ABSOLUTE LIVE TUSCARAWUS COUNTY

LAND AND OIL & GAS RIGHTS AUCTION

160+/- ACRES – 2 SURFACE TRACTS – 2 OIL AND GAS RIGHTS TRACTS – WOODED ACREAGE – MARKETABLE TIMBER – RECREATIONAL PROPERTY – TRAILS – ROAD FRONTAGE – GOSHEN AND UNION TOWNSHIPS – TUSCARAWUS COUNTY – OHIO – OPPORTUNITY KNOCKS!!!

SATURDAY, OCTOBER 17^TH STARTING @ 11:00 A.M.

-AUCTION HELD @ MIDVALE PARK PAVILION – 4889 WALTZ DRIVE – MIDVALE, OHIO 44653

PROPERTY LOCATION: 40.4463, -81.3363 

APPROX. ADDRESS: 1634 SE MIDVALE MINE RD. – DENNISON, OHIO 44621

Opportunity knocks with these 160+/- acres of predominantly wooded land along Midvale Mine Road in Goshen and Union townships, Tuscarawus County, Ohio. This large block offers outstanding hunting, recreation, timber and long-term investment potential. The property is well watered, contains marketable timber and features trails providing access through portions of the acreage. Both surface tracts have road frontage on Midvale Mine Road and may be purchased individually or together. Excellent location - situated between the State Route 36 and State Route 39 corridors, this property combines the privacy of a large wooded tract with convenient access to surrounding communities and major travel routes. Acreage with this location, frontage common water, trails and timber is difficult to find.  We will also be offering the mineral rights at auction.  The tract breakdown is as follows: TRACT #1 – 87.53+/- ACRES – SURFACE RIGHTS – TRACT #2 – 72.33+/- ACRES – SURFACE RIGHTS These tracts are predominantly wooded with frontage on Midvale Mine Road. Natural water features, established trails, wildlife habitat and marketable timber. Excellent hunting and recreational property with long term investment potential. Both are desirable large acreage tracts offering privacy and seclusion while maintaining road access.  TRACT #3 – 87.53+/- ACRES OF OIL AND GAS RIGHTS – All of the sellers right, title and interest, if any, in and to the oil and gas rates underlying Tract #1 containing 87.53+/- acres. This offering is for oil and gas interest only and does not include coal or other mineral interest not presently owned by seller.  TRACT #4 – 72.33+/- ACRES OF OIL AND GAS RIGHTS – All of the sellers right, title and interest, if any in and to the oil and gas rights underlying Tract #2 containing 72.33+/- acres. This offering is for oil and gas interest only and does not include coal or other mineral interest not presently owned by seller.  Oil and Gas Disclaimer - Important – Buyer Due Diligence: the oil and gas interest offered as Tracts #3 and #4 are being sold as is, where is, with all faults. Seller and auctioneer make no representation or warranty, expressed or implied, as to the existence, ownership, quantity, quality, lease status, production, royalties, acreage, title or extent of any oil and gas rights or interest. All information provided is for informational purposes only. Prospective purchasers are solely responsible for conducting their own independent investigation, title examination and due diligence regarding the oil and gas interest prior to bidding and shall rely exclusively upon their own research and conclusions. Seller will convey only such right title and interest as seller may own, if any, by quitclaim deed, without warranty of title.

-FEEL FREE TO WALK PROPERTY AT YOUR OWN RISK AND CONVENIENCE-

TERMS ON REAL ESTATE AND OIL & GAS RIGHTS:  There will be a 10% Buyer’s premium added to the final bid price to determine the contract price.  Successful purchaser(s) will be required to give a 10% non-refundable deposit down the day of the auction, with balance due at closing (within 45 days).  This property will sell “AS-IS/WHERE-IS”, w/ no warranties implied or expressed.  Property will sell w/ no contingencies, financing or otherwise.  We will sell the real estate first, it will be offered in two tracts and as a whole, which ever way brings the most money is the way it will be sold.  We will then sell the oil and gas rights in two tracts, and as a whole – which ever way brings the most money is the way they will be sold.  The oil and gas rights and surface rights will not be offered together.   Oil and Gas Disclaimer - Important – Buyer Due Diligence: the oil and gas interest offered as Tracts #3 and #4 are being sold as is, where is, with all faults. Seller and auctioneer make no representation or warranty, expressed or implied, as to the existence, ownership, quantity, quality, lease status, production, royalties, acreage, title or extent of any oil and gas rights or interest. All information provided is for informational purposes only. Prospective purchasers are solely responsible for conducting their own independent investigation, title examination and due diligence regarding the oil and gas interest prior to bidding and shall rely exclusively upon their own research and conclusions. Seller will convey only such right title and interest as seller may own, if any, by quitclaim deed, without warranty of title.  Secure Title Services LTD will manage the closings.  All information contained herein was derived from sources believed to be correct, but not warranted.  Any announcements on auction day will take precedence over any and all printed material.   

OWNERS: DAVID LONG AND ELIZABETH JAMES

AUCTION CONDUCTED BY:

BEN SCHAFER REALTY

ED AND BEN SCHAFER, AUCTIONEERS, LLC.

www.edandbenschafer.com           www.benschaferrealty.com

740-584-7253                               740-305-5054

BEN SCHAFER, BROKER/AUCTIONEER – 740-584-SALE                     ED SCHAFER, AUCTIONEER/AGENT – 740-584-2921

                        LANCE MILLER, AUCTIONEER/AGENT – 740-819-8838                       BEN WAGNER, AUCTIONEER/AGENT – 740-885-1236

COOPER COUNTRY REAL ESTATE – WAYNE COOPER, BROKER – 614-493-6454

AUCTIONEER’S NOTE: If you are in the market for a large parcel of land or oil and gas rights – you will want to check this auction out.  Please remember auction will be held at the Midvale Park Pavilion.  See you on October 17^th.