TERMS & INFORMATION FOR ALL TRACTS

MINERAL & WATER RIGHTS: Any mineral and water rights owned by the Seller will transfer to the Buyer.

INSPECTION: The ground is open for inspection with respect to tenant’s crops. Seller and Auction Company are not liable for accidents or loss during inspection.

CLOSING: Closing shall be on or before December 27^th, 2024. The escrow closing will be conducted by the law firm Schwab & Lepant at 311 5^th Street, Fairbury, NE.

POSSESSION: Possession for all tracts will be March 1, 2025.

MANNER OF SALE: Tracts will be offered individually and will not be offered in any combination.

TERMS: An earnest deposit equal to 20% of the purchase price shall be paid the day of the auction upon signing the purchase agreement. The balance shall be paid on closing in the form of certified funds. Title insurance and escrow closing fees shall be shared equally between Buyer & Seller. Any lender’s policy or required endorsements shall be the expense of the Buyer. Charter Title shall be the title insurance company. The farms are not being sold contingent on loan approval. Make all financial arrangements prior to the auction. The property is sold in “AS IS” condition with no survey, warranties, inspections, repairs, or treatments provided or paid for by the Seller or Real Estate Firm. Buyers are encouraged to do their own due diligence. Schultis & Son, Inc. and Marshall Land Brokers & Auctioneers are agents of and represent the Seller in these transactions. Any announcements made the day of the auction take precedence over any information provided in print or otherwise.

NEBRASKA REAL ESTATE BROKER - SCHULTIS & SON, INC.

KANSAS REAL ESTATE BROKER - MARSHALL LAND BROKERS AND AUCTIONEERS

Justin P. Schultis

Nebraska Real Estate Broker

Kansa Real Estate Salesperson

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