LAND AUCTION

99 ACRES – 1 TRACT

—-88 TILLABLE—ONE FIELD

ATHENS TOWNSHIP—CALHOUN COUNTY, MICHIGAN

MONDAY DECEMBER 18^TH 6:00 P.M.

—LAND LOCATED IN SECTION 34 — ATHENS TOWNSHIP, ½ MILE EAST OF M-66 ON W-DRIVE SOUTH

SOIL IS PERDOMENATLY MATHERTON & KALAMAZOO LOAM.

SALE HELD AT THE ATHENS TOWNSHIP HALL

130 EAST BURR OAK ROAD

ATHENS, MICHIGAN 49011

TERMS: $10,000.00 Down as Deposit Sale Day Balance on or before 45 days from sale date. Possession at closure.

RICHARD & JOAN DUNCAN

SELLERS

AUCTIONEERS: Brian Hasty-517-206-4585 & Steve Burns 517-617-5487

AUCTION TERMS & CONDITIONS

 

REAL ESTATE SELLS SUBJECT TO SELLER CONFIRMATION: there will be open bidding on this Tract.

DOWN PAYMENTS: An Ernest Deposit in the amount of $10,000.00 in the form of a check, money order, cashier’s check or cash will be due at the close of the sale.

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

ACCEPTANCE 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 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.

SURVEYS: A survey will not be required to close this transaction in the event the purchaser requests a survey it shall be the purchaser’s expense.

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 makes 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.

ATHENS TOWNSHIP: May or may not have Zoning requirements. Buyers shall rely entirely on their own inspection, information, judgment and investigation of Township regulations, the property and its records.

MINERAL RIGHTS: Seller to convey 100% of oil and mineral rights owned by seller.

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

POSSESSION: Possession at closure.

THIS TRACT OF LAND is currently enrolled in PA116. Purchasers shall buy with full knowledge of such, and assume existing PA116 Contract.