SHERIFFS SALE: Schrader Real Estate and Auction Company, Inc. (Auction Company) is selling this property on behalf of the Sheriff of Cass County (Seller) pursuant to an order of the Cass County Superior Court I.

PURCHASE CONTRACT: Immediately following the close of bidding, the high bidder shall sign a purchase contract in the form provided in the bidder packets. All information contained in this sale brochure and other marketing materials is subject to the terms and conditions contained in the written purchase contract. Seller shall not be bound by any statement, promise or inducement that is not contained or incorporated in the written purchase contract.

DOWN PAYMENT: 10% of the purchase price will be due as a down payment on the day of auction, with the balance due at closing. The down payment may be made in the form of cashiers check, personal check or corporate check.

CLOSING: The balance of the purchase price will be due at closing within 30 days after the auction. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.

POSSESSION: Possession will be delivered at closing.

REAL ESTATE TAXES: Real estate taxes assessed for the calendar year 2016 (due in 2017) will be charged to Seller and paid out of Sellers proceeds at closing. Buyer will assume and pay real estate taxes assessed for the entire calendar year 2017 (due in 2018).

DEED: The property will be conveyed by sheriffs deed.

TITLE INSURANCE: Buyer will receive a standard owners title insurance policy in the amount of the purchase price. Title insurance costs will be charged to Seller and paid out of Sellers proceeds at closing. Preliminary title insurance schedules will be available for review prior to the auction.

SURVEY: The property will be conveyed using the existing legal description without obtaining a new survey.

TRACT MAP; ACRES: The advertised acres and aerial tract map in the marketing materials are based on county tax parcel data and county GIS maps. They are approximations only and are not provided as survey products.

PROPERTY INSPECTION: The scheduled inspection date will be staffed with auction personnel. Seller and Auction Company disclaim any and all responsibility for the safety of prospective bidders and other persons during any physical inspection of the property. No person shall be deemed an invitee with respect to the property by virtue of its being offered for sale.

THIS PROPERTY IS OFFERED AS IS, WHERE IS. NO WARRANTY OR REPRESENTATION, STATED OR IMPLIED, IS MADE BY SELLER OR AUCTION COMPANY CONCERNING THE PROPERTY. Prospective bidders are responsible for conducting their own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in this brochure and other marketing materials is provided subject to bidders independent verification. Seller and Auction Company assume no liability for any inaccuracies, errors or omissions in such materials. All sketches and dimensions are approximate.

AGENCY: Schrader Real Estate and Auction Company, Inc. and its representatives are exclusively the agents of the Seller.

CONDUCT OF AUCTION: The conduct of the auction and increments of bidding will be at the direction and discretion of the auctioneer. Seller and its agents reserve the right to preclude any person from bidding if there is any question as to the persons identity, credentials, fitness, etc. All decisions of the auctioneer at the auction are final.

CHANGES: Please arrive prior to scheduled auction time to review any changes or additional information. AUCTION DAY ANNOUNCEMENTS WILL TAKE PRECEDENCE OVER THE MARKETING MATERIALS AND ANY OTHER PRIOR STATEMENTS.

Stock Photos: This brochure contains stock photos depicting deer and an ear of corn which were not taken on the auction property.

Auction Brochure

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