610 W. Lincoln Ave. - Lewistown, IL

Terms for Online Bidding: The online registration will need to be completed. The successful online bidder will be notified immediately following the closing of the auction and a time will be set to either sign the real estate sales contract in person or electronically, neither which will take place later than December 17, 2018. At the time of executing the sales contract, earnest money in the amount of $500 or 10% of the sales price (whichever is greater) will be collected in the form of check or certified funds, made payable to Rhoades Real Estate & Land Auction Services, Inc. The balance of the contract price will be paid in full at closing, which will be scheduled for no later than January 18, 2018. If you have any questions, please call our office at 309-647-8811. AGENCY: Rhoades Real Estate & Land Auction Services, Inc., auctioneer/broker, is acting exclusively as agent for the seller. CLOSING COMPANY: Closings will be conducted by the law offices of Froehling, Weber, & Schell, 167 W. Elm Street, Canton, IL 61520, 309-647-6317. Taxes to be pro-rated at closing. Seller shall pay for their customary closing costs, including title examination fee, state and county transfer tax stamps, deed preparation, and owner's title policy. Buyer shall pay for lender's title insurance (if required); one-half closing fee; and for recording of deed. For questions regarding closings contact Jed Rhoades, Managing Broker & Auctioneer, at 309-647-8811 or e-mail RhoadesRealtors@gmail.com DISCLAIMER: Property is selling as-is, where-is with all faults and is selling subject to easements, leases, restrictions, covenants, conditions, zoning HOA and POA fees and all other matters which would be revealed by a current survey or an inspection of the property or which is contained in public records. Seller reserves the right to cancel the sale. Property will be conveyed by a General Warranty Deed. Information contained herein was obtained from sources deemed reliable. The seller and their agents reserve the right to place bids on the property up to the sellers reserve at their sole discretion. The property will sell as-is, where-is with no warranty, expressed or implied, as to improvements, soil condition, environmental and wetlands, or zoning. No personal property conveyed with real estate. Neither the seller, Rhoades Real Estate & Land Auction Services, Inc., nor their agents will be responsible for any errors or omissions herein. Bidders should carefully verify all information and make their own decisions as to the accuracy thereof before submitting their bid. Purchaser or purchasers representative will acknowledge by signature of the real estate sales contract they have inspected the property. The terms of the real estate sales contract are controlling in the event of any perceived inconsistency between its terms and any statements or other advertisement. CONTINGENCIES: This sale is not contingent on Purchasers ability to obtain financing, or subject to any home, radon, lead-based paint, mold, or other inspections. POSSESSION: Purchaser will receive possession at closing. No New Survey: The Property shall be conveyed by the existing legal description. Equal Opportunity Clause: All bidding is open to the public. The property is available to qualified purchasers without regard to a prospective purchasers race, color, religion, sex, material status, national origin, or physical handicap. Debt Collection and Interest Charge: The bidder agrees to pay all reasonable attorney fees and other costs incurred by Rhoades Real Estate & Land Auction Services, Inc. in its efforts to collect unpaid funds from the bidder. Any debt collection or dispute proceedings will be heard in Fulton County, Illinois. Guaranty Agreement: By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees payment of any bid amount not paid when due by the business entity or corporation, for any reason, together with all collection expenses incurred to enforce collection, including a reasonable attorneys fee. Age Requirement: All bidders must be 18 years of age or older. *SELLER IS A FINANCIAL INSTITUTION AND HAS NEVER OCCUPIED THIS PROPERTY. AT THE TIME OF EXECUTING THE REAL ESTATE SALES CONTRACT, SELLER WILL PROVIDE BUYER A REAL PROPERTY DISCLOSURE REPORT, LEAD-BASED PAINT DISCLOSURE, AND RADON DISCLOSURE INDICATING THEY HAVE NO KNOWLEDGE OF ANY SUCH CONDITIONS.