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Pursuant to the power of sale contained in a Purchase Money
Mortgage dated December 14, 2006, recorded among the Land Records of
Baltimore City, Maryland in Liber FMC No. 9252, folio 671; a Purchase
Money Mortgage dated October 27, 2006, recorded among the Land Records
of Baltimore City, Maryland in Liber FMC No. 9042, folio 608; a Purchase
Money Mortgage dated October 31, 2006, recorded among the Land Records
of Baltimore City, Maryland in Liber FMC No. 8629, folio 370; a Purchase
Money Mortgage dated January 18, 2006, recorded among the Land Records
of Baltimore City, Maryland in Liber FMC No. 7410, folio 183; a Purchase
Money Mortgage dated January 18, 2006, recorded among the Land Records
of Baltimore City, Maryland in Liber FMC No. 7448, folio 306; a Purchase
Money Mortgage dated June 29, 2007, recorded among the Land Records of
Baltimore City, Maryland in Liber FMC No. 10175, folio 494; a Purchase
Money Mortgage dated June 29, 2007, recorded among the Land Records of
Baltimore City, Maryland in Liber FMC No. 10171, folio 126; a Purchase
Money Mortgage dated May 30, 2007, recorded among the Land Records of
Baltimore City, Maryland in Liber FMC No. 10175, folio 474; a Purchase
Money Mortgage dated June 20, 2007, recorded among the Land Records of
Baltimore City, Maryland in Liber FMC No. 10175, folio 514; a Purchase
Money Mortgage dated June 20, 2007, recorded among the Land Records of
Baltimore City, Maryland in Liber FMC No. 10175, folio 447; a Purchase
Money Mortgage dated October 26, 2006, recorded among the Land Records
of Baltimore City, Maryland in Liber FMC No. 8667, folio 55; and a
Purchase Money Mortgage dated August 24, 2006, recorded among the Land
Records of Baltimore City, Maryland in Liber FMC No. 8622, folio 638;
and default having occurred thereunder, the undersigned duly appointed
Assignees will offer for sale at public auction, at the Courthouse Door
of the Circuit Court for Baltimore City, Clarence M. Mitchell
Courthouse, 100 N. Calvert Street, Baltimore City, Maryland 21202 on
TUESDAY,
MARCH 11, 2008
AT 10:00 A.M.
For administrative purposes, there will be multiple sales held at this
time, the order of the sales to be announced at the time of the sale.
ALL those lots of ground and the improvements thereon situate and lying
in Baltimore City, Maryland and described as follows:
PARCEL ONE:
BEGINNING FOR THE SAME on the north side of Federal Street at the
distance of 56 feet westerly from the northwest corner of Federal and
Montford Avenue which place of beginning is in the center line of a
party wall between the house erected on the lot of ground now being
described and the house erected on the lot of ground next adjoining
thereto on the east and running thence westerly binding on the north
side of Federal Street 14 feet to the center line of a party wall
between the house erected on the lot of ground now being described and
the house erected on the lot of ground next thereto on the west and
thence northerly parallel with Montford Avenue and passing through the
center line of last mentioned party wall 75 feet to the center line of
an alley 10 feet wide there situate thence easterly binding on the
center line the said alley with the use thereof in common 14 feet and
thence southerly parallel with Montford Avenue and passing through the
center line of the party wall in this description first mentioned 75
feet to the place of beginning. The improvements thereon being known as
No. 2318 East Federal
Street. Subject to the
payment of the annual rent of $90.00, payable half-yearly on the 1st
days of June and December, in each and every year.
PARCEL TWO:
BEGINNING FOR THE SAME at a point on the south side of Wilhelm Street
distant 99 feet and 8 inches westerly from the southwest corner of
Payson and Wilhelm Streets, which place of beginning if designed to be
in the centre of the partition wall there situate; thence westerly along
the southside of Wilhelm Street 13 feet to the centre of another
partition wall there situate; thence southerly through the centre of
said last mentioned partition wall and continuing the same course
parallel with Payson Street in all 74 feet 8 and ˝ inches to the centre
of an alley ten feet wide there situate; thence Easterly along the
centre of said alley, with the use thereof in common, 13 feet and thence
Northerly by a straight line to and through the centre of said partition
wall first mentioned in this description 74 feet and 8 and 1/4 inches to
the place of beginning. The improvements thereon being known as
No. 2005 Wilhelm Street.
