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SESSION A - QUALITY TILLABLE LAND AUCTION - 5,113+/- ACRES OFFERED IN 75 TRACTS IN BARRON, DUNN, POLK, & CHIPPEWA COUNTIES, WI (PART OF A 7,428+/- ACRES IN 6 WISCONSIN COUNTIES)
Wed, Aug 23, 10:00 AM
Barron, Dunn, Polk, & Chippewa Counties, WI
Owner: FLF Forward LLC & FLF Herrman LLC
• SESSION A • 4,423.73 FSA Tillable Acres • Outstanding Maintenance History • 2024 Farming Rights • Farm Improvement Details Available • Economic & Stewardship Oriented • Tracts Ranging from 10-172+/- Acres • Several Tracts with Recreational Aspects
OPEN HOUSE/INSPECTION DATES
You are encouraged to come join us at one of our information days to gather farm information, as well as details on the auction day process & how to bid. Stop by during any of the timeframes listed below at the Holiday Inn Express, Rice Lake! 824 Bear Paw Ave, Rice Lake, WI 54868
Friday, July 21 from 3 -6pm
Saturday, July 22 from 9am-12pm
Monday, August 7 from 3 -6pm
Tuesday, August 8 from 9am-12pm
Monday, August 21 from 3 -6pm
Tuesday, August 22 from 9am-12pm
PROPERTY LOCATION
Barron, Dunn, Polk, & Chippewa Counties, WI
DIRECTIONS - FROM THE INTERSECTION OF US-8 & WI-25 (15TH ST) IN BARRON:
TRACTS 1 & 2: Travel north on WI-25 for 5.5 miles to 19th Ave. Turn left (west) on 19th Ave. & travel for .5 miles. Tracts 1 & 2 will begin on the right.
TRACT 3: Travel north on WI-25 for 4.5 miles to 18th Ave. Turn left (west) on 18th Ave. Drive
for 1 mile to 14th St. Turn right (north) on 14th St & Tract 3 will be on the left in .3 miles.
TRACT 4: Travel north on WI-25 for 4.5 miles to 18th Ave. Turn left (west) on 18th Ave. Travel West on 18th Ave for 2.5 miles to 12 1/2 St. Turn right (north) on 12 1/2 St. Drive for 1 mile to 19th Ave, turn right (east) on 19th Ave & travel east for .3 miles. Tract 4 will begin on the left.
TRACTS 5-10: Travel north on WI-25 for 4.5 miles to 18th Ave. Turn left (west) on 18th Ave. Travel west on 18th Ave for 2.2 miles & Tract 5 will begin on your left. Turn left on 12 3/4 St & continue south for the remainder of Tracts 5-10. Physical Address: 1691 12 3/4 St, Barron, WI 54812
TRACT 11: Travel north on WI-25 for 4.5 miles to 18th Ave. Turn left (west) on 18th Ave. Travel
west on 18th Ave for 3 miles & Tract 11 will begin on the north side of the road.
TRACTS 12-14: Travel north on WI-25 for 4.5 miles to 18th Ave. Turn left (west) on 18th Ave.
Travel west on 18th Ave for 3.5 miles & turn left on 11 1/2 St. In .5 miles turn right (west) on 17 1/2 Ave, drive west for .5 miles & Tracts 12 & 13 will begin on the north & south sides of the road. To Tract 14, continue on 17 1/2 Ave to 10 1/2 St. Turn left (south) on 10 1/2 St & Tract 14 will begin on the left in .5 miles.
TRACT 15: Drive west on US-8 for 4 miles to 11th St. Turn right (north) on 11th St & travel for
2 miles. Turn left (west) on 16th Ave. Travel west for 1.5 miles to 9 1/2 St. Turn right & Tract 15 will begin .3 miles on the right.
TRACTS 16 & 17: Drive west on US-8 for 4 miles to 11th St. Turn right (north) on 11th St & travel for 2 miles & Tract 16 will begin on your left. To Tract 17, continue north to 16th Ave. Turn right on 16th Ave & Tract 17 will begin in .2 miles.
