MORTGAGE SALE The building and land known as SP Lot 5 Plan 19589 Silver Road, in the hamlet of Silver, approximately 3 miles south of the Town of Arborg, Manitoba as described in Certificate of Title No. 2438332/1 will be sold at auction on Wednesday, the 26th day of February, 2014 at 11:00 a.m. at 349 Main Street, Arborg, Manitoba. The Vendor under Power of Sale is informed that there is situate on the said land a bungalow style dwelling house with a living area of approximately 2300 square feet, more or less, having 3 bedrooms, 2 bathrooms and a oversized double attached garage, and is informed that the dwelling house was previously used as a marijuana grow operation and may be subject to mould issues and is further informed that the dwelling house has been remediated pursuant to the requirements under certain orders from the Manitoba Office of the Fire Commissioner and the requirements pursuant to same have been performed, provided however that the Purchaser shall assume full responsibility for any further compliance and completion. The Vendor under Power of Sale is further informed that there is a second structure on the property facing Silver road which is dilapidated and of no value. The Vendor under Power of Sale is further informed that the property has a private well and septic tank system which may or may not be operational and that the said land comprises 50 acres, more or less, of open grass land. REALTY TAXES: The realty taxes with respect to the said land will be paid in full to December 31, 2012. PRIOR CHARGES: Nil. DIRECTIONS: The land is 3 miles south of Arborg, Manitoba on the east side of highway #7 and on the south side of Silver Road before the railway track and the said bungalow style dwelling house is yellow in color and is set back from the front of the said land. TERMS: Twenty percent of the purchase price in cash or certified cheque and the balance according to auction sale conditions. The building and land are to be sold subject to a RESERVE BID to be announced prior to the sale. Further information or a copy of the Auction Sale Conditions may be obtained from: DAVID MORRY D'Arcy & Deacon LLP Barristers and Solicitors 2200 - One Lombard Place Winnipeg, Manitoba, R3B 0X7 Telephone No. (204) 925-5385
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