256+/- Acres Fronting Bear Creek & Green River

Description

Woods, waterfront, bottomland and upland…and all of it lying at the end of a quiet country lane.  There’s not much more you can ask for in a large tract of land like this one!  And there’s no doubt the availability of land with all of these amenities has become a rarity.  If creating a wildlife sanctuary for hunting and recreation, expanding your farming operation or even a mixture of both have been in your plans, take our advice, look this one over and be here on October 3^rd.  See you sale day!

Terms

MASTER COMMISSIONER SALE

BY VIRTUE OF A DECREE AND ORDER OF SALE OF THE BUTLER CIRCUIT COURT, the Master Commissioner will sell at public auction the real property in the following action on Friday, October 3rd, 2014 about the hour of 1:00 p.m. CST, “Onsite” at Lock #5 Road, 1.25 miles east of Highway 185 in the Reedyville Community of Butler County, KY. Said property shall be sold to collect the amounts hereinafter set forth, together with interest and the costs of the action, and upon the following terms and conditions (unless otherwise stated).

A. The successful purchaser may pay the purchase price in full on the date of sale OR the successful purchaser will be required to pay 10% down on the date of sale with the balance of the purchase price plus interest on said balance at the rate of 12% per annum from the date of sale until paid to be paid within 30 days of the date of sale. If the successful purchaser does not pay the purchase price in full on the day of sale, the purchaser shall execute a bond with an approved surety bearing interest at the rate of 12% per annum from the date of sale until paid which bond shall have the force and effect of a judgment. The Commissioner shall retain a lien upon the property sold as additional security. All bidders must be prepared to comply promptly with these terms.  Contact the Master Commissioner’s office at (270) 526-2424 for any questions regarding the required bond and surety.     B. The property is sold subject to the following: (a) State, County, City and School taxes payable for the entire year of 2014 and all taxes due thereafter. The Master Commissioner will make a good faith effort to obtain and pay all taxes or assessments upon the property for prior years; however, this cannot be guaranteed. (b) Easement, restrictions, and covenants of record. (c) Any facts which an inspection or accurate survey of the property may disclose. (d) Any assessments for public improvements levied against the property. (e) Any applicable zoning regulations.     C. The property shall otherwise be sold free and clear of any and all right, title and interest of all parties to the action and their liens and encumbrances thereon.     D. For a more particular description of these properties, reference is made to the file on record at the Butler Circuit Clerk’s Office on the second floor of the Butler County Courthouse.     E. You assume risk of loss of the property the day of the sale. Therefore, you should secure property and casualty insurance to protect your interest.     F. The Master Commissioner does not have access to this property listed below and therefore makes no representation or warranty of any kind as to the conditions of this property.     G. This property is being sold “as-is” with complete inspection encouraged.  All information gathered for this advertised auction is from reliable public sources and is deemed correct, however it is not guaranteed by brokers and auctioneers conducting the sale.

SALE #1 - LEON TARTER vs. DOLLIE M. MINTON, pending in Butler Circuit Court, Action #14-CI-00037, to collect $327,041.10 together with interest accruing at the rate of7.00 percent per annum from and after February 3, 2014, until entry of judgment, and with interest accruing at the rate of 7. 00 percent per annum upon the judgment amount from entry until paid AND for costs herein expended and reasonable attorney fees.

256± Acres – Lock #5 Road, Butler County, Kentucky

Being the same property conveyed to W. B. Minton and wife, Dollie M. Minton, by Deed from Green River Cattle Company, a Kentucky corporation, dated May 29, 1984, of record in Deed Book 111, Page 136 in the office of the Butler County Clerk. Following the death of W. B. Minton on December 10, 2002, Dollie M. Minton became the sole owner of the subject property by virtue of the survivorship clause in said Deed.

Hon. Lindsay H. Hinton, Attorney for the Plaintiff

Randall L. Short, Butler County Master Commissioner