"Central Park Heights"

Cipriani & Werner, PC
6411 Ivy Lane, Suite 600
Greenbelt, MD 20770

ASSIGNEE’S AUCTION

CENTRAL PARK HEIGHTS

TWO STORY TOWNHOME

Known As
3712 MANCHESTER AVENUE
Off 4800 Reisterstown Road
Baltimore, MD 21215

Sale On Premises
TUESDAY, FEBRUARY 28, 2023
AT 11:00 A.M.

      Under and by virtue of the power of sale contained in a certain Seller Held Purchase Money Mortgage from Dawn Crummitt and Montia Hughes, dated March 21, 2014, and recorded among the Land Records of Baltimore City, Maryland, in Liber FMC 16118, Page 82 (the “mortgage”), said Mortgage having been assigned to Paul J. Cohen for foreclosure purposes, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Mortgage Assignee will sell at Public Auction, on the premises, the following:

      All that leasehold lot of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the above-referenced mortgage; lot size 17′ x 120′ Plat, subject to an annual $90 ground rent, payable half-yearly on the 28th days of June and December, in each and every year.

      The property is improved by a two story, covered porchfront, inside-group brick townhome, believed to contain a living room, dining area, kitchen, 2 bedrooms, bath and basement.

      NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

      TERMS OF SALE: A $5,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s Office. The holder of the indebtedness, if a bidder at the sale, shall not be required to post a deposit. Balance to be paid in cash at settlement, which shall take place within ten (10) business days following final ratification of the sale by the Circuit Court for Baltimore City at a location designated by the Mortgage Assignee. If payment of the balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate stated in the foreclosed mortgage, from date of contract to date of settlement. If settlement is delayed for any reason, there will be no abatement of interest. All adjustments as of date of contract. Taxes, ground rent and all other public charges and assessments payable on a monthly or annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the purchaser. The property will be sold in “AS IS” condition, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of contract forward. The purchaser waives and releases the Mortgage Assignee, 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 Mortgage Assignee is 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 Mortgage Assignee, the holder of the indebtedness or Auctioneers. Recordation costs, transfer taxes and all other costs incident to settlement to be paid by the purchaser. Time shall be of the essence for the purchaser.

No Buyer’s Premium

Paul J. Cohen, Mortgage Assignee