Subject to the payment of the annual rent of $240.00, payable
half-yearly on the 21st days of April and October, in each and every
year.
PARCEL
THREE: BEGINNING FOR
THE SAME on the northeast side of 25th Street at the distance of 106
feet 2 1/4 inches southeasterly form the corner formed by the
intersection of the southeast side of Harford Avenue and the northeast
side of 25th Street and at the center of party wall there situate thence
southeasterly binding on the northeast side of 25th street 15 feet to
the center of another party wall there situate thence southeasterly
through the center of said last mentioned party wall and continued the
same course in all 70 feet to the southwest side of a 10 foot alley
there situated and thence northwesterly binding on said alley 15 feet
and thence southeasterly in a straight line and thought the center of
said first mentioned party wall 70 feet to the place of beginning. The
improvements thereon being known as
No. 1612 East 25th Street.
Subject to the payment of the annual rent of $96.00, payable half-yearly
on the 10th day of January and July, in each and every year.
PARCEL
FOUR: BEGINNING for the
same on the southeast side of Belvedere Avenue at a point distant 171
feet southwesterly from the corner formed by the intersection of the
southeast side Belvedere Avenue with the southwest side of Arbutus
Avenue (formerly Morton Avenue) and at a point in a line with the center
of the partition wall between the house erected on the lot now being
described and the house erected on the lot adjoining thereto on the
northeast, thence southwesterly bounding on the southeast side of
Belvedere Avenue, thence northeasterly binding said alley the use
thereof in common with others 19 feet to a point in a line with the
partition wall above mentioned, thence northwesterly to and through the
center of said partition wall 100 feet to the place of beginning. The
improvements thereon being known as
No. 4019 Belvedere Avenue,
also known as 4019 West Belvedere Avenue. Subject to the payment of the
annual rent of $120.00, payable half-yearly on the 1st days of June and
December, in each and every year.
PARCEL
FIVE: BEGINNING FOR THE
SAME on the south side of Rayner avenue 15 feet easterly from the
southeast corner of Rayner Avenue and Pulaski Street, and at the center
of a partition wall; thence easterly on the south side of Rayner Avenue
15 feet to the center another partition wall; thence southerly through
the center of the last mentioned partition wall and parallel with
Pulaski Street, in all 70 feet, more or less, to the north side of a 10
foot alley; thence westerly on the north side of said alley, with the
use thereof in common, 15 feet; and thence northerly parallel to Pulaski
Street and passing through the center of the first mentioned partition
wall 70 feet, more or less, to the place of beginning. The improvements
thereon being known as
No. 2031 Rayner Avenue.
Subject to the payment of the annual ground rent of $66.00, payable
half-yearly on the 10th days of January and July in each and every year.
PARCEL SIX:
BEGINNING FOR THE SAME on the line of the East of Fulton Avenue at the
distance of sixty-one feet two inches northerly from the corner formed
by the intersection of the east side of Fulton Avenue and the north side
of Pratt Street; and running thence northerly binding on the east side
of Fulton Avenue fifteen feet thence easterly parallel with Pratt Street
sixty-four feet to an alley three feet wide running parallel with Fulton
Avenue and extending to Pratt Street; thence southerly binding on that
alley, with the use and privilege thereof in common with others, fifteen
feet; and thence westerly by a straight line sixty-four feet to the
place of beginning. The improvements thereon being known as
No. 119 South Fulton
Avenue. Subject to the
payment of the annual rent of $52.50, payable half-yearly on the 1st
days of April and October, in each and every year.
PARCEL
SEVEN: BEGINNING FOR
THE SAME on the North side of Franklin Street at the distance of
twenty-seven feet easterly from the northeast corner of Franklin and
Monroe Sts. which place of beginning is designed to be at the center of
the partition wall between the house on the lot now being described and
the house on the lot next adjoining thereto on the west and running
thence easterly bounding on the north side of Franklin St. thirteen feet
to the center of the partition wall between the house on the lot now
being described and the house on the lot next adjoining thereon on the
east thence northerly through the center of the last mentioned partition
wall and continuing the same course parallel with Franklin St.
seventy-four feet to an alley ten feet wide thence westerly parallel
with Franklin St. and along the south side of said alley with the use
thereof in common thirteen feet to intersect a line drawn from the place
of beginning through the center of the partition wall first mentioned in
this description and thence southerly reversing said line so drawn and
bounding thereon to the place of beginning. The improvements whereon are
known as
1838 West Franklin Street.
Subject to the payment of the annual rent of $78.00 Dollars, payable
half-yearly on the 15th days of February and August, in each and every
year.
