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MORTGAGE SALE THE UNIT ...

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MORTGAGE SALE The unit and buildings known as Unit 7 - 316 Stradbrook Avenue, in Winnipeg Manitoba and described in Certificate of Title No. 2322784/1 will be sold at auction on the 2nd day of July, 2014 at 10:00 AM, by a licensed auctioneer, Gray's-Carter Auction Gallery, 655 Logan Avenue, in Winnipeg, Manitoba R3E 1M3. TO THE BEST of the vendor's knowledge, there is situated on the property a 448 square foot open concept 1 bedroom condo, with 1 bathroom with upgraded laminate and ceramic tiled flooring, tri-pane PVC windows, pot lighting; geo thermal heating, central air conditioning, hard wired smoke detectors, air exchanger and surround sound; shared laundry available on the lower level and no parking is available with this suit. TERMS OF SALE: Twenty per cent (20%) of the purchase price in cash or certified cheque and the balance according to the conditions to be announced at the sale. Any potential bidder must provide proof of ability to comply with the 20% bid requirement prior to participating in the public auction. Subject to the Documentation and Cooling Off period contained in Section 8 of the Condominium Act (Manitoba) PRIOR ENCUMBRANCES: Caveat No. 123006/1 and Caveat No. 3417183/1 REALTY TAXES: property taxes are paid in full to December 31, 2013 The amount of the reserve bid will be announced at the time of the auction sale. FURTHER information may be obtained from: TAYLOR McCAFFREY LLP Barristers and Solicitors 9th Floor, 400 St. Mary Avenue Winnipeg, Manitoba R3C 4K5 Attention: David J. Skinner Phone: 988-0368 File No.: 48156-2

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