ABSOLUTE AUCTION
ABSOLUTE AUCTION SAT., MARCH 13, 2010, 11:00 A.M.
ABSOLUTE AUCTION
224 ACRES LEWIS CO., KY TO BE SOLD IN 3 TRACTS
GETAWAY/HUNTING ACREAGES TO BE SOLD IN 3 TRACTS!
CABIN ON TRACT 1: This cabin is an “open room” floor plan. Wired for electric, needs a front door and an opening is in place for a window air conditioner (not in place), attached covered porch and attached shed.
TRACT 1: 75.8 acres improved w/ 14’ x 24’ cabin w/ covered porch and attached shed. Located on Mills Branch about 3 miles off KY 1068, this tract of land is secluded, small stream, wooded hills, you can getaway from it all! TRACT 2: 94 acres cutover timberland, good hunting potential, located on Tar Fork Road. TRACT 3: 55 acres cutover timberland, good hunting, located on Tar Fork Road.
NOTE: Auction of All 3 Tracts to be conducted from the parking lot of Orcutt’s Grocery located at the intersection of KY 59 & KY 1068.
Tracts 2 and 3 adjoin!
DIRECTIONS: Tract 1 is very secluded, and persons looking to inspect this property should use 4 wheel drive (although Craig accessed the property with a heavy 2 wheel drive full size gas Chevy extended cab pickup Jan. 28th after recent snow on day above freezing just to see if it could be done), and there are gates en route that are locked. Therefore it is recommended that prospective purchasers contact agent for showings/directions.
TERMS: REAL ESTATE: Property to be sold at ABSOLUTE PUBLIC AUCTION, WITHOUT RESERVE Purchaser(s) of real estate to place a deposit equal to 10 percent of purchase price down with contract immediately following sale, non-refundable, with the remaining balance due in full on or before 30 days following auction, with deed and possession transferring at closing. Terms of purchase are Cash to Seller: NO CONTINGENCIES OF ANY KIND PERMITTED. Property to transfer utilizing existing legal description (no new surveys are to be provided by the sellers). Purchaser will have an insurable interest in the property as of date of sale and is encouraged to obtain insurance immediately upon sale. Year 2010 real estate taxes to be payable by the purchasers (NO PRORATION). Prospective purchasers are encouraged/ advised to inspect the property thoroughly prior to sale as REAL ESTATE SOLD “AS IS” WITHOUT ANY TYPE OF WARRANTY WHATSOEVER -- INCLUDING WITH REGARD TO FITNESS/MERCHANTABILITY/MARKETABILITY FOR ANY DESIRED/IMPLIED/SPECIFIC USE -- EITHER EXPRESSED OR IMPLIED. Purchased subject to zoning, easements, highway right of way, local ordinances, restrictions, and any facts that might be disclosed by an accurate survey. Note: Oil and Gas rights to Tract I are excepted by a prior owner. Agent/auctioneer not responsible for accidents. Announcements made date of sale take precedence over printed matter. Payment of down payment for real estate is required to be paid to agent/auctioneer within one hour of end of auction, to be made to agent/auctioneer at SALE SITE, NO EXCEPTIONS. NOTE: Any returned checks shall be subject to a $50 returned check fee (plus expenses of collection), a 10 percent penalty, shall be subject to interest and other expenses to the limit the law permits, and checks will be turned over for prosecution. The AGENT/ AUCTIONEER, as well as staff or employees of agent/auctioneer, reserves the right to bid on any property sold, however subject to the same terms and conditions as that of any other bidder. NO
BUYER’S PREMIUM!!
LEWIS CO., KY, nationally known and recognized for it’s quality Whitetail Deer Hunting!!!
OWNER: FIRST COMMUNITY BANK OF LEWIS COUNTY. THIS AUCTION CONDUCTED AS A JOINT VENTURE BETWEEN REDDEN HOMETOWN REALTY, INC., REDDEN REALTY, INC. JOYCE REDDEN BROKER, RON REDDEN LISTING AGENT 859 LEXINGTON PIKE/PO BOX 611 MAYSVILLE, KY 41056 P.O. BOX 356/65 MARKET DR, VANCEBURG, KY 41179
PHONE: 606-564-0243 or 606-796-2315 Ron Mobile: (606)584-3167 E-mail: [email protected] Website: www.reddenrealtyinc.com
CRAIG A. STANFIELD REAL ESTATE & AUCTION SERVICES CRAIG A. STANFIELD REAL ESTATE BROKER & AUCTIONEER 2126 W. KY 10, TOLLESBORO, KY 41189-9726
PHONE: (606) 798-2009 MOBILE: (606) 301-3350 FAX: (606) 798-2115 E-mail: [email protected] Check us out online at: www.stanfieldproperty.com
TRACT I
PLAT OF DEED CALLS FIRST COMMUNITY BANK PROPERTY DEED BOOK 224 PAGE 67, LEWIS CO. COURT RECORDS 245.41 s82°49'e
254.3 n9°14'e
30
281.2 6 s74°4 9'e 13 4. 'e 28 °21 3 s4
28
'w 06 6° 4 n3 58.3 1
2 0 .8 21 °02'e 7 s3
n5 3 29 °11'w 0.6 9
n9°28'w 148.75
1 s4 78.3 6° 52 8 'e
SCALE: 1" = 300'
154 s65 .46 °49 'e
152 . 81 s72° 17'e .24 247 9'e °2 s26
33'w n17° 4 26 1.
