Brock and Scott, PLLC
5431 Oleander Drive
Wilmington NC, 28403
SUBSTITUTE TRUSTEES' SALE OF
VALUABLE FEE SIMPLE PROPERTY
KNOWN AS
12112 College Pl
Princess Anne, MD 21853
Under
and by virtue of the power of sale contained in a certain Deed of Trust
to OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, Trustee(s), dated October 19, 2023, and recorded among the Land
Records of SOMERSET COUNTY, MARYLAND in Liber 1318 , folio 293 ,
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 SOMERSET COUNTY COURTHOUSE LOCATED AT 30512 PRINCE WILLIAM ST, PRINCESS ANNE, MD 21853
ON,
FEBRUARY 24, 2026 at 1:30 PM
ALL THAT FEE SIMPLE LOT OF GROUND and improvements thereon situated in SOMERSET COUNTY, MD and described as follows:
BEGINNING AT A POINT ON THE WESTERLY SIDE THEREOF AT THE NORTHEAST CORNER
OF THE LAND HEREIN DESCRIBED, THENCE (1) SOUTH 6 DEGREES 17 MINUTES 54
SECONDS WEST 58.61 FEET WITH SAID ROAD TO THE SOUTHEAST CORNER OF THE LAND
HEREIN DESCRIBED, THENCE (2) NORTH 83 DEGREES 42 MINUTES 06 SECONDS WEST 130
FEET TO THE SOUTHWEST CORNER OF THE LAND HEREIN DESCRIBED, THENCE (3)
NORTH 6 DEGREES 17 MINUTES 54 SECONDS EAST 58.61 FEET TO THE NORTHWEST
CORNER OF THE LAND HEREIN DESCRIBED, THENCE (4) SOUTH 83 DEGREES 42 MINUTES
06 SECONDS EAST 130 FEET TO THE FIRST MENTIONED POINT AND PLACE OF BEGINNING,
CONTAINING 7,619.30 SQUARE FEET, BEING LOT 28 OF BLOCK A ON A PLAT ENTITLED
"MANOKIN GLEN" PREPARED BY BURTON B. GORDY, REGISTERED SURVEYOR, DATED
JULY 1972 AND RECORDED AMONG THE LAND RECORDS OF SOMERSET COUNTY IN PLAT
BOOK I.T.P. NO. 8, FOLIO 98.
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 $13,000.00 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 SOMERSET COUNTY, MARYLAND
interest to be paid at the rate of 5.875 % 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. (25-11969 )
BRENNAN FERGUSON, JOHN C. HANRAHAN, 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 DAILY TIMES, 02/06, 02/13, 02/20