TRACT 18: Travel west on US-8 for 3 miles to 12th St. Turn right (north) on 12th St & Tract 18 will begin on your left in .5 miles.
TRACT 19 & 20: Travel west on US-8 for 4 miles to 11th St. Turn left (south) on 11th St & travel for .5 miles. Tract 19 will begin on the right.
DIRECTIONS - FROM THE ROUNDABOUT AT US-8 & US-63 IN TURTLE LAKE:
TRACT 21: Travel east on US-8 for 1.3 miles to 2nd St. Turn left (north) onto 2nd St, travel .6 miles & Tract 21 will begin on the right.
TRACT 22: Travel east on US-8 for 2 miles & Tract 22 will begin on the south side of US-8.
TRACT 23 - 26: Travel east on US-8 for 1.3 miles to 2nd St. Turn right (south) on 2ndSt, drive for 1 mile, then turn right on 12 1/2 Ave. Travel east on 12 1/2 Ave for 1 mile & Tract 23 will begin on the right. For Tracts 24 -26, continue east on 12 1/2 Ave for .5 miles. Continue south on 3 3/4 St for 1.5 miles to 11 1/2 Ave. Turn Right on 11 1/2 Ave & Tract 24 will begin immediately on the left. Continue 11 1/2 Ave for Tract 25 & 26 (look for signs).
TRACT 27: Travel east on US-8 for 1.3 miles to 2nd St. Turn right (south) on 2nd St, drive for 1.5 miles & Tract 27 will begin on the west side of the road.
TRACT 28: Travel on US-8 west for .1 miles to Pine St. Turn left (south) on S Pine St & travel on S Pine St for 1.5 miles. Tract 28 will begin on the left.
DIRECTIONS - FROM THE INTERSECTION OF US-8 W & US-63 SOUTH (WEST SIDE OF TURTLE LAKE):
TRACT 29 & 30: Travel south on US-63 for 1.5 miles & Tract 29 will begin on the right.
TRACTS 31-34: Travel south on US-63 for 3 miles & Tract 31 will begin on the right. Continue south on US-63 for Tracts 32-34.
TRACTS 35-37: Travel south on US-63 for 2.5 miles. Turn left (east) on 105th Ave. Tract 35 will begin on the right. in .3 miles. For Tract 36, continue on 105th Ave (10 1/2 Ave) for .7 miles to 1/2 St. Turn right on 1/2 St & Tract 36 will begin on the left.
To Tract 37, travel north on 1/2 St (from Tract 36) for .5 miles to 11th Ave. Turn right on 11th Ave in .5 miles then turn right onto 1st St. Continue on 1st St for .4 miles & look for signs for Tract 37.
DIRECTIONS - FROM THE INTERSECTION OF US-63 & COUNTY HWY D IN
CLAYTON:
TRACT 38-40: Travel south on County Hwy D for 3.5 miles & Tract 38 will begin on the right. To Tracts 39 & 40, continue on County Hwy D to CR K. Turn right (south) on County Road K & Tract 39 will begin on the right.
DIRECTIONS - FROM THE INTERSECTION OF COUNTY HWY V/MAIN ST & WI-25 IN RIDGELAND:
TRACTS 41-43: Travel South on WI25 for 1 mile & Tract 41 will begin. To Tract 42, turn left on CR WW & the property will begin in .3 miles. TRACTS 43 & 44: Proceed south on WI25 for .5 miles from intersection of WI25 & CR WW from Tract 39. Tract 43 & 44 will begin on the right (west) side of the road.
TRACTS 45 & 46: Travel north on WI25 for 5 miles. Turn left on 14th St & proceed for .5 miles to 5th Ave. Turn left (west) on 5th Ave & Tract 45 will begin in .3 miles. To Tract 46, proceed on 5th Ave for .5 miles to 13th St. Travel north on 13th St for 1.5 miles & the property will begin on the east side of the road.
TRACTS 47-48 - FROM THE INTERSECTION OF WI-25 NORTH & US-8 IN BARRON: Travel west on US-8 for .3 miles to WI-25 South. Turn left (south) & travel for 4.5 miles. Turn right on CR D & the property will begin.
