Sale to be held on the premises

ALL THOSE FEE-SIMPLE LOTS OF GROUND AND THE IMPROVEMENTS THEREON situated in Baltimore City, MD and more fully described in a Mortgage dated January 7, 2005 and recorded in Liber 6340, folio 1465 among the Land Records of Baltimore City, MD. Tax ID #27-02-5810-001 and #27-02-5810-003. The property is a 0.56 acre commercial site. 4803 Harford Rd. is zoned B-3-2 and 4809 Harford Rd. is zoned Y-01.

The property and improvements, if any, will be sold in an "AS IS" condition and subject to conditions, restrictions, existing building and/or environmental violations, agreements of record affecting the same, if any, and with no warranty either expressed or implied as to the description of the condition of the property or improvements.

Summary terms of sale:  A deposit of $25,000 will be required at time of sale, such deposit to be in cash, certified check, or in other form as the Trustees may determine acceptable, in their sole discretion. The Balance of the purchase price is to be paid in immediately available funds, within ten (10) business days after the final ratification of sale by the Circuit Court for Baltimore City. If payment of the balance does not take place within ten (10) business days after ratification, the deposit will be forfeited and the property will be resold at the risk and expense of the defaulting purchaser. The defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the property. In the event the property is purchased by someone other than the mortgage holder or an affiliate, interest shall be paid on the unpaid purchase money at the rate of the mortgage note from date of sale to the date funds are received in the office of the Trustees. In the event the settlement is delayed for any reason and the property is purchased by someone other than the mortgage holder or an affiliate, there shall be no abatement of interest caused by the delay. Taxes, water, sewer, ground rent, condominium fees, and/or homeowners association dues, if applicable, to be adjusted to the date of sale and assumed thereafter by the purchaser. All other public charges and assessments payable on an annual basis, including sanitary and/or metropolitan district charges are to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. Cost of all documentary stamps, recordation taxes and transfer taxes shall be borne by the purchaser.