Minerals: All mineral interests owned by the Seller,
will be conveyed to the Buyer(s).
Taxes: Seller will pay those real estate tax
installments due and payable through May 3, 2018.
Conditions: This sale is subject to all easements,
covenants, restrictions of record, and leases.
Each Bidder is responsible for conducting, at
their own risk, their own inspections, inquiries,
and due diligence concerning the property. All
property is sold on an “AS IS-WHERE IS” basis
with no warranties or guarantees, either expressed
or implied, by the Seller or Farmers National
Company.
Possession: Possession will be granted at closing
on May 24, 2018, or such other date agreed to by
the parties.
Earnest Payment: A 10% earnest money payment
is required on the day of the auction. The payment
may be in the form of cash, cashier’s check,
personal check, or company check. All funds will be
deposited and held by the closing company in their
trust account.
Contract and Title: Immediately upon conclusion
of the auction, the high bidder(s) will enter into a
real estate contract and deposit with the closing
company the required earnest payment. The Seller
will provide owner’s policy of title insurance in
the amount of the contract price. The cost of title
insurance will be paid by the Seller. The cost of any
escrow closing services will be paid by both the
Seller and Buyer(s). Sale is not contingent upon
Buyer(s) financing.
Closing: The sale closing is on or about May 24,
2018. The balance of the purchase price due at
closing will be paid by wire transfer.
Sale Method: The real estate will be offered as one
individual tract. All bids are open for advancement
until the Auctioneer announces that the real estate
is sold or that the bidding is closed. The real estate
will sell in the manner resulting in the highest total
price. Bidding increments are solely at the discretion
of the Auctioneer. No absentee or telephone bids
will be accepted without prior approval of Farmers
National Company and Seller. All decisions of the
Auctioneer are final.
Approval of Bids: Final sale is subject to the
Seller’s approval or rejection.
Agency: Farmers National Company and its
representatives are acting as Agents of the Seller.
Announcements: Information provided herein was
obtained from sources deemed reliable, but neither
Farmers National Company nor the Seller makes
any guarantees or warranties as to its accuracy. All
potential bidders are urged to inspect the property,
its condition, and to rely on their own conclusions.
All sketches, dimensions, and acreage figures are
approximate or “more or less”. Any announcements
made auction day by Farmers National Company
will take precedence over any previous printed
materials or oral statements. Farmers National
Company and Seller reserve the right to preclude
any person from bidding if there is any question as
to the person’s credentials or fitness to bid.
Seller: Donald Bohm Estate c/o Thrivent Trust Co,
Trustee
Auctioneer: Joe Sherwood, Sherwood Auction
Services, LLC (989) 640-9401
A