FROM THE INTERSECTION OF MAIN ST & SR 25 IN RIDGELAND: Travel north on WI-25 for 10 miles. Turn left (west) on CR D & the property will begin.
TRACTS 49-51 - FROM THE INTERSECTION OF WI-25 SOUTH & US-8 IN BARRON: Travel south for 1.9 miles. Turn left on 11 1/2 Ave. Drive for .7 miles & Tracts 49-51 will begin on the right (south).
TRACT 52: FROM THE INTERSECTION OF WI-25 NORTH & US-8: Travel east on US-8 for 3.2 miles. Turn right (south) on 18th St. Continue on 18th St for 1.3 miles & Tract 51 will begin on the right (west). TRACTS 53-57: Travel for 3.5 miles to 10th Ave. Turn left (east) on 10th Ave & Tract 53 will begin on the right in 1 mile. Proceed on 10th Ave for .5 miles to Tract 54. From Tract 54, travel east on 10th Ave for .3 miles to 17th St. Turn right (south) on 17th St & Tract 55 will begin on the right in .5 miles. From Tract 55, proceed south on 17th St for 1/4 mile to 9th Ave. Turn right (west) on 9th Ave & Tract 56 will begin on the right in 1/4 mile. For Tract 57, continue on 9th Ave & Tract 57 will be on the right in 1/2 mile.
TRACTS 58 & 59: Travel for 4 miles to 9th Ave. Turn left (east) on 9th Ave. Proceed 1.5 miles to 16th St. Turn right on 16th St & Travel for 1 mile to 8th St. Turn left (east) on 8th St, continue on 8th St 2 miles until the intersection of 18th St & 8th Ave. At that intersection, travel north for Tract 58 (.1 miles) or south for Tract 59 (.3 miles). OR FROM THE INTERSECTION OF WI-25 NORTH & US-8: Travel east on US-8 for 3.2 miles. Turn south on 18th St for 4.7 miles to Tract 58 on west side of road, then travel an additional .5 miles on 18th St to Tract 59 on east side of road.
TRACT 60 & 61 - FROM THE INTERSECTION OF COUNTY HWY SS & HWY A (25TH ST) SOUTH OF CHETEK: Travel south on 25th St for 2.2 miles to Hwy AA (4 1/2 Ave). Turn left onto Hwy AA (4 1/2 Ave) & proceed for .7 miles. Both Tracts 60 & 61 will begin.
TRACTS 62-65 - FROM THE INTERSECTION OF W MAIN ST & COUNTY HWY SS IN NEW AUBURN: Travel north on County Hwy SS for 4.1 miles to 3 1/2 Ave. Turn right (east) on 3 1/2 Ave & Tract 62 will begin on the right (south) in .3 miles. Proceed east for .3 miles & Tracts 63-65 will begin.
TRACT 66 - FROM THE INTERSECTION OF 3 1/2 AVE & 29TH ST (NORTHEAST CORNER
OF TRACT 65): Turn left (north) on 29th St & Tract 66 will begin on both sides of the road in .5 miles.
TRACTS 67 & 68 - AT THE INTERSECTION OF 3 1/2 AVE & 29TH ST (NORTHEAST CORNER
OF TRACT 65): Travel on 3 1/2 Ave/285th Ave for 1.2 miles & Tracts 67 & 68 will begin on the left (north).
TRACT 69 - AT THE INTERSECTION OF 3 1/2 AVE & 29TH ST (NORTHEAST CORNER OF TRACT 65): Travel east for 1 mile to 30th St. Turn right (south) on 30th St & proceed for .5 miles. Tract 69 will begin on the right (west).
TRACTS 70-72 - FROM EXIT 118 ON HWY 53: Turn east on Hwy M (Main St) & travel for .5 miles to stop sign at Hwy M (Main St) & County Hwy SS. Travel north on County Hwy SS for .5 miles to 29th St. Take a slight right turn on 29th St & Tract 70 will begin on the left (west) & Tract 72 will begin on the right (east). Tract 71 will be on east side of road 1/4 mile north of Tract 72.
