PROCEDURE: The property will be offered in SIX (6) individual tracts, any combination of tracts & as a total of 140+/- acre unit. There will be open bidding on all tracts & combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations & the total property may compete. The property will be bid in a manner resulting in the highest total sale price.

BUYER'S PREMIUM: A Buyer's Premium equal to 2.5% of the high bid amount will be charged to the Buyer at the auction & paid to the Owner as part of gross purchase price.

DOWN PAYMENT: 10% down payment on the day of the auction for individual tracts or combinations of tracts w/ the balance in cash at closing. 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, & are capable of paying cash at closing.

ACCEPTANCE OF BID PRICES: Successful bidder(s) will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction. All final bid prices are subject to the Seller's acceptance or rejection. The terms of this agreement & any addendum are non-negotiable.

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

DEED: Seller shall provide Trustee's Deed.

CLOSING: The balance of the real estate purchase price is due at closing, which is targeted to take place approximately 45 days after the auction.

POSSESSION: Buyer(s) shall receive possession at closing. 2026 crop rights, timber rights, & hunting rights to be conveyed to Buyer(s).

REAL ESTATE TAXES: Seller shall pay the 2025 Real Estate taxes payable in 2026, which will be credited to Buyer(s) at closing. Buyer(s) shall pay all Real Estate taxes thereafter. 2024 pay 2025 real estate taxes were $2,018.14/year w/ deductions.

PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries, & due diligence concerning the property. Inspection dates have been scheduled & will be staffed w/ auction personnel. Further, Seller disclaims any & 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.

TRACT MAP(S) & ACREAGE: All tract maps(s), tract acreage, dimensions, & proposed boundaries are approximate & have been estimated based on current legal descriptions and/or aerial photos. They are not provided as survey products & are not intended to depict or establish authoritative boundaries or locations.

SURVEY: The Seller shall provide a new survey where there are no existing legal description(s) 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. The Seller & 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 & sufficient for providing title insurance. Combination purchases will receive a perimeter survey only. Closing prices will be adjusted, excluding "Tract 3", to reflect any differences between advertised & surveyed acres.

FSA INFORMATION: Farm #2343; Tracts #609 and #612. Total potential cropland acres of 68.66 per FSA. Most of the potential crop-land acres are not currently being maintained for crop production.

EASEMENTS: All real estate is being sold subject to any & all easements of record.

MINERAL RIGHTS: The auction sale will include all minerals currently owned by the Seller (if any). However, no promise, warranty, or representation will be made as to the existence or value of any minerals or the nature or extent of Seller's interest therein.

AGENCY: Schrader Real Estate & Auction Company, Inc. & its representatives are exclusive agents of the Seller.

DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in this brochure & all related materials are subject to the terms & conditions outlined in the Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis, & no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches & dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, & 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. The conduct of the auction & increments of bidding are at the direction & discretion of the Auctioneer. The Seller & 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.

NEW INFORMATION, CORRECTIONS & CHANGES: Please arrive prior to the scheduled auction time to inspect any changes or additions to the property information. BIDDER PRE-REGISTRATION IS STRONGLY ENCOURAGED!

STOCK PHOTOGRAPHY: Photos are for illustrative purposes only and are not of the auction property.

Online Pre-Registration Form Link

Bidder Pre-Registration Form

Online Bidder Registration Form

Auction Brochure

Auction Info Book

Soils Map

Tillable Soils Map

Topography Contours Map

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