Paoli Indiana House Auction by UnitedCountry

HISTORIC HOME IN PAOLI, INDIANA OnlineAuction: FEB. 13 · 6 PM

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PROPERTY LOCATION: PREVIEW DATES

for more information

812.822.3200

UnitedCountryIN.com

INDEX LOCATION MAP TERMS & CONDITIONS PROPERTY INFORMATION AUCTION BIDDING PROCESS PERMITTED USES COUNTY PROPERTY INFORMATION TITLE COMMITTMENT SAMPLE PURCHASE CONTRACT BID CERTIFICATION

Auction Manager

Jimmie Dean Coffey | 812.360.6005 | jcoffey@unitedcountryin.com Cody Coffey | 812.360.8383 | ccoffey@unitedcountryin.com

DISCLAIMER: All Information contained is believed to be accurate and from accurate resources. However, buyers are encouraged to do their own due diligence. United Country - Coffey Realty & Auction assumes no liability for the information provided.

LOCATION MAP

TERMS & CONDITIONS OF THE AUCTION “BIDDING RULES”

TERMS AND CONDITIONS 28 Library Street - Paoli, Indiana 47454 - Orange County Legal Description: Town Of Paoli Pt 14 ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢

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The property will be offered for sale via a Public Online - Internet Bidding Platform All bids/ offers must be entered prior to February 13, 2024 - 6:00pm EDT To be approved as a bidder a signed copy of the terms and conditions along with a signed bidder's certification must be received and approved by the auction office. This property will be sold subject to seller's approval, sells with an un-disclosed reserve. Property sells As-ls with no warranties expressed or implied. Bidders may perform their independent inspections prior to bidding. This property is Subject to prior sale (the property can be purchased prior to end of auction). The seller reserves the right to cancel the auction at any time prior to the final bid closing. An 11% buyer's premium will be added to the final bid and charged to the buyer at closing, the final bid plus the 11% buyer's premium will establish the final sales price. Any pre-auction offers must be made & presented to Listing Broker based on these Bidding Rules (Terms & Conditions). A "Down Payment" of $5,000 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the purchase agreement. The down payment will be deposited with Title Plus, 328 S Walnut St. Bloomington, IN 47401. Upon the acceptance of the purchase agreement between the buyer and the seller, the down payment deposit will be nonrefundable; your bidding is not conditional upon financing, so be sure you are prepared to pay cash USD at closing or have arranged your financing prior to bidding. The balance of the purchase price including the buyer's premium will be due via a wire transfer to the closing company, on delivery of insurable title on or before February 29, 2024 The property will be conveyed by a Warranty Deed

The seller agrees to furnish buyer with an owner's policy of Title Insurance at closing. Preliminary title search provided in "Bidder's Info Packet". Real Estate Taxes will be prorated to the day of closing. Buyer will pay a Transaction Fee of $275 at closing Closing: o Closing shall take place at the office of: Title Plus 328 S. Walnut St. – Bloomington, IN o Closing fee will be paid by the buyer. o Closing will be held on or before February 29, 2024

Possession will be granted day of final closing Successful Bidder shall execute electronically a "Real Estate Purchase Agreement" for the property immediately after being declared Successful Bidder. Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due diligence concerning the property. - Further; Property sells as-is with no warranties expressed or implied.

United Country Real Estate, Tim Ellis Realtors & Auctioneers and their representatives are exclusive agents of the Seller. All announcements made up to the final close of the bidding take precedence over all advertising, oral or printed material.

All information was gathered from reliable sources and is believed to be correct as of the date this brochure is published; however, the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on ad are for representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the sellers or auctioneer to update this information.

SALE SITE: Internet Only: UnitedCountryIN.com VIEWING INSTRUCTIONS: Preview dates & times: Jan. 15th @ 5:00pm. & Jan. 28th @ 12:00pm The viewing of the property will be at the viewer’s own risk. The Seller, Auctioneer nor the Listing Agency may not be held responsible for accidents. For questions call or text: Tim Ellis, (812) 322-3514 or Cody Coffey (812) 360-8383. I do hereby agree to these Auction Terms & Conditions.