TRACTS 73-75 - FROM THE INTERSECTION OF COUNTY HWY SS (N 1ST ST) & US-8 (E MAIN ST) IN CAMERON: Travel North on County Hwy SS (N 1st St) for 1 mile to 15th Ave. Turn left on 15th Ave & Tracts 73-75 will begin on the right.
AUCTION LOCATION
Barron Area Community Center
800 Memorial Dr, Barron, WI 54812
PROPERTY DESCRIPTION
GENERAL DESCRIPTION: This Wisconsin Land portfolio is a unique & rare opportunity to acquire an expansive tillable farmland package. The portfolio, which took years to assemble, will be offered at public auction on August 23rd & August 24th via the multitract method where buyers can bid on individual tracts or any combination of tracts per session. The Barron, Dunn, Polk & Chippewa farms will be offered in Session A on August 23rd in 75 tracts, & the Marathon & Clark County farms will be offered in Session B on August 24th in 28 tracts. The farms contain an impressive maintenance history & have been well managed over the years. Do not miss this opportunity to bid your price on the farm(s) that best fit your needs in a once in a lifetime opportunity!
MAINTENANCE & FARM IMPROVEMENTS: The owners of the portfolio have taken diligent measures to select quality farmers for tenants in the area that shared similar land stewardship objectives. Several measures have been taken to improve the quality of the farms, such as installing drainage tiles on 1,193+/- acres, building new machine sheds, & installing irrigation pivots on 285 acres. In this region of Wisconsin, there is a good supply of rainwater & good soils that drain well. The owners have invested in these improvements to make the particular fields more productive because of specific conditions. The owners have conducted full field comprehensive soil testing on all farms at least once every three years.
PH levels have been maintained through regular lime application. The owners have been dedicated to maximizing the surface water flow & drainage through improving waterways in a cost-efficient manner.
ESG & CONSERVATION MEASUREMENTS: As previously mentioned, the portfolio has been managed & operated not only economically but with stewardship as a high priority. The farms have helped preserve local rich landscape features such as rivers, lakes & wetlands through proper management of surface waterflow. Grass buffer strips can be found throughout the portfolio as a means to generate higher yields through topsoil preservation & surface water drainage. Additionally, the majority of the tenants have operated the portfolio with no-till conservation practices.
TRACT DESCRIPTIONS
Tract 1: 57± ac Soils consist of mainly Anigon Silt Loam. Refer to the Information Book & Data Room for the drainage tile map
Tract 2: 20± ac Road frontage on 14th St & 19th Ave. Productive field with beautiful scenery
Tract 3: 172± ac Hihly productive, nearly 100% tillable. See Information Book & Data Room for extensive drainage tile maps
Tract 4: 64± ac Soils consist of Anigon Silt Loam & Rosholt Sandy Loam, great potential for production & recreation
Tract 5: 26± ac Mixture of tillable & recreational land, great hunting potential. See Lithos Carbon Agreement on leading edge field carbon sequestration treatment
Tract 6: 131± ac Soils consist of Anigon Silt Loam & Spencer Silt Loam. Mixture of tillable & wooded recreational land
Tract 7: 64.5± ac Soils consist of Spencer Silt Loam & Anigon Silt Loam. Combine Tracts 5-7 for 216+/- contigous acres
Tract 8: 10± ac The Residence: Two-Story, 3-bedroom 2 bath home, that has been updated. The main floor consists of the Kitchen, Living Room, Dining room as well as the laundry room. The second level has 3 bedrooms and 1 full bath. The forced heat and central air were replaced only 5 years ago!
Machine Shed:120 ft. x 60 ft. Storage building that was newly built in 2022! The machine shed also features a finished office and bathroom.
Grain System: The grain system is set up with 200,000 bushels of grain storage (40,000 Sioux bin damaged but still functioning), 20,000 Bushel wet bin, NECO 24150 Grain dryer (1500 BPH) and 70 ft. x 12 ft. Rice Lake weighing system grain scale.
Home leases expire August 31st, 2024.
