Shannon J. Posner, Esquire

Law Offices of Shannon J. Posner, P.A.

913 Ridgebrook Road, Suite 308

Sparks, Maryland 21152

COURT APPOINTED TRUSTEE

JUDICIAL SALE OF REAL PROPERTY

1508 18th Street, SE

Washington, DC 20020

In execution of the Superior Court for District of Columbia's Order/Decree in Case #2019-CA-005378-R(RP) the Trustee will offer for sale at public auction the real property located at 1508 18th Street, SE, Washington, DC, 20020, designated as being Square 5572, Lot 0060, and as more fully described in the Deed of Trust, dated October 23, 2007, which was recorded on November 9, 2007 as Instrument #2007141959 in the Land Records of the District of Columbia. The sale will occur within the offices of Alex Cooper Aucts., Inc., 4910 Massachusetts Ave., NW #100, Washington, DC 20016, 202-364-0306 on

THURSDAY, OCTOBER 17, 2024 AT 11:00 AM

The property, in fee simple, together with all improvements thereon, will be sold by Trustee’s deed, in “as is” condition, subject to conditions, restrictions, and agreements of record affecting the same, if any, and with no warranty of any kind. The sale will be subject to ratification by the Court.

TERMS OF SALE: A deposit of $50,000, in the form of a certified check, cashier's check, or money order, will be required of the purchaser at the time and place of sale. The successful bidder must increase the deposit to 10% of the purchase price no later than 4:00 p.m. on Friday, October 18, 2024, at the office of the Trustee in the form of certified check or cashier's check or by wire transfer of immediately available funds to the specified account of the Trustee. 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 amount owed on the Note plus all costs and expenses of sale on credit and may submit a written bid to the Trustee, which shall be announced at sale. The sale is subject to ratification by the Court. The balance of the purchase price, together with interest on the unpaid purchase money at the current rate contained in the Deed of Trust Note from the date of sale to the date funds are received by the Trustee, to be paid in certified funds within 60 calendar days of final ratification of the sale by the Court. There will be no abatement of interest for the purchaser in the event additional funds are tendered before settlement, or in the event settlement is delayed for any reason whatsoever. TIME IS OF THE ESSENCE FOR THE PURCHASER. If purchaser fails or refuses to settle within the aforesaid time frame, the deposit shall be forfeited and the Trustee may apply the deposit toward costs, fees, and their compensation associated with the initial auction and the resale process, with any remaining amount credited to the underlying debt. Additionally, if the purchaser fails to timely settle, the Trustee may file a motion to resell the property, and the purchaser agrees to pay the Trustee’s reasonable attorney fees as ordered by the Court in connection with said motion. The purchaser also waives personal service of any paper and Show Cause Order in connection with a motion to resell, expressly agrees to accept service by certified mail and regular mail sent to the address provided by the purchaser on the documents executed at the time of the sale, and agrees that such service is complete upon mailing and that actual receipt of said mailings is not required. The defaulted purchaser shall not be entitled to any surplus proceeds resulting from said resale even if such surplus results from improvements to the property by said defaulted purchaser. All unpaid real estate taxes shall be paid by the purchaser at or prior to closing. Purchaser is responsible for any recapture of homestead tax credit. All other public and/or private charges or assessments, to the extent such amounts survive foreclosure sale, including water/sewer charges, whether incurred prior to or after the sale to be paid by the purchaser. All transfer taxes and recordation taxes shall be paid by purchaser. Purchaser is responsible for obtaining physical possession of the property, and assumes risk of loss or damage to property from the date of sale. The sale is subject to post-sale audit of the status of the loan with the loan servicer including, but not limited to, determination of whether the borrower entered into any repayment agreement, reinstated, or paid off the loan prior to the sale. In any such event, this sale shall be null and void, and the purchaser’s sole remedy, in law or equity, shall be the return of the deposit without interest. Court Appointed Trustee will convey either marketable or insurable title. If they cannot deliver one or the other, or if ratification of the sale is denied by the Superior Court for any reason, the Purchaser's sole remedy, at law or equity, is return of the deposit without interest.

Shannon J. Posner, Court Appointed Trustee

Sep 18, Sep 25, Oct 2, Oct 9

(Serial #520710) Ad#868886