Important Update(s)
Howard County

EFFECTIVE 07/06/2021 Sales will now take place at the new Courthouse located at 9250 Judicial Way formerly known as Bendix Road

Washington D.C.

PLEASE NOTE: In the event that the office building at 5335 Wisconsin Ave is closed, all scheduled Washington, DC sales will take place at the front entrance door of the Chevy Chase Pavilion

Login
Auction Details

Legal Address: 2005 PEABODY STREET HYATTSVILLE MD 20782

Property Geocode:

Sale Date: 2025-03-13

Sale Time: 12:00 PM

Online Views: 12

Publication

Pardo & Drazin, LLC

Russell S. Drazin, Attorney

4400 Jenifer Street, NW, Suite 2

Washington, DC 20015

202-223-7900

SUBSTITUTE TRUSTEE’S SALE

OF REAL PROPERTY

2005 Peabody Street

Hyattsville, MD 20782

Account ID 17-1969088

Under a power of sale contained in a certain Deed of Trust (“Deed of Trust”) dated January 5, 2021 and recorded on February 2, 2021 in Book 44783 at Page 550 from Herman George Lucas (“Borrower”), as grantor, to Daniel Huertas (“Original Trustee”), as trustee, for the benefit of WCP Fund I LLC, as beneficiary, securing that certain Commercial Deed of Trust Note dated January 5, 2021 in the principal amount of $125,250.00, default having occurred under the terms thereof, and pursuant to a Deed of Appointment of Substitute Trustee dated October 6, 2023 and recorded on October 6, 2023 in Book 49190 at Page 469 removing Original Trustee under the Deed of Trust and appointing Russell S. Drazin (“Trustee”) as substitute trustee under the Deed of Trust, Trustee will sell at public auction at the front entrance of the Circuit Court for Prince George’s County located at 14735 Main Street, Upper Marlboro, Maryland, on

MARCH 13, 2025 AT 12:00 PM

ALL THAT FEE-SIMPLE LOT OF GROUND AND ANY IMPROVEMENTS THEREON situated in Prince George’s County, Maryland, commonly known 2005 Peabody Street, Hyattsville, MD 20782, and more fully described in the Deed of Trust, as well as ALL PERSONAL PROPERTY encumbered by the Deed of Trust (collectively, “Property”).

The Property will be sold in an “AS IS” condition and subject to recorded covenants, conditions, restrictions, agreements, and senior liens, if any, and with no warranty of any kind.

TERMS OF SALE: A deposit of $20,000.00 by cashier’s check will be required of the purchaser at the time and place of sale. The balance of the purchase price to be paid in cash or certified funds within ten (10) days of final ratification of the sale by the Circuit Court for Prince George’s County. Interest to be paid on the unpaid purchase money at the rate in effect under the debt instrument secured by the Deed of Trust from the date of sale to the date of settlement. Secured Party, if a bidder, shall not be required to post a deposit or to pay interest.

Purchaser shall settle within ten (10) days of final ratification of the sale by the Circuit Court for Prince George’s County. TIME SHALL BE OF THE ESSENCE WITH RESPECT TO SETTLEMENT BY PURCHASER. Cost of all documentary stamps (recordation taxes), transfer taxes and settlement expenses shall be borne by purchaser. Taxes, ground rent, water, and sewer, if applicable, are to be adjusted for the current year to the date of sale and assumed thereafter by purchaser.

In the event purchaser does not settle as required for any reason, purchaser shall be in default. Upon such default, Trustee may file a motion to resell the Property at the risk and expense of defaulting purchaser. Purchaser hereby consents to entry of such resale Order without further notice. Defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the Property, and the deposit shall be forfeited to the Trustee and all of the expenses of this sale (including attorneys’ fees and full commission on the gross sale price) shall be charged against and paid out of the forfeited deposit. Purchaser shall pay all attorneys’ fees and costs, and all other damages of any kind or nature, incurred by Trustee and the secured party, and their respective agents, employees, successors and assigns, in connection with any such default.

If Trustee is unable to convey title, purchaser’s sole remedy at law and in equity shall be limited to a refund of the deposit and the sale shall be considered null and void and of no effect.

Purchaser shall be responsible for obtaining physical possession of the Property. Purchaser assumes the risk of loss or damage to the Property from the date of sale forward.

Trustee reserves the right, in his sole discretion, to reject any and all bids, to withdraw the Property from sale at any time before or at the auction, to extend the time to receive bids, to waive or modify the deposit requirement, to waive or modify the requirement that interest be paid on the unpaid purchase money, and/or to extend the period of time for settlement.

Additional terms may be announced at the sale. Purchaser will be required to execute and deliver to Trustee a contract of the sale at the conclusion of the bidding.

Russell S. Drazin, Substitute Trustee

HARVEY WEST AUCTIONEERS, LLC

300 E. Joppa Road, Suite 1103, Towson, MD 21286

410-769-9797

--------------------------------------------------------------------------------------------------------------------

THE WASHINGTON POST – Feb. 25, Mar. 4 & 11, 2025

Google Map View
Auction Data Disclaimer

We CANNOT be held responsible for errors in this listing. This list is provided as a service for an AT A GLANCE preview of future auction sales. Please refer to most recent corresponding legal advertisements for further information..... all information found in latest legal advertisements SUPERCEDES information found in this bulletin.