LOGAN COUNTY KENTUCKY REAL ESTATE IN A PRIME LOCATION

PERCY & RUTH BELILES

ESTATE AUCTION

SATURDAY, JULY 17^th @ 10:00 A.M.

42+/- ACRES – 2 HOMES – IN 3 TRACTS – GARAGE

FRONTAGE ON U.S. 431 – COUNTY WATER – SUPER LOCATION

SCENIC BEAUTY – WILDLIFE – BARN - POND – WOODS

ANTIQUES – FURNITURE – GLASSWARE –

 2 VEHICLES

646 S. MAIN STREET, LEWISBURG, KY

A spectacular display of Logan County beauty maybe found on this prime offering of choice real estate from the main home to the quiet meadows with deer and turkey feeding or drinking at the pond in the late afternoon.  The cattle once grazed the lush pastureland and rested in the mature woods, truly a country lover’s paradise with a barn for the cattle or horses.

SALE #1 – 3 bedroom – 2 bath brick and vinyl home, formal living room, den w/fireplace, kitchen, basement with outside entrance, 2 car garage, paved drive and located on over ½ acre lot.

SALE #2 – 2 bedroom frame home, living room, kitchen, siding and located on over ½ acre lot.

SALE #3 – 41+/- acres of prime pasture, trees and scenic beauty with abundance of deer, turkey, pond and barn, truly a park setting, city living and country beauty.

Seller reserves right to combine any or all tracts to achieve the highest price. 

SUPER LOCATION

Only minutes to Clarksville, TN, Elkton, Greenville, and Russellville, KY. - less than 1 hour from Nashville, TN.  Near Lake Malone – Golf Courses – State Park – Boat Dock – Marina and Restaurant.

LOCATION – LOCATION – LOCATION

Property will be offered in tracts, combinations, and total acres.

Selling Following Real Estate

1994 Buick (32,070 miles – sharp) – 1994 Dodge Magnum Dakota P/U (66,147 miles – V6) – Marble Top End Tables (oval) – Marble Top Coffee Table (oval) – Marble Top Sofa Table – Marble Top End Tables (square) – Needlepoint Stools – His & Her Victorian Chairs – Victorian Sofa – “Gone with the Wind” Lamp – Clocks – Marble Top Fern Stand – Dolls – Figurines – Baldwin Organ – Ladies Hats – Ladies Handbags – Davis Cabinet Company Lillian Russell Cherry Bedroom Suite (4 pc) – Antique Rocker – Gooseneck Rocker – Duncan Phyfe Table – Love Seat – Bride’s Baskets – 5 gal Milk Can – Pitcher & Bowl w/Stand – Round Table & 8 Chairs w/2 leaves – 4 pc Cannonball Bedroom Suite – RCA Console TV – Singer Sewing Machine w/Stool – Old Pictures – Button Collection – Thread & Spools – Mirror & Stand – Server w/Mirror – 4 Tin Pie Safe – Speed Queen Wringer Washer – Wizard Washer and Dryer – G.E. Refrigerator – Singer Pedal Sewing Machine – Stereo – Fruit Jars – Chest Freezer – Upright Freezer – Feather Beds – Quilts – Quilt Tops – Cedar Chest – Linens – 2 pc Bedroom Suite – Frigidaire Refrigerator – Whirlpool Microwave – Magic Chef Range – Glassware – Pressure Cookers – Stemware – Wm Rogers Flatware – Numerous Preserve Stands – Cake Stands – Butter Dishes – Cream & Sugar Sets – Edelstein Bavaria Shelby Service for 12 China #18769-53 (Made in Germany) – Coal Oil Lamps – Sewing Machine in Cabinet w/3 Drawers – Some McCoy – Men’s Hats – Old Hat Boxes – Odd Chairs – Old School Desk – Mirrors – Salt & Pepper Collections – Air Compressor – Push Mower – Troy-Bilt Riding Mower

AUCTION NOTE:  This is only a partial list, including many box lots.  Mr. & Mrs. Beliles were married for over 76 years.  You will not want to miss this Robert L. Blackford Auction on July 17^th, 2010!

