TRUSTEE’S SALE
OF

VALUABLE, IMPROVED
 CONDOMINIUM REAL ESTATE

Known as:

436 Hardmoore Court
Glen Burnie, MD 21061

            Under and by virtue of a Decree for Sale of Premises by the Circuit Court for Anne Arundel County, MD dated September 4, 2007, in a case captioned Council of Unit Owners of Elvaton Towne Condomminium, Regime Two v. Sun T. Singleton (Case No. C-07-123899) with John M. Oliveri, Esq., being appointed as Trustee in said order to sell said property, the undersigned will offer for sale at Public Auction at the premises of 436 Hardmoore Court, Glen Burnie, MD 21061, on

MONDAY, NOVEMBER 5, 2007
AT 10:00 O'CLOCK A.M.

          ALL THAT property situated in Anne Arundel, Maryland and described as follows: 

BEING KNOWN AND DESIGNATED AS PHASE 11, BUILDING NO. 12, UNIT NO. 1, BEING ALSO KNOWN AS 436 HARDMOORE COURT, AS SET FORTH ON THE TENTH SUPPLEMENTAL CONDOMINIUM PLAT FOR ELVATON TOWNE CONDOMINIUM, REGIME TWO, PHASE 11, CONSISTING OF 5 SHEETS AND RECORDED AMONG THE LAND RECORDS FOR ANNE ARUNDEL COUNTY IN CONDOMINIUM PLAT BOOK e11, FOLIO 35 THRU 39, INCLUSIVE, TOGETHER WITH AN UNDIVIDED 1/217 INTEREST IN THE COMMON ELEMENTS AS DEFINED IN THE DECLARATION FOR ELVATON TOWNE CONDOMINIUMS, REGIME TWO, DATED MAY 27, 1975 AND RECORDED AMONG THE LAND RECORDS OF SAID COUNTY IN LIBER 2764, FOLIO 78. 

(1) DECLARATION FOR ELVATON TOWNE CONDOMINIUM REGIME TWO DATED MAY 27, 1975 AND RECORDED AMONG THE LAND RECORDS OF ANNE ARUNDEL COUNTY IN LIBER 2764, FOLIO 76 AS AMENDED BY THE FOLLOWING: (a) FIRST AMENDMENT TO THE DECLARATION DATED FEBRUARY 10, 1976 AND RECORDED AMONG THE LAND RECORDS OF ANNE ARUNDEL COUNTY IN LIBER 2831, FOLIO 620 (b) SECOND AMENDMENT TO THE DECLARATION DATED MAY 24, 1976 AND RECORDED AMONG THE LAND RECORDS OF ANNE ARUNDEL COUNTY IN LIBER 2856 FOLIO 777 (c) THIIRD AMENDMENT TO THE DECLARATION DATED AUGUST 30, 1976 AND RECORDED AMONG THE LAND RECORDS OF ANNE ARUNDEL COUNTY IN LIBER 2888, FOLIO 639 (d) FOURTH AMENDMENT TO THE DECLARATION DATED SEPTEMBER 29, 1976 AND RECORDED AMONG THE LAND RECORDS OF ANNE ARUNDEL COUNTY IN LIBER 2894, FOLIO 353 (e) FIFTH AMENDMENT TO THE DECLARATION DATED FEBRUARY 4, 1977 AND RECORDED AMONG THE LAND RECORDS OF ANNE ARUNDEL COUNTY IN LIBER 2934, FOLIO 049 (f) SIXTH AMENDMENT TO THE DECLARATION DATED FEBRUARY 22, 1977 AND RECORDED AMONG THE LAND RECORDS OF ANNEA RUNDEL COUNTY IN LIBER 2945, FOLIO 55 (g) SEVENTH AMENDMENT TO THE DECLARATION DATED JULY 19, 1977 AND RECORDED AMONG THE LAND RECORDS OF ANNE ARUNDEL COUNTY IN LIBER 2987, FOLIO 475 (h) EIGHTH AMENDMENT TO THE DECLARATION DATED OCTOBER 4, 1977 AND RECORDED AMONG THE LAND RECORDS OF ANNE ARUNDEL COUNTY IN LIBER 3010, FOLIO 673 (I) NINTH AMENDMENT TO THE DECLARATION DATED NOVER 11, 1977 AND RECORDED AMONG THE LAND RECORDS OF ANNE ARUNDEL COUNTY IN LIBER 3027, FOLIO 435 (j) TENTH AMENDMENT TO THE DECLARATION DATED MARCH 4, 1978 AND RECORDED AMONG THE LAND RECORDS OF ANNE ARUNDEL COUNTY IN LIBER 3065, FOLIO 82. 

