Arthur L. Drager, Attorney
Law Office of Arthur L. Drager, LLC
10 N. Calvert Street - Suite 620
Baltimore, MD 21202

GUARDIAN'S SALE

- PARKTON -
RESIDENTIAL LOT
2.92 ± Acres Zoned R.C. 2

Sale On Premises
WEST LIBERTY ROAD
Adjacent to 21305 W. Liberty Rd.,
North of Harris Mill Rd.
BALTIMORE CO., MD 21120

TUESDAY, SEPTEMBER 20, 2005
AT 11:00 A.M.


LOCATION:

Parkton is located in Baltimore County, approximately 28 miles north of Downtown Baltimore and approximately 5 miles south of the Maryland-Pennsylvania border. Gunpowder Falls State Park is located nearby.

For additional information about Parkton, MD (based on 2000 Census Information), visit:
http://www.epodunk.com/cgi-bin/genInfo.php?locIndex=2723

Directions: I-83 to Md-439 Exit 36 toward Maryland Line/Belair. Turn left on Old York Rd (Md. 439) 1 mile to Bond Rd. Turn left on Bond Rd. 2.1 miles to West Liberty Rd. Proceed to property on the right.

LOCATION MAP

SITE:

Irregular parcel of ground, known as Parcel 2, District 7, Account No.0719007291, on State Tax Map 8. The property fronts 422 feet on West Liberty Rd. For full legal description, see Deed dated December 2, 1987 and recorded among the Land Records of Baltimore County in Liber 7768 Page 240.

TAX MAP

Computer generated plat (based on the Deed description)

ZONING:

R.C. 2, residential

ZONING MAP

See the Baltimore County Zoning Ordinance for specific requirements.
http://www.co.ba.md.us/Directory/ConstructionAndLandUse/
Directory_Construction_Zoning


Prospective purchasers are encouraged to perform their own due diligence regarding the permitted uses, allowable density and the requirements to develop the site.

ANNUAL REAL
ESTATE TAXES:


2005-06: $885.60

TITLE:

In fee simple. The property will be sold free and clear of liens.

TERMS OF SALE:

A deposit by certified check or cashier's check of $10,000 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. The purchaser waives and releases the Guardian, the Seller, 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 future relating to the condition of the property, including but not limited to the environmental condition thereof. 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.

NO BUYER'S PREMIUM.

Arthur L. Drager, Guardian for Francis J. Poniatowski