AUCTION
Wednesday, May 17, 2006 at 6:00 P.M.
Location: 1601 Millington, Winfield, KS
Seller: J. R. Morgan

GENERAL DESCRIPTION: This is an older 2 story, frame home with 1 bedroom and 1 full bath on the main level and 2 bedrooms and a full bath on the upper level. There is also a sun room on the upper level that could be used as a fourth bedroom. The home has central heat & air conditioning, washer & dryer hook ups, privacy fenced back yard, frame shop or storage building and carport. The property is situated on a large corner lot with mature trees and is located near the downtown area.

TAXES: $1408.72 (2005)

LEGAL DESCRIPTION: Lot 18 & North 10 feet of Lot 17, Block 136, Menor's Addition to the City of Winfield, Kansas.. Lot size 60' x 140'

SURVEY: Any survey will be Buyer's resposnibility and at Buyers espense.

TERMITE INSPECTION: A termite inspection will be completed prior to date of auction, A copy of this inspection will be attached to purchase contract.

TERMS: $2,000.00 earnest money deposit at time of auction, balance in full at closing, on or before June 16, 2006. Barbour Title Co. will issue a policy of title insurance and act as closing agent. Cost of title insurance & closing will be shared equally between buyer & seller. NOTE: Seller will carrying a contract for deed to a quailified Buyer. Any Buyer interested Seller finance will need to be approved by Seller prior to bidding at auction.

PROPERTY CONDITION REPORT: Every effort has been made by the Seller and Auctioneer to disclose any and all known defects, however this property is being sold "as is, where is" without warranty, either expressed or implied. The purchaser has had ample opportunity to inspect the property prior to bidding at the auction and accepts the property in its present condition. A LEAD BASED PAINT ADDENDUM IS ATTACHED TO THIS CONTRACT FOR HOMES BUILT PRIOR TO 1978.

AGENCY DISCLOSURE: Auctioneer and his agents will be acting as an "Agent of the Seller".

Statements made at auction take precedence over all previous advertising.
NOT RESPONSIBLE FOR ACCIDENTS or THEFT
DEFORE AUCTION & REALTY

Dan C. Defore
620-221-6465
Corner of Hwy 77 & 33rd Ave., Winfield, KS
(800) 346-6465
Dan. A. Defore
620-222-8515