2 FARMS LAND AUCTION - 104+/- ACRES OFFERED IN 5 TRACTS IN HILLSDALE COUNTY, MICHIGAN

Farm 1: 12520 Bird Lake Rd, Osseo, MI 49266 & Farm 2: Near 3600 E Territorial Rd, Camden, MI 49232

Owner: Trent Rager Thu, Sep 25, 2025 EASTERN

AUCTION IS OVER

TOTAL SOLD: $916,900

Tract(s): 1	@ $222,600	($8,244/acre)
Tract(s): 2+3	@ $318,000	($7,571/acre)
Tract(s): 4	@ $153,700
Tract(s): 5	@ $222,600	($8,904/acre)

OPEN HOUSE/INSPECTION DATES

Tuesday, September 9th from 2-4pm
Monday, September 22nd from 4-6pm
Meet a Schrader Representative on Tract 4 for additional details

PROPERTY LOCATION

FARM 1: Tracts 1-4 - Ransom Township
12520 Bird Lake Rd, Osseo, MI.
Located 12 miles east of Camden, MI. From Camden, travel east on Camden Rd to Bird Lake Rd, then south 3/4 mile.
FARM 2: Tract 5 - Amboy Township
Near 3600 E Territorial Rd, Camden, MI.
From Camden, travel 3 1/2 miles south on M-49 to Territorial Rd, then east approximately 9 miles.

AUCTION LOCATION

Camden Missionary Outreach Building
611 W Bell St, Camden, MI 49232

TRACT DESCRIPTIONS

Tract 1: 27± ac nearly all tillable with quality Blount loam, Morley loam, Glynwood-Blount complex, and Pewamo silt loam soils. Excellent road frontage on Pleasant View Rd.

Tract 2: 21± ac productive tillable tract with frontage on Bird Lake Rd. Soil types include Glynwood- Blount complex, Blount loam, and Morley loam.

Tract 3: 21± ac all tillable with strong Blount loam and Morley loam soils. Dual road frontage on both Pleasant View Rd and Bird Lake Rd adds versatility.

Tract 4: 10± ac with a two-story farmhouse and a set of outbuildings including a traditional two-story beam barn and two smaller barns. Convenient corner location with frontage on both Pleasant View Rd and Bird Lake Rd.

FARM 2 - Tract 5 - Amboy Township

Tract 5: 25± ac all tillable with Morley loam, Glynwood-Blount complex, and Pewamo silt loam soils. Great frontage along Territorial Rd and ideal for row crop production.

IRRIGATION SYSTEMS - GRAIN BINS - AIR SYSTEM
(Will be Sold as Tracts with Real Estate)

EQUIPMENT & PERSONAL PROPERTY

Tracts 6-10 Located on Tract 4

Tract 6: M/C 675 LP gas Grain Dryer, Single PH.

Tract 7: 26,000 bu bin with new air floor 3yrs ago, newer grain sweep, 8" unloading auger w/ power sweep auger.

Tract 8: 18,000 bu bin with air floor, 8" unloading auger w/ power sweep auger.

Tract 9: 5,000 bu bin with air floor, 6" unloading auger.

Tract 10: Dresser Roots Rotary Lobe Grain Air System, 3PH.

Tracts 11-15 Located at 6840 Burt Rd, Waldron, MI

Tract 11: Reinke 6 tower center pivot irrigation system (South side of Burt Road).

Tract 12: Reinke 8 tower - towable center pivot irrigation system (off Tripp & Burt Road NW corner).

Tract 13: GSI Air Stream 1220 LP gas dryer, 3PH.

Tract 14: 3,500 bu approx. cone bottom wet bin and 8" unloading auger.

Tract 15: Super Air Pneumatic Air System, 3PH.

Tract 16 Located at 11651 Bird Lk Rd, Waldron, MI 49288

Tract 16: 8500 bu bin with air floor, already torn down on pallets, stored inside.

TRACT MAP(S)

FARM 1: Tracts 1-4

FARM 2: Tract 5

AREA MAP(S)

PROCEDURE: The property will be offered in 5 individual tracts, any combination of tracts and as a total 104+/- acre 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 the total property may compete.

BUYER'S PREMIUM: A 6% Buyer's Premium will be added to the final bid price and included in the contract purchase price.

DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of cashier's check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.

ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into Purchase Agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers' acceptance or rejection.

EVIDENCE OF TITLE: Seller shall provide an owner's title insurance policy in the amount of the purchase price.

DEED: Seller shall provide Warranty Deed(s).

CLOSING: The targeted closing date will be approximately 30 days after the auction.

POSSESSION: Tract 1 30 days after closing except for access to grain bin removal. All remaining tracts will be subject to Tenants rights.

REAL ESTATE TAXES: Real estate taxes will be pro-rated day of Closing.

PA116: All tracts in this auction are enrolled in PA116. Buyer(s) will assume Seller's rights and obligations.

PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidder's safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.

ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.

SURVEY: The Seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. Seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Seller's option and sufficient for providing title insurance. Combination purchases will receive a perimeter survey only.

AGENCY: Schrader Real Estate & Auction Company, Inc. 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 Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. 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 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. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the Auctioneer are final.

ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.

PERSONAL PROPERTY TERMS: To be removed by 12-31-2025 at Sellers' expense.