REAL ESTATE TERMS & CONDITIONS Deposit of $75,000 for Tract #1 and $15,000 for Tract's #2 and #3, (non-refundable), due on the day of auction when the successful bidder will execute a standard real estate contract. Buyers shall provide a bank letter of credit in the amount of the deposit or through prior arrangements suitable to sellers and auctioneer. The remainder of the purchase price is due at closing on or about October 15th, 2020. Sellers will pay transfer tax and provide a clear marketable title at closing. Real Estate taxes will be prorated to the date of closing. The property is being sold ?As is where is?. Closing handled by Fred Greder of Benchmark Agribusiness, Mason City. The buyer is responsible to perform their own due diligence in regard to the value, condition, and fitness of the property. Sellers have the right to reject any or all bids. Statements the day of the auction will take precedence over all prior communications, written or oral. The information gathered for brochures and website is from sources deemed reliable but cannot be guaranteed by Auctioneer or Seller. All acres are considered more or less. Online Bidding This is a Live, Webcast Auction. Pre-bidding can be placed now. The auction will go live on auction day at the scheduled start time. Online bidders can place bids at any time from now and during the Live Auction. There will be a "chat" window on the right side of the auction screen during the live event in which bidders can ask specific questions during the live auction. Please contact the Auctioneer prior to auction day with any questions as we likely will not be available for phone calls while the auciton is in progress. If you have trouble with operating the platform during the auciton, call Greg Miller 641-220-2198.