MCALLISTER, DETAR, SHOWALTER & WALKER LLC 100 North West St. Easton, Maryland SUCCESSOR TRUSTEES SALE OF VALUABLE

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1 MCALLISTER, DETAR, SHOWALTER & WALKER LLC 100 North West St. Easton, Maryland SUCCESSOR TRUSTEES SALE OF VALUABLE FEE SIMPLE PROPERTY CONSISTING OF UNIMPROVED WATERFRONT FEE SIMPLE PREMISES KNOWN AS 9 ACRES ON GREEN LANE, ROCK HALL, MARYLAND (TAX I.D. NO.: ) AND UNIMPROVED WATERFRONT FEE SIMPLE PREMISES KNOWN AS GREEN LANE, ROCK HALL, MARYLAND AND IMPROVED FEE SIMPLE PREMISES KNOWN AS GREEN LANE, ROCK HALL, MARYLAND Under a power of sale contained in a certain Deed of Trust from William Arthur Willis (a/k/a William A. Willis), Mary Sue Willis and The Sailing Emporium, Inc., to William G. Wheatley, Trustee for the benefit of The Peoples Bank dated November 8, 2012, and recorded in the Land Records of Kent County, Maryland at Liber 735, folio 257, and as modified, amended or renewed by: (i) a certain Confirmatory Deed of Trust from William Arthur Willis (a/k/a William A. Willis), Mary Sue Willis and The Sailing Emporium, Inc., to William G. Wheatley, Trustee for the benefit of The Peoples Bank dated May 3, 2013, and recorded in the Land Records of Kent County, Maryland at Liber 761, folio 71 and (ii) a certain Modification and Amendment to Deed of Trust from William Arthur Willis (a/k/a William A. Willis), Mary Sue Willis and The Sailing Emporium, Inc., to William G. Wheatley, Trustee for the benefit of The Peoples Bank dated December 19, 2013, and recorded in the Land Records of Kent County, Maryland at Liber 783, folio 438 (collectively referred to hereinafter as the Deed of Trust ), default having occurred under the terms thereof and at the request of the parties secured thereby (Civil Case No. C-14-CV ), the undersigned Successor Trustees will offer for sale at public auction at the Kent County Circuit Court House, 103 N. Cross Street, Chestertown, Maryland on:

2 December 19, 2016 AT 10:15 A.M. PROPERTY DESCRIPTION: PROPERTY NO. 1 (9 ACRES ON GREEN LANE, ROCK HALL, MARYLAND (TAX I.D. NO.: , Property No. 1 ): All that lot or parcel of land situate, lying and being in the Fifth Election District, Kent County, Maryland State of Maryland, consisting of nine acres of land, more or less, which is more particularly described by metes and bounds as Tract No. 1 on Exhibit A to the Deed of Trust and as shown on that plat entitled SURVEY OF PART OF THE LANDS OF BOBBY O. CLARK, JR., 5 TH DISTRICT, KENT COUNTY, MARYLAND ; prepared by J.R. McCrone Jr., Inc., and dated August 1982, which is recorded among the Plat Records of Kent County, Maryland in Plat Book E.H.P. No. 2, folio 40. The property contains 9.0 acres, more or less, of unimproved, waterfront land. PROPERTY NO. 2 (21084 GREEN LANE, ROCK HALL, MARYLAND 21661, Property No. 2 ): All of that lot, piece or parcel of land consisting of approximately 1.38 acres, more or less, of real property located in the Fifth Election District of Kent County, Rock Hall, Maryland and known as Green Lane, Rock Hall, Maryland (Tax Account No ) and as more particularly described, by metes and bounds as Tract No. 2 on Exhibit A to the Deed of Trust. The property contains 1.38 acres, more or less, of unimproved waterfront land. PROPERTY NO. 3 (21100 GREEN LANE, ROCK HALL, MARYLAND 21661, Property No. 3 ): All of that lot, piece or parcel of land consisting of approximately 0.86 acres, more or less, of real property located in the Fifth Election District of Kent County, Rock Hall, Maryland and known as Green Lane, Rock Hall, Maryland (Tax Account No ) and as more particularly described, by metes and bounds as Tract No. 3 on Exhibit A to the Deed of Trust and is also shown on that plat entitled ADJUSTMENT OF BOUNDARY LINES BETWEEN THE LANDS OF WILLIAM B. MCGEEHAN AND JOYCE MILLER & BEVERLY HINES, FIFTH ELECTION DISTRICT, KENT COUNTY, MARYLAND ; prepared by McCrone, Inc., and dated September 2004, which is recorded among the Plat Records of Kent County, Maryland in Plat Book M.LM. No. 2, folio 600.

