Brock and Scott, PLLC
5431 Oleander Drive
Wilmington NC, 28403
SUBSTITUTE TRUSTEES' SALE OF
VALUABLE FEE SIMPLE PROPERTY
KNOWN AS
13956 Schaeffer Road
Germantown, MD 20874
Under
and by virtue of the power of sale contained in a certain Deed of Trust
to WAYNE LEE, Trustee(s), dated January 26, 2005, and recorded among the Land
Records of MONTGOMERY COUNTY, MARYLAND in Liber 29455 , folio 648 ,
the holder of the indebtedness secured by this Deed of
Trust having appointed the undersigned Substitute Trustees, by
instrument duly recorded among the aforesaid Land Records, default
having occurred under the terms thereof, and at the request of the party
secured thereby, the undersigned Substitute Trustee will offer for sale
at public auction at THE MONTGOMERY COUNTY COURTHOUSE LOCATED AT 50 MARYLAND AVENUE, ROCKVILLE, MD 20850
ON,
SEPTEMBER 24, 2025 at 11:00 AM
ALL THAT FEE SIMPLE LOT OF GROUND and improvements thereon situated in MONTGOMERY COUNTY, MD and described as follows:
PARCEL 2:
PART OF LOT NUMBERED THIRTEEN (13) IN BLOCK NUMBERED ONE (1) IN THE
SUBDIVISION KNOWN AS "KINGSVIEW KNOLLS" AS PER PLAT THEREOF RECORDED IN
PLAT BOOK 72 AT PLAT 6970 AMONG THE LAND RECORDS OF MONTGOMERY COUNTY,
MARYLAND AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT A POINT ON THE NORTH SIDE OF KINGSBROOK DRIVE IN SAID
SUBDIVISION, SAID POINT BEING THE FRONT COMMON CORNER OF LOTS 13 AND 14 AND
RUNNING WITH THE DIVIDING LINE BETWEEN SAID LOTS 13 AND 14; NORTH 30 EAST 140
FEET THENCE TO INCLUDE PART OF SAID LOT 13 NORTH 60 WEST 145 FEET TO THE EAST
SIDE OF SCHAEFFER ROAD; THENCE WITH SAID ROAD SOUTH 30 WEST 115 FEET;
THENCE LEAVING SAID ROAD SOUTH 15 EAST 35.36 FEET TO THE NORTH SIDE OF
KINGSBROOK DRIVE AFORESAID; THENCE WITH SAID ROAD SOUTH 60 EAST 120 FEET
TO THE PLACE OF BEGINNING.
PARCEL 3:
PART OF LOT NUMBERED FOURTEEN (14) IN BLOCK NUMBERED ONE (L) IN THE
SUBDIVISION KNOWN AS "KINGSVIEW KNOLLS" AS PER PLAT THEREOF RECORDED
AMONG THE LAND RECORDS OF MONTGOMERY COUNTY, MARYLAND IN PLAT BOOK 72
AT PLAT 6970, BEING DESCRIBED AS FOLLOWS:
BEGINNING FOR THE SAME AT A PIPE ON THE NORTHEASTERLY SIDE OF KINGSBROOK
DRIVE, SAID PIPE BEING AT THE DIVISION OF LOTS 13 AND 14 BLOCK 1, AS SHOWN ON A
PLAT OF SUBDIVISION OF KINGSVIEW KNOLLS, RECORDED IN PLAT BOOK 72, ON PLAT
6970 AMONG THE LAND RECORDS OF MONTGOMERY COUNTY, MARYLAND, THENCE
RUNNING WITH THE NORTHEASTERLY SIDE OF SAID DRIVE, S 60 00' E. 55.00 FEET TO A
POINT, THENCE LEAVING SAID DRIVE AND CROSSING TO INCLUDE A PART OF SAID LOT
14, N 30 00' E. 235.00 FEET TO THE MOST NORTHERLY POINT OF LOT 14, THENCE WITH
THE OUTLINES OF SAID LOT 14, S. 70 14' 01" W. 85.15 FEET, THENCE S. 30 00' W. 170.00
FEET TO THE PLACE OF BEGINNING.
The
property will be sold in an "AS IS WHERE IS" condition without either
express or implied warranty or representation, including but not limited
to the description, fitness for a particular purpose or use, structural
integrity, physical condition, construction, extent of construction,
workmanship, materials, liability, zoning, subdivision, environmental
condition, merchantability, compliance with building or housing codes or
other laws, ordinances or regulations, or other similar matters, and
subject to easements, agreements and restrictions of record which affect
the same, if any. The property will be sold subject to all conditions,
liens, restrictions and agreements of record affecting same including
any condominium and of HOA assessments pursuant to Md Real Property
Article 11-110.
TERMS OF SALE: A deposit of $53,500.00 payable
in certified check or by a cashier's check will be required from
purchaser at time of sale, balance in immediately available funds upon
final ratification of sale by the Circuit Court of MONTGOMERY COUNTY, MARYLAND
interest to be paid at the rate of 2% on unpaid purchase money
from date of sale to date of settlement. The secured party herein, if a
bidder, shall not be required to post a deposit. Third party purchaser
(excluding the secured party) will be required to complete full
settlement of the purchase of the property within TEN (10) CALENDAR DAYS
of the ratification of the sale by the Circuit Court otherwise the
purchaser's deposit shall be forfeited and the property will be resold
at the risk and expense, of the defaulting purchaser. All other public
charges and private charges or assessments, including water/sewer
charges, ground rent, taxes if any, to be adjusted to date of sale.
Cost of all documentary stamps and transfer taxes and all other costs
incident to the settlement shall be borne by the purchaser. If
applicable, condominium and/or homeowner association dues and
assessments will be adjusted to date of sale. If the sale is rescinded
or not ratified for any reason, including post sale lender audit, or the
Substitute Trustees are unable to convey insurable title or a resale is
to take place for any reason, the purchaser(s) sole remedy in law or
equity shall be limited to the refund of the aforementioned deposit. The
purchaser waives all rights and claims against the Substitute Trustees
whether known or unknown. These provisions shall survive settlement Upon
refund of the deposit, this sale shall be void and of no effect, and
the purchaser shall have no further claim against the Substitute
Trustees. The sale is subject to post-sale review of the status of the
loan and that if any agreement to cancel the sale was entered into by
the lender and borrower prior to the sale then the sale is void and the
purchaser's deposit shall be refunded without interest. Additional terms
and conditions, if applicable, maybe announced at the time and date of
sale. Sale is
subject to the attestation by the Borrower in accordance with Section 5.A of the Governor's order of 10.16.2020
. File No. (19-17234 )
JOHN ANSELL, JOHN C. HANRAHAN, BRENNAN FERGUSON, JEREMY B. WILKINS, AMANDA DRISCOLE, ROBERT OLIVERI, PAUL HEINMULLER, Substitute Trustees
Harvey West Auctioneers
300 E. Joppa Rd
Hampton Plaza-Suite 1103
Baltimore, MD 21286
www.hwestauctions.com
410-769-9797
Ad to appear in WASHINGTON POST, 09/09, 09/16, 09/23