Online Real Estate Auction
Property Known As:
Tri-State Crawlers Services, Inc.
608 David Lane, Sikeston MO
6.5 +/- Acres
15,000+ SF Under Roof

Auction Terms & Conditions: The Auction Terms & Conditions will bind Bidders and their agents, assigns, attorneys, beneficiaries, brokers directors, distributes, employees, executors, heirs, legatees, officers, representatives, shareholders, and successors in interest. No deletion, modifications, supplement, or waiver of any provision of the Auction Terms & Conditions will be made, except by Auctioneer's written revision or announcement at the Auction.

Contact: Justin Swiney
United Country Real Estate - On-Point Properties & Auction
2905 E. Jackson Blvd. Suite B
Jackson, MO 63755
573-290-2050
www.uconpoint.com
sales@uconpoint.com

This Is An Online Only Auction: To register for this Auction, go to www.uconpoint.com. Click on the UPCOMING AUCTIONS tab. Our United Country Real Estate - On-Point Properties & Auction auction website, will have Login/New Bidder tab in the auction section & on top of the page and a How to Register tab on the top of the page. Please review the registration guide if needed. Follow the prompts to log-in or for a new bidder in the Login/New Bidder menu. If you need help registering and bidding, please consult someone with computer knowledge and bidding experience. Feel free to call us if you cannot register for this auction.

Agency Disclosure: Auctioneer is acting exclusively as seller's agent.

Registration & Bidding: Registration can begin prior to the beginning of auction. By registering, bidder acknowledges they have read the Auction Terms & Conditions and that they have access to the Agreement For Purchase and Sale of Real Estate contract. Bidder unconditionally and irrevocably agrees to be bound by both.

Auction Bidding Begins: November 1, 2020 @ 9 a.m. CT
Auction Bidding Ends: November 30, 2020 @ 3 p.m. CT.

Your Bidding Is Not Conditional Upon Financing: When registering for the Auction, it will be assumed that all bidders have availability of funds or have pre-approved financing for potential winning bid.

Auction Bidding Is Conducted With A Soft Close: Any bid placed inside 10 minutes of bidding end time will extend the auction bidding another 10 minutes. This will continue until there are no more bids.

Viewing & Inspection of property: Viewing and inspection of property is by appointment only. Contact Justin Swiney for to schedule appointment. 573-576-1695

Sales Contract: The Agreement For Purchase and Sale of Real Estate contract is included in the Auction Bidder Packet that registered bidders will receive. Bidder should carefully read and understand the sale contract before bidding in the Auction, the terms of the sale contract is not negotiable. This is a CASH SALE and not contingent upon any matter, including buyer obtaining financing. The sale contract will exclusively govern the Parties' rights, responsibilities, and remedies with respect to any sale of the property and all related matters.

Auction Terms & Conditions are not negotiable.

Property Being Auctioned Has A Reserve: Sale of real estate is subject to confirmation of the Seller. In the event the property sells at Auction, Seller & Buyer shall enter into a real estate contract providing for payment of final contract price, conveyance of the property, with closing date, pro-rated property taxes, and an equal split of closing costs.

Bidding Is for real estate / building only: MO / APN: 18-5.0-22.00-000-000-002.00
Some tangible equipment / parts / office equipment / paper manuals may be onsite during property inspection, when auction opens and closes. These items are not part of this real estate sale. All personal property will be removed by closing date.

Buyer's Premium: An 8 percent (8%) buyer's premium will be added to the winning high bid price to arrive at the Final Contract Price for the property, to be paid by the purchaser. The Buyer's Premium proceed is used as follows:
1. High bid price x 8% = Buyer's Premium
2. One Hundred Percent (100%) of the buyer's premium will be paid to the Auctioneer as commission.
3. In the event the successful buyer is represented by a licensed buyer's agent broker will pay the buyer's agent 3 percent (3%) of the high bid amount as buyer's broker/agent compensation / referral fee. Buyer's agent must be disclosed at time of registration for auction by email to sales@uconpoint.com with subject of attention Justin Swiney online auction. A copy of the executed Buyer's Agency Contract must be sent for documentation. Contract must be dated on or before buyer registration date for auction.

Final Contract Price: High Bid (reserve governing) + Buyer's Premium = FINAL Contract Price

Sales Contract Execution: Sales contract for purchase to be signed and executed no later than Day After Close of Auction December 1, 2020 10am CT (if sold).

