TERMS AND CONDITIONS - PDF Free Download

TERMS AND CONDITIONS Registration at the auction confirms your agreement to the terms and conditions of sale as stated in the sale day notes, which are incorporated by reference into your bidding. DO NOT BID unless you have registered, received a Bidder s Card and Sale Day Notes and have read and agreed to be bound by the terms of sale and the Sale Day Notes as they are enforceable against you upon bidding. All properties are sold AS IS, WHERE IS with no financing, inspection, or other contingencies to sale. Taylor Made represents the Sellers only and does not inspect properties on bidder s behalf. Read the Sale Day Notes to determine the existence of any disclosures, exclusions, representations, and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures. All measurements are plus or minus and all improvements located on the property are sold AS IS without warranty as to their condition neither expressed nor implied and subject to any redhibtory defects. Each high bidder will make a 10% nonrefundable deposit per property immediately following auction. Cash, cashier s check, and personal checks are accepted. If you are a resident/citizen of a country outside the U.S., certified funds (bank check, wire transfer, certified checks) are required for the down payment and closing. The balance of the purchase price and all closing cost are due at closing within 45 days. If for any reason Seller does not perform or accept the terms of the Contract, the sole remedy shall be the return of Buyer s deposit. Current year s property taxes will be prorated as is customary. This property sells subject to Seller confirmation on sale day. One Half (50%) mineral rights to said properties will be offered for sale. The Seller is highly motivated and has every intention of selling. The Auctioneer makes no representation or warranty expressed or implied, as to the accuracy of the information contained herein. Information submitted is subject to errors and omissions, although information has been obtained from sources deemed reliable. Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer s attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final authority without liability to any party. Your inspection of the property(ies) and attendance at this auction are at your own risk. Auctioneer and Seller, their agents and employees, expressly disclaim any invitee relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers, or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Auctioneer or Seller, their agents and employees, from any and all liability attendant thereto. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Auctioneer. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale. Transfer of title will be by Act of Cash Sale with full warranty of title by act of sale form customarily used in Jackson, Winn, and Bienville Parishes, Louisiana with exception of warranty on improvements and acreage as stated above. All acreage sells by the tract. The acreage shown is merely a yard stick to derive the tract price. Example: 10.25 Acres X $1,000 = $ 10,250.00 tract price. Announcements made from the auction block will take precedence over any previous printed material or any other oral statements. A 7% Buyer s Premium will be added to each high bid. 1

TRACT # 1 36 Acres +/- NE ¼ of NW ¼ Sec. 11, T16 N, R 3 W (less 4 acres in NW corner) Pine and Oak Saw timber mixed in with pine pulpwood. Will need to be thinned in 2 or 3 years Deer stands, food plots, and Pear trees for wildlife Small pond for fishing and wildlife Owner has harvested big Buck off this tract every year Quitman School District Minerals: leased, 50% sell TIMBER VOLUMES Pine Pulp Pine Topwood Pine Saw Logs Hardwood Pulp Hardwood Saw Logs (misc.) Grade Oak Saw Logs 465.75 tons 331.10 tons 1,325.78 tons 349.15 tons 77.39 tons 217.23 tons DIRECTIONS From Clay: South on U.S. 167 2.8 miles to Lampkin Road, turn left 0.9 miles to Keppler Creek Road, turn right 0.3 miles to Sugar Creek Road, turn left 1.7 miles to property on left. From Quitman: North on U.S. 167 3.4 miles to Lampkin Road, turn right 0.9 miles to Keppler Creek Road, turn right 0.3 miles to Sugar Creek Road, turn left 1.7 miles to property on left. 2

MINERAL LEASE 4

TRACT # 2 60 Acres +/- NE ¼ of NE ¼ and N ½ of SE ¼ of NE ¼ Sec. 3, T 15 N, R 4 W Will be divided into three 20 acre tracts. Tracts will be offered individually, then put back together and offered as one 60 acre tract. The combination achieving the highest bid will prevail. There are some nice home sites on this one. Quitman School District Minerals: Unleased, 50% sell TIMBER VOLUMES Pine Pulp Pine Top Wood Pine Saw Logs Pine Poles Hardwood Pulp Hardwood Saw Logs (misc.) Grade Oak Saw Logs 515.34 tons 653.25 tons 2613.27 tons 135.10 tons 741.24 tons 123.03 tons 90.00 tons DIRECTIONS From Quitman: West on LA. 155 0.6 miles to Bear Knoll Road, turn left 2.0 miles, Bear Creek Cemetery on your left, turn right on rock road, property on left 0.1 miles. 11

TRACT # 3 40 Acres +/- SW 1/4 of NW ¼ Sec 20, T 13 N,R 3 W Mainly a pine plantation 25-30 years old. Could be thinned now. Caney Creek traverses property from North to South Access from LA. 126 Good hunting for Deer, Turkey, and Squirrel. Minerals: Unleased, 50% sell TIMBER VOLUMES Pine Pulp Pine Topwood Pine Saw Logs Pine Poles Hardwood Pulp Hardwood Saw Logs (misc.) 401.91 tons 466.15 tons 1867.94 tons 163.63 tons 400.20 tons 97.48 tons DIRECTIONS From Dodson: West on LA. 126-3.1 miles, property on left 13