Bidder

PROPERTY I N FO R M AT I O N Charming Historic 2-Bedroom Home for Sale in Paoli, Indiana Auction Date: Online Only - Bidding ends February 13 at 6 pm Preview Dates: Monday, January 15th @ 5:00 pm Sunday, January 28th @ 12:00 pm Historic Charm in beautiful Paoli, Indiana: 2 Bedrooms, 2 Bathrooms, and More Step into a world of comfort with this 2-bedroom, 2-bathroom treasure. Each room is designed with a cozy and inviting ambiance, perfect for family living or a peaceful retreat. Beyond the Basics: Office, Basement, and Comfort Living In addition to the spacious bedrooms and bathrooms, the property boasts a functional office space and a versatile basement. Whether you’re working from home or need extra storage, these additional rooms cater to all your needs. Effortless Living: Natural Gas Heating and Central Air Experience comfort yearround with efficient natural gas heating and central air conditioning. These modern amenities ensure your home is a haven of comfort in any season. Spacious Elegance: 2,750 Sqft of Refined Interior With a total livable area of 2,750 sqft, this home offers ample space for relaxation and entertainment. The layout provides a harmonious balance between spaciousness and cozy living spaces. Cozy Evenings Guaranteed: Gas Log Fireplace Imagine unwinding by the warmth of the gas log fireplace, creating a serene and inviting atmosphere. Generous Lot Size: 70 x 142 Dimensions for Outdoor Enjoyment Set on a 70 x 142 lot, this property offers a generous outdoor space for gardening, leisure activities, or simply enjoying the tranquility of your surroundings. Timeless Appeal: Brick Exterior and Historical Significance The home’s brick exterior not only promises durability but also adds to the historical allure of the property. Built in 1919, it stands as a testament to timeless craftsmanship and architectural beauty. Discover the Craftsmanship: Stunning Woodwork and Hardwood Floors The interior is a showcase of beautiful woodwork, built-ins, and hardwood floors, reflecting the home’s historic roots. Each element has been preserved to maintain its original charm and character. This is more than just a house; it’s a piece of history waiting for its new chapter.

AUCTION BIDDING PROCESS ● Go to website: unitedcountryin.com ● Move down the page to “Historic 2-Bedroom Home in Paoli,

Indiana

● Click on “Bidding Open” ● A new page will open, and you will then see (to the right

and down of the photo) “Register to Bid”. Click on that. You will then be asked to create a login and password. (Note: Please keep this login and password information in a safe place so you can remember it for future login needs)

● Once you have created an account and successfully logged

in and registered for the auction you will receive an email with Terms & Conditions and a bid certification form. (These forms will be sent electronically, and your bids will show pending until these forms are completed.)

● Once forms have been successfully signed and submitted

you will approved for bidding.

For any bidding questions please contact: Cody Coffey 812-360-8383.

PERMITTED USES

COUNTY PROPERTY I N FO R M AT I O N 2/22/23, 1:30 PM

Elevate

Owner Name

Lane, Jeﬀrey A.

Owner Address

28 Library St Paoli, In 47454

Parcel Number

59-11-01-201-014.001-012

Alt Parcel Number

012-013-067-000

Property Address

28 Library St, Paoli, In 47454

Property Class Code

510

Property Class

1 Family Dwell - Platted Lot

Neighborhood

Original Town Lots, 1231-012

Legal Description

TOWN OF PAOLI PT 14.

Taxing District Township

Paoli Township

Corporation

Paoli Community

Taxing District Name

Paoli Town

Taxing District Number

012

Land Description Land Type

Acreage

Dimensions

0.00

70x142

Transfer of Ownership Date

Name

Buyer

Document

1900-01-01

Murphy, Hilma B.

2002-05-10

Nicholson, Reita

2005-03-16

Lane, Jeﬀrey A.

https://orangein.elevatemaps.io/prc.html?pin=59-11-01-201-014.001-012&appId=56a230fecbf00853728fbc11

Deed Type

Sale Price

$96,200.00

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COUNTY PROPERTY I N FO R M AT I O N 2/22/23, 1:30 PM

Elevate

Valuation Record Assessment Date

Reason for Change

Land

Improvements

Total Valuation

2022-01-01

Annual Adjustment

$8,600.00

$140,100.00

$148,700.00

2021-01-01

Annual Adjustment

$8,300.00

$125,100.00

$133,400.00

2020-01-01

Annual Adjustment

$7,800.00

$123,900.00

$131,700.00

2019-01-01

Annual Adjustment

$7,600.00

$117,600.00

$125,200.00

2018-01-01

Annual Adjustment

$7,400.00

$115,100.00

$122,500.00

2017-01-01

Annual Adjustment

$7,200.00

$112,100.00

$119,300.00

2016-01-01

Annual Adjustment

$7,100.00

$112,100.00

$119,200.00

2015-03-01

Annual Adjustment

$6,900.00

$109,200.00

$116,100.00

2014-03-01

Annual Adjustment

$6,900.00

$107,900.00

$114,800.00

2013-03-01

General Revaluation

$6,900.00

$108,000.00

$114,900.00

2012-03-01

General Revaluation

$6,900.00

$103,800.00

$110,700.00

2011-03-01

General Revaluation

$6,100.00

$96,000.00

$102,100.00

2010-03-01

General Revaluation

$6,000.00

$95,000.00

$101,000.00

2009-03-01

General Revaluation

$6,000.00

$94,000.00

$100,000.00

2008-03-01

Miscellaneous

$5,700.00

$94,000.00

$99,700.00

2007-03-01

Miscellaneous

$5,500.00

$92,000.00

$97,500.00

2006-03-01

Miscellaneous

$5,200.00

$91,100.00

$96,300.00

2005-03-01

Ag Land Update

$4,800.00

$58,900.00

$63,700.00

2002-03-01

General Revaluation

$4,800.00

$58,900.00

$63,700.00

Sales Sale Date

Sale Price

Buyer Name

Seller Name

Public Utilities Water

Sewer

Gas

Electricity

All

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COUNTY PROPERTY I N FO R M AT I O N 2/22/23, 1:30 PM

