TRUSTEE’S SALE
of
Valuable, Improved, Condominium Real Estate
known as
2700 SUMMERVIEW WAY, UNIT 102
ANNAPOLIS, MD 21401
Under and by virtue of a Decree for Sale of Premises by the Circuit Court for Anne Arundel County, MD dated March 13, 2008, in a case captioned Council of Unit Owners of New Summer Place Condominium v. Judy Bareilles (Case No. C-08-129950) with John M. Oliveri, Esq., being appointed as Trustee in said order to sell said property, the undersigned will offer for sale at Public Auction at the premises of 2700 Summerview Way, Unit 102, Annapolis, MD 21401, on
WEDNESDAY, MAY 28, 2008
AT 10:00 O'CLOCK A.M.
All that lot or parcel of ground, situate, lying and being in Anne Arundel County, State of Maryland, and described as follows:
BEING KNOWN AND DESIGNATED as Unit Number 6102 as shown on a Plat entitled, "New Summer Place - North Village Condominium Riva Tract, Section Five", which plat is recorded among the Land Records of Anne Arundel County in Plat Book #43, pages 34, 35, 36, and 37. The improvements thereon being known as 2700 Summerview Way, #102, Annapolis, Maryland.
TOGETHER with the rights, duties and obligations set forth in the Condominium Declarations recorded among the aforesaid Land Records in Liber 3949, folio 516; Liber 4052, folio 843; Liber 4059, folio 577; Liber 4059, folio 588; Liber 4059, folio 592, Liber 4310, folio 230; Liber 4754, folio 373; Liber 4754, folio 638 and as set forth in the Amendments to the Declaration recorded in Liber 4830, folio 72; Liber 4864, folio 277, Liber 4911, folio 490; and as set forth in the By-Laws recorded in Liber 4059, folio 592.
SUBJECT to and together with an undivided interest in the common elements and any and all other rights, interest, or obligations arising pursuant to the aforesaid Declaration and By-Laws, and any Amendments thereto.
TAX ID NO. 2-65590069285.
The subject property is being sold subject to a Deed of Trust in favor of Washington Mutual Bank, F.A., dated September 20, 2004, and recorded among the Land Records of Anne Arundel County, MD in Book 15396, page 620, in the original amount of $200,000. The exact balance of which, if known, shall be announced at the time and place of auction.
TERMS OF SALE: The property will be sold in "as is" condition, subject to any and all covenants, conditions, restrictions, easements, rights of way and limitations of record, and with no warranties. The property will be sold subject to any building or housing violations, easements, agreements, restrictions, terms, rights of way, covenants, conditions, rights of redemption, and other encumbrances, if any, affecting the subject property, whether or not of record.
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, or any subsidiary of beneficiary, named in the Decree of Sale, if a bidder, shall not be required to make a deposit. Interest at the rate of 1.0% per month 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 ten (10) days of final ratification of the sale by the Circuit Court for Anne Arundel County, time being of the essence. If compliance with the terms of sale does not take place within ten (10) days after final ratification, the deposit shall be forfeited and the property resold at the risk and expense of the defaulting purchaser. Taxes, water rent, and all other public charges and assessments payable on an annual or periodic basis, including sanitary and metropolitan district charges and special paving taxes, and condominium fees, if any, will be adjusted as of the date of sale and thereafter shall be paid by the purchaser. The cost of all recordation and transfer taxes, any agricultural use or transfer tax, and any and all other costs incident to the recording of the deed to the purchaser shall be borne by the purchaser. Purchaser also agrees to pay $295.00 at settlement to the Seller's attorney for review of all settlement documents.
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 trustee's deed, without covenant or warranty, expressed 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 or 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.
John M. Oliveri
Trustee
ROBERT H. CAMPBELL & ASSOCIATES, LLC
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