TERMS:

TERMS: This is a cash sale. Closing and landlord possession will be on or before November 18th, 2016, as this property is sold subject to a lease for the 2016 farming season expiring March 31, 2017. Food plots will be harvested during harvest. Hunting rights will be given at closing. Buyer to assume CRP contract and will receive CRP payments beginning in (October) 2017. Upon acceptance of the sale by the seller, a non-refundable earnest money deposit equal to 10% of the sale price due at the conclusion of the auction. If buyer is not immediately available at the conclusion of the auction, the purchase agreement and 10% non-refundable earnest money deposit must be complete within 24 hours from the close of the auction. The balance will be due at closing. Merchantable title will be conveyed and title insurance cost will be divided 50-50 between the buyer and seller. Closing costs are to be split 50-50 buyer and seller. All of the 2015 RE taxes due and payable in 2016 will be paid by the seller. The 2016 real estate taxes due in 2017 will be payed by the seller as a credit at closing, based on the previous years’ taxes. The seller does not warranty or guarantee that existing fences lie on the true boundary, and any new fencing will be the responsibility of the purchaser pursuant to SD statutes. A survey will not be provided and will be the purchasers responsibility if needed or requested. FSA yields, bases, payments and other information is estimated and not guaranteed and are subject to County Committee Approval. Information contained herein is deemed to be correct but is not guaranteed. Sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all Jerauld County Zoning Ordinances. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Announcements made day of sale take precedence over any written materials. Subject to 7% Buyer’s Premium. Said property is sold as is. The propane tank is owned by the COOP. This sale is subject to seller confirmation. Not responsible for accidents.