By participating in this auction, the bidder agrees to the following terms and conditions:

NOMINAL OPENING BID: $575,000

RESERVE: Opening Bid of $575,000 Meets Reserve

THIS IS AN ONLINE ONLY AUCTION: If you prefer to turn in a bid in person, please call the office at (406) 259-4730 to make arrangements.

BIDDER REGISTRATION: Bidders must register with Auctioneer prior to bidding on the Property, return a signed Bid Certification form and supply a certified letter from a bank certifying funds available or credit.

BUYER'S PREMIUM: There will be an Five Percent (5%) Buyer's Premium added to the winning bid price to arrive at the total contract price to be paid by the Buyer.

AUCTION ENDING: Beginning at the stated closing time, the auction software will conclude bidding for the auction lot with the following exception: if a bid is placed in the last 10 minutes remaining for that auction lot, bidding for that lot will remain open for an additional 10 minutes or until 10 minutes pass without a bid increase.

OUTBID NOTIFICATION: Until the auction begins to close, the bidding software will notify bidders by email when they have been outbid.

ACCEPTANCE OF BID PRICE: Seller agrees to sell to the highest cash bidder at or above reserve.

AGREEMENT OF PURCHASE AND SALE: The Purchaser shall execute an Agreement of Purchase and Sale, in the form provided by the auctioneer, without modification, on June 9th, 2021 by 4:00 pm, after being declared the high bidder.

EARNEST MONEY: The Purchaser shall pay a nonrefundable amount equal to 2% of the total contract sales price when executing the agreement of purchase and sale due within 24 hours of auction close. The balance of funds will be due in full at the time of closing on or before 30 days after the auction, at Chicago Title Insurance Co. 101 River Dr N, Greatfalls, MT 59401
YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.

ESCROW AGENT: The earnest and purchase monies in respect of the property shall be paid to and deposited with Chicago Title Insurance Co. 101 River Dr N Greatfalls, MT 59401.

DEED: At closing, Seller shall execute a Deed sufficient to convey the real estate to Buyer or its nominee, in fee simple absolute, subject only to exceptions permitted herein, to be delivered to Buyer at the closing of this transaction upon Buyer's compliance with the terms of this Contract.

CLOSING: The balance of the purchase price shall be paid at or before closing. Closing shall take place on or before 4:00 PM 30 days after the auction. The Escrow Agent will schedule and conduct closing.

TITLE: Seller shall provide an Owner's Policy of Title Insurance in the amount of the purchase price, and shall execute a Deed conveying the real estate to the Buyer(s).

CLOSING COSTS: At closing, Seller shall pay for its escrow and closing fees, and all of the costs for preparation of all documents to convey the property. At closing, Purchaser shall pay for its escrow and closing fees, any and all recording fees, and all other sale, financing or closing fees as required. Taxes and association fees, if any, shall be prorated to the date of closing.

POSSESSION: Purchaser will receive possession at closing, subject to the rights of parties in possession, if any.

AS-IS SALE: With the exception of any warranties of title made to the buyer in the Deed, if any, the Property will be sold in its "AS IS, WHERE IS" condition without any representation or warranty of any kind, whether express or implied, on the part of Seller. Seller shall not be responsible for any claim or damage arising from a misrepresentation about the property made by Auctioneer, unless Auctioneer reasonably made the misrepresentation in reliance on Seller's written statement about the property. The purchaser shall have satisfied himself as to the location and condition of the property, and all descriptions thereof, before bidding. All information contained in the brochure and all promotional materials, including, but not limited to, square footages, acreage, dimensions, maps, taxes, etc., was derived from Seller and is believed to be correct; however, neither the seller nor the auctioneer makes any guarantee or warranty as to the accuracy or completeness of such information

PRE AUCTION OFFERS: Seller reserves the right to accept pre auction offers and/or sell the property prior to auction.

NO NEW SURVEY: The property will be conveyed according to the existing legal description.

AGENCY: National Auction and its representatives are exclusive agents of the Seller and are agents of no other party to this transaction.

MISCELLANEOUS: All decisions of the auctioneer are final as to the methods of bidding, disputes among bidders, increments of bidding and any other matters that may arise before, during, or after the auction. Seller reserves the right to deny any person the right to participate in the auction or to ban anyone from the auction who attempts to disrupt it.

SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, National Auction. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor NATIONAL AUCTION SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by National Auction

DEBT COLLECTION AND INTEREST CHARGE: The bidder agrees to pay all reasonable attorney fees and other costs incurred by National Auction, Inc. in its efforts to collect unpaid funds from the bidder. The bidder agrees that a fee of 2% of the outstanding balance per month be added to any unpaid balance due National Auction Any debt collection or dispute proceedings will be heard in Yellowstone County, Montana.

AGE REQUIREMENT: All bidders must be 18 years of age or older.

OWNER: Jim and Carol Eli

Montana Holter Lake Property AUCTION 20+ Acres at Beautiful Holter Lake Home, Shop and Horse Corrals Here is your chance to own your piece of Montana. This wonderful 20+ acre property is move in ready and could be a full-time resident, horse property or recreational headquarters. Year-round recreational opportunities include blue ribbon trout fishing, hunting, hiking, water sports, horseback riding and back country exploring. Property on this side of the lake offers year-round access with pavement right to your driveway. Located just 45 minutes from Helena, Montana's state capital and offers big city amenities with a small-town feel. " 500 Yards from the lake with spectacular views of the lake and surrounding mountains. " Thousands of public land acres just miles away " Paved year-round access right to your driveway. " Minutes away from Holter Marina (boat launch, slips and storage available) " Zoned Agricultural and multiple dwellings. " Horse Corrals with automatic waterers " Fenced and cross fenced " 350ft well and hydrants with excellent tested water (35 gallons per minute) " 50ftx70ft shop that is attached to the house with 16ft side walls and 3, 12x14 overhead doors. " 3 bed 2 bath 1500square foot manufactured home on full permanent foundation with 3ft crawl space and a 240sq ft deck overlooking the lake. " Home has been completely updated since 2018. " 1 RV pad with water sewer and power hookup with room for additional spots to lease for income potential. " 3 Outside none freeze hydrants. " Main water shut off to house still allows water to hydrants. Physical Address: 2792 Mountain Lion Gulch, Wolf Creek, MT 59648 Legal description: Tract 12 of Certificate of Survey No 458256/E, being located in the W1/2SE1/4NW1/4NW1/4 of Section 10, Township 14 North, Range 3 West, M.P.M., Lewis and Clark County Montana House details 1998 3 bed 2 bath 28x56 Manufactured Home detailed on permanent foundation since new with crawl space. Attached garage/shop 50x70 16ft sidewall 3 bays with 12x14 over head door and 1 storage bay. New Central A/C 2017 New stove, refrigerator, and dishwasher 2017 New deep well pump 2019 New pump house 2019 New horse water & line 2018 New furnace in pool room 2020 New metal roof on house 2020 New Anderson windows in house 2019 New paint in house 2017 New counter tops and sinks 2017 New Tile flooring in kitchen and bathtubs 2017 New laminate flooring in dinning and living room 2019 New carpet in bedrooms 2017 New wood burning stove 2019 Remodel and paint pool room 2020 Drain field checked and septic pumped 2020 No freeze up problems under the house, furnace, and hot water heater all in good working condition. All electrical outlets work inside and out. Owners: Jim and Carol Eli