SUBSTITUTE TRUSTEES
SALE
Of Valuable Fee Simple Property
966 Augustine Herman Highway, Elkton, Maryland 21912
(**Sale To Be Held at the Cecil County Courthouse**)
Under and by virtue of the power of sale contained in a certain Purchase Money Deed of Trust from Ireland & Company, LLC to Jacob H. Goldstein and Frederick J. Eikenberg, Jr., Trustees, dated October 2, 2006, and recorded among the Land Records of CECIL COUNTY in Liber 2223, folio 018, as well as a certain Deed of Trust from Ireland & Company, LLC to Jacob H. Goldstein and Frederick J. Eikenberg, Jr., Trustees, dated October 2, 2006, and recorded among the Land Records of CECIL COUNTY in Liber 2223, folio 026, the holder of the indebtedness secured by these Deeds of Trust having appointed Bradley R. Stover and Rachel C. Simmons Substitute Trustees, by instruments 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 Trustees will offer for sale at public auction at the
FRONT OF THE CECIL COUNTY COURTHOUSE
LOCATED AT
129 EAST MAIN STREET, ELKTON, MARYLAND, ON:
TUESDAY, February 23, 2010 @ 12:00 Noon
FOREVER IN FEE SIMPLE, All those two lots or parcels of land, situate, lying and being in the Second Election District of Cecil County, and being part of “Brantwood Farm”, containing 25 acres of land, more particularly described in a Deed dated the 2nd day of October, 2006 by Larry Craig Bollinger and Lynn M. Bollinger, Grantors, and Ireland & Company, LLC, a Maryland Limited Liability Company, Grantee, recorded among the Land Records of Cecil County in Liber 2223, folio 013.
The property will be sold in an “AS 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.
TERMS OF SALE
A deposit of $10,000.00 payable in cash, certified check or by a cashier’s check will be required from purchaser at time of sale, balance in cash upon final ratification of sale by the Circuit Court of CECIL COUNTY, interest to be paid at a rate pursuant to the mortgage 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. The purchaser will be required to complete settlement o the purchase within TEN (10) DAYS of the ratification of the sale by the Court otherwise the property will be resold at the risk and expense of the purchaser. Taxes and water rent, if any, to be adjusted to date of sale. All other public charges and assessments payable on an annual basis, including sanitary and/or Metropolitan district charges to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. Cost of all documentary stamps and transfer taxes and all other cots incident to the settlement shall be borne by the purchaser. If the Substitute Trustee is unable to convey good and marketable 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. 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.
SUBSTITUTE TRUSTEES
Bradley R. Stover, Esquire
Rachel C. Simmons, Esquire
|
Home
$100,000.00 (Sold To NBRS)
