MOORE, CARNEY, RYAN & LATTANZI, LLC
4111 E. Joppa Road, Suite 201
Baltimore, MD 21236
TWO STORY HOME
Sale On Premises
2313 CALVARY ROAD
(MD-136) Off Creswell Road (MD-543)
Harford County, MD 21015
TUESDAY, MAY 8, 2012
AT 11:00 A.M.
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Under and by virtue of the power of sale contained in two Deeds of Trust from Craig Soltis and Kelly Soltis to the Trustees therein, dated August 7, 2001 and recorded among the Land Records of Harford County, Maryland, in Liber 3632, folio 0186 and dated August 7, 2001, recorded among the Land Records aforesaid in Liber 3632, folio 201, the holder of the indebtedness secured thereby having appointed Richard E. Lattanzi, Lisa M.L. Eisemann and Kristin H. Williams 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, on the premises, the following:
All that fee simple lot of ground and the improvements thereon, situate and lying in Harford County, State of Maryland and being more fully described in the above-referenced Deed of Trust, comprising 0.57 acre of land.
The property is improved by a circa 1950 two story brick and siding home believed to contain a living room, dining room, kitchen, 2 bedrooms, bath and basement; oil hot water baseboard heat. The property is believed to have a private well and septic.
NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.
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 twenty-four (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 Harford County 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 of 7% 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 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. Recordation costs, transfer taxes and all other costs incident to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law. Time shall be of the essence for the purchaser. No buyer's premium.
Authority to cancel this sale rests solely with the Substitute Trustees and/or the Auctioneer. Prospective buyers should disregard all other statements and comments made by any other person or entity regarding minimum bids, pricing and cancellations of the sale. Additional terms may be announced at the time of sale. The Substitute Trustees reserve: (1) the right to accept or reject any or all bids; (2) the right to modify or waive the requirements for bidders' deposits and terms of sale and/or settlement; (3) the right to withdraw the Property from the sale before acceptance of the final bid; and (4) the right to cancel or postpone the sale.
Richard E. Lattanzi, Lisa M. L. Eisemann
and Kristin H. Williams, Substitute Trustees
Online pre-registration is now closed. Please register with the Auctioneer at the auction site.