TRACT 5
TRACT 6
TRACT 8
TRACT 9
METHOD & TERMS
The MPR farm will be sold on a price per acre basis, based on the acres in this advertisement. Tract 1 will be sold first. Tracts 2, 3 & 4 will then be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any or all tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all tracts have been elected. Tracts 5, 6 & 7 will then be offered “Buyer’s Choice”. Tracts 8 & 9 will be sold individually. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Tuesday, December 31, 2024. The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes due in 2025. Possession at closing, subject to an existing cash rent lease for the 2024 crop year only. There are no hunting leases associated with the farm. Open lease for 2025 crop year. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made on sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.
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