Law Offices of
James W. Holderness, Solicitors
1029 N. Calvert Street, 2nd Floor
Baltimore, MD 21202

SUBSTITUTE TRUSTEES' AUCTION

4 - BALTIMORE CITY TOWNHOMES

Sales On Respective Premises
TUESDAY, FEBRUARY 13, 2007
At The Following Times

LOCATION MAP (for all properties)

       Under and by virtue of the powers of sale contained in certain Deeds of Trust from the below names Grantor(s) to the Trustee(s) therein, dated and recorded as noted among the Land Records of Baltimore City, Maryland, the holders of the indebtedness secured thereby having appointed James W. Holderness and Laurie A. Neary to act as Substitute Trustees, 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 Trustees 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 be more fully described in the below referenced Deeds of Trust:

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AT 10:30 A.M.
1847 McHENRY STREET
Off 300 S. Fulton Avenue
"Carrollton Ridge" 21223

       Grantor - Kristal Boulware; Deed of Trust dated October 21, 1997, recorded in Liber 6771, Folio 097. The improvements are believed to comprise a a three story inside-group brick townhome, containing a living room, dining room, kitchen, 3-4 bedrooms, bath and basement; lot size 14'5" x 90', more or less; subject to an annual $49 ground rent.



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AT 11:10 A.M.
3450 REISTERSTOWN ROAD
Near Park Heights Avenue
"Park Circle" 21215

       Grantor - John G. Mavris; Deed of Trust dated June 21, 1999, recorded in Liber 8767, Folio 214. The improvements are believed to comprise a two story porchfront brick townhome, containing 6 rooms (3 bedrooms), bath and basement; lot size 21'8" x 100', more or less; subject to an annual $96 ground rent.



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AT 11:30 A.M.
2608 VIOLET AVENUE
Off 3600 Park Heights Avenue
"Park Circle" 21215

       Grantor - Rosie Vaughn; Deed of Trust dated November 30, 1999, recorded in Liber 9113, Folio 439. The improvements are believed to comprise a two story porchfront brick townhome, containing 6 rooms (3 bedrooms), bath and basement; lot size 14'6" x 90', more or less; subject to an annual $90 ground rent.



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AT 12:10 P.M.
713 E. 21st STREET
Off 2100 Homewood Avenue
"East Baltimore Midway" 21218

       Grantor - Brenda J. Baskerville; Deed of Trust dated September 2, 1994, recorded in Liber 4459, Folio 467. The improvements are believed to comprise a three story brick townhome, containing 7 rooms (4 bedrooms), bath and basement; lot size 14'10" x 90', more or less; subject to an annual $120 ground rent.


TERMS OF SALE

       A $2,000 deposit, 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 Law Offices of James W. Holderness. 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 Notes executed in connection with the foreclosed Deeds 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 to be paid by the purchaser. Purchaser agrees to pay the seller's attorney $295 at settlement, for review of the settlement documents. Time shall be of the essence for the purchaser.

No Buyers Premium

James W. Holderness and
Laurie A. Neary, Substitute Trustees