Anklam Estate

Farmland/Recreational Property Auction

54 +/- Acres, North Zilwaukee Twp., Melbourne Road, Saginaw, MI
Saginaw River Frontage, Approximately 26-acres of premium tiled farmland

From Bay at Kochville Road go east approximately 4-miles to Melbourne then north 1-mile
(property is located on both sides of Melbourne Road)

Auction Location:  Servpro Building, 470 N. Adams St. Saginaw (Zilwaukee)
Building is 1/4 mile south of Tittabawassee Road. Or, 3/4 mile north of Kochville Road
near the base of the Zilwaukee Bridge

Thursday, January 26, 2012 @ 6 p.m.

Refreshments Served

Parcel No:               30135212006000                 
                                30135214003000                     
                                30135214004000
                                Section 21 T-13-N R-5-E
                                Zilwaukee Township

 Legal Desc:       To be provided

Tillable Property Features:

■ 52+/- Acres/Approximately 26 fertile tillable
■ Primarily Sloan-Zilwaukee Assoc. soils
■ Tiled in 1980’s by Kemp, south to north at approximately 50’ intervals w/pump up system at north property line
■ Farm not currently enrolled in PA-116
■ Inspect at leisure

Wooded Property Features:

■ Approximately 2800’ of nicely wooded Saginaw River frontage
■ Outstanding hunting parcel w/some of the finest deer, duck & walleye opportunities
■ Inspect at leisure

House & Building Features:

■ Small solidly built brick 2-bedroom semi-remote cabin style riverfront home with 1-bathroom & basement, LP gas furnace
    well & septic system
■ 30x40’pole barn w/overhead door & cement floor
■ Call Auctioneer for inspection

Terms & Conditions

■ Property to be sold in its entirety at 52+/-acres (as per Saginaw County Assessors records) by the acre plus $40,000.00 for riverfront home, pole building & lot consideration.  Bids subject to Estate Representatives approval.  Bids at the Auctioneers incremental discretion - there is no buyers premium.  

■ A non-refundable earnest money deposit will be required from successful bidder in the amount of $5,000.00.  Deposit will be retained in the form of liquidated damages if successful bidder is unable to close property sale.  The sale of this property is not contingent on the Buyers ability to obtain financing. 

■ Seller represents that they are the sole owner of this parcel & will provide Buyer a Warranty Deed.  Property to be sold free & clear of all liens & encumbrances.  Any existing assessment at time of sale are the responsibility of the seller.

 ■ All mineral rights & land divisions available, are to be conveyed to purchaser. All taxes incurred prior to close are the responsibility of the seller. Any tax liability generated after close will be the responsibility of the buyer.

 ■ Purchase agreement to be signed at conclusion of auction along with cash, cashiers check, or personal check, written to Wegner Auctioneers for earnest money deposit in the amount of $5,000.

■ Time is of the essence. Time, date & location of closing to be deter-mined at the discretion of the auctioneer, Marty Wegner, Wegner Auctioneers, within 45 days, at First American Title Co. Any additional survey or appraisals desired will be the responsibility of the purchaser. Possessions will be granted to buyer at close, to prepare for 2012 crops.

■ Other closing fees related to the sale of property including, but not limited to Deed prep not to exceed $500. to be split equally between Buyer & Seller. If Buyer’s lending institution requires Buyers Title Insurance it is the responsibility of Buyer.

 ■ Property to be sold as is– where-is with no guaranty or warranty of any type, expressed or implied, as to usability for particular purpose.  Consult with Township, County, and State if other uses than cash crop farming or recreational are desired.

■ Announcements made on sale date take precedence over printed matter.

Wegner Auctioneers LLC
 Terms: Cash or Checks with proper I.D. day of sale. Nothing removed from premises until settled for.  Not responsible for  accidents or items after sale.
Everything sold as is-where is with no warranty said or implied. Auctioneer & staff act as selling agents only & assume no liabilities or guarantees. Announcements on sale day take precedence over printed matter.