BUYERS PREMIUM A 5% Buyer's Premium will be added to the final bid amount to determine the Final Selling Price. The Buyer's Premium will be reflected in all closing documents by way of Final Selling Price Amount. Buyer's Premium to be at least $2,500. SOFT CLOSE Bidding is set to begin closing at 5pm on August 13, 2019. Any bids accepted within the final 3 minutes of the auction, will extend bidding an additional 3 minutes. Extensions may continue until no bids are accepted for 3 minutes after the previous bid. Bidding is not concluded until 3 minutes between bids, after 5pm has occured. Enter the "Live Close" to see current bids and bid timers to assist with watching the auction close. CONDITIONS OF SALE The property is being sold AS-IS, WHERE-IS without contingencies. The sellers of this Real Estate, and Leist Auctioneers do not represent warranties, whether expressed or implied as related to merchantability, condition, usability, fitness for occupancy, or fitness for a particular purpose, or any matter whatsoever type or nature. All inspections and determinations are the responsibility of hte purchaser. Any improvements which may need to be done will be the responsibility of the purchaser. The seller's offer no statements of representation as they did not own the property prior to Robert's death, and are not familiar with any attributes whether enhancing or detracting. All information advertised or stated was derived from sources believed to be correct, but is not guaranteed. INSPECTIONS Bidders shall rely entirely upon their own information, judgement, and inspection of the property and records. Bidders have been presented opportunities to inspect prior to auction, and were encouraged to do so. Any inspections conducted Post-Auction shall not produce contingencies related to the sale and closing, nor contingencies related to your bidding. Leist Auctioneers cannot provide inspection or access to the property after the auction, until closing. WAIVER OF 9 DAY WITHDRAWAL Bidders understand and acknowledge that by purchasing at auction they thereby waive all rights to the 9 Day Withdrawal Period from date of the Buy/Sell Agreement. EARNEST MONEY DEPOSIT In the event that a final tendered bid is accepted as the high bid for this auction, the winning bidder is responsible for an Earnest Money Deposit in the amount of $5,000. This deposit is due immediately concluding the auction via credit card charge. It is agreed that this deposit may be forfeited if the purchaser/bidder is unable to perform closing within 30 days of August 13, 2019. The deposit and sale of the property is not contingent upon financing, post-auction inspection, acceptable environmental reports, surveys, use requirements, other property sales/purchases, or any other matter whatsoever. It is further warranted that any form of payment tendered at the conclusion of the auction is guaranteed, and non-refundable. CLOSING The remainder of the purchase price will be due within 30 days from August 13, 2019, or within 10 days of all closing paperwork being ready, whichever is later. If the closing of sale is delayed for reasons related to title work or title defect which may be readily corrected, the closing can be extended for 60 days to correct defects. Closing will be performed by Talon Title Company of Petoskey, MI. A Commitment to Insure has been provided by the Seller through Talon Title Company. Seller will provide at their cost, a deed to the property and an Owners Title Insurance Policy. All other closing costs will be divided equally between Buyer and Seller. Property Taxes which are due on the property on or before the date of the auction will be paid by the Seller, without proration. All Property Taxes due after the date of the auction will be the responsibility of the Buyer without proration. AUCTION SPECIFIC TERMS This auction is a "MINIMUM BID AUCTION" meaning any bid above the "STARTING BID" will be accepted by the Seller. Successful bidders must sign all purchase agreements before close of business on August 14, 2019 and have accepted credit card deposit in the amount of $5,000. The auction will be conducted at the sole discretion of Leist Auctioneers with any and all bids recognized at their discretion. Bid increments shall be set and accepted at the discretion of Leist Auctioneers. Leist Auctioneers reserves the right to place bids on behalf of any buyer, employee, principal or seller.

36.1 acres of vacant property in Osceola County's Sylvan Twp. This land has been vastly undisturbed for the last 50+ years and offers a hunting retreat opportunity at a price point for most any interested party. The auction will conclude on August 13 via online bidding. This auction is considered a "Minimum Bid Auction" meaning the first bid of $25,000 will set in motion the sale of the property after the conclusion of any competitive bids. A nonrefundable deposit of $5,000 will be charged to the winning bidder's credit card on file. A 5% Buyer's Premium ($2,500 minimum) will be added to the final bid amount to achieve the Final Selling Price of the property. All closing documents will convey a selling price which includes the Buyer's Premium.