Bryan A. Bishop, Attorney
Bishop, Daneman & Simpson, LLC
2 N. Charles Street, Baltimore, Maryland 21201

ESTATE AUCTION

BROOKLYN PARK
"Arundel Gardens"

Porchfront
RANCHER




Sale On Premises
518 W. CEDAR HILL ROAD
Off 600 Block of Hammonds Lane
ANNE ARUNDEL CO., MD 21225

THURSDAY, JANUARY 27, 2005
AT 2:00 P.M.


LOCATION MAP

       Covered porchfront rancher contains: sunken living room, den, country kitchen, 2 bedrooms and bath, on the first floor; full basement with laundry area; gas forced hot air heat; replacement windows. According to S.D.A.T. tax records, lot size: 0.17 acre, more or less. In fee simple. NOTE: The home is in need of renovation.

       TERMS OF SALE: Deposit payable by certified or cashier's check of $7,500 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 defaulting 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. Taxes and all other public charges and assessments, payable on an annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Cost of all recordation and transfer taxes to be paid by the purchaser. TIME IS OF THE ESSENCE. No buyers premium!

       DIRECTIONS: From I-695 (Exit 5) go north on Baltimore-Annapolis Road (MD-648) 0.2 mile to Hammonds Lane. Turn right and go 0.7 mile to Cedar Hill Road and turn right. Follow to the end and the house is on the left. For directions from your location, visit:
http://www.mapquest.com/directions/main.adp.

Joseph E. Laumann, P.R. for Estate of Robert Joseph Corbin