TRACT # 4-120 Acres +/- E ½ of NW ½ and the SW ¼ of NE ¼, Sec. 21, T 13 N, R 3 W 45 acres upland pine plantation 25-30 years old. Some marked for timber thinning (sawlogs and poles) 75 acres hardwood bottom with scattered pine. Will grow pine Big Creek Bottom, hardwood timber is two aged, saw timber and pulpwood. Willow Oak, Water Oak, Cow Oak, Cherry Bark, Red Oak, and Delta Post Oak; along with Hickory, Beech, and Sweet Gum. Good area for Deer, Turkey, and Squirrel. Minerals: Unleased, 50% sell TIMBER VOLUMES Pine Pulp Pine Topwood Pine Saw Logs Hardwood Pulp Hardwood Saw Logs (misc.) Grade Oak Saw Logs 868.63 tons 376.05 tons 1888.51 tons 3450.34 tons 420.25 tons 690.09 tons DIRECTIONS From Dodson: West on LA. 126-1.0 miles, property on right 15

TRACK # 5 40 Acres +/- NW ¼ of SW ¼ Sec. 6, T 14 N, R 4 W Pine and Hardwood saw timber ready to market Will still be a good stand of timber remaining Predominately Oak pulpwood and small saw timber with a scattering of Pine pulpwood Minerals: Leased, 50% sell TIMBER VOLUMES Pine Pulp Pine Topwood Pine Saw Logs Hardwood Pulp Hardwood Saw Logs (misc.) Grade Oak Saw Logs 100.59 tons 30.25 tons 123.95 tons 1349.32 tons 127.73 tons 699.15 tons DIRECTIONS From Jonesboro: West on LA. 4 to the Bienville Parish Line, continue 1.5 miles to Creeks End Road, turn right, approx. 0.25 miles bear right at fork, road will dead end at oil well site and Brushy Creek. Across creek you will see a metal gate on pipeline ROW, property begins there. 17

TRACT # 6 40 Acres +/- E ½ of W ½ of SE ¼, Sec 18, T 12 N, R1 E Timber thinned recently 40 acres, 3 acres on N side of La. 127, 37 acres on S side of La. 127 3 good house sites, lines painted and or flagged Electricity is available Good timber site index Winter logging ground Good wildlife potential Minerals: Unleased, 50% sell TIMBER VOLUMES Pine Pulp Pine Saw Logs Hardwood Pulp Hardwood Saw Logs (misc.) Grade Oak Saw Logs 150.93 tons 108.68 tons 407.45 tons 36.75 tons 61.71 tons DIRECTIONS From Sikes: East on LA. 126 1.3 miles to LA. 127, turn right 5.2 miles property is on both sides of LA. 127 19

TAX SALE PROPERTIES TRACT # 7 Grant Parish 5.17 acres +/- in SW of SW, Sec.11, T 6 N, R 2 This tract has been surveyed. It s just off Parsons Road, and part of a subdivision. It has a dedicated easement for a road, and has a spring fed branch on back boundary. Minerals: unleased 50% sell Note: The following tracts 7, 8, 9, 10, 11, are all properties the Jeans have purchased over the years at TAX SALES. The Jeanes have stated that most were purchased in the 1990 s A couple of years ago the Jeans had a fire that completely destroyed their home, as well as numerous files, surveys, and records. If this survey can be duplicated it will be available Auction day. As of this printing, Auctioneer has NOT, visited these TAX SALE properties. All information about these properties has come from the Jeane family, and deemed reliable. Any information garnered concerning these Tracts will be shared with auction attendee s sale day. These properties sell, AS IS WHERE IS, with no warranty, either expressed or implied, as to title, nor anything ELSE. 21

TAX SALE PROPERTIES TRACT # 8 Jackson Parish A parcel of land being described as follows: Beginning at the SE/C of NE of NE, Sec. 31, T 16 N, R 1 W. Then run NE with Old Columbia Road 82 feet for a p.o.b., then N 246 feet, then W 60 feet, then S 246 feet, then E 60 feet to p.o.b. containing 0.34 acres +/- 50 % of minerals will convey 23

TAX SALE PROPERTIES TRACT # 9 Jackson Parish An undivided ½ interest in and to the following: NW of the SE, Sec18, T 15 N, R 1 E, ( Bk 117-284); less a portion sold to Jim Tatum, ( Bk 62-39), & less a portion sold to Betty Sue Stevens, (Bk, 78-229) containing in all 3.0 acres +/- 50% of minerals will convey 24

TAX SALE PROPERTIES TRACT # 10 Ouachita Parish Lot G on plat of Alfred Morehead lll, in S ½ of SE ¼ of NW ¼ Sec. 34, T 18 N, R 5 E, containing 1.012 acres +/- Book 1532-233. 50% of minerals will convey 25

TAX SALE PROPERTIES TRACT 11 Grant Parish 1 Acre of a 9/10 interest in SW ¼ of NE ¼ of SW ¼, Sec. 34, T 7 N, R 1 W, T/S 303-306 Big timber and a spring fed creek, just west of Pollock, no legal access 50% of minerals will convey 26

NOTES DUSTY TAYLOR AUCTIONEER 2622 HIGHWAY 33 318-245-8800 LA-LIC# 836-18 RUSTON, LA 71270 318-255-9157 WWW.TAYLORMADEAUCTIONS.COM 27