ASSIGNEE'S SALE OF RESIDENTIAL REAL ESTATE
709 LOCUST STREET, CAMBRIDGE, MARYLAND
Pursuant to power of sale contained in a Mortgage filed for foreclosure in Case No. 09-C-15-0022791 in the Circuit Court for Dorchester County, Maryland, the undersigned Assignee will offer the following described real estate for sale to the highest bidder at public auction to be held at front steps of the Dorchester County Circuit Courthouse, 206 High Street, Cambridge,Maryland, on
MONDAY, FEBRUARY 22,2016, at the HOUR OF 10:00 A.M.
ALL that tract or parcel of land situate, lying and being in the City of Cambridge, Cambridge
Election District of Dorchester County, Maryland, on the Northeast side of Locust Street, and being known and designated as 709 Locust Street, Cambridge, Maryland. Being all and the same property conveyed unto Brian Ragle and Deborah Archer by Deed dated January 7, 2012, and recorded among the Land Records for Dorchester County, Maryland, in Liber No. 1066, Folio 203; and reference to said deed is made for a more particular description of the
property. IMPROVEMENTS: The property is improved by a residential dwelling known as 709 Locust Street, Cambridge, Maryland, and is identified by tax account number 07-119089.
TERMS OF SALE: The property will be sold to the highest bidder at public auction. The purchaser will be required to tender on account of the purchase price at the time and place of sale cash, certified funds, or check acceptable to the undersigned, in the amount of Ten Thousand Dollars ($1 0,000.00). If the party secured by the Mortgage is the successful bidder, no deposit will be required, and the cash deposit or price shall be credited against the obligation. The deferred
portion of the purchase price shall be evidenced by the Promissory Note of the Buyer, bearing no interest provided settlement is made and the full price tendered on or before fifteen days after the date of ratification of the sale by the Circuit Court for Dorchester County, Maryland; otherwise the deferred portion of the purchase price shall bear interest from the date of sale at the rate of ten percentum (10%) per annum. Neither the Assignee nor the auctioneer make any representation or warranty concerning the property or the improvements, the same being sold "as is"; and, if for any reason the Assignee is unable to deliver good and marketable title, subject only to easements, rights of way and residential use restrictions of record, the sole and exclusive remedy of the Buyer shall be a refund of the deposit money. Neither Assignee, auctioneer or note holder are aware of any violation of any federal, state or municipal environmental law or regulation; however, in the event any such violations exist, they are not responsible for same. All settlement costs, including, but not limited to, document preparation, recordation and transfer taxes, including agricultural transfer tax, if any, recording costs, and title examination, if any, shall be the obligation of the Buyer. State, County, and municipal property taxes and assessments, shall be adjusted as of the date of sale. Buyer shall be entitled to possession upon final settlement and payment of the purchase price in full, which shall occur not later than fifteen days after final ratification of the sale by the Circuit Court for Dorchester County, Maryland, time being of the essence.
FOR FURTHER INFORMATION, please contact the undersigned Assignee or the
auctioneer.
Pete Richardson Auction Sales, Inc.
410-546-2425
John b Robins, IV
Assignee
410 749 3791