Ontario Auction Guide

Address:  112 East Rae Ave, Petersburg, NE

Legal Description:  Lot 23, Block 9, Original Town of Petersburg, Nebraska

General Description:  This 2-Bedroom home has carpet throughout.  There is a sunny kitchen, dining room and nice sized living room.  There is an enclosed side porch and open front porch.  This home would make a good starter home on an economical rental property.  Located in Petersburg, Nebraska, where there are good employment opportunities on main street and the surrounding farming communitites.

Come to the Open House on Wednesday, July 7, 2010 at 12:00 Noon

2009 Real Estate Taxes:  $111.00

**This home is Agent Owned**

K. Appartments, LLC, Owners

For more information contact Ron Stock 402-649-3705 or Stock Realty & Auction Company 1-800-WE-SELL-8

Terms:  Immediately following the auction the successful bidder will be required to enter into a written purchase agreement  with a 10% down payment due the day of auction.  The balance will be due at the time of closing on or before September 6, 2010.  Possession will be givent at the time of closing.  Seller will provide marketable title to the buyer evidence by a policy of title insurance.  Cost of title insurance and escrow fees will be divided equally between the seller and buyer.  The 2009 real estate taxes will be paid for by the seller.  The 2010 real estate taxes will be prorated to the day of closing.  Property will not be sold subject to financing.  Please have all financial arrangements made prior to the auction.  All announcements made the day of auction take precedence over anything written or implied.  Stock Realty & Auction Company are agents working for the seller.