• Personal Property to be sold @ 10AM • Real Estate to be sold @ 12PM • 3840 Sq. Ft. Log Home • Potential Building Sites • Woods with Great Hunting & Recreation • 1 Mile North of Marcellus on M 40

36.73 +/- Acres Offered in 4 Tracts
Marcellus, Michigan, Cass County
Owner: Parks B. & Grace A. Wilson Equipment & Personal Property at 10:00 AM EASTERNReal Estate Sat, Aug 3, 2013 EASTERN
AUCTION IS OVER
TOTAL SOLD: $210,000
| Tract(s): 1-4 | @ $210,000 | ($5,717/acre) |
OPEN HOUSE/INSPECTION DATES
SATURDAY, JULY 13, 10-11:30AM
SATURDAY, JULY 20, 10-11:30AM
TUESDAY, JULY 30, 10-11:30AM
Meet with Schrader Representative at Tract 1
PROPERTY LOCATION
51850 M 40 N, Marcellus, MI Cass County, Michigan
AUCTION LOCATION
Held On Site
TRACT DESCRIPTIONS
Tract 1: 25.3± ac 818.12 ft. frontage on M 40 3840 sq. ft. Log Home 1632 sq. ft. main level, 1632sq. ft. lower level with walkout, 576sq. ft. upper level, 3 bedroom, 2 bath, plus 320sq. ft. deck at main level, excellent well built home Shop building 51 ft.X54 ft. heated and insulated used for general repair and welding bus., 40 ft.X64 ft. pole building used for storage. Mostly wooded great for hunting and recreation.
Tract 2: 3.7± ac 3.66+/- acres 342.73 ft.+/- frontage on Gooding St. each with a total of 10.97+/- acres.
Tract 3: 3.7± ac 3.66+/- acres 342.73 ft.+/- frontage on Gooding St. each with a total of 10.97+/- acres.
Tract 4: 3.7± ac 3.66+/- acres 342.73 ft.+/- frontage on Gooding St. each with a total of 10.97+/- acres.
EQUIPMENT & PERSONAL PROPERTY
FARM EQUIPMENT:
SHOP EQUIPMENT:
MAPLE SYRUP AND COOKING EQUIPMENT:
CAMPING SUPPLIES:
LUMBER AND FENCE POST:
HOUSEHOLD:
AREA MAP
TRACT MAP(S)


SOIL INFORMATION
AREA MAP(S)



PROCEDURE: The property will be offered in 4 individual tracts and as a total 36.73+- acres.
DOWN PAYMENT: Ten percent (10%) 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: 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.
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
CLOSING: The balance of the purchase price is due at closing which shall take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
POSSESSION: Possession of real estate at closing.
REAL ESTATE TAXES: Taxes shall be prorated to the date of closing.
APPROVALS: Sale and closing shall be contingent upon approval by Marcellus Township and the proposed land division and compliance with Public Act 591 as to all parcels sold. All real estate is being sold subject to any existing easements and right-of-ways of record and without grants of further division rights under Public Act 591.
ACREAGE: All tract acreages dimensions and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
SURVEY: No new survey owner has current survey.
AGENCY: Schrader Real Estate & Auction Company Inc. and its representatives are exclusive agents of the Seller.
DISCLAIMER & 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 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. All sketches and dimensions in the brochure are approximate. 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. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any questions as to the personal 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.
PERSONAL PROPERTY TERMS: Cash Check MasterCard Visa with 3% convenience fee on Credit Card purchases
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