May 1, 2021 Real Estate Auction

                          PERSONAL REPRESENTATIVE’S AUCTION

                                                          OF VALUABLE FEE SIMPLE PROPERTY                                

                            Farm: 64.14 acres, more or less, 6824 Whiteley Road 

                                    Federalsburg, MD 21632 (Dorchester County)

                                             *** SOLD $445,000.00 SOLD  ***       

                                                                                                                     TIME AND PLACE OF SALE:                

                       Farm: at the property, May 1, 2021, at 11:00 am. Rain or shine

To settle the Estate of James F. Hubbert, Sr, the undersigned Personal Representative will sell the decedent’s farm located in Dorchester County. The farm property is described as:

Farm: 64.14 acres, more or less on the northeast side of Skinners Run Road, with a one acre homesite improved by an older home in poor repair known as 6824 Whiteley Road, Federalsburg, MD (Dorchester County). and more fully described in Liber 1399 folio 312, a Land Record Book for Dorchester County, identified as tax account no. 12-001592 and shown on Tax Map 6 as parcel 9, Twelfth Election District, Dorchester County, State of Maryland.

This property is subject to an unwritten agricultural lease terminating December 31, 2021, and possession of the tillable acreage is subject to said lease. The irrigation equipment is the property of the tenant farmer.

TERMS OF SALE:

 FARM. A deposit of Twenty-Five Thousand in the form of a cashier’s or certified check shall be paid at the time and place of sale, the balance of the sales price shall be paid by cashier’s or certified check at the settlement, and settlement shall be on or before June 15, 2021, unless said period is extended by the Personal Representative, his successors or assigns, for good cause shown.

 Time is of the essence. In the event purchaser fails to go to settlement as required, seller’s sole remedy shall be to retain the deposit(s) as liquidated damages. Each property shall be sold subject to all restrictions, liens, covenants and encumbrances of record. Taxes, water, and all other public charges and assessments payable on an annual basis shall be adjusted to the date of sale and assumed thereafter by the purchaser. The seller hereby notifies all prospective purchasers that the farm is or may be subject to the agricultural transfer tax, Md. Code, Tax Property Article '13-201, et seq., which provides generally that property assessed on an agricultural basis may be developed only on the payment of a tax.

In the event Seller is unable to convey good and marketable title, subject to those matters set forth above, purchaser’s sole remedy shall be the return of the deposit without right to interest or damages, from the Personal Representative, the Estate, all sellers and auctioneer. Costs of all agricultural transfer taxes, documentary stamps, state, county and local transfer taxes, recording fees, document preparation, title examination, and title insurance shall be borne by purchaser.

The property is being sold in "AS IS" condition with purchaser responsible for all and any housing or livability code or zoning code violations. The Personal Representative, the Estate, all sellers and the auctioneer make or give no warranties, express or implied with respect to the property, including, but not limited to: exact acreage, zoning, environmental conditions; or the structural integrity, physical condition, construction, extent of construction, workmanship, materials, habitability, zoning, environmental conditions, fitness for a particular purpose or merchantability of improvements.

The information contained in this advertisement was obtained from sources believed to be reliable, but is offered for informational purposes only. The auctioneer, Estate, and Personal Representative and all sellers make NO representation or warranty, express or implied with respect to the completeness or accuracy of this information. A prospective purchaser should consult with his or her own attorney.