Cohen & Forman, LLC, Solicitors
334 St. Paul St. 21202

SUBSTITUTE TRUSTEES' SALE

SHELL TOWNHOME
Known As
2920 RIDGEWOOD AVE., 21215


Photos of auction property
FRONT VIEW      AERIAL VIEW

SALE TO BE HELD:
Clarence M. Mitchell, Jr.

COURT HOUSE
(ST. PAUL ST. ENTRANCE)
MAPQUEST DIRECTIONS

WED., MARCH 21, 2007
AT 1:30 P.M.


       "Lewin", off 4400 Reisterstown Rd.: Under and by virtue of the power of sale contained in a certain Deed of Trust from Jeffrey Gerber to Robert W. Howard, Trustee, dated June 26, 1998, and recorded among the Land Records of Baltimore City, Maryland, in Liber FMC 8296, Page 316, the holder of the indebtedness secured thereby having appointed Geoffrey L. Forman, David H. Cohen and W. Scott Tinney, IV, to act as Substitute Trustees, in place and stead of the aforementioned Trustees, 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, at the Court House, the following:

       All that leasehold lot of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and described as follows: 2 story covered porchfront brick townhome, believed to contain 6 rooms (3 bedrooms and bath). Lot size: 18' x 100', more or less. Subject to an annual $90 ground rent.

       LOCATION MAP

       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 is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers. 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 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 stated in the foreclosed Deed of Trust Note, from date of sale to date of settlement. All adjustments as of date of sale. Taxes, ground rent (if any) 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, Noteholder or Auctioneer. Cost of all recordation and transfer taxes to be paid by the purchaser. Time shall be of the essence for the purchaser.

Geoffrey L. Forman, David H. Cohen,
& W. Scott Tinney, IV, Substitute Trustees