Elevate

Exterior Features Exterior Feature

Size/Area

Bay

Patio, Concrete

154

Porch, Enclosed Frame

Porch, Enclosed Masonry

180

Wood Deck

Special Features Description

Size/Area

Summary of Improvements Buildings

Grade

Condition

Construction Year

Eﬀective Year

Area

Single-family R 01

C+2

1919

1950

2,750

Single-Family R 01 Accommodations Bed Rooms

Finished Rooms

Plumbing Full Baths

Full Baths Fixtures

Half Baths

Half Baths Fixtures

Kitchen Sinks

Other Residential Dwelling Heat Type

Central Warm Air

Fireplaces

Attached Garages

Floors Floor

Construction

Base

Finished

Brick

1,570

1,180

1,570

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COUNTY PROPERTY I N FO R M AT I O N 2/22/23, 1:30 PM

Elevate

Overlay Report Overlay by Landuse and Soil PIN 18

59-11-01-201-014.001-012

Total Acreage

0.238

Total Adj. Acreage

0.000

Soil Type

Land Use Code

Land Type

GIS Acreage

Adj. Acreage

Cspb

Unknown

0.238

0.000

Overlay by Landuse PIN 18

59-11-01-201-014.001-012

Total Acreage

0.238

Total Adj. Acreage

0.000

Land Use Code

Land Type

GIS Acreage

Adj. Acreage

Unknown

0.238

0.000

Unk

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TITLE COMMITTMENT ALTA COMMITMENT FOR TITLE INSURANCE issued by CHICAGO TITLE INSURANCE COMPANY

NOTICE IMPORTANT - READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT. THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION, OPINION OF TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE COMPANY TO DETERMINE INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE PROPRIETARY TO THE COMPANY, WERE PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE NO EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUDING A PROPOSED INSURED. THE COMPANY’S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED IDENTIFIED IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE COMPANY HAS NO LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER PERSON. COMMITMENT TO ISSUE POLICY Subject to the Notice; Schedule B, Part I - Requirements; Schedule B, Part II - Exceptions; and the Commitment Conditions, Chicago Title Insurance Company, a Florida corporation (the "Company"), commits to issue the Policy according to the terms and provisions of this Commitment. This Commitment is effective as of the Commitment Date shown in Schedule A for each Policy described in Schedule A, only when the Company has entered in Schedule A both the specified dollar amount as the Proposed Amount of Insurance and the name of the Proposed Insured. If all of the Schedule B, Part I - Requirements have not been met within 180 days after the Commitment Date, this Commitment terminates and the Company’s liability and obligation end.

This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Chicago Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; and Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. 72C170B

ALTA Commitment for Title Insurance (7-1-21)

Copyright 2021 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. 55204

TITLE COMMITTMENT COMMITMENT CONDITIONS 1. DEFINITIONS a. "Discriminatory Covenant": Any covenant, condition, restriction, or limitation that is unenforceable under applicable law because it illegally discriminates against a class of individuals based on personal characteristics such as race, color, religion, sex, sexual orientation, gender identity, familial status, disability, national origin, or other legally protected class. b. "Knowledge" or "Known": Actual knowledge or actual notice, but not constructive notice imparted by the Public Records. c. "Land": The land described in Item 5 of Schedule A and improvements located on that land that by State law constitute real property. The term "Land" does not include any property beyond that described in Schedule A, nor any right, title, interest, estate, or easement in any abutting street, road, avenue, alley, lane, right-of-way, body of water, or waterway, but does not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy. d. "Mortgage": A mortgage, deed of trust, trust deed, security deed, or other real property security instrument, including one evidenced by electronic means authorized by law. e. "Policy": Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued by the Company pursuant to this Commitment. f. "Proposed Amount of Insurance": Each dollar amount specified in Schedule A as the Proposed Amount of Insurance of each Policy to be issued pursuant to this Commitment. g. "Proposed Insured": Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this Commitment. h. "Public Records": The recording or filing system established under State statutes in effect at the Commitment Date under which a document must be recorded or filed to impart constructive notice of matters relating to the Title to a purchaser for value without Knowledge. The term "Public Records" does not include any other recording or filing system, including any pertaining to environmental remediation or protection, planning, permitting, zoning, licensing, building, health, public safety, or national security matters. i. "State": The state or commonwealth of the United States within whose exterior boundaries the Land is located. The term "State" also includes the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and Guam. j. "Title": The estate or interest in the Land identified in Item 3 of Schedule A. 2. If all of the Schedule B, Part I-Requirements have not been met within the time period specified in the Commitment to Issue Policy, this Commitment terminates and the Company's liability and obligation end. 3. The Company's liability and obligation is limited by and this Commitment is not valid without: a. the Notice; b. the Commitment to Issue Policy; c. the Commitment Conditions; d. Schedule A; e. Schedule B, Part I-Requirements; and f. Schedule B, Part II-Exceptions; and g. a counter-signature by the Company or its issuing agent that may be in electronic form. 4. COMPANY'S RIGHT TO AMEND The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien, encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the Company is limited by Commitment Condition 5. The Company is not liable for any other amendment to this Commitment.

