MANNER OF SALE: This real estate will be offered as a “MULTI-PARCEL” auction in 2 individual tracts and in combination. It will be sold in the manner that produces the highest aggregate bid. There will be OPEN BIDDING on both tracts and the combination during the auction as determined by the auction company. Bids on both tracts and the total property may compete. Auction procedure and increments of bidding are at the discretion of the auction company.
TERMS: 10% down day of sale, with the balance to be paid on or before February 19, 2010 or upon such terms as may be acceptable to the Seller. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. All funds will be held by the auction company in their trust account or by an identified title/escrow company. Bidding is not contingent upon financing. Financing, if necessa...
TERMS: 10% down day of sale, with the balance to be paid on or before February 19, 2010 or upon such terms as may be acceptable to the Seller. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. All funds will be held by the auction company in their trust account or by an identified title/escrow company. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Announcements made day of sale take precedence over printed material and previously made oral statements.
MINERAL RIGHTS: Seller reserves ½ of the Seller’s mineral rights for a term of 25 years, or as long as production exists, with said reservation to be non-participating in lease monies, delay rentals and bonuses, but fully participating in royalties.
CLOSING: On or before February 19, 2010.
POSSESSION: Date of closing.
REAL ESTATE TAXES: Seller will pay taxes for 2009 and all prior years. Taxes for 2010 will be the responsibility of the Buyer(s).
2008 Taxes: Tract 1 = $15,373.34
Tract 2 = $ 5,748.82
ACCEPTANCE OF BIDS: Each successful bidder will be required to enter into a Farm & Ranch Real Estate Purchase Contract immediately following the auction. Copies of the contract will be available from the auction company prior to the sale.
EVIDENCE OF TITLE: Sellers will provide title insurance to the Buyer(s) in the amount of the purchase price with the premium to be paid one-half by the Buyer(s) and one-half by the Sellers. Title evidence will be provided on sale day.
ACREAGES: Acreage figures are considered to be approximate and are from reliable, sources
INSPECTIONS: Each potential bidder is responsible for conducting their own independent inspections & due diligence concerning pertinent facts about the property. Neither Sellers or Farm & Ranch Realty, Inc., its agents or representatives, are making any warranties about the property, either expressed or implied. Statements, while not guaranteed, are from reliable sources.
EASEMENTS: This sale is subject to all rights-of way and easements, whether recorded or not, and to oil and gas leases of record, if any.
AGENCY: Farm & Ranch Realty, Inc., its agents and representatives are the Exclusive Agents of the Sellers.
AUCTIONEER’S NOTE: “Corman Ranch” located N of Crawford, NE, within 100 miles of the Black Hills. It is currently operating as cow/calf ranch and consists of approximately 7,100 deeded acres of grassland with abundant flood irrigated hay meadows for winter feed, PLUS an additional 3,189 acres currently leased. The ranch is well-watered from pipelines, seasonal springs and reservoirs. There are five cross-fenced pastures. Canyons provide excellent winter protection for livestock, and excellent undisturbed wildlife. There is a modest ranch headquarters with good working corrals and calving barns. The couple currently operating the ranch are interested in continuing on – THIS RANCH IS TRULY SELF-CONTAINED.
Call for a tour – DON’T MISS THIS AUCTION!
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