Terms and Conditions Auction Terms & Conditions There will be a 2% buyers premium. All registered bidders must provide a letter of credit from a banking institution 24 hours prior to the start of the auction. Vander Werff & Associates and its Employees act merely as agents for sellers. All final bids are subject to the seller's approval. While the information we offer on item(s) is deemed accurate, no warranties are expressed or implied. Information on items is attained by us from the sellers and you agree to hold Vander Werff & Associates and their Employees harmless for any errors or oversights regarding the item(s) being sold. This information comprises but is not limited to year, model, hours, condition, options, structures, unintentional errors in cataloging, authenticity or imperfections not precisely noted and other data pertinent to the value of the item. Buyers are responsible for conducting their own examination or by a third party, during Open Houses/Inspection periods. The winning bidder will be notified via email from the Auction Company. Printed or verbal statements made by the auction company are matters of belief and are made in good faith. ALL ITEMS ARE SOLD AS-IS WHERE-IS. Online auctions have a scheduled open and close date and time. Upon your accepted bid of an article, that article shall instantly become your responsibility and be at your risk (whether you have paid for that item or not). You agree that Vander Werff & Associates, its employees, and their sellers are not responsible for lost, stolen or damaged items and will not reimburse or discount items for any theft or damages. Buyers are accountable for any costs incurred to prepare their item(s) for transport. This includes but is not necessarily limited to the cost of any load out, disassembly, or transport and any/all other costs related to physical transfer of their item(s). Buyers are required to pick up sold items on scheduled pickup dates selected by the Auction Company. If payment is not made by scheduled pickup day, all purchases due will be charged to your credit card and subject up to a 3.45% fee. You further understand and agree that failure to remove items in the stated time could result in storage, removal fees and/or forfeited to the Auction Company. By using our online auction service you are entering into a legally binding contract to purchase said item(s). Bids may not be cancelled or withdrawn for any reason. You acknowledge that the internet may be an undependable and an error prone network. Vander Werff & Associates will not guarantee that bids placed online will be conveyed to or received by the auctioneer in an appropriate time frame. You agree to hold Vander Werff & Associates and their employees harmless for any disruptions in bidding and/or auction software. The auction company shall not be held responsible for any missed bids. Further, the auctioneer has the right to accept or refuse any bid(s) at their discretion. Vander Werff & Associates retains the right to add, delete or change some or all of our online services as well as the terms and conditions without notice. Please check back and review auction terms frequently. Bidder responsibilities are but not limited to the following: All bidders must provide their name, email address, phone number, address at which they can be contacted for communication between Vander Werff & Associates throughout any transaction or auction. Bidders will be accountable and must obey any and all local, state and federal laws any/all violations will result in conclusion of bidding and website use privileges with this auction company. All bidders must be liable to provide appropriate forms of payment for items bought. Bidders recognize that this auction has live and online bidding simulataneously. The final bidding will close and remain closed as the auctioneer sells the item. A bidder can place a maximum bid on one or more lots. The current bid price does not automatically go to the max bid. When another bidder increases the current bid then the computer will automatically increase the bid in the increment specified until reaching your max bid. When paying within the stated time our acceptable payment methods are cash, check, bank wire or credit card. If a credit card is used, your account will be charged up to a 3.45% convenience fee. If paying by bank wire there will be a $10 incoming wire fee. No items will be released until paid in full. All sales are final.

40 SURVEYED ACRES IN SUMMIT TOWNSHIP, O'BRIEN CO, IA AT ONLINE ONLY AUCTION Bidding Opens Thursday, August 3 @ 12 PM Bidding Closes Thursday, August 10 @ 12 PM 5441 380th St, Archer, IA 51231 NEAR ARCHER, IA This picturesque 40 acres near Archer, IA has 23.79 +/- acres of tillable farmland, Approx 9 acres of pastureland, and acreage site. Open House: Thursday, Aug 3 from 5-6 PM Zelda Buse Christensen General Description: Selling will be 40 surveyed acres located in Summit Township, O'Brien County. This property has 23.79 tillable acres according to the FSA Office. The farm is level to gently sloped. The primary soil types on the tillable acres consist of the Sac, Galva, Primghar, Colo and Marcus series. The farm has an estimated average CSR 1 of 72.8 and a CSR 2 of 93. The remainder of the farm is comprised of approx. 9 acres of pastureland with some tile, road, ditch and acreage site. The acreage site has an older home comprised of 2 bedrooms and landing on the 2nd floor, 1 bedroom, living room, family room, 1 bathroom with walk-in shower, kitchen and entry way on the main floor. There is a partial unfinished basement with water softener and Marathon 80 gal electric water heater. The exterior of the home has vinyl siding, asphalt shingles and is connected via breezeway to a 2-car garage. Additionally there is a 40'x60' machine shed built in 1979 with 1 overhead door and 1 sliding door, 54'x64' cattle barn, ~3000 bu grain bin, 1000 gal propane tank and very nice 108'x63' machine shed formally used as a horse arena with attached 36'x60' cattle building. This acreage site has lots of privacy with a nice grove of trees. Any costs associated with bringing the septic up to Iowa Code would be the buyers responsibility. Real Estate Taxes: The estimated net real estate taxes are $1,326 per year. The taxes will be pro-rated to the buyer as of the date of possession based on the current taxes. The abstract will be continued to date. Seller guarantees a clear and marketable title on the property. Method of Sale: Bidding via online only auction with bid price on the entire 40 acres. *Not sold as bid price per acre. Brief Legal Description: Parcel A in N 1/2 of Section 32-96-41, O'Brien County, Iowa Real Estate Terms: 10% down payment upon close of auction and notification of successful bidder on August 10, 2023. Balance will be due at closing, on or before September 21, 2023. Real Estate Possession: September 21, 2023. (Subject to current lease set to expire March 1, 2024) Auction Company Note: Here is a great opportunity to purchase a beautiful acreage with over 20 acres of tillable farmland and approximately 9 acres of pastureland. This site has so much potential! Zelda was an avid horse trainer and rider. Check out the excellent horse arena! This will be an 'ONLINE ONLY AUCTION'! This method offers you the opportunity to bid at your convenience any time of the day or night. Go to our website: www.vw72.com for instructions on how to register and bid. There will be a 2% buyers premium on the real estate. If you have any questions regarding the online bidding, please give us a call at 712-729-3264 or email us as at auctions@tcaexpress.net. There will be an open house on Thursday, August 3 from 5-6 PM. Thanks for your interest, have fun bidding and please call if we can assist you in any way! Todd, Rich, Shannon and Levi Terms: This property is being sold "as-is" "where-is". Information contained within this advertising was received from sources deemed to be reliable; however, no warranties are provided by the auction company regarding these. All prospective bidders are encouraged to take whatever steps necessary to satisfy themselves regarding the sizes, condition, real estate taxes and all other information provided in this advertisement. There are no warranties expressed or implied by the auction company or auctioneers. The auction company represents the SELLERS in this transaction. Additional terms and conditions are posted on line. Not responsible for accidents. Potential bidders must agree to these terms and conditions prior to registering and bidding. Bidding means you agree to our terms and conditions. Online announcements will supersede any written advertising information. View our website for more info or to register to bid www.vw72.com Vander Werff & Associates Sanborn, IA 51248 712-729-3264 Rich Vander Werff 712-261-0298 Todd Hattermann 712-348-0111 Shannon Rydberg 850-712-7041 Levi Mouw 712-441-6898