Wednesday, October 10,2007 03:00 PM  thru  05:00 PM

Tracts 1-5 are located approx. 5 miles north of Springfield.
Tracts 6-10 are located southeast of Springfield. Please see map for locations or call for detailed driving directions.

VFW - Springfield, CO 81073

BUYERS PREMIUM: There will be a four percent (4%) Buyers Premium added to the final bid price to determine the total contract purchase price.
PROCEDURE: The property will be offered in 10 individual tracts, any combination of tracts 1 thru 5 OR any combination of tracts 6 thru 10. There will be open bidding on all tracts. Tracts 1 thru 5 can NOT be combined with tracts 6 thru 10. The property will be sold in the manner resulting in the highest total sale price with the above restriction.
DOWN PAYMENT: A 10% down payment of the contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashiers check. The balance of the contract purchase price is due in cash at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.
ACCEPTANCE OF BID PRICES: All successful bidders will sign a purchase agreement at the auction site immediately following the close of bidding. All final bid prices are subject to the owners approval.
BUYER BROKER PARTICIPATION: A commission will be paid to any properly licensed Buyer Broker who registers a successful buyer according to the Broker Participation Guidelines. Broker Registration Forms are available from the Auction Information Office. Forms must be completed and returned no later than 48 hours prior to the auction.
CLOSING: Please contact the auction company for details on closings for each auction. Possession will be given at closing subject to any remaining rights of the current tenant(s).
TITLE: Sellers shall provide an Owners Policy of Title Insurance in the amount of the purchase price, and shall execute a proper deed conveying the real estate to the buyer(s).
REAL ESTATE TAXES AND ASSESSMENTS: Sellers shall be responsible for paying real estate taxes and assessments on the property for the 2007 calendar year taxes payable in 2008. Buyer(s) will be responsible for all taxes and assessments thereafter.
POSSESSION: Possession will be at closing on all CRP and unplanted acreage. Possession will be after the 2008 wheat harvest on planted acres. Buyer(s) will receive 1/3 of the wheat crop.
CRP CONTRACTS: Buyers of CRP acres will be required to continue enrollment in existing CRP contracts.
EASEMENTS AND LEASES: Sale of said property is subject to any and all easements of record and any and all leases.
MINERAL RIGHTS: TRACTS 1-5: The sale does not include any mineral rights. TRACTS 6-10: The Seller shall include all mineral rights owned by the Seller, if any.
AGENCY: Westchester Auctions, LLC and its representatives are Exclusive Agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller or the auction company. All sketches and dimensions in this brochure are approximate. All acreages are approximate and have been estimated based on legal descriptions or aerial photographs. Conduct at the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final.
NEW DATA, CORRECTIONS AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.
NOTE: Video taping, flash photography, and/or public announcements will be allowed on auction day ONLY with prior approval from Westchester Auctions, LLC.
SELLERS AUCTION #1: TRACTS 1 thru 5: Windmill, LLC TRACTS 6 thru 10: GSR Properties, Lee & Angelica Hardy, Keith & Wendy Steinbeck