ALDERSON, HEAVENER & WELCH...
ALDERSON, HEAVENER & WELCH...
ALDERSON, HEAVENER & WELCH P. O. BOX 360 100 SOUTH LIBERTY STREET CUMBERLAND, MARYLAND 21501-0360 (301) 724-3424 TRUSTEE’S SALE 12221 Carlos Road, SW Frostburg, MD 21532 And Lots 2-3 of Morgan Addition Frostburg, MD 21532 Under and by virtue of the powers of sale contained in a Deed of Trust from Lawrence R. Layton dated November 23, 2018 and recorded in Liber 2431, Folio 180 of the Allegany County Land Records, the undersigned Trustees will offer for sale at public auction at the front doors of the Allegany County Circuit Courthouse, located at 30 Washington Street, Cumberland, Maryland on Friday, May 16, 2025 AT 1:00 P.M. The property described as follows: 12221 Carlos Road, SW, Frostburg, MD/Tax Account #19-004325 – All that parcel of land which is part of Block A of Morgan’s Addition to Carlos, Allegany County, Maryland, and known as 12221 Carlos Road, SW, Frostburg, Allegany County, Maryland. The property is improved with a 1 single family home built in 1971. The property contains approx. 960 sq. ft. lf living spaces with a 200 sq. ft. partial basement. The home sits on a lot containing approx. 25,257 sq. ft lot. Lots 2-3 of Morgan Addition, Frostburg, MD/Tax Account #19-004317 – All that piece or parcel of land which is part of Block A of Morgan’s Addition to Carlos, Allegany County, Maryland, and called Lots 2 and 3. Said lot consists of approx. 24,775 sq. ft. of unimproved property. TERMS OF SALE The property and improvements will be sold in “as is” physical condition without warranty of any kind and subject to all conditions, restrictions and agreements of record affecting the same. The purchaser(s) is/are responsible for, and the property and the improvements described above are sold subject to any environmental matter or condition, whether latent or observable, that may exist at or affect or relate to the property and the improvements and to any governmental requirements affecting the same. A cash or certified check deposit in the amount of $5,000.00 shall be paid by the purchaser(s) (except for the party secured by the Deed of Trust) at the time and place of sale. The balance of the purchase price shall be paid in cash or by certified check at settlement (except that if the party secured by the Deed of Trust is the purchaser, a credit will be allowed for the indebtedness secured by the Deed of Trust) which shall be ten (10) business days after final ratification of the sale by the Circuit Court for Allegany County, Maryland unless said period is extended for good cause shown, time being of the essence. If payment of the balance due on any sale does not take place within ten (10) business days of ratification, the subject deposit will be forfeited and the subject property will be resold at the risk and expense of the defaulting purchaser or in any manner designated by the Trustee. Interest at the rate of 4.50% per annum shall be paid on the unpaid purchase money from the date of sale to the date the funds are received in the office of the Trustee. In the event settlement is delayed for any reason, and the property and improvements are purchased by someone other than the party secured by the Deed of Trust, then there shall be no abatement of interest caused by the delay. Taxes and water to be adjusted to date of sale. All other public and private 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 purchaser(s). Cost of all documentary stamps, transfer taxes, document preparation and title insurance shall be paid by purchaser(s). Purchaser(s) shall have the responsibility of obtaining possession of the subject property. If Trustee is unable to convey good and marketable title, purchaser’s sole remedy in law or equity shall be limited to the refund of that purchaser’s deposit to the purchaser(s). Upon refund of the deposit, the sale shall be void and of no effect, and purchaser shall have no further claim against the Trustee or the party secured by the Deed of Trust. This sale is subject to post-sale audit of the status of the loans secured by the Deed of Trust, including, but not limited to, determining whether prior to sale a forbearance, repayment or other agreement was entered into or the loans were reinstated or paid off; in any such event this sale shall be null and void and purchaser’s sole remedy shall be return of deposit without interest. NOTE: The information contained herein was obtained from sources deemed to be reliable, but is offered for information purposes only. Prospective purchasers are urged to make their own inspection and inquiries of the property and improvements and relevant matters relating thereto. Robert A. Alderson, Substitute Trustee Wayne C. Heavener, Substitute Trustee Lisa Thayer Welch, Substitute Trustee FOR INFORMATION CONTACT: ALDERSON, HEAVENER & WELCH 100 S. Liberty Street Cumberland, Maryland 21501-0360 (301)724-3424 Adv.: Cumberland Times - News May 1, 8, 15, 2025
