Method of Auction
Tract 1 will sell 152.38 acres times the bid
Tract 2 will sell 107.4 acres times the bid.
The tracts will be sold individually and will NOT be combined.

Acceptance of Bids
Online bidders must register at www.spencerauctiongroup.com. Your bid is NOT subject to financing. Sellers have the right to accept or reject the final bid on both Tracts. Buyer of each tract will sign a purchase agreement immediately following the auciton and place a 10% non-refundable earnest deposit on each tract in the Judson Frisk Law Office Trust Account, where it will be held until closing.

Closing
Sellers will provide the buyer of each tract with an updated abstract. Buyer to have a title opinion by an attorney of the buyer's choice. Each party shall be responsible for paying normal closing costs associated with closing a real estate transaction. Closing shall take place on or before January 10th, 2022.

Farms America, Ed Spencer Real Estate and Spencer Auction Group, it's agents and associates, are agents for, and represent the Sellers in this transaction.  All bidders shall be considered customers, not clients.

Disclaimer
Announcements made by the auctioneer at the time of the sale or emailed to registered bidders will take precedence over any and all previously printed material, or any oral statements made. All information and related materials are believed to be accurate, but are subject to due diligence by any party relying on it.  Farms are being sold "as-is, where-is".