS WHEREOF, the parties have signed this Agreement in duplicate original on the day and year written above. BUYER(S): SELLER: Address: SSN Tel.No. By: Its:

QUITCLAIM DEED WITHOUT COVENANT CORPORATE GRANTOR KNOW ALL BY THESE PRESENTS, THAT Maine State Housing Authority, which has a principal place of business in Augusta, Maine, acting 14 M.R.S.A. 6321 et seq. and in accordance with a Consented-to Judgment of Foreclosure and Sale, Stipulated Expiration of Redemption and Waiver of Right to Appeal entered by the Kennebec County Superior Court (Docket No. RE-12-105) on August 13, 2013, concerning a Mortgage given by Virginia C. Pelletier, dated April 7, 2004 and recorded in the Kennebec County Registry of Deeds in Book 7893, Page 151, in consideration of One Dollar ($1.00) and other valuable consideration paid by, whose mailing address is, the receipt whereof it does hereby acknowledge, does hereby remise, release, bargain, sell and convey, and forever quitclaim unto the said, his/her/its successors and assigns forever: a certain lot or parcel of land, together with any buildings thereon, situated at 1674 North Belfast Ave. in Vassalboro, Maine (being more particularly described in Exhibit A attached hereto). This deed is granted through a foreclosure sale held pursuant to 14 M.R.S.A. 6323(1). A notice of public sale stating time, place and terms of the sale was published on October 6, October 13, and October 20, 2013 in the Maine Sunday Telegram, which is a newspaper of general circulation in Kennebec County, the county where the real estate is located. The redemption period expired on September 15, 2013 and the public sale was held on November 14, 2013. The grantee(s) was/were the highest bidder.

TO HAVE AND TO HOLD the same, together with all privileges and appurtenances thereunto belonging, to the said, his/her/its successors and assigns forever. IN WITNESS WHEREOF, Maine State Housing Authority has caused this instrument to be signed in its corporate name by Robin Thompson, Loss Mitigation Officer for Camden National Bank, this day of December, 2013. Signed and Delivered in the Presence of: Maine State Housing Authority Robin Thompson, Camden National Bank STATE OF MAINE KENNEBEC, ss. December, 2013 Then personally appeared the above named Robin Thompson of Camden National Bank and acknowledged the foregoing instrument to be her free act and deed, and the free act and deed of Camden National Bank and Maine State Housing Authority. Before me, Notary Public Printed Name My Commission Expires

EXHIBIT A The real property in Vassalboro, County of Kennebec, State of Maine described as follows, to wit: Starting at a point on the northeasterly side of the intersection of Stone Road, so called, and Routes 3 & 9; thence running Easterly a distance of 300 feet along the northerly side of Routes 3 & 9 to an iron pin; thence turning an angle and running in a Northwesterly direction a distance of 100 feet to an iron pin; thence turning an angle and running in a Westerly direction a distance of 190 feet to an iron pin located on the easterly side of the Stone Road; thence turning an angle and running Southerly along the easterly side of the Stone Road a distance of 190 feet to the point of beginning.

MORTGAGEE S FORECLOSURE SALE 1674 North Belfast Ave., Vassalboro, Maine Tuesday, December 10, 2013 at 1:30 p.m. TERMS OF SALE This Sale is being held pursuant to 14 M.R.S.A. 6323 and in accordance with a Consented-to Judgment of Foreclosure and Sale, Stipulated Expiration of Redemption and Waiver of Right to Appeal entered in favor of Maine State Housing Authority ( MSHA ) on August 14, 2013, wherein the Kennebec County Superior Court ordered the foreclosure of a Mortgage given by Virginia C. Pelletier dated April 7, 2004 and recorded in the Kennebec County Registry of Deeds in Book 7893, Page 151. The Sale will be conducted in accordance with the following procedures and conditions: 1. The real property consists of a certain lot or parcel of land, including any buildings thereon, situated at 1674 North Belfast Ave. in Vassalboro, Maine; as more fully described in the aforementioned Mortgage. 2. MSHA agrees to convey its interest in the real property by Quitclaim Deed Without Covenant to be delivered at closing subject to any and all easements, restrictions and other matters of record. 3. Except as provided elsewhere herein, all real and personal property taxes, including taxes for the current year, any unpaid taxes for any prior year and any other fees including water and sewer charges due to municipal or quasi-municipal corporations will be the responsibility of Buyer. Any taxes or water and sewer charges paid by MSHA not more than sixty (60) days prior to the date of the public sale shall be reimbursed by Buyer. 4. No representation is made by MSHA as to the priority or validity of any liens or claims which may be superior to or subordinate to the Mortgage or commercial security interest of MSHA herein. 5. The risk of loss or damage to the property by fire or otherwise from and after the date of public sale to the date of closing is assumed by MSHA. 6. The above described real property is sold on an AS IS, WHERE IS, WITHOUT RECOURSE basis. Buyer acknowledges that he/she/it has had the opportunity to and has made such physical and title inspection as he/she/it sees fit, and that no representations or warranties concerning the title to the property or its compliance with any applicable zoning or land use regulations, laws, or ordinances were made, have been made, or are being made by MSHA, or any of its agents or representatives. The sale of the property does not include any personal property.

