BRADFORD I. WEBB, ASSIGNEE
MICHAEL S. LEVIN, ASSIGNEE
ASSIGNEES' SALE
OF A
SINGLE-FAMILY DWELLING
61 Louise Court
Rising Sun, Maryland 21911
	Under and by virtue of the power of sale contained in a certain Mortgage 
from Collette Y. Delp to Farmers Home Administration n/k/a/ Rural Housing Service, 
U. S. Department of Agriculture dated February 23, 1990 and recorded in Liber 299, 
Folio 643 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 12:00 PM
ALL THAT LOT OF GROUND AND THE IMPROVEMENTS THEREON situated in Cecil 
County, Maryland and described as follows:
	Lot No. 61, on a Plat entitled "Resubdivision of Lots 61 thru 77, Section 
4, Valley View Village" which plat is recorded among the Land Records of Cecil 
County in Subdivision Plat Book W.A.S. No. 4, folio 41.
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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