MANNER OF SALE: This real estate will be offered as a “MULTI-PARCEL” auction in 3 individual tracts and in combinations of tracts. It will be sold in the manner that produces the highest aggregate bid. There will be OPEN BIDDING on all tracts and combinations of tracts during the auction as determined by the auction company. Bids on tracts, tract combinations, and the total property may compete. Auction procedure and increments of bidding are at the discretion of the auction company.
TERMS: 10% down day of sale, with the balance to be paid on or before July 8, 2010, or upon such terms as may be acceptable to the Seller. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. All funds will be held by the auction company in their trust account or by an identified title/escrow company. Bidding is not contingent upon fina...
TERMS: 10% down day of sale, with the balance to be paid on or before July 8, 2010, or upon such terms as may be acceptable to the Seller. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. All funds will be held by the auction company in their trust account or by an identified title/escrow company. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Bids are subject to Seller confirmation. Announcements made day of sale take precedence over printed material and previously made oral statements.
MINERAL RIGHTS: All of the Seller’s interest will transfer to the Buyer(s) at closing.
CROPS: Seller will retain 100% of the 2010 wheat crop.
FSA INFORMATION: Seller will retain 100% of the FSA wheat payments associated with the 2010 crop year. Buyer will receive 100% of the feed grain payments associated with the 2010 crop year. See chart below for cropland and base acre information.
CRP PAYMENTS: Buyer will receive 100% of the 2010 CRP payment which will accrue from 10/1/09 thru 9/30/10.
CLOSING: Closing will be on or before July 8, 2010.
POSSESSION: Date of closing, except after harvest on the planted wheat acres.
REAL ESTATE TAXES: Seller will pay taxes for 2009 and prior years. Taxes for 2010 will be prorated to the date of closing.
EVIDENCE OF TITLE: Seller will provide title insurance to the Buyer(s) in the amount of the purchase price with the premium to be paid one-half by the Buyer(s) and one-half by the Seller. Title evidence will be provided on sale day.
MANNER OF SALE: This real estate will be offered as a “MULTI-PARCEL” auction in 3 individual tracts and in combinations of tracts. It will be sold in the manner that produces the highest aggregate bid. There will be OPEN BIDDING on all tracts and combinations of tracts during the auction as determined by the auction company. Bids on tracts, tract combinations, and the total property may compete. Auction procedure and increments of bidding are at the discretion of the auction company.
TERMS: 10% down day of sale, with the balance to be paid on or before July 8, 2010, or upon such terms as may be acceptable to the Seller. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. All funds will be held by the auction company in their trust account or by an identified title/escrow company. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Bids are subject to Seller confirmation. Announcements made day of sale take precedence over printed material and previously made oral statements.
MINERAL RIGHTS: All of the Seller’s interest will transfer to the Buyer(s) at closing.
CROPS: Seller will retain 100% of the 2010 wheat crop.
FSA INFORMATION: Seller will retain 100% of the FSA wheat payments associated with the 2010 crop year. Buyer will receive 100% of the feed grain payments associated with the 2010 crop year. See chart below for cropland and base acre information.
CRP PAYMENTS: Buyer will receive 100% of the 2010 CRP payment which will accrue from 10/1/09 thru 9/30/10.
CLOSING: Closing will be on or before July 8, 2010.
POSSESSION: Date of closing, except after harvest on the planted wheat acres.
REAL ESTATE TAXES: Seller will pay taxes for 2009 and prior years. Taxes for 2010 will be prorated to the date of closing.
EVIDENCE OF TITLE: Seller will provide title insurance to the Buyer(s) in the amount of the purchase price with the premium to be paid one-half by the Buyer(s) and one-half by the Seller. Title evidence will be provided on sale day.
MANNER OF SALE: This real estate will be offered as a “MULTI-PARCEL” auction in 3 individual tracts and in combinations of tracts. It will be sold in the manner that produces the highest aggregate bid. There will be OPEN BIDDING on all tracts and combinations of tracts during the auction as determined by the auction company. Bids on tracts, tract combinations, and the total property may compete. Auction procedure and increments of bidding are at the discretion of the auction company.
TERMS: 10% down day of sale, with the balance to be paid on or before July 8, 2010, or upon such terms as may be acceptable to the Seller. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. All funds will be held by the auction company in their trust account or by an identified title/escrow company. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Bids are subject to Seller confirmation. Announcements made day of sale take precedence over printed material and previously made oral statements.
MINERAL RIGHTS: All of the Seller’s interest will transfer to the Buyer(s) at closing.
CROPS: Seller will retain 100% of the 2010 wheat crop.
FSA INFORMATION: Seller will retain 100% of the FSA wheat payments associated with the 2010 crop year. Buyer will receive 100% of the feed grain payments associated with the 2010 crop year. See chart below for cropland and base acre information.
CRP PAYMENTS: Buyer will receive 100% of the 2010 CRP payment which will accrue from 10/1/09 thru 9/30/10.
CLOSING: Closing will be on or before July 8, 2010.
POSSESSION: Date of closing, except after harvest on the planted wheat acres.
REAL ESTATE TAXES: Seller will pay taxes for 2009 and prior years. Taxes for 2010 will be prorated to the date of closing.
EVIDENCE OF TITLE: Seller will provide title insurance to the Buyer(s) in the amount of the purchase price with the premium to be paid one-half by the Buyer(s) and one-half by the Seller. Title evidence will be provided on sale day.
ACREAGES: Acreage figures are considered to be approximate and are from reliable, sources, based on (USDA) FSA figures. All FSA information is subject to change. FSA acres may not be the same as deeded acres.
ACCEPTANCE OF BIDS: The successful bidder(s) will be required to enter into a Farm & Ranch Real Estate Purchase Contract immediately following the auction. Copies of the contracts will be available from the auction company prior to the sale.
INSPECTIONS: Each potential bidder is responsible for conducting their own independent inspections and due diligence concerning pertinent facts about the property. Neither Seller or Farm & Ranch Realty, Inc. their agents or representatives, are making any warranties about the property, either expressed or implied.
EASEMENTS: This sale is subject to all rights-of-way and easements, whether recorded or not, and to oil and gas lease of record, if any.
AGENCY: Farm & Ranch Realty, Inc., its agents and representatives, are the Exclusive Agents of the Seller.
AUCTIONEER’S NOTE:
Tracts 1 and 2 are good wheatland in a productive part of Wallace County. There is immediate possession on the open land, so the Buyer can plant milo this Spring and wheat in the Fall.
Tract 3 is expiring CRP with a good possibility for an extension during the new signup. The East half of this section can be purchased if the Buyer desires additional land. It is also in CRP which is expiring.
This sale offers a chance to purchase a good farm at a reasonable price. Signs are posted for your convenience.
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