TERMS:

Auction Terms and Conditions

General Information: United Country- Musick & Sons Auction and Real Estate has been contracted by Busch Family Farms and Jack Ballas Farm to offer for sale at public auction the property along Highway 95 North
that is dryland farm ground, (the “Property”), consisting of 823 acres is located in Nezperce county Idaho.
The Property will be offered at a live online Multi-Parcel Auction in individual tracts, and in its entirety.

There will be a ten percent (10%) Buyer’s Premium added to the winning bid price to arrive
at the total contract price to be paid by the successful Bidder.

Auction Date/Time and Location: The live online Auction will be held on Tuesday, August 27th at 1:00pm on GoBidToday.com  you can contact the office at 208-983-7770 for more information on how to register to bid.

Property Inspection: It is the sole responsibility of the Bidder to:
a) Perform all inspections (legal, environmental, economic or otherwise) of the Property and to be satisfied
as to its condition prior to bidding. Bidder will indemnify, defend, and hold Seller harmless from any loss,
attorney's fees, expenses, or claims arising out of Bidder's investigation of the Property, except those
arising out of the acts or omissions of Seller and those for repair or remediation of existing conditions
discovered by Bidder's inspection. The obligations of Bidder under this provision will survive termination
of this contract and Closing, any other provision of this contract to the contrary notwithstanding.
b) Review all property information and materials while performing due diligence on the property.
c) Independently verify any and all information the bidder deems important including information made
available through public records.
d) Inquire of public officials as to the applicability of and compliance with land use and environmental laws,
zoning, building, health & safety codes and ordinances and any other local, state or federal laws and
regulations.
All information contained in the auction brochure and all promotional materials, including, but not limited
to, photographs, directions, acreage, square footage, dimensions, zoning, maps used for promotion,
environmental conditions, taxes, etc., was provided by or on behalf of the Seller and is believed to be
correct; however, neither the Seller nor the Broker/Auctioneer makes any promise, representation,
guarantee, or warranty as to the accuracy or completeness of such information. There is no obligation on
the part of Seller or Broker/Auctioneer to update any information. The Bidder shall be responsible for
verifying all acreage and square footage amounts through public records.

Previews: Broker/Auctioneer strongly recommends that prospective Bidder(s) personally inspect the
Property prior to the Auction. To schedule a time to visit the Property or to perform an inspection, the
Bidder and/or Bidder’s Broker should contact the auction company by calling Earl Musick( Broker/Auctioneer) at 208-284-4797.

Bidder Registration: To participate at the online Auction, a prospective Bidder must first register for the event.
The Bidder Registration and Release Form is available and can be obtained on the auction website or from
the Broker/Auctioneer upon request. Bidder must submit proof of financial ability to purchase the Property
consisting of pre-qualification for financing or ability to pay cash in the amount of not less than
$100,000. The Bidder Registration and Release Form should be submitted to Broker/Auctioneer on or by Monday, August 12th, 2024 at 5:00pm (PST). Broker/Auctioneer will notify the Bidder of their bid status
within 24 hours after receipt and verification of the abovementioned information. Seller reserves right to
waive proof of financial capability at time of Auction for individuals that are known to Seller.

