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Paul and Mavis Kaufman October 29, 2020

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Paul and Mavis Kaufman October 29, 2020 Unreserved Public Real Estate Auction Paul and Mavis Kaufman Will be sold to the highest bidder 3 Parcels of Real Estate – 480± Title Acres October 29, 2020 3912± Sq Ft Home – 28 Ft x 50 Ft Shop – Clyde, AB Edmonton Auction Site AB/Westlock County Parcel 1 – SW 22-60-25-W4 – 160± Title Acres – Home Quarter ▸ 1985 built, 3912± sq ft two-storey home, attached double garage, (7) bedrooms, (two master bedrooms with ensuites), (4) bathrooms, (2) kitchens, residential elevator, 28 ft x 50 ft shop with 12 ft W x 14 ft H overhead door, 20 ft x 30 ft detached garage, 40 ft x 40 ft barn, 22 ft x 20 ft calving shed, 25 ft x 95 ft pole shed, livestock corrals, power, natural gas, (2) water wells, septic field system, 125± ac cult, canola 2020, balance bush and lowland, taxes $3914.99. Home Yard site ▸ Built 1985 ▸ 3912± sq ft, two-storey ▸ (7) bedrooms, (4) bathrooms ▸ Attached double garage ▸ 12-inch exterior walls (staggered double 2 x 6 construction) ▸ Raised roof trusses (R60 attic insulation with R40 at the outside) ▸ Stucco exterior, asphalt shingles (new 2017) ▸ First and second floor decks ▸ Ground floor, self-contained in-law suite ▸ Residential elevator ▸ Hot water radiant heat - (2) boilers ▸ Laminate hardwood, tile, linoleum and carpet 3912± sq ft two-storey home First Floor ▸ Entry, mudroom and laundry Open House Dates: - Washer and dryer October 4 and 18 – 2 to 4 pm ▸ Kitchen - Oak cabinets For more information: - Laminate hardwood Paul or Mavis Kaufman – Contact - Skylight 780.348.5671 - Fridge, Stove, Dishwasher Jerry Hodge – Ritchie Bros. Real Estate ▸ Master Bedroom 780.706.6652 | [email protected] - Ensuite – (2) piece Rebecca Unrau – Ritchie Bros. Territory Manager ▸ (2) Bedrooms 587.983.8757 | [email protected] ▸ Living room ▸ Utility room Brokerage: Ritchie Bros. Real Estate Services Ltd. Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. Property titles are available upon request. The information provided is a guide only. Visit our website for auction and property details: rbauction.com/realestate Parcel 1 – SW 22-60-25-W4 – 160± Title Acres – Home Quarter Second Floor ▸ Kitchen - Oak cabinets - Quartz countertops - Island - Walk-in pantry - Gas range - Stainless steel fridge and dishwasher - Laminate hardwood First floor kitchen ▸ Dining Area - Patio doors to deck ▸ Sitting room ▸ Living room - Natural gas fireplace ▸ Vanity room - Jetted tub ▸ Master bedroom - Ensuite – (2) piece - Walk-in closet ▸ (3) Bedrooms First floor sitting room First floor master bedroom Attached Garage ▸ 30 ft wide x 22 ft deep ▸ (2) translucent overhead doors ▸ Radiant overhead heat Shop ▸ 2004 Future steel metal building ▸ 28 ft x 50 ft ▸ Insulated, in-floor heat ▸ Concrete floor ▸ Power Second floor kitchen ▸ Shop crane ▸ 12 ft W x 14 ft H overhead translucent door ▸ Attached 40 ft storage and utilities sea container Barn ▸ 40 ft x 40 ft ▸ Water and power Calving Shed ▸ 22 ft x 20 ft Pump House ▸ 8 ft x 16 ft Second floor living room Second floor dining room ▸ Insulated and heated Pole Shed ▸ 25 ft x 95 ft Green House ▸ 8 ft x 30 ft ▸ Hot water radiant heat Detached Garage ▸ 20 ft x 30 ft Second floor sitting room 8 ft x 30 ft green house Livestock Corrals Fire Pit Picnic Area Utilities ▸ Natural gas ▸ Power ▸ (2) water wells ▸ Field and above ground discharge septic systems Farmland ▸ 125± ac cult, canola 2020, balance yard site, bush and lowland Items selling separate 28 ft x 50 ft shop ▸ (2) 40 ft sea containers Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. Property titles are available upon request. The information provided is a guide only. Visit our website for auction and property details: rbauction.com/realestate Parcel 3 Parcel 2 – NW 28-60-25-W4 – 160± Title Acres – Farmland ▸ 110± ac cult, canola 2020, balance bush and lowland, taxes $503.56. Parcel 3 – NW 15-60-25-W4 – 160± Title Acres – Farmland ▸ 125± ac cult, canola 2020, balance bush and lowland, taxes $949.16. Parcel 2 Lac la N 44 Athabasca Biche Flatbush Rich Boyle Caslan Lake Perryvale Auction Property Beaver R. Nestow Lone Jarvie Kikino Pine Mallaig 2 Bellis Athabasca R. Westlock Clyde Abee Ashmont 2 Home Quarter Andrew Farmland Legal Willingdon Glenevis 2 Two Hills Stanger Lac Sainte Anne St Albert Mundare 16 16 Entwistle Lavoy 1 Edmonton Beaverhill TWP 603 Keephills Lake 16 3 Cynthia Nisku Auction Location Mannville Warburg Viking Lodgepole Millet Pigeon Lake Camrose Winfield Bawlf Wetaskiwin Directions to Property Killam Directions to Parcel 1 and Parcel 3: From Clyde, AB, go West 2 km (1.24 