Unit Size and Total #                      Rates                                   Total

10x10 - 47                                   $59.00                                  $2,773.00

10x20 - 100                                  $79.00                                  $7,900.00

10x30 - 5                                    $110.00                                 $550.00



Total Potential Monthly Income:                                                   $11,223.00

Procedure: The property will sell in 7 individual tracts, any combination of tracts and as a total unit. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. Bids on tracts, tract combinations and total property may compete.

Method of Payment: A non-refundable earnest money deposit of Ten (10%) percent of the purchase price will be required day of sale with the balance due the day of final closing. The balance of the purchase price will be due via a wire transfer to the closing company as requried by Indiana State Law. The closing shall occur between June 4th and June 18th 2012. This real estate is being sold for cash and your bidding is NOT CONTINGENT UPON FINANCING. Have your financing prearranged prior to auction.

Buyers Premium: In order to determine the final sales price of the real estate, a 2% Buyers Premium will be added to the winning bid.

Acceptance of Bid: Successful bidder will be required to enter into a purchase agreement immediately following the auction at the site. The Seller reserves the right to accept or reject any bid.

Title: The Seller provide the Buyer with an owners policy of title insurance in the amount of the purchase price insuring the marketability of the title. Seller will provide buyer with a fully executed Trustee Deed conveying title to the Buyer.

Possession: Possession will be given to the Buyer the day of final closing subject to tenant rights.

Rents and Deposits: All rents shall be prorated to the day of final closing. In the event that the Seller has any security deposits, such security deposits will be transferred to the Buyer at closing.

Taxes: All real estate taxes shall be prorated to the day of final closing with all subsequent taxes being the responsibility of the Buyer.

Title Company: The closing and title documents shall be prepared by Metropolitan Title Company.

Closing Fee: The closing fee shall be shared 50/50 between the Seller and Buyer.

Conveyance of Name: The Name "A Colorful Storage, LLC" shall NOT transfer with the property.

Survey: AT THE SELLERS OPTION, the Buyer will provide 50:50 of the costs of any parcel where there is no existing legal description or where new boundaries are created by the tract divisions in the auction. Any need for a survey shall be determined in the sole discretion of the Seller and the Auctioneer. If a survey is determined by the Seller to be necessary, final bids will be adjusted to reflect the results of said survey. The type of survey prepared shall be determined by the by the Seller as long as it is sufficient for issuance of a title insurance policy. Combination purchases will only receive a perimeter survey with only the corners of the property to be marked. All auction tracts are approximate and have been estimated based on aerial photographs or current legal descriptions. Seller will provide buyer with a boundary survey of the property.

Property Disclosure: This property is being sold "As-Is" and "Where -Is" with no warranty being expressed or implied as to the physical condition, specific zoning or available permits.

Agency: The Steffen Group and its agents are the exclusive agent of the Seller.