Auction Terms

Minerals: All mineral interests owned by the Seller, if

any, will be conveyed to the Buyer(s).

Taxes: Real estate taxes will be prorated to closing.

Conditions: This sale is subject to all easements,

covenants, restrictions of record, and leases. Each

Bidder is responsible for conducting, at their own risk,

their own inspections, inquiries, and due diligence

concerning the property. All property is sold on an “AS

IS-WHERE IS” basis with no warranties or guarantees,

either expressed or implied, by the Seller or Auction

Company.

Possession: Possession will be granted at closing on

August 31, 2021, or such other date agreed to by the

parties. Subject to current lease.

Earnest Payment: A 15% earnest money payment is

required on the day of the auction. The payment may be

in the form of cash, cashier’s check, personal check, or

company check. All funds will be deposited and held by

Elwood, O’Donohoe, Braun & White LLP the closing

agent.

Contract and Title: Immediately upon conclusion

of the auction, the high bidder(s) will enter into a real

estate contract and deposit with Elwood, O’Donohoe,

Braun & White LLP the required earnest payment.

The Seller will provide a current abstract of title at their

expense. The cost of any escrow closing services

will be paid by the Seller. Sale is not contingent upon

Buyer(s) financing.

Closing: The sale will close on August 31, 2021, or

such other date agreed to by the parties. The balance

of the purchase price will be payable at closing by wire

transfer funds at the discretion of Elwood, O’Donohoe,

Braun & White LLP the closing agent.

Sale Method: The real estate will be offered in two

tracts. All bids are open for advancement, until the

Auctioneer announces that the real estate is sold or

that the bidding is closed. Bidding increments are solely

at the discretion of the Auctioneer. No absentee or

telephone bids will be accepted without prior approval

of the Auction Company and seller. All decisions of the

Auctioneer are final.

Approval of Bids: Final sale is subject to the Seller’s

approval or rejection.

Agency: Farmers National Company and its

representatives are acting as Agents of the Seller.

Announcements: Information provided herein was

obtained from sources deemed reliable, but neither the

Auction Company nor the Seller makes any guarantees

or warranties as to its accuracy. All potential bidders

are urged to inspect the property, its condition, and to

rely on their own conclusions. All sketches, dimensions,

and acreage figures are approximate or “more or less”.

Any announcements made auction day by the Auction

Company will take precedence over any previous

printed materials or oral statements. The Auction

Company and Seller reserve the right to preclude any

person from bidding if there is any question as to the

person’s credentials or fitness to bid.

Seller: Shirley Mcconnell, Monica Malli, Sharon Boyd,

John Sexton

Auctioneer: Joel Ambrose