miles) or from Westlock go East 10 km (6.2 miles) on Hwy 18 Westlock RR# 254 RR# 253 to the intersection of Hwy 18 and Hwy 2 and RR 253 then go North 18 2 4.85 km (3 miles) on RR 253. Parcel 1 and Parcel 3 on the East side. Directions to Parcel 2: From RR 253 and Twp Rd 603, go West Clyde 1.6 km (1 mile) to RR 254 then North 2.4 km (1.5 miles). Parcel 2 on the East side. Parcel 1 Parcel 2 Parcel 3 Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. Property titles are available upon request. The information provided is a guide only. Visit our website for auction and property details: rbauction.com/realestate Unreserved Real Estate Auction – Terms and Conditions The following terms and conditions (the “Real Estate Terms”) form an integral part of the terms of the Bidder’s Terms of Bidding and Sale. The Real Estate Terms apply to all sales of real property (the “Property”), and apply only to sales of real property. Where the Real Estate Terms are applicable, the Real Estate Terms shall prevail to the extent of any conflict with the Terms of Bidding and Sale. 1. DEFINITIONS. In these Real Estate Terms, the “Seller” shall refer to the consignor of the Property and the “Buyer” shall refer to the bidder offering the highest bid accepted by the Auctioneer for the Property. Each capitalized term used herein but not otherwise defined shall have the meaning ascribed to such term in the Terms of Bidding and Sale. 2. UNRESERVED AUCTION. The Property shall be sold to the highest bidder regardless of price at unreserved public auction. The sale shall not be subject to any minimum bid or reserve price. 3. CASH SALE. This is a cash sale and is not contingent on the Buyer’s ability to obtain financing. 4. AGREEMENT OF PURCHASE AND SALE. The Buyer shall execute an Agreement of Purchase and Sale, in the form provided by the Auctioneer, without modification, immediately after being declared the high bidder. 5. AGENT OF SELLER. The Auctioneer (and any appointed real estate agent, where applicable) is acting as an agent of the Seller only, and not as an agent of the Buyer or as a dual agent. The Buyer may be required to sign an Agency Agreement acknowledging that they are aware they are not receiving any representation. 6. COMPLETION BY LEGAL REPRESENTATIVE. Completion and closing of all real estate transactions will be handled by legal representatives appointed by the Seller and Buyer, acting on behalf of the Seller and Buyer, respectively. All deposit, earnest and purchase monies in respect of the Property shall be paid to and deposited in trust with the legal representative for the Seller. 7. DEPOSIT. Immediately after being declared the high bidder, the Buyer shall submit a non-refundable deposit in trust to the legal representative for the Seller in the amount of 25% of the Purchase Price (the “Deposit”). The Auctioneer may, in its sole discretion, accept a Deposit of 10% of the Purchase Price if provided with an unconditional letter of financing from a lending institution acceptable to the Auctioneer. The balance of the Purchase Price shall be paid at or before closing. 8. TRANSACTION FEE. Immediately after being declared the high bidder, the Buyer shall pay the applicable transaction fee, if any, to the Auctioneer. 9. TAXES. Any and all applicable Federal, Provincial or State taxes (including property transfer tax, if applicable) must be paid by the Buyer in addition to the Purchase Price, at or before closing. Any and all applicable property taxes shall be paid at or before closing by the Seller and Buyer pro-rata based on the date of closing. 10. CLOSING. Closing will take place on the date that is 30 days after the date of the auction, or such other date as may be mutually agreed by the parties. The Buyer and Seller shall each be responsible for their own legal fees. Land title registration fees and applicable transfer fees shall be paid by the Buyer at or before closing. All necessary adjustments will be based on the agreed upon closing date. 11. NON-PERFORMANCE. Any failure by the Buyer to complete the purchase of the Property will result in the Deposit and any further interest in the Property being forfeited. 12. POSSESSION. The Buyer will receive vacant possession on the date of closing. 13. AS-IS SALE. The Buyer shall accept the Property “AS-IS”, “WHERE-IS”, and “WITH ALL FAULTS” as of the closing date and the Buyer specifically agrees that neither the Seller nor the Auctioneer make any representations or warranties of any kind whatsoever, expressed or implied, to the Buyer as to the value, condition or fitness of the Property, environmental or otherwise, or any part thereof or improvements thereon.
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