DOWN PAYMENT: A 10% down payment is due on the day of the auction with the balance due at closing. The down payment may be in the form of cash, cashier's check, personal check or corporate check, or wire transfer. Bidding is not conditional upon financing. Bidders should arrange for financing, if needed, and be capable of paying cash at closing.

ACCEPTANCE OF BID: Successful bidder will be required to enter into a Purchase Agreement immediately following the close of the auction. Real Estate will be sold subject to approval of seller.

BUYER'S PREMIUM: A 6% Buyer's Premium will be added to the high bid to determine the contract sale price.

DEED: Seller shall provide a Sufficient Deed conveying title to the property.

CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of the presentation of insurable title.

POSSESSION: Possession of real estate shall be delivered to the buyer at closing.

REAL ESTATE TAXES: The real estate taxes will be prorated to the date of closing.

ACREAGE: All tract acreages, dimensions, and proposed boundaries outlined on the auction plat and all advertising are approximate and are estimated based on current legal descriptions and/or aerial photos. Purchaser should make his/her own independent determination of acreage prior to bidding.

SURVEY: If a survey is deemed necessary to establish a new legal description, the cost of the survey will be shared 50/50 between the seller and buyer.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this ad and all related materials are subject to the terms and conditions outlined in the Purchase Agreement, which shall take precedence. 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 WILLIAM WILSON AUCTION & REALTY, INC., including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities, assurance of building permits, driveway permits, or water and septic permits. All sketches and dimensions are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property.

MODERN COUNTRY HOME AND WORKSHOP ON 10 WOODED ACRES ONLINE ONLY REAL ESTATE AUCTION WEDNESDAY, APRIL 22, 2020 AT 5:30 PM (CT) 722 E CR 1200 N, CARMI, IL William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to Fred and Martha Wolford Trust at 722 CR 1200 N, Carmi, IL. DESCRIPTION: MODERN 3-BEDROOM, 2-BATH HOME APPROX. 2,546 SF FULL BASEMENT ATTACHED 2-CAR GARAGE DETACHED 30×48 SF WORKSHOP/GARAGE 10 +/- WOODED ACRES WITH EASY ACCESS OFF HWY 1 INSPECTIONS: By Reservation Only Tuesday, April 14, 5-6 PM (CT) Sunday, April 19, 2-3 PM (CT) To reserve your inspection please visit https://www.signupgenius.com/go/9040B4DAAAA2BA1FA7-inspection1 Or go to Wilsonauctions.com and select "Links" tab in the property page. OWNER: Fred and Martha Wolford Trust