ADVERTISEMENT MORTGAGE SALE The building and land known as 590 Victor Street, in the City of Winnipeg, in the Province of Manitoba as described in Certificate of Title No. 2643735/1 will be sold at auction on Wednesday, the 22nd day of June, A.D., 2016, at 11:00 A.M., at Gray's - Carter's Auction, 655 Logan Avenue, in Winnipeg, Manitoba. The Vendor is informed that there is situated on the property a 3 1/2 storey apartment building with 18 one bedroom units, 2 one bedroom loft units and 4 two bedroom units with laundry facilities in the basement. Each unit contains a living room, kitchen and 4-piece bathroom. Tenants are responsible for all utilities including separately metered water. TERMS: TWENTY (20%) of the purchase price by certified cheque, bank/credit union draft or solicitor's trust cheque on the date, place and time of auction and the balance in accordance with the conditions to be announced at sale. The Property is sold subject to a RESERVE BID of $2,842,476.45 plus such other additional and incidental costs which may be incurred by the Lender from the 9th day of May, 2016 to the date of auction and which costs will be announced prior to the commencement of the Sale. Property Taxes are paid to December 31, 2013. Property Taxes are outstanding for 2014 and 2015 in the amount of $26,096.48 plus accruing penalty interest. Property is subject to Mortgage No. 4317639/1. Further information and copies of Conditions of Sale may be obtained from: LEVENE TADMAN GOLUB LAW CORPORATION Barristers & Solicitors 700 - 330 St. Mary Avenue Winnipeg, MB R3C 3Z5 Attention: Mara Koven-Lapointe/Sonia File No. 101350 Phone No. 957-0520
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