THIS IS A COMPLETED SALE
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511 ± Acres, Lyon County, MN
Previous Page Listing ID#: 242662

Auction Location
Lyon County, Minnesota

Auction Dates and TimesSALE IS COMPLETED
Friday Dec 4, 2020 Completed Wednesday Dec 9, 2020 Completed

Auction Type
Live Auction with Online Bidding VIEW ONLINE CATALOG

Company Information
Farmers National Phone: 800-346-2650 Email: Info@FarmersNational.com Website: www.farmersnational.com GoToAuction.com ID#: 7942 View company information and listings

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Listing Terms and Conditions
Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s). Taxes: Real estate taxes for 2020 payable in 2020 will be paid by the Seller. All future taxes will be the responsibility of the Buyer(s). 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 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 or about January 15, 2021 or such other date agreed to by the parties. Subject to current lease. Earnest Payment: A 10% earnest money payment is required on the day of the bidding. The payment may be in the form of cashier’s check, personal check, company check, or wired funds. All funds will be deposited and held by the closing agent. Contract and Title: Immediately upon conclusion of the bidding, the high bidder(s) will enter into a real estate contract and deposit with the closing agent the required earnest payment. The Seller will provide a current abstract of title at their expense or the cost of title insurance will be equally paid by both the Seller and Buyer(s). The cost of any escrow closing services will be equally paid by both the Seller and Buyer(s). Sale is not contingent upon Buyer(s) financing. Closing: The sale closing is on or about January 15, 2021 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 the closing agent. Survey: At the Seller’s option, the Seller shall provide a property survey sufficient to provide good title where there is not an existing legal or where new boundaries are created. Final contract prices will not be adjusted to reflect any difference between the advertised and actual surveyed acres. Sale Method: The real estate will be offered in three individual tracts. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. The real estate will sell in the manner resulting in the highest total price. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer 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 Farmers National Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its 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: Estate of Jean Shrader Auctioneer: Marshall Hansen Online Simultaneous Bidding Procedure: The online bidding begins on Friday, December 4, 2020 at 1:00 PM. Bidding will be simultaneous with the live auction on Wednesday, December 9, 2020, with bidding concluding at the end of the live auction. To register and bid on this auction go to: www.fncbid.com All bids on the tract will be visible on-line, but the identity of bidders is confidential. See auction terms and conditions for minimum bid requirements and details. Server and Software Technical Issues: In the event 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 properly for any reason. E-mail notification will be sent to registered bidders with updated information as deemed necessary by Farmers National Company.

Listing Terms and Conditions

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

Taxes: Real estate taxes for 2020 payable in 2020 will be paid by the Seller. All future taxes will be the responsibility of the Buyer(s).

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 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 or about January 15, 2021 or such other date agreed to by the parties. Subject to current lease.

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

Contract and Title: Immediately upon conclusion of the bidding, the high bidder(s) will enter into a real estate contract and deposit with the closing agent the required earnest payment. The Seller will provide a current abstract of title at their expense or the cost of title insurance will be equally paid by both the Seller and Buyer(s). The cost of any escrow closing services will be equally paid by both the Seller and Buyer(s). Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing is on or about January 15, 2021 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 the closing agent.

Survey: At the Seller’s option, the Seller shall provide a property survey sufficient to provide good title where there is not an existing legal or where new boundaries are created. Final contract prices will not be adjusted to reflect any difference between the advertised and actual surveyed acres.

Sale Method: The real estate will be offered in three individual tracts. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. The real estate will sell in the manner resulting in the highest total price. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer 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 Farmers National Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its 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: Estate of Jean Shrader

Auctioneer: Marshall Hansen

Online Simultaneous Bidding Procedure: The online bidding begins on Friday, December 4, 2020 at 1:00 PM. Bidding will be simultaneous with the live auction on Wednesday, December 9, 2020, with bidding concluding at the end of the live auction. To register and bid on this auction go to: www.fncbid.com All bids on the tract will be visible on-line, but the identity of bidders is confidential. See auction terms and conditions for minimum bid requirements and details.

Server and Software Technical Issues: In the event 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 properly for any reason. E-mail notification will be sent to registered bidders with updated information as deemed necessary by Farmers National Company.

Listing Information
A-19168 1 Tract: 1 Property Location: From Highway 23 and County Road 33 (290th Street) go east two miles to County Road 73 (290th Avenue) for Tract 1.Legal Description: • Tract 1: (191+ acres) NW4 & NE4 SW4... 2 Tract: 2 Property Location: From Highway 23 and County Road 33 (290th Street) go east two miles to County Road 73 (290th Avenue) for Tract 1. From Tract 1 or (County Road 73 and 290th Street), go four miles... 3 Tract: 3 Property Location: From Highway 23 and County Road 33 (290th Street) go east two miles to County Road 73 (290th Avenue) for Tract 1. From Tract 1 or (County Road 73 and 290th Street), go four miles...

Listing Information

A-19168

Tract: 1
Property Location: From Highway 23 and County Road 33 (290th Street) go east two miles to County Road 73 (290th Avenue) for Tract 1.Legal Description: • Tract 1: (191+ acres) NW4 & NE4 SW4...

Tract: 2
Property Location: From Highway 23 and County Road 33 (290th Street) go east two miles to County Road 73 (290th Avenue) for Tract 1. From Tract 1 or (County Road 73 and 290th Street), go four miles...

Tract: 3
Property Location: From Highway 23 and County Road 33 (290th Street) go east two miles to County Road 73 (290th Avenue) for Tract 1. From Tract 1 or (County Road 73 and 290th Street), go four miles...

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511 ± Acres, Lyon County, MN

Farmers National

Contact:
Phone: 800-346-2650

Lyon County, Minnesota
,

Friday Dec 4, 2020 Completed
Wednesday Dec 9, 2020 Completed

Listing Details
A-19168 1 Tract: 1 Property Location: From Highway 23 and County Road 33 (290th Street) go east two miles to County Road 73 (290th Avenue) for Tract 1.Legal Description: • Tract 1: (191+ acres) NW4 & NE4 SW4... 2 Tract: 2 Property Location: From Highway 23 and County Road 33 (290th Street) go east two miles to County Road 73 (290th Avenue) for Tract 1. From Tract 1 or (County Road 73 and 290th Street), go four miles... 3 Tract: 3 Property Location: From Highway 23 and County Road 33 (290th Street) go east two miles to County Road 73 (290th Avenue) for Tract 1. From Tract 1 or (County Road 73 and 290th Street), go four miles...