AUCTION IS OVER

• Seller Relocating....says, "Sell Fast!"

OPEN HOUSE/INSPECTION DATES

SUNDAY, JUNE 26, 2-4PM or call office for private viewing

PROPERTY LOCATION

5020 SOUTHWOOD AVENUE, FORT WAYNE (Located off of Pettit, just west of Old Mill Road)

AUCTION LOCATION

On site.

TRACT DESCRIPTIONS

Tract 1: 1± ac Home Features:

Beautiful Living Room with Cathedral Ceiling and Wall of Windows

Spacious Family Room with Fireplace

Gorgeous Updated Oak Kitchen Cabinets

Formal Dining Room with Built-in China Cabinets

3 Nice size Bedrooms

2 1/2 Baths on the Main Level

A Large Basement with lots of entertaining room

Large Beautifully Landscaped yard with fence back yard

Large Patio off of the back

Home is at the end of the Cul de sac

Property has access to Foster Park Walkway

Gas Forced Air / Central Air

Replacement Windows

Most Appliances Staying Annual Taxes: $1448 w/Exemptions

AREA MAP

PROCEDURE: The property will be offered at public oral auction. DOWN PAYMENT: $2500 down payment on the day of auction with the balance in cash at closing. The down payment may be made 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.

ACCEPTANCE 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. Seller reserves the right to reject any and all bids.

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

DEED: Seller shall provide a Warranty Deed.

CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: On day of closing, immediately after the closing. REAL ESTATE TAXES: Real Estate Taxes will be pro-rated to the day of closing.

SURVEY: A new perimeter survey will be completed only if necessary for Title Commitment. The seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance. AGENCY: Schrader Real Estate & Auction Co. of Fort Wayne, LLC., Inc. and its representatives are exclusive agents of the Seller.

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. The property is being sold on 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. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure is subject to verifications by all parties relying on it. The Seller or the Auction Company assumes no liability for its accuracy, errors, or omissions. Conduct of the auction and increments of bidding are at the discretion of the Auctioneer. The Seller and Selling Agents 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.