Saturday, February 02,2008 12:00 PM  thru  02:00 PM
Thursday, February 07,2008 04:30 PM  thru  06:00 PM

12886 S Packerton Road, Silver Lake, IN. At the intersection of SR 13 and SR 14, turn west 3 miles to Packerton Road, then turn south 2 miles - or - From the intersection of SR 15 and SR 14 in Silver Lake, turn east 5 miles to Packerton Road, then turn south 2 miles.

On Site, at the home - intersection of Packerton Rd. and CR 1300 S.

Beautiful 2 story country home and buildings set upon a hill overlooking the creek and pasture. This 2,830 square foot home has 4 or 5 bedrooms, 1 bath, modern kitchen, attic room, and basement. Attached to the home is an office with 1 bath and a 2-car garage. The buildings include a barn, several storage buildings, and other out-buildings great for livestock, storage, or business. There are built-in horse stalls, a modern hog facility, grain bins, and newer fencing. This is an excellent home for family, livestock, horses or business! For a complete list of buildings and bins call the sale manager. Parcel ID # 019-119-002.

PROCEDURE: There will be open bidding during the auction as determined by the auctioneer.

DOWN PAYMENT: 5% of the accepted bid as down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cash, cashier's check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

APPROVAL OF BID PRICES: The successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. The final bid price is subject to the Sellers acceptance or rejection.

DEED: Seller shall provide a Warranty deed.

EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.

CLOSING: Closing shall take place 15 days after proof of merchantable title.

POSSESSION: 30 days after closing.

REAL ESTATE TAXES: Pro-rate to day of closing

DITCH ASSESSMENTS: Buyer shall pay all ditch assessments if any due after closing.

ACREAGE: The acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos.

SURVEY: There will be no survey the property shall be deeded with the existing legal description.

EASEMENTS: The sale of the property is subject to any and all easements of record.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the auctioneer are final.

ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.