TRUSTEE’S SALE

Of valuable
IMPROVED CONDOMINIUM REAL ESTATE
known as

482  Mainview 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 March 31, 2008, in a case captioned Council of Unit Owners of Elvaton Towne Condominium, Regime Two v. Balla Guilavogui (Case No. C-08-130704) 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 482 Mainview Ct., Glen Burnie, MD 21061, on
 

TUESDAY, MAY 20,  2008
AT 10:00 O'CLOCK A.M.
 

          All that lot or parcel of ground, situate, lying and being in Anne Arundel County, State of Maryland, and described as follows, that is to say:
 

BEING KNOWN as Unit No. 6-15-8 (known as No. 482 Mainview Court) Elvaton Towne Condominium, Regime Two as said Unit and said Condominium Regime are established pursuant to the Declaration for Elvaton Towne Condominiums, Regime Two and By-Laws for Elvaton Towne Condominiums, Regime Two dated May 27, 1975 and recorded among the Land Records of Anne Arundel County respectively in Liber W.G.L. No. 2764, folios 78 et seq. and 103 et seq. and pursuant to the First Amendment to the Declaration for Elvaton Towne Condominiums Regime Two dated February 10, 1976 and recorded among the Land Records of Anne Arundel County in Liber W.G.L. 2831, folio 620, et seq. and pursuant to the Second Amendment to the Declaration for Elvaton Towne Condominiums Regime Two dated May 24, 1976 and recorded among the Land Records of Anne Arundel County in Liber W.G.L. 2856, folio 777, et seq. and pursuant to the Third Amendment to the Declaration for Elvaton Towne Condominiums  Regime Two dated August 30, 1976 and recorded among the Land Records of Anne Arundel County in Liber W.G.L. 2888, folio 639, et seq. and pursuant to the Fourth Amendment to the Declaration for Elvaton Towne Condominiums Regime Two, dated September 29, 1976 and recorded among the Land Records of Anne Arundel County in Liber W.G.L. 2894, folio 353, et seq. and pursuant to the Fifth Amendment to the Declaration for Elvaton Towne Condominiums Regime Two, dated February 1, 1977 and recorded among the Land Records of Anne Arundel County in Liber W.G.L. 2934, folio 659, et seq. and pursuant to the Condominium Plats for Elvaton Towne Condominiums, Regime Two, Phases 1, 2, 3, 4, 5 and 6 recorded among the aforesaid Land Records in Plat Book W.G.L. No. 3, folio 22, et seq., and in Plat Book W.G.L. No. 5, folios 45 through 50, and in Plat Book W.G.L. No. 6, folio 1 et seq., and in Plat Book W.G.L. No. 6 folios 22 through 26, and in Plat Book W.G.L. No. 6 folios 22 through 26, and in Plat Book W.G.L. N0. 56, folio 16, and W.G.L. No. 57, folio 5, and in Plat Book W.G.L. No. 7, folio 5 through 11, and in Plat Book W.G.L. No. 7, folios 16 through 20, and in Plat Book W.G.L. No. 8, folios 26 through 32. The improvements thereon being known as 482 Mainview Court, Glen Burnie, Maryland 21061. Tax ID# 3256-9000-8492.
 

BEING THE SAME lot or parcel of ground which by deed dated November 6, 1987 and recorded among the Land Records of Anne Arundel County in Liber 4527, folio 674 was granted and conveyed from James A. Elling and Isabel A. Ridge unto the herein named foreclosed party.
 

The subject property is being sold subject to a Deed of Trust in favor of WMC Mortgage Corp, Beneficiary - Mortgage Electronic Registration Systems, Inc., dated October 4, 2005, and recorded among the Land Records of Anne Arundel County, MD in Book 17010, page 738, in the original amount of $185,600.00; and a Deed of Trust in favor of WMC Mortgage Corp, Beneficiary - Mortgage Electronic Registration Systems, Inc., dated October 4, 2005, and recorded among the Land Records of Anne Arundel County, MD in Book 17010, page 761, in the original amount of $46,400.00. The exact balances of which, if 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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