ALDERSON, HEAVENER & WELCH P. O. BOX 360 100 SOUTH LIBERTY STREET CUMBERLAND, MARYLAND 21501-0360 (301) 724-3424 TRUSTEE’S SALE 12221 Carlos Road, SW Frostburg, MD 21532 And Lots 2-3 of Morgan Addition Frostburg, MD 21532 Under and by virtue of the powers of sale contained in a Deed of Trust from Lawrence R. Layton dated November 23, 2018 and recorded in Liber 2431, Folio 180 of the Allegany County Land Records, the undersigned Trustees will offer for sale at public auction at the front doors of the Allegany County Circuit Courthouse, located at 30 Washington Street, Cumberland, Maryland on Friday, May 16, 2025 AT 1:00 P.M. The property described as follows: 12221 Carlos Road, SW, Frostburg, MD/Tax Account #19-004325 – All that parcel of land which is part of Block A of Morgan’s Addition to Carlos, Allegany County, Maryland, and known as 12221 Carlos Road, SW, Frostburg, Allegany County, Maryland. The property is improved with a 1 single family home built in 1971. The property contains approx. 960 sq. ft. lf living spaces with a 200 sq. ft. partial basement. The home sits on a lot containing approx. 25,257 sq. ft lot. Lots 2-3 of Morgan Addition, Frostburg, MD/Tax Account #19-004317 – All that piece or parcel of land which is part of Block A of Morgan’s Addition to Carlos, Allegany County, Maryland, and called Lots 2 and 3. Said lot consists of approx. 24,775 sq. ft. of unimproved property. TERMS OF SALE The property and improvements will be sold in “as is” physical condition without warranty of any kind and subject to all conditions, restrictions and agreements of record affecting the same. The purchaser(s) is/are responsible for, and the property and the improvements described above are sold subject to any environmental matter or condition, whether latent or observable, that may exist at or affect or relate to the property and the improvements and to any governmental requirements affecting the same. A cash or certified check deposit in the amount of $5,000.00 shall be paid by the purchaser(s) (except for the party secured by the Deed of Trust) at the time and place of sale. The balance of the purchase price shall be paid in cash or by certified check at settlement (except that if the party secured by the Deed of Trust is the purchaser, a credit will be allowed for the indebtedness secured by the Deed of Trust) which shall be ten (10) business days after final ratification of the sale by the Circuit Court for Allegany County, Maryland unless said period is extended for good cause shown, time being of the essence. If payment of the balance due on any sale does not take place within ten (10) business days of ratification, the subject deposit will be forfeited and the subject property will be resold at the risk and expense of the defaulting purchaser or in any manner designated by the Trustee. Interest at the rate of 4.50% per annum shall be paid on the unpaid purchase money from the date of sale to the date the funds are received in the office of the Trustee. In the event settlement is delayed for any reason, and the property and improvements are purchased by someone other than the party secured by the Deed of Trust, then there shall be no abatement of interest caused by the delay. Taxes and water to be adjusted to date of sale. All other public and private 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 purchaser(s). Cost of all documentary stamps, transfer taxes, document preparation and title insurance shall be paid by purchaser(s). Purchaser(s) shall have the responsibility of obtaining possession of the subject property. If Trustee is unable to convey good and marketable title, purchaser’s sole remedy in law or equity shall be limited to the refund of that purchaser’s deposit to the purchaser(s). Upon refund of the deposit, the sale shall be void and of no effect, and purchaser shall have no further claim against the Trustee or the party secured by the Deed of Trust. This sale is subject to post-sale audit of the status of the loans secured by the Deed of Trust, including, but not limited to, determining whether prior to sale a forbearance, repayment or other agreement was entered into or the loans were reinstated or paid off; in any such event this sale shall be null and void and purchaser’s sole remedy shall be return of deposit without interest. NOTE: The information contained herein was obtained from sources deemed to be reliable, but is offered for information purposes only. Prospective purchasers are urged to make their own inspection and inquiries of the property and improvements and relevant matters relating thereto. Robert A. Alderson, Substitute Trustee Wayne C. Heavener, Substitute Trustee Lisa Thayer Welch, Substitute Trustee FOR INFORMATION CONTACT: ALDERSON, HEAVENER & WELCH 100 S. Liberty Street Cumberland, Maryland 21501-0360 (301)724-3424 Adv.: Cumberland Times - News May 1, 8, 15, 2025
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