REAL ESTATE TERMS & CONDITIONS: 1. Auction: 131.09+/- Acres in Preble County owned by Grandkids Farm, LLC will be offered at Public Auction September 15, 2018 at noon. The real estate will be offered subject to owner’s confirmation of bid. 2. Offering: Two tracts will be offered individually and in combination. 3. Deposit: $25,000 Deposit due day of sale in Certified Funds. 4. No Financing Contingency: Your bid is not subject to Financing. Be sure to arrange financing if necessary before bidding. 5. Deed: Seller to provide Warranty Deed free and clear of any liens. Real estate is sold subject to all rights of ways, leases, and easements of public roads and utilities. 6. Closing: Closing to occur within 45 days of Auction. The balance of the Purchase Price is due in cash at closing. 7. Real Estate Taxes: The real estate taxes shall be prorated at closing. The Buyer shall pay thereafter. 8. Acreage: All tract acreage, dimensions, and boundaries are approximate and have been estimated based on current legal descriptions or Auditor information. 9. Possession: Possession at Closing, subject to Tenant’s 2018 Crop Rights. 10. CAUV: Buyer to assume CAUV Taxes currently on property. 11. Agency: Bowling & Kugler Realty and Myron Bowling Auctioneers, Inc. and its representatives are exclusive agents of the Seller
On-site: 10% Buyer's Premium (will be added to bid price)
Online: 13% Buyer's Premium (will be added to bid price)
Sales tax rate is 7.25%. We will charge local sales tax unless you have your tax exempt number with you or have it faxed to our office. Our fax number is 513/738-0221.
STATE AUCTION LICENSE NUMBER(S)
Myron C. Bowling - 62197620939 Myron Bowling Auctioneers, Inc. - 63198514949
Removal of Purchases
Removal begins after the last item is sold and lasts for one hour (or until 5PM). Removal will continue the next morning and on all weekdays from 8AM to 5PM. Last day for removal is Friday, 9/21/18. RIGGING AND REMOVAL IS THE RESPONSIBILITY OF THE BUYER. Small, carryout items, should be removed immediately after the auction or the day after the auction. Anyone, either a buyer or rigger, who uses a powered vehicle to remove anything from the auction site, will need a certificate of insurance.
CERTIFICATE OF INSURANCE
HOLDER: Donald A Vonderhaar 3392 OH-725 West, Camden, OH 45311 ADDITIONAL INSURED: Myron Bowling Auctioneers, Inc. RE: (auction site address) AMOUNTS: General Liability - $1,000,000 each occurrence $2,000,000 General Aggregate Business Auto - $1,000,000 Combined Single Limit
Real Estate will be offered at Noon. 6% Buyer's Premium (will be added to bid price)
Real Estate: 3489 Paint Creek-Four Mile Road, Camden, OH 45311
Real Estate Inspection - BY APPOINTMENT ONLY. Contact Bob Kugler (513) 646-3283.