----TERMS: 10% down the day of Auction, balance due in full upon delivery of the merchantable title and deed free and clear of all liens and encumbrances except as stated herein and subject to easements or restrictions of record. A 5% buyer’s premium will be added to final bid and included in the total contract price. All bids accepted on the Real Estate subject to the Sellers approval.

----CONDITIONS: Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.

----TAXES: Buyer shall assume and pay real estate taxes due and payable in May, 2010

----POSSESSION: One day after closing subject to tenants rights.

----SURVEY: The Seller has a legal description for the property so no survey will be provided. If a survey is requested it will be paid by the buyer.

----AGENCY DISCLOSURE & GENERAL OFFICE POLICIES: Ness Bros. Auction Staff (Auctioneers and Ringmen) will represent the Seller exclusively unless Ness Bros. Agent has a signed buyer agency agreement with buyer, then that agent has a limited agency with buyer.

----DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in the brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an “AS IS, WHERE IS” basis and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the seller or the auction co. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and selling agents 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.

----DEED RESTRICTIONS TO RUN WITH TITLE: Restrictions will apply to the land including minimum square footage on single story homes of 1350 sq. ft. exclusive of basements, garages and porches and no less than 1700 sq. ft. for 1 ½ or 2 story homes, exclusive of basements, garages and porches. There shall be no two-family or multiple-family dwellings, nor shall there be any mobile homes on the lots of this property, nor any off-site manufactured or modular housing on the lots of this property. Also any out buildings of pole building quality or better. Buyers must obtain a driveway permit from the Huntington County Highway Department. These restrictions will not apply if sold as one unit.

----CLOSING: Balance of purchase price is due in cash at closing, which will take place within 30 days of proof of insurable title. The fee charged by any closing agent (including an attorney acting as a closing agent for both parties, and Buyer’s lender acting in such capacity) for closing services shall be paid equally by the parties. Each buyer will be responsible for paying a $195.00 transaction fee to be collected at closing.

----SPECIAL NOTE: The top bidder will be required to enter into a written agreement to purchase improved real estate contract irrevocable with earnest money deposited at the auction site immediately following closing of the auction. By executing this agreement, buyer is making an offer to seller. Buyer’s offer expires at 11:59 P.M. (local time) August 16, 2008 unless seller timely accepts it.

THANK YOU for your interest in this offering. If you have any questions, please feel free to talk to one of our representatives.