Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s). 

Taxes: Real estate taxes will be prorated to closing

Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property including the farmstead is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company.

Possession: Possession will be granted at closing on March 15, 2022 or such other date agreed to by the parties. 

Buyer’s Premium: A 6% Buyer’s Premium will be added to the successful bid. 

Earnest Payment: A 10% earnest money payment is required on the day of the bidding. The payment may be in the form of cash, cashier’s check, personal check, company check or wired funds. All funds will be deposited and held by Layers Title of Topeka.   

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Lawyers Title of Topeka the required earnest payment. The seller will provide an owner’s policy of title insurance in the amount of the contract price. The cost of title insurance and any escrow closing services will be paid equally by both the Seller and Buyer(s). Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing will be scheduled March 15, 2022, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in guaranteed funds or by wire transfer at the discretion of Lawyers Title of Topeka.  

Sale Method: Offered in two individual tracts. All bids are open for advancement starting Tuesday, February 8, 2022. at 12:00PM until Tuesday February 15, 2022, 2:00PM. Subject to the automatic bid extend feature outlined in these terms and conditions. Auctions are timed events and subject to extendded bidding due to bidding activity. Any bid placed within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. The auto-extend feature remains active until no further bids are placed within the 10 minutes time frame. If a bid is accepted and a sales contract is executed by the seller and buyer, upon request, the agent will provide a copy of the bid sheet for that tract with any of the active bidders specific to that tract. All decisions of Farmers National Compnay are final . 

Approval of Bids: Final sale is subject to the Seller’s approval or rejection. 

Agency: Farmers National Company and its representatives are acting as Agents of the seller. 

Announcements: Information provided herein was obtained from sources deemed reliable, but neither the Auction Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, it’s condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid.

Seller(s): Lois Straily Jebo Duncan and J. Santford Duncan 

Online Bidding Procedure: Online auction begins on Tuesday February 8, 2022 at 12pm. Bidding closes Tuesday February 15, 2022, at 2PM.  
Offered in two tracts. Tract 1 consists of 4.57+/- acres and Tract 2 consists of 73.9+/- acres. 

To register and bid on this auction go to:www.fncbid.com

Server and Software Technical Issues: In the even there are technical difficulties related to the server, software, or any other online auction-related technologies, Farmers National Company reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Farmers National Company shall be held responsible for a missed bid or the failure of the software to function property for any reason. E-mail notification will be sent to registered bidders with updated information as deemed necessary by Farmers National Company.