REAL ESTATE AUCTION - LAUSIN LAND AUCTION - 124.3 +/- Acres Wednesday June 19, 2019 @ 6:05PM 17576 Phillips Road Thompson, Ohio 44076 PROPERTY WILL SELL OFF-SITE AT Montville Township Community Center - 9755 Madison Road Montville, Ohio 44064 Property will sell via Multi Par Auction with a Total acres of 124.3 +/- and will be offer per tract and or a combination of tracts. There are a total of 5 Tracts ranging in acres from 23.9 acres to 28.1 acres. Property has approximately 70 tillable acres and the rest wooded with mature trees. Great Farm Friendly Community, Great property for farming and or potential rural building sites to build your perfect home. There will be open bidding on the tracts and the entire property during the auction as determined by the auctioneer. Bids in individual tracts, tract combinations, and the total property may compete. Tract 1 - 28.1 +/- acres - 775' +/- frontage Tract 2 - 24.2 +/- acres, 520' +/- frontage Tract 3 - 24.1 +/- acres, 520' +//- frontage (tiled) Tract 4 - 24 +/- acres, 520' +/- frontage (tilled) Tract 5 - 23.9 +/- acres, 520' frontage (tiled) The auction will be conducted using the Multi Par Auction Method. The definition of the Multi Par Auction means any auction of real or personal property in which multiple parcels or tracts are offered for sale in various amalgamations, including as individual tracts, combination of tracts or as a whole. DOWN PAYMENT: Buyer must have a non-refundable check made payable to Ohio Real Estate Auctions for $5,000 the day of the auction per tract. Must close on the property on or before Wednesday July 31, 2019. Buyer responsible for all closing cost, six months accrued taxes, CAUV Recoupment and survey (if needed). Property is selling "AS IS WHERE IS" without any warranties expressed or implied. No contingencies for financing, inspections or otherwise. If you are the successful bidder you will sign a Purchase Agreement at the conclusion of the auction. 10% Buyers Premium will be in effect to constitute final selling price. All tracts are subject to final survey and will be adjusted accordingly for the total price per acreage once the final survey is complete. The tract map depicted boundaries, and stated acres and frontage are approximates based on county parcel data, current legal descriptions, and or aerial mapping software are not provided as surveying products. Property will sell subject to sellers confirmation. ALL AND ANY ANNOUNCEMENTS MADE THE DAY OF THE AUCTION TAKE PRECEDENCE OVER PRINTED MATERIAL.