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MORTGAGE ASSIGNEES' SALE OF VALUABLE LEASEHOLD INTEREST IN REAL PROPERTY IN "MONDAWMIN"
2231 N. Monroe St., Baltimore, MD 21217
Auction to be held at: The steps of the Clarence M. Mitchell Courthouse, Circuit Court for Baltimore City, Maryland, 100 N. Calvert Street, Baltimore, Maryland 21202
BEGINNING FOR THE SAME on the southeast corner of Elgin Avenue 66 feet wide and Monroe Street 66 feet wide and binding on the southeast side of Monroe Street the two following courses and distances, viz: first south 42 degrees 55 minutes 46 seconds east 89.08 feet and second along a curve to the right with a radius of 266 feet for a distance of 30.93 feet to the end of the second line of the first described parcel of land in a Deed from Henry Morton and wife to Viola M. Carter, dated June 9, 1950 and recorded among the Land Records of Baltimore City in Liber MLP No. 8118 folio 584, being at the southeast side of a former 15 foot alley, now closed thence running for a line of division 47 degrees 25 minutes 14 seconds east, 55.82 feet to the southwest side of an alley 20 feet wide, thence running and binding on the southwest side of said 20 foot alley, north 42 degrees 56 minutes 46 seconds west, 120 feet to the southeast side of Elgin Avenue, and thence running and binding on the southwest side of Elgin Avenue, south 47 degrees 25 minutes 14 seconds west 54 feet to the place of beginning. This description is in accordance with a survey made by George A. Stephens, Jr. and Associates, Registered Land Surveyors, dated May 13, 1958.
Property ID # 15-17-3227-061
Property ID # 15-17-3227-061
Summary terms of sale: A deposit in the amount of Fifteen Thousand Dollars ($15,000.00), payable in cash, certified check, or other form acceptable to the Assignees, in their sole and absolute discretion, will be required of the purchaser(s) at the time and place of sale. The balance of the purchase price shall be due in cash or by certified check with interest on the unpaid balance of the purchase price at the rate of ten percent (10%) per annum from the date of sale to and including the date of settlement. In the event the Noteholder, or an affiliate thereof, is the successful bidder at the sale, such party will not be required to make a deposit or to pay interest on the unpaid purchase money. Taxes, water rent, ground rent, if any, and all other municipal charges and liens owed against the Property shall be the responsibility of the purchaser(s) and shall be paid by the purchaser(s) at settlement. In addition, all other charges, expenses and liens owed against the Property including, but not limited to, all condominium fees and expenses and public charges and assessments owed against the Property and payable on an annual basis, such as sanitary and/or metropolitan district charges, if any, shall also be the responsibility of the purchaser(s) and shall be paid by the purchaser(s) at settlement. The cost of all documentary stamps, recordation taxes, document preparation and transfer taxes is to be paid by the purchaser(s). The Assignees reserve the right to reject any and all bids, and to extend the time for settlement, if applicable.
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Note: The information contained herein was obtained from sources deemed reliable, but is offered for informational purposes only. The Auctioneer, the Sellers, and their respective agents and representatives do not make any representations or warranties with respect to the accuracy of the information contained herein. Prospective purchasers are urged to make their own inspection.
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