3730 Greenmount Ave Baltimore, MD
BROCK & SCOTT, PLLC
484 VIKING DRIVE, SUITE 203
VIRGINIA BEACH, VA 23452
Substitute Trustees' Sale Of
Valuable Fee Simple Property
3730 Greenmount Ave, Baltimore, MD 21218
Under and by virtue of the power of sale contained in a certain Deed of Trust to JOHN M. MERCER, Trustee(s), dated May 25, 2007, and recorded among the Land Records of BALTIMORE CITY, MARYLAND in Liber 9529, folio 461, the holder of the indebtedness secured by this Deed of Trust having appointed the undersigned Substitute Trustees, by instrument duly recorded among the aforesaid Land Records, default having occurred under the terms thereof, and at the request of the party secured thereby, the undersigned Substitute Trustee will offer for sale at public auction at THE BALTIMORE CITY COURTHOUSE LOCATED AT 100 N CALVERT ST, (COURTHOUSE WEST), BALTIMORE, MD 21202 ON,
November 2, 2020 at 10:30 a.m.
ALL THAT FEE SIMPLE LOT OF GROUND and improvements thereon situated in BALTIMORE CITY, MD and described as follows:
BEGINNING FOR THE SAME THEREOF ON THE WEST SIDE OF GREENMOUNT AVENUE AT THE DISTANCE OF 392 FEET SOUTHERLY FROM THE CORNER FORMED BY THE INTERSECTION OF THE SOUTH SIDE OF 39TH STREET AND THE WEST SIDE OF GREENMOUNT AVENUE 24 FEET 6 INCHES TO A POINT IN THE LINE WITH THE CENTER OF PARTITION WALL THERE SITUATE THENCE WESTERLY AT RIGHT ANGLES WITH GREENMOUNT AVENUE AND FOR PART OF THE WAY THROUGH THE CENTER OF SAID PARTITION WALL 12 FEET 6 INCHES TO THE EAST LINE OF THE STRIP OF LAND 15 FEET IN WIDTH - MARKED "RESERVATION" ON THE PLAT OF GUILFORD THENCE NORTHERLY BINDING ON THE EAST LINE OF SAID RESERVATION 24 FEET 6 INCHES TO A POINT IN-LINE WITH THE CENTER PARTITION WALL THERE SITUATED THENCE EASTERLY AT RIGHT ANGLES WITH SAID RESERVATION AND FOR PART OF THE WAY THROUGH THE CENTER OF SAID PARTITION WALL 122 FEET 6 INCHES TO THE PLACE OF BEGINNING. THE IMPROVEMENTS THEREON BEING KNOWN AS NO. 3730 GREENMOUNT AVENUE.
The property will be sold in an "AS IS WHERE 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, 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 which affect the same, if any. The property will be sold subject to all conditions, liens, restrictions and agreements of record affecting same including any condominium and of HOA assessments pursuant to Md Real Property Article 11-110.
TERMS OF SALE: A deposit of $11,500.00 payable in certified check or by a cashier's check will be required from purchaser at time of sale, balance in immediately available funds upon final ratification of sale by the Circuit Court of BALTIMORE CITY, MARYLAND interest to be paid at the rate of 3.125% on unpaid purchase money from date of sale to date of settlement. The secured party herein, if a bidder, shall not be required to post a deposit. Third party purchaser (excluding the secured party) will be required to complete full settlement of the purchase of the property within TEN (10) CALENDAR DAYS of the ratification of the sale by the Circuit Court otherwise the purchaser's deposit shall be forfeited and the property will be resold at the risk and expense, of the defaulting purchaser. All other public charges and private charges or assessments, including water/sewer charges, ground rent, taxes if any, to be adjusted to date of sale. Cost of all documentary stamps and transfer taxes and all other costs incident to the settlement shall be borne by the purchaser. If applicable, condominium and/or homeowner association dues and assessments will be adjusted to date of sale. If the sale is rescinded or not ratified for any reason, including post sale lender audit, or the Substitute Trustees are unable to convey insurable title or a resale is to take place for any reason, the purchaser(s) sole remedy in law or equity shall be limited to the refund of the aforementioned deposit. The purchaser waives all rights and claims against the Substitute Trustees whether known or unknown. These provisions shall survive settlement 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 Trustees. The sale is subject to post-sale review of the status of the loan and that if any agreement to cancel the sale was entered into by the lender and borrower prior to the sale then the sale is void and the purchaser's deposit shall be refunded without interest. Additional terms and conditions, if applicable, maybe announced at the time and date of sale. File No. (19-14452)
BRENNAN FERGUSON, CHRISTINE N. JOHNSON,
ROBERT A. OLIVERI, MELISSA ALCOCER,