AUCTION TERMS & CONDITIONS

PROCEDURE:  The property will be offered in 3 individual tracts, in combination, or as a total of 42+/- acre unit.  Any qualified bidder may bid on individual tracts, combinations, and the total property.  The property will be sold in the manner resulting in the highest total price.

ACCEPTANCE OF BID PRICE:  All successful bidders will sign a purchase agreement at the auction site immediately following the close of bidding.

REAL ESTATE TAXES:  Seller agrees to pro-rate taxes for 2010 based on closing day.  All taxes thereafter shall be the responsibility of the buyer. 

POSSESSION:  All tracts day of closing.

EASEMENTS:  Sale of property is subject to any and all easements, recorded or unrecorded, visual or non-visual.

AGENCY:  Robert L. Blackford and its representatives are exclusive agents of the sellers.

DISCLAIMER AND ABSENCE OF WARRANTIES – PROPERTY INSPECTION:  All information contained in this brochure and related materials are subject to the terms and conditions outlined in the agreement to purchase.  ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE AUCTION WILL TAKE PREDEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.  The property is sold on an “AS IS” “WHERE IS” basis, and no warranty or representation either expressed or implied concerning the property is made by the sellers or the auction company.  Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property, including, property condition, suitability, merchantability, operative, environmental condition, permitted or allowable use of property or fitness for a particular use including but not limited to ingress and egress, utilities, right of ways, flood plains, wetlands, zoning, hazardous materials, building permits, and any matter concerning this sale. 

The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it.  The sellers or the auction company assumes no liability for its accuracy, errors, or omissions.  All sketches and dimensions in this brochure are approximate.  All acreages are approximate.  Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.  The sellers and the auction company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc.  All decisions of the auctioneer are final.

Neither the seller, agent, auctioneer or representatives shall be liable for any relief, including damages, rescission, reformation, allowance for adjustments based on the failure of the property to conform to any specific standard or expectations, or any third party documents or information.

NEW DATA, CORRECTIONS AND CHANGES:  Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

NOTE:  Video taping, flash photography, recording and/or public announcements will be allowed on auction day ONLY with prior approval from Robert L. Blackford Real Estate and Auction.

DOWN PAYMENT:  Successful bidders shall deliver on day of sale to Robert L. Blackford Real Estate and Auction Company 15% of the final contract price as a non-refundable escrow deposit via cash, certified funds, cashiers check, or pre-approved personal check.  Personal or business checks should be accompanied by a bank letter of guarantee stating the account is in good standing with the bank and to what amount they will honor.  Your bidding is not conditional upon financing or appraisals, so be sure you have arranged financing, if needed, prior to bidding and are capable of paying cash at closing.  Vehicles & Personal Property – cash day of auction – vehicle titles will be mailed.

If a successful bidder fails to close within the time specified, sellers shall have the right to terminate the purchase agreement and retain the deposit as liquidated damages in addition to other legal remedies or at seller’s option, extend the closing past the designated closing date.

AGRICULTURAL:  All tracts are offered as agricultural, residential or recreational tracts only.  Some portions of this property located in city limits of Lewisburg, KY.

BUYER’S PREMIUM:  There is no buyer’s premium on this Robert L. Blackford Auction.

STOCK PHOTOGRAPHY:  Horses, Cattle, etc. are used for illustrative purposes only, including any other businesses or landmark sites.

OWNER:  PERCY & RUTH BELILES ESTATE

QUESTIONS:  Call Robert L. Blackford – 1-800-790-8075 or Mobile 270-725-0136.

LEAD PAINT:  Any home built prior to 1978 could contain lead base paint.  If potential purchaser requires lead base paint inspection, it must be completed prior to 5:00 P.M., July 16^th, 2010, at potential bidders expense.  A lead base paint waiver must be signed prior to purchase contract. 

All property, buildings, equipment offered in “AS IS” “WHERE IS” condition and subject to all easements recorded and unrecorded, leases, right-of-ways, and any other conditions, ingress and egress.  All potential bidders should inspect property prior to bidding and bid upon their own judgment.  No inspections have been completed including termite.  Mineral rights have been leased.  Any lease payment paid after the sale date will go to new landowner.  Also portion of land is possible 4-lane site in future as alternate site only.  Survey plats available at Auction Office.