(2) BYLAWS OF ELVATON TOWNE CONDOMINIUM, REGIME TWO, RECORDED AMONG THE LAND RECORDS OF ANNE ARUNDEL COUNTY IN LIBER 2764, FOLIO 103.

The improvements thereon being known and designated as 436 Hardmoore Court, Glen Burnie, MD 21061.

The subject property is being sold subject to a Deed of Trust in favor of Fremont Investment & Loan, Beneficiary - Mortgage Electronic Registration Systems, Inc., dated October 31, 2005, and recordd among the Land Records of Anne Arundel County, MD in Liber 17059, folio 412 in the original amount of $188,000.00. The exact balance of which, in known, shall be announced at the time and place of auction.
 

TERMS OF SALE: The property will be sold in "as is" condition, subject to any and all covenants, conditions, restrictions, easements, rights of way and limitations of record, and with no warranties. The property will be sold subject to any building or housing violations, easements, agreements, restrictions, terms, rights of way, covenants, conditions, rights of redemption, and other encumbrances, if any, affecting the subject property, whether or not of record.
 

A deposit of Ten Thousand Dollars ($10,000.00) will be required of the purchaser in the form of certified or cashier's check on the day of sale. The Beneficiary, or any subsidiary of beneficiary, named in the Decree of Sale, if a bidder, shall not be required to make a deposit. Interest at the rate of 1.0% per month shall be paid on the unpaid purchase price from the date of sale to the date of settlement if the property is purchased by someone other than the Beneficiary. The balance of the purchase price shall be paid in cash within ten (10) days of final ratification of the sale by the Circuit Court for Anne Arundel County, time being of the essence. If compliance with the terms of sale does not take place within ten (10) days after final ratification, the deposit shall be forfeited and the property resold at the risk and expense of the defaulting purchaser. Taxes, water rent, and all other public charges and assessments payable on an annual or periodic basis, including sanitary and metropolitan district charges and special paving taxes, and condominium fees, if any, will be adjusted as of the date of sale and thereafter shall be paid by the purchaser. The cost of all recordation and transfer taxes, any agricultural use or transfer tax, and any and all other costs incident to the recording of the deed to the purchaser shall be borne by the purchaser. Purchaser also agrees to pay $295.00 at settlement to the Seller's attorney for review of all settlement documents.
 

The Trustee reserves the right to reject any and all bids in his sole and absolute discretion and to extend the settlement date. Purchaser assumes the risk of loss to the property immediately after sale and shall be solely responsible for obtaining possession of the property.
 

Conveyance of the property shall be by trustee's deed, without covenant or warranty, expressed or implied, unless otherwise required by statute, court rule or the Deed of Trust. If for any reason the Trustee is unable to convey title, the purchaser's sole remedy at law and equity shall be limited to the refund of the deposit to the purchaser. Upon refund of the deposit, the sale shall be null and void and have no further force or effect, and the purchaser shall have no claim against the Trustee, Beneficiary, or Auctioneers.
 

The information contained herein was obtained from sources deemed to be reliable, but is offered for information purposes only. The Trustee, Beneficiary, and Auctioneers make no representations or warranties with respect to the accuracy of this information, and the purchaser waives and releases the Trustee, Beneficiary, and Auctioneers from any and all claims the purchaser or purchaser's successors or assigns may now have or may have in the future relating to the condition of the property, including, but not limited to, the environmental condition thereof. This advertisement, as amended or supplemented by any oral announcements during the conduct of the sale, constitutes the entire terms upon which the property shall be offered for sale.

John M. Oliveri
Trustee

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