Land Auction
87 Acres, Saline and Cooper Counties, Missouri
Tuesday, December 15, 2020 • 11:00 AM
at The Old School House, Main Street, Arrow Rock, Missouri

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 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 Auction Company.

Possession: Possession will be granted at closing on

January 15, 2021, or such other date agreed to by the

parties.

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, or company check. All funds will be deposited

and held by Truman Title.

Contract and Title: Immediately upon conclusion

of the auction, the high bidder(s) will enter into a real

estate contract and deposit with Truman Title 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 will be paid

by the Seller. The cost of any escrow closing services

will be equally paid by the Seller and Buyer(s). Sale is

not contingent upon Buyer(s) financing.

Closing: The sale closing will be January 15, 2021, or

such other date agreed to by the parties. The balance

of the purchase price will be payable at closing in

cash, guaranteed funds, or by wire transfer at the

discretion of Truman Title.

Auction Sales: The real estate will be offered as one

individual tract. 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 the Auction 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 the Auction Company will take

precedence over any previous printed materials or oral

statements. The Auction 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: Beverly Cook

Online Simultaneous Bidding Procedure:

The online portion of this auction begins on

Monday, November 16, 2020, at 10:00 AM.

Bidding closes on Tuesday, December 15, 2020, at

the close 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.