Sappa Creek Junction Absolute Auction Terms and Conditions June 14th 2018, 11:00 A.M. ANNOUNCEMENTS AND STATEMENTS MADE BY HAYDEN OUTDOORS AT AND/OR DURING THE AUCTION WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR OTHER ORAL STATEMENTS. PROSPECTIVE BUYERS ARE ADVISED TO CONSULT WITH AN ATTORNEY OF THEIR CHOICE, WITH RESPECT TO THE PURCHASE OF ANY REAL PROPERTY INCLUDING, BUT NOT LIMITED TO, SEEKING LEGAL ADVICE FROM THEIR OWN ATTORNEY REGARDING DISCLOSURES AND DISCLAIMERS SET FORTH BELOW. AUCTION LOCATION: American Legion, 114 S. Rodehaver Ave., Oberlin, KS 67749 AUCTION FORMAT: This auction is a live and online Auction, will be offered for sale to the highest bidder(s), and will be sold absolute. The farm will be offered in two tracts, no combination will be offered. Our goal is to realize the highest return to the seller, and to satisfy all interested parties by allowing bidders, who are interested, to have the same opportunity. All bidding is open to the public. AUCTION PROCEDURES: Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. Auction is open to online registered bidders. In the event of a dispute between bidders the Auctioneer shall make the final decision to accept the final bid, to re-offer and re-sell the property, or to remove the property from the auction. If any disputes should arise following the auction, the Auctioneer's records shall be conclusive. Property is sold AS IS, WHERE IS. AUCTION REGISTRATION: All parties seeking to bid on the properties at the auction must check in online. All bidders will be required to sign a statement ("Bidders Registration") prior to commencement of bidding that the bidder has inspected the property and sale documents and is financially capable of closing the transaction. All bidding is open to the public and the property is offered for sale to qualified purchasers without regard to sex, race, color, religion, natural origin, or handicap. REQUIREMENTS OF THE HIGH BIDDER(S): Immediately following the conclusion of the auction, the highest bidder(s) shall enter into and sign a Kansas Real Estate Purchase Contract for the amount of the bid. Required earnest money deposit to be in the form of a personal, business, or corporate check for minimum of 10% non-refundable earnest money (or per contract), which is due upon the signing of the contract and to be deposited with Decatur County Title and Abstract. Purchase contract shall not be contingent upon inspection, appraisal, or financing and shall be a Specific Performance contract. CLOSING: Purchaser(s) shall pay in cash, electronic transfer funds, or cashier's check (Good Funds), the balance of purchase price (purchase price less earnest money deposit), plus their respective closing costs, and sign and complete all customary or required documents at closing, which is on or before July 23, 2018. Closing to be conducted by Decatur County Title and Abstract and the closing agent service fees to be split equally between Sellers and Purchaser(s). POSSESSION: Possession of property immediately after the sale in order to plant crops with a 20% down non-refundable. PROPERTY CONDITION: The prospective Purchaser(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition, and to rely on their own conclusions and the property is being sold AS IS, WHERE IS, without warranty, representation or recourse to Sellers or Sellers Agents. TITLE: Sellers to pass title by General Warranty Deed. The Purchaser(s) to receive a title commitment within the Property Information Packet, updated title commitment with the Purchaser(s) name, lender, purchase price, and all supplements and additions thereto after auction, and an owner's title insurance policy in an amount equal to the Purchase Price after closing. Title Insurance to be used as evidence of marketable title and cost of the premiums to be that of the Sellers. Property to be sold subject to existing roads and highways; established easements and rights-of-ways; other matters affected by title documents shown within the title commitment; and zoning, building, subdivision, and other restrictions and regulations of record. Title commitments are available for review and are incorporated into the Property Information Packet at the auction and will be incorporated and made a part of the Real Estate Purchase Contract. REAL ESTATE TAXES: Taxes to be prorated to the day of closing. LEGAL DESCRIPTION: Tract #1 - Part of the SW 1/4 of Section 16, Township 3S, Range 29W consisting of approximately 115 +/- acres subject to survey. Tract #2 - Part of the N1/2 of Section 21, Township 3S, Range 29W consisting of approximately 352 +/- acres. Legal Descriptions stated are subject to survey, existing fence boundaries or land use trades, if any. MINERAL RIGHTS: Pass with the land to the buyer. WATER RIGHTS: Pass with the land to the buyer. CROPS: Buyer will be allowed to take possession immediately after the sale in order to plant crops with a 20% down non-refundable. NOXIOUS WEEDS: N/A ACREAGES: The tracts will be sold subject to survey. The total dollar amount will be adjusted ($/acre) at closing based on the survey. All current stated acreages are approximate and are obtained from either the county tax records, current legal descriptions, and/or aerial photos, and FSA information. No warranty is expressed or implied as to exact acreages of property. There will be an adjustment of the purchase price if the acreage is different than what is stated in this brochure and/or stated at the auction. The detail brochure includes the estimated taxed acres. All price per acre calculations in the initial brochure, detailed brochure, and visual presentation at the auction are based on the County Assessor records. Any crop, base and harvest numbers are from FSA and NRCS dryland measurements. ANNOUNCEMENTS: The information contained herein has either been given to us by the owners of the properties or obtained from sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Hayden Outdoors and the Sellers assume no responsibility for the omissions, corrections or withdrawals. The prospective Purchaser(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition and to rely on their own conclusions. All property is to be sold AS IS, WHERE IS, without warranty, representation or recourse to Sellers. Purchase contract shall not be contingent upon inspection, appraisal, or financing and shall be a Specific Performance contract. Hayden Outdoors and all other agents of Broker are or will be acting as sellers agents unless noted otherwise. Announcements made by Hayden Outdoors at the time of sale will take precedence over any previously printed material or other oral statements. Hayden Outdoors reserves the right to require bank references upon request and reserves the right to refuse bids from any bidder. Bidding increments at the discretion of the Broker and/or Auctioneer. For internet-only auctions, Hayden Outdoors reserves the right to cancel and/or reopen the auction in the case of system failures.

This tract of land is located 4 miles southwest of Oberlin, Kansas at the junction of the north fork of Sappa Creek and the south fork of Sappa Creek. The land contains 467 contiguous acres with pivot irrigation, dryland cultivation, native grass and 1 1/2 miles of treed creek bottom. The property has three irrigation wells with excellent water rights and good water production. The SE 1/4 of Section 16-3-29 is leased to Seller and provides added hunting land to the Buyer of this property. This is the perfect property for trophy white tailed deer, good mulies and great turkey and upland game hunting. The property is conveniently located close to Oberlin, Kansas. It offers a 2 to 3% return on the investment if all factors of income are used. If you have been looking for a great hunting property with a return on your money, this is a "must see"!