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0012275512

0012275512

Washington Post (The), Oct 24, 2019

7538 13TH STREET NW, WASHINGTON, DC 20012 In execution of the Superior Court for the District of Columbia’s Decree of Sale in Case # 2017 CA 002201 R (RP), the undersigned Substitute Trustee(s) will offer for sale the  property known as 7538 13TH STREET NW, WASHINGTON, DC 20012 at public auction within the offices of, HARVEY WEST AUCTIONEERS, INC.  5335 Wisconsin Avenue NW Suite 440, Washington, DC 20015 202-463-4567 On OCTOBER 29, 2019 AT 11:00 A.M., the land and premises situated in the District of Columbia, and designated as and being Lot 0008 in Square 2774, and more particularly described in the Deed of Trust recorded in the Land Records of the District of Columbia, on DECEMBER 17, 2010 as Instrument Number 2010111842. The property will be sold by Trustee's Deed "as is" without any covenant, expressed or implied, in Fee Simple, subject to conditions, restrictions, easements, and all other recorded instruments superior to the Deed of Trust referenced above, and subject to ratification by the Court TERMS OF SALE:  A deposit of the lesser of $13,000.00 or 10% of the sale price will be required at time of sale  in certified funds CASH WILL NOT BE ACCEPTED. The deposit required to bid at the auction is waived for the Noteholder and any of its successors or assigns.  The Noteholder may bid up to the credit and may submit a written bid to the Trustee which shall be announced at sale.  The balance of the purchase price is to be paid in cash within 60 days of final ratification of the sale by the Court.  TIME IS OF THE ESSENCE: If purchaser fails to settle within the aforesaid SIXTY (60) days of the ratification, the purchaser agrees to pay the Substitute Trustees' reasonable attorney fees as ordered by the Court, plus all costs incurred, if the  Substitute Trustees have filed the appropriate motion with the Court to resell the property. Purchaser waives personal service of any paper filed with the Court in connection with such motion and any Show Cause Order issued by the Court and expressly agrees to accept service of any such paper or Order by certified mail and regular mail sent to the address provided by the purchaser and as recorded on the documents executed by the purchaser at the time of the sale. Service shall be deemed effective upon the purchaser 3 days after postmarked by the United States Post Office. It is expressly agreed by the purchaser that actual receipt of the certified mail is not required for service to be effective. If the purchaser fails to go to settlement the deposit shall be forfeited to the Substitute Trustees and all expenses of this sale (including attorney fees and full commission on the gross sales price of the sale) shall be charged against and paid from the forfeited deposit. In the event of resale the defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the property regardless of any improvements made to the real property. Interest is to be paid on the unpaid purchase money at the rate contained in the Deed of Trust Note from the date of sale to the date the funds are received in the office of the Substitute Trustees. In the event that the settlement is delayed for ANY REASON WHATSOEVER, there shall be no abatement of interest. Taxes, water rent, condominium fees and/or homeowner association dues, all public charges/assessments payable on an annual basis, including sanitary and/or metropolitan district charges, if applicable, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. Purchaser shall be responsible for the costs of all transfer taxes, documentary stamps and all other costs incident to settlement. Purchaser shall be responsible for physical possession of the property. Purchaser assumes the risk of loss from the date of sale forward. The sale is subject to post sale audit by the Mortgage holder to determine whether the borrower filed bankruptcy, entered into any repayment/forbearance agreement, reinstated or paid off prior to the sale. In any such event the Purchaser agrees that upon notification by the Substitute Trustees of such event the sale is null and void and of no legal effect and the deposit returned without interest. Substitute Trustees' File No. 554283 JAMES E. CLARKE, AND RENEE DYSON,  SUBSTITUTE TRUSTEE(S)  C/O ORLANS PC 1602 Village Market Blvd SE, Suite 310 Leesburg, VA 20175 (703) 777-7101  OCTOBER 3, 10, 17, 24, 2019  12275512
© Nov 14, 2019, MDDC Press