Friday, May 09,2008 04:00 PM  thru  05:30 PM
Sunday, May 18,2008 01:00 PM  thru  03:00 PM
Sunday, May 25,2008 01:00 PM  thru  03:00 PM

From the intersection of US 30 and Old 30 (By K-Mart) in Warsaw. Turn east on Old 30 1 mile to CR 300 E (at Kos. Co. Hwy garage) turn left go 2-1/2 miles to CR 250 N. Turn right then travel to CR 325 E then turn left to CR 300 N. Then turn right to Stoneburner Road (Chapman Lake Drive) turn left 1/2 mile to property on left.

On site.

Lakefront Home, 967 Chapman Lake Dr. Beautiful 2000 sq. ft. home with approx. 126' of lakefront with sea wall & pier on .8 of an acre. Ski, boat, fish and relax. This home offers 3 bedrooms, 3 baths, oak kitchen, open living room with fantastic lake views and stone hearth fireplace. Dining room with lake view, laundry room with storage. Hot tub room in large bath area. Extra large garage with room for shop and storage. Lakeside storage building. Includes central air, Carrier gas forced air heat and Kinetico water softener. Big and Little Chapman Lakes contain approx. 534 acres of water area. Bluegill, bass, perch, walleye and crappie are a few of the fish native to Chapman Lakes. Don't miss this unique opportunity to own one of the choicest lake front properties on Chapman Lakes. Parcel #029-098-075.

PROCEDURE: The Oswego Lake and Chapman Lake Properties will be offered as a total unit. The Lake Wawasee Properties will be offered in Individual lots, combination of lots or as total properties.
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(s) will be required to enter into purchase agreements at the auction sites immediately following the close of the auctions. The final bid prices are 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: At closing.
REAL ESTATE TAXES: Pro-rate to day of closing
DITCH ASSESSMENTS: Buyer shall pay all ditch assessments due after closing if any.
ACREAGE LOT SIZE: All acreage or lot sizes are approximate and have been estimated based on current legal descriptions and/or aerial photos.
SURVEY: There will be no surveys as all the lots have existing legal descriptions.
EASEMENTS: The sale of each 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. Tract acreage has been estimated based on aerial photographs. 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.