Saturday, May 10,2008 12:00 PM  thru  01:30 PM
Sunday, May 18,2008 04:00 PM  thru  06:00 PM

On SR 13 on the South side of Syracuse, at the stoplight (Pizza Hut) turn east on Bowser Rd. to Harkless Drive. Turn left to Cable Lane, then turn right on Oakwood Dr. to the properties.

On site.

Lots 1 and 2 are adjoining Lot 3 is across the street. The lots will be offered individually, in any combination or one buyer may purchase all three lots. Selling in the manner resulting in the highest total price.
Lot 1: 419 E Cable Ln. Well constructed A-Frame home built with Lake Wawasee views in mind. Just a straight shot from pier to the Lake. Unique 2-1/2 story home has approx. 2350 sq. ft. of living space, high ceilings, open living room & kitchen, superb stone hearth fireplaces, 2 BR, 2 BA. Enjoy the views! Ready for boating, fishing & skiing this summer. Room for your boat and/or pontoon. Parcel #008-031-146.
Lot 2: 1132 Oakwood Dr. This home is great for a fixer-upper or has great potential for you to build your new home with water on 2 sides. 1060 sq. ft. of living space, 1 bath, 2 BR. Easy lake access and nearly 180' of water frontage. Great views & great fun or relaxation! Parcel #008-031-145
Lot 3: 1114 S Kitson Dr. 1333 sq. ft. garage (28'x48') great for storage, 3 overhead doors, concrete floors, heat, and an additional 14'x28' lean-to. If you're a neighbor and need storage or more parking area, this is a once in a lifetime opportunity! Buy this lot together with Lots 1 and or 2. Parcel #007-031-067.B.

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.