PUBLIC AUCTION SALE

     DEVELOPMENT SITE    
CHARLES VILLAGE AREA

ZONED R-7
(Used continuously for
Paving Equipment Storage)


Sale On Premises
25½TH STREET 21218
(Adjoins 320 25½TH St.)

THURSDAY, APRIL 21, 2005
AT 2:00 P.M.


LOCATION MAP

BLOCK PLAT

       Property comprises approximately 0.34 acres, more or less, with a frontage of 104' on 25½TH St. With irregular depths, and known as lots 49A, 49C , 50 and 52 on City Block Plat 3834. In Fee Simple.

       Directions: At 352 E. 25TH St. turn north on Barclay St. one half block to E. 25½TH St. Turn left to property.

       TERMS OF SALE: A deposit by certified check or cashier's check of $2,500.00 will be required of the purchaser at time and place of sale. The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers. Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement. All adjustments as of date of sale. All other public charges and assessments payable on an annual basis including sanitary and/or metropolitan district charges to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in an "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Laws. Cost of all documentary stamps and transfer taxes to be paid by the purchaser. TIME IS OF THE ESSENCE.