Farmland, Franklin, MN 55333

PARCEL # 3 of 5 AUCTION TERMS Date / Time: Ending at 10 a.m. on October 22, 2024 Bidding: On-Line Bidding only. CONTACT KERKHOFF AUCTION FOR ONLINE BIDDER ASSISTANCE IF NEEDED. Survey: None Acres: 367.15 M/L – Offered in 5 Parcels Plowing: New Buyers shall plow back once the 2024 crop has been removed Possession: Once the 2024 Crops have been removed Auction Terms: Successful bidder is required to enter into a non-contingent purchase agreement and pay a $40,000 non-refundable down payment, per parcel purchased, the day of auction. Balance is due with certified funds on November 26, 2024, the date of closing. Seller to pay real estate taxes on the 2024 real estate tax statement and buyer 2025 and thereafter. Sellers shall retain the 2024 cash rent and CRP payment. Buyer to receive CRP payment for 2025 and thereafter. Buyer shall assume levied or pending assessments, if any. Buyer to plow back the land once the 2024 crops have been removed. The land is being offered subject to owner confirmation. All information is obtained from reliable sources, however, the auctioneers or agents do not accept responsibility for information presented, as it is the buyer’s responsibility to verify all information. Announcements made on auction day take precedence over printed material. ADDITIONAL TERMS ON PARCELS Parcel 1: 20’ Ingress / Egress Field Road Easement along the West Line allowing North property owner(s) access to their land. Parcel 2: .90 Acres CRP – Payment $90.00 – Expires 9/30/2029 Seller to Retain 2024 payment and buyer to receive 2025 and thereafter Parcel 4: Notice of weight restricted bridge crossing – Parcel 5: 20’ Ingress / Egress Field Road Easement along the West Line allowing North property owner(s) access to their land. Owner Confirmation: Land is sold subject to owner confirmation