Lot 5

Item Location

Fort White, FL, United States

Auction Company

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Listing Description

Online Only

Title

Tract 5 - 33.30 ± Acres with 663' of Paved Road Frontage on County Rd 138

Bidding Start

April 8, 2021 12:06 PM America/New_York

Bidding Ends

April 8, 2021 5:37 PM America/New_York

Contact the Auctioneer

P.O. Box 3428
Moultrie, GA 31776
1-800-323-8388

Contract for Sale of Real Property: The property is offered under the specific terms provided in the contract. The Contract for Sale of Real Property is available at www.rowellauctions.com. 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 Property, Do Not Bid!

This property is offered in 6 tracts.

Each tract is offered individually, in combination with other tracts, and the property in its entirety. The
configuration that produces the best offer to the seller will determine how the property sells.

This property sells subject to owner confirmation. Please refer to the Contract for Sale of Real Property
for complete terms.

Rowell Auctions, Inc. has the sole authority to resolve any bidding disputes as they may
arise.

Auction End Time: This Rowell Auctions, Inc. Online Real Estate Auction is a timed event
and subject to extended bidding based on bidding activity “Dynamic Close”. Any bid placed within the final 10 minutes of the advertised auction end time will automatically reset the time remaining for the auction to 10 minutes. Rowell Auctions, Inc. reserves the right to adjust the auto extension time period.

Example: If an auction scheduled to end at 4:00 p.m. receives a bid at 3:59 p.m., the “Dynamic
Close” auction auto extension is activated and nine (9) additional minutes are added to the
auction. The close time of the auction automatically extends to 4:09 p.m. The “Dynamic Close” auto-extend feature remains active until no further bids are received on the entire group of tracts offered in this auction. Rowell Auctions, Inc. reserves the right to adjust the auto extension time period.

Bidder Verification: The identity of all bidders will be verified, bidding privileges are provisional, and if complete verification is not possible, Rowell Auctions, Inc. reserves the right reject the registration, and bidding activity is subject to termination.

Terms: At the close of the auction, successful bidders will be emailed the contract package to
execute and return to Rowell Auctions, Inc. Successful bidders will deposit 15 % of the Contract Price as earnest money in the form of cashier's check or bank wire transfer with Rowell
Auctions within 24 hours of receipt of the contract package. The entirety of the remaining balance is due at closing as stipulated in the “Contract for Sale of Real Property”. Purchaser shall be responsible for all wire transfer fees.

Buyer's Premium: A 10% Buyer’s Premium will be added to the bid price on all properties to
determine the final contract price.

10% Buyer's Premium Example:

Bid Price: $100,000

Plus 10% Buyer's Premium: $10,000

Total Contract Price: $110,000

Contracts: Contract Packages will be sent by e-mail to the successful high bidder at the conclusion of the auction. Successful high bidder must execute and email, fax, or hand deliver the package back to Rowell Auctions, Inc within 24 hours of receipt. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable.

Auction Administrative Fee: In the event a winning bidder fails to submit the signed
'Contract for Sale of Real Property' and deposit earnest money as provided in the prestipulated Auction Terms, the winning bidder will be charged an administrative fee of
$2,500.00 on the credit card provided at auction registration. Additional default remedies are reserved by Rowell Auctions, Inc. and the Seller as provided in the Auction Terms & Conditions and the 'Contract for Sale of Real Property'. All administrative fees are non refundable.

Closing: Time being of the essence, these sales shall be closed on or before June 1, 2021. The
purchaser will pay for all closing costs associated with the transaction. Please refer to the Contract for Sale of Real Property, it is the document that governs the sale.

Agency Disclosure: In all transactions, Rowell Auctions, Inc. is acting as agent for the seller, not as buyer's agent. Rowell Auctions, Inc. reserves the right to remove or cancel the bids and or bidding rights and privileges of any party, deemed not to be in the best interest of the seller, at any time. At auctions with reserve, the seller and/or auctioneer reserves the right to bid on
the Seller’s behalf. On all auctions, auctioneer reserves the right to bid on auctioneer’s behalf when permitted by law.

Disclaimer: All information contained herein is believed to be correct to the best of the auctioneer's knowledge. The information is being furnished to bidders for the bidder's convenience and it is the responsibility of the bidders to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold 'AS IS' with any and all faults. Please review all information supplied, and seek appropriate assistance prior to bidding.

THANK YOU FOR PARTICIPATING IN OUR AUCTION


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