Auction opens Wednesday, August 22, 2023 Closes Tuesday, September 12, 2023 @ 1:00 pm CST with soft close Showing by appointment only- Contact Dan Clark @ 605-842-6075 or Clayton Keck @ 605-354-8468 AUCTIONS TERMS: This is a cash sale, which means potential buyers must have their financial arrangements secured prior to bidding. There will be no buyer contingencies offered or accepted for financing, inspections, or appraisals. Buyer and Sellers agree to execute a written purchase agreement within 24 hours of auction closing and to deposit with RE Broker/Auctioneer, a nonrefundable earnest money payment of $10,000.00. The nonrefundable earnest money payment will be made payable to the closing agency, Lyman County Title Company, Kennebec, SD. Buyers who are unable to close because of insufficient funds will be in default and the earnest money will be forfeited. All prospective buyers that have no prior real estate purchase/business history with Dan Clark Auction & Realty, LLC shall be required to submit a letter of credit or proof of funds from an FDIC insured lending institution or financial services company prior to being approved to bid. Dan Clark Auction & Realty, LLC and the Sellers shall have absolute discretion and authority to qualify or not qualify potential bidders. If you have any questions as to your ability to bid, contact our office in advance of the auction. Balance of the purchase price is due in certified funds at closing on or before October 12, 2023. The buyer(s) will take full possession after final payment at the date of the closing. The closing service fee that's charged by the closing agency, shall be divided equally between the buyer and the sellers. Conveyance of marketable title will be transferred by Warranty Deed. The owner's title insurance policy will be provided with the cost of title isurance fees will be divided equally between buyers and sellers. 2022 Real Estate taxes due and payable in 2023 will be paid by the Sellers. 2023 Real Estate taxes due and payable in 2024 shall be prorated to the date of the closing, based on the most current county information. DISCLAIMER: Property information provided was obtained from sources deemed reliable, however, the Seller(s) and Broker/Auctioneer are not making any guarantees to its accuracy. Each potential bidder shall be responsible for conducting, at their own risk, independent inspections, inquiries, and due diligence concerning the property. The sellers makes no warranty whatsoever for the property and specifically disclaims all warranties of fitness for a particular purpose of any warranty. Potential buyers are encouraged to conduct both on-site and off-site inspection of the property to the extent deemed neessary and rely upon their own pre-auction inspection when bidding. The winning bidder(s) acknowledges that they are representig themselves or have hired representation using their own financial means to coplete the online only auctiion sales transaction. Dan Clark, Broker/Auctioneer and Dan Clark Auction & Realty, LLC Brokerage Firm and all associated licensees are acting as agents for the Sellers and will be representing only the Seller's interest in this transaction. This Real Estate property is being sold subject to the Sellers confirmation. Buyers Premium 5% plus 6.2% state & city sales tax will be added to the final bid. The laws of the State of South Dakota govern this agreement. Any dispute arising from the terms of this auction shall be brought in a court of Brule County, South Dakota.

105 N Main Street, Chamberlain, SD LEGAL: LOT 8 BLK 9 Orig Chamberlain Formally know as Downtown Antiques Two Story Building w/full unfinished basement Located on a busy main street with store frontage Built in 1900 Brick, Block and wood contruction Building has propane & electrical heat source & window air conditioners Lot Size 22' X 120' Total Building Square Footage- 6,600 Main Floor: 2,200 sq.ft. (22' x 100') with store front canopy (22' x 11') Used for commercial retail showroom & storage area, kitchen area & 1/2 bathroom Top Floor: 2,200 sq.ft. (22' x 100') used for living quarters with kitchen, living room, bedroom and bathroom. Also, a large storage room. Apartment has separate entrance from retail store Basement: 2,200 sq.ft. (22' x 100') used for mechanical room and large storage area, and workshop area Rubber roof new in 2005 Lighting & wiring update in 2022 Rear building access Real Estate Taxes: $1,265.64