RECEIVER'S SALE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF PENNSYLVANIA DOCKET # 2:13-cv-01743-DSC (the "Action") Wherein, Wells Fargo Bank, N.A., as trustee for the registered Holders of Credit Suisse First Boston Mortgage Securities Corp., Commercial Mortgage Pass-Through Certificates, Series 2006-C5 is the plaintiff and Rowen Petroleum Properties, LLC is the defendant. Execution for Sale of Premises Dinsmore & Shohl LLP Attorney(s) (610) 408-6020 By virtue of a Consent Judgment in Mortgage Foreclosure entered on February 6, 2014, McKinley Realty, LLC, the Court-appointed Receiver in the Action, shall expose for sale by public venue, pursuant to 28 U.S.C. § 2001, et seq., and sell to the highest bidder, on August 25, 2014, at 11:00 a.m., prevailing time, at 2015 Pittsburgh Mills Boulevard, Tarentum, Pennsylvania 15084, the property (the "Property") commonly known as: 2015 Pittsburgh Mills Boulevard, Tarentum, Pennsylvania, together with all fixtures and things thereon secured by the Mortgage at issue in the Action. Claims must be filed at the offices of Dinsmore & Shohl LLP, 1200 Liberty Ridge Drive, Suite 310, Wayne, PA 19087, Attn: Lindsey M. Hoelzle (610-408-6020) before the sale date. Claims to the proceeds from the sale, if any, must be made with the offices of Dinsmore & Shohl LLP, to the attention of Lindsey M. Hoelzle before distribution. A schedule of distribution will be filed with the Court by the Court-appointed Receiver, no later than thirty (30) days from the date of the passing of the deed to the Property to the successful bidder, unless plaintiff is the successful bidder, and funds, if any, shall be distributed not more than ten (10) days later following the posting of the schedule of distribution. If the plaintiff is the successful bidder, no schedule of distribution will be filed. The above concise description of the Property does not constitute a legal description of the real estate. A full legal description can be found at the offices of Dinsmore & Shohl LLP. Approximate amount due plaintiff on the execution as of November 11, 2013: $2,913,848.10, with continuing interest and costs thereafter. Court-appointed Receiver makes no representations expressed or implied as to the existence or validity of any liens and encumbrances on the Property which is the subject matter of this Sale. Lienholders and/or claimants are hereby notified that liens and claims relating to the Property will be divested as a result of the Sale unless lienholders or claimants take necessary steps to protect their rights. 20% of amount bid will be required as a non-refundable deposit at time of Sale, in cash or Certified Check to the held by the Receiver, balance to be paid not later than 30 days following the date of the Sale. Plaintiff will not be required to post a deposit or tender cash on any credit bid it makes. The Sale may also be subject to additional terms and conditions which may be announced on the date of the sale. Court-appointed Receiver hereby reserves the right to adjourn this Sale from time to time. Any adjournment or adjournments will be announced at the sale date or adjourned sale date, and Receiver will not be required to advertise any such new date(s). For questions, contact Lindsey M. Hoelzle, Esquire at 610-408-6020, lindsey.hoelzle@dinsmore.com.
↧