AUCTION IS OVER

PROCEDURE: Tracts 1 & 2 will be offered in individual tracts or as a total property. There will be open bidding on both tracts during the auction. The bidder(s) whose bids result in the highest aggregate sale price will sign purchase agreements that will be subject to the Clay Co. Circuit Court's acceptance or rejection.

DOWN PAYMENT: 10% of the Contract Purchase Price as down payment on the day of auction with the balance in cash at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

BUYER'S PREMIUM: The Buyer's Premium of 6% will be charged to the Buyer. The Buyer's premium shall be added to the high bid to obtain the Contract Purchase Price.

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. Bids are subject to acceptance or rejection by the Clay County Circuit Court.

DEED: Seller will convey by Warranty Deed(s).

EVIDENCE OF TITLE: The Owner agrees to furnish a Title Insurance Policy. A preliminary commitment will be available for review prior to the auction.

CLOSING: The closing shall take place within 15 days after delivery to the Buyer an applicable title commitment and necessary closing documents.

POSSESSION: Possession shall be granted at closing.

MINERAL RIGHTS: The Sellers shall convey all mineral rights they own, if any.

REAL ESTATE TAXES: Real estate taxes shall be prorated to the date of closing.

ACREAGE AND TRACTS: All acreages are approximate and have been estimated based on current legal descriptions and/or aerial photos. Any corrections, additions, or deletions will be made known prior to the auction.

SURVEY: The property shall be conveyed by current legal description, no survey will be provided by the Seller.

PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries, and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Owner and Auction Company disclaim any and all responsibility for Buyers safety during any physical inspection of the property.

AGENCY: Schrader Auction Co. and its representatives are exclusive agents of the Seller. There shall be no subagency.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement. Tract acreages have been estimated based on aerial photographs and existing legal descriptions. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed 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, inquiries, 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. Some photographs within this brochure are used for illustration purposes only. Conduct of the auction and increments of bidding are at the direction and discretion of the Auction Company. 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.

NEW DATA, CORRECTIONS AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections or additions to the property information.

None at this time