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FEE SIMPLE BANK FORECLOSURE
Previous Page Listing ID#: 58269
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Auction Location |
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ROCKVILLE, MD 20850 |
Auction Dates and Times |
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Wednesday Jan 10, 2018 Completed |
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![Jonathan Melnick Auctioneers and E.T. Newell Jonathan Melnick Auctioneers and E.T. Newell](https://www.GoToAuction.com/img/logo/large/thumb_1504626450_logo_melnick_newell.jpg)
Company Information |
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Jonathan Melnick Auctioneers and E.T. Newell Contact: Marie Patterson Phone: 410-366-5555 Email: auctions@melnicknewell.com Website: www.melnicknewell.com GoToAuction.com ID#: 3607 View company information and listings |
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Listing Terms and Conditions |
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SEE BELOW
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File Attachments |
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Listing Information |
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Law Offices GOOZMAN, BERNSTEIN & MARKUSKI 9101 Cherry Lane, Suite 207 Laurel, Maryland 20708 (301) 953-7480 (410) 792-0075
TRUSTEES' SALE Case No. 427215V
Of Valuable Improved Real Estate located in Montgomery County, MD at:
4300 Sundown Road Gaithersburg, Maryland 20882
Under and by virtue of a Power Of Sale contained in a certain Deed Of Trust from Kelly Ann Shumaker to Ronda McDowell and Steve Anderson, Trustees, dated June 22, 2005, and duly recorded among the Land Records of Montgomery County, Maryland, in Liber 30279, at Folio 536, and Modification Of Deed Of Trust dated June 20, 2007, recorded in Liber 34535, at Folio 323, docketed for foreclosure in Civil No. 427215V, the holder of the indebtedness secured by the Deed Of Trust having appointed Martin L. Goozman and Jeffrey W. Bernstein as Substitute Trustees by instrument duly executed, acknowledged and recorded among the Land Records of the said County, default having occurred under the terms thereof and at the request of the holder of the Note secured thereby, the undersigned Substitute Trustees will offer for sale at public auction at the Circuit Court for Montgomery County, at the Court House Door, 50 Maryland Avenue, Rockville, Maryland 20850, on
WEDNESDAY • JANUARY 10, 2018 • 12:00 PM (NOON)
all that Property described in the said Deed Of Trust as follows:
BEGINNING AT A POINT IN THE INTERSECTION OF THE LAYTONSVILLE-UNITY ROAD AND OF HOBBS ROAD, SAID POINT ALSO BEING AT THE BEGINNING OF THE TWELFTH LINE OF A CONVEYANCE, FRANCIS W. SMITH ET UX TO NICHOLAS S. J. SHUMAKER ET UX FOR 129.276 ACRES OF LAND RECORDED FEBRUARY 5, 1948 IN LIBER 1127, FOLIO 488 AMONG THE LAND RECORDS OF MONTGOMERY COUNTY, MARYLAND, AND RUNNING THENCE WITH PART OF SAID TWELFTH LINE AND SAID LAYTONSVILLE-UNITY ROAD S 72 DEGREES 35′ 10″ W 183.000 FEET TO A POINT, THENCE, LEAVING SAID LINE AND ROAD, AND CUTTING THROUTH SAID CONVEYANCE, S 3 DEGREES 46′ 30″ E 286.130 FEET TO A POINT, THENCE S 88 DEGREES 12′ E 145.000 FEET TO A POINT IN THE ELEVENTH LINE OF THE ABOVE-MENTIONED CONVEYANCE, SAID POINT ALSO BEING IN THE ABOVE-MENTIONED HOBBS ROAD, THENCE WITH PART OF SAID LINE AND ROAD, N 1 DEGREE 48′ E 345.000 FEET TO THE PLACE OF BEGINNING, CONTAINING 1.1583 ACRES, AS SURVEYED BY PERCY H. SKINNER, REGISTERED LAND SURVEYOR, MD #2585.
BEING THE SAME PROPERTY DESCRIBED IN A DEED DATED OCTOBER 2, 2001 AND RECORDED IN LIBER 19845 AT FOLIO 334 AMONG THE AFORESAID LAND RECORDS.
Parcel Identifier: 01-00008643
The property is believed to be improved by a 1300 ± square foot brick house with 1.5 baths. The property is believed to sit on a 1.1 ± acre lot.
The Property will be sold in "AS-IS" condition, subject to all conditions, restrictions, easements, covenants, rights-of-way and agreements of record affecting the Property, and subject to whatever an accurate survey or inspection of the Property would disclose, without any express or implied warranty of any kind.
A deposit of $5,000.00 cash, certified or cashier's check, payable to the undersigned Trustees, shall be required at the time and place of sale. The balance of the purchase price shall bear interest at the rate of 7.45% per annum from the date of sale to the date of delivery of payment to the Substitute Trustees. No deposit shall be required of the noteholder where the noteholder bids on the Property at sale and payment of the purchase price by the noteholder shall be made by crediting the purchase price against the foreclosure costs and expenses and the indebtedness secured by said Deed Of Trust. In the event that settlement is delayed for any reason, including, but not limited to, exceptions to the sale, bankruptcy filings by interested parties, court administration of the foreclosure sale or unknown title defects, there shall be no abatement of interest.
Adjustment of all taxes, public charges and special or regular assessments, annual front foot benefit charges and deferred connection fees, if any, shall be made as of the date of sale and thereafter assumed by the purchaser. Condominium fees and/or homeowner's association fees, if any, shall be assumed by the purchaser from the date of sale. Title examination, conveyancing, transfer taxes, recordation tax and all other costs of conveyance and settlement shall be paid by the purchaser.
The Property is sold subject to the right of any persons in possession of all or any part of the Property under recorded or unrecorded leases or rights of occupancy, if any. Purchaser shall be responsible for obtaining possession of the Property.
Compliance with the terms of sale shall be made and the balance of the purchase price shall be paid within ten (10) days after final ratification of the sale by the Circuit Court for Montgomery County, Maryland, unless said time is extended by the undersigned Trustees in their sole and absolute discretion for good cause shown, time being of the essence; otherwise the deposit shall be forfeited and the Property will be resold at the risk and expense of the defaulting purchaser. In the event of resale, the defaulting purchaser shall not be entitled to any benefit, surplus proceeds or profits resulting from such resale.
The Trustees and Auctioneers are not liable, individually or otherwise, for any reason. If title to the Property is not or cannot be transferred consistent with the terms hereof for any reason, the Trustees' liability is limited, at its sole discretion, to return any deposit, without interest, thereby rescinding the sale, and there is no other right or remedy against the Trustees at law or in equity.
Martin L. Goozman and Jeffrey W. Bernstein
Substitute Trustees |
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