ESTATE AUCTION

REAL ESTATE

39 ACRES – FARM HOME W/1 ACRE

WEDNESDAY JUNE 14TH 6:00 P.M.

LOCATION: 7775 M-99 NORTH  ALBION, MI.

DIRECTIONS: 3 MILES SOUTH OF ALBION ON M-99 

—-OFFERING 40 ACRES M/L  IN 2 TRACTS—-

—TRACT #1 Home w/Approx. 1 Acre

Original Country Farm home w/3 or more Bedrooms, 2 Car Garage Paved Drive, Lovely Setting, Close to Town

—TRACT #2 39 Acres M/L with 38 M/L Tillable all in one field Frontage on M-99 and H-Drive South

Soil Type is Dowagiac & Hillsdale Sandy Loam

**Tracts will be offered using the Multi Bid Process

** Tillable Land is currently leased – Lease payment will go to the purchaser and payable            December 1st, 2017.

TERMS: TRACT #1 – $5,000.00 Down as Deposit sale Day (Non-Refundable) Balance on or before 45 days from sale date.

TERMS: TRACT #2 – $10,000.00 Down as Deposit sale day (Non refundable) Balance on or before 45 days from sale date.

Your bidding and buying is not contingent on your financing. Please have your financing pre-arranged. Deposits are non refundable. A 10% Buyer premium shall be added to the high bid price to calculate the final purchase price.

Property sells subject to Seller confirmation.

ESTATE OF IRENE ZURAVIELL

NOT RESPONSIBLE FOR ACCIDENTS

BRIAN HASTY – 517-206-4585 & STEVE BURNS 517-617-5487

TERMS & CONDITIONS

ESTATE OF IRENE ZURAVIELL LAND AUCTION

AUCTIONS TERMS AND CONDITIONS:

REAL ESTATE SELLS SUBJECT TO SELLER COMFIRMATION: There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. The property will be sold in the manner resulting in the highest total sale price.

DOWN PAYMENTS: An earnest money deposit in the amount of $5,000.00 on Tract #1 and $10,000.00 on Tract #2 in the form of a check, money order or a cashier’s check made out to Devon Title Company.

YOUR BIDDING AND BUYING: is not contingent on your financing, so have your financing prearranged. Deposit is non-refundable and will be forfeited if buyer does not perform.

BUYER PREMIUM: A 10% Buyer Premium will be added to the High Bed price to calculate the final purchase price. Please take this into consideration when bidding.

ACCEPTACE OF BID PRICES: All successful Bidders will be required to enter into purchase agreements at the close of the Auction.

DEED & TITLE INSURANCE: Seller will provide Title Insurance and Warranty Deed containing the following language. This property may be located within the vicinity of Farm Land or a Farm operation, generally accepted Agriculture and Management practices which may generate noise, dust, odors and other associated conditions may be used and are protected by the Michigan right to Farm Act.

LEGAL DESCRIPTION & ABSENCE OF WARRANTIES: Dimensions, boundaries & acreage are all approximate and are an estimation based on current legal descriptions. Aerial photos, etc. Any maps used in this brochure to show boundaries are not a guarantee of exact property lines. All maps in the brochure are a guideline to assist the prospective purchaser in locating the Tract being offered. Each Tract is being sold by the gross dollar (Not by the Acre) no adjustments will be made in the purchase price if an actual survey reveals acreage different than estimated in any printed matter concerning this Auction. All Tracts sell as-is where-is with no warranties expressed or implied as to the merchantability, usability fitness for a particular purpose, or any matter of what so ever type or nature, by the seller and/or Brian Hasty Auction Company and Steve Burns, Auctioneer.

ANNOUNCEMENTS MADE SALE DAY: will take precedence over any printed matter and/or verbal statements. Information used in this brochure and other printed matter pertaining to this Auction has been obtained from sources deemed reliable, but the seller and/or Brian Hasty Auction company make no guarantees as to its accuracy. Conduct of the Auction and bid increments are at the direction and discretion of the Auctioneer.

AGENCY: BRIAN HASTY AUCTION COMPANY AND OR STEVE BURNS – AUCTIONEER and its representatives are exclusive agents of the seller.

TAXES: Real Estate taxes pro-rated to closure.

SURVEYS: In the event Tract #1 sells separate a survey will be required for tract #1, purchaser will pay the cost of survey.

ALBION TOWNSHIP: may have some requirements. Buyers shall rely entirely on their own inspection information, judgment and investigation of township zoning, regulations, the property and its records.

MINERAL RIGHTS: Seller to convey 30% of oil and mineral owned by the seller for her lifetime only.

CLOSING: The balance of Purchase price is due at closing which will take place on or before 45 days after Auction sale date or soon thereafter as applicable closing documents are completed.

POSSESSION: Possession of Tract#1 at closure. Possession of Tract #2 at Closure with Tenants Rights to apply.

TENANTS RIGHTS: Tenant of Tract #2 shall have full Tenants’ Rights as to maintaining and Harvest of crops for the 2017 crop year.