| Property Address | |
| 3804 Old Crain Highway
Upper Marlboro , MD 20772 |
|
SUBSTITUTED TRUSTEE’S SALE
OF
VALUABLE IMPROVED FEE SIMPLE PROPERTY
Known as:
3804 Old Crain Highway,
Upper Marlboro, Maryland 20772
Under and by virtue of the power of sale contained in a Deed of Trust dated May 12, 2003, from Tamara L. Summers and David M. Summers, Sr. to Pamela B. Tatum and Marylin L. Long, as Trustees, and SunTrust Bank, as Beneficiary, recorded among the Land Records of Prince George’s County, Maryland, in Liber 17704, folio 040, which was given to secure a loan on the real property described therein, and default having occurred under the terms and conditions thereof, the undersigned Trustee will sell at public auction at the Courthouse for the Circuit Court for Prince George’s County, 14735 Main Street, specifically at the secured entrance of the parking garage that is immediately next to the Bourne Wing/Commissioner’s entrance, designated by the presence of the picnic table, Upper Marlboro, Maryland, on
TUESDAY, MAY 20, 2008,
at 10:00 a.m.
All that property situate in PRINCE GEORGE’S County, State of Maryland described as:
Being a parcel of land lying on the southeasterly side of Mount Pleasant
Road, just easterly of Old Crain Highway in the Marlboro (3rd) Election District of Prince George’s County, Maryland and being part of the land that Anne Thereasa Scrivener and Paul F. Summers, Jr., Personal Representatives of The Estate of Evalina S. Summers conveyed to Edwin Hill Summers and Mildred F. Summers, his wife, by deed dated October 14, 1986 and recorded among the Land Records of Prince George’s County, Maryland in Liber 6456 at Folio 787 and being more particularly described as follows:
Beginning for the same at a point on the southeasterly right of way line of Mount Pleasant Road (40’ wide), said point being South 65o 02’ 57” West 48.81 feet from the southwesterly right of way line of Old Crain Highway; thence running with said Mount Pleasant Road right of way line
1. North 44o 56’ 51” East 115.47 feet to a point on the northerly
outline of the above mentioned conveyance; then running with
said outline
2. North 88o 02’ 03” East 795.08 feet to a point; thence leaving
said outline and running with lines of division now being
established the following three (3)
courses and distances
3. South 08o 17’ 28” West 271.48 feet to an iron pipe set; thence
4. North 76o 56’ 24” West 310.27 feet to an iron pipe set; thence
5. North 80o 29’ 47” West 542.24 feet to the point of beginning.
Containing 3.25 Acres of land, more or less.
From sources deemed reliable, but not guaranteed, it is believed that the property is improved by a dwelling.
TERMS OF SALE: A deposit of Ten Thousand Dollars ($10,000.00) will be required of the purchaser in the form of certified or cashier’s check on the day of sale. The Beneficiary of the Deed of Trust, if a bidder, shall not be required to make a deposit. Interest at the rate of ten percent (10%) per annum shall be paid on the unpaid purchase price from the date of sale to the date of settlement if the property is purchased by someone other than the Beneficiary. The balance of the purchase price shall be paid in cash within fifteen (15) days of final ratification of the sale by the Circuit Court for Prince George’s County, time being of the essence. If compliance with the terms of sale does not take place within fifteen (15) days after final ratification, the deposit shall be forfeited and the property resold at the risk and expense of the defaulting purchaser. All past due property taxes shall be paid by the purchaser. All other public charges or assessments, including water and sewer charges, ground rent, condominium/HOA dues, whether incurred prior to or after the sale, shall be paid by the purchaser. The costs of all recordation and transfer taxes, any agricultural use or transfer tax, and any and all other settlement costs incident to the recording of the deed to the purchaser shall be borne by the purchaser.
The Trustee reserves the right to reject any and all bids in his sole and absolute discretion and to extend the settlement date. Purchaser assumes the risk of loss to the property immediately after sale and shall be solely responsible for obtaining possession of the property.
Conveyance of the property shall be by substitute trustee’s deed, without covenant or warranty, express or implied, unless otherwise required by statute, court rule or the Deed of Trust. If for any reason the Trustee is unable to convey title, the purchaser’s sole remedy at law and equity shall be limited to the refund of the deposit to the purchaser. Upon refund of the deposit, the sale shall be null and void and have no further force and effect, and the purchaser shall have no claim against the Trustee, Beneficiary, or Auctioneers.
The information contained herein was obtained from sources deemed to be reliable, but is offered for information purposes only. The Trustee, Beneficiary and Auctioneers make no representations or warranties with respect to the accuracy of this information, and the purchaser waives and releases the Trustee, Beneficiary and Auctioneers from any and all claims the purchaser or purchaser’s successors or 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. This advertisement, as amended or supplemented by any oral announcements during the conduct of the sale, constitutes the entire terms upon which the property shall be offered for sale.
MATTHEW A. EGELI,
Substitute Trustee
ROBERT H. CAMPBELL & ASSOCIATES, LLC
Auctioneers & Appraisers
Established 1947
410-778-4235 Chestertown
410-263-5808 Annapolis
Members:
National & Maryland Auctioneers Associations
Anne Arundel Co. License Nos.
00077, 00078, 00147
www.CampbellAuctions.com
