Auctioneers Note: The Zomer Company is honored to have been selected by the Sommervolds to offer this tract of land for sale to the public at auction! This will be a live auction with online bidding! This is a great opportunity to add acres to your current operation or your investment portfolio! Check it out today!

Legal Description: Tract 2A of Sommervolds addition in the NE1/4 of Section 4, TWP 95N, Range 49, West of the 5th P.M., Union County, SD. Subject to all public roads and easements of record.

General Description: This property contains 54.81+/- gross acres according to the recent survey. According to FSA this tract of farmland has approx. 54+/- tillable acres. The predominant soil types include: Ca-Calco, Ka-Kennebec, Lb-Lamo, CnD2-Crofton-Nora, MdC-Moody-Nora. According to Agri-Data this farm has a productivity index rating of 60.7 and a county soil rating of .720. This farm has a corn base of 26.7 acres with a PLC yield of 143bu and a soybean base of 26.7 acres with a PLC yield of 44bu. This farm presents a great opportunity to add a farm with good soils to your current operation or also presents a great investment opportunity to purchase a farm in a great area! Tracts of land this size are not often available! This property provides a unique opportunity to add acres in a great area to your portfolio! Make plans today to attend this auction and purchase this property!!!

Method of sale: This farm will be sold with the final bid price x the gross acres. Auction will be held at the Alcester, SD Fairgrounds ( 30143 SD HWY 11, Alcester, SD)

Taxes: The current Real Estate Taxes according to the Union County Treasurer are approx. $1,235.91 per year. Taxes will be reassessed by the county due to the recent survey. Seller will pay the 2022 taxes which are due and payable in the spring and fall installments of 2023.

Possession: Possession will be on March 1, 2023. This farm will be available to farm for the 2023 crop year.

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 November 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. Charles B. Haugland will act as Escrow and Closing agent. This property 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 and pictures 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 agrees to accommodate the sellers with a 1031 exchange and sellers agree to accommodate buyers with a 1031 exchange. All buyers are encouraged to do buyers due diligence. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. Charles B. HauglandAttorney For Seller.