9 7.8
43 217. 02'e s17°
17 4
119.2 51'e n70°
2 n4 22. 4° 27 05 'e
23 'e 58 .87 NOTE: Two calls (#1 & #23) were missing sthe °46 °39 'e n63 the last part of the bearing (the "East" or "West" bearing). The preparer made an assumption in each case that the bearing would follow that of the preceding bearing. When the plat was completed using this assumption, the plat formed (that shown herein) provided an estimate of acreage in line with that indicated by deed (75.8 acres by deed; 75.770 indicated by plat) with a very small 4 closure error indicated (only 1.19 linear feet), so the preparer is confident that the 5 . 285 4'e 2 ° 4 bearings used were accuate, particularly as the two calls missing the bearings were for n7 each for distances in excess of 200 linear feet. 219.02 n12°3 8'e
133.83 s4°10'e
2 n4 46.4 1° 2 24 'e
289.85 s8°20'e
s0°34'w 115.5
ACREAGE INDICATED BY DEED: 75.8 .12 215 2'e °3 s28
5'w 1°4 n3 9.01 25
(ACREAGE INDICATED BY PLAT: 75.770 W/ 1.19 FT. CLOSURE ERROR) Plat of deed calls prepared by Craig A. Stanfield, Craig A. Stanfield Real Estate & Auction Services, based upon the legal description in deed of Dane Roe and Risa Roe to First Community Bank Lewis County, deed dated the 16th day of December, 2008 and recorded in Deed Book 224 page 67 Lewis County Court Record legal description in deed of Dane Roe and Risa Roe to First Community Bank Lewis County, deed dated th Prepared by Craig A. Stanfield, real estate broker & auctioneer, for informational purposes in the marketing w of the property described herein, Feb., 2010, for the exclusive use of the preparer, ALL RIGHTS05'36" 7 5° 6.8 nor RESERVED. NOT PREPARED BY A SURVEYOR, ENGINEER, or OTHER PROFESSIONAL, s4 23 by or with the use of a transit or other measuring device, or n80°13'w 4'w s76°3 any type of "on site" meassurement/inspection. 191.96 6 n4 190.2 8 21 °05 This is not a survey nor should be considered3w' 9.0 'w s71° 9 79 n68 a substitute for a survey. 159. 47
n6°08'w 155.92
2
09'w n18° 7 5 180.
16
14
3
°31 180 'w .7
n83°26'w 112.39
n69 ° 27 1 8 0 'w .16
s83°45'w 188.69
s86°39'w 189.93
s3 6° 15 33'w 4.8 6
s86°55'w 131.71
Data and Deed Call Listing of File: FCB75_8A.DES Tract 1: 75.770 Acres: 306629.1 Sq Meters: Closure = s19.2428w 1.19 feet: Precision =1/7308: Perimeter = 8699 feet 001=s45.0536w 236.87 002=s44.47w 99.28 003=s51.21w 99.68 004=s71.3w 159.79 005=s36.33w 154.86 006=s86.39w 189.93 007=s83.45w 188.69 008=n69.27w 180.16 009=n83.26w 112.39 010=n68.31w 180.7 011=n48.05w 219.09 012=n80.13w 191.96 013=s76.34w 190.26 014=s47.35w 100.31 015=s86.55w 131.71 016=n28.14w 98.49 017=n18.09w 180.57 018=n6.08w 155.92 019=n31.45w 259.01 020=n41.24e 246.42 021=n74.24e 285.54 022=n12.38e 219.02 023=n44.05e 222.27 024=n17.33w 261.4 025=n9.28w 148.75 026=n36.06w 158.34 027=n53.11w 290.69 028=n71.02w 44.19 029=n9.14e 254.3 030=s66.43e 99.42 031=s82.49e 245.41 032=s74.49e 281.26 033=s43.21e 284.13 034=s37.02e 210.82 035=s46.52e 178.38 036=s65.49e 154.46 037=s72.17e 152.81 038=s26.29e 247.24 039=s58.46e 174.87 040=n63.39e 237.89 041=n70.51e 119.2 042=s17.02e 217.43 043=s4.10e 133.83 044=s8.20e 289.85 045=s0.34w 115.5 046=s28.32e 215.12 047=s18.58e 80.77
TRACT II
TRACT III
ABSOLUTE AUCTION
224 ACRES LEWIS CO., KY TO BE SOLD IN 3 TRACTS
GETAWAY/HUNTING ACREAGES TO BE SOLD IN 3 TRACTS!
