CLASSIFIEDS
00102892 —
Listing Began:
Description
Seller's Comments and Description:
Substitute Trustee Services, Inc.
c/o Martin Law Group, P.C.
8065 Leesburg Pike, Suite 750
Vienna, Virginia 22182
www.martinlawgroup.com
NOTICE OF SUBSTITUTE TRUSTEE'S SALE OF
COMMERCIAL CONDOMINIUM UNIT
10110 MOLECULAR DRIVE, UNIT 3-8,
ROCKVILLE, MARYLAND 20850
Parcel ID: 04-03585032
Under a power of sale contained in a certain Deed of Trust, dated as of May 22, 2015, and recorded in Liber 33861 at folio 624, et seq., among the Land Records of Montgomery County, Maryland, as amended, made by Anaik Enterprises, Inc., as grantor, default having occurred under the terms thereof and at the request of the parties secured thereby: the Substitute Trustee will offer for sale at public auction at the Circuit Court for Montgomery County, at the Court House Door, 50 Maryland Ave., Rockville, MD 20850, on
FRIDAY, JULY 10, 2026 AT 11:00 A.M.
ALL THAT FEE-SIMPLE CONDOMINIUM UNIT AND THE IMPROVEMENTS THEREON situated in Montgomery County, MD and described as Parcel ID # 04-03585032 and more fully described in the aforesaid Deed of Trust and as follows:
Condominium Unit 3-8, together with the Common Elements appurtenant thereto, in the Traville Professional Park II Condominium, located at 10110 Molecular Drive, Rockville, Maryland, pursuant to the Declaration of Condominium recorded in Liber 33861 at folio 624, et seq., among the Land Records of Montgomery County, Maryland, as amended, and the Condominium Plat recorded among the Land Records of Montgomery County, Maryland as Condominium Plat Nos. 9493-9495. For derivation of title, see Liber 33861 at folio 624 of the Montgomery County Land Records.
With a street address of: 10110 Molecular Drive, Unit 3-8, Rockville, MD 20850
The property and improvements will be sold in an "AS IS" condition and subject to conditions, restrictions, existing buildings and/or environmental violations, agreements of record affecting the same, if any, and with no warranty either expressed or implied as to the description of the condition of the property or improvements.
Terms of Sale: A deposit of ten percent (10%) of the sale price, in the form of certified check, cashier’s check or money order, shall be required to qualify as a bidder at the time of sale, except from the noteholder. The deposit shall be refunded to the bidder unless the Property is sold to him. At settlement, the deposit, without interest, will be applied to the purchase price. Balance of the purchase price is to be paid in cash within fifteen (15) business days of the final ratification of sale by the Circuit Court for Montgomery County. If payment of the balance does not take place within fifteen (15) business days of ratification, the deposit will be forfeited and the property will be resold at the risk and expense of the defaulting purchaser. The defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the property. Interest to be paid on unpaid purchase money at the rate pursuant to the Deed of Trust note from date of sale to the date funds are received in the office of the Substitute Trustee, in the event the property is purchased by someone other than the note holder. In the event the settlement is delayed for any reason and the property is purchased by someone other than the note holder, there shall be no abatement of interest caused by the delay. Taxes, water rent, ground rent, condominium fees, and/or homeowners association dues, if applicable, to be adjusted to the date of sale and assumed thereafter by the purchaser.
All other public charges and assessments payable on an annual basis, including sanitary and/or metropolitan district charges to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. Cost of all documentary stamps and transfer taxes shall be borne by the purchaser.
The Substitute Trustee will convey either insurable or marketable title. If the Substitute Trustee is unable to convey insurable or marketable title or, the post-sale audit concludes that the sale should not have occurred, or the sale is not ratified by the court for any reason, the purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit without interest even if the purchaser has made improvements to the property. Upon refund of the deposit, the sale shall be void and of no effect, and the purchaser shall have no further claim against the Substitute Trustee. Purchaser shall be responsible for obtaining physical possession of the property. The purchaser at the foreclosure sale shall assume the risk of loss for the property immediately after the sale.
At the time of sale, the purchaser shall be required to sign a memorandum of sale which shall include, by reference, all the terms and conditions contained herein, together with a waiver of any cause of action the purchaser may have against the Substitute Trustee or the noteholder for any condition with respect to the property that may not be in compliance with any federal, state or local law, regulation or ruling including, without limitation, any laws, regulations and rulings relating to environmental contamination or hazardous wastes. The form of such agreement is available at the office of the Substitute Trustee and will be available at the time of sale.
The Substitute Trustee reserves the right to modify the requirements for bidders’ deposits, to withdraw the Property from the sale prior to the commencement of bidding, to postpone the sale, and to conduct such other sales as the Substitute Trustee may determine in his discretion.
Substitute Trustee Services, Inc., Substitute Trustee
c/o Martin Law Group, P.C.
Run dates: June 19, 26, and July 3, 2026
AD#102892