ABSOLUTE AUCTION!!! SAT. DECEMBER 9, 2006 11:00 AM, 7052 MT. GILEADROAD (KY 597), MAYSVILLE, MASON CO., KY 41056. The Peoples Bank of Fleming County has taken ownership of the property by deed in lieu of foreclosure & has authorized liquidation by Absolute Public Auction. Property to be sold to the highest and best bidder, absolute, regardless of price. Home has hardwood flooring, 3 bdrms, 1 bath, CH & CA, situated on nice 100’ x 200’ lot w/ water & gas. Property has great location on state road, just off KY 11! TERMS: REAL ESTATE to be SOLD AT ABSOLUTE AUCTION, to the highest and best bidder, REGARDLESS OF PRICE, with NO RESERVE! Purchaser(s) of real estate to place a deposit equal to 10 percent of purchase price down with contract immediately following sale, with balance due in full on or before 30 days with deed at closing. Property transferred utilizing existing legal description (no survey to be provided by the sellers). Possession with deed at closing Sellers will maintain insurance on the property though date of closing, however successful purchaser will have an insurable interest in the property as of the date of sale and is encouraged to obtain insurance immediately upon sale. Year 2006 real estate taxes payable by sellers; Year 2007 real estate taxes payable by purchasers (no proration). The home was constructed prior to 1978, therefore lead-based paint may potentially be in evidence. Prospective purchasers concerned about the possible presence of lead-based paint are encouraged to make arrangements with the agent & auctioneer prior to date of sale in order to conduct - at the prospective purchaser’s own expense - a lead-based paint inspection, as purchaser will be required to sign a waiver of any contingency regarding lead-based paint presence as a condition of sale. Prospective purchasers are encouraged & advised to inspect the property thoroughly prior to sale as home has been vacant for some time, utilities disconnected, and PROPERTY WILL BE SOLD “AS IS” ABSOLUTELY WITHOUT ANY WARRANTY WHATSOEVER --- INCLUDING WITH REGARD TO MERCHANTABILITY OR FITNESS FOR ANY DESIRED/IMPLIED/SPECIFIC USE, EITHER EXPRESSED OR IMPLIED. Purchased subject to zoning, easements, highway right of way, local ordinances, & any facts that might be disclosed by an accurate survey. Agent & auctioneer not responsible for accidents. Announcements made date of sale take precedence over written matter. AUCTION CONDUCTED BY CRAIG A. STANFIELD REAL ESTATE, AUCTION & APPRAISAL SERVICES, RT. 1, BOX 323A, KY 10 EAST, TOLLESBORO, KY 41189, PHONE: (606) 798-2009; MOBILE: (606) 301-3350; FAX: (606) 798-2115. CRAIG A. STANFIELD, R. E. BROKER & AUCTIONEER, 2003 KY STATE CHAMPION AUCTIONEER. Member National Auctioneers Association (NAA); KY Auctioneers Association (KAA). Eric Downs Apprentice Auctioneer: (606) 564-5085 or (606) 584-0383; Amy Downs Sales Agent: (606) 564-5085 or (606) 407-2006. EQUAL HOUSING OPPORTUNITY BROKER/AUCTION FIRM. EQUAL HOUSING FOR ALL: IT’S THE LAW!