ONSITE SUBSTITUTE TRUSTEES’ SALE RESIDENTIAL REAL PROPERTY. TO BE HELD AT THE STEPS OF THE CLARENCE M. MITCHELL COURTHOUSE FOR BALTIMORE CITY, MD. BIDDERS MUST HAVE THE ADVERTISED DEPOSIT ON-SITE IN THE FORM OF CERTIFIED FUNDS. THERE IS NO ONLINE BIDDING FOR THIS AUCTION. NO ACCESS PRIOR TO THE AUCTION. Piel Law Firm, LLC 502 Washington Avenue, Suite 730 Towson, Maryland 21204 SUBSTITUTE TRUSTEES’ SALE RESIDENTIAL REAL PROPERTY. 1631 N. CAROLINE STREET BALTIMORE, MARYLAND 21213 Under and by virtue of the power of sale contained in that certain Purchase Money Deed of Trust executed by Khaji Realty, LLC and dated June 16, 2023, and recorded among the Land Records of Baltimore City, Maryland, at Liber 26032, folio 243 (the “Deed of Trust”), the holder of the indebtedness secured by the Deed of Trust (the “Noteholder”) having subsequently appointed Ronald B. Katz and Hunter C. Piel (collectively, the “Substitute Trustees”) as Substitute Trustees by instrument duly executed, acknowledged and recorded among the Land Records of Baltimore City, Maryland for the purposes therein contained, default having occurred under the terms of the Deed of Trust, the Substitute Trustees will offer for sale at public auction to the highest qualified bidder at the steps of the Clarence M. Mitchell Court House, 100 N. Calvert Street, Court House Door, Calvert Street entrance, Baltimore, Maryland 21202, on: Wednesday, April 23, 2025 at 11:15 a.m. THE LEASEHOLD INTEREST IN ALL OF THAT real property being situate in Baltimore City, Maryland, and the improvements thereon (collectively, the “Property”), being more particularly described in the Deed of Trust, and generally known 1631 N. Caroline Street, Baltimore, Maryland 21213 and subject to the payment of annual ground rent in the amount of $96.00 payable semi-annual on the 13th days of February and August in each and every year. TERMS OF SALE: A deposit in the amount of Seven Thousand Dollars ($7,000.00), payable in cash, certified check, or other form acceptable to the Substitute Trustees, in their sole and absolute discretion, will be required of the purchaser(s) at the time and place of sale. The deposit must be increased to 10% of the purchase price within two (2) business days, and delivered to the office of the 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 of ten percent (10%) per annum 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. Taxes, water rent, ground rent, if any, and all other municipal charges and liens owed against the Property shall be the sole responsibility of the purchaser(s) and shall be paid by the purchaser(s) at settlement. In addition, all other charges, expenses and liens owed against the Property including, but not limited to, all condominium fees and expenses and public charges and assessments owed against the Property and payable on an annual basis, such as sanitary and/or metropolitan district charges, if any, shall also be the responsibility of the purchaser(s) and shall be paid by the purchaser(s) at settlement. The Substitute Trustees reserve the right to reject any and all bids, and to extend the time for settlement, if applicable. In the event any taxes or other municipal charges have been prepaid, such amounts shall be adjusted as of the date of the foreclosure sale.

Listing courtesy of Ashland Auction Group LLC



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