7. Buyer shall, at his/her/its cost, pay all applicable real estate transfer taxes, including any transfer tax assessed to MSHA as Seller, so that Buyer shall pay Four and 40/100 Dollars ($4.40) per thousand dollars or fraction thereof of the bid at closing. 8. Buyer shall pay MSHA s counsel, Drummond & Drummond, LLP, a document preparation fee of Three Hundred Fifty and 00/100 Dollars ($350.00) at the transfer of the property. 9. Buyer shall be responsible for a five and one-half (5½) percent State of Maine Sales Tax that will be assessed on the value of any personal property that is being sold with the real estate, if any, which sales tax will be due from the Buyer at closing. 10. While descriptions are believed to be correct, Keenan Auction Company and MSHA make no warranties or guarantees, expressed or implied, as to genuineness, authenticity, or defects, and will not be held responsible for advertising discrepancies or inaccuracies. Everything is sold AS IS, WHERE IS, WITHOUT RECOURSE except as expressly made or set forth in writing. 11. In the case of disputed bidding, Keenan Auction Company shall be the sole and absolute judge of such dispute. 12. Keenan Auction Company acts only as agent for MSHA. MSHA reserves the right to bid without making the required deposit and, if MSHA is the successful bidder, it may pay the purchase price with a credit against the indebtedness owed to it by the Mortgagor. 13. In the event of any conflict between these Terms and Conditions of Sale and the Purchase and Sale Agreement, the Purchase and Sale Agreement shall control. 14. At approximately 1:30 p.m. Eastern Standard Time the sale will be commenced by Keenan Auction Company. 15. Immediately after the reading of the Notice of Public Sale and the Terms of Sale, Keenan Auction Company will declare the Sale to be open to all persons who may wish to bid. The Notice of Sale is attached hereto and incorporated herein. 16. The real property will be sold AS IS, WHERE IS, WITHOUT RECOURSE to the highest bidder, who must make payment in cash, certified funds, or cashier s check as follows: Two Thousand Five Hundred and 00/100 Dollars ($2,500.00) made payable to Keenan Auction Company, prior to the beginning of the auction, which sum will be retained as a nonrefundable, non-interest-bearing down payment to be applied to the purchase price; (ii) an additional payment made day of auction which, when combined with the initial deposit, equates to ten (10) percent of purchase price; and (iii) the remaining balance, made payable to MSHA, within thirty (30) days.

17. No bid will be accepted unless the bidder shall have first registered with Keenan Auction Company and deposited with them the required earnest money deposit. The bids will be made orally. Keenan Auction Company reserves the right to control the increments of the bids. Any bid not in compliance with the terms of the sale may be rejected. The highest bidder must also sign a purchase and sale contract with MSHA calling for a closing within thirty (30) days of the public sale, at which time MSHA will then deliver a duly executed Quitclaim Deed Without Covenant with respect to the real property. 18. The sale will be made without warranties and subject to: (1) prior liens or any conditions a title search would reveal, including but not limited to, (a) relevant state, municipal, Federal laws, regulations and ordinances, (b) any conditions or state of facts, which would be disclosed by inspection of the premises and/or an accurate engineering survey (including the exact geographic location of the premises), (c) persons in possession and those claiming under leases for a term less than two years, (d) unrecorded mechanics liens, (e) the existence of any violation of State, Municipal or Federal environmental laws or ordinances and the existence of any liens resulting therefrom which are not recorded within the chain of title in the Registry of Deeds for the county in which the real estate is located, (f) the Buyer shall be responsible for compliance with, application for, renewal and transfer of any and all approvals, orders, and permits issued by the State of Maine and the Town of Vassalboro, if applicable. MSHA makes no representations or warranties of any kind with respect to the validity, existence, renewability, transferability, or necessity of any such permits, order, or approvals, (g) taxes assessed and payable that may or may not be liened and which are not yet due and payable, and for subsequent years, (h) title to and rights of the public and others entitled thereto in and to those portions of the lots lying within the bounds of adjacent streets, roads, and ways, (i) all rights, restrictions, encumbrances, covenants, rights of way, easements, reservations, conditions, agreements, and limitations as described in the instruments recorded in the Kennebec County Registry of Deeds; and (j) rights of tenants, if any. This foreclosure sale may be adjourned from time to time as Keenan Auction Company may determine. 19. In the event the highest bidder fails to close within thirty (30) days of the date of the public sale, MSHA reserves the right to sell the premises to any of the other registered bidders including itself, or resell the premises at a readvertised public sale. 20. PLEASE NOTE: You have signed a written, binding contract agreeing to the terms and conditions of sale, and understanding any bid you make falls under the Statute of Frauds. If you do not agree to the terms and conditions of sale, please return your bidding card to Keenan Auction Company. The undersigned hereby registers to bid, agreeing to the terms and conditions of sale set forth above and/or announced prior to the taking of bids, and intending to be bound thereby. Dated: Bidder