Ah ah ah Maybe !!!
https://www.google.fr/search?q=sutte...w=1366&bih=562
Here is a choice for Sutterlin links ... I'm not able to find an M like the one written on photo's back but a B yes.
What I found:
Baslovo Pskov
Baslovo Vtoroye
Baslovo Pervoye
Novoye Baslovo
Baslovo, Novgorodskaya Oblast
1 and 2 seem to me the same ... Last one sounds good ..