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$74,000.00
TRUSTEE'S SALE OF VALUABLE
FEE SIMPLE PROPERTY
VALUABLE COMMERCIAL REAL ESTATE
0.56 ACRE LOT WITH IMPROVEMENTS KNOWN AS:
20 SPESUTIA ROAD, ABERDEEN, MD 21001

AUCTION DATE
THURSDAY, MARCH 5, 2009 at 10:00 AM
Sale Location: The Harford County Circuit Court Courthouse
(At the Courthouse Door)
20 West Courtland Street, Bel Air, MD 21014
Property: 20 Spesutia Road, Aberdeen, Maryland 21001
Tax ID# 02-057239

Under and by virtue of the power and authority contained in an Deed of Trust dated April 27, 2007 and recorded among the Land Records of Harford County in Liber No. 7430, folio 0390 from George R. Ross to Nation One Mortgage, Inc. and recorded among the Land Records of Harford County in L1ber No. 7430, folio 0390, which was assigned to Commerce Bank and Trust Company by virtue of an Assignment of Mortgage dated June 27, 2007 and recorded among the Land Records of Harford County in Liber No. 7963, folio 615 (collectively hereinafter “Deed of Trust”), and default having occurred under the terms thereof, and at the request of the parties secured thereby, the undersigned, will sell at public auction, at:

The Harford County Circuit Courthouse (at the Courthouse door)
20 West Courtland Street, Bel Air, Maryland
on Thursday, March 5, 2009 at 10:00 a.m.

All that lot of ground and improvements thereon, situate and lying in Harford County and described as follows:

ALL that lot or parcel of land situate and lying in the SECOND ELECTION DISTRICT of Harford County and being known and designated as Lot No. 1 on that plat entitled “Lands of Isiah H. Kenly and Margaret Kenly” which plat is recorded among the Land Records of Harford County in Plat Book No. 67, folio 62.

BEING the same and all the land described in and conveyed by a Deed dated April 27, 2007 from Wanda D. Burrell, reaminderman of Isiah H. Kenly unto George R. Ross and recorded among the Land Records of Harford County in Liber No. 7430, folio 385.

The property will be sold “as is” in fee simple, and subject to all the conditions, liens, restrictions and agreements of record, affecting same, if any, and with no warranty as to the description of the improvements.

TERMS OF SALE: A deposit of $10,000.00, will be required of the purchaser to be paid at the time and place of sale, in such terms as shall be acceptable to the Trustee, balance in cash at settlement which shall be twenty days (20) after final ratification of sale by the Circuit Court for Harford County unless said period is extended by Trustee, his successors or assigns for good cause shown, time being of the essence; interest at the rate of Ten Percent per annum shall be paid on unpaid purchase money from the date of sale to the date of settlement. In the event the above-named Holder purchases the property at the sale as the high bidder thereat, no deposit will be required and interest on the balance of the purchase price shall be waived. The property will be sold subject to all restrictions, liens, covenants and encumbrances of record. In the event that the purchaser fails to go to settlement as required, the property shall be re-sold at purchaser’s risk and expense. Taxes, water rent, and all other municipal liens and charges to be adjusted to date of sale. All other public charges and assessments payable on an annual basis shall be adjusted to date of sale and assumed thereafter by purchaser. Costs of all documentary stamps, transfer taxes, document preparation, agricultural transfer tax, title insurance, or any other type of settlement charges of every kind and nature shall be borne by the purchaser. The improvements are being sold in an “as is” condition with purchaser responsible for any and all housing and zoning code violations. If the Trustee is unable to convey good and marketable title or a resale is to take place for any reasons, 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 not further claim against Trustee. the Trustee, his attorneys and/or the note holder shall not be liable individually or otherwise for any matters relating to this sale and/or the property.

Robert F. Kahoe, Jr., Trustee
9 South Hickory Avenue
Bel Air, Maryland 21014
(410) 838-5210/(410) 879-9906