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Page 10 · column 9 of 11 · from the scan, no model involved
The property will be sold "as is" without representation or warranty of any Kind as to the condition of any improvements upon the property, arid subject to the covenants, conditions, restrictions, right-of-way and easements, if any, contained in the deeds forming the chain of title to the property. The sale is further subject to liens, including mechanis's and materialmen's liens of record and not of record, if such liens exist. A bidders deposit of Nine Thousand Two Hundred and no/100 Dollars ($9,200.00) in the form of cash or certified or cashier's check will be required at the time of sale, with the balance due at settlement, which shall be held on or before thirty (30) days from the date of sale at the office of the Substitute Trustee unless said period is extended by the Substitute Trustee . their successors or assigns for good cause shown. Time shall be of the essence with respect to settlement. The balance of the purchase price shall be paid in cash or its equivalent and shall accrue interest at the rate of 10% per annum from the date of sale to the date of settlement. In the event that the purchaser fails to go to settlement as required, the entire deposit may be forfeited and the property will be resold by the Substitute Trustee at the risk and cost of the defaulting
fiurchaser. In lieu of foreiting the deposit, the Substitute Trustee may avail themselves of any legal or equitable remedies against the defaulting purchaser. Real estate taxes shall be adjusted as of the date of sale, all costs of the conveyance, which shall be by special warranty, examination of title, recording charges, notary fees, settlement fees, including preperation of deed and grantor's tax thereon, etc., will be at the cost of the purchaser.
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