Upcoming Auctions

Summary terms of sale:  This advertisement, as amended or supplemented by any oral announcements during the conduct of the sale, constitutes the entire terms upon which the Property shall be offered for sale, sold or purchased. A deposit in the amount of $30,000 shall be required at the time and place of sale, payable by cashier's check drawn on a bank acceptable to the Substitute Trustees, in their discretion. The deposit must be increased to 10% of the purchase price within 2 business days following the sale, in the form of certified check or cashier's check, at the auctioneer's office. Balance due in cash, certified or cashier's check within ten (10) days following final ratification of the sale by the Circuit Court for Baltimore City, Maryland, unless said period is extended by the Substitute Trustees, their successors and assigns, at their discretion. Settlement shall be held in the offices of the Substitute Trustees, as follows: Gordon, Feinblatt, Rothman, Hoffberger & Hollander, LLC, The Garrett Building, 233 East Redwood Street, Baltimore, Maryland 21202-3332. Interest to be paid on the unpaid purchase money by the purchaser at the rate of 6.7% per annum from date of sale to date of settlement. The party secured by the Deed of Trust (the "Secured Party") or any affiliate or subsidiary thereof, or an entity under common control with the Secured Party, if a bidder, shall not be required to post a deposit or to pay interest on the unpaid purchase money. All taxes, including, but not limited to, real estate and personal property taxes, shall be the responsibility of the purchaser from the date of sale and shall be adjusted at settlement. All water and sewer charges, and all other public charges and assessments against the Property payable on an annual basis, including sanitary and/or metropolitan district charges, if any, shall be adjusted as of the date of sale and shall be the responsibility of the purchaser thereafter. All applicable recordation, sales, transfer and agricultural land transfer taxes shall be paid by the purchaser. The purchaser (other than the Secured Party) shall be required to sign a contract including this ad and other terms. Time is of the essence.