Holderness, Menchel & Alter, LLC, Solicitors
1029 N. Calvert Street
Baltimore, MD 21202

SUBSTITUTE TRUSTEES' AUCTIONS

5 - BALTIMORE CITY TOWNHOMES

Sales On Respective Premises
MONDAY, JUNE 18, 2007
At The Following Times

LOCATION MAP (for all properties)

       Under and by virtue of the power of sale contained in certain Deeds of Trust from the below named Borrowers to the Trustee(s) therein, dated and recorded among the Land Records of Baltimore City as noted, the holders of the indebtedness secured thereby having appointed James W. Holderness, Daniel Menchel and/or Laurie A. Neary to act as Substitute Trustees, in place and stead of the aforementioned Trustee(s), by instrument duly executed, acknowledged and recorded among the Land Records aforesaid, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Substitute Trustees will sell at Public Auction, on the premises, the following:

       All those leasehold and fee simple lots of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the below-referenced Deeds of Trust.


CANCELED
AT 11:00 A.M.

337 FURROW STREET
Off 2100 McHenry Street
"Carrollton Ridge" 21223

       Grantor - Charles G. Ellis, IV; Deed of Trust dated May 11, 2005, recorded in Liber 6613 Folio 881; subject to an annual $36 ground rent; lot size 12' x 66', more or less. The improvements are believed to comprise a two story formstone front inside-group brick townhome, containing a living room, kitchen, 3 bedrooms, bath and basement. Deposit $2,000.


CANCELED
AT 11:30 A.M.

15 N. MONROE STREET
Off 1800 W. Fayette Avenue
"Franklin Square" 21223

       Borrower - Gerald L. Jones; Deed of Trust dated January 14, 1998, recorded in Liber 6928, folio 347; subject to an annual $90 ground rent; lot size 13' x 75', more or less. The improvements are believed to comprise a two story brick townhome, containing a living room, dining room, kitchen, 3 bedrooms, bath and basement. Deposit $2,000.


AT 12:15 P.M.
1742 HOMESTEAD STREET
Off 2600 Harford Road
"Coldstream-Homestead-Montebello" 21218
Photos of auction property
FRONT VIEW      STREET SCENE      AERIAL VIEW

       Borrower - Loretta M. Dunn; Deed of Trust dated October 6, 1993, recorded in Liber 3936, folio 389; subject to an annual $90 ground rent; lot size 14' x 90', more or less. The improvements are believed to comprise a two story brick townhome, containing a living room, dining room, kitchen, 3 bedrooms, bath and basement. Deposit $2,000.


AT 12:45 P.M.
4 N. BRADFORD STREET
Off 2300 E. Baltimore Street
"Patterson Place" 21224
Photos of auction property
FRONT VIEW      STREET SCENE      AERIAL VIEW

       Borrower - Brynn R. Jones; Deed of Trust dated November 13, 1996, recorded in Liber 6062, folio 196; in fee simple; lot size 14' x 58', more or less. The improvements are believed to comprise a two story brick inside-group townhome, containing a living room, kitchen, 2 bedrooms, bath and basement. Deposit $3,000.


AT 1:15 P.M.
3009 O'DONNELL STREET
Off 1100 S. Potomac Street
"Canton" 21224
Photos of auction property
FRONT VIEW      STREET SCENE      AERIAL VIEW

       Borrower - Elena V. Chtchentinseva; Deed of Trust dated August 18, 2006, recorded in Liber 8467, folio 737; in fee simple; lot size 14' x 75', more or less. The improvements are believed to comprise a large two story shell townhome. Deposit $5,000.

       TERMS OF SALE: Deposits as stated above, 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. 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 City at the offices of the Substitute Trustees. 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 Note executed in connection with the foreclosed Deed of Trust, from date of sale to date of settlement. All adjustments as of date of sale. Taxes, ground rent 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 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 Substitute Trustees, 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 Substitute Trustees are 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 Substitute Trustees, the holder of the indebtedness or Auctioneers. Recordation costs, transfer taxes and all other costs incident to settlement, including a $295 document review fee by the Seller's attorney, to be paid by the purchaser. Time shall be of the essence for the purchaser.

No Buyers Premium

James W. Holderness, Daniel Menchel, and/or
Laurie A. Neary, Substitute Trustees