ALTA Commitment for Title Insurance (7-1-21)

TITLE COMMITTMENT 5. LIMITATIONS OF LIABILITY a. The Company's liability under Commitment Condition 4 is limited to the Proposed Insured's actual expense incurred in the interval between the Company's delivery to the Proposed Insured of the Commitment and the delivery of the amended Commitment, resulting from the Proposed Insured's good faith reliance to: i. comply with the Schedule B, Part I-Requirements; ii. eliminate, with the Company's written consent, any Schedule B, Part II-Exceptions; or iii. acquire the Title or create the Mortgage covered by this Commitment. b. The Company is not liable under Commitment Condition 5.a. if the Proposed Insured requested the amendment or had Knowledge of the matter and did not notify the Company about it in writing. c. The Company is only liable under Commitment Condition 4 if the Proposed Insured would not have incurred the expense had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured. d. The Company's liability does not exceed the lesser of the Proposed Insured's actual expense incurred in good faith and described in Commitment Condition 5.a. or the Proposed Amount of Insurance. e. The Company is not liable for the content of the Transaction Identification Data, if any. f. The Company is not obligated to issue the Policy referred to in this Commitment unless all of the Schedule B, Part I-Requirements have been met to the satisfaction of the Company. g. The Company's liability is further limited by the terms and provisions of the Policy to be issued to the Proposed Insured. 6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT; CHOICE OF LAW AND CHOICE OF FORUM a. Only a Proposed Insured identified in Schedule A, and no other person, may make a claim under this Commitment. b. Any claim must be based in contract under the State law of the State where the Land is located and is restricted to the terms and provisions of this Commitment. Any litigation or other proceeding brought by the Proposed Insured against the Company must be filed only in a State or federal court having jurisdiction. c. This Commitment, as last revised, is the exclusive and entire agreement between the parties with respect to the subject matter of this Commitment and supersedes all prior commitment negotiations, representations, and proposals of any kind, whether written or oral, express or implied, relating to the subject matter of this Commitment. d. The deletion or modification of any Schedule B, Part II-Exception does not constitute an agreement or obligation to provide coverage beyond the terms and provisions of this Commitment or the Policy. e. Any amendment or endorsement to this Commitment must be in writing and authenticated by a person authorized by the Company. f. When the Policy is issued, all liability and obligation under this Commitment will end and the Company's only liability will be under the Policy. 7. IF THIS COMMITMENT IS ISSUED BY AN ISSUING AGENT The issuing agent is the Company's agent only for the limited purpose of issuing title insurance commitments and policies. The issuing agent is not the Company's agent for closing, settlement, escrow, or any other purpose. 8. PRO-FORMA POLICY The Company may provide, at the request of a Proposed Insured, a pro-forma policy illustrating the coverage that the Company may provide. A pro-forma policy neither reflects the status of Title at the time that the pro-forma policy is delivered to a Proposed Insured, nor is it a commitment to insure.

ALTA Commitment for Title Insurance (7-1-21)

TITLE COMMITTMENT 9. CLAIMS PROCEDURES This Commitment incorporates by reference all Conditions for making a claim in the Policy to be issued to the Proposed Insured. Commitment Condition 9 does not modify the limitations of liability in Commitment Conditions 5 and 6. 10. CLASS ACTION ALL CLAIMS AND DISPUTES ARISING OUT OF OR RELATING TO THIS COMMITMENT, INCLUDING ANY SERVICE OR OTHER MATTER IN CONNECTION WITH ISSUING THIS COMMITMENT, ANY BREACH OF A COMMITMENT PROVISION, OR ANY OTHER CLAIM OR DISPUTE ARISING OUT OF OR RELATING TO THE TRANSACTION GIVING RISE TO THIS COMMITMENT, MUST BE BROUGHT IN AN INDIVIDUAL CAPACITY. NO PARTY MAY SERVE AS PLAINTIFF, CLASS MEMBER, OR PARTICIPANT IN ANY CLASS OR REPRESENTATIVE PROCEEDING. ANY POLICY ISSUED PURSUANT TO THIS COMMITMENT WILL CONTAIN A CLASS ACTION CONDITION. 11. ARBITRATION The Policy contains an arbitration clause. All arbitrable matters when the Proposed Amount of Insurance is $2,000,000 or less may be arbitrated at the election of either the Company or the Proposed Insured as the exclusive remedy of the parties. A Proposed Insured may review a copy of the arbitration rules at http://www.alta.org/arbitration.

ALTA Commitment for Title Insurance (7-1-21)

TITLE COMMITTMENT Transaction Identification Data, for which the Company assumes no liability as set forth in Commitment Condition 5.e.: Issuing Agent: Monroe County Land Title Co., Inc., dba TitlePlus! Issuing Office: 3679 S. Sare Road, Bloomington, IN 47401 Issuing Office's ALTA® Registry ID: 1012584 Loan ID No.: Commitment No.: 55204 Issuing Office File No.: 55204 Property Address: 28 LIBRARY ST, Paoli, IN 47454

SCHEDULE A 1.

