FORMAT, LOCATION AND CONDUCT OF THE AUCTION: The onsite auction of 7 Arctic Springs Road, Jeffersonville, Indiana (47130) with will be held onsite on Saturday, June 8th at 11 am. TERMS & CLOSING: The real estate is being sold AS IS, WHERE IS, WITH ALL FAULTS CASH FOR DEED.  Down payment for the real estate auction day is 5% of the purchase price in good check with signed auction purchase contract.  The balance of the purchase price is due at closing, on or before July 8th, 2019 for a general warranty deed.    Current year taxes will be prorated between Buyer and Seller as is customary to Clark County, IN.  Any delinquent property taxes will be paid by the seller at closing.  Possession will be with deed.  Buyer pays ALL closing costs including document preparation, filing fees, attorney title and closing fees.  Buyers release the Seller, Auctioneers and Brokers from any and all liability relating to any deficiency affecting the real estate, which release shall survive the closing of the transactions.  Buyer agrees to purchase the property AS IS, WHERE IS, WITH ALL FAULTS.  The Seller gives no warranties of any kind with respect to the condition or suitability of the property for the Buyers.  Agent for Seller reserves the right to bid on behalf of the seller up to but not in excess of the reserve.  Bidding at this online auction shows the bidder has read, understands and has agreed to these terms and conditions. BUYER’S PREMIUM:  A 10% Buyer’s premium will be dded to each winning bid to determine the selling price of the real estate. POSSESSION: Possession of the Real Estate shall be given date of deed. TWO PERCENT (2%) BROKER/AGENT PARTICIPATION: Attention Brokers and Agents: you will be paid at closing two percent (2%) of the high bid for representing a successful bidder closing this real estate transaction in accordance with the terms of the offering.  A registration form is available on the website and at our office.  Agents are to have submitted the broker registration form to bill.menish@svn.com or hand delivered to auctioneer by 4PM on Friday, June 7th, 2019.  Acceptance of a late broker registration form is at the discretion of Bill Menish of SVN Auction Services and if approved, the co-op commission drops to 1% of the high bid for representing a successful bidder closing this real estate transaction in accordance with the terms of the offering..  DEFAULT:  In the event of default by the Buyer, the deposit shall be forfeited as liquidated damages. INSPECTIONS:  Inspection of the property is by appointment or you can attend the two open houses on Sunday, May 18th and Sunday June 1st, both from 2-4 pm. Bidding: This will be a live, onsite auction. Bidders may bid directly to auctioneer or to auction staff. Auctioneer reserves the right to accept or reject any bid for any reason. Agent for Seller and/or auctioneer reserves the right to bid on behalf of the seller up to, but not in excess of the reserve. Auctioneer also reserves the right to not allow admittance to any bidder for any reason auctioneer deems appropriate. PROPERTY IS SUBJECT TO PRIOR SALE