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SUBSTITUTE TRUSTEES SALE
Of Valuable Fee Simple Property
1508 Main Street, Whiteford, MD 21160
Tax ID #05-035538
Under and by virtue of the power and authority contained in a purchase money Deed of Trust dated May 5th, 2006 and recorded among the land records of Harford County Liber 6767, Folio 582 from Kluge Properties LLC to Carrollton Bank, default having occurred under the terms thereof, The Substitute Trustees will sell at Public Auction on the premises
1508 Main Street, Whiteford, MD 21160
On THURSDAY, MAY 28, 2009 @ 11:00 A.M.

PARCEL 1
ALL that parcel of land situate on the Westerly side of the state road leading from Pylesville to Cardiff, containing ninety-five and one-fourth ( 95 ¼) square perches, more or less, being the same and all the land described in a Deed from Guss Reamer and Shirley Reamer, his wife to Jacob Reamer, by the name of Hyman Reamer, dated September 13, 1943, and recorded among the Land Records of Harford County, Maryland in Liber GCB No. 280, folio 41, and
PARCEL 2
ALL that lot or parcel of land at or near Whiteford, Maryland containing one hundred and three thousandths (O.103) of an acre, more or less, being the same and all the land particularly described in a deed from Marshall T. Heaps and Helen A. Heaps, his wife, to Hyman Jacob Reamer, dated September 12, 1956, and recorded among the aforesaid Land Records in Liber GRG No. 467, folio 385
PARCEL 3
BEGINNING at a concrete marker heretofore set at the Northeast corner of the land of David K. Silver, running thence binding on the North side of the land of Silver as now surveyed:
(1) North 3-30 West 12.24 feet to a pipe now set, thence for a new line of division through an across the land of David H. Silver and Eunice K. Silver, his wife,
(2) South 62-55 West 334.90 feet to a pipe now set on the North side of Maryland Route 136 (Whiteford Road) as shown on Maryland Highway Administration Right-of Way Plat No. 10125, running thence binding on the said right of way line as now surveyed,
(3) South 39-50 East 12.30 feet to a pipe now set, running thence binding on the land of Heaps, Singleton and Norris as now surveyed,
(4) North 62-55 East 334.60 feet to the beginning hereof. Containing
0.09 acres of land, more or less, as surveyed by Shenk-Still June 20,1975

The improvements thereon being known as 1508 Main Street, Whiteford, Maryland 21160
Subject however to the terms and conditions of a Lease dated Feb 21st 2007 by and between Kluge Properties LLC and the USPS (United States Postal Service). For a copy of the Lease click here (Word document 2 MB).

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 $15,000.00, 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.

SUBSTITUTE TRUSTEES
William C. Rogers Jr.
W. Charles Rogers III