Commitment Date: January 4, 2024 at 08:00 AM

2. Policy to be issued: a. ALTA Owners Policy (07-01-21) Proposed Insured: TBD Proposed Amount of Insurance: TBD The estate or interest to be insured: Fee Simple b. ALTA Loan Policy (07-01-21) Proposed Insured: , its successors and/or assigns as their respective interests may appear. Proposed Amount of Insurance: TBD The estate or interest to be insured: Fee Simple 3. The estate or interest in the Land at the Commitment Date is: Fee Simple. 4. The Title is, at the Commitment Date, vested in: JEFFREY A. LANE, of legal age 5. The Land is described as follows: SEE EXHIBIT "A" ATTACHED HERETO Monroe County Land Title Co., Inc., dba TitlePlus! Morris H. Erickson By: Morris H. Erickson, President

ALTA Commitment for Title Insurance (7-1-21)

TITLE COMMITTMENT SCHEDULE B, PART I - REQUIREMENTS All of the following Requirements must be met: 1.

The Proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions.

Pay the agreed amount for the estate or interest to be insured.

Pay the premiums, fees, and charges for the Policy to the Company.

Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records. TO BE DETERMINED INFORMATIONAL NOTES: Indiana Code 27-7-3.7-1 et seq. concerning Good Funds in real estate transactions requires funds deposited into an escrow account for closing from any party to the transaction in amounts over $10,000.00 to be in the form of an irrevocable wire transfer. Funds deposited into an escrow account for closing in an amount less than $10,000.00 must be in the form of cash, irrevocable wire transfer, cashier's check, certified check, check drawn on the escrow account of another closing agent or check drawn on the trust account of a real estate broker licensed under Indiana Code 25-34.1. Personal checks exceeding $500.00 will not be accepted. Indiana Code 27-7-3.6, requires that a fee of $5 to be collected from the purchaser of each policy issued in conjunction with a closing occurring on or after July 1, 2006. The fee should be designated as a TIEFF (Title Insurance Enforcement Fund Fee) charge. Senate Enrolled Act 370 (P.L. 80-2013), requires that title insurance companies charge a fee for closing protection letters in real estate transactions in which the title insurance company or its authorized agent acts as the settlement agent. In residential transactions, the closing protection letters are mandatory and must be issued to each party. In commercial transactions, closing protection letters are available upon request, but are not mandatory. NOTE: A Sales Disclosure must be filed in the office of the Auditor of Orange County, Indiana.

ALTA Commitment for Title Insurance (7-1-21)

TITLE COMMITTMENT

SCHEDULE B, PART II Exceptions

THIS COMMITMENT DOES NOT REPUBLISH ANY COVENANT, CONDITION, RESTRICTION, OR LIMITATION CONTAINED IN ANY DOCUMENT REFERRED TO IN THIS COMMITMENT TO THE EXTENT THAT THE SPECIFIC COVENANT, CONDITION, RESTRICTION, OR LIMITATION VIOLATES STATE OR FEDERAL LAW BASED ON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, HANDICAP, FAMILIAL STATUS, OR NATIONAL ORIGIN. The Policy will not insure against loss or damage resulting from the terms and provisions of any lease or easement identified in Schedule A, and will include the following Exceptions unless cleared to the satisfaction of the Company: 1.

Any defect, lien, encumbrance, adverse claim, or other matter that appears for the first time in the Public Records or is created, attaches, or is disclosed between the Commitment Date and the date on which all of the Schedule B, Part I-Requirements are met.

Rights or claims of parties in possession not shown by the public records.

Easements, or claims of easements, not shown by the public records.

Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the title that would be disclosed by an accurate and complete land survey of the land.

Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not shown by the public records.

Taxes or special assessments which are not shown as existing liens by the public records.

Minerals or mineral rights or any other subsurface substances (Including, without limitation, oil, gas and coal), and all rights incident thereto, now or previously leased, granted, excepted or reserved.

[

8. [

Any matters shown in or resulting from a Clandestine Laboratory Report or similar report issued by the County Health Department or Indiana State Health Department.

[

SPECIFIC EXCEPTIONS:

Schedule B, Part II

TITLE COMMITTMENT SCHEDULE B, PART II (Continued)

Taxes for 2022, due and payable in 2023, are as follows: Tax Parcel No. 59-11-01-201-014.001-012 Auditor's Parcel No. 012-013-067-000 Assessed in the name of: Lane, Jeffrey A. Legal Description: Town of Paoli Pt 14 Township: Paoli Town May Installment: Nov. Installment:

$700.72 $700.72 -

paid paid

Delinquencies and Penalties: none

[

Valuation: Land $8,600. Improvements - $140,100. Exemptions - $48,000. Supple Homestead $36,295. Net $64,405.

10. [

Taxes for 2023, due and payable in 2024.

[

11.

Taxes for 2024, due and payable in 2025.

12.

Real estate taxes and assessments for subsequent years, not yet due and payable.

13.

Minerals of whatsoever kind, subsurface and surface substances, including but not limited to coal, lignite, oil, gas, uranium, clay, rock, sand and gravel in, on, under and that may be produced from the Land, together with all rights, privileges, and immunities relating thereto, whether or not appearing in the Public Records or listed in Schedule B. The Company makes no representation as to the present ownership of any such interests. There may be leases, grants, exceptions or reservations of interests that are not listed.

