564 RICHLAND RD Richland, PA 17087

This is a preserved farm through the Berks County Department of Agriculture. There is a provision under Act 33 which may allow for subdivision and another home to be built. Please review the accompanying documents. The Berks County Department of Agriculture is very helpful and will be able to answer any questions regarding preservation and development.

The live real estate auction will be held on Wednesday, September 15th, 2021 at 2pm. On location
bidding is available at the time of the auction. Online bidding is available starting on Wednesday,
August 11th through the live auction happening at 2pm on Wednesday, September 15th.

This property is being offered free and clear of any liens and encumbrances with no warranties or
guarantees in As-Is condition with all faults and defects. The sale is not subject to any contingency, including mortgage or inspection contingencies. There is a 10% buyer's premium paid by the buyer on the winning bid. The winning bid plus the 10% buyer's premium will comprise the total purchase price. The real estate transfer taxes will be calculated on the total purchase price. The buyer pays both
transfer taxes. Any personal property remaining on the property at settlement transfers with the real property. The property is being offered with a reserve and will be sold subject to sellers confirmation.

The winning bidder will pay a $40,000.00 down payment and sign the Purchase Agreement and
Sellers Property Disclosure Statement at the conclusion of the auction. The remaining balance will
be paid at settlement.

Settlement will take place on or before Friday, October 29th, 2021.