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LOCATION:  Property is located on I-80 at exit #342.  East – 10 minutes to York, 60 minutes to Lincoln.  West – 35 minutes to Grand Island.

GENERAL INFORMATION:  Property includes RV park, restaurant and convenience store building which has been refurbished to be used for most any business.  This is an ongoing business with the following amenities:

• 35 remodeled King, Queen & Double rooms (smoking & non-smoking) motel – 1st Interstate Inn (2 apartments)
• 2-Bedroom manager living quarters
• Kids under 12 stay free / campground
• Free local calls & coffee
• Pets OK with fee
• Guest laundry
• Satellite TV with movies, news & sports
• Eaten Haus German Restaurant next door – 144 seat capacity

        
LEGAL DESCRIPTION: A tract of land comprising a part of Southwest Quarter (SW1/4) of Section Twenty (20), Township Ten (10) North, Range Four (4) West of the 6th P.M. in York County, Nebraska containing 2.95 acres more or less henceforth known as Irregular Tract 15.  Meets and bounds description on file.

TERMS:  The successful bidder will be required to enter into a legally binding purchase agreement and make an earnest deposit of 15% of the total purchase price the day of the auction payable to Norm Green Realty & Auction trust account and pay the balance in full with certified funds on or before February 23, 2007.  Title insurance will be furnished guaranteeing good title, costs to be shared equally between buyer and seller.  Escrow closing fee also to be shared equally between buyer and seller.  2007 taxes to be prorated to date of possession.  Property sells AS IS WHERE IS with no warranties or guarantees either expressed or implied by broker or seller.  Any announcements made day of auction take precedence over any printed material.  Norm Green Realty & Auction and their associates are representing the sellers only as their agent.

PRE-INSPECTION:  Property may be shown by appointment or will be open 1 hour prior to auction.

AUCTIONEERS’ COMMENTS:  Their motto is FRONT PORCH FRIENDLY – Always Clean, Always Friendly, Always Affordable.  We have been commissioned by Joel Wiens, representative of the Rite-A-Way Industries, Inc. to offer this property to the highest bidder at public auction.  This is a prime residential property with Interstate access, ongoing restaurant and up-to-date motel.  Plan on attending this auction and buy the auction way.  Profit & Loss statements available upon request.  Direct all inquiries to the auctioneer.

RITE-A-WAY INDUSTRIES, INC., OWNER

Auctioneer:  Ross Ronne

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