Lot # : 1 - Mississippi County 932+/- Acres

Terms and Conditions for Mississippi County, MO 932.7 +/- acres Online Auction Terms & Conditions: 1. PROCEDURE: Bidding will begin on Monday, March 6th, 2023, at 12:00 pm NOON (CST) and will end on Monday, March 20th, 2023, at 5:00 pm (CST). This online auction will be a soft close, which means that a bid in the final minute will extend bidding by 5 additional minutes. This is an auction of 932.7 +/- acres of land located in Mississippi County, Missouri selling in gross dollars. 2. BUYERS PREMIUM: A 10% Buyers Premium will be added to the final (high) bid price for the sale contract total amount. 3. ACCEPTANCE OF BID PRICES: Once accepted, this agreement shall be binding on the parties and their successors and assigns. The winning bidder will enter a purchase contract immediately upon being declared the winning Bidder by the Auctioneer. Upon conclusion of the auction, the winning Bidder will be sent an email that contains a purchase contract. Legacy Farm & Land Specialist, LLC must receive a signed copy of the contract on or before 12:00 NOON Tuesday, March 21st, 2023. Contract can be delivered in-person, by fax, or email. The Seller reserves the right to reject any and all bids. This agreement is not subject to inspections, financing, other contingencies, or any delays to the closing for such reason. 4. AS-IS: Real Estate is being sold As Is, Where Is with no expressed or implied warranties. Please have financing arranged and make all inspections prior to the end of bidding. 5. BIDDING: Once a bid is submitted, a bid cannot be retracted. 6. CLOSING: Closing shall be on or before 5:00pm (CST) Wednesday, April 19th, 2023. 7. POSSESSION: Possession will be given at closing. 8. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s). 9. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Checks (Business or Personal) or Wires will be accepted. 10. REAL ESTATE TAXES: The 2023 taxes will be prorated at closing. Buyer responsible for full payment of taxes when they become due and payable. All prior years taxes are paid. 11. Bidder shall not have any kind of claim against Legacy Farm & Land Specialist, LLC, or anyone else if the bidder experiences any technical difficulties, before or during the auction. No exceptions. 12. The information contained herein is believed to be accurate; but no liability for its accuracy, errors or omissions is assumed by the seller. Buyers should perform due diligence to their satisfaction. All lines drawn on maps, photographs, etc. are approximate. There are no expressed or implied warranties pertaining to this property.