Richard B. Stofberg, LLC, Attorney
Sun Life Building, Suite 318
20 S. Charles Street
Baltimore, MD 21201

ESTATE AUCTION

Belair-Edison

PORCHFRONT TOWNHOME



Sale On Premises
3323 LYNDALE AVENUE
Off 2200 Belair Road
Baltimore, MD 21213

TUESDAY, JUNE 28, 2005
AT 11:00 A.M.


LOCATION MAP

       Two story covered porchfront brick inside-group townhome, contains living room, eat-in kitchen, 3 bedrooms and bath; basement with outside exit and laundry area; gas forced hot air heat; 100 ampere electrical service; gas water heater. Lot size 16' x 79', more or less. Annual $84 ground rent. The home needs remodeling.

       TERMS OF SALE: A $2,500 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 45 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. 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, including taxes, ground rent, 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 sale 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. The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. 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.

Richard B. Stofberg, P.R. of the
Estate of Rose P. Smith

No Buyer's Premium