Terms & Conditions:

PROCEDURE:  The property will be offered in 3 individual tracts and as a total 34± acre unit.  There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer.  Bids on the tracts, tract combinations, and the total property may compete.
DOWN PAYMENT:  A 10% down payment is required on the day of the auction for individual tracts or combinations of tracts.  The down payment may be made in the form of cashierâ??s check or personal check.  Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
ACCEPTANCE OF BID PRICES:  The successful bidder(s) will sign a Purchase Agreement at the conclusion of the auction.  All final bid prices are subject to Sellerâ??s acceptance or rejection.
EVIDENCE OF TITLE:  The Seller will provide an ownerâ??s title insurance policy in the amount of the purchase price.  Seller will convey title free and clear of liens, but otherwise subject to all easements and matters of record.  All tracts sold â??AS ISâ?.
DEED:  Appropriate deed will be delivered at closing.
CLOSING:  Closing will take place 45-60 days after auction date, or as soon thereafter as Sellerâ??s applicable closing documents are completed.
POSSESSION:  Possession will be given 30 days following the date of closing with tenantâ??s rights of the 2017 crop.
REAL ESTATE TAXES: Real estate taxes will be prorated to the date of closing.
TRACT MAPS; ACRES:  Tract maps, depicted boundaries, and stated acres are approximates based on county parcel data, current legal descriptions, and/or aerial mapping software and are not provided survey products.
SURVEY:  New surveys will be prepared where there is no existing legal description or where new boundaries are created by the tract division in this auction.  The type of survey provided will be at the Sellerâ??s option.  Survey costs will be shared equally between Buyer and Seller. 
EASEMENTS:  Sale of the property is subject to any and all easements of record.
MINERAL RIGHTS:  The sale will include 100% of the mineral rights (if any) owned by the Seller.
AGENCY:  The Wendt Group, Inc. and its representatives are exclusively the agents of the Seller.
AUCTION CONDUCT:  Increments of bidding are at the sole discretion of the Auctioneer.  All decisions of the Auctioneer are final.
DISCLAIMER AND ABSENCE OF WARRANTIES:  The property is being sold on an â??AS IS, WHERE ISâ? basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. 
All information contained in this brochure is subject to verification by all parties relying on it. No liability for accuracy, error, or omissions is assumed by the Seller or the Auction Company. Prospective bidders are responsible for performing their own due diligence and such independent investigation with respect to the property as they deem necessary or appropriate.
Announcements on the day of the sale take precedence over all prior releases, verbal and written, concerning this auction sale.