We will sell at auction the following described real estate – farm land of approx. 90.0 acres total M or L in Section 31, T6N, R4E (The Scott Farm), Brownstown Twp., Jackson Co., IN;

auction to be held at The American Legion in Brownstown, 709 W. Bridge St.

 Directions - Take Hwy. 50 to Brownstown, turn West at Lucas Ackermans (W. Bridge St.)   come in West door in basement  on

SATURDAY, MARCH 10, 2012

AT 10:00 A.M.

SALE TO BE HELD AT THE AMERICAN LEGION IN BROWNSTOWN

709 W. BRIDGE ST.

90.0 ACRES +/- IN BROWNSTOWN  TWP., JACKSON CO., IN

GROUND TO BE SOLD:  The real estate to be sold consists of approx. 90.0 acres total M or L, with 56.3 ACRES TILLABLE.  Soils consist of:  Gilpin Silt Loam, Haubstadt Silt Loam, Stendal Silt Loam, Wellston Silt Loam. Per FSA information there is a 51.8 acre corn base with a  98 bu. yield and a 4.5 acre soybean base with a 41 bu. yield.   

Property Sold ‘AS IS’: The real estate is being offered for sale “as is”.  The seller disclaims any warranties of fitness for any particular purpose.  Potential buyers will be expected to have fully inspected the real estate prior to the sale and should thereby satisfy themselves of the condition of the real estate.  All statements in this offer concerning the property are intended to be only generally descriptive.  Measurements and acreage that are listed herein are approximate. 

Viewing the Property: The property may be viewed, or you may pick up an information packet, by calling Fred Pollert at Pollerts Inc., 404 N. Chestnut St., Seymour, IN  47274 at (812) 522-2112.

Terms of Sale:  Cash, clear of all liens and encumbrances.  Sellers to pay May 2012 taxes and all prior taxes.  Buyers will pay taxes due and payable November 2012 and all taxes thereafter.

CURRENT ANNUAL TAXES:  $1,441.62 (NO EXEMPTIONS)

Sealed bids may be delivered to Pollerts Inc., 404 N. Chestnut St., Seymour, Indiana 47274, or brought to the auction site day of sale.  All bids will be opened at 10:00 AM on Saturday, March 10, 2012 at the auction site.    After opening the bids, any bona-fide bidder will be allowed to increase their bid in a public auction-type manner.  If no acceptable bid is received, the sale will continue from day to day thereafter, until the real estate is sold.  The successful buyer(s) will deposit 10% of the purchase price upon acceptance of the bid and shall pay the balance at closing (approx. 30 days).  If successful purchaser fails to complete the purchase, they will forfeit the 10% deposit as liquidated damages.  Sellers to provide an owners title insurance policy and deed.  Possession immediate at closing.  Seller reserves the right to reject any and all bids.

Announcements made day of sale take precedence over printed material.

SALE TO BE HELD AT THE AMERICAN LEGION IN BROWNSTOWN

709 W. BRIDGE ST.

Terms: Cash or Good Check      .         No Credit Cards        .        No Buyer’s Premium             Photo ID Required

Not Responsible for Accidents                                                .                                                    Restroom Available

OWNERS:  ROBERT D. (BOBBY) AND TAMMY J. WRIGHT