[

14.

[

15. [

16. [

All covenants, conditions, restrictions, easements, and encumbrances, if any, as shown by the plat of Original Town of Paoli, recorded in the office of the Recorder of Orange County, Indiana. NOTE: This exception omits any covenant, condition, or restriction based on race, color, religion, sex, handicap, familial status or national origin as provided in 42 U.S.C. §3604, unless and only to the extent that the covenant (a) is not in violation of state or federal law, (b) is exempt under 42 U.S.C. §3607, or (c) relates to a handicap, but does not discriminate against handicapped people. Easement in favor of Indiana Natural Gas Corporation recorded in Miscellaneous Book 19, page 528, in the office of the Recorder of Orange County, Indiana. All matters on the survey prepared by James R. Oakley, Indiana Registered Land Surveyor No. LS20600018, dated July 31, 2009, recorded June 3, 2010, as Instrument Number 101378, in the office of the Recorder of Orange County, Indiana.

Schedule B, Part II

TITLE COMMITTMENT SCHEDULE B, PART II (Continued)

17. [

18.

[

19.

An encroachment of a fence of the north property line as shown on the survey prepared by James R. Oakley, Indiana Registered Land Surveyor No. LS20600018, dated July 31, 2009, recorded June 3, 2010, as Instrument Number 101378, in the office of the Recorder of Orange County, Indiana. An apparent encroachment of the adjoiners building over the west property line as shown on the survey prepared by James R. Oakley, Indiana Registered Land Surveyor No. LS20600018, dated July 31, 2009, recorded June 3, 2010, as Instrument Number 101378, in the office of the Recorder of Orange County, Indiana.

[

A certain real estate mortgage executed by Jeffrey A. Lane, in favor of Springs Valley Bank & Trust Company, in the original principal amount of $113,600.00, dated March 11, 2021, and recorded March 19, 2021, as Instrument No. 20211003, in the Office of the Recorder of Orange County, Indiana.

[

INFORMATIONAL NOTES:

[

NOTE: We have made a judgment and lien search against JEFFREY A. LANE, and find none.

Schedule B, Part II

TITLE COMMITTMENT EXHIBIT A The Land is described as follows: A part of Lot Number Fourteen (14) in the Original Town of Paoli, described as follows, to-wit: Beginning at the northwest corner of said lot, running thence east seventy (70) feet, thence south one hundred fifty (150) feet, thence west seventy (70) feet, thence north one hundred fifty (150) feet to the place of beginning. EXCEPT three (3) feet of equal width off the south end of said Lot Number Fourteen (14) which was conveyed to the Town of Paoli, for street purposes. Said real estate being surveyed by James R. Oakley, Indiana Registered Land Surveyor No. LS20600018, dated July 31, 2009, recorded June 3, 2010, as Instrument Number 101378, in the office of the Recorder of Orange County, Indiana, and more particularly described as follows: A part of Lot 14 of the Original Town of Paoli described as follows: Commencing at a PK nail marking the northeast corner of Lot 13 of the Original Town of Paoli; thence North 88 degrees 53 minutes 36 seconds West, with the north lines of Lots 13 and 14, a distance of 78.67 feet to a 5/8 inch rebar with plastic cap stamped "Oakley LS 20600048", hereafter refered to as an Oakley rebar, and the Point of Beginning; thence South 01 degree 25 minutes 17 seconds West, parallel with the east line of Lot 14, a distance of 146.94 feet to the north line of Library Street; thence North 88 degrees 52 minutes 14 seconds West, parallel with the south line of said Lot 14, a distance of 70.04 feet to a drill hole in concrete, passing over a Mag Spike at 65.09 feet, to the southwest corner of sid Lot 14; thence North 01 degree 33 minutes 56 seconds East, with the west line of said Lot 14, a dsitance of 146.94 feet to an Oakley rebar marking the northwest corner of said Lot 14; thence South 88 degrees 52 minutes 14 seconds East, with the north line of said Lot 14, a distance of 69.67 feet to the point of beginning. Containing 0.23 of an acre, more or less.

72C170B

ALTA Commitment for Title Insurance (7-1-21) 55204

TITLE COMMITTMENT CHICAGO TITLE INSURANCE COMPANY and MONROE COUNTY LAND TITLE CO., INC., DBA TITLEPLUS! 3679 S. Sare Road Bloomington, IN 47401 PRIVACY POLICY NOTICE Title V of the Gramm-Leach-Bliley Act ("GLBA") generally prohibits any financial institution, directly or through its affiliates, from sharing nonpublic personal information (“NPPI”) about you with a nonaffiliated third party unless the institution provides you with a notice of its privacy policies and practices, such as the type of information that it collects about you and the categories of persons or entities to whom it may be disclosed. According to Section 225.86 of Title 12 of the Code of Federal Regulations, title companies and title agencies fall within the definition of “financial institutions”. NPPI means “personally identifiable financial information. In compliance with the GLBA, we are providing you with this document, which notifies you of the privacy policies and practices of Chicago Title Insurance Company and Monroe County Land Title Co., Inc., dba TitlePlus!. We may collect nonpublic personal information about you from the following sources: a. Information we receive about you such as on applications, other forms, or through other sources. b. Information about your transactions we secure from our files, or from our affiliates or others. c.

