REAL ESTATE DISPERSAL AUCTION!

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1 REAL ESTATE DISPERSAL AUCTION! Lumber Yard, Inventory, Rental Equipment & 72 ac m/l Farm Land Saturday, April 18, 2015 On-Site at 2661 Nebraska Rd, La Harpe, KS Inventory & Equipment begins at 10 am with Real Estate at 11 am Viewing Day: Friday, March 20th from 10 am to 1 pm On-Site Seller: Diebolt Lumber & Supply Presented by: United Country-Commercial Toll Free: Kurt Hollenberg, Broker/Owner, Jerry Lehmann, Auctioneer,

2 Real Estate will be sold as 4 Tracts at 11 am SHARP! A 1,771 sq. ft. home built in 2000 along with two outbuildings. Outbuilding #1 is a 4,080 sq. ft. barn built in Outbuilding #2 is a 6,144 sq. ft. barn built in 1950 also. The buildings are situated on 5 ac m/l. Tract 1

3 Tract 2 is the 10,380 Lumber Yard Retail Center built in 1976 and a 4,680 sq. ft. barn built in The Retail Center is 100 X 100 with a 14 ceiling and offers 4 office spaces, 3 sales areas, a break room, storage and 2 restrooms. It is heated and cooled with electric and has canopy parking that measures 20 X 80 and is on 2 ac m/l.

4 Tract 3 is a 1,724 sq. ft. fully remodeled display home with 3 outbuildings. Outbuilding #1 is an 18,920 sq. ft. shop built in Outbuilding #1 has 7,138 sq. ft. of finished space with heated flooring and a 2,200 sq. ft. canopy. Total dimensions are 96 X 220 X 20 ceiling. Outbuilding #2 is a 5,880 sq. ft. building that was constructed in Dimensions are 62 X 160 X 16 6 ceiling. Outbuilding #3 is an 11,520 sq. ft. building constructed in Dimensions are 40 X 148 X 15 4 ceiling.

5

6 Tract 4 is 72 ac m/l with 61 ac m/l FSA Tillable. Blacktop Frontage on Nebraska Rd and utilities available. Lumber Yard Inventory & Rental Equipment Cantilever Racking Concrete Forms Pallets of Bagged Concrete Corian Granite Countertops Garage Doors Laminate Flooring Flooring Underlayment Shower/ Tub Kits Crown Molding Lumber Kitchen Displays Chain Link Fencing Shingles Doors gallon Fuel Tanks Laminate Countertop Saw Landscaping Bricks Outdoor Kitchen Hawken Wood Broiler Granite Counter Router Desks Chairs Copiers Other Miscellaneous Office Equipment T590 Bobcat Skidsteer hrs. Like new 2003 Dodge 3500 with 12 X 8 X 7 ft. Box Bed 6spd. 305,000 mi. Fastline Dump Trailer Tandem Axle 2007 Ford Diesel 168, volt Concrete Mixer 2002 Sterling Truck 435,000 mi. Wolfpack Packer hrs. Palfinger CR50PP Forklift hrs. 20 Kaufmann Bumper Hitch Trailer with Ramps 2006 Ford 350 Flatbed with blown engine 2012 Load Runner 12 X 6 X 6 Enclosed Trailer Heartland 18-4 Wood Bed Tilt Trailer 45 Aerial Lift 2008 Interstate Enclosed 24 Trailer AND MUCH, MUCH MORE!

7 All This AND More! *All mileage and hours are approximate until day of sale.

8 TERMS AND CONDITIONS OF AUCTION 1. Seller is serious about selling this property at this auction, but does reserve the right to accept or reject the final bid on this property. Each bid shall constitute an offer to purchase, and the final bid, if accepted by the seller, shall constitute a binding contract between the Buyer and the Sellers. Conduction of the auction and increments of bidding are at the direction and discretion of United Country-Commercial and/or the auctioneers. The successful bidder must enter into a purchase agreement the day of the auction, immediately following the conclusion of the bidding. 2. Property is sold AS IS - WHERE IS and Buyer should take time to examine this property thoroughly and rely on their own judgment. The only guarantee from the Seller is a valid, good and marketable title to the property. Neither the Seller nor United Country-Commercial or the Auctioneers or Associates are giving any warranties other than the Seller s Title Warranty. Buyer must conduct their own inspections at their own expense prior to bidding at the auction. Auctioneers, United Country- Commercial or its agents are not responsible for any representation made by Sellers or their employees and are not responsible for accidents on the sale property should any occur. 3. The sale of this property is subject to any and all easements of record. Survey will be conducted if necessary for a clear legal description. Seller will pay for all costs associated with subdividing the property including access for Tracts 1 and 3 to Nebraska Road. 4. The purchase price of the real estate tracts is subject to a 6% Buyer s Premium. If the final accepted bid price is $100,000 then the final purchase price would be $106,000 ($100,000 bid + 6% Buyer s Premium = $106,000). 5. Buyer and Sellers will enter into a standard format Contract for the Sale of Real Estate on the day of auction. Contract will call for a 10% down payment in the form of a personal or corporate check, cashier s check with the balance of the purchase price due, in certified funds, on or before the 19th day of May, Contracts will contain no financing or inspection contingencies and Buyer must have their own financing and make their own inspections prior to bidding at this auction. Escrow payments will be made payable to First Title Service, Iola, Kansas. Seller will furnish title insurance in the amount of the selling price and deliver title by General Warranty Deed. Buyer will be responsible for their own mortgage policies of title insurance (if applicable) taxes will be prorated. Customary closing fees will apply to both Seller s and Buyer s transactions. Informational title commitments reflecting the public record will be made available for potential buyer for review on day of auction or, by request, earlier. 6. Announcements made by United Country-Commercial and/or their auctioneers during the time of the sale take precedence over any previously printed materials or any other oral statements made. The sale will be controlled by the auctioneer. United Country-Commercial and/or the Auctioneers represent the Seller only. The only guarantee from the Seller is a valid, good and marketable title to the property. Neither the Seller nor United Country-Commercial or the Auctioneers or Associates are giving any warranties other than the Seller s Title Warranty. The property is being sold subject to all easements, covenants, conditions, zoning and any other existing matters. If a tie or dispute occurs between two or more bidders, the Auctioneer may re-open the bidding at the Auctioneer s sole discretion and shall serve as the sole arbiter as to who is or is not allowed to bid. The Auctioneer reserves the right to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding and to accept or reject any or all bids. The Auctioneer reserves the right to enter bids on behalf of absentee/phone bidders as well as the Sellers. Any and all decisions of the Auctioneer regarding the conduct of the auction shall be final and absolute without liability to any party. THE BIDDING WILL ONLY LAST A FEW MINUTES AND THE AUCTIONEER HAS FINAL SAY.

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