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Donald L. Fields and Brenda S. French will offer for sale

100 acres m/l in Owen County

Auction Date: Thursday, November 7, 2019 @ 2 P.M

This property may be purchased prior to Auction by contacting the Auctioneer with an offer and the Seller will act on the offer. The deadline for making this offer is: November 6th @ 12 NOON

DIRECTIONS: From State Road 246 in Clay City go East towards Coal City. Turn right (south) onto Beechburch Road. Turn left (east) onto Denmark Road. Watch for Johnny's signs.

This Real Estate in Owen County has a high and dry remote building site – you can farm your 92.48-acre front yard. This property is located on Denmark Road. This won't last long, so please call Johnny today!!

Parcel Numbers: 60-13-25-400-160.000-023; 60-12-30-300-080.000-023
Legal Description: E 1/2 SE S25 T10 R6 80A Life Estate to Herbert Jr & Pauline Fields; W 1/2 SW S30 T10 R5 20A Life Estate to Herbert Jr. & Pauline Fields
Real Estate Taxes: $3,352 m/l per year

Terms: The Successful Bidder will deposit 10% of the contract purchase price (minimum $1,000, except for exempt entities) at the Auction in the form of cash, cashier’s check, approved personal check or company check with bank letter of guarantee (no bank drafts). The Buyers 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 Buyers 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 Buyers shall pay the mortgage policy and recording of 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 on day of sale or during the sale take precedence over any oral or written heretofore.

Buyers Premium: The Buyer's will pay 6% Buyer’s Premium which will be added to the bid price to arrive at the contract price.

Possession: At closing and not before - The Sellers would like to close after the first of January 2020.

Mineral Rights: An ALTA 2006 Title Insurance Commitment in the amount of the contract price will be supplied to the Buyer for the surface, if the Buyer desires a mineral search it will be at Buyers cost and will not delay the closing. Mineral Rights: All underlying minerals, coal, fireclay, gas and oil rights owned by Seller will go to the Buyer, if any and without any warranty.

Survey: Buyer will pay for survey, if one is needed.

Email: auctions@jswalls.com
FOR PRIVATE SHOWING CALL: 812-249-5090 or 1-877-696-5099

AGENCY: Johnny Swalls Auction, Inc. and it's Representatives are Excluve Agents of the Seller.

AUCTIONEER/BROKER: Col. Johnny Swalls, CAI, GPPA, CAGA, CREA, AU1026257, RB14033902, AC30700074.

1,016 Real Estate Parcels Sold of the last 1,023 Listed!!

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