1. No minimum opening bid will be required.

2. It is illegal to discriminate against any person because of religion, handicap, race, sex, family status or national

origin.

3. Earnest Money Deposit: The successful bidder must deposit with the auctioneers the day of sale a cashier’s

check, certified check or cash in the following amount: $7,000.00. This is a non-refundable deposit which will

be forfeited by the purchaser if they cannot or do not proceed with the closing. The check should be made out

to yourself and then endorsed over to Stanton’s if you are the successful bidder. The deposit will apply to the

purchase price at closing.

4. Closing: at the conclusion of the bidding, the successful bidder must sign purchase documents with the

auctioneers. The earnest money deposit will be taken at this time. Closing to be on or before 30 days following

the auction unless the property is being financed through a lending institution which is unable to meet the

30-day deadline. In that event, the lending institution must send a letter to Stanton’s confirming that the loan

has been approved but that an additional ten to fifteen days will be required for the closing.

5. Title Insurance: an owner’s policy of title insurance will be provided to the purchaser.

6. Taxes: prorated to the date of closing in arrears on a calendar year basis.

7. Terms: cash at closing.

8. Possession: at closing.

9. If the property is financed, any appraisals, points, inspections, surveying, treatments, repairs, etc., are the

buyer’s expense.

10. Announcements made by the auctioneers sale day will take precedence over printed and/or oral statements.

Information in this flyer and other printed materials have been obtained from sources deemed reliable but

neither Stanton’s nor the titleholders and their representatives make any guarantee therein. The property is

being sold in “AS IS, WHERE IS” condition with no expressed or implied warranty of any kind. The auctioneers

and the titleholders and their representatives will assume that the buyer is relying on their own judgment and

inspection regarding the property.

11. Property Code Number: 13-040-028-20

12. SEV: $108,100.00

13. No buyer's premium will be charged.

14. The auction is being audio tape recorded

ESTATE AUCTION OF REAL ESTATE & PERSONAL PROPERTY - SATURDAY MORNING, JANUARY, 9th, 2021 @ 10:00 A.M.