Samuel I. White, P.C.
596 Lynnhaven Parkway, Suite 200
Virginia Beach, VA 23452
SUBSTITUTE TRUSTEES’ SALE OF
VALUABLE FEE SIMPLE PROPERTY
463 Cardinal Drive
Lusby, MD 20657
Under and by virtue of the power of sale contained in a certain Deed of Trust to ROSENBERG AND ASSOCIATES, LLC. , Trustee(s), dated May 21, 2016, and recorded among the Land Records of CALVERT COUNTY, MARYLAND in Liber 4774, folio 0025, 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 CALVERT COUNTY COURTHOUSE LOCATED AT 175 MAIN ST, PRINCE FREDERICK, MD 20678 ON,
MARCH 5, 2020 at 10:00 AM
ALL THAT FEE SIMPLE LOT OF GROUND and improvements thereon situated in CALVERT COUNTY, MD and described as follows:
LOT 2, BLOCK B, SECTION 4-B IN THE SUBDIVISION KNOWN AS “DRUM POINT”, AS PER PLAT THEREOF RECORDED AMONG THE LAND RECORDS OF CALVERT COUNTY, MARYLAND IN LIBER JLB 1 AT FOLIO 59.
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 $20,000.00
PAYABLE ONLY BY certified funds, shall be required at the time of sale. CASH WILL NOT BE AN ACCEPTABLE FORM OF DEPOSIT. The balance of the purchase price with interest at 4.125
% per annum from the date of sale to the date of payment will be paid within TEN DAYS after the final ratification of the sale. Adjustments on all taxes, public charges and special or regular assessments will be made as of the date of sale and thereafter assumed by purchaser. If applicable, condominium and/or homeowner association dues and assessments that may become due after the time of sale will be the responsibility of the purchaser. Title examination, conveyancing, state revenue stamps, transfer taxes, title insurance, and all other costs incident to settlement are to be paid by the purchaser. Time is of the essence for the purchaser, otherwise the deposit will be forfeited and the property may be resold at risk and costs of the defaulting purchaser. The purchaser agrees to accept service by first class mail and certified mail addressed to the address provided by said Purchaser as identified on the Memorandum of Sale for any Motion or Show Cause Order incident to this sale including a Motion to Default Purchaser and for Resale of the Property. If the sale is not ratified or if the Substitute Trustees are unable to convey marketable title in accord with these terms of sale, the purchaser’s only remedy is return of the deposit.
Trustee’s File No. (68386)
JOHN E. DRISCOLL III, et al SUBSTITUTE TRUSTEES
HARVEY WEST AUCTIONEERS, LLC
300 E. JOPPA RD
HAMPTON PLAZA-SUITE 1103
BALTIMORE, MD 21286www.hwestauctions.com
2893753 CC 2-14,2-21,2-28-20