THIS IS A COMPLETED SALE
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202+/- Acres, Floyd County, Iowa
Previous Page Listing ID#: 1321732

Auction Location
706 Fairfield Street, Floyd Iowa

Auction Dates and TimesSALE IS COMPLETED
Monday Sep 13, 2021 Completed Thursday Sep 16, 2021 Completed

Auction Type
Live Auction with Online Bidding VIEW ONLINE CATALOG

Company Information
Farmers National Phone: 800-346-2650 Email: Info@FarmersNational.com Website: www.farmersnational.com GoToAuction.com ID#: 7942 View company information and listings

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Listing Terms and Conditions
Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s). Taxes: Real estate taxes will be prorated to closing. Conditions: This sale is subject to all easements, covenants, and restrictions of record. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS ISWHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Auction Company. Possession: Possession will be granted at closing November 9, 2021, or such other date agreed to by the parties. Earnest Payment: A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier’s check, personal check, or company check. All funds will be deposited and held in the Jim Robins P.C. Trust Account. Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Jim Robins P.C. the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be paid by the Seller. Sale is not contingent upon Buyer(s) financing. Closing: The sale closing will be November 9, 2021, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of Farmers National Company. Survey: In the event Tract 1 and Tract 2 are sold to separate parties, a survey will be completed to delineate the borderline between the two tracts. The cost of the survey will be split between Buyer(s) and Sellers, with each party paying one third of the overall cost. Final contract prices will not be adjusted to reflect any difference between the advertised and actual surveyed acres. Approval of Bids: Final sale is subject to the Seller’s approval or rejection. Agency: Farmers National Company and its representatives are acting as Agents of the Seller. Auction Sales: The real estate will be offered as Buyer’s Choice, with the choice going to the high bidder to take one or both tracts. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer are final. Announcements: Information provided herein was obtained from sources deemed reliable, but neither the Auction Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by the Auction Company will take precedence over any previous printed materials or oral statements. The Auction Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid. Seller(s): Golly Farm Service Inc Auctioneer: Joel Ambrose

Listing Terms and Conditions

Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s).

Taxes: Real estate taxes will be prorated to closing.

Conditions: This sale is subject to all easements, covenants, and restrictions of record. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS ISWHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Auction Company.

Possession: Possession will be granted at closing November 9, 2021, or such other date agreed to by the parties.

Earnest Payment: A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier’s check, personal check, or company check. All funds will be deposited and held in the Jim Robins P.C. Trust Account.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Jim Robins P.C. the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be paid by the Seller. Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing will be November 9, 2021, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of Farmers National Company.

Survey: In the event Tract 1 and Tract 2 are sold to separate parties, a survey will be completed to delineate the borderline between the two tracts. The cost of the survey will be split between Buyer(s) and Sellers, with each party paying one third of the overall cost. Final contract prices will not be adjusted to reflect any difference between the advertised and actual surveyed acres.

Approval of Bids: Final sale is subject to the Seller’s approval or rejection.

Agency: Farmers National Company and its representatives are acting as Agents of the Seller.

Auction Sales: The real estate will be offered as Buyer’s Choice, with the choice going to the high bidder to take one or both tracts. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer are final. Announcements: Information provided herein was obtained from sources deemed reliable, but neither the Auction Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Any announcements made auction day by the Auction Company will take precedence over any previous printed materials or oral statements. The Auction Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid.

Seller(s): Golly Farm Service Inc

Auctioneer: Joel Ambrose