AUCTION IS OVER

• Productive Tillable Land • Potential Building Sites • Woods • Wildlife • Hunting & Recreation • Tippecanoe Valley Schools

OPEN HOUSE/INSPECTION DATES

Walk over at any time or call the sale managers for private inspections.

PROPERTY LOCATION

West of Akron - 3/4 mile on SR 14 to CR 1075 E for Tracts 3 & 4 then 3/4 mile west of 1075 E to CR 1000 E then turn north for Tracts 1 & 2

AUCTION LOCATION

At the Akron Community Center, 815 E. Rural St., Akron, IN, on SR 14 north of the intersection of SR 14 & SR 114 in Akron.

PROPERTY DESCRIPTION

Bid your price on your choice of any tract or any combination of tracts

TRACT DESCRIPTIONS

Tract 1: 31± ac All tillable productive farmland or potential building site with frontage on CR 1000 E, 1/4 mile north of SR 14.

Tract 2: 33.5± ac Mostly tillable productive farmland, small wooded area on CR 50 S. Road Frontage on CR 1000 E and CR 50 S. 1/2 mile north of SR 14.

Tract 3: 39.5± ac Nearly all tillable productive farm land or potential building site on CR 1075 E and CR 50 S, 1/4 Mile north of SR 14.

Tract 4: 29± ac Secluded hunting and recreational ground or private, potential building site. Woods, grassland and potential pond site, approximately 10 tillable acres with road frontage on SR 14 and CR 1075 E.

AREA MAP

TRACT MAP(S)

Tract map - 133+/- Acres Offered in 4 Tracts - Farmland, Hunting & Recreation or Future Building Sites

SOIL INFORMATION

Soil map - 133+/- Acres Offered in 4 Tracts - Farmland, Hunting & Recreation or Future Building Sites

PLAT MAP(S)

Plat map - 133+/- Acres Offered in 4 Tracts - Farmland, Hunting & Recreation or Future Building Sites

AREA MAP(S)

Area map - 133+/- Acres Offered in 4 Tracts - Farmland, Hunting & Recreation or Future Building Sites

PROCEDURE: Bid on individual tracts any combination of tracts or on the entire property. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. The property will be sold in the manner resulting in the highest total sale price.

DOWN PAYMENT: 10% 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, cashiers 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: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection. Purchase agreements will be signed by the registered bidder only. If you choose to share the purchase with another party, you will be required to do so after the completion of closing as indicated on the signed purchase agreement.

DEED: Seller will provide a Warranty deed.

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

CLOSING: Closing shall take place 15 days after marketable title.

POSSESSION: At closing.

REAL ESTATE TAXES: The Seller shall pay the 2011 real estate taxes, due in 2012. The Buyer shall pay all taxes thereafter.

DITCH ASSESSMENTS: The Buyers shall pay any ditch assessments due after closing, if any.

SURVEY: There will be a new survey for each tract. The new surveys are not completed at press time. The exact surveyed acres will be available at the auction site. The survey costs shall be shared 50:50 between Buyer(s) and Sellers. Sellers shall not be responsible for any closing costs incurred due to the Buyer(s) securing financing. 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. No guarantee as to location of septic and well, or condition of septic and well is made by the Auction Company, its agents or Sellers. 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 persons 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.