424 Forest Ave. , Maysville, KY 41056(Mason County)

AUCTION SAT., SEPT. 26, 2009, 11:00 AM 424 FOREST AVENUE, MAYSVILLE, MASON CO., KY 41056 Nice two story Victorian style frame home w/ one story addition fronting on the south side of Forest Avenue, consisting of a 5 rm., 3 bdrm., 2 bath frame home structure w/ laundry room, suited for owner occupancy, w/ an attached apartment situated at the rear of the main level providing for a 3 rm., 1 or 2 bdrm., 1 bath efficiency suited for rental (has separate utilities) or which can be utilized to expand the dwelling for owner occupancy. Most of the home has aluminum siding, w/ newer windows & roof, heated by means of gas stoves (floor furnace utilized for the rear apartment). A one car garage w/ automated garage door is situated on the property near the rear of the lot providing for off-street parking, accessed by means of a shared drive with concrete pad. LEGAL DESCRIPTION That certain house and lot of ground situate, lying and being on the south side of Forest Avenue between Commerce and Poplar Streets, in the 5th Ward of the City of Maysville, Mason County, Kentucky, it being part of Lot B. 4 on the plat of Lots made out by Lewis Collins, the portion of said lot herein described begins at a point on Forest Avenue 33-1/3 feet West of the eastern boundary line of said Lot B-4, and extends westerly with the line of Forest Avenue the same width 33-1/3 through to the Maysville & Lexington Railroad, being bounded on the east by the lot of W. E. Stallcup and on the West by the lot of Albert Haucke, the lot of said Stallcup and Haucke being formerly a part of Lot B-4 on said Collins Plat.

Being the same property conveyed to Jennie R. Tuggle by deed of Larue A. Tuggle by deed dated the 27th day of June 1946 by deed recorded in Deed Book 143 pg. 365 Mason Co. Court Records. The property was transferred by will of Jennie R. Tuggle to Frances Tuggle Grover, her daughter. The property was conveyed by will of Frances Tuggle Grover to her daughters, Sue Armstrong and Jane Conner, who authorize the sale of this property at Public Auction.

TERMS & CONDITIONS: REAL ESTATE: Purchaser(s) of real estate to place a deposit equal to 10 percent of purchase price down with contract immediately following sale (down payment deposit check to be made payable to Craig A. Stanfield Real Estate & Auction Escrow. No two-party checks will be accepted; prospective purchasers who are not Kentucky residents to pay down payment by means of cash, certified funds, money order, or cashier's check), non-refundable, with balance due in full on or before OCTOBER 26, 2009, with possession to transfer with deed at closing. Terms of purchase are Cash to Seller: NO CONTINGENCIES OF ANY KIND PERMITTED. Property to transfer utilizing existing legal description (no survey to be provided by the sellers, purchased by the boundary as per legal description in deed). Possession to transfer with deed at closing. Sellers to maintain insurance on property though date of closing; however successful purchaser will have an insurable interest in the property as of date of sale and is encouraged to obtain insurance immediately upon sale. Year 2009 real estate taxes to be prorated to date of closing between buyer and seller based upon the Year 2008 tax rate and assessment. Prospective purchasers are encouraged/advised to inspect the property thoroughly prior to sale as REAL ESTATE SOLD "AS IS" WITHOUT WARRANTY WHATSOEVER -- INCLUDING WITH REGARD TO FITNESS OR MERCHANTABILITY/ MARKETABILITY FOR ANY DESIRED/IMPLIED /SPECIFIC USE -- EITHER EXPRESSED OR IMPLIED. Purchased subject to zoning, easements, highway right of way, local ordinances, restrictions, and any facts that might be disclosed by an accurate survey. HOME CONSTRUCTED PRIOR TO 1978: Thus Lead-Based Paint could potentially be in evidence. Prospective purchasers concerned about possible existence of lead-based paint are encouraged to have premises inspected prior to auction, as purchaser will be required to waive any rights to any inspections or contingencies as a condition of purchase. Likewise, purchasers must have performed any and all due diligence inspections of the property prior to purchase, at purchaser's sole expense, including but not limited to: Whole House Inspection, Wood-Boring Insect Inspection, Radon Gas Inspection, survey, etc. Contact agent/auctioneer for arranging testing. NO BUYERS PREMIUMS! Agent/auctioneer not responsible for accidents. Announcements made date of sale take precedence over printed matter. NOTE: Any returned checks shall be subject to the following: 1). A $50 returned check fee (plus expenses of collection); 2). A 2% penalty in amount of check; 3). Shall be subject to interest to extent that law permits until funds are made good; and 4). Bad checks will be turned over for prosecution to proper authorities.

AUCTION CONDUCTED BY CRAIG A. STANFIELD REAL ESTATE & AUCTION SERVICES,

CRAIG A. STANFIELD REAL ESTATE BROKER & AUCTIONEER.

2003 KY STATE CHAMPION AUCTIONEER. EQUAL HOUSING OPPORTUNITY BROKER & AUCTIONEER. FAIR HOUSING IT'S THE LAW!!!