01114 Houf Auction 4 pager.pub - United Country

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Montgomery County Auction! Home/Pasture/Row Crop Saturday, November 3, 2012 at 11 AM On Site at 198 Hwy CC, Wellsville, MO

50 ac m/l—Sold as 3 tracts Tract 1: Home and 8 ac m/l pasture sold with reserve Tract 2: 16 ac m/l mostly tillable sold with reserve Tract 3: 26 ac m/l mostly tillable sold as absolute Sellers: Danny Houf & Cynthia Houf United Country Missouri Land & Home, Columbia, MO Contact Marty Canterbury at 573-220-4303 or 800-895-4430 www.ucMoLandAndHome.com www.MissouriLandAndHome.com

Viewing Date: October 14th from 12 to 2 pm on-site or by appointment. Driving directions: From Wellsville, head east on Hwy CC approximately 2 miles to the property on left.

Tract 1 Beautiful custom built home sitting on 8 ac m/l with a 1.5 acre lake! 4 Bedroom, 3 Bath home with master bedroom and bath lofted above the open floor plan with the kitchen, dining and living room open to the warmth of the Buck wood stove insert. Home was built in 2003.

Tract 2 - 16 ac m/l with 15 ac m/l tillable Tract 3 - 26 ac m/l with 18 ac m/l tillable

Equipment includes:

Allis Chalmers XT190 tractor with duals (needs work)

International 450 tractor, narrow front, TA 27' Sundowner, 3 horse, mid tack and rear tack, electric jack and 12 ft living quarters.

Equipment sells at 11 am with Real Estate selling at 11:30 am

TERMS AND CONDITIONS OF AUCTION 1.Seller is serious about selling this property at this auction, but does reserve the right to accept or reject the final bid on Tracts 1 and 2. Tract 3 is an ABSOLUTE auction. Each bid shall constitute an offer to purchase, and the final bid, if accepted by the seller, shall constitute a binding contract between the Buyer and the Sellers. Conduction of the auction and increments of bidding are at the direction and discretion of United Country Missouri Land & Home and/or the auctioneers. The successful bidder must enter into a purchase agreement the day of the auction, immediately following the conclusion of the bidding. 2. Property is sold “AS IS - WHERE IS” and Buyer should take time to examine this property thoroughly and rely on their own judgment. The only guarantee from the Seller is a valid, good and marketable title to the property. Neither the Seller nor United Country Missouri Land & Home or the Auctioneers or Associates are giving any warranties other than the Seller’s Title Warranty. Buyer must conduct their own inspections at their own expense prior to bidding at the auction. Auctioneers, United Country Missouri Land & Home or its agents are not responsible for any representation made by Sellers or their employees and are not responsible for accidents on the sale property should any occur. 3. All mineral rights owned by the Sellers will be conveyed to the Buyer. 4. Crop ground will be available for the 2013 crop season. 5. House will be available for immediate possession. 6. The sale of this property is subject to any and all easements of record. 7. Buyer and Sellers will enter into a standard format Contract for the Sale of Real Estate on the day of auction. Contract will call for a 10% down payment in the form of a personal or corporate check, cashier’s check with the balance of the purchase price due, in certified funds, on or before the 3rd day of December, 2012. Contracts will contain no financing or inspection contingencies and Buyer must have their own financing and make their own inspections prior to bidding at this auction. Escrow payments will be made payable to Preferred Land Title, in Mexico, Missouri. Seller will furnish title insurance in the amount of the selling price and deliver title by General Warranty Deed. Buyer will be responsible for their own mortgage policies of title insurance (if applicable). The 2012 taxes will be paid by sellers. Customary closing fees will apply to both Seller’s and Buyer’s transactions. Informational title commitments reflecting the public record will be made available for potential buyer for review on day of auction or, by request, earlier. 8. Machinery will be sold “As is, where is.” Payment in the form of cash, cashier’s check or good personal/company check with valid ID for equipment. The above information and descriptions are given to the best of our ability but are not guaranteed. All equipment is sold as is with no warranty stated or implied. 9. Announcements made by United Country Missouri Land & Home and/or their auctioneers during the time of the sale take precedence over any previously printed materials or any other oral statements made.