Online Only Auction
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Date(s)
8/10/2022 - 9/22/2022
Bidding Notice:

**Please read all terms and conditions before bidding**


Information
Lot # 7
Group - Category Real Estate - Commercial Properties
Lead 1714 Wrightsburg Rd., Sebree, KY
Description
14+/- ACRES-4 POULTRY BROILER HOUSES-43X80 COVERED COMPOST SHED (4) 43X510 Broiler houses built in 1998 • 43X80 covered compost shed built in 2015 • Easy Access • Gravel Interior roads • Room for expansion • Broiler houses are in need of complete renovation
Name 7 POULTRY FARMS-50 BROILER HOUSES
Auctioneer
Type Online-Only Auction
Date(s) 8/10/2022 - 9/22/2022
Auction Date/Time Info
9/22/2022 12Noon cst
Preview Date/Time Saturday, Sept. 10th 10-12noon cst and Sunday, Sept. 18th 12-2pm cst
Checkout Date/Time -
Location
Buyer Premium N/A
Description
ONLINE AUCTION THURSDAY, SEPTEMBER 22ND @ 12NOON MORVATT ENTERPRISES LLC has authorized Herron Auction & Realty to sell the following 7 POULTRY FARMS-50 BROILER HOUSES  Auctioneer: Kevin Herron 270-826-6216
RE Terms: Purchaser shall pay 5% of the purchase price as a down payment at the conclusion of bidding. The balance is due w/delivery of the deed within 40 days of auction. Seller agrees to provide merchantable title to the property subject to matters of record & general conditions of title. All tracts are sold "as-is". The buyer will be responsible for any fees associated with the Owner's Title Insurance policy if one is desired. Property taxes shall be pro-rated to the date of closing. Closing shall be on or before November 1st, 2022. Any mineral rights owned by seller "if any" are included in the sale. Possession shall be granted to the successful bidder at closing. All tract acreages and proposed boundaries are approximate and have been based off of legal descriptions, tax records, aerial maps, and other documents. Any survey expenses will be the buyer's expense. Closing fees will be the buyer's expense, normal and customary. A 6% buyer's premium will be added to the high bid to determine total contract purchase price. Auctioneer's discretion includes but is not limited to the auction method, bid increments, and determining buyer. The decision of auctioneer is final regarding all matters that arise before, during or after the auction. Bidder shall not retract any bid. The auction is subject to confirmation of the bid by the seller. This is to be considered a cash transaction not contingent upon any matter, including buyer obtaining financing. Buyer shall immediately execute the sale contract and all related documents presented by auctioneer to bind bidder & seller to the sale of the property. Upon registering as a Bidder and bidding during the Auction, each Bidder shall be deemed to represent, warrant and agree that with respect to each property it bids upon (a) that such bidder has examined, or has had the opportunity to examine, the Property and is familiar with the physical condition thereof and has conducted such investigation of the property as the bidder has considered appropriate, (b) neither the Auctioneer or Seller, nor any affiliate, agent, officer, employee or representative of either of them has made any verbal or written representations, warranties, promises or guarantees whatsoever to the bidder, expressed or implied, and in particular, that no such representations, warranties, guarantees, or promises have been made with respect to the physical condition, operation, or any other matter or thing affecting or related to the Property and/or the offering or sale of the Property, (c) Bidder has not relied upon any representations, warranties, guarantees or promises or upon any statements made or any information provided concerning the Property, including but not limited to on-line at the Auction website, in the auction brochure or the information provided or made available by Auctioneer, or by Seller, or their respective agents, employees or representatives, and (d) Bidder has determined to make its bid after having made and relied solely on its own independent investigation, inspection, analysis, appraisal and evaluation of the property and the facts and circumstances related thereto. Upon registering as a Bidder and bidding during the Auction, each bidder shall also be deemed to represent, warrant and agree that (x) any information provided or to be provided by or on behalf of the Sellers with respect to the Properties including, without limitation, all information contained online at the Auction website, in the Auction brochure and in the information being made available to Bidder by Sellers and Auctioneer, was obtained from a variety of sources and that Sellers and Auctioneer have not made any independent investigation or verification of such information, and make no representations as to the accuracy or completeness of such information, (y) without limiting the generality of the foregoing, neither Auctioneer nor Sellers shall be under any obligation to disclose to any Bidder, and shall have no liability for its failure to disclose to any Bidder, any information known to them relating to any Property except as may be required by law, and (z) Sellers and Auctioneer are not liable or bound in any manner by any oral or written statements, representations or information pertaining to the Properties, or the operation thereof, furnished by any real estate broker, agent, employee, servant or other person. SELLER HAS THE RIGHT TO ACCEPT OR REJECT THE HIGH BID.
By bidding you agree to the terms and conditions of this auction.
Bid Amount Bid Increment
0.00 - 9,999,999.99 25,000.00 USD
Currency USD
Buyer Premium N/A
Payment Terms
5% deposit per farm, the day the auction ends or no later than the morning after sale. Balance in 40 days or less at closing. 6% Buyer's Premium on final bid.
None
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.