Leonard J. Grossman, Solicitor
Goodman, Meagher & Enoch
111 N. Charles Street, 7th Floor
Baltimore, MD 21201



Arranged for 2 Apartments

Sale On Premises

Near Perring Parkway
Baltimore County, MD 21234

AT 11:00 A.M.


       Under and by virtue of the power of sale contained in a certain Deed of Trust from Johannes W. Van Der Spek to Leonard J. Grossman, Trustee, dated December 30, 1999, and recorded among the Land Records of Baltimore County, Maryland, in Liber 14271, folio 479, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Trustee will sell at Public Auction, on the premises, the following:

       All those fee simple lot of ground and the improvements thereon, situate and lying in Baltimore County, State of Maryland and being more fully described in the above-referenced Deed of Trust.

      The property is improved by a one and one-half story stone home with slate roof. The property is believed to contain a living room, kitchen, bedroom and bath on the lower level; and living room, dining room, kitchen, 3 bedrooms and bath, on the upper levels; oil hot water heat; brick fireplace; lot size 103' x 130', more or less.

       TERMS OF SALE: A $10,000 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 Auctioneers's office. The holder of the indebtedness, if a bidder at the sale, shall not be required to post a deposit. Balance to be paid in cash at settlement, which shall take place within ten (10) business days following final ratification of the sale by the Circuit Court for Baltimore County at the offices of the Trustee. 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 stated in the foreclosed Deed of Trust Note, from date of sale to date of settlement. All adjustments as of date of sale. 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; and subject to existing zoning and permitted uses thereunder. Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of sale forward. The purchaser waives and releases the Trustee, the holder of the indebtedness, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Trustee 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 Trustee, holder of the indebtedness or Auctioneers. Recordation costs, transfer taxes and all other costs incident to settlement to be paid by the purchaser. Time shall be of the essence for the purchaser.

Leonard J. Grossman, Trustee