Call Us: 1-318-325-8207
4/30/2014 at 10:00 A.M.
126 Sabine Drive Monroe La
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ABSOLUTE
PUBLIC REAL ESTATE AUCTION
Estate of Mrs. Louise Hakim

Wednesday – April 30th – 10:00 A.M.

On site: 126 Sabine Drive – Monroe, La.

5 Real Estate Properties will first be offered individually then they will be combined and offered in globo (One money buys all 5)

1. 126 Sabine, Monroe, Louisiana: Undivided 2/3 interest:
Undivided 2/3 interest in Square 6 of Crescent Bend Addition to Monroe, Louisiana, and all riparian rights, as per plat on file and of record in the Clerk’s Office of Ouachita Parish, Louisiana, Mortgage Book No. 241, page 793; bearing Municipal address: 126 Sabine, Monroe, Louisiana, together with all buildings and improvements thereon.

2. Vacant Lot, University at Sabine, Monroe, Louisiana: Undivided 2/3 interest:
Undivided 2/3 interest in West 270 feet of Square 6 of Crescent Bend Addition to Monroe, Louisiana, and all riparian rights, included with 126 Sabine as per plat on file and of record in the Clerk’s Office of Ouachita Parish, Louisiana, Mortgage Book No. 241, page 793; bearing Municipal address: Southeast Corner of University Avenue and Sabine Street, included with 126 Sabine, Monroe, Louisiana.

3. 3707 Sabine Drive, Monroe, Louisiana: Undivided 2/3 interest (Driveway does not go with house):
Undivided 2/3 interest in Lot five (5) of Block One (1) of the Subdivision of Blocks 15 and 16, Crescent Bend Addition to Monroe, Louisiana, as per plat filed in Plat Book 8, page 1, Records of Ouachita Parish, together with all improvements situated thereon.

4. Lots in Southwest Industrial Park, Ouachita Parish, Louisiana: Undivided 50% interest:
100% ownership of Lots One (1) and Two (2) of Square 37 of the Resubdivision of Block 7, 8, 9, 12, 13, 14, 17, 18, 19, 22, 23, 24, 27, 28, 29, 32, 33, 34, 37, 38, and 39 of the Crescent Bend Addition of Monroe, Louisiana, as per plat on file in Plat Book 2, page 49, public records of Ouachita Parish, Louisiana, LESS AND EXCEPT the Westerly 90 Feet thereof.

AND:

A portion of Lots 1 and 2, Block 37, of the Resubdivision of Blocks 7-9, 12-14, 17-19, 22-24, 27-29, 32-34, and 37-39, of the Crescent Bend Addition to Monroe, Louisiana, more particularly described as follows:

From the SE Corner of Lot 2 of the aforesaid Block and Subdivision, run in a Westerly direction along the Southerly line of said Lot 2 a distance of 85′ to the point of beginning proper; thence continuing on the same line 19.06′; thence in a Northeasterly direction, converging with the right-of-way of University Avenue by 2̊ 38′, a distance of 75.08′; thence in an Easterly direction parallel to the Northerly line of said Lot 1, 15.61′; thence in a Southerly direction, parallel to and 85′ from the Westerly boundary of the right-of-way of University Avenue, 75.00′ to the point of beginning proper, containing 1,300 square feet, in the City of Monroe, Ouachita Parish, Louisiana.

5. 1615 University, Monroe, Louisiana: 100% ownership:
Undivided 50% interest (other 50% owned by North American Land Development Corporation) in undeveloped Lots 1, 2, 3 and 4 of Block “E” of Unit 1 of Southwest Industrial Park in Section 19, Township 17 North, Range 4 East, Ouachita Parish, Louisiana, as per plat on file and of record in the Clerk’s Office of Ouachita Parish, Louisiana, Mortgage Book No. 12, page 81, of the public records of Ouachita Parish, Louisiana, bearing municipal address of 0 Churchill Street, Monroe, Louisiana, together with all improvements situated thereon

Auction Terms and Conditions
Auctioneers Note: 5 Real Estate Properties will first be offered individually then they will be combined and offered in globo (One money buys all 5) Terms & Conditions: In order to bid you must be a registered bidder. In order to get a bid number and be a registered bidder, you must have a $25,000. cashiers check day of Auction and a bank letter guaranteeing funds in the amount of $500,000. and performance to close in 30 days if you are the successful buyer at Auction. There will be a 10% deposit down due day of sale with the balance due at close in 30 days. Properties sell with a warranty deed. Selling “AS-IS”, Auctioneer makes no representation or warranty, expressed or implied as to the accuracy of the information contained herein. Submitted subject to errors and omissions; although information has been obtained from sources deemed reliable, buyers should rely on their own information, judgment and inspection of the property and records including but not limited to all documents recorded in the Parish where the property is located. Announcements made from the Auction block will take precedence over any previous printed material or any other statements

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Mike Ackel & Associates LLC

500 Walnut Street
Monroe, LA 71201
318-325-8207

LA LIC No. 896
LA Broker No. 59909