Carrico

2 REAL ESTATE AUCTIONS

THE BUYER MAY PURCHASE EITHER REAL ESTATE PRIOR TO AUCTION

Paul and Sallie Carrico will offer for sale, at Auction, the Real Estate located at 309 Jackson St. and 305 Coal St., Hymera, Indiana.

The auction will be held at the Jackson Street location for both properties. WATCH FOR JOHNNY’S SIGNS!

WEDNESDAY, OCTOBER 10, 2007

3:00 PM (Sharp!)

HYMERA, INDIANA

(Sullivan County)

(Note: This real estate may be purchased prior to auction by contacting Johnny with an offer and the Seller will act upon the offer. The deadline for making this offer is Tuesday, October 9, at 12:00 Noon)

REAL ESTATE: TRACT ONE: This frame home has 4, possibly 5 bedrooms, 1.5 baths, an open front porch, recent siding, recent roof, new windows and is located on a large corner lot. There is a kitchen, dining room with bay window, living room and French doors leading to the large deck at the rear of the home. There is a full unfinished basement. The home needs totally remodeled inside because it has suffered fire damage. The previous owner is leaving 30-40 sheets of drywall and other miscellaneous building materials to help the Buyer with the remodeling of the home.

BUYER’S PREMIUM: On Tract One the Buyer will pay a 6% Buyer’s Premium with a minimum of $800. which will be added to the bid price to arrive at the contract price.

TRACT TWO: Features a 2 bedroom, 1 bath Mobile Home with washer/dryer hookup, central air, gas forced heat and 1 car detached garage on 1 lot, .25 acres.

BUYER’S PREMIUM: On Tract 2 the Buyer will pay an 8% Buyer’s Premium with a minimum of $800. which will be added to the bid price to arrive at the contract price.

PARCEL NUMBERS: 77-01-33-111-024-000-014; 77-01-33-112-061-000.014

LEGAL: PLEWS SUR PART LOT 2 PART LOT 2; IN CEN PART W 1/2 N 1/2 NE SECTION 33-9-8 .25 ACRES

REAL ESTATE TAXES: The real estate taxes are $188. per year on Tract 1 and $445. per year on Tract 2 and will be pro-rated at closing.

TERMS OF REAL ESTATE: The Successful Bidder will deposit 10% of the contract purchase price (except for exempt entities) at the auction in the form of cash, cashier’s check or approved personal check or company check with bank letter of guarantee (no bank drafts). The Buyer will sign a non-contingent real estate contract with the balance due in 30 days or thereafter within 5 days of presentation of insurable title. The Real Estate will be sold “AS-IS” with no warranty, expressed or implied, but will be free and clear of any liens or encumbrances. An ALTA 2006 Title Insurance Commitment in the amount of the contract price will be supplied to the Buyer by the Seller and Seller shall pay for title search, premium for owner’s policy and cost to correct any title defects. If obtaining a loan, the Buyer shall pay the mortgage policy. The Buyer will pay for the recording of his/her necessary documents. The Auction will conclude when the Auctioneer determines that all buyers have made their best and final offers. Anyone desiring to bid must be approved prior to sale by Johnny Swalls. Any statements made by the Auctioneer day of sale or during the sale take precedence over any oral or written heretofore.

SURVEY: Any survey needed will be completed after closing at the expense of the Buyer.

AGENCY: Johnny Swalls Auction, Inc. and its Representatives are Exclusive Agents of the Seller.

FOR PRIVATE SHOWING CALL: Sale Coordinator, PJ Bezy 812-495-6119

SALE LOCATION: 309 Jackson St, Hymera, Indiana.

FAX: 812-696-5090

E-MAIL: johnnyswalls@joink.com

AUCTIONEER’S PHONE: 812-495-6119

AUCTIONEER: Col. Johnny Swalls, CAI, AARE, GPPA,

CAGA, CREA

IN AU01026257

jswalls.com