BRADFORD I. WEBB, ASSIGNEE 

MICHAEL S. LEVIN, ASSIGNEE 

ASSIGNEES' SALE

OF A 

SINGLE-FAMILY DWELLING

319 Chesapeake Avenue 

Crisfield, Maryland 21817

Under and by virtue of the power of sale contained in a certain Mortgage from Jimmie F. Miles to Farmers Home Administration n/k/a/ Rural Housing Service, U. S. Department of Agriculture dated June 27, 1988 and recorded in Liber 375, Folio 293 among the Land Records of Somerset County, Maryland, the holder of the indebtedness secured by a Mortgage assigned to Bradford I. Webb and Michael S. Levin, Assignees by instrument duly executed, acknowledged and recorded among the Land Records of the County aforesaid, default having occurred under the terms thereof, an Order to Docket having been filed and at the request of the parties secured thereby, the undersigned Assignees will offer for sale at public auction

AT THE SOMERSET COUNTY CIRCUIT COURT COURTHOUSE STEPS ON FRIDAY, NOVEMBER 2, 2001 AT 2:30 PM

ALL THAT LOT OF GROUND AND THE IMPROVEMENTS THEREON situated in Somerset County, Maryland and described as follows:

Being located on the North side of Chesapeake Avenue and being laid down and described on the Tax Map as No. 4-93-3 and being listed and described more fully as Parcel B in a deed from Julian Tyler, Clerk-Treasurer and Collector of Taxes for the City of Crisfield, to the City of Crisfield by deed dated April 15, 1983 and recorded among the Land Records of Somerset County in Liber I.T.P. No. 337, folio 393.

The property is improved by a dwelling. In fee-simple.

The property and improvements will be sold in an "AS IS" condition and subject to conditions, restrictions and agreements of record affecting same, including building and/or environmental violations, if any, with no warranty, expressed or implied as to the description or condition of the property or improvements.

TERMS OF SALE: A cash deposit, certified check or other method of payment acceptable to Assignees, for Five Thousand Dollars ($5,000.00) at the time of sale will be required of all purchasers other than the mortgage holder. Balance of the purchase price is to be paid in cash within ten (10) business days of the final ratification of sale by the Circuit Court for Somerset County. If payment of the balance does not take place within ten (10) business days of ratification, the deposit will be forfeited and the property will be resold at the risk and expense of the defaulting purchaser. Unless purchased by the mortgage holder, interest will be paid on unpaid purchase money at the rate of interest set forth in the note from date of sale to date of settlement. Taxes, water rent and ground rent, if any, to be. adjusted to date of sale. All other public charges and assessments payable on an annual basis to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. Cost of all documentary stamps and transfer taxes shall be borne by the purchaser. Purchaser shall be responsible for removing anyone in possession of the premises.

If Assignees are unable to convey good and marketable title, the purchaser's sole remedy in law or in equity shall be limited to a refund of the deposit. Upon refund of the deposit, the sale shall be void and of no effect, and the purchaser shall have no further claim against the Assignees.

For further information contact Rural Development, USDA at (410) 632-0616.

BRADFORD I. WEBB, Assignee 

MICHAEL S. LEVIN, Assignee 

Telephone Number: [410] 848-8888

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