Buyer is aware of the current drain tile outlet located on the NorthEast Corner of the subject property. Buyers agrees to grant permission to landowner across the road (remaining 80 acres) to have access for repairs and/or maintenance to the tile. This access easement will be included on the deed at closing.

It is the intent of the seller to perform a 1031 exchange. Buyer agrees to sign all necessary documents to complete the 1031 at no additional cost to the buyer.

Owner: Gerald Sonnek Trust

TERMS & CONDITIONS OF REAL ESTATE AUCTION:

Successful bidder will be required to pay $10,000 non-refundable down payment to Auction Company Trust account , prior to 3:00pm CST December 1st, 2021. The successful bidder shall enter into a non-contingent As Is purchase agreement prepared by Broker and pay non-revocable down payment to be held in escrow. The balance will be due in full at closing, in approximately 45 days. Closing will be conducted by Seller's closing agent of choice. The seller will provide marketable title to said property. The Real Estate will be considered sold when all parties have signed the purchase agreement. Property is not subject to prior sale and is sold As-Is". This property will be sold by its legal description. All announcements made by the auctioneer take precedence over any previous advertising or oral statements. Auction company / Broker represent the seller in this transaction. Square footage dimensions and acreage amounts are based upon information provided by the seller and are believed to be correct, however, purchaser shall bear the responsibility to confirm all calculations prior to the auction. All information contained in this brochure was derived from sources believed to be correct but is not guaranteed. Auction company / Broker are not responsible for errors or omissions.

Buyers is aware of the current drain tile outlet located on the NorthEast Corner of the subject property. Buyers agrees to grant permission to landowner across the road (remaining 80 acres) to have access for repairs and/or maintenance to the tile. This access easement will be included on the deed at closing.

It is the intent of the seller to perform a 1031 exchange. Buyer agrees to sign all necessary documents to complete the 1031 at no additional cost to the buyer.

Buyers Premium: A 2% Buyers Premium, calculated on the high bid, will be added over and above the high bid. This sum will equal the total contract price.