BRADFORD I. WEBB, ASSIGNEE MICHAEL S. LEVIN, ASSIGNEE ASSIGNEES' SALE OF A SINGLE-FAMILY DWELLING
42 Louise Court Rising Sun, Maryland 21911
Under and by virtue of the power of sale contained in a certain Mortgage from Harlan Burton, Jr. to Farmers Home Administration n/k/a/ Rural Housing Service,
U. S. Department of Agriculture dated September 20, 1985 and recorded in Liber 147,
Folio 761 among the Land Records of Cecil 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 CECIL COUNTY CIRCUIT COURT
ON THURSDAY, NOVEMBER 1, 2001 AT 12:15 PM
ALL THAT LOT OF GROUND AND THE IMPROVEMENTS THEREON situated in Cecil County, Maryland and described as follows:
Lot No. 42, Section I of Valley View Village Plat as recorded among the Land Records of Cecil County in Subdivision Plat Book. WAS. No. 3, folio 47.
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 Cecil 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) 392-4322.
BRADFORD I. WEBB, Assignee MICHAEL S. LEVIN, Assignee Telephone Number: [410] 848-8888

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