XENIA AREA FARMLAND – 114 ACRES

REAL ESTATE AUCTION

THURSDAY * AUGUST 19, 2004 * 5:00 PM

Greene County Fair Exposition Center, Xenia, OH

Available Tracts from 5 acres to 114+ acres and any size in-between

BUILDERS * FARMERS * REMODELERS * OUTDOORSMEN

Auction Location: Greene County Fair Exposition Center, 120 Fairgrounds Road, Xenia, Ohio. From the center of Xenia, go north on N. Detroit St (US 68) to west on W. Ankeney Mill Rd. W. Ankeney Mill Rd. becomes Fairground Rd. at corporation line.

Property Location: 790 Ford Road, Xenia, Ohio. From Xenia, travel west on Dayton-Xenia Road to north (right) on Hawkins Road to west (left) on Ford Road. From Beavercreek, travel east on Dayton-Xenia Road to north (left) on Hawkins Road to west (left) on Ford Road. Watch for signs.

With tracts ranging in size from 5 to 50 acres, this real estate auction truly has something for everyone - the farmer, investor, remodeler, homebuilder, & outdoorsman. Great opportunity for recreational property with 10+ acre wooded lot bordering Little Miami River. Within minutes from Xenia, Beavercreek, & I-675. Plenty of tillable acres w/good producing soils and natural drainage throughout the farm. Interested buyers can purchase as much as 114 acres, as little as 5 acres, and all sizes in-between by combining multiple tracts to fit your needs. Do not miss this opportunity to purchase prime real estate at your price.

Public Inspections: Auction Agents will be present at Tract 5 on Monday, August 9th & Wednesday, August 11th from 4:00 to 5:30 PM.

Contact Auction Agents for complete Bidder Package and visit us on the web for further information and color photos.

PROPERTY DESCRIPTION

Tracts 1 & 2: 5+ acre building lot

Tract 3: 6+ acre building lot

Tract 4: 38-acre lot with multiple building sites

Tract 5: 50-acre lot featuring:

Tract 6: 10+ Acre wooded Recreational Lot Bordering Little Miami River

Real Estate Sale Terms

Bidding Procedure: The Property will sell by the Multi-Parcel Auction Method to the highest bidder(s). Bidding on all tracts during the auction will be determined by the Auctioneer. The property 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.

Down Payment: 10% down payment/earnest money day of auction upon signing of Confirmation of Sale Agreement; balance due at closing. Bidding IS NOT CONDITIONAL UPON FINANCING.

Real Estate Taxes: Taxes will be prorated to date of closing. Purchaser to be responsible for any CAUV recoupment charges due to change in land use.

Closing Date: On or before September 30, 2004.

Possession: Date of closing. Tenancy in Possession Rights Reserved to harvest 2004 crops.

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.

RICHARD WEAD et al, Owners

Realtors/Auctioneers: Keith Sheridan & Bart Sheridan, CAI

Realtor: Matt Sheridan

(Toll Free) 1.866.AtAuction (282.8284)