Tract 9: 37± ac Great opportunity for tillable farmland & recreation. See Information Book & Data Room for Drainage tile maps
Tract 10: 99± ac Soils consist of Spencer Silt Loam & Freeon Silt Loam. Wooded area suitable for recreation. The farmland acreage also includes a 2-story residence, with 2 beds and 1 bath. The main level features an entry level porch, kitchen, living room, and a bathroom. The main level is heated by a wood stove located on the front porch. The second-floor features both of the homes bedrooms. The home lease will be assigned to the new buyer and will expire December 31st, 2023.
Tract 11: 93± ac Patterned Tiled. Soils consist of Freeon Silt Loam, Magnor Silt Loam & Poskin Silt Loam
Tract 12: 133± ac Large tillable field. See Information Book & Data Room for drainage tile maps
Tract 13: 93± ac Pattern tiled. See Information Book & Data Room for drainage tile maps
Tract 14: 49± ac Great hunting & recreational tract w/ income potential
Tract 15: 27± ac Mixture of quality tillable & hunting opportunities
Tract 16: 62± ac Tillable land, soils consisting of mainly Freeon Silt Loam. See Information Book & Data Room for drainage tile maps & Lithos Carbon Agreement on leading edge field carbon sequestration treatment
Tract 17: 39.5± ac Soils consist of primarily Freeon Silt Loam. See Information Book & Data Room for drainage tile maps
Tract 18: 74.5± ac Soils consist of primarily Anigon Silt Loam & Santiago Silt Loam. See Information Book & Data Room for drainage tile maps & Lithos Carbon Agreement on leading edge field carbon sequestration treatment
Tract 19: 140± ac Soils consist of Freeon Silt Loam & Almena Silt Loam. See Information Book & Data Room for well information & drainage tile maps
Tract 20: 40± ac High percentage tillable with soils consisting of predominantly Freeon Silt Loam
Tract 21: 79± ac Soils consist of primarily Freeon Silt Loam. Information Book & Data Room contain drainage tile maps
Tract 22: 143± ac Soils consist of primarily Anion Silt Loam & Santiago Silt Loam. See Information Book & Data Room for drainage tile maps
Tract 23: 75± ac Soils consist of Freeon Silt Loam & Almena Silt Loam. See Information Book & Data Room for well information & drainage tile maps
Tract 24: 42± ac Soils consist of Poskin Silt Loam, Anigon Silt Loam & Crystal Lake Silt Loam
Tract 25: 75± ac Road frontage on (3) sides of the farm. See Information Book & Data Room for soils & drainage tile maps
Tract 26: 43.5± ac Easement access from 11 3/4 Ave. Soils consist of Spencer Silt Loam & Santiago Silt Loam
Tract 27: 51± ac Predominent soil type is Spencer Silt Loam
Tract 28: 65.5± ac See Information Book & Data Room for soils, drainage tile maps, & solar payment
Tract 29: 43± ac Development potential, located near Turtle Lake & along US 63 & the Catail State Trail
Tract 30: 99± ac High percentage tillable farm in a great location. Predominant soil types include Crystal Lake Silt Loam & Cromwell Sandy Loam
Tract 31: 33± ac Great potental hunting & recreational property!
Tract 32: 105± ac Large tillable field. See Information Book & Data Room for drainage tile maps
Tract 33: 77± ac Road Frontage on US 63. Mixture of tillable & grassland
Tract 34: 37± ac Predominant soil types are Poskin Silt Loam, Barronett Vairant Fine Sandy Loam & Magnor Silt Loam
Tract 35: 100± ac Prime hunting property with lake & active wildlife
Tract 36: 46.5± ac Soils consist of Almena Silt Loam & Magnor Silt Loam. Frontage on 1/2 St
Tract 37: 109± ac Predominant soil types are Alemna Silt Loam, Barronett Silt Loam, & Spencer Silt Loam. Great interior road
Tract 38: 58± ac Soils consist of Freeon Silt Loam & Magnor Silt Loam
Tract 39: 123± ac Predominant soil types are Freeon Silt Loam & Haugen Sandy Loams
Tract 40: 26± ac Great hunting & recreational opportunities!
