Medina Country Club and Golf Course 211+/- Acres

By registering to bid or placing a bid you agree to be bound by all of these terms & conditions. Any announcements at sale time shall take precedence over any written statements in this auction. All Internet bidders agree that bids placed on the Internet shall have the same legal effect as if they were in attendance at the auction in person. AUCTION REGISTRATION: The online registration form available at www.proxibid.com /romanauctions will need to be completed. Upon completion of this registration you will receive an email indicating you must provide proof of funds from your bank that you have sufficient funds to cover the required earnest money down payment before online bidding is activated. This can be accomplished by emailing the proof of funds to croman@georgeromanauctioneers.com a minimum of 2 hours prior to the auction ending time. Proof of funds can be in the form of a copy, email, or original of a current bank statement or brokerage statement in bidder’s name showing sufficient funds for the earnest money deposit required per property. Interested bidders will need to become "qualified bidders" that will include signing a confidentiality agreement and provide a source of funding and thereafter obtain a proposed bid package from the receiver. Minimum opening bid is $2,300,000.00. Sale is subject to court confirmation. Proof of funds will be required upon acceptance of the offer and the earnest money deposit of 10% of the sale price must be paid within 48 hours from end of auction. Plaintiff shall be permitted to bid. Bidders are responsible to complete their own due diligence. Property sold in AS IS condition. All inspections must be done prior to the auction. Additional terms or conditions may apply. Contact Ron Roman for viewings. 330.727.3760 NO BUYERS PREMIUM. EARNEST MONEY PAYMENT: Winning online bidders must deliver earnest money via wire transfer or cashier's check to the title company. Proof of funds will be required upon acceptance of the offer and the earnest money deposit of 10% of the sale price must be paid within 48 hours from end of auction. The successful online bidder will be notified immediately following the closing of the auction and emailed the Auction Purchase Agreement, to sign and return. Balance will be paid in full at closing on or before 30 days of acceptance of the offer. TITLE AND BUYER EXPENSES: DETAILED IN THE PURCHASE AGREEMENT. BUYER FORMS: A bidder's packet is available by email request to croman@georgeromanauctioneers.com or ronaldroman@gmail.com and will include the Purchase Agreement, Agency Disclosure, Affiliated Business Disclosure, and a Confidentiality Agreement. BROKER PARTICIPATION: LIMITED Broker participation is offered - contact Chris Roman for registration forms and guidelines at 330.717.1274 or croman@georgeromanauctioneers.com. DISCLAIMER: All information was derived from sources believed to be correct, but is not guaranteed. Public records were used as a source of information. Buyers shall rely solely on their own due diligence, judgement and inspection of the property. 1. All property is sold “AS IS”, and ALL SALES ARE FINAL. Property is open to thorough public inspection. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factors. George Roman Auctioneers, Ltd. may attempt to describe the merchandise in advertising, on the Internet, and at the auction, but makes no representations as to any of these determining factors. In no event shall George Roman Auctioneers, Ltd. be held responsible for having made or implied any warranty of any type or use. Bidder shall be the sole judge of value. 2.No Buyers Premium. 3. George Roman Auctioneers, Ltd. is providing Internet on-line bidding as a service to the Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against George Roman Auctioneers, Ltd. or anyone else if the Internet service fails to work correctly before or during the live auction. George Roman Auctioneers, Ltd. will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bid feature and leave their maximum bid 24 hours before the auction concludes. 4. Bidder agrees that this agreement shall be governed by the laws of the state of Ohio and hereby grants sole jurisdiction and agrees to submit to the personal jurisdiction and venue of a court of subject matter jurisdiction located in Ohio. Bidder agrees and grants that service of process on them may be obtained by mailing a certified letter, containing a summons, postage prepaid, to them at the address they provided to register. Should a dispute arise between George Roman Auctioneers, Ltd. and Bidder, Bidder waives any right to a trial or hearing in a court of law and agrees to settle the dispute through binding arbitration in Ohio. 5. George Roman Auctioneers, Ltd. may refuse a buyer’s number to anyone for any reason. Bidder agrees to provide any identification George Roman Auctioneers, Ltd. may request including but not limited to: drivers license, photocopies of credit cards, Social Security card or US Passport. Bidder agrees to comply with any stated additional terms or conditions associated with particular items. Thank you for your patronage.