Deborah C. Dopkin, Solicitor
409 Washington Ave. - Suite 1000
Towson, Maryland 21204
AT ABSOLUTE AUCTION
To The Highest Bidder!
Sale On Premises
11121 PFEFFERS ROAD
Off 8100 Bradshaw Road
BALTIMORE CO., MD 21087
FRIDAY, MARCH 11, 2011
AT 11:00 A.M.
For directions from your location, visit: maps.google.com
Pursuant to an order in the Circuit Court for Baltimore County passed in the matter of DeWayne Jacob Rye, Plaintiff vs. Annette J. Chadwell, et al. Defendants, (Order Directing Partition Sale) Case No. 03-C-08-005653SL, the undersigned Trustee will sell at Public Auction, on the premises, the following:
All that fee simple lot of ground and the improvements thereon, situate and lying in Baltimore County, State of Maryland, and being more fully described in a Deed recorded among the Land Records of Baltimore County, in Liber 12133, Page 231.
The property borders I-95 and is improved by an aluminum sided modular home with 2 additions reportedly contains a living room, dining room, kitchen, family room, 4 bedrooms and 2 baths; in-law addition with living room, kitchen, bedroom and bath; front and rear decks. Detached 3-bay concrete block truck garage building (65' x 40'). 2 - storage sheds. Lot size: 31.34 acres, more or less. Zoned RC-5, resource conservation.
TERMS OF SALE: A $7,500 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 72 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 County at the offices of the Trustee. 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 of 12% per annum, from date of sale to date of settlement. All adjustments as of date of sale. Taxes 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 existing zoning and 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 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 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 Trustee, the holder of the indebtedness or Auctioneers. Recordation costs, transfer taxes and all other costs incident to settlement, including a $300 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.
Deborah C. Dopkin, Trustee