Lake Catatoga Real Estate Information Packet Auction Date:

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1 Lake Catatoga Real Estate Information Packet Auction Date: Aumann Auctions, Inc Illinois Route 16 Nokomis, IL Office:

2 TABLE OF CONTENTS 1. Disclaimer 2. Who is Aumann Auctions 3. Specifics to the Property 4. Finger-tip Reference Sheet 5. Photo Gallery 6. Executive Summary 7. Legal Description 8. Terms & Conditions 9. Auction Tips 10.Thank You letter

3 Disclaimer: Catatoga Drive Clearwater All information contained in this package and any advertisements was obtained from sources believed to be accurate. However; no warranty or guarantee, expressed or implied, is intended or made with regard to the accuracy or completeness of this information. All purchasers must independently investigate and confirm any information or assumptions on which any bid is based. Neither Aumann s nor the Seller shall be liable for any errors or the correctness of the information provided in this package or in any advertisements or materials disseminated pertaining to the property. Property is sold AS IS, WHERE IS, WITH ALL FAULTS. Prospective bidders should verify all information. The property is offered for auction to qualified bidders without regard to prospective purchaser s race, color, religion, sex, marital status or national origin. The property and improvements will be offered AS IS without representation or warranty of any kind, including any representations regarding environmental conditions affecting the property or its title. The property shall be offered subject to conditions, restrictions, rights-of-way, easements, and reservations, if any, of record; subject to the rights, if any, of tenants-in-possession, under law. Neither Aumann s nor the Seller make or have made any representations or warranty with respect to the accuracy, correctness, completeness, content or meaning of the information contained herein. Any decision to purchase or not to purchase is the sole and independent business decision of the potential purchaser. No recourse or cause of action will lie against any of the above-mentioned parties should purchaser become dissatisfied with its decision, whatever it may be, at a later date. SECOND DISCLAIMER: All information contained was derived from reliable sources believed correct, but is not guaranteed. Buyers shall rely entirely on their own judgment and inspection. Aumann Auction s is acting exclusively on behalf of Seller in these transactions.

4 Aumann Auctions, inc Illinois Rte. 16 Nokomis, IL A Little Background Since it s inception in 1962, Aumann Auctions has been engaged in the marketing and sale of real and personal property at public auction, throughout the United States. During this period, the firm has conducted thousands of auctions for private individuals, corporations, museums, financial institutions, government agencies and others. Nelson Aumann founded the company in 1962 and was joined by his son, Kurt, in The company has since grown to include 6 auctioneers and 11 full time employees. Although the company calls Central Illinois home, the firm is licensed and services several mid-western states. They concentrate on farm, residential real estate, commercial real estate, antiques, art and other specialized fields. The team at Aumann Auctions is dedicated to their customers. We put our best foot forward each and every time in order to obtain all we can for the customer when selling their property. Aumann Auctions has won several advertising awards in the industry. They stand at the forefront within the industry among their peers. A reputation is a precious asset that we guard with an unending fervor. A reputation cannot be bought or given, it must be earned.

5 Specifics to the Property ADDRESS: Lake Catatoga Catatoga Drive Shipman, Illinois PARCEL ID# Lot 26 Area 2 Lot size is : 90ft. across Lake side...110ft. up East property line... 90ft. across front property line at road. and then 118 ft. down West side of lot... Built: 1999 w/dining area built in 2006 Square Footage: Approximately 1,400 sf Bedrooms: 3 MBR = 11 x 13 (2) BR = 10 x 12 Dining Room: 20 x 13 Great Room: 12 x 22 w/fireplace and cathedral ceilings Baths: 3 Basement: Full w/poured walls (walk-out basement) Exterior: Central Air Vinyl Siding Deck & Patio Heat: Water: Sewer: Gas (propane tank leased from Boente Shell) Furnace = 10 yrs old Public Septic 3 chamber aeration system Comments: This is a great piece of property on Lake Catatoga. A great place to come home to at the end of the day - weekends filled with hours of relaxation on the lake!

6 Finger-tip Reference Sheet ADDRESS: Lake Catatoga Catatoga Drive Shipman, Illinois PARCEL ID# Lot 26 Area 2 Lot size is : 90ft. across Lake side...110ft. up East property line... 90ft. across front property line at road. and then 118 ft. down West side of lot... Taxes: $2, for 2008 AUCTION DATE: Tuesday, October 20, 6:00PM Scheduled Open House: Wednesday, October 14, 2009 from 4-6 PM Can be shown by appointment, just call and ask for Becky or me at beckyc@aumannauctions.com TERMS OF SALE: Successful bidder(s) will be required to enter into a written contract to purchase and deposit $5, (five thousand dollars) earnest money, which is due at the conclusion of the auction with the remaining balance due on or before Friday, November 20, Earnest money must be made in the form of a certified check or cash. YOU ARE URGED TO THOROUGHLY INSPECT THE PROPERTY AND COMPELTE YOUR OWN DUE DILIGENCE BEFORE THE AUCTION!!

