Terms and Conditions Auction Terms & Conditions All registered bidders must provide a letter of credit from a banking institution 24 hours prior to the start of the auction. Vander Werff & Associates and its Employees act merely as agents for sellers. All final bids are subject to the seller's approval. While the information we offer on item(s) is deemed accurate, no warranties are expressed or implied. Information on items is attained by us from the sellers and you agree to hold Vander Werff & Associates and their Employees harmless for any errors or oversights regarding the item(s) being sold. This information comprises but is not limited to year, model, hours, condition, options, structures, unintentional errors in cataloging, authenticity or imperfections not precisely noted and other data pertinent to the value of the item. Buyers are responsible for conducting their own examination or by a third party, during Open Houses/Inspection periods. The winning bidder will be notified via email from the Auction Company. Printed or verbal statements made by the auction company are matters of belief and are made in good faith. ALL ITEMS ARE SOLD AS-IS WHERE-IS. Online auctions have a scheduled open and close date and time. Upon your accepted bid of an article, that article shall instantly become your responsibility and be at your risk (whether you have paid for that item or not). You agree that Vander Werff & Associates, its employees, and their sellers are not responsible for lost, stolen or damaged items and will not reimburse or discount items for any theft or damages. Buyers are accountable for any costs incurred to prepare their item(s) for transport. This includes but is not necessarily limited to the cost of any load out, disassembly, or transport and any/all other costs related to physical transfer of their item(s). Buyers are required to pick up sold items on scheduled pickup dates selected by the Auction Company. If payment is not made by scheduled pickup day, all purchases due will be charged to your credit card and subject up to a 3.45% fee. You further understand and agree that failure to remove items in the stated time could result in storage, removal fees and/or forfeited to the Auction Company. By using our online auction service you are entering into a legally binding contract to purchase said item(s). Bids may not be cancelled or withdrawn for any reason. You acknowledge that the internet may be an undependable and an error prone network. Vander Werff & Associates will not guarantee that bids placed online will be conveyed to or received by the auctioneer in an appropriate time frame. You agree to hold Vander Werff & Associates and their employees harmless for any disruptions in bidding and/or auction software. The auction company shall not be held responsible for any missed bids. Further, the auctioneer has the right to accept or refuse any bid(s) at their discretion. Vander Werff & Associates retains the right to add, delete or change some or all of our online services as well as the terms and conditions without notice. Please check back and review auction terms frequently. Bidder responsibilities are but not limited to the following: All bidders must provide their name, email address, phone number, address at which they can be contacted for communication between Vander Werff & Associates throughout any transaction or auction. Bidders will be accountable and must obey any and all local, state and federal laws any/all violations will result in conclusion of bidding and website use privileges with this auction company. All bidders must be liable to provide appropriate forms of payment for items bought. Bidders recognize that this auction has live and online bidding simulataneously. The final bidding will close and remain closed as the auctioneer sells the item. A bidder can place a maximum bid on one or more lots. The current bid price does not automatically go to the max bid. When another bidder increases the current bid then the computer will automatically increase the bid in the increment specified until reaching your max bid. When paying within the stated time our acceptable payment methods are cash, check, bank wire or credit card. If a credit card is used, your account will be charged up to a 3.45% convenience fee. If paying by bank wire there will be a $10 incoming wire fee. No items will be released until paid in full. All sales are final.

78.2 +/- ACRES IN NOBLES CO, MN @ LIVE & ONLINE AUCTION Tuesday, October 5, 2021 @ 10:30 AM 78.2 +/- acres in Section 19-103-41, Summit Lake Twp, Nobles Co, Minnesota Jim & Joy Van Dyke Estate Auction to be held at the Reading Community Center - GYM 26991 200th Street, Reading, MN 56165 Location: From Reading, MN go 4 miles west on 200th St. OR from Wilmont, MN go 4 miles south on Blacktop 60 then 2 miles east on 200th St. Signs Posted! General Description: Selling will be a 78.2 +/- acre farm located in Summit Lake Township, Nobles County, Minnesota. The primary soil types on the farm consist of the Delft, Clarion-Crooksford, Nicollet, Webster, and Omsrud-Storden series. The productivity index on the tillable acres is 93.5. According to the FSA office the farm has approximately 43.34 tillable acres with the balance consisting of 28.2 acres of CRP ground, grass land, roads and ditches. Brief Legal Description: The E 1/2 of the SE 1/4 excluding the acreage site in Section 19-103-41, Nobles County, Minnesota. Property contains 78.2 +/- acres. CRP: The CRP acres have three different contract expiration dates. 14.3 acres with a payment of $254.30 per acre expire on September 30, 2031. 4 acres with a payment of $271.56 per acre expire on September 30, 2025. 9.9 acres with a payment of $189 per acre expire on September 30, 2028. The total payment for 2021 was $5,496 for the CRP contracts and will remain with the sellers. The 2022 payment with an increase on the 14.3 acre contract and all future payments will go with the buyer. Easement: There is wind turbine easement to a turbine on the adjoining farm to the north resulting in a payment of $10 per acre made annually. The lease is in effect through December 25, 2042 with option to extend the lease through 2052. Farm Corn Base/Corn Yield: The corn PLC yield is 155 bushels and the corn base is 42.6 acres. Real Estate Taxes: The real estate taxes payable in 2021 will be paid by the sellers, the purchasers will be responsible for the 2022 real estate taxes payable. The estimated net real estate taxes are $2542 per year. Method of Sale: Bid price per acre times 78.2 +/- acres via live and online auction simultaneously. Terms: 10% nonrefundable down payment is due on the day of the auction. The balance will be due on December 3, 2021. A late charge will apply for buyers delaying the closing. The abstract will be continued to date. The buyers will have 10 days from receipt of abstract to have the abstract examined. The sellers guarantee a clear and marketable title on the property. The owners reserve the right to reject any and all bids. Successful online bidder will be notified at the conclusion of the auction. Online bidders must agree to these terms and conditions as well as online conditions prior to registering and must be verified 24 hours prior to start of auction. Attorney for the sellers and closing agent: Todd Ahlquist, Ahlquist & Wiltrout PC, Worthington, MN 507-372-2322 Possession: December 3, 2021 (Subject to current lease which will expire March 1, 2022). Auction Company Note: We are pleased to offer this Summit Lake Township farm on behalf of Jim and Joy Van Dyke Estate! The farm will be sold from the Reading Community Center Gym on October 5, 2021. Check out our website at www.vw72.com for additional information. If you have any questions, give us a call and we thank you for your interest. Rich, Todd, Levi, and Shannon Note: This farm is being sold "as is." While every effort has been made to ensure the accuracy of the information herein provided, no warranty is given and no responsibility is assumed by the auction company, the auctioneers, the seller or their agents concerning condition of the property, the corn bases, corn yields or other supplied information. Property is being sold subject to any easements, including road, drainage, utility or other easements of record. All prospective purchasers are encouraged to inspect and verify information provided herein. Vander Werff & Associates Inc., represent the sellers for this transaction. Any announcements made the day of will supersede this advertisement. View our website for more info or to register to bid www.vw72.com Vander Werff & Associates Sanborn, IA 51248 712-729-3264 Rich Vander Werff 712-261-0298 Todd Hattermann 712-348-0111 Levi Mouw 712-441-6898