Jane P. Sopher, Solicitor
PO Box 253
Stevenson, Md. 21153
SUBSTITUTE TRUSTEE'S SALE
ATTRACTIVE TWO STORY
Sale On Premises
1151 W. CROSS STREET
Baltimore, MD 21230
TUESDAY, MAY 10, 2011
AT 11:00 A.M.
For directions from your location, visit: maps.google.com
Under and by virtue of the power of sale contained in a certain Deed of Trust from Walter Patten to Trustees, dated June 11, 2008, and recorded among the Land Records of Baltimore City, Md., in Liber 11399 Folio 461, the holder of the indebtedness secured thereby having appointed Jane P. Sopher, as Substitute Trustee, default having occurred thereunder, the undersigned Substitute Trustee will sell at Public Auction the following:
All that fee simple parcel of ground situate and lying in Baltimore City, Maryland and being more fully described in the aforementioned Deed of Trust.
The property is improved by a two story brick townhome which was totally rehabbed 3 years ago. First floor has open floor plan with living room and dining room/kitchen. Two bedrooms and bath on the 2nd floor. Full finished basement with powder room. Central air and gas heat. Fenced rear yard. Lot size: 12' x 86', more or less.
The information pertaining to the improvements has been obtained from sources deemed reliable, but no warranty is being made as to the accuracy of this information.
TERMS OF SALE: A deposit by certified check or cashier's check of $7,500 shall 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 Baltimore City at the offices of the Substitute 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 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. If the Substitute 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 Substitute Trustee, Noteholder, or Auctioneer. Cost of all documentary stamps, transfer taxes, and all other costs incident to settlement to be paid by purchaser. Time shall be of the essence for the purchaser. Risk of loss on the purchaser from date of sale.
No Buyer's Premium
Jane P. Sopher, Substitute Trustee