METHOD & TERMS

This lot is informational. Place your actual bid on Lot #1. The Swedeberg Farm will be sold in 2 tracts as a multiplier of 78 cropland acres times the money per acre bid. Tract 2 acreage/building site is total dollar bid. Bidding is not contingent upon financing. Total dollar amount will be of purchase price will be included on purchase agreement. $30,000 Tract 1 and $5,000 Tract 2 to be due on the day of sale with the balance due in approximately 30 days, on or before January 12, 2022 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 subject to the rights of the tenant in possession. Farm is leased for 2021 crop year. Farm lease terminated for 2022 crop year. 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". Seller: Swedberg Farm Seller Attorney: Cynthia Schuknecht, Charles City, IA