Escrow / Down Payment: The purchaser at Auction will purchase the property on the following terms:
1. 10 percent (10%) down payment of High Bid price is due when declared winning bid on Auction Day, balance shall be due at Closing.
2. Buyer's Premium is due when declared winning bid on Auction Day. (High bid price x 8% = Buyer's Premium)
3. Items 1 & 2 must be paid in full with personal check, business check, cashier's check, or wire transfer made payable to United Land Title and delivered to United Land Title by 12 pm (noon) CT Day After Auction closes December 1, 2020 (if sold). United Land Title will hold funds in escrow until closing.
4. United Land Title case info for payment: Case #2009119 Property 68 David Lane, Sikeston MO.
5. United Land Title addresses / phone numbers:
1210 Greenway Drive, Jackson, MO 63755 573-204-8088
2911 Breckenridge Drive, Cape Girardeau, MO 63701 573-339-5700
5 S. Jackson Street, Perryville, MO 63775 573-605-1244

Facsimile or electronic signatures shall be valid as an original.

Possession: Possession will be given upon successful close of sale.

Tenant: Currently there are no tenants.

Closing: Closing shall occur within 30 days (December 31, 2020) of executed sale contract or as soon thereafter as applicable closing documents are completed.

Title: Seller shall furnish the buyer at seller's expense title commitment and a proper deed conveying merchantable title of the real estate to the buyer.

Taxes: All taxes shall be prorated to closing date.

Seller: Tri-State Crawler Services, Inc.

Personal Property: All Personal Property will be removed by seller before closing.

Buyer Due Diligence: Seller, Auctioneer, Realtor(s), and/or Broker(s) do not attempt to provide Bidder with all of the information Bidder may need to make an informed decision about the Auction and Property. Bidder should obtain professional advice, inspect, and conduct due diligence on the Property, any occupancy of it, title, zoning, surrounding area, all information provided by Seller or Auctioneer, public records, Terms of Auction, Sale Contract, transaction contemplated, and all circumstances, defects, facts, issues, problems, and other relevant matter (collectively "Property Issues"). All information provided by Auctioneer came from Seller and Public Record and is believed to be accurate, but neither Seller nor Auctioneer guarantees, represents, or warrants its accuracy or completeness and Bidder should not rely upon it without independent inspection and verification from sources Bidder knows to be reliable. Bidder has either performed all inspections and other due diligence that it deems necessary in advance of bidding in the Auction or bidder understands and fully accepts the risk of not having done so. No Property will be open for inspection after the close of the Auction and through the time of closing the sale. Seller and Auctioneer, Realtor(s), and / or Broker(s) are not required to updated any information provided or published and will have no liability whatsoever for failing to do so.

Disclaimers: Participation in the Auction is at Bidder's sole risk. Seller, Auctioneer, Broker plus their agents contractors, directors, employees, members officers, and representatives will have no liability what so every. To the fullest extent allowed by law, Seller and Auction unconditionally disclaim any guarantee, representation or warranty of every kind whether expressed, implied or statutory whether oral or written, whether past present, or future, with respect to all property issues, except as expressly provided in the Auction Terms & Conditions and the sale contract. All announcements made sale day take precedence over prior advertising either written or oral. All advertising and supplied information is believed to be accurate: however, this is no liability for its accuracy. Errors or omissions are assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers shall verify all information and inspections to their satisfaction. No contingencies. Land Measurements are per Scott County Mo Assessor's calculated acreages.

Real estate is being sold, "As Is, Where Is, and Subject To All Faults."

Copy Right For Auction: The Auction is the exclusive intellectual property of Auctioneer, covered by copyright protection, and may not be recorded, reproduced, or used in any form by anyone other than Auctioneer.

Release For Use: Bidders, Buyers, and other persons present at the Auction (collectively "Attendees") are advised that Auctioneer and its agents, contractors, employees, and/or representatives may record the Auction related matter and Attendees through audiotape, photography, motion pictures, and/or videotape for advertising, marketing, promotion, publicity, record, and/or trade purposes, and in consideration of being allowed to attend the Auction, Attendees unconditionally and irrevocably agree that their images and voices may be so recorded and used by Auctioneer in all types of media without territorial, time, or use limitation, and without compensation being owed or paid to Attendees by Auctioneer or Seller.

Tri-State Crawlers Services Inc, is an independently owned heavy equipment service provider. It is located in Sikeston MO with mobile services that covered Missouri, Illinois, and Arkansas. This industrial/manufacturing facility has over 15,000 SF and is situated on 6.5-acres inside the city limits of Miner, MO. The building is both heavy steel frame and wood construction and is serviced by two business office areas. The building has been constructed at various times with the last addition of 10,200 SF added in 1997. The shop/manufacturing areas have ceiling heights ranging from 14' to 16', parts storage areas, multiple overhead doors, two 5-ton Tram-Beam hoists, air compressors, compressed air piped throughout, reclaimed oil heater and 3-phase and single phase electric. The site has roughly 200' of frontage along David Lane with over 4.5 acres at the rear of the site suitable for storing inventory, equipment or future development. The site is zoned for commercial uses. The remaining inventory and equipment will be sold at another online auction and live auction. THIS OFFERING IS FOR REAL ESTATE ONLY.