3 The property contains 0.86 acres of land, more or less, of land improved by a detached garage/shed. Manner of Sale: FIRST OFFERING: Property No. 1, more commonly referred to as 9 ACRES ON GREEN LANE, ROCK HALL, MARYLAND (TAX I.D. NO.: ). SECOND OFFERING: Property No. 2, more commonly referred to as GREEN LANE, ROCK HALL, MARYLAND THIRD OFFERING: Property No. 3, more commonly referred to as GREEN LANE, ROCK HALL, MARYLAND FOURTH AND FINAL OFFERING: Property No. 1, more commonly referred to as 9 ACRES ON GREEN LANE, ROCK HALL, MARYLAND (TAX I.D. NO.: ); Property No. 2, more commonly referred to as GREEN LANE, ROCK HALL, MARYLAND and Property No. 3, more commonly referred to as GREEN LANE, ROCK HALL, MARYLAND 21661, collectively. Terms of Sale: The property will be sold in as is condition and subject to conditions, restrictions, easements, encumbrances and agreements of record affecting the subject property, if any, and with no warranty of any kind. If any dispute arises among the bidders, the Successor Trustees shall have the sole and final discretion either to determine the successful bidder or to reoffer and resell the property or any portion thereof. In the event Property No. 1 sells pursuant to the First Offering, a deposit in the form of cashier s or certified check, or in such other form as the Successor Trustees may determine at their sole discretion, in the amount of $15, for Property No. 1 will be required of the purchaser of Property No.1 at the time and place of sale. In the event Property No. 2 sells pursuant to the Second Offering, a deposit in the form of cashier s or certified check, or in such other form as the Successor Trustees may determine at their sole discretion, in the amount of $20, for Property No. 2 will be required of the purchaser of Property No. 2 at the time and place of sale. In the event Property No. 3 sells pursuant to the Third Offering, a deposit in the form of cashier s or certified check, or in such other form as the Successor Trustees may determine at their sole discretion, in the amount of $12, for Property No. 3 will be required of the purchaser of Property No. 3 at the time and place of sale. In the event Property No.1, Property No. 2 and Property 3 sell pursuant to the Fourth and Final Offering, a deposit in the form of cashier s or certified check, or in such other form as the Successor Trustees may determine at their sole discretion, in the amount of $47, for Property No. 1, Property No. 2, and Property No. 3 will be required of the purchaser of Property No. 1, Property No. 2, Property No. 3 at the time and place of sale. If the noteholder is the successful bidder, the deposit requirement is waived. The balance of the purchase price is to be paid within fifteen (15) days of the final ratification of the sale by the Circuit Court for Kent County, Maryland. TIME IS OF THE ESSENCE FOR THE PURCHASER. Interest is to be paid on the unpaid purchase price at the rate of 5.25% as described in the promissory note, per annum, from the date of sale to the date the funds are

4 received in the office of the Successor Trustees, if the property is purchased by an entity other than the noteholder. There will be no abatement of interest due from the purchaser in the event settlement is delayed for any reason. Adjustment of current year real property taxes and other public and/or private charges or assessments, including water/sewer charges, will be made as of the date of sale and thereafter assumed by the purchaser. All other public and/or private charges or assessments, including water/sewer charges, incurred after the sale, and all other costs incidental to settlement to be paid by the purchaser. Cost of all documentary stamps, transfer taxes, and all settlement charges shall be borne by the purchaser. If the Successor Trustees are unable to convey good and marketable title, the purchaser s sole remedy in law or equity shall be limited to the refund of the deposit to the purchaser. Upon refund of the deposit, the sale shall be void and of no effect, and the purchaser shall have no further claim against the Successor Trustees. If purchaser defaults under these terms, the deposit shall be forfeited. The Successor Trustees may then resell the property at the risk and cost of the defaulting purchaser. The defaulting purchaser shall not be entitled to any surplus proceeds resulting from said resale even if such surplus results from improvements to the property by said defaulting purchaser. Purchaser shall be responsible for obtaining physical possession of the property. The purchaser at the foreclosure sale shall assume the risk of loss or damage to the property from the date of sale. WAIVERS: The purchaser waives and releases the Successor Trustees, counsel for the Successor Trustees, the secured party, the Auctioneer and each of their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to (1) any environmental condition, problem or violation affecting all or any portion of the property, (2) any structural or other defects relating to any improvements on the property, and/or (3) any existing or future housing, building, subdivision and/or zoning code or regulation problems or violations. The information contained herein was obtained from sources deemed to be reliable but is offered for informational purposes only. The Successor Trustees, counsel for the Successor Trustees, Auctioneer and the secured party do not make any representations or warranties with respect to the accuracy of this information. Adam M. Lynn Ryan D. Showalter Successor Trustees McAllister, DeTar, Showalter & Walker LLC 100 N. West St. Easton, MD Atlantic Auctions, Inc. 802A Belair Road P.O. Box 516

5 Bel Air, MD