COMPANY LIQUIDATION
AT PUBLIC AUCTION


5 - BALTIMORE CITY
BRICK TOWNHOMES


"Baltimore Highlands/Claremont"
"Barclay"


Sales On Premises
TUES., AUG. 8, 2006
At The Following Times

Photos of auction property
FRONT VIEW      AERIAL PHOTO

AT 1:30 P.M.:
3629 Pulaski Highway

       Located off 100 block of N. Conkling St., 21224. Two story covered porchfront containing living room, dining room, kitchen, 3 bedrooms, bath and powder room. Full basement. Updates include wiring, heating, etc. Gas heat. Fish pond and parking pad. Lot size: 15' x 107', more or less. Subject to an annual $180 ground rent.

LOCATION MAP


Photos of auction property
FRONT VIEW      AERIAL PHOTO

AT 1:50 P.M.:
3624 Esther Place

       Located off 100 N. Conkling St., 21224 Two story covered porchfront buff brick townhome containing 5 rooms and bath. Basement. Gas heat. Lot size: 15' x 80', more or less. Subject to an annual $180 ground rent.

LOCATION MAP


Photos of auction property
FRONT VIEW      AERIAL PHOTO

AT 2:15 P.M.:
3409 Leverton Avenue

       Located off the unit block of S. Highland Ave., 21224 Two story flat front townhome containing 5 rooms and bath. Basement. Gas heat. Lot size: 13' x 46', more or less. Subject to an annual $180 ground rent.

LOCATION MAP


Photos of auction property
FRONT VIEW      AERIAL PHOTO

AT 2:30 P.M.:
3711 Centre Place

       Located off the 100 block of S. Dean St., 21224 Two story brick townhome containing 5 rooms and bath. Basement. Lot size: 12' x 48', more or less. Subject to an annual $180 ground rent.

LOCATION MAP

BLOCK PLAT


Photos of auction property
FRONT VIEW      AERIAL PHOTO

AT 3:15 P.M.:
309 E. 25th Street

       Located off 2400 Guilford Ave., 21218. Three story covered porchfront townhome. Lot size: 16' x 90', more or less. Subject to an annual $180 ground rent. The property is in poor condition and needs extensive renovation.

LOCATION MAP


LOCATION MAP & DIRECTIONS
(for all properties)



TERMS OF SALE

       A deposit by certified check or cashier's check of $5,000 on each property 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, without express or implied warranty as to the nature and description of the improvements as contained herein. 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, transfer taxes and other costs incident to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE.

No Buyer's Premium.