NOTICE OF MORTGAGEE\u2019S INTENTION TO FORECLOSE
UNDER POWER OF SALE

Doc ID # 00073876279005N
TS No.: 0773876279
Title No.: 3322161
Mortgagor/Borrower/Owner: SAMUEL MAGLINTE ARREZA

DEUTSCHE BANK NATIONAL TRUST COMPANY AS TRUSTEE FOR MORGAN STANLEY ABS CAPITAL I INC. TRUST 2007-HE1 MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-HE1, c/o Countrywide Home Loans, Inc., a New York Corporation, whose address is 400 Countrywide Way, SV-35, Simi Valley, CA 93065-0629, as mortgagee pursuant to Hawaii Revised Statutes 667-5 through 667-10 as amended, and that mortgage dated 08/09/2006 in the Bureau of Conveyances, State of Hawaii, as Document No 2006-149153 and in the Office of the Assistant Registrar of the Land Court, State of Hawaii, as Document No 3467016 and Transfer Certificate of Title No 818,330 gives notice that Mortgagee will hold a sale by public auction on 08/02/2007 at 12:00 PM, at the front entrance of the First Circuit Court, located in the State of Hawaii, 777 Punchbowl Street, Honolulu, HI 96813, of real property located at 2525 DATE STREET # 404, HONOLULU, HI 96826, Fee Simple as Tax Map Key of 1-2-7-019-015-0006.

The property is being sold subject to that certain senior mortgage lien dated 08/09/2006 in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., recorded in the Bureau of Conveyances, State of Hawaii, as Document No 2006-149152 and in the Office of the Assistant Registrar of Land Court, State of Hawaii as Document No 3467015.

Terms of the sale are: (1) No upset price; (2) Property sold strictly in \u201DAS IS\u201D condition; (3) Property sold without covenant or warranty, either express or implied, as to title, possession or encumbrances; (4) At the close of the auction, Purchaser shall pay 10% of the highest successful bid price (\u201DBid\u201D) by cashier\u2019s check; provided that Mortgagee may submit a credit bid up to the amount of the secured indebtedness (5) The property shall be conveyed by Mortgagee\u2019s quitclaim conveyance, and upon performance by Purchaser, no later than 21 days after the auction of the following obligations: (a) Purchaser shall deliver a cashier\u2019s check to escrow for the balance of the Bid; (b) Purchaser shall pay all closing costs including, but limited to: costs of document drafting, notary fees, consent fees, escrow fees, conveyance tax, recordation fees and other charges, together with any assessments which may arise under HRS § 514A-90 et seq., Mortgagee\u2019s closing attorney\u2019s fees of $350.00; and (c) Any real property taxes and lease rents shall be paid by Purchaser and not be prorated; (6) Purchaser shall be responsible for obtaining title insurance, if so desired, however, the availability of title or other insurance shall not be a condition of closing; (7) Purchaser may not take occupancy prior to closing; (8) Purchaser shall be solely responsible for securing possession of the property; (9) Time is of the essence in this transaction and any delay in performance by Purchaser which prevents the closing from occurring within 30 days after the auction shall cause Mortgagee to sustain damages in amounts which will be difficult to ascertain. In the event the sale does not close because of any delay in performance by the Purchaser as herein stated, the 10% down payment may be retained by Mortgagee as liquidated damages and not as a penalty; (10) Mortgagee may file at the Bureau of Conveyances, the Affidavit of Sale on or before the thirtieth day after the auction. (11) The sale may be postponed from time to time by public announcement by Mortgagee or someone acting on its behalf; (12) By submitting the Bid, Purchaser acknowledges reading the terms and conditions set forth in this notice and agrees to be bound thereby and sign a written acceptance of all terms herein.

NOTICE IS HEREBY GIVEN THAT THIS FIRM IS ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. HOWEVER, IF YOU HAVE OR ARE IN THE PROCESS OF OBTAINING DISCHARGE OF THE DEBT FROM A BANKRUPTCY COURT, THIS DOCUMENT IS NOT AN ATTEMPT TO COLLECT A DEBT, BUT ONLY ENFORCEMENT OF LIEN RIGHTS AGAINST THE PROPERTY.

Inquiries should be directed to DEUTSCHE BANK NATIONAL TRUST COMPANY AS TRUSTEE FOR MORGAN STANLEY ABS CAPITAL I INC. TRUST 2007-HE1 MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-HE1, c/o Countrywide Home Loans, Inc., a New York Corporation, at 400 Countrywide Way, SV-35, Simi Valley, CA 93065. Telephone (800) 281-8219. (SB05530378 6/27, 7/4, 7/11/07)