Tract 41: 33± ac Frontage on WI25 & CR WW. Predominant soil types are Amery Sandy Loam, Santiago Silt Loam, Dobie & Hixton Silt Loams
Tract 42: 28± ac Information Book & Data Room contain drainage tile maps & soil maps
Tract 43: 38± ac High percentage tillable farm. See the Information Book & Data Room for soil maps
Tract 44: 38± ac Excellent hunting & recreational property
Tract 45: 30.5± ac Predominant soil types are Quaderer Silt Loam, Doritty Silt Loam & Hayriver Fine Sandy Loam
Tract 46: 100± ac Soils are mostly Spencer Silt Loam, Freeon Silt Loam & Arland Silt Loam
Tract 47: 30± ac Information Book & Data Room contain drainage tile maps. Soils consist of mainly Freeon Silt Loam
Tract 48: 17.5± ac See the Information Book & Data Room for drainage tile maps. Soils consist of mainly Freeon Silt Loam
Tract 49: 40± ac Nearly all tillable farm. Soils include Rosholt Sandy Loam & Rib Silt Loam
Tract 50: 40± ac Great hunting & recreational property. Many signs of wildlife
Tract 51: 98± ac Frontage on 11 1/2 Ave & 16th St. Soils consist of Primarily Rosholt Sandy Loam & Scoba Sandy Loam
Tract 52: 86± ac Mixture of quality tillable & recreational land!
Tract 53: 120± ac Large contiguous field. Predominant soil types are Arland Silt Loam, Spencer Silt Loam & Freeon Silt Loam
Tract 54: 80± ac Great frontage on CR OO. Predominant soils are Arland Silt Loam, Arland Fine Sandy Loam & Quaderer Silt Loam
Tract 55: 65± ac Soils are nearly all Spencer Silt Loam
Tract 56: 35± ac Soils consist of Spencer Silt Loam & Arland Fine Sandy Loam. Combine with Tract 55 for 100+/- contiguous acres!
Tract 57: 39± ac Predominant soil types are Spencer Silt Loam & Arland Fine Sandy Loam
Tract 58: 31± ac High percent tillable. Soils consist of Arland Silt Loam & Anigon Silt Loam
Tract 59: 74± ac Frontage on Both 8th Ave & 18th St. Soils consist of Arland Silt Loam & Santiago Silt Loam
Tract 60: 73.5± ac Tremendous road frontage on 25 1/2 St
Tract 61: 76± ac Tillable farmland with 15+/- acres of recreational land
Tract 62: 39± ac Frontage on 3 1/2 Ave & County Hwy SS
Tract 63: 59± ac Predominant soil type is Chetek Sandy Loam. Frontage on 3 1/2 Ave & 28th St
Tract 64: 157± ac 92+/- irrigated acres. (3) 12,000 bushel grain bins located at the southwest boundary of the farm. The grain storage will not be available for use until after August 31st, 2024. Refer to the Information Book & Data Room for well & irrigation information
Tract 65: 85.5± ac Soils consist of mainly Arland Silt Loam & Menahga Loamy Sand
Tract 66: 147.5± ac 75.5+/- irrigated acres. Refer to the Information Book & Data Room for well & irrigation information
Tract 67: 80± ac Road frontage on 285th Ave & 72nd St. Refer to the Information Book & Data Room for the soils map
Tract 68: 74.5± ac Great recreational property with access from 285th Ave
Tract 69: 97± ac Contains productive farmland & recreational land
Tract 70: 108± ac Soils consist of Freeon Silt Loam & Oesterle Sandy Loam. Great frontage on both County Hwy SS & 29th St
Tract 71: 27.5± ac Predominant soil types are Freeon Silt Loam & Rosholt Sandy Loam
Tract 72: 55± ac Road frontage on (3) roads - County Hwy SS, 1/4 Ave & 29th St. Predominant Soils are Magnor Silt Loam, Siouxcreek Silt Loam & Freeon Silt Loam
Tract 73: 32± ac Located just off County Hwy SS North of Cameron. Potential for development!
Tract 74: 43± ac Frontage on 15th Ave. Combine with Tract 73 for a total of 75+/- acres with development potential!
Tract 75: 78± ac Level topography. Soils consist of Rosholt Sandy Loam & Chetek Sandy Loam. Development nearby!
