David H. Cohen, Solicitor
Cohen and Forman, LLC
334 St. Paul Place
Baltimore, MD 21202

SUBSTITUTE TRUSTEE'S AUCTION

3 - BALTIMORE CITY TOWNHOMES

Sales On Respective Premises
THURSDAY, FEBRUARY 15, 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 Grantors listed below to the Trustee(s) therein, dated and recorded as stated among the Land Records of Baltimore City, Maryland, the holders of the indebtedness secured thereby having appointed David H. Cohen to act as Substitute Trustee, in place and stead of the aforementioned Trustee(s), by instruments duly executed, acknowledged and recorded among the Land Records aforesaid, default having occurred under the terms thereof and at the request of the parties secured thereby, the undersigned Substitute Trustee will sell at Public Auction, on the premises, the following:

       All those leasehold lots of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the Deeds of Trust or Mortgages, recorded among the Land Records of Baltimore City, Maryland, as referenced below:

AT 11:00 A.M.
2569 KIRK AVENUE

Off 800 Exeter Hall Avenue 21218
"Coldstream-Homestead-Montebello"
Photos of auction property
FRONT VIEW      STREET SCENE

       Grantor - Rosetta Washington; Deed of Trust dated April 1, 1998, recorded in Liber 7223, page 311; lot size 15'4" x 105'6", more or less; subject to an annual $90 ground rent. The improvements are believed to comprise a two story porchfront brick townhome, believed to contain a living room, dining room, kitchen, 3 bedrooms, bath and basement.

AT 11:30 A.M.
1738 N. CHESTER STREET

Off 2000 E. Lanvale Street 21213
"Broadway East"
Photo of

       Grantor - Kelly Talbert; Deed of Trust dated February 11, 1999, recorded in Liber 8205, page 259; lot size 13'4" x 70', more or less; subject to an annual $40 ground rent. The improvements are believed to comprise a two story formstone front brick townhome, believed to contain a living room, dining room, kitchen, 3 bedrooms, bath and basement.

AT 12:15 P.M.
1859 RAMSAY STREET

Off 400 S. Monroe Street 21223
"Carrollton Ridge"
Photo of

       Grantor - John C. Kozak; Deed of Trust dated March 27, 2000, recorded in Liber 0254, page 282; lot size 12'6" x 77'3", more or less; subject to an annual $42 ground rent. The improvements are believed to comprise a two story brick townhome, believed to contain a living room, dining room, kitchen, 2-3 bedrooms, bath and basement.

TERMS OF SALE

       A $2,000 deposit on each property, 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 Cohen and Forman, LLC. 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 above-referenced foreclosed Deed of Trust or the Mortgage rate, 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 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 Substitute 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 Substitute Trustee, the holder of the indebtedness or Auctioneers. Recordation costs, transfer taxes and all other costs incidental to settlement, including a $250 document review fee to Cohen and Forman, LLC, to be paid by the purchaser. Time shall be of the essence for the purchaser. No buyer's premium.

David H. Cohen, Substitute Trustee