00103886 —

Aug 29-9:10
Listing Began:

Description

Seller's Comments and Description:

Law Offices of

Funk & Bolton, P.A.

100 Light Street, Suite 1400

Baltimore, Maryland 21202

SUBSTITUTE TRUSTEE’S SALE OF VALUABLE

IMPROVED RESIDENTIAL REAL ESTATE PROPERTY

(KNOWN AS)

3006 Duncan Drive

Hyattsville, Maryland 20783

Under and by virtue of the power of sale contained in that certain Indemnity Deed of Trust from Alozie Ofor-Nwoko (“Grantor”) to Alison W. Rind and Arnold D. Spevack, Trustees, dated April 3, 2017, and recorded among the Land Records of Prince George’s County, Maryland, at Book 39445, page 236 (the “Deed of Trust”), the holder of the indebtedness secured by said Deed of Trust (the “Noteholder”) having subsequently appointed Eric S. Schuster and Ann L. Ramsey as Substitute Trustees in the place of the former trustees by instrument duly executed, acknowledged, and recorded among the Land Records of Prince George’s County, Maryland, default having occurred under the terms of the Deed of Trust and at the request of the parties as secured thereby, the undersigned Substitute Trustees (collectively, the “Trustee”) will offer for sale at public auction on the steps of the Circuit Court for Prince George’s County, Maryland, 14735 Main Street, Courthouse, Upper Marlboro, Maryland 20772 on:

September 15, 2026

at 11:00 a.m.

ALL OF THAT real property and the improvements thereon being situated in Prince George’s County, Maryland (the “Property”) and being more particularly described as follows:

Being known and designated as Lot numbered Thirty (30) in Block lettered (H) in a subdivision known and “KNOLLWOOD” as per plat thereof recorded in Plat Book WWW32 at plat 53 among the Land Records of Prince George’s County, Maryland.

The Property is believed to be improved by a residence containing 3 bedrooms and 2 baths with approximately 1,395 square feet of above grade living area. Tax ID # 21- 2323665.

A deposit in the amount of Ten Thousand Dollars ($10,000.00) will be required of the purchaser(s) at time and place of sale. The deposit must be increased to 10% of the purchase price within 2 business days after sale and delivered to the office of auctioneer in the same form as the initial deposit. The balance of the purchase price shall be due in cash or by certified check with interest on the unpaid balance of the purchase price at the rate provided in the Note executed in connection with the Deed of Trust from the date of sale to and including the date of settlement. In the event the Noteholder, or an affiliate thereof, is the successful bidder at the sale, such party will not be required to make a deposit or to pay interest on the unpaid purchase money.

The Trustee reserves the right: (i) to keep the bidding open for any length of time; and (ii) to postpone or set over the date of sale. In the event the Trustee deems it best for any reason at the time of sale to postpone or continue this sale from time to time, such notices of postponement or setting over will be in a manner deemed reasonable by the Trustee.

Taxes, ground rent, 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, shall be the responsibility of the purchaser(s) and shall be paid by the purchaser(s) at settlement. The cost of all documentary stamps, recordation taxes, document preparation, and transfer taxes is to be paid by the purchaser(s). The Trustee reserves the right to reject any and all bids and to extend the time for settlement, at his discretion.

The Property will be sold in an “AS IS” condition and without any warranties or representations, either express or implied, as to the nature, condition, or description of the improvements. In addition, the Property will also be sold subject to all existing housing, building, and zoning code violations, subject to all critical area and wetland violations, subject to all environmental problems and violations which may exist with respect to the Property, and subject to all matters and restrictions of record affecting the same, if any. The purchaser(s) at the foreclosure sale shall assume the risk of loss for the above-referenced Property immediately after the sale takes place. It shall be the purchaser(s)’ responsibility to obtain possession of the Property following ratification of its sale by the Circuit Court for Prince George’s County, Maryland, and conveyance of the Property by the Trustee to the purchaser(s).

The Property will be sold subject to all senior liens and encumbrances that are not extinguished by operation of law or by the foreclosure sale of the Property and subject to all easements, conditions, restrictions, rights of redemption, covenants, such state of facts that an accurate survey or physical inspection of the Property might disclose, and agreements of record affecting the Property.

The purchaser(s) shall pay at settlement all state and local transfer taxes, documentary stamps, recordation taxes and fees, title examination costs, attorneys’ fees, conveyance fees, and all other incidental settlement costs. The purchaser(s) shall settle and comply with the terms of sale within twenty (20) days following the final ratification of the sale by the Circuit Court for Prince George’s County, Maryland, unless said period is extended by the Trustee for good cause shown. Time is of the essence. Settlement shall be held at the offices of Funk & Bolton, P.A., 100 Light Street, Suite 1400, Baltimore, Maryland 21202.

In the event the purchaser(s) fail to go to settlement as required, in addition to any other legal or equitable remedies available to them, the Trustee may, without further order of the court, declare the aforementioned deposit forfeited and re-sell the Property at the purchaser(s)’ risk and expense. In such event, the defaulting purchaser(s) shall be liable for the payment of any deficiency in the purchase price, all costs and expenses of both sales, reasonable attorneys’ fees, all other charges due, and incidental damages. In the event the resale of the Property results in a sale in excess of the amount originally bid by the defaulting purchaser, the defaulting purchaser waives any and all claims, rights, and interest in any such excess amounts and shall not be entitled to any distribution whatsoever from the resale proceeds. The parties’ respective rights and obligations regarding the terms of sale and the conduct of the sale shall be governed by and interpreted according to the laws of the State of Maryland.

If the Trustee is unable to convey the Property as described above, the purchaser(s)’ sole remedy at law or in equity shall be limited to the refund of the aforementioned deposit, without interest thereon. Upon refund of the deposit to the purchaser(s), the sale shall be void and of no effect, and the purchaser(s) shall have no further claim against the Trustee or the Noteholder.

The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. The Auctioneer, the Noteholder, and the Trustee do not make any representations or warranties with respect to the accuracy of this information.

Eric S. Schuster

Substitute Trustee

For Further Information, Contact:

Eric S. Schuster, Esquire

Funk & Bolton, P.A.

100 Light Street, Suite 1400

Baltimore, Maryland 21202

410.659.4983

Washington Times:August 27, September 3 and 10, 2026





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