MARGARET SHELLEY TRUST; HERBERT W. MORRIS, TRUSTEE

Marketing

Truly something for everybody - the farmer, the investor, the home builder.

We are excited and pleased to represent the Margaret Shelley Trust in the offering of these fine properties. With tracts ranging in size from 10 to 54 acres, truly something for everybody - the farmer, the investor, the home builder. Good producing soils and natural drainage throughout the farm with several tracts providing trees and water. Contact us today for a complete Bidder Package including maps and other pertinent information.;
Tract 1:  Beautiful wooded 10.8-acre lot on W. Krepps and Richland Roads
Tract 2:  Partially wooded 10.8-acre lot on W. Krepps
Tract 3:  Nice wooded 21.3-acre tract on Richland
Tract 4:  Partially wooded 10.2-acre lot on SR 380 with double stream frontage
Tract 5:  Partially wooded 10.0-acre lot on SR 380 with double stream frontage
Tract 6:  Partially wooded 10.3-acre lot on SR 380 with double stream frontage
Tract 7:  Partially wooded 11.8-acre lot on SR 380 with double stream frontage
Tract 8:  Partially wooded 10.2-acre lot on SR 380 with double stream frontage
Tract 9:  Well-wooded 13.9-acre lot at 1921 SR 380 with double stream frontage. Improved with 2-story brick home
Tract 10:  Totally wooded 10.4-acre lot on SR 380
Tract 11:  Rolling 21.3-acre tract on SR 380
Tract 12:  10.1-acre rolling lot on SR 380
Tract 13:  14.6-acre rolling lot on SR 380
Tract 14:  13.0-acre rolling lot on SR 380
Tract 15:  54.2-acre rolling farm tract at 2004 SR 380; improved with 2-story brick and frame farm house & good outbuildings, including frame barn & 20,000-bu round metal grain bin
Tract 16:  10.4-acre rolling lot on E. Krepps.
Tract 17:  10.0-acre rolling lot on E. Krepps
Tract 18:  21.8-acre tract at 127 E. Krepps; improved with 2-story frame country home. Small stream in rear
Tract 19:  41.7-acre farm tract; mostly tillable. Sells subject to Swing Tract Provisions
Tract 20:  Partially wooded and rolling 15.6-acre tract on E. Krepps
Tract 21:  Partially wooded and rolling 15.4-acre tract on E. Krepps
  Soils: Russell - Miamian; Miamian; Ragsdale; Raub
  Bidding Procedure: Tracts will sell by the Multi-Parcel Method in individual tracts or combined tracts to the highest bidder(s). Bidding on all tracts and combinations during the auction will be determined by the Auctioneer. The properties will sell in the manner resulting in the highest total bid price(s), subject to the confirmation of the Seller.
Acceptance of Bid Prices: The successful bidder(s) will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding.
Swing Tract: Tract 19 will be offered in combination with any contiguous tracts with qualifying road frontage or to any bidder who owns real property with qualifying road frontage contiguous to the Swing Tract.
Down Payment: Ten percent (10%) down payment day of auction upon signing of Confirmation of Sale Agreement; balance due at closing. Bidding IS NOT CONDITIONAL UPON FINANCING.
Real Estate Taxes: Taxes prorated to date of closing.
Survey: The Seller will provide a new survey to the Purchaser(s). All lot splits are subject to the final approval of all appropriate Greene County and Spring Valley Township governmental departments.
Closing Date: On or before May 14, 2002.
Possession: Full possession to be given date of closing. Purchaser shall have rights to till ground and plant 2002 crop year crops upon signing of Confirmation of Sale Agreement and payment of down payment.
Agency: Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.
Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Confirmation of Sale Agreement. Announcements made by the Auctioneer at the time of the Auction will take precedence over any previously printed or oral information. The property is sold on an "AS IS, WHERE IS" basis, and no warranties or representations, either expressed or implied, concerning the property are made by the Seller or the Auction Company. Each bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. Neither the Seller nor the Auction Company assumes liability for its accuracy, errors, or omissions. Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, legal capacity, etc; All decisions of the Auctioneer are final.