The Akron Legal News

Login | April 19, 2024

COMMON PLEAS COURT
of SUMMIT COUNTY, OHIO

Full text of Legal Notice

-------------------------------

SHERIFF'S SALE

-------

Fifth Third Mortgage Company

vs.

Kevin O'Donnell, et al.

------

By virtue of an Order of Sale No. CV2017 05 2084 to me directed from the Court of Common Pleas, of Summit County, Ohio, I, STEVE M. BARRY, Sheriff of said County, will offer for sale at Public Venue, at the West door of the Court House, in Akron, on

FRIDAY, THE 8TH DAY

OF JUNE, A.D., 2018,

at 10:00 o'clock A. M. of said day, the following described Lands and Tenements, to-wit:

45-02844

Situated in the Township of Sagamore Hills, County of Summit and State of Ohio:

And known as being Unit No. 932, Building 2 in the Arboretum at Greenwood Condominium, Phase 1, being a part of Original Northfield Township Lot No. 76, as established by the declaration of condominium ownership and by-laws attached thereto, recorded in Volume OR 364, Page 1-90 of Summit County Records; and as shown by drawings recorded in Plat Cabinet E, Slides 810-827, et seq., of Summit County Condominium Map Records, together with an undivided percentage interest in and to all the common areas and facilities appurtenant to said unit as set forth in the declaration of condominium ownership, as the same may be amended from time to time, which percentages shall automatically change in accordance with amendments to the declaration as the same are filed of record pursuant to the provisions of said amendments and will attach to the common areas and facilities in the percentages set forth in such amendments to the declaration, which percentages shall automatically be deemed to be conveyed effective on the recording of each such amendments to the declaration as though conveyed hereby, be the same more or less, but subject to all legal highways.

Property located at: 932 Arboretum Circle, Sagamore Hills, OH 44067.

Property appraised at: One Hundred Sixty-five Thousand Dollars ($165,000.00).

TO BE SOLD SUBJECT TO THE MORTGAGE OF FIFTH THIRD MORTGAGE CO. AT A MINIMUM VALUE OF NOT LESS THAN TWO-THIRDS OF THE DIFFERENCE BETWEEN THE APPRAISED VALUE AND THE AMOUNT REMAINING UNPAID ON THE MORTGAGE OF THE DEFENDANT, FIFTH THIRD MORTGAGE COMPANY. Amount due on mortgage of FIFTH THIRD MORTGAGE CO. is $84,996.75. Appraised at $165,000.00. Difference = $80,003.25 x 2/3 = $53,335.50. MINIMUM BID IS $53,335.50.

TERMS OF SALE: $5,000.00 deposit in cash, certified check or bank check payable to the Sheriff of Summit County, Ohio, to be tendered at sale at the time of acceptance of the bid. The purchaser shall be required to pay interest at the rate of ten percent (10%) on the unpaid balance of the bid amount, unless paid within eight (8) days after the date of sale. The entire balance of the purchase price shall be paid within 30 days after the filing of the Confirmation Entry.

AND if this sale results in a NO BID/NO SALE and remains unsold after this first sale, then this property shall be offered again at a second sale and shall be sold to the highest bidder without regard to the minimum bid requirement in section 2329.20, at 10:00 a.m. and at the same place on the 22nd day of June, 2018. (ORC 2329.52(B), ORC 2329.26 (2)(a)(v))

The purchaser shall be responsible for those costs, allowances and taxes that the proceeds of the sale are insufficient to cover. (ORC 2329.52(B))

The Sheriff's Office nor any of its affiliates have access to the inside of said property, at any time. (This includes appraisals for bank loans.)

STEVE M. BARRY

Sheriff of Summit County, Ohio.

PETER M O'GRADY, 50 Public Square, Suite 2000, Cleveland, OH 44113, Attorney for Plaintiff.

Sheriff's Office, Akron, Ohio, 19th day of April 2018.

May 2,9,16, 2018  18-00869

Result of Sale: Sold to Maya Internationl for $115,000.

 

[Back]