Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1962-11-23
Legal Advertisement
Law Offices
Nylen, Gilmore & Simpson
1905 University Blvd, East
Langley Park
Hyattsville, Md.
Trustees Sale

%oNCJ 80 n
Hyattsville, Md.
Trustees Sale
OF Valuable, improved and un.
improved Real Estate, located
In Montgomery County, Mary
land, one lot improved by
premises known as $500
TanglewoOd Drive, Kenwood
Park, Maryland, and the I'M
improved lot known as 1892
TanglewOOd Drive, Kenwood
Park, Maryland.
BY virtue of the power and
authority contained in Deed
of Trust from Arthur Lowe. Jr.
and Elizabeth Lowe, his wife, to
the undersigned Trustees, dated
the 9th day of July, 1859, and
recorded among the Land Rec
ords for Montgomery County,
Maryland, in Liber 1922 at Folio
231, and at the request of the
party secured thereby, default
having occurred in the terms
and conditions thereof, the
Undersigned Trustees named in
said Deed of Trust will sell at
public auction in front of the
Courthouse door in the Town of
Rockville, Maryland, facing on
East Montgomery Street, on the
3rd DAY Of DECEMBER, 1862
AT $50 AM.
all that property in said Deed Of
Trust described as follows:
Lots numbered FOUR "a
and SEVEN CD in Block num-
bered SEVEN CD, in the SUBJ
division known as KEN
WOOD PARK" as per plat
thereof duly recorded in Plat
Book No. 48, Plat No. 1907,
one of the Land Records of
said State and County; sub
ject to building restriction
line and all covenants of
record.
The property known as $500
Tanglewood Drive, being Lot Z,
in Block Z, is improved by a par
TALLY completed brick and
frame house containing seven
CD rooms. The property refer
red to as 1892 Tanglewood
Drive, being Lot a, in Block Z,
as above described is unim-
proved.
Each of the above properties
will be offered for sale individ-
ually and separate bids will be
taken for each; then both Of the
properties will be offered for
sale as an entirety and the
same will be sold the bidder, or
bidders, offering the highest
aggregate sum thereof.
TERMS OF SALE
In case the bids for the indi-
vidual lots aggregate the high
est sum a cash deposit of One
Thousand Dollars $1,000.00D
for each lot will be required at
the time of sale; and in the
event the bid in the entirety is
the highest, a cash deposit of
Two Thousand Dollars
($2,000.00) will be required at
the time of sale. The balance
of the bid in either event in
cash, with interest at six (69o)
per centum per annum from the
date of sale to the date of pay
ment shall be payable within
five 90 days after the final
ratification of sale.
Adjustments on all taxes, pub
lie charges and special or reg
ular assessments will be made
as of the date of sale and there
after be assumed by the pur-
chaser. Title examination, con-
veyancing, State and Federal
revenue stamps, County trans
fer taxes, and all other costs
incident to settlement are to be
paid by the purchaser.
Compliance with terms of
each shall be made within five
days after final ratification of
sale or deposit shall be forfeited
and the property resold at the
risk and cost of the defaultant
purchaser, or purchasers. The
property improved by a dwell.
ing is sold subject to a prior
encumbrance, a first Deed OF
Trust with a balance of approx.
mately S13,476.36 as Of the 31st
day of October, 1862, and a sec.
ond Deed of Trust with a bal
ance of $3,701.65 as of the 25th
day of October, 1862. The prop.
erty referred to as Lot 4, Block
7 is sold subject to a prior en-
cumbrance with a balance. OF
approximately $4,733.83, the
terms and conditions of which
will be announced at the time OF
sale.
EDWARD w. NYLEN
JOHN M. CONROY
Trustees
Nylen, Gilmore & Simpson