Jonathan A. Azrael, Attorney
Azrael, Gann & Franz
101 E. Chesapeake Ave. - 5th Floor
Towson, Maryland 21286

REAL ESTATE AUCTION

-WAVERLY-
COMMERCIAL BUILDING


Currently Leased To
ACE CASH EXPRESS




Sale On Premises
3046 GREENMOUNT AVE.
At E. 31st St.
Baltimore, MD 21218

FRIDAY, APRIL 29, 2005
AT 11:00 A.M.


LOCATION MAP

BLOCK PLAT

       One story masonry in-line storefront building is believed to contain approximately 840 square feet, lot size 16' x 64' m/l, subject to an annual $120 ground rent. Ace Cash Express, a national corporation, currently occupies the property (or a portion thereof) under a lease expiring April 30, 2005. Ace has indicated that it wants to renew the lease at $726.15 per month.

       TERMS OF SALE: A $5,000 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer's office. Balance to be paid in cash within 30 days. If payment of the balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. All adjustments, including taxes, rents, all other public charges and assessments payable on an annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of settlement and assumed thereafter by the purchaser. The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of sale forward. 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. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs and transfer taxes to be paid by the purchaser. Time is of the essence.

Broker participation is invited:
BROKER REGISTRATION FORM

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