032621 Day 2 Buyer Guide

3103 Highland Ave Shreveport, La. 71105. A redevelopment opportunity consisting of a

1918 #A&B David Duboin Rd. New Iberia, La. 70560 3000 SQ Ft Home, 3 Bedroom, 2 Bathrooms, .63 +/- Acres, Shared Driveway on this property. This home has a nice back yard with a patio, rear yard access, inground pool, large deck upstairs, and utility room. You don’t want to miss this one! Bank mandated lot. Selling absolute to the highest bidder. 10% Buyer’s Premium. Questions? Call Kurt Sonnier 225-363-8778 Lot # 2

0.25-acre lot. It is a former gas station with four fuel pumps and is situated on a highly desirable corner lot. 1223 SF, Zoned C-2 General Commercial Zone, 5 Spaces, 84FT of Highland Ave Rd Frontage, Building Class C, .25 Acres. Selling absolute to the highest bidder. 10% Buyer’s Premium. Kurt Sonnier 225-363-8778 Lot # 1

Lot# 23 | Cypress Hills Bunkie, La 71322 Back Corner Lot, Secluded and Ready for your New Construction! Bank mandated lot. Selling absolute to the highest bidder. 10% Buyer’s Premium. Questions? Call Kurt Sonnier 225-363-8778

14.73 +/- Acres, In Section T11S, R1E, Vermilion Parish. This site is situated just off Hwy 13 with frontage along Bluebonnet Road. It is bordered on the north by an irrigation/drainage canal and was most recently in rice and crawfish production for which It is well suited. Bank mandated lot. Selling absolute to the highest bidder. 10% Buyer’s Premium. Questions? Call Kurt Sonnier 225-363-8778 Lot # 3

Lot # 4

Auction Terms:

within 48 hours after the notice of award and is payable by wire transfer, money order or ca- shier’s check. This deposit will be deducted from the buyer’s settlement total at closing. The 5% deposit is forfeited if the buyer fails to close on the property. 5- PURCHASE AGREEMENT: A purchase agreement is due within 48 hours of notice of award to the high bidder(s). If the buyer fails to sign a pur- chase agreement or provide the earnest money deposit within 48 hours of notice of award the auction participation deposit if forfeited. 6- VIEWING/INSPECTION: The buyer is responsible to com- plete inspections/viewing prior to the close of the auction. 7- “AS IS, WHERE IS”: The buyer is purchasing this prop- erty “as is, where is” with no warranties expressed or implied Auctioneer: Jeff Henderson 1160-21

To preview any properties before the auction contact the acting real estate agent. Real Estate Agents: Lot# 1 Jackson Wheless 318-344-7384 Lot# 2 Nicole Trumps 337-739-2791 Lot# 3 James Noel | 337-652-6260 jamesnoeljr@gmail.com Lot# 4 Randy Boughton 225-955-6916 Lot# 5 Ty Gose, CCIM, SIOR 225-247-3770 ty@latterblum.com Michael Cashio, CCIM 225-247-9812 mcashio@latterblum.com Lot# 6 Tasha Dameron 985-320-3523 Lot# 7 Tasha Dameron 985-320-3523

1- The terms and conditions of the auction sale and purchase of any property shall be gov- erned by the Contract for Sale of Real Estate, herein called Purchase Agreement. The high bidder(s) will be required to sign a Purchase Agreement in accordance with paragraphs three, four and five. 2- FEES: Buyer will pay all clos- ing cost and associated fees. 3- AUCTION PARTICIPATION DEPOSIT: To participate in this real estate auction an upfront $1000 auction participation fee is required for Lot# 1, 2, 3, 4, 6 & 7. A $10,000 auction participation fee is required for Lot# 5. Payable via major credit (5% additional fee for credit card transactions), wire transfer, cash, money order or check. You may bring a check with you to the auction location (Lake Pontchartrain Basin Maritime Museum

133 Mabel Dr. Madisonville, LA 70447) on Thursday, April 8th, 2021. Auction day checks will be accepted and returned at the conclusion of the auction, except the high bidder(s) and second highest back-up bidder(s). The auction participation fee will be refund- ed within a 48-hour period after the auction to all bidders except the high bidder(s). The high bidder(s) will be notified within 48 hours whether the bid has been accepted by the seller. If so, the auction participation fee will be credited at closing. 4- EARNEST MONEY DEPOSIT: An earnest money deposit equal to five (5%) of the contract price is due and pay- able within 48 hours of notice of award. All earnest money deposits will be deposited in Henderson Auction’s non-in- terest bearing escrow account. The 5% earnest money is due

for habitation or development. This sale is not contingent on financing. 8- POSSESSION: Possession of the property will be at closing. 9- SURVEY/PROPERTY MAPS/TAXES: Seller will provide a title abstract and any available maps or surveys as available. Seller does not guarantee current surveys. If a current survey is required, it must be acquired by the buyer. All closing costs are paid by the buyer. Seller pays property taxes pro-rated until time of auction. 10- REAL ESTATE TAXES: All real estate taxes shall be pro-rated. 11- CLOSING: Closing under all purchase agreements shall be on a date no later than forty-five (45) days after delivery of insurable title to purchaser. Buyer to pay attorney fees and

closing costs. 12- BUYER’S PREMIUM: 10% buyer’s premium shall be added to the high bid which will establish the final contract sales price on lots (1, 2, 3, 4, 6 & 7). No buyer’s premium will be charged on Lot# 5. 13- (This only applies to Lot# 5) The second-highest bids will be held open until May 31, 2021 as a back-up bid in case the hightest bidder fails to close. The second highest bidder will be required to close within forty-five (45) days of being notified that their bid has been selected for the sale of the property. The same terms will be applied to the second highest bidder (see paragraphs 4 and 5). If the second highest bidder is not awarded the property their auction participation deposit will be returned in seven business days.