The property is being sold subject to advertised sale terms and any announcements made at the auction plus the following TERMS below: ONLINE INTERNET TERMS: Those wishing to participate online as potential interested parties/bidders shall register 24 hours prior to the auction complete the online registration at www.pikebid.com in order to bid online. All online registration requirements MUST be completed 24 hours prior to the day of the auction. REAL ESTATE AUCTION SALE TERMS: This is an "ABSOLUTE - NO RESERVE AUCTION", so all potential bidders and buyers should come prepared to buy. All bidders must register for a bidding number prior to bidding. At the conclusion of the auction the successful Buyer(s) will enter into a Purchase Agreement and shall make a 20% NON-refundable earnest money down-payment the day of the auction. Those parties bidding on-line will be required to wire transfer the earnest money and sign the purchase agreements the day of the auction. There will NO "Buyers Premium" charged to those bidding on-line or in person. The sale will NOT be contingent upon any buyer financing. The unpaid balance shall be due and payable in full on or before August 31, 2020, when title is passed at closing. The buyer will have possession upon closing. The Seller & Buyer(s) shall prorate all real estate taxes that are due and payable in 2020 based upon the date of closing. The Buyers shall be responsible for all 2021 taxes and any assessments and subsequent years. The property is being sold "AS IS". Property is being sold subject to any easements including road, drainage, utility or other easements of record. The prospective bidders / buyers are responsible for all inspections of the property prior to their purchase of it. The sale is subject to the seller's approval. Any statements made at the auction may take precedence over any printed information. Auction Company & Staff represent the seller in this transaction. PROCEDURE: The Property will be offered in four (4) parcels via our multi-parcel board bidding system. Please contact the auction company prior to the day of the auction if you have questions on how this system works and how to bid. NON-REFUNDABLE EARNEST MONEY DEPOSIT: Buyer(s) shall make a Non-Refundable 20% earnest money payment of the accepted bid price as down payment on the day of auction with the balance in cash at closing. Your bidding is NOT subject or conditional upon any buyer financing, so be sure that you have arranged financing, if needed, and are capable of paying cash at closing. ACCEPTANCE OF BID PRICES: Each successful bidder will be required to execute the Real Estate Purchase Agreement, if the Buyer is at the auction site immediately following the close of the auction or if the Buyer is bidding ONLINE by email or fax on the day of the auction. All such Real Estate Purchase Agreements are then subject to the Seller's written acceptance. AGENCY: Dan Pike Auction Company, LLC. and their representatives are the Auctioneers and exclusive agents of Seller. DISCLAIMER & ABSENCE OF WARRANTIES: All information contained here and all related materials are subject to the terms and conditions outlined in the Real Estate Purchase. Buyer has had ample opportunity to inspect the Property and is familiar with the Property, and agrees to accept the Property "AS IS" in its current condition. Seller provides no warranties as to the condition of the Property, the accuracy of apparent physical conditions of Property attributes, or the existence or condition of personal property or fixtures, if any. The Property and any improvements are sold "AS IS, WHERE IS, WITH ALL FAULTS". Seller makes no representation or warranty, and Buyer hereby knowingly and voluntarily assumes any and all risks, as to: environmental conditions; water quantity, quality or the existence or condition of the water delivery system(s) (if any); the accuracy of the acreage as set forth in any advertisements; and, the condition, existence or improvement of any easements, property lines or fence locations, if any, in relation to Property boundary lines. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, surveys, inquiries, and due diligence concerning the Property. The information provided is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. The conducting of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the Auctioneer are final. The sale is subject to the Sellers approval. AUCTIONEER RESERVES THE RIGHT TO WAIVE ANY AND ALL FORMALITIES OF SALE. Any statements made at the auction may take precedence over any printed information. INSPECTION & METHOD OF SALE: An Open House inspection will be held on Wednesday, July 1, 2020 from 9 to 11:30 A.M. or by appointment. Due to the currant COVID 19 regulations and rules regarding public gatherings it is encouraged that interested parties use our online bidding platform through www.danpikeauction.hibid.com to participate in the auction. Please register for online bidding at least 24 hours ahead of the auction. For those that wish to participate and possibly bid, but don't have access to an internet connection and would rather bid by phone that can be arranged as well by calling the Dan Pike Auction company at least 24 hours ahead of the auction to register and make arrangements. This property will be offered via Live & online webcast public auction. We will be offering the property as 4 parcels through our multi-parcel board bidding program. It will be sold in whichever way generates the highest value. Those wishing to bid online should register at least 24 hours prior to the auction by going to www.danpikeauction.hibid.com. There will be NO "Buyers Premium" for either online or in person bidders. For Additional Property Information: Go to our web site at www.danpikeauction.com and check the information brochure under the Crystal Valley Cooperative Auction area or call Dan Pike at the Dan Pike Auction Company at 507-847-3468. AUCTIONEERS NOTE: We are very honored to have been asked to represent the Crystal Valley Cooperative with the sale of this property. Please come prepared to purchase as the sellers have chosen the auction method to market this property. This will be an excellent opportunity if you are considering adding grain storage or are looking for an opportunity to expand your grain operations. This is certainly an auction that you will want to attend. The information contained in this sale bill and other information provided by the sellers & their agents is believed to be correct, but is not guaranteed. Any lines on maps are for informational purposes only and are not guaranteed to actual boundary lines of property. The potential interested parties shall make themselves familiar with the property and verify all information & data for themselves. The auctioneers and the sales staff are representing the seller. Please remember that the auction begins at 10:00 A.M. sharp. Respectfully, Dan Pike & Associates Auction Company.

CRYSTAL VALLEY: Multi-Parcel Online Internet & Live Absolute Grain Elevator Auction in Lakefield, MN on Thu, Jul 16, 2020 Multi-Parcel Live and Online Absolute Grain Elevator Auction in Lakefield, MN offered on HiBid.com in 4 Lots. Sale Location: 201 Main Street, Lakefield, MN