Gordon & Heneson, Attorneys
1 N. Charles St. 21201

TRUSTEES' SALE

CHARLES VILLAGE

Well Maintained
Covered Porchfront
TOWNHOME



Sale On Premises
104 W. 26TH ST.
(Off 2600 N. Howard St.)
Baltimore, MD 21218

TUESDAY, MAY 3, 2005
AT 11:00 A.M.


LOCATION MAP

       Unique 2 story covered porchfront townhome containing living room with brick fireplace, dining room/kitchen with custom cabinets, washer and dryer with exit to fenced rear yard and powder room on the 1st floor; 2 bedrooms and bath on the 2nd floor. Basement with flush. Modern gas hot air heat, central air conditioning and alarm system. Rental: $650.00 monthly. (Tenant has been in property for 10 years based on information provided.) Home is in move-in condition. Lot size; 13' x 75', more or less. Zoned OR. Subject to an annual $78.00 ground rent.

       TERMS OF SALE: A deposit by certified check or cashier's check of $5,000.00 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. No Buyer's Premium.

Michael I. Gordon, Attorney for Trustees under Trust Agreement