CABIN ON TRACT 1: This cabin is an “open room” floor plan. Wired for electric, needs a front door and an opening is in place for a window air conditioner (not in place), attached covered porch and attached shed.
TRACT 1: 75.8 acres improved w/ 14’ x 24’ cabin w/ covered porch and attached shed. Located on Mills Branch about 3 miles off KY 1068, this tract of land is secluded, small stream, wooded hills, you can getaway from it all! TRACT 2: 94 acres cutover timberland, good hunting potential, located on Tar Fork Road. TRACT 3: 55 acres cutover timberland, good hunting, located on Tar Fork Road.
NOTE: Auction of All 3 Tracts to be conducted from the parking lot of Orcutt’s Grocery located at the intersection of KY 59 & KY 1068.
Tracts 2 and 3 adjoin!
DIRECTIONS: Tract 1 is very secluded, and persons looking to inspect this property should use 4 wheel drive (although Craig accessed the property with a heavy 2 wheel drive full size gas Chevy extended cab pickup Jan. 28th after recent snow on day above freezing just to see if it could be done), and there are gates en route that are locked. Therefore it is recommended that prospective purchasers contact agent for showings/directions.
TERMS: REAL ESTATE: Property to be sold at ABSOLUTE PUBLIC AUCTION, WITHOUT RESERVE Purchaser(s) of real estate to place a deposit equal to 10 percent of purchase price down with contract immediately following sale, non-refundable, with the remaining balance due in full on or before 30 days following auction, with deed and possession transferring at closing. Terms of purchase are Cash to Seller: NO CONTINGENCIES OF ANY KIND PERMITTED. Property to transfer utilizing existing legal description (no new surveys are to be provided by the sellers). Purchaser will have an insurable interest in the property as of date of sale and is encouraged to obtain insurance immediately upon sale. Year 2010 real estate taxes to be payable by the purchasers (NO PRORATION). Prospective purchasers are encouraged/ advised to inspect the property thoroughly prior to sale as REAL ESTATE SOLD “AS IS” WITHOUT ANY TYPE OF WARRANTY WHATSOEVER -- INCLUDING WITH REGARD TO FITNESS/MERCHANTABILITY/MARKETABILITY FOR ANY DESIRED/IMPLIED/SPECIFIC USE -- EITHER EXPRESSED OR IMPLIED. Purchased subject to zoning, easements, highway right of way, local ordinances, restrictions, and any facts that might be disclosed by an accurate survey. Note: Oil and Gas rights to Tract I are excepted by a prior owner. Agent/auctioneer not responsible for accidents. Announcements made date of sale take precedence over printed matter. Payment of down payment for real estate is required to be paid to agent/auctioneer within one hour of end of auction, to be made to agent/auctioneer at SALE SITE, NO EXCEPTIONS. NOTE: Any returned checks shall be subject to a $50 returned check fee (plus expenses of collection), a 10 percent penalty, shall be subject to interest and other expenses to the limit the law permits, and checks will be turned over for prosecution. The AGENT/ AUCTIONEER, as well as staff or employees of agent/auctioneer, reserves the right to bid on any property sold, however subject to the same terms and conditions as that of any other bidder. NO
BUYER’S PREMIUM!!
LEWIS CO., KY, nationally known and recognized for it’s quality Whitetail Deer Hunting!!!
OWNER: FIRST COMMUNITY BANK OF LEWIS COUNTY. THIS AUCTION CONDUCTED AS A JOINT VENTURE BETWEEN REDDEN HOMETOWN REALTY, INC., REDDEN REALTY, INC. JOYCE REDDEN BROKER, RON REDDEN LISTING AGENT 859 LEXINGTON PIKE/PO BOX 611 MAYSVILLE, KY 41056 P.O. BOX 356/65 MARKET DR, VANCEBURG, KY 41179
PHONE: 606-564-0243 or 606-796-2315 Ron Mobile: (606)584-3167 E-mail: [email protected] Website: www.reddenrealtyinc.com
CRAIG A. STANFIELD REAL ESTATE & AUCTION SERVICES CRAIG A. STANFIELD REAL ESTATE BROKER & AUCTIONEER 2126 W. KY 10, TOLLESBORO, KY 41189-9726
PHONE: (606) 798-2009 MOBILE: (606) 301-3350 FAX: (606) 798-2115 E-mail: [email protected] Check us out online at: www.stanfieldproperty.com
TRACT I
PLAT OF DEED CALLS FIRST COMMUNITY BANK PROPERTY DEED BOOK 224 PAGE 67, LEWIS CO. COURT RECORDS 245.41 s82°49'e
254.3 n9°14'e
30
281.2 6 s74°4 9'e 13 4. 'e 28 °21 3 s4
28
'w 06 6° 4 n3 58.3 1
2 0 .8 21 °02'e 7 s3
n5 3 29 °11'w 0.6 9
n9°28'w 148.75
1 s4 78.3 6° 52 8 'e
SCALE: 1" = 300'
154 s65 .46 °49 'e
152 . 81 s72° 17'e .24 247 9'e °2 s26
33'w n17° 4 26 1.
