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Hofmeister & Breza
11019 McCormick Rd., Suite 400
Hunt Valley, MD 21031
SUBSTITUTE TRUSTEES’ SALE
MODERN OFFICE AND
3,108± Square Feet ◆ Zoned C-2
& CIRCA 1889 FRAME HOME
Sale On Premises
6315 BARNETT AVENUE
Off MD-32, Just South of Liberty Road
Carroll County, MD 21784
Under a power of sale contained in a certain Indemnity Deed of Trust and Security Agreement from Feezergirl Property, LLC dated March 26, 2014 and recorded in Liber 7643, Folio 118 among the Land Records of Carroll County, MD, and modified by that certain Loan Modification Agreement dated November 9, 2016, and recorded among the Land Records of Carroll County, MD in Liber 8515, Folio 184 (“Deed of Trust”), default having occurred under the terms thereof, and at the request of the parties secured thereby, the undersigned Substitute Trustees will sell at public auction at the premises, on
THURSDAY, AUGUST 18, 2022
AT 11:00 A.M.
ALL THAT FEE-SIMPLE LOT OF GROUND AND THE IMPROVEMENTS thereon, if any, situated in Carroll County, Maryland and more fully described in the aforesaid Deed of Trust. Tax ID No. 05-015855.
According to public tax records, the property comprises 0.641 acre of land. Zoning is believed to be C-2, Commercial, Medium Intensity District.
The improvements are believed to comprise a modern one story metal building, approximately 42′ x 74′ or 3,108 square feet. The front portion (approximately 1,008 square feet) contains a foyer, 4 offices and two rest rooms. The rear portion (approximately 2,100 square feet) has high ceilings and three loading docks. A separate frame porch front home is in poor condition. Public water and sewer are believed to be in the site.
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.
The property will be sold in an “as is” condition and subject to all covenants, conditions, liens, restrictions, easements, agreements and rights-of-way as may affect same, if any and with no warranty of any kind.
TERMS OF SALE: A deposit of $25,000 will be required at the time of sale, such deposit to be in cashier’s check or certified check, or other form acceptable to the Substitute Trustees in their sole discretion The deposit must be increased to 10% of the purchase price within 2 business days after the sale, and delivered to the office of the Substitute Trustees in the same form as the initial deposit. Balance of the purchase price is to be paid in cash within ten (10) days of the final ratification of sale by the Circuit Court for Carroll County. If payment of the balance does not take place within ten (10) days of ratification, the deposit may be forfeited or property may 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. Interest to be paid on the unpaid purchase money at the rate pursuant to the Deed of Trust Note from date of sale to date. funds are received in the office of the Substitute Trustees in the event the property is purchased by someone other than the holder of the indebtedness. In the event settlement is delayed for any reason, there shall be no abatement of interest. All taxes, ground rent, water, condominium fees and/or homeowner association dues, all public charges, assessments payable on an annual basis, including sanitary and/or metropolitan district charges, and front foot benefit charges, if applicable, to be adjusted to date of sale and assumed thereafter by the purchaser. Cost of all documentary stamps, transfer taxes and settlement expenses for the property shall be borne by the purchaser. Purchaser shall be responsible for obtaining physical possession of the property. Purchaser assumes the risk of loss or damage to the property from the date of sale forward. If the Substitute Trustees 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 to purchaser, this sale shall be void and of no effect, and the purchaser shall have no further claims against the Substitute Trustees. The conveyance of the property by the Substitute Trustees to the purchaser at settlement shall be by Trustees’ Deed without covenants or special warranties.
The Substitute Trustees reserve the right to: (1) accept or reject any and all bids and to sell the property in any manner which the Substitute Trustees determine, in their sole discretion, may provide the highest yield to the secured party, (2) modify or waive the requirement for bidders’ deposits and terms of sale and/or settlement, and (3) to withdraw all or any part of the property from the sale prior to acceptance of the final bid.
The property will be sold in an “AS IS” condition and without any recourse, representations or warranties, either express or implied, as to its nature, condition or description. No representations are made as to the property. Neither the Substitute Trustees, nor any other party, make any warranty or representation of any kind or nature regarding the physical condition of, the description of, or title to the property. The property will be sold subject to any violation notices and subject to all conditions, restrictions, easements, covenants, encumbrances, and agreements of record and all terms, conditions, notes, and matters as set forth and described in the Deed of Trust. The purchaser is responsible for, and the property is sold subject to, any environmental matter or condition, whether latent or observable, if any, that may exist at or affect or relate to the property and to any governmental requirements affecting the same.
NOTE: The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer, the beneficiary of the Deed of Trust, the Substitute Trustees nor their agents or attorneys make any representations or warranties with respect to the accuracy of information.
PROSPECTIVE PURCHASERS ARE URGED TO PERFORM THEIR OWN DUE DILIGENCE WITH RESPECT TO THE PROPERTY PRIOR TO THE FORECLOSURE AUCTION. For additional information, please contact the Substitute Trustees.
Ralph J. DiPietro and Scott R. Robinson, Substitute Trustees