Arthur L. Drager, Attorney
Law Offices of Arthur L. Drager, LLC
The Equitable Building- Suite 620
10 N. Calvert St. 21202

GUARDIAN'S SALE

PATTERSON PARK

Two Story, Porchfront
TOWNHOUSE



Sale On Premises
3518 E. FAYETTE STREET
(Off 200 S. Highland Ave.)
Baltimore, MD 21224

THURSDAY, AUGUST 25, 2005
AT 11:00 A.M.


LOCATION MAP

BLOCK PLAT

       Two story, buff brick covered porchfront townhome was arranged for 2 apartments. 1st floor: 3 rooms with walk out to rear yard; 2nd floor: 2 rooms, kitchen and bath. Full basement with kitchen and bath. Oil heat. Housepower. Lot size: 14' x 83', more or less. In fee simple. The home is poor condition and needs extensive renovation.

       TERMS OF SALE: A deposit by certified check or cashier's check of $3,000 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. If the Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit. 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.

Arthur L. Drager, Guardian for Ruth G. Wells