9 7.8
43 217. 02'e s17°
17 4
119.2 51'e n70°
2 n4 22. 4° 27 05 'e
23 'e 58 .87 NOTE: Two calls (#1 & #23) were missing sthe °46 °39 'e n63 the last part of the bearing (the "East" or "West" bearing). The preparer made an assumption in each case that the bearing would follow that of the preceding bearing. When the plat was completed using this assumption, the plat formed (that shown herein) provided an estimate of acreage in line with that indicated by deed (75.8 acres by deed; 75.770 indicated by plat) with a very small 4 closure error indicated (only 1.19 linear feet), so the preparer is confident that the 5 . 285 4'e 2 ° 4 bearings used were accuate, particularly as the two calls missing the bearings were for n7 each for distances in excess of 200 linear feet. 219.02 n12°3 8'e
133.83 s4°10'e
2 n4 46.4 1° 2 24 'e
289.85 s8°20'e
s0°34'w 115.5
ACREAGE INDICATED BY DEED: 75.8 .12 215 2'e °3 s28
5'w 1°4 n3 9.01 25
(ACREAGE INDICATED BY PLAT: 75.770 W/ 1.19 FT. CLOSURE ERROR) Plat of deed calls prepared by Craig A. Stanfield, Craig A. Stanfield Real Estate & Auction Services, based upon the legal description in deed of Dane Roe and Risa Roe to First Community Bank Lewis County, deed dated the 16th day of December, 2008 and recorded in Deed Book 224 page 67 Lewis County Court Record legal description in deed of Dane Roe and Risa Roe to First Community Bank Lewis County, deed dated th Prepared by Craig A. Stanfield, real estate broker & auctioneer, for informational purposes in the marketing w of the property described herein, Feb., 2010, for the exclusive use of the preparer, ALL RIGHTS05'36" 7 5° 6.8 nor RESERVED. NOT PREPARED BY A SURVEYOR, ENGINEER, or OTHER PROFESSIONAL, s4 23 by or with the use of a transit or other measuring device, or n80°13'w 4'w s76°3 any type of "on site" meassurement/inspection. 191.96 6 n4 190.2 8 21 °05 This is not a survey nor should be considered3w' 9.0 'w s71° 9 79 n68 a substitute for a survey. 159. 47
n6°08'w 155.92
2
09'w n18° 7 5 180.
16
14
3
°31 180 'w .7
n83°26'w 112.39
n69 ° 27 1 8 0 'w .16
s83°45'w 188.69
s86°39'w 189.93
s3 6° 15 33'w 4.8 6
s86°55'w 131.71
Data and Deed Call Listing of File: FCB75_8A.DES Tract 1: 75.770 Acres: 306629.1 Sq Meters: Closure = s19.2428w 1.19 feet: Precision =1/7308: Perimeter = 8699 feet 001=s45.0536w 236.87 002=s44.47w 99.28 003=s51.21w 99.68 004=s71.3w 159.79 005=s36.33w 154.86 006=s86.39w 189.93 007=s83.45w 188.69 008=n69.27w 180.16 009=n83.26w 112.39 010=n68.31w 180.7 011=n48.05w 219.09 012=n80.13w 191.96 013=s76.34w 190.26 014=s47.35w 100.31 015=s86.55w 131.71 016=n28.14w 98.49 017=n18.09w 180.57 018=n6.08w 155.92 019=n31.45w 259.01 020=n41.24e 246.42 021=n74.24e 285.54 022=n12.38e 219.02 023=n44.05e 222.27 024=n17.33w 261.4 025=n9.28w 148.75 026=n36.06w 158.34 027=n53.11w 290.69 028=n71.02w 44.19 029=n9.14e 254.3 030=s66.43e 99.42 031=s82.49e 245.41 032=s74.49e 281.26 033=s43.21e 284.13 034=s37.02e 210.82 035=s46.52e 178.38 036=s65.49e 154.46 037=s72.17e 152.81 038=s26.29e 247.24 039=s58.46e 174.87 040=n63.39e 237.89 041=n70.51e 119.2 042=s17.02e 217.43 043=s4.10e 133.83 044=s8.20e 289.85 045=s0.34w 115.5 046=s28.32e 215.12 047=s18.58e 80.77
TRACT II
TRACT III