PARCEL
EIGHT: BEGINNING FOR
THE SAME on the southerly side of Franklintown Road (formerly called
Franklin Road) as the same is now laid out at the distance of forty-two
feet five and three eighths inches westerly measured along the curve of
Franklintown Road from the west side of Rosedale Street and running
thence westerly along said road by a curve to the right with a radius of
379.53 feet a distance of fourteen feet one and five eighths inches
thence southerly parallel with Rosedale Street and passing through the
centre of a partition wall 83 feet 11 inches to the north side of a ten
foot alley thence easterly binding thereon with Rosedale Street and
passing through the center of another partition wall eighty two feet one
and seven eighths inches to the place of beginning. The improvements
thereon being known as
No. 1006 Franklintown Road,
also known as 1006 North Franklintown Road. Subject to the payment of
the annual rent of $90.00, payable half-yearly on the 23rd days of May
and November, in each and every year.
PARCEL
NINE: BEGINNING FOR THE
SAME on the west side of Pulaski Street seventy-one feet north from the
northwest corner of Pulaski and Ridgewood Streets, and running thence
northerly, bounding on the west side of Pulaski Street fourteen feet;
thence westerly, parallel with Ridgewood Street seventy feet to the east
side of an alley ten feet wide; thence southerly on the east side of
said alley with the use thereof in common fourteen feet and thence
easterly by a straight line seventy feet to the place of beginning. The
improvements thereon being known as
No. 2020 North Pulaski Street.
Subject to the payment of the annual rent of $84.00, payable half-yearly
on the 5th days of March and September, in each and every year.
PARCEL TEN:
BEGINNING FOR THE SAME on the southeast side of 28th Street at the
distance of 119 feet southwesterly from the corner formed by the
intersection of the southwest side of Hampden Avenue and the southeast
side of 28th Street at the center of a partition wall there being and
running thence southwesterly binding on the southeast side of 28th
Street 14 feet to the center of another partition wall there being
thence south easterly through the center of said last mentioned
partition wall and continuing through the center of said last mentioned
partition wall and continuing the same course parallel with Hampden
Avenue in all 75 feet to the Northwest side of a 10 foot alley there
situate thence northeasterly binding on the northwest side of said 10
foot alley with the use and privilege thereof in common with others 14
feet and thence north westerly parallel with Hampden Avenue and through
the center of the partition wall first mentioned in this description in
all 75 feet to the place of beginning. The improvements thereon being
known as
No. 517 West 28th Street.
Subject to the payment of the annual rent of $56.00, payable half-yearly
on the 1st days of January and July, in each and every year.
PARCEL
ELEVEN: BEGINNING FOR
THE SAME on the northwest side of Grantley Street at the distance of 355
feet northeasterly from the corner formed by the intersection of the
northwest side of Grantley Street and the northeast side of Eversley
Street which place of beginning is designed to be at a point in a line
with the center of the partition wall there situate, thence running
northeasterly binding on the northwest side of Grantley Street 20 feet
to a point in a line with the center of the partition wall there
situate, thence running northwesterly parallel with Eversley Street to
and through the center of partition last above mentioned 75 feet to the
southeast side of an alley 10 feet wide there situate, thence running
southwesterly binding on the southeast side of said alley with the use
thereof in common 20 feet to intersect a line drawn southwesterly
parallel with Eversley Street through the center of the partition wall
in this description first above mentioned and running thence
southeasterly reversing said line so drawn and binding thereon 75 feet
to the place of beginning. The improvements thereon being known as
No. 748 Grantley Street,
also known as No. 748 North Grantley Street. Subject to the payment of
the annual rent of $96.00, payable half-yearly on the 1st days of April
and October, in each and every year.
