Terms and Conditions

10% OF BID PRICE TO BE PROVIDED AS DOWN PAYMENT AUCTION DAY. SALE IS NOT CONTINGENT UPON FINANCING. CLOSING TO BE ON OR BEFORE OCTOBER 18, 2022. 2022 TAXES WILL BE PRORATED TO CLOSING AND. TITLE INSURANCE WILL BE PAID BY THE SELLER. CLOSING COSTS AND COST TO CONDUCT CLOSING WILL BE SHARED BY BUYER AND SELLER 50/50. BUYER TO PAY ALL RECORDING FEES. BUYER WILL HAVE HUNTING RIGHTS UPON CLOSING BUT MUST COMPLY WITH CURRENT FARMING LEASES IN PLACE. SELLER AND TENANT HAVE RIGHT TO HARVEST 2022 CROPS ON PROPERTY. EXISTING CATTLE, HAY AND PASTURE LEASES ARE IN EFFECT UNTIL JANUARY 1, 2023. BUYER MUST ASSUME AND COMPLY WITH CURRENT LEASE OF TENANTS AND THEIR CURRENT FARMING OPERATIONS UNTIL EXPIRATION THEREOF. ALL INTERIOR FENCING AND CATTLE EQUIPMENT DO NOT CONVEY WITH THE PROPERTY AS THEY ARE OWNED BY THE CURRENT TENANTS. DEER STANDS ON PROPERTY DO NOT CONVEY WITH PROPERTY AND WILL BE REMOVED BY CLOSING. FUTURE ARRANGEMENTS/LEASES ARE THE RESPONSIBILITY OF THE NEW BUYER AND THE CURRENT TENANTS. CURRENT TENANTS ARE INTERESTED IN CONTINUEING LEASE ARRANGEMENTS AND WILLING TO POSSIBLY NEGOTIATE A FUTURE CONTRACT WITH THE NEW BUYER. ALL ANNOUNCEMENTS ON SALE DAY TAKE PRECEDENCE OVER ANY ADVERTISING. TRACT 6 - The buyer will be credited $2500 at closing for a ditch crossing allowance. Closing and Title Insurance: American Title & Abstract Company 119 North Rollins St., Macon, MO 63552 Farm is being sold subject to Seller confirmation and by the Buyer's Choice Method. Watch for updated information, as the property will be surveyed and those quantities will be used as multipliers for the tracts. Tracts 1-3 will be offered in a pool at the Buyer’s Choice separate from Tracts 4-6. 4-6 will be offered in a separate Buyer’s Choice pool. The auction will start with Buyer's Choice on Tracts 4,5 and 6 followed by choice on Tracts 1,2 and 3.