| REAL ESTATE MOBILE HOME PARK 10 ACRE MOBILE HOME PARK IN RURAL LECENTER, MN, GREAT REVENUE BECAUSE OF HEALTH PROBLEMS MR. FENNELL SHALL SELL HIS MOBILE HOME PARK AT PUBLIC AUCTION LOCATION: 25845-376TH STREET LECENTER, MN 56057 SAT. NOVEMBER 21, 2009 10:00 AM RR LECENTER, MN ** GREAT REVENUE ** GREAT CASH FLOW ** 10 ACRE MOBILE HOME PARK LOCATED IN SECTION 24 OF SHARON TOWNSHIP LECENTER, MN ANNUAL REVENUE $39,000+ ** PHYSICAL ADDRESS: 25845-376TH STREET LECENTER, MN ** LEGAL: N1 OF N ½ OF NE ¼ OF SW ¼ SECTION 24 SHARON TOWNSHIP LESUEUR CO. MN P.ID R11 024.7500 ** AREA: 10 ACRES ** MOBILE HOME PARK LICENSE: 57031 ** CURRENT UNITS: 10 (ROOM TO EXPAND TO 17 UNITS) ** 2009 REAL ESTATE TAXES: $1,848.00 ** ANNUAL INCOME: APPROX. $39,000 PLUS ** 6'' CASED 309' WELL ** 5 CONFORMING MOUND SEPTIC SYSTEM ** SHOP FOR STORAGE OF LAWN EQUIPMENT, TOOLS, ETC. SELLERS NOTE: THIS WILL MAKE A GREAT INVESTMENT FOR THE NEW OWNER AS THE OWNER HAS RESPONSIBILITY OF MOWING THE COMMONS AREA AND PLOWING SNOW, AND MAINTAINING WELL AND SEPTIC SYSTEMS WHICH ARE ALL IN GREAT CONDITION. “IF IT WASN'T FOR MY HEALTH PROBLEMS, I WOULDN'T BE SELLING THIS PROPERTY." TERMS: $10,000 DOWN THE DAY OF THE AUCTION (WHICH IS NON-REFUNDABLE IF BUYER FAILS TO CLOSE) THE BALANCE IS DUE AND PAYABLE IN FULL TO THE SELLERS ON OR BEFORE DECEMBER 21, 2009 AT WHICH TIME THE BUYER SHALL RECIEVE CLEAR AND MARKETABLE TITLE AND POSSESSION. BUYER SHALL RECEIVE ALL REVENUE FROM PROPERTY DUE JANUARY 1, 2010 AND THERE AFTER. SELLER SHALL PAY ALL TAXES DUE IN 2009. SAID PROPERTY IS SELLING AS-IS WHERE-IS, NO CONTINGENCY WHAT SO EVER. ALL BIDDER/BUYER SHOULD INSPECT SAID PROPERTY AND RELY ON THEIR OWN JUDGEMENT. A 5% BUYERS FEE APPLIES TO THIS REALESTATE AUCTION. THIS 5% SHALL BE ADDED ABOVE AND BEYOND THE FINAL BID PRICE TO EQUAL THE FULL PURCHASE CONTRACT PRICE. JASON P. HOFFMAN: ATTORNEY FOR SELLER 1-507-663-1241 COUNTRY MOBILE HOME PARK JEROME A. FENNELL, OWNER MATT MARING AUCTION CO. INC., KENYON, MN 55946 MATT MARING, LIC. 25-28 KEVIN MARING, LIC. 25-70 1-800-801-4502 OFFICE 1-507-789-5421 OFFICE 1-507-951-8354 CELL CHARLIE SINNWELL, LIC. 20-01 | 
