Terry K. Sullivan Attorney
Holloway and Sullivan, LLC
10 N. Calvert St. - Suite 542
Baltimore, MD 21202

ATTORNEY-IN-FACT SALE
AT PUBLIC AUCTION


HYATTSVILLE
“West Lanham Hills”

BUNGALOW
In Need of Repairs



Sale On Premises
7712 FREDERICK ROAD
Prince Georges County, MD 20784

WEDNESDAY, JANUARY 4, 2006
AT 2:00 P.M.


LOCATION MAP

       The property is situated off 77th Avenue, one block south of MD-450 and one block east of MD-410. Shingle sided home contains: living room, kitchen, 2 bedrooms and bath; drop stair attic; replacement windows. Lot size: 0.18 acre, more or less. In fee simple.

       TERMS OF SALE: Deposit payable by certified 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 defaulting 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. 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. Purchaser assumes risk of loss from the date of sale forward. The purchaser waives and releases the Attorney-in-Fact, Owner, 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 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 Auctioneer. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Cost of all recordation and transfer taxes to be paid by the purchaser. TIME IS OF THE ESSENCE. NO BUYERS PREMIUM!

Terry K. Sullivan, Attorney-In-Fact for Mary Szentes