Auction Event Description

Hancock County Land

Auction Date: Saturday, January 23, 2010 County: Hancock State: Georgia Acres: 383+/- Acres Selling in Two Type: Auction Auction Type: Land Status: Sold Description: ________________________________________________ AUCTION 383+/- Acres in Hancock County, GA Located on Mayfield-Jewell Road in the Mayfield Community ________________________________________________ Saturday, January 23, 2010 @ 10:30 A.M. Sale Site: Selling On-Site from Lot 2 on Jewell-Mayfield Road ________________________________________________ Dear Prospective Bidder, Hudson & Marshall is pleased to have been chosen to offer you this quality land in Hancock County, GA. Ford Motors Corporation and the East Central Committee for Opportunity first developed the Mayfield Catfish Farm in the early 1970’s as a fully functional Channel Catfish Hatchery and growing facility. After several years of business, the property ceased operations and since has been used for farming and recreation. Located on the beautiful Ogeechee River with 23 ponds, this property would be ideal for a cattle farm. We encourage you to inspect this property prior to sale day and come prepared to purchase excellent property at auction prices! Best of luck in your bidding: Hudson & Marshall, Inc. ________________________________________________ 383+/- Acres in Hancock County, GA Selling Divided or As a Whole * Beautiful Pasture * Great Hunting Tract * 2 Miles of Ogeechee River Frontage * Fulsome Creek Frontage * CSX Rail Frontage * Extensive Paved Road Frontage * 8,900 Feet of 6 Foot High Chain Link Fence * 90’ x 40’ Equipment Shelter * 2,176 SF Office Building * 23 Ponds * Open Fields * Natural Timber * 6” Well – 400+ Feet Deep * Hatchery & Basin * 357 Raceways for Raising & Growing * Catfish * 100 HP Pump – 4500 GPM Capacity ________________________________________________ Buyers Premium: All real estate sold at this auction will be sold with a 10% buyer’s premium fee. The bid amount plus the buyers premium equals the final purchase price. For example: A $10,000.00 bid plus the $1,000.00 buyers premium fee equals the final purchase price of $11,000.00. Location: DIRECTIONS TO THE PROPERTY: From Sparta, go east on GA-Hwy 16 for approximately 12 miles. Turn left on Hamburg State Park Road and continue 1 mile to the property on the right. From Warrenton, go west on GA-Hwy 16 for approximately 10 miles. Turn right on Hamburg State Park Road and continue 1 mile to the property on the right. Inspection: : Tract signs and stakes show the property to be sold. Hudson & Marshall representatives will be available throughout the entire process to show the property and encourage you to view the real estate well in advance of the sale. Closing Cost: The Seller will pay their pro-rata share of the 2010 real estate taxes, preparation of the warranty deed and the Georgia transfer tax. The purchaser will be responsible for their pro rated share of the 2010 real estate taxes as well as the closing attorney fees and any other fees associated with closing the transaction, i.e. loan closing costs, appraisal fees, survey fees, title opinions, title insurance, etc. Buyers Note: Information contained herein was taken from sources deemed reliable and is believed to be correct. Although every precaution has been taken to insure the accuracy of the information herein, Hudson & Marshall, Inc., Seller, Sale Managers and all of their agents will not be responsible for any errors or omissions. It is the Purchasers responsibility to conduct their own due diligence and make their own decisions as to the accuracy of all information. All property sells in its "As-Is/Where-Is" condition with no warranties expressed or implied other than marketable title free and clear of all liens and encumbrances. Auctioneers are acting as agents for the Seller not the Buyer. Announcements made at the auction take precedence over all written matter. Buyers should carefully verify all items and bid accordingly. Unless the property is marked absolute in the auction brochure, it sells subject to Seller Confirmation. Auctioneers reserve the right to offer the property in individual tracts, combinations, or as a whole whichever way is most advantageous to the seller. Comments: FOR INFORMATION CALL Sale Manager Steve Slocumb at 478-957-4283 or 800-841-9400 BG Hudson Jr. #103, AM Marshall IV #1605, RS Slocumb #3512, H&M #274

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