Bid Acceptance, Contract Execution and Closing:
1) Upon being declared the successful high-bidder, the Bidder will be required to pay a Down
Payment (Deposit) in the amount equal to ten percent (10%) of the total contract price (which
includes the buyer’s premium). The Down Payment (Deposit): a) must be paid in U.S. Funds only;
b) paid by a wire transfer, cashier’s check, or a personal/company check (with Sellers approval);
and c) shall be held by the Closing Agent pending completion of necessary closing procedures, and
delivery of possession shall be in accordance with the Auction Sales Contract and Exhibit “A” upon
closing and funding.
2) The Bidder shall immediately execute and deliver a fully completed Real Estate Auction Sales
Contract together with all related Addenda for the Property purchased at the Auction. The fully
executed Real Estate Auction Sales Contract shall control all terms and conditions of the sale and
constitute the entire agreement between Buyer and Seller. In the event of any conflict between
these Terms and Conditions of Sale and the Terms and Conditions of such Real Estate Auction Sales
Contract; the Terms and Conditions of the Real Estate Auction Sales Contract shall prevail. NO
CHANGES TO THE TERMS AND CONDITIONS OF THE REAL ESTATE AUCTION SALES CONTRACT
WILL BE PERMITTED. BUYER WILL BE REQUIRED TO EXECUTE THE REAL ESTATE AUCTION SALES
CONTRACT “AS PRESENTED” ON THE AUCTION DATE. THIS SALE IS NOT CONTINGENT ON THE
BUYER’S ABILITY TO OBTAIN FINANCING.
3) Any person bidding on behalf on another person or entity must have a valid, legally enforceable,
unexpired, recordable Power of Attorney approved by Seller prior to the Auction. If a Bidder is
bidding on behalf of a corporation, the Bidder shall be individually bound until the Bidder presents a
corporate resolution prior to closing.
4) If for any reason the Bidder fails or refuses to deposit the required down payment funds; (on the
Auction Date, or on the first legal banking day following the Auction Date, or to execute the Real
Estate Auction Sales Contract immediately after being confirmed as the winning Bidder); the
Seller, at the Seller’s sole discretion, reserves the right to declare the Bidder’s rights forfeited and
may re-sell the Property, or may seek damages from said Bidder for losses incurred by Seller for
Bidder’s failure to act in accordance with the terms and conditions as specified herein.
5) Closing will be scheduled no later than December 15, 2024.
Buyer’s Broker Guidelines: Upon the Closing of the transaction contemplated herein, Broker/Auctioneer
shall be paid a commission pursuant to a separate written agreement between Broker/Auctioneer and
Seller. If a Buyer’s Broker is properly registered with the Broker/Auctioneer in accordance with the
guidelines specified within the Buyer’s Broker Registration Form, then at closing, the Buyer’s Broker shall
be paid a commission of two percent (3%) of the high bid amount as shown on the Real Estate Auction Sales
Contract. If for any reason whatsoever (including the default of any party hereto), the Closing hereunder
does not occur, then no commission shall be due and payable to Buyer’s Broker. To qualify for a
commission, the Buyer’s Broker must register the prospect, using the Buyer’s Broker Registration Form
provided by the Broker/Auctioneer. There will be no exceptions to the guidelines and no oral registrations
will be accepted. No Broker will be recognized or compensated that is participating as a principal, buyer or
partner in the purchase.

Disclaimer:
1) Personal on-site inspection of the Property is recommended and the bidders are advised to
independently verify all information they deem important. This Property is being sold “AS-IS”,
“WHERE-IS” and with “ALL-FAULTS”. The Seller and Broker/Auctioneer have not made, do not
make and will not make, and hereby disclaim any representation or warranty, whether expressed
or implied or statutory, whether oral or written, with respect to the Property, including, without
limitation, any warranty as to its value, condition, acreage, square footage, suitability,
merchantability, marketability, operability, zoning or subdivision regulations, mineral rights, wind
rights, water rights, environmental condition or fitness for a particular use or purpose. No
Guarantees are given as to the availability of utilities or accesses, or the permitted or allowable
uses of the Property.
2) Neither the Seller, its attorneys, any broker, nor the Broker/Auctioneer, shall be liable for any relief
including damages, rescission, reformation, allowance or adjustments based on the failure of the
Property, including, but not limited to, amount of acreage, square footage, zoning, and
environmental condition to conform to any specific standard or expectation, or to any third-party
documents or information.
Agency Disclosure: The Broker and Broker/Auctioneer are acting exclusively as the agent for the Seller in this
transaction and is to be paid a fee by the Seller pursuant to a separate written agreement between the Seller and
Broker/Auctioneer. The Broker/Auctioneer is not acting as an agent in this transaction for the Buyer. Any third party
broker is not a subagent of Broker/Auctioneer.
Equal Opportunity: All bidding is open to the public which meets the Seller's registration qualifications and
approval. The Property is available to qualified Bidders without regard to a prospective bidder's race, color,
national origin, religion, sex, familial status, or physical handicap.

BROKER AND AUCTIONEER FOR THIS AUCTION ARE SELLING AGENTS ONLY AND MAKE NO
REPRESENTATIONS CONCERNING THE PROPERTY WHATSOEVER.

DOCUMENTS: