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Robert H. Campbell & Associates, LLC Auctioneers and Appraisers
Established 1947
info@CampbellAuctions.com









811 High St.
Chestertown, MD 21620
(410) 778-4235
Fax (410) 267-7632
121 Prince
George St.
Annapolis, MD 21401
(410) 263-5808
Fax (410) 263-8427

National
Auctioneers' Association

Auctioneers'
Association of Maryland

Graduate Personal Property Appraiser

Accredited Auctioneer Real Estate

CAI Auctioneer


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HARTMAN and EGELI, LLP
116 Defense Highway, Suite 300
Annapolis, Maryland 21401-7047
SUBSTITUTED TRUSTEE’S SALE
OF
VALUABLE,
IMPROVED, FEE-SIMPLE PROPERTY
Known as:
5523
Volta Avenue,
Bladensburg, Maryland 20710
Under and by virtue of the power of sale contained in a Deed of
Trust dated December 29, 20066, from Henry A. Guzman a/k/a Henry A.
Guzman Alvarado to Jovetta Woodard and Patricia Robinson, as
Trustees, and SunTrust Bank, as Beneficiary, recorded among the Land
Records of Prince George’s County, Maryland, in Liber 27568, folio
277, 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 10:20 a.m.
All that property situate in
PRINCE GEORGE’S County, State of Maryland described as:
Lot numbered Six (6) in Block lettered “K” in the
subdivision known as “SECTION TWO (2) WASHINGTON SUBURBAN HOMES,” in
Prince George’s County, Maryland, as per plat thereof recorded in
Plat Book BB 10 at Plat 74, one of the Land Records of said Prince
George’s County, Maryland.
The
property will be sold in “as is” condition, subject to any and all
covenants, conditions, restrictions, easements, rights of redemption
and other encumbrances, whether or not of record, and with no
warranties.
TERMS OF
SALE: A deposit of Five Thousand
Dollars ($5,000.00) 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. The property is being sold subject to an existing first
mortgage in favor of Option One Mortgage Corporation, successor in
interest to SunTrust Mortgage, Inc., having an original principal
balance of $194,000.00, which the successful bidder will pay in full
at settlement. 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
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