*SOLD @$200,000* 7167 OHIO AVE., HANOVER MD 21076
A deposit in the amount of $20,000.00 will be required at time of sale, such deposit to be in cash, cashier’s check, certified check or such other form as the Trustees may determine acceptable, in their sole discretion. Any such check shall be made payable to “Richard M. Kremen, Dale K. Cathell, and Kristy N. Grace, Substitute Trustees.” The secured party, if a bidder, shall not be required to post a deposit. The balance shall be paid in cash within ten (10) business days of the final ratification of sale by the Circuit Court for Anne Arundel County. If payment of the balance does not take place by the aforesaid time, in addition to any other legal or equitable remedies available to them, the Trustees may declare the entire deposit forfeited and resell all or any of the Property at the risk and cost of the defaulting purchaser. In such event, the defaulting purchaser shall be liable for the payment of any deficiency in the purchase price, all costs and expenses of both sales, attorneys’ fees and all other charges incurred by the Trustees.