*PLEASE READ TERMS IN AUCTION DESCRIPTION AS BOTH PARCELS HAVE SLIGHTLY DIFFERENT TERMS*

DOWN PAYMENT:10% non-refundable 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.

BUYER`S PREMIUM: A buyer's premium of 10%, with a minimum of $3500, will be added to the final bid price of the property.

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.

DEED: Seller shall provide a Warranty deed.

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

CLOSING: Closing shall take place in 30 days,

POSSESSION: At closing.

REAL ESTATE TAXES: Taxes are pro-rated and final at day of closing

ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos.

SURVEY: There shall be no survey, unless parcels 1-3 sell individually and not as one lot. If sold in separate parcels, a survey will be required and the cost will be split 50/50 between buyers and seller.

EASEMENTS: The sale of the property is subject to any and all easements of record.

ONLINE BIDDERS: All online bidders will be required to abide by the same terms. They will be required to complete the purchase agreement within 24 hours from the auctioneer declaring the property sold at the auction.

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. Tract acreage has been estimated based on aerial photographs. 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. 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.

ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE.

Absolute Real Estate Auction Tuesday November 19, 2019 6:00pm EST Auction located at Lake Bruce Garage 991 N Main St Kewanna, IN. Parcel 1 - 116.4 Acres of Prime Farm Ground Located on the southeast corner of 1100 W and State Road 14 Kewanna, IN. Selling to highest bidder regardless of price is this prime farm in Fulton County. 116.4 acres in total with approximately 109 acres of tillable ground. Farm is located on State Road 14 and has over 5300 feet of road frontage. Majority of soil is barry and crosier loam, with drained muck and fine sandy loam making up a majority of the rest of the soil. This farm is currently in the first year of a five year farm lease. Current rentor is paying cash rent of $225 per tillable acre with payments due on May 1 and November 1 each year, with a total rent of $24,525.00 per year. New owner will receive all payments starting in 2020. This farm is the perfect investment for any investor with guaranteed cash flow. Don't miss this rare auction opportunity. Parcel ID: 25-05-17-100-001.020-014 Taxes 2018 Pay 2019: $2860.40 Terms: 10% non-refundable down payment immediately after closing of auction, closing in 30 days, sold as-is, possession at end of current lease in 2024, personal representative deed, taxes pro-rated and final to day of closing, absolute auction, and subject to a 10% buyer's premium. Parcel 2 - Residential Home and Garage on 1.75 Acre Lot Located at 7478 W State Rd 14 Rochester, IN. Another property selling to highest bidder is the nice country estate home. Set on a scenic 1.75 acre lot with mature trees and surronded by corn fields, this classic farm house features 1763 square feet of space. The home has 4 bedrooms and 1 bath. Detached from the home 1344 square foot building/garage. Perfect workshop or oversized garage. This property is need of cosmetic updates, but has unlimited potential for the new buyer. Taxes 2018 Pay 2019: $264.48 (with exemptions). Terms: $5,000 non-refundable down payment immediately after closing of auction, closing in 30 days, sold as-is, possession at closing, personal representative deed, taxes pro-rated and final to day of closing, absolute auction, and subject to a 10% buyer's premium or $3500, whichever is greater. Open House: November 9th 10am-12pm. Can't make it? Call for a private showing. Owner: Marta Lee Smith Estate Kraft Real Estate Auctions Col. Conrad Kraft- AU01032667 Jonathan Kraft – AU10500173 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com