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lo mis propeny. neai esiaie taxes tor 1993 will be prorated as of closing.
TERMS OF SALE: All cash. Purchaser shall pay for all recording charges, including Stale Grantor Tax, Revenue Tax. settlement fees and all costs of conveyancing, which will be by Special Warranty Deed. A deposit of $10,000.00 for each parcel of land offered by certified check or approved check will be reoulred of successful bidder at the time of sale, or if said lands are sold in the aggregate, a deposit of $20,000.00 shall be required of the successful bidder by certified check or approved check for all of said lands. Settlement In full shall be made within thirty (30) days from the date of sale at the offices of F & M Bank - Winchester, Trust Department. 115 North Cameron Street, Winchester, Virginia, 22601. Time Is of the essence as to matters of closing. At settlement, the balance of the purchase price, over and above the retained deposit, will be due In cash or equivalent immediately available funds; otherwise, the Owner reserves the right to forfeit the deposit and apply the same first to the expenses of sale, and readvertise and sell the property at the risk and cost of the defaulting purchaser; or without forfeiting the deposit, the Owner may avail herself of any legal or equitable rights against the defaulting purchaser.
The Owner, in her sole and absolute discretion, RESERVES THE RIGHT: (i) to waive the deposit requirement; (ii) to extend the period of time within which the purchaser is to make full settlement; (iil) to withdraw the property from sals at any time prior to the termination of the bidding; (lv) to keep the bidding open for any length of time; (v) to reject all bids; and (vi) to postpone or set over the date of sale. In (he event the Owner deems It best for any reason at the time of sale to postpone or continue this sale from time to time, such notices of postponement or setting over will be in a manner deemed reasonable by the Owner. Additional terms and conditions may be announced on date of sale, which shall become a part of the terms of said sale.
The subject properly will be sold in ”as is" condition, without any warranty of any kind. The purchaser shall be soialy responsible to investigate any and all matters of zoning as to any of said parcels or tracts of land offered for sale by the Owner. No warranty or assurance of any kind whatsoever shall be given as to matters of zoning, restrictions, development potential, or any other matter of the use or status of said property. Successful bidder will be responsible for any damage, vandalism, theft, destruction, risk of loss, etc., of the subject properly occurring subsequent to the date of sale.
PLACE OF SALE: On the premises of The Gooney Manor Farm, at the pld manor house located on the Northwest side of Route 631, near Browntown, Virginia. Directional signs will be erected prior to sale.
INSPECTION PRIOR TO SALE: The premises shall be available for Inspection during regular business hours on November 11, 1993, or by contacting David A. Fahnestock, Auctioneer, at the address and telephone number set forth below.
DATE OF SALE: November 12, 1993
TIME OF SALE: 11:00 A M.
FOR INFORMATION, CONTACT THE UNDERSIGNED
AUCTIONEER:
DAVID A. FAHNESTOCK, Agent for Sallie
Curtis Clement, Owner
Virginia Licensed Auctioneer No. 70
1118 Martinsburg Pike
Winchester, Virginia 22603
Telephone: 703/667-3082
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