Rogers, Moore & Rogers, LLP, Solicitors
6 S. Calvert Street
Baltimore, Maryland 21202
2 STORY VINYL & BRICK
Sale On Premises
1562 SAINT MARGARETS ROAD
Anne Arundel County, Maryland 21409
TUESDAY, OCTOBER 23, 2012
AT 11:00 A.M.
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Under and by virtue of the power of sale contained in a certain Deed of Trust from James Allen Lowry to William C. Rogers, Jr and W. Charles Rogers, III, Trustees dated December 26, 2003, and recorded among the Land Records of Anne Arundel County, Md., in Liber 14315 Folio 408, with a confirmatory Deed of Trust dated January 19, 2006, and recorded among the Land Records of Anne Arundel County, in Liber 17442 Folio 335, default having occurred thereunder, the undersigned Trustees will sell at Public Auction the following:
All that fee simple parcel of ground situate and lying in Anne Arundel County, and being more fully described in the aforementioned Deed of Trust.
The property is improved by a two story Colonial home containing living room, dining room, kitchen, family room and powder room on the first floor; 4 bedrooms and 2 baths on the second floor; basement with recreation room, bedroom and bath. Screened-in Gazebo, fence and shed. 2 car garage. Lot size: 2.1 acres, more or less.
The information pertaining to the improvements has been obtained from sources deemed reliable, but no warranty is being made either express or implied as to the accuracy of this information.
TERMS OF SALE: A deposit by certified check or cashier's check of $20,000 will be required of the purchaser at time and place of sale. Deposit to be increased to 10% of the purchase price within 24 hours at the offices of the Auctioneer. 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 Anne Arundel County at the offices of the 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 Deed of Trust Note 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 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. If the 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 Trustees, Noteholder, or Auctioneer. Cost of all documentary stamps and transfer taxes and all other costs incident to settlement to be paid by the purchaser. Time shall be of the essence for the purchaser. Risk of loss on the purchaser from date of sale.
William C. Rogers, Jr.
W. Charles Rogers, III, Trustees