AUCTION TERMS Date / Time: Ending at 10 a.m. on March 27, 2025 Bidding: On-Line Bidding only. CONTACT KERKHOFF AUCTION FOR ONLINE BIDDER ASSISTANCE IF NEEDED. Buyers Premium: None Survey: None Acres: 77.39 M/L Fertilizer: New Buyers shall reimburse the former tenant, at closing, $3,172.17 for fall applied fertilizer. Plowing: Purchaser shall be responsible to pay, at closing, for fall tillage – 37.42 Ac x 18.55 (Chisel Plow) = $694.14 and 37.12 x $37.00 (chopping and Ripping = $1,372.70 $1,372.70 + $694.14 = $2,066.84 Possession: Spring of 2025 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 May 1, 2025, the date of closing. Buyer to reimburse former tenant for the fall applied fertilizer from 2024. Buyer to pay at closing for fall tillage. Buyer to pay real estate taxes on the 2025 real estate tax statement and thereafter. Buyer shall assume levied or pending assessments, if any. The land is being offered subject to conservator and court approval. Closing date may have to be altered based on court approval timeline. 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. Closing shall be coordinated with Shari Fischer through Fischer Law in New Ulm, MN. Owner Confirmation: The land is being offered subject to conservator and court approval. Closing date may have to be altered based on court approval timeline.