7 11636 Catatoga Drive, Lake Catatoga

8 11636 Catatoga Drive, Lake Catatoga

9 11636 Catatoga Drive, Lake Catatoga

10 11636 Catatoga Drive, Lake Catatoga

11 Executive Summary LAKE CATATOGA PROPERTY Catatoga Drive This is a great lake front property on wonderful serene Lake Catatoga!! The floor plan of this house is very inviting. Upon entering the home, you are welcomed by a roomy, yet warm great room complete with a fireplace adorned with rock. The cathedral type ceilings also add to this room. The kitchen is very user friendly and will be equipped with a dishwasher and stove. One of the best attributes to this lovely home is the dining room off the back of the house overlooking Lake Catatoga. This room is lined with long windows that allow for a great view while dining. Complete with three (3) bedrooms and three (3) full baths, this home is suitable for most any family. Off the master bedroom is a small deck for enjoying a day of relaxing or reading a book listening to the fish jump around in the water. The basement has poured walls, a large area for a family or gaming room, utility area and lots of storage!! The walk out basement is complete with a patio for enjoying family and friends. The grounds show a great deal of nice landscaping and a great walk way to the boat dock. Lake Catatoga is a no-wake lake. Boat stickers are mandatory. This lake is stocked with crappie, catfish, bass, walleye and bluegill. Annual dues are $ subject to be increased as the boards see fit. Currently, some necessary repairs are being done on the spillway. Title will be passed in the form of an assignment of the balance of a 99 year Leasehold Agreement. This Leasehold Agreement has a built in renewal clause to protect the Buyers. Lake Catatoga a great every day get-a-way!

12 Legal Description for Property Catatoga Drive Lake Catatoga PARCEL ID# Lot 26 Area 2 Lot size is : 90ft. across Lake side...110ft. up East property line... 90ft. across front property line at road. and then 118 ft. down West side of lot...

13 Terms & Conditions TERMS OF SALE: Successful bidder(s) will be required to enter into a written contract to purchase and deposit $5, (five thousand dollars) earnest money due at the conclusion of the auction with the remaining balance due on or before Friday, November 20, Earnest money must be made in the form of a certified check or cash. Closing will take place on or before Friday, November 20, This property is being sold as is, with all faults. We encourage you to perform due diligence on this property. You must rely on your own inspection and judgment when bidding on this property. The property is not being sold with a financing contingency, so we recommend that you pre-qualify yourself with your lending institution before bidding on this property. This will allow you to bid with confidence. If you have questions regarding the auction or this property, please contact beckyc@aumannauctions.com or dial

14 Auction Tips The following Auction Tips will help you in your purchase of an auction property. 1. Thoroughly read through the Property Information Package and familiarize yourself with the properties offered and the Auction Terms and Conditions. If you will require financing, please see a lender for pre-qualification. If you have questions about the Terms, Conditions or Purchase Agreement, contact our office and speak with one of the Auction Staff. We are here to assist you. 2. Schedule a personal showing of this property to perform your own due diligence. Establish a range of value for the property and bid within your limits. We do not recommend that you bid on a property that you have not seen. 3. Earnest money is $5, due at the conclusion of the auction as is the signing of the contract. Earnest money must be made in the form of a certified check or cash. 4. When you receive an accepted Purchase Agreement (fully executed by both Buyer and Seller), please be prepared to close the transaction within 30 days. Buying real estate at auction is that simple and easy. Good luck in your bidding!!

15 Aumann Auctions, Inc Illinois route 16 Nokomis, il At this time, Aumann Auctions, Inc. would like to say thank you for participating in the viewing of this real estate Property Information Packet. Please refer to the property information packet for all pertinent information relating to the property and the process of using the Auction Method of Marketing. If you have questions about the property or our services, please contact Becky Carter or Tom Sweet at or by ing Again, we appreciate the time you have spent reviewing this informational packet. We re sure it s going to make someone a lovely home. See you at the auction! Becky Carter, CES, CAI Realtor, Auctioneer Tom Sweet Auctioneer

Lake Catatoga Real Estate Information Packet Online Only Auction Begins Thursday, Sept. 24 & Ends Thursday, Oct. 3:00 PM

Lake Catatoga Real Estate Information Packet Online Only Auction Begins Thursday, Sept. 24 & Ends Thursday, Oct. 1 @ 3:00 PM Aumann Auctions, Inc. 20114 Illinois Route 16 Nokomis, IL 62075 Office:217-563-2523