Information we receive from a consumer reporting agency.

d. Information we receive from others involved in your transaction, such as a real estate agent or lender. Unless it is specifically stated otherwise in an amended Privacy Policy Notice, no additional nonpublic personal information will be collected about you. We may disclose any of the above information that we collect about our customers or former customers to our affiliates or to nonaffiliated third parties as permitted by law. Also, we may disclose this information about our customers or former customers to nonaffiliated companies that perform services on our behalf. WE DO NOT DISCLOSE ANY NONPUBLIC PERSONAL INFORMATION ABOUT YOU WITH ANYONE FOR ANY PURPOSE THAT IS NOT SPECIFICALLY PERMITTED BY LAW. We restrict access to NPPI about you to those employees who need to know that information in order to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your NPPI.

55204

TITLE COMMITTMENT Fidelity National Financial Group of Companies' Privacy Statement July 1, 2001 We recognize and respect the privacy expectations of today's consumers and the requirements of applicable federal and state privacy laws. We believe that making you aware of how we use your non-public personal information ("Personal Information"), and to whom it is disclosed, will form the basis for a relationship of trust between us and the public that we serve. This Privacy Statement provides that explanation. We reserve the right to change this Privacy Statement from time to time consistent with applicable privacy laws. In the course of our business, we may collect Personal Information about you from the following sources:      

From applications or other forms we receive from you or your authorized representative; From your transactions with, or from the services being performed by us, our affiliates, or others; From our internet web sites; From the public records maintained by governmental entities that we either obtain directly from those entities, or from our affiliates or others; and From consumer or other reporting agencies.

Our Policies Regarding the Protection of the Confidentiality and Security of Your Personal Information We maintain physical, electronic and procedural safeguards to protect your Personal Information from unauthorized access or intrusion. We limit access to the Personal Information only to those employees who need such access in connection with providing products or services to you or for other legitimate business purposes. Our Policies and Practices Regarding the Sharing of Your Personal Information We may share your Personal Information with our affiliates, such as insurance companies, agents, and other real estate settlement service providers. We also may disclose your Personal Information:    

to agents, brokers or representatives to provide you with services you have requested; to third-party contractors or service providers who provide services or perform marketing or other functions on our behalf; and to others with whom we enter into joint marketing agreements for products or services that we believe you may find of interest.

In addition, we will disclose your Personal Information when you direct or give us permission, when we are required by law to do so, or when we suspect fraudulent or criminal activities. We also may disclose your Personal Information when otherwise permitted by applicable privacy laws such as, for example, when disclosure is needed to enforce our rights arising out of any agreement, transaction or relationship with you. One of the important responsibilities of some of our affiliated companies is to record documents in the public domain. Such documents may contain your Personal Information. Right to Access Your Personal Information and Ability To Correct Errors Or Request Changes Or Deletion Certain states afford you the right to access your Personal Information and, under certain circumstances, to find out to whom your Personal Information has been disclosed. Also, certain states afford you the right to request correction, amendment or deletion of your Personal Information. We reserve the right, where permitted by law, to charge a reasonable fee to cover the costs incurred in responding to such requests. All requests must be made in writing to the following address: Privacy Compliance Officer Fidelity National Financial, Inc. 601 Riverside Drive Jacksonville, FL 32204 Multiple Products or Services If we provide you with more than one financial product or service, you may receive more than one privacy notice from us. We apologize for any inconvenience this may cause you.

Privacy Statement

55204

PURCHASE CONTRACT SAMPLE

REAL ESTATE AUCTION PURCHASE CONTRACT This Contract of sale made and entered this 13th

day of

Jeffrey A. Lane

February 2024, by and between hereinafter called the Seller(s) and hereinafter called the Buyer(s):

The Buyer hereby agrees to purchase, the Seller hereby agrees to sell this property in “As is” condition (except conditions stated in statement of sale and Terms & Conditions) Located at and commonly known as: 28 Library St. Paoli, IN 47454 in the City of Paoli, County of Orange, and State of Indiana. •

Legally described as: Town of Paoli PT 14

Buyer herewith agrees to deposit with Title Plus, 328 S. Walnut Street, Suite 3, Bloomington, IN., $ 5,000.00 dollars, as non-refundable earnest money deposit, and the balance of the purchase price will be due on delivery of clear title. Seller(s) agrees to furnish a Warranty Deed with insurable title. Free from all encumbrances, and an Owners Title Insurance Policy at closing. If the seller is unable to convey clear and marketable title the buyer’s down payment can be refunded. Seller will furnish the buyer with an Owners Policy of Title Insurance at closing. Real Estate Taxes: Will be pro-rated to date of closing. Closing shall take place on or before February 29, 2024 office of Title Plus, 328 S. Walnut Street, Suite 3, Bloomington, IN The buyer will pay the closing fee. Possession is to be given day of final closing.

