1614 W Lexington St Baltimore, MD
O'Connor, Hammel & Butler, Attorneys at Law
100 West Road, - Suite 215
Towson, Maryland 21204
Substitute Trustees' Sale Of Valuable
Fee Simple Property Known As
1614 W. Lexington Street, Baltimore, MD 21223
Under and by virtue of the power of sale contained in a certain Deed of Trust from Elk River Properties, LLC to Phillip E. Logan and Charles E. Wagner, Jr., Trustees, dated September 25, 2009 and recorded among the Land Records of Baltimore City in Liber FMC No. 12071, folio 79, the holder of the indebtedness secured by this Deed of Trust having appointed James D. O'Connor and/or Ellyn S. Butler, Substitute Trustees, by instrument duly recorded among the aforesaid Land Records, default having occurred under the terms thereof (Case No. 24-O-17-000800), and at the request of the party secured thereby, the undersigned Substitute Trustees will offer for sale at public auction AT THE PREMISES located at 1614 W. LEXINGTON STREET, BALTIMORE, MD 21223 ON,
Wednesday, August 2, 2017 at 11:00 a.m.
ALL THAT FEE SIMPLE LOT OF GROUND AND IMPROVEMENTS, situated in Baltimore City, MD and more fully described in the aforesaid Deed of Trust. Tax ID #19-04-0165-048.
The property is believed to be improved by a 3-story brick townhouse with 4 bedrooms, 1 bath, porch, patio and fenced yard.
The property will be sold in an "AS IS" condition without either express or implied warranty or representation, including but not limited to the description, fitness for a particular purpose or use, structural integrity, physical condition, availability of utilities, flood hazard, lead paint violations, construction, extent of construction, workmanship, materials, liability, zoning, subdivision, environmental condition, merchantability, compliance with building or housing codes or other laws, ordinances or regulations or other similar matters, and subject to easements, agreements and restrictions of record, and to any rights of tenants in possession which affect the same, if any.
TERMS OF SALE: A deposit of $4,000.00 payable in cash, certified check or by a cashier's check will be required from purchaser at time of sale, balance in cash upon final ratification of sale by the Circuit Court of Baltimore City, interest to be paid at the rate of 7.5% on unpaid purchase money from date of sale to date funds are received in the office of the Substitute Trustee(s). The secured party herein, if the purchaser, shall not be required to post a deposit or pay interest. The purchaser will be required to complete settlement of the purchase within TEN (10) DAYS of the ratification of the sale by the Court. In the event that the purchaser fails to go to settlement as required, the aforementioned deposit shall be forfeited and the property will be resold at the risk and expense of the purchaser. Taxes and water rent, if any, to be adjusted to date of sale. All other public charges and assessments payable on an annual basis, including sanitary and/or metropolitan district charges to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. Cost of all documentary stamps, recordation and transfer taxes shall be borne by the purchaser. Physical possession of the property shall be the responsibility of the purchaser. If the Substitute Trustee(s) are unable to convey good and marketable title, the purchaser(s) sole remedy in law or equity shall be limited to the refund of the aforementioned deposit. Upon refund of the deposit, this sale shall be void and of no effect, and the purchaser shall have no further claim against the Substitute Trustee(s).
Note: The information contained herein was obtained from sources deemed to be reliable, but is offered for information purposes only. The Auctioneer, the Substitute Trustees, the Deed of Trust note holder and the secured party 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.
JAMES D. O'CONNOR, ELLYN S. BUTLER,
Ashland Auction Group, LLC.
920 S. Conkling St Baltimore, MD 21224.
Auctioneer: Adam Shpritz, Ashland Auction Group, LLC.
920 S. Conkling St Baltimore, MD 21224. 410-488-3124