Buyer Prospectus informa onal booklet for the

The Family of Karna Krick Estate

152.70 Acre +/‐

Farmland Auc on

Tuesday, April 7, 2015

@ 10:30 A.M.

SALE LOCATION

The auc on will be held at the Country Host Restaurant at junc on of

Highway #59 & #30 in Slayton, MN.

Watch for auc on signs the day of the auc on.

Auc on Conducted By:

“Serving auc on clients in Minnesota & Iowa since 1975.”

410 Springfield Parkway

Jackson, MN. 56143

507‐847‐3468

www.danpikeauc on.com

  

 

  

 

The Family of Karna Krick Estate

152.70 acres +/- Farmland Auction

Lime Lake Township, Murray County, MN

SALE LOCATION: The auction will be held at the County Host Restaurant, which is located on the southeast corner of the junction of highways #59 & #30 in Slayton, MN. Watch for auction signs the day of the sale.

SALE INFORMATION: Dan Pike at the Dan Pike Auction Company 410 Spring field

Parkway Jackson, MN. 507-847-3468.

PROPERTY LOCATION:

Northwest of Avoca, Minnesota on Highway 59 approximately 1-1/4 miles to 190th Avenue, then 1/8 mile south.

LEGAL DESCRIPTION:

The Northeast Quarter (NE1/4) of Section Thirty (30), Township One Hundred Six (106), Range Forty (40), Murray County, Minnesota, EXCEPT the part described as follows: That part of the Northeast Quarter (NE1/4) of Section 30, Township 106, Range 40, Murray County, Minnesota, described as follows: Commencing at the northeast corner of the said Northeast Quarter (NE1/4); thence west along the north line of said Northeast Quarter (NE1/4), a distance of 901 feet; thence South and parallel to the east line of said Northeast Quarter (NE1/4), a distance of 619 feet to the point of beginning; thence continuing south and parallel to the east line of said Northeast Quarter (NE1/4), a distance of 706 feet; thence west and parallel to the north line of said Northeast Quarter (NE1/4), a distance of 311 feet, more or less, to the easterly bank of ditch located on said Northeast Quarter (NE1/4); thence northwesterly along the easterly line of said ditch to a point located 1125 feet south of the north line of said Northeast Quarter (NE1/4) and 1,375 feet west of the east line of said Northeast Quarter (NE1/4); thence north and parallel to the east line of said Northeast Quarter (NE1/4), a distance of 506 feet; thence east and parallel to the north line of said Northeast Quarter (NE1/4), a distance of 474 feet to the point of beginning. Together with an easement for ingress to and egress from the described premises 12 feet on either side of a line described as follows: Beginning at a point on the north line of said Northeast Quarter (NE1/4) located 913 feet west of the northeast corner of said Northeast Quarter (NE1/4); thence south and parallel to the east line of said Northeast Quarter (NE1/4), a distance of 119 feet and there said line terminates.

AUCTION TERMS: All bidders must register for a bidding number at the auction prior to bidding. The successful Buyer(s) at the conclusion of the auction will enter into a Purchase Agreement / Contract and shall make a 20% NON-refundable earnest money down-payment the day of the auction. The sale will NOT be contingent upon any buyer financing. The unpaid balance shall be due and payable in full on or before May 15, 2015, when clear title is given. The buyer will have possession for 2015 crop year. The Buyer(s) shall pay all real estate taxes that are due and payable in 2015. Property is being sold “AS IS”, Property is being sold subject to any easements including road, drainage, utility or other easements of record. The buyers are responsible for all inspections of the property prior to their purchase of it. The sale is subject to the sellers approval. Any statements made at the auction may take precedence over any printed information. Auction Company & Staff represent the seller in this transaction.

“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to be correct but

is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be the actual property boundary

lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

  

 

  

 

  

 

“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

  

 

“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

  

 

 

“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

  

 

“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

  

 

“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

  

 

“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

  

 

“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

  

 

“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

  

 

“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”

  

 

“All maps and informa on contained in this booklet and provided by the seller, seller’s agent & auc on company is believed to

be correct but is not guaranteed. All lines on any maps are also for informa onal purposes only and are not guaranteed to be

the actual property boundary lines. Buyers assume all liability for verifica on of data and informa on prior to bidding.”