Parcel #1

NOTE: Parcel #1 will be offered and highest bid will be held. Parcel #2 will be offered and highest bill will be held. Then parcels #1 & #2 will be offered as a whole. Bidders may participate in the auction on site or online at Proxibid.com. If a survey is needed it will be done following the auction and total purchase price will be adjusted to the surveyed acres. Bidders shall rely entirely on their own information and judgement. Earnest Money: $10,000.00 non-refundable earnest money for winning bidder. Cash, personal and company checks or certified funds will be accepted. Buyer agrees to deliver earnest money and enter into a purchase agreement within 24 hours. Balance in full due at closing. Buyers to have financing arrangements made prior to bidding on the auction with no contingencies (including financing, appraisal, inspection or any other) of any kind accepted in the purchase agreement. Closing: Within approx. 30 days after the auction at Absolute Title in Mora, MN. Buyer's Premium: A 10% buyer's premium will be added over and above high bid. Winning bid plus buyer’s premium equals the contract price. Example: Total bid price: $100,000 plus 10% buyer's premium equals a purchase price of $110,000.00. Failure to Close by the Buyer: If for any reason you are unable to complete the transaction, your down payment money will be forfeited. Title: This property will be sold free and clear from any and all liens and encumbrances, but subject to any zoning, environmental, or other municipal, federal and state laws, easements, rights of way or other matters of record. Buyer to accept property in “as-is” condition with no contingencies. Seller and Auctioneers’ Disclaimer: All announcements and updates made by the auctioneer on the website, shall take precedence over any previously written material or oral statements made. Conduct of the auction, increments of the bidding and decisions as to the high bidder will be at the direction and sole discretion of the auctioneer. The information contained in this listing is subject to the inspection and verification by all parties relying on it; no guarantee, expressed or implied, is given of the information contained in this listing. No liability for its accuracy, error or omissions is assumed by the owners or the agents. Property sells in "as is" condition. Buyer will sign an as-is addendum. BY REGISTERING FOR THIS AUCTION, YOU ARE AGREEING TO THESE TERMS. Auctioneer #: 33-03 and/or 33-21. PLEASE READ: At the request of the auction company, this auction permits bids to be placed by the auctioneer, an employee of the auctioneer, or the seller or an agent on the seller's behalf. While Proxibid's Unified user Agreement prohibits this behavior, in accordance with UCC 2-328, this auction is permitted to engage in this activity by providing this clear disclosure to you the bidder.