MORTGAGEE'S SALE AT PUBLIC AUCTION
70 SHOVE STREET,TIVERTON, RHODE ISLAND
THURSDAY FEBRUARY 26, 2004 AT 10:00 A.M.

THIS MASONARY CONSTRUCTED ONE STORY BUILDING WITH A FLAT RUBBER ROOF HAS APPROX. 18,656 SQ. FT. THERE IA BAR AREA THAT SEATS 75 PEOPLE, A 45 SEAT RESTAURANT AND A PRIVATE LOUNGE FOR APPROX. 25 PEOPLE. THERE ARE TWO LAVATORIES OFF THE BAR AREA, AND A LAVATORY IN THE PRIVATE LOUNGE. THE BANQUET ROOM CAN BE DIVIDED INBTO TWO AREAS EACH ACCOMADATING APPROX. 280 PEOPLE. THERE IS A FULL KITCHEN OFF THE BANQUET AREA WITH TWO BARS. EACH SECTION IN THE BANQUET AREA HAS TWO LAVATORIES. THE FLOORING IN THE BUILDING IS VINYL TILES WITH ACCOUSTICAL CEILING TILE AND FLUORESCENT LIGHING. THE BUILDING WHICH HAS A FIRE ALARM SYSTEM, IS HEATED BY GAS AND HAS CENTERAL AIR CONDITIONING. THERE IS A PAVED ON SITE PARKING LOT FOR APPROX. 400 CARS. THE FACILITY IS LOCATED ON AN APPROX. 12.5 ACRES OF LAND.

TERMS: Five Thousand ($5,000) Dollars in cash, certified or bank check at the time of sale. Balance to be paid in like form within thirty (30) days of the sale. Subject to unpaid taxes and other assessments. Other terms announced at the sale, if any.

Note: Neither the Auctioneer or the Attorney makes any representations as to the accuracy of the information contained herein.

MASS LIC. #1344    RI. LIC. #3293
FLA. LIC.#AU-2341
P.O. BOX 41268 NEW BEDFORD, MA.
508-997-0768