This is a cash sale, which means potential buyers must have their financial arrangements secured prior to bidding. There will be no buyer contingencies offered or accepted for financing, inspections, or appraisals. Immediately upon the conclusion of the auction, the successful bidder(s) will be required to sign a Real Estate purchase contract and to deposit with RE Broker/Auctioneer, a nonrefundable earnest money payment of ten (10) percent of the purchase price per tract. The earnest money payment will be made payable to the closing agency, Tripp & Todd Title Company, 302 East 2nd Street, Winner, SD. Balance of the purchase price is due in certified funds at closing on or before August 1, 2018. Conveyance of Marketable Title will be transferred by Warranty Deed, free and clear of liens but subject to easements, reservations, and exceptions of record as well as statutory rights of way and other recorded easements at the time of sale. Owners Title insurance policy will be provided to the buyer for examination prior to the auction. Cost of Title insurance and closing fees will be divided equally 50% buyer & 50% seller. This property is sold AS-IS / WHERE-IS. Property is being sold by legal descriptions only. Should a property survey become necessary, it will be at the buyer’s expense. Seller(s) do not warranty or guarantee the property boundaries are accurate. Any new boundary survey will be the responsibility of the Purchaser, pursuant to South Dakota statutes. All mineral rights (if any) owned by Seller will be transferred to the Buyer(s). In lieu of a previous lease agreement, which will expire December 31, 2018, Buyer (s) will become Landlord(s) at time of closing with the option to terminate current lease for the 2019 season. Landlord(s) would be required to notify lessee by legal written notice prior to September 1, 2018 to terminate current lease.