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Method and Terms Lot #0 (Sale Order 1 of 3) The Mohrfeld Farm will be sold in two (2) individual tracts based on a survey that has recently been completed, with the said surveyed acres being used to constitute the final settlement price. Both tracts will be sold through the marketing method of "buyer's choice", whereas the high bidder can take either or both tracts for their high bid. Buyer's choice auctioning will continue until both tracts have been sold. The farm will NOT be offered in its entirety or in any combinations. Bidding is not contingent upon financing. Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Thursday, October 29, 2020 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing. All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold "as is". The Mohrfeld Farm Auction Managers: |
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Tract 1 - 64.84 Surveyed Acres Lot #1 (Sale Order 2 of 3)
The purchase agreement will be adjusted to a quantity of 64.84 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
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Tract 2 - 74.55 Surveyed Acres Lot #2 (Sale Order 3 of 3)
The purchase agreement will be adjusted to a quantity of 74.55 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$3,525.00 x 75 = $264,375.00 Total
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