1844 Co Rd 8 , Ashley, IN 46705(DeKalb County)

Method of Payment: A non-refundable earnest money deposit of 10% of the purchase price will be required the day of sale with the balance due the day of final closing. Closing to be within 45 days of the auction. This real estate is being sold for cash and your bidding is not contingent upon financing. Have your financing prearranged prior to auction day.

Acceptance of Bid: Successful bidder will be required to enter into a purchase agreement immediately following the auction at the site. The seller reserves the right to accept or reject any bids.

Title: Seller will provide the buyer with a commitment of title insurance in the amount of the purchase price insuring the transfer and marketability of the title. Seller will provide buyer with a fully executed trustee deed conveying title to the buyer.

Possession: Possession will be give to the buyer the subject to tenant farmer rights. The farm is leased for the 2013 growing season. The new Buyer will receive 100% of the cash rent for 2013.

Taxes: Buyer shall assume the 2013 due and payable 2014 real estate taxes on Tracts 1-7. On Tract 8, taxes will be prorated to the day of final closing.

Survey: AT THE SELLERS OPTION, the buyer and seller will split the survey cost on any parcel where there is no existing legal description or where new boundaries are created by the tract divisions of the auction. Any need for a survey shall be determined at the sole discretion of the seller and the auctioneer. If the survey is determined needed by the seller and auctioneer, final bids will be adjusted to reflect the results of said survey. The type of survey prepared shall be determined by the Seller and Auctioneer as long as it is sufficient for issuance of a title insurance policy. Combination purchases will only receive a perimeter survey. Only the boundary corners of the respective tract sold shall be marked. Successful bidders will then pay a revised purchase price calculated by multiplying the actual surveyed acreage by the actual purchase price per acre indicated in the offer to purchase. All auction tracts are approximate and have been estimated based on aerial photographs or current legal descriptions.

Acceptance of Bid: This real estate is being sold subject to confirmation of the seller.

Property Disclosure: This property is being sold "As-Is" and "Where-Is" with no warranty being expressed or implied.

Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreements. Conduct of the auction and the increments of bidding are at the direction and discretion of the auctioneer. All decisions of the auctioneer are final. Announcements made day of the sale take precedence over any and all printed material.