ABSOLUTE COURT ORDERED LIVE/ONLINE AUCTION
63.625 ACRES IN TRACTS & FARM MACHINERY
SATURDAY, JULY 1ST @ 10:30 A.M.
642 PREACHERSVILLE RD., STANFORD, KY
DIRECTIONS: From Hwy 150, turn onto Preachersville Rd. Go ½ mile to property on the right. Auction signs are posted.
TRACT A is 25.278 acres w/ 312.33’ of road frontage along Preachersville Rd., partially wooded.
TRACT B is 4.381 acres w/ 454.59’ of road frontage along Preachersville Rd., mostly cleared.
TRACT C is 5.532 acres w/ 517.67’ of road frontage along Preachersville Rd., all cleared.
TRACT D is 28.434 acres w/ 64.15’ of road frontage along Preachersville Rd., partially wooded.
PERSONAL PROPERTY includes: Live Bidding Only
1998 Kubota 8200 tractor w/ M446 Bush Hog loader, bucket & hay spear, 3,480 hours ~ 1996 Case 580L backhoe, serial # JJG0230006, broke hour meter ~ AC 7045 tractor ~ 1510 Ford tractor w/ 2246 QT Bush Hog loader ~ 24’ gooseneck Better Built trailer ~ 2 New Holland rakes and double rake hitch ~ 10 rolls of new woven wire ~ 2 rolls of high tensile wire ~ 7’ extra heavy duty grapple, never used ~ gravity wagon ~ Vermeer 605F baler ~ 16’ bumper hitch trailer ~ Bellteck hydraulic post hole digger ~ Schumacher battery charger ~ large shop floor fan ~ drill press ~ New Holland square baler ~ 8 roll hay wagon ~ 10’ wheel disc ~ 3 pt. seed/fertilize spreader ~ 3 pt. 5’ landscaping rake ~ 3 pt. 5’ rotary mower ~ 5’ grader blade ~ panel gates ~ farm gates ~ 10’ rotary mower ~ 6150 gallon Rubbermaid water tanks ~ round bale feeders ~ new 8’ T posts ~ 42’ x 6’ 8” storage container ~ cattle cake feeder ~ 10’ rotary mower ~ tote tanks ~ 60” Cub Cadet zero turn mower ~ 62” Cub Cadet zero turn mower ~ 72” Cub Cadet zero turn mower ~ wagon running gear ~ Bobcat skid steer, parts only ~ creep feeder ~ Sawzall ~ 8’ treated posts ~ 3 pt. hay spear ~ 3 pt. Shaver post driver ~ boom pole ~ chainsaws ~ Dewalt grinder ~ toolboxes ~ 8’ disc mower ~ 5’ garden tiller and much more.
PREVIEW: Saturday, June 24th from 2-5 p.m.
AUCTIONEER’S NOTE: Court ordered absolute auction of 63.625 acres and personal property. This farm is located a half mile off of Hwy 150, about 5 minutes from Walmart and hospital. It will be offered in 4 tracts using our multi-par bidding platform giving everyone the chance to buy exactly what you want. Land is gently rolling with numerous beautiful home sites. After the land, we will sell a large selection of farm machinery and personal property. Something for everyone so don’t miss this opportunity to buy what you want at your price.
MULTI-PARCEL AUCTION: The property will be offered in tracts utilizing the multi-parcel method and selling in the manner that reflects the best returns for the sellers. This concept gives each and every prospective buyer the ability to purchase his or her individual tract or combination.
BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bid to determine the final sale price on both real estate and personal property.
TERMS: Real Estate- 20% down due day of sale, with balance in 30 days with deed. Personal Property- Payment in full due day of sale in the form of cash, check, Visa or MasterCard with an additional 3% processing fee ($3 minimum).
Auctioneer/Broker/Seller Disclaimer: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its ‘as-is’ condition with no warranties expressed or implied.
Paul Playforth, Auctioneer
Sam Ford, Auctioneer
TERMS: Real Estate- 20% down due day of sale, with balance in 30 days with deed. Personal Property- Payment in full due day of sale in the form of cash, check, Visa or MasterCard with an additional 3% processing fee ($3 minimum).
PROPERTY IS OFFERED UNDER THE SPECIFIC TERMS PROVIDED IN THE PURCHASE CONTRACT. PLEASE READ AND REVIEW THE CONTRACT THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. IF YOU HAVE NOT READ AND REVIEWED THE CONTRACT FOR SALE OF REAL ESTATE, DO NOT BID.
REAL ESTATE TERMS: 20% of the total sale price down as a non-refundable earnest money in the form of a certified check, cash or wire transfer day of auction. We do not accept a credit card for down payment. The balance of purchase price is due at closing, said closing to be within 30 days of close of bidding. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Contract for Sale of Real Estate.
This auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Contract for Sale of Real Estate.
GOOD INSURABLE GENERAL WARRANTY DEED AT CLOSING.
BUYER’S PREMIUM: There will be a buyer’s premium of 10% added to the bid price to arrive at final purchase price. Example: Bid Price $100,000 plus $10,000 (10% buyer’s Fee) equals purchase price of $110,000.
AUCTION BIDDER DEFAULT: Successful bidder not executing and returning the contract with earnest money deposit the day of sale of the conclusion of the auction will be considered in default. In the event a winning bidder fails to submit the signed Contract for Sale of Real Estate and 20% earnest money deposit, the winning bidder will be charged a penalty fee of $5,000.00 on the credit card provided at auction registration. Additional default remedies are reserved by Ford Brothers, Inc. and the Seller as provided in the Auction Terms and Conditions and the Contract for Sale of Real Estate. Ford Brothers, Inc. reserves the right to sell to the second-highest bidder in the event the successful high bidder does not comply with the terms of the sale.
Any dispute between Ford Brothers, Inc., its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Lincoln County, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth.
Acceptance of Bid Prices: Successful bidder(s) will be required to enter into a purchase agreement immediately following the close of the auction. Successful bidders not executing and returning contracts with earnest money deposit day of sale will be considered in default. Any and all inspections that a buyer may want must be done at buyer’s expense prior to the close of the online bidding. Ford Brothers, Inc.'s Agents, Representatives or Employees may bid.
Title: As specified in the Contract for Sale of Real Estate
Deed: As specified in the Contract for Sale of Real Estate
Possession: As specified in the Contract for Sale of Real Estate
Real Estate Taxes and Closing Cost: All real estate taxes will be paid by purchaser. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan.
The seller will pay for deed preparation and deed tax.
Easements: Subject to any and all easements of record, including road easements and utility easements
Zoning: This property is subject to all state and local zoning ordinances.
Agency: Ford Brothers, Inc.' Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Ford Brothers, Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.
NEW DATA, CORRECTIONS,AND CHANGES: Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. Disclaimer & Absence of Warranties: All information contained in this information packet and all related materials are subject to the terms and conditions outlined in the Contract for Sale of Real Estate 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 Ford Brothers, Inc. Agents or Representatives. 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 the brochure and on the website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller, Ford Brothers, Inc., Agents or Representatives. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Ford Brothers, Inc. are final. Any dispute between Ford Brothers, Inc., its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Lincoln County, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth.
Auctioneer/Broker/Seller Disclaimer: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its ‘as-is’ condition with no warranties expressed or implied.
For additional information, contact Ford Brothers, Inc. Auctioneers at 1-800-435-5454.