BIDDING PROCEDURE: You may bid on any individual tract(s), or any set of two or more tracts (or all tracts) as a combined unit. Bidding on individual tracts & combinations will compete until the end of the auction. Final bids are subject to Seller's acceptance or rejection.
PURCHASE CONTRACT: Immediately after the close of bidding, each high bidder will sign a purchase contract in the form provided in the bidder packets. All information in this brochure & other marketing materials is subject to the terms & conditions of the purchase contract. Seller will not be bound by any statement, promise or inducement that is not contained or incorporated in the written purchase contract.
PAYMENT: 10% earnest money will be due on the day of auction, payable with a cashier's check or a personal or corporate check immediately negotiable. The balance of the purchase price will be due at closing. BIDS ARE NOT CONTINGENT ON FINANCING, so be sure you have arranged financing, if needed, & are able to pay cash at closing.
CLOSING: The targeted closing date will be approximately 45 days after the auction.
POSSESSION: Buyer will take possession of the cropland subject to existing farm leases until 12/31/2023. Buyer will take possession of the homes, buildings, grain bins, ventilation systems & dryers subject to the rights of current tenant(s) until 8/31/2024.
REAL ESTATE TAXES: Seller will pay the real estate taxes (or estimated taxes) for 2023 due in 2024 & all prior taxes. Buyer will pay all subsequent taxes.
DELIVERY OF TITLE: The property will be conveyed by Special Warranty Deed, subject to the Permitted Exceptions as defined in the purchase contract.
EVIDENCE OF TITLE: Seller will furnish Preliminary Title Evidence before the auction & a Final Title Commitment before closing. At closing, Seller will pay for the cost of issuing a standard coverage owner's title insurance policy to Buyer.
MINERALS: The sale includes Seller's interest in any minerals, but with no promise or warranty as to the existence or value of any minerals or the extent of Seller's interest therein.
SURVEY: A new survey will be obtained only if necessary to record the conveyance or if otherwise deemed appropriate in Seller's sole discretion. Any such survey will be sufficient for recording the conveyance, but the type of survey will otherwise be determined solely by Seller. The cost of any such survey will be shared equally by Seller & Buyer. Any survey of adjacent tracts purchased in combination will not show interior tract boundaries. Unless otherwise provided, the purchase price will be adjusted at closing to reflect any difference between advertised & surveyed acres.
TRACT MAPS; ACRES: Advertised tract maps & acres are approximations based on county parcel data, existing surveys, existing legal descriptions and/or provisional aerial mapping of potential new tracts.
PROPERTY INSPECTION: Scheduled inspection dates and/or information events will be staffed with auction personnel. Seller & Auction Company disclaim any responsibility for the safety of prospective bidders & other persons during any on-site inspection. No person shall be deemed an invitee solely by virtue of the property begin offered for sale. THIS PROPERTY IS OFFERED "AS IS", WITHOUT ANY WARRANTY OF ANY KIND AS TO ITS CHARACTER OR CONDITION OR ITS SUITABILITY FOR ANY PARTICULAR USE OR PURPOSE. Prospective bidders are responsible for conducting their own independent inspections, investigations, inquiries & due diligence prior to bidding. The information contained in the marketing materials is provided subject to a bidder's independent verification & without warranty. Seller & Auction Company assume no liability for any inaccuracies, errors or omissions.
AGENCY: Schrader Real Estate & Auction Company, Inc. & its representatives are agents of the Seller only.
CONDUCT OF AUCTION: T he conduct of the auction & increments of bidding will be at the direction & discretion of the auctioneer. All decisions of the auctioneer at the auction are final. Seller & its agents reserve the right to preclude any person from bidding if there is any question as to the person's identity, credentials, fitness, etc.
CHANGES: Please arrive prior to the scheduled auction time to review any changes or additions to the property information.
OFFICIAL AUCTION DAY ANNOUNCEMENTS WILL TAKE PRECEDENCE OVER THE MARKETING MATERIALS & ANY OTHER PRIOR STATEMENTS.
RD SCHRADER, CAI
(800) 451-2709
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