REAL ESTATE AUCTION
WHEN: SATURDAY, December 7th, 2019
TIME: 10:00 AM
WHERE: Kenny York Road & Lamb Road, Benton, KY 42025
Auction Held At Marshall Co. Extension Office
Property Address: HWY 783/Sid Darnall Rd., Kenny York Rd., Lamb Rd., Benton, KY 42025
Paul Darnall Estate
236.15 ACRES IN 14 TRACTS & COMBINATIONS!
194 TILLABLE ACRES!
QUALITY TILLABLE FARMLAND!
EXCELLENT BUILDING SITES!
REAL ESTATE TRACTS:
Tract 1: 20.69 Acres
Tract 2: 5.19 Acres
Tract 3: 5.19 Acres
Tract 4: 5.17 Acres
Tract 5: 25.26 Acres
Tract 6: 1.76 Acres
Tract 7: 47.40 Acres
Tract 8: 32.38 Acres
Tract 9: 68.43 Acres
Tract 10: 4.92 Acres
Tract 11: 4.92 Acres
Tract 12: 4.93 Acres
Tract 13: 4.93 Acres
Tract 14: 4.98 Acres
Water Available on Sid Darnall Road.
REAL ESTATE OFFERED AT 10:00 AM!
AUCTION HELD AT THE MARSHALL CO. EXTENSION OFFICE
Located at 1933 Mayfield HWY, Benton, KY 42025
TERMS AND CONDITIONS
PROCEDURE: The property will be offered in 14 individual tracts, any combination of tracts, or as a whole property. The property will be sold in the manner resulting in the highest total sale price.
BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the contract price.
DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 Days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
CLOSING: Closing shall take place on or before 30 days from auction date.
REAL ESTATE TAXES: All 2019 ad valorem taxes will be prorated at closing
SURVEY: A survey has been completed by Jason Looper Surveying & Engineering. The Buyer will be responsible for the survey cost. The survey provided shall be for the perimeter only, when tracts are combined.
SWING TRACT: This tract must be purchased by an existed land owner or combined with one of the tracts that join this auction.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, 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. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.