and shall take place at the

Buyer agrees to pay all cost of obtaining a loan to include preparing and recording Deed & note, Title Opinion if desired. Title is to be conveyed subject to all restrictions, easement and covenants of record, subject to zoning ordinance or laws of any governmental authority. These premises are to be in the same condition as they are as of the date of this contract, ordinary wear and tear excepted. Seller is expected to bear risk of loss through the date of deed. In the event the premises are wholly or partially destroyed before the consummation of the transaction or delivery of the final papers, the Buyer shall elect or choose whether or not he will go through with the transactions, and in the event he chooses to go through with it, all insurance damages collectible as a result of the damage or destruction shall be assigned to him, the Buyer. If he chooses not to go through with the transaction, any earnest money held in escrow will be refunded in full. Time being of the essence of this agreement, if the Buyer shall fail or refuse to perform this agreement of Buyer’s part, and the Seller shall be ready and willing to perform, the Seller shall be entitled to retain the entire down payment / earnest money as liquidated damages for the breach of this agreement. 4228 State Road 54 W., Springville, IN 47462 (812) 822-3200 UnitedCountryIN.com

PURCHASE CONTRACT SAMPLE “All successful bidders will be required to sign a note for the deposit amount. Note shall become null and void when undersigned shall complete all requirements for closing as set out in this contract.”

Per the terms & conditions as contained herein and announced in “statement of sale”, the property sells as shown below. This contract is subject to clearance of any check presented to and payable to: Title Plus. High Bid Selling Price

.00

Plus 11% Buyer’s Premium $

.00

Less Down Payment

Total Purchase Price $

.00

Total Due at Closing $

.00

$ 5,000.00

This offer will expire if not accepted on or before: February 14, 2024 at 6:00pm Purchased By: Date

Buyer Printed Buyer Address:

Phone City

State

Zip

State

Zip

Phone City Date

Buyer’s Agent Printed Agent Address:

Zip

Date

Buyer Printed Buyer Address:

State

Phone City

Names for Deed: Accepted By: Seller

Date

Jeffrey A. Lane

Time:

Printed Seller

Date

Printed

4228 State Road 54 W., Springville, IN 47462 (812) 822-3200 UnitedCountryIN.com

PURCHASE CONTRACT SAMPLE PROMISSORY NOTE 28 Library Street Paoli Township, Orange County, Paoli, IN 47454

$5,000.00

February 13, 2024

Amount

Date

FOR VALUE RECEIVED, the undersigned promises to pay by wire transfer to the Order of:

Title Plus 328 S. Walnut Street, Suite 3 Bloomington, IN

The Sum of Five thousand dollars------------------- ($5,000.00 ), as a deposit for the purchase of real estate described in Contract of even date herewith and attached hereto executed the undersigned, payable at the closing of said Contract. This promissory note shall bear no interest until the date of closing of the Contract; thereafter it shall bear interest at the highest rate allowable by law. This Note shall become null and void if and when the undersigned shall complete all requirements for closing as set out in the attached Contract. If said requirements are not fulfilled this Note shall be fully enforceable at law. If this Note is placed in the hands of an attorney for collection, by suite or otherwise, the undersigned agree to pay all costs of collection and litigation together with a reasonable attorney’s fee.

Signature

February 13, 2024 Date

4228 State Road 54 W., Springville, IN 47462 (812) 822-3200 UnitedCountryIN.com

BID CERTIFICATION DOCUMENT Internal Office Use Received Date

Time

Approved By

BID CERTIFICATION I acknowledge this is a confirmation auction and that my offer will be subject to the Seller’s (Personal Representatives) approval. By signing this certification and returning it to the offices of United Country – Coffey Realty & Auction, or an employee therein. I hereby certify that: 1. 2.

I acknowledge that I have received a complete PIP (Property Information Packet). I have read the auction rules and bidding format as set out by the Auctioneers and contained in the PIP and I completely understand them. 3. I understand that the terms and rules of the auction will be strictly enforced and that there will be no exceptions. 4. I currently have sufficient funds to meet the “Deposit” and “Further sum” requirements as called for by the agreement of purchase and sale. 5. I have examined the proposed agreement of purchase and sale given to me as part of the PIP and understand that it is a legally binding contract and is not contingent upon financing or anything else. 6. I understand that if I am the successful bidder, I will be required to sign the agreement of purchase and sale immediately upon notice of being the successful bidder. I agree to complete and sign the agreement of purchase and sale immediately upon such transmitted notice. 7. I understand that an 11% Buyers Premium will be added to my final bid and is due in addition to my final bid to complete the final purchase price. 8. I understand that the Auctioneers are working for the Seller and there is no relationship of dual agency. 9. I understand that my registration for the auction will not be accepted without providing ALL of the information below and signing and returning a copy of the Terms & Conditions of this auction and by doing so you are agreeing to the terms of the auction. 10. I understand that I am responsible for the down payment and that my credit card below will be charged for the deposit if the wire transfer is not received by the time stated on the terms and conditions of the auction.

Property Address:

28 Library St. Paoli, IN 47454

Printed Name: Bidder Address: Phone: Email Address: Signature:

Return to: 434 South Walnut Street, Bloomington, IN 47401 Phone: (812) 822-3200 E-mail: jcoffey@UnitedCountryIN.com cc: pcoffey@UnitedCountryIN.com