Montevideo, MN 56265(Chippewa County)

Located in Section 24 of Tunsberg Township

Includes approximately 38.38 tillable acres

CPI Rating: 93.2

Soil types include Eckman silt loam, Waubay silty clay loam, Parnell silty clay loam, and Colvin-Quam complex

Tar road access along the north from Co Road 13

Tract 2 - 80.33 surveyed acres

Located in Section 24 of Tunsberg Township

Includes approximately 79.3 tillable acres

CPI Rating: 91.9

Soil types include Byrne silt loam, Waubay silt clay loam, Colvin-Quam complex, Eckman silt loam, and Parnell silty clay loam

Access along the east side from 70th Ave SW

METHOD & TERMS

The Johnson farm will be sold on a price per acre basis, based on surveyed acres. Both tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either of the tracts for their high bid. If the high bidder does not elect both offered tracts, then the remaining tract will continue to be offered Buyers Choice until both tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer 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 Friday, December 12, 2025.

The seller will provide an abstract showing clear and marketable title. Buyer responsible for title insurance if desired. Seller will pay all the 2025 real estate taxes. Buyer will pay all 2026 taxes and beyond. Buyer will receive possession after the 2025 crop has been removed. New buyer will be responsible for fall tillage. Open lease for 2026 crop year and beyond.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made 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 pertaining to this property. Real estate is being sold AS IS.

Representing Attorney:

Mr. Brad Schmidt | Johnson, Moody, Schmidt & Kleinhuizen

320 1st St. South, Willmar, MN 56201 | (320) 235-2000

Auction Manager:

Allen Henslin (320) 979-1808