LAKESHORE AUCTION

MAPLE TRAIL

(Maple Lake - Alexandria)

This RESERVE AUCTION is conducted by Staci Hoffman, Licensed (# 21-80) and Bonded.

Real Estate representative for this transaction is Chain of Lakes Realty.

Fantastic 7 lot development located on Maple Lake. All large lake lots have beautiful sandy beach shoreline. Each lot includes a back lot for extra garages, storage or garden area. Unbelievable views & only 5 miles from I-94 and south of Alexandria. Enjoy boats, pontoons, jet skis & any other water activities in this neighborhood. Fish for walleye, northern, bass, crappie, sunfish, bluegills, and perch.  These lots are ideal for your new lakehome.  Maple lake has 14.5 ft. of clarity and a maximum depth of 78 feet.  City sewer has been approved for this development.

Auction Date: July 7, 2007 on site at 7:00 pm

Directions: From I94 to Hwy 29 Exit. Go South on Hwy 29 to Co. Rd. 4, take left (east) to Maple Springs Drive. Turn right (south) to the end of Maple Springs Drive. Property is to the right. Look for signs.

Down Payment:               $10,000 down payment day of sale for lot, credited toward purchase at closing.

Closing:                           30-45 days after sale...quick close possible. To be held at Douglas County Abstract Company.

Buyers Premium:          A 6% buyer's premium will be added over and above the high bid to equal the contract price. (ie. $100,000

                                          high bid = $106,000 contract price).

Reserve Price:              This auction has a reserve price on each lot and all bids will be subject to seller confirmation for acceptance.