Auctioneers Note: Our company is honored to have been selected by Norman & Glenda Kramer to offer this farmland for sale at auction! Make plans today to attend this auction! This farmland offers great opportunity to start your land portfolio or add to your current operation!! The property presents a great investment potential! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of the farmland!!

Legal Description: The NW1/4 of Section 33, TWP 94N, Range 51W, Clay County, SD containing 160 acres more or less;- Subject to all public roads and easements of record.

General Description: This property contains 160+/- gross acres according to the Clay County Assessor. According to FSA this tract of farmland has approx. 134.29+/- acres of tillable land under irrigation and approx. 21.89 tillable acres not under irrigation. The predominant soil types include: EaA-Egan-Chancellor, EcA-Egan-Clarno-Tetonka, EsB-Ethan-Clarno-Bon, EsB-Ethan-Clarno-Bon, DhA-Davison-Chancellor, DkA-Davison-Tetonka-Egan. According to Agri-Data this farm has a productivity index rating of 81.9 on the total farm and a county soil rating of .6660. This farm has a corn base of 102.6 acres with a PLC yield of 122bu. And a soybean base of 40 acres with a PLC yield of 40bu. This farmland is considered NHEL. This farm has approx. 20,000+/- ft of drainage tile line installed. The irrigator on this property is a 2014 Valley 7000 7 tower irrigator. The irrigator is serviced by a approx. 120+/-ft well with a submersible pump which can pump up to 700 GPM. The buyer of the property will be responsible to transfer the irrigation well permit. The buyer of the property will also be required to honor the current elec agreement with Clay Union elec for power. This a great farm in an area where farms are not often offered for sale! This is a great opportunity to purchase a irrigated farm in a great area with great soil ratings! Make plans today to attend this auction and purchase this property!!!

Method of sale: The farm will be sold with the final bid price x the gross county acres. This farm will not be surveyed and will be sold based on county gross acres. Auction will be held at the site of the Land.

Taxes: The current Real Estate Taxes according to the Clay County Treasurer are approx. $4,489.24 per year. Seller will pay the 2021 taxes which are due and payable in the spring and fall installments of 2022.

Possession: Possession will be on closing day.

Terms: Purchaser(s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before March 1, 2022 when the buyer shall receive a clear and merchantable title to the property. Owners Title insurance and closing fee split 50/50 between buyer and seller. Clay County Abstract & Title will act as Escrow and Closing agent. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to SD statues. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Buyer will be required to accommodate the seller with a 1031 exchange. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.