PARCEL
TWELVE: BEGINNING FOR
THE SAME thereof on the northeast side of Twenty-fifth Street at the
distance of 196 feet 2 and 1/4 inches southeasterly from the corner
formed by the intersection of the southeast side of Harford Avenue and
the northeast side of Twenty-fifth Street 15 feet to the center of
another partition wall there situate, thence northeasterly through the
center of the last mentioned partition wall continuing the same course
in all 70 feet to the southwest side of a ten foot alley there situate,
thence northwesterly binding on said alley 15 feet, and thence
southwesterly in a straight line and through the center of said first
mentioned partition wall 70 feet to the place of beginning. The
improvements thereon being known as
No. 1624 East Twenty-Fifth
Street.
Subject to the payment of the annual rent of $90.00, payable half-yearly
on the 1st days of January and July, in each and every year; and,
further, subject to the payment of an annual sub-rent of $240.00 payable
half-yearly on the 24th days of February and August, in each and every
year.
The properties will be sold in an “as is,” condition and subject to all
conditions, restrictions, easements, covenants, and agreements of record
affecting the same, if any, and without expressed or implied warranty as
to the nature and description of the improvements as contained herein.
Terms of
Sale: A deposit of
$7,900.00 per parcel will be required at the time of sale, such deposit
to be in cash, cashier’s check, or in other form as the Assignees may
determine acceptable, in their sole discretion. The holder of the
indebtedness, if a bidder at the sale, shall not be required to post a
deposit. Balance of purchase price to be paid in cash at settlement,
which shall take place at the offices of the Assignees within ten (10)
business days following final ratification of sale by the Circuit Court
for Baltimore City, unless said time is extended by the Assignees for
good cause shown. If payment of the balance does not take place within
the specified time, purchaser agrees to pay attorneys’ fees in the
amount of $750, plus costs, if the Assignees have moved to resell the
property. If purchaser defaults under these terms, the deposit shall 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, even if such surplus results from improvements to the property
by said defaulted purchaser. Interest will accrue on the unpaid purchase
money, at the rate stated in the foreclosed Mortgage, from date of sale
to date of settlement, in the event the property is purchased by someone
other than the mortgage holder. In the event settlement is delayed for
any reason, including, but not limited to, exceptions to this sale,
bankruptcy filings by interested parties, court administration of the
foreclosure or unknown title defects, there shall be no abatement of
interest. The sale is subject to post-sale confirmation that the
borrower did not file for protection under the U.S. Bankruptcy Code
prior to the sale. In such event, this sale shall be null and void, and
the purchaser’s sole remedy, in law and equity, shall be the return of
the deposit without interest. All taxes, ground rent, and water rent to
be adjusted to date of sale. Purchaser shall be responsible for the
payment of the ground rent escrow, if required. All other state, city,
and other taxes, public charges or assessments payable on an annual
basis, including sanitary and/or metropolitan district charges, if any,
to be adjusted for the current year to date of sale and assumed by the
purchaser thereafter. Purchaser is responsible for any amount in excess
of $250 of outstanding water bills, if any, incurred prior to date of
sale. Costs of all transfer taxes, documentary stamps and recordation
costs shall be borne by the purchaser. Purchaser shall be responsible
for obtaining physical possession of the property. Purchaser waives and
releases the Assignees, the holder of the indebtedness, the Auctioneers,
and their respective agents, successors and assigns from any and all
claims the purchaser and/or its successors and assigns may now have or
may have in the future relating to the condition of the property,
including but not limited to the environmental condition thereof. If the
sale is not ratified, or if for any reason the Assignees 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 deposit. Upon refund of the
deposit, this sale shall be null and void and of no effect, and the
purchaser shall have no further claim against the Assignees, Mortgage
Holder, or Auctioneers. The purchaser at the foreclosure sale shall
assume the risk of loss for the property immediately after the sale.
Additional terms, if any, to be announced at sale. Purchaser agrees to
pay $250 at settlement to the seller’s attorney for review of the
settlement documents, and an additional fee of $250 for review of any
motion which may be subsequently filed with the Court to substitute a
purchaser herein. Time shall be of the essence for the purchaser.
DEBORAH M. ENGRAM and JAMES C. BRENNAN Assignees |