Real Estate Terms:
"Addendum A"
Auctions Terms of Sale and Conditions
Auction Date January 12, 2021 at 5:00 PM
1. There is a 4% Buyer's premium charged at this auction.
2. Parcels sell with the confirmation of Seller(s)
3. 5% down payment per parcel is required at the close of the auction if Paying balance in cash.
Personal, Cashier's, or Corporate/Farm checks are acceptable. This payment will be held in a non
interest bearing account and applied toward the purchase price at closing. This is a nonrefundable
deposit unless by default of the Seller(s). The sale of the real estate is not contingent on financing so it is
advised that the purchaser make financial arrangements prior to bidding. The balance of the purchase
price is due in cash at closing or Seller Financing subject to prior approval.
4. Closing to take place within 45 days of auction or when insurable title is available.
5. A Title Insurance Policy will be issued by a company of the auctioneer's choice. Seller and purchaser
will split closing costs of sale 50/50. Any cost associated with purchaser financing is at the expense of
the purchaser only.
6. Any cost for surveys required are to be split by the Buyers equally on a per parcel basis. When the
new surveys are ordered, the surveys will be ordered by The Auction Company and/or its designated
agent, and will be for the perimeter only. No information, data, or discussion is permitted by the
surveyor and the buyer(s) or buyer(s) agent without authorization from the seller, auction company, or
real estate broker.
7. The Seller(s) shall retain all rents and any other payments due the Seller(s) for the 2020 Season and
possession of the land shall be at closing subject to the Tenant's Right to harvest(Where Applicable).
Possession of the house and buildings, if applicable, will be at closing.
8. Purchaser will assume Spring installment(A) of Real Estate taxes, assessments, including drainage
assessments, if any, due and payable in Spring of 2021 and thereafter.
9. If Separate owners are represented at this auction, then the terms and conditions apply to all parcels.
Bidding increments are at the discretion of the auctioneer and may vary.
10. All Real Estate and property is sold As-Is without any warranty. Agent and Seller(s) make no
assurances to the ability to obtain any zoning or building permits of any kind. Your bids are to be based
solely upon your inspection. The sellers, auction company, real estate broker, and their representatives
make NO warranty with regard to zoning classifications, specific purpose or use restrictions, easements
or deed restrictions, availability or location of utilities; availability of building, driveway, water or septic
permits; or any information or materials provided by any third party regarding the auction property. If
parcels sold separately Administrative Plat will be required for future Building.
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11. Parcels will be sold by the dollar and not by the acre. Parcels were created by using the County
Beacon GIS online mapping website and acreage amounts are approximate and as accurate as the
system will allow. Parcel acreages are not guaranteed, and no price adjustments will be made for
variations in amounts. Actual acreage amounts and new property lines can only be determined by an
actual survey, if required.
12. Any announcements made day of sale take precedence over printed material or any other oral
statement made. Auction company, Broker, or owner not responsible for accidents. Information has
been provided via various printed and electronic media for the bidders'/potential buyers' review.
Although, this information is deemed to be reliable, it is NOT guaranteed, and should NOT be
substituted for the bidders'/potential buyers' independent verification, and investigation of the
property. The auction company and its agents including real estate broker disclaim any warranty or
liability for information provided.
13. At the close of the auction, the high bidder(s) will be required to execute a purchase contract in the
form of the Agreement to Purchase Real Estate, Addendum A, and if applicable(Lead Based Paint
Disclosure, and Sellers Residential Real Estate Disclosure). These terms and documents are nonnegotiable. Time is of the essence. All terms and conditions of the Agreement to Purchase Real Estate
and Addendum A shall survive the closing. If any provision of the Addendum A is inconsistent with a
provision of the Agreement to Purchase Real Estate, the provision of the Addendum A shall prevail and
control.
14. Jeff Boone Auctions and its agents and representatives, including real estate broker are the exclusive
agents of the sellers.
15. Seller and Buyers agree to take actions as requested to facilitate the closing of the sale including, but
not limited to accommodating access by various vendors as may be required (i.e. surveyors, appraisers,
etc.)

Mardena Good 136 +/- Multi-Parcel Real Estate Auction January 12th, 2021 at 5:00 PM EST Property Location: 15037 Riebolt Road, Rushville, IN 46173 Auction Location: Community Center in Andersonville 27144 US Hwy 52 Rushville, IN Rare Opportunity! 134+/- Acre Retreat with Modern 4300 Sq Ft 4 Bedroom 3 Bath Brick Ranch 700 Sq Ft Attached Garage Full Finished walk-out basement with patio and outdoor kitchen overlooking lake. Rolling pasture with mature trees and tillable acreage, large pole barns, fenced pasture, main lake and smaller ponds stocked with fish. Parcel 1: 65 +/- Acres with Tillable Farm Ground Parcel 2: 29 +/- Acres Home, 2 Barns, Lake, Ponds, & Pasture Parcel 3: 40 +/- Acres with Tillable Farm Ground Parcel 4: 3 ½ +/- Acres (Swing tract) All showing requests must call Terry Sheets at 765-810-5351 or email TLSHEETS61@GMAIL.COM for appointment. Scheduled times will be limited to Pre-Approved buyers only. Please provide at least 48 hours and COVID 19 Disclosure prior to approval of showing time. This property will be offered in a multi-parcel auction.