AUCTION IS OVER

• 4 Miles North of I-80/90 • Great Recreation Area • Edwardsburg School System • 30+/- Acres Tillable • 4,400 Sq. Ft. Country Home & 1,100 Sq. Ft. Guest or Rental Home • Banked Pole Barn and 4 Stall Detached Barn for Horses or Cattle • Just 4.5 Miles North of Elkhart, IN & 22 Miles Northeast of South Bend, IN

OPEN HOUSE/INSPECTION DATES

Sat. June 5, 2 - 3:30 pm
Mon. June 14, 4 - 5:30 pm
Meet with a Schrader Representative at property

PROPERTY LOCATION

PROPERTY LOCATION: 20605 Grange St. Edwardsburg MI 49112 DIRECTIONS: 2.5 Mile North of I 80-90 at Elkhart IN exit 92 on Cassopolis St. (SR 19) becomes M205 in Michigan continue North on Cassopolis Rd. (when M 205 turns to east) 1.5 Mile to Grange St. go East 1/4 Mile to property OR East of Edwardsburg MI on US 12 5.5 Mile to Cassopolis Rd. go North 1.5 Mile to Grange St. go East 1/4 Mile to property

AUCTION LOCATION

AUCTION LOCATION: Four Lakes County Club 22786 US 12 E. Edwardsburg MI 49112 DIRECTIONS: North of I 80-90 2.5 Mile on Cassopolis St. (SR 19) becomes M 205 in Michigan continue North on Cassopolis Rd. to US 12 OR East of Edwardsburg 4 Mile on US 12 to Golf Course.

PROPERTY DESCRIPTION

37 +/- Acres with 975ft. frontage on Grange St. a large Country Home. 4400 +/- sq. ft. and 1100 +/- sq.ft. Guest or rental home. Lots of out buildings for Horses or Cattle, over 8800ft. of high tensile strand fence, fantastic location, country living just 4.5 Miles North of downtown Elkhart, IN and 6 Miles east of Ewardsburg MI, lots of lakes and Golf Courses in the area and major snowmobile trails for year round fun.

TRACT DESCRIPTIONS

Tract 1: 1.5± ac open lot 212ft. frontage on Grange St. would make a great building site

Tract 2: 2.7± ac 377ft. frontage on Grange St., 2- Homes, in ground pool and Pool House/Craft Shop, 4-stall detached garage, banked pole barn, large COUNTRY HOME 4400 +/- sq. ft., 2800ft. main level, 1600 +/- sq. ft. upper level, 700 +/- sq. ft. Bedroom Suite including 2 walk in closet full bath and childs bedroom, 4- Bedrooms upper level up to 3 main level, 700 +/- sq. ft. family room with fireplace, 2 1/2 baths, large kitchen/dining area, new carpet on main level, Lenox Pulse 21 LP furnace, central air, 200 amp service, water softener, plastic pluming, 4in. well, 1050 +/- sq. ft. of porch, patio and deck under roof plus 750 +/- sq. ft. basement. GUEST HOUSE 2 bedrooms, 1 bath, 2 stall garage LP heat, 100 amp service. BANKED POLE BARN 40ft. x 31ft. upper level. 14ft. eve, 15ft. slide door, wood floor, lower level cement walls and floor, 4 STALL DETACHED GARAGE 42ft.x26ft. , POOL HOUSE/CRAFT SHOP 25ft. x27ft. , 2 rooms, 22ft. +/- x 45ft. +/- In ground Pool

Tract 3: 0.8± ac Swing Tract must be sold with either Tract 2 or 4, 109 frontage on Grange St. 47ft. x47ft. Horse Barn with loft, 8 stalls, tack room, small office

Tract 4: 2± ac 277+/- ft. frontage on Grange St. w/approx 100ft x 48ft 4800 +- sq. ft. Steel Structure building, full cement floor, 2 slide doors and 2 passage doors, 100 amp service.

Tract 5: 15± ac Swing Tracts, must be sold to an adjoining land owner OR adjoining Tracts 1-4, gently rolling, lots of high tensile 5 strand fence Tract 5 open with horse shed and Tract 6 is partly wooded.

Tract 6: 15± ac Swing Tracts, must be sold to an adjoining land owner OR adjoining Tracts 1-4, gently rolling, lots of high tensile 5 strand fence Tract 5 open with horse shed and Tract 6 is partly wooded.

AREA MAP

TRACT MAP(S)

AREA MAP(S)

Procedure: The property will be offered in 6 individual tracts and as a total 37 acres.

Down Payment: Ten percent (10%) down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashier's check, personal check, or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.

Acceptance of Bid Prices: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.

Evidence of Title: Seller shall provide an owner's title insurance policy in the amount of the purchase price.

Closing: The balance of the purchase price is due at closing, which shall take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

Possession: Possession of land at closing.

Real Estate Taxes: Taxes shall be prorated to the date of closing.

Approvals: Sale and closing shall be contingent upon approval by Mason Township and the proposed land division and compliance with Public Act 591, as to all parcels sold. All real estate is being sold subject to any existing easements and right-of-ways of record and without grants of further division rights under Public Act 591.

Acreage: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.

Survey: A new survey will be made where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Buyer(s) and Seller will share the survey expense 50:50.

Agency: Schrader Real Estate & Auction Company, Inc. and its representatives are exclusive agents of the Seller.

Disclaimer & absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase 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 the Auction Company. 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 this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding, if there is any questions as to the person's credentials, fitness, etc. All decision of the Auctioneer are final.

STOCK PHOTOS: Wildlife photos are for illustrative purposes only.

Any announcements made the day of the sale take precedence over printed material or any other oral statements made.

None at this time