James L. Rouse, Solicitor
2516 N. Charles St., 21218
3 STORY TOWNHOME
Sale On Premises
3016 WALBROOK AVE.
Off 2100 N. Rosedale St.
BALTO. CITY, MD 21216
TUESDAY, JAN. 29, 2008
AT 10:30 A.M.
For directions from your location, visit: MAPQUEST
By virtue of a Decree of the Circuit Court for Baltimore City passed in the matter of Barbara Richardson, Personal Representative of the Estate of Blanche Richardson vs. Lewis Mitchell, et al (Decree for Sale of Mortgaged Premises), Case No. 24-0-07-002893, the undersigned Trustee will sell at Public Auction, on the premises, the following:
All that leasehold lot of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland, and described in a Land Installment Contract recorded among the Land Records of Baltimore City in Liber 1710, Page 516.
The property is improved by a 3 story covered porchfront brick townhome believed to contain 7 rooms (4 bedrooms) and bath; basement. Lot size: 25' x 120', more or less. Subject to an annual $96 ground rent.
TERMS OF SALE: A $4,000 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 Trustee. 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 10% per annum, 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. 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 or Auctioneer. Cost of all recordation and transfer taxes to be paid by the purchaser. Time shall be of the essence for the purchaser.
James L. Rouse, Trustee