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 Bids may not be cancelled or withdrawn for any reason.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.

40.70 SURVEYED ACRES IN COON TOWNSHIP, BUENA VISTA CO, IA AT AUCTION Bidding Begins October 25, 2023 @ 12 PM Bidding Closes November 1, 2023 @ 12 PM NEAR STORM LAKE AND NEWELL, IA Property sold in two tracts Tract 1: 11.07 surveyed acre Livestock / Equipment Storage Building site Tract 2: 29.63 surveyed acres farmland in Section 32-91-35, Coon Township, Buena Vista County, Iowa 2044 590th St, Newell, IA 50568 Open House: October 25 from 4-6PM Stoney Creek Farm Cory & Valerie Meinerts Tract 1: General Description: Selling will be a great opportunity to purchase at online only auction 11.07 surveyed acres comprised of 4 livestock or equipment storage buildings with one having nice living quarters. Building 1 was a former turkey brooder building currently with a living quarters built in with the remainder used as storage. It has concrete floor throughout, 11.5" side walls and is 280' long. Building 1 has a septic system. This system may need to be brought up to Iowa Code in the event the new buyer wants to keep utilizing the living quarters with all costs associated at the buyer's expense. The living quarters have 1-bedroom, 1-bathroom with shower, full kitchen, and utility room. It has 2 mini splits offering heat and air. Appliances not included. The site also has 3 buildings that were formerly utilized as turkey grower/finisher buildings. They are 65' x 496' long, all with water, divider walls, electric, dirt floors, metal roofs and sides and utility rooms with infrared heaters. Buildings 2 and 3 each have an 11' x 13' wide sliding door. Building 4 has a 14' x 14' sliding door. Building 2 currently has extensive construction work in the works on installing underground water lines. Building 3 has water on west side above ground and no water on the east side (needs work). Building 4 has water hookups. These buildings are currently being used for sheep raising and equipment storage. The rest of the property is comprised of 3-Brock bulk bins, a 140' deep well, 8.5' x 8' storage shed with vinyl siding, asphalt shingles and wooden floor, and a 1000-gal propane tank which is currently being rented. Additionally, there are 1 1/2 loads of pea gravel split into two piles that will remain on the property as well as a gravel drive to the rear of property for easy loading and unloading. This is a must-see opportunity! Tract 1: Brief Legal Description: Lot 1 of Lot J in the NE 1/4 NW 1/4 Section 32-91-35, Buena Vista County. Exact legal according to the survey. Tract 2: General Description: Selling will be 29.63 surveyed acres located in Coon Township, Buena Vista County. This property has 23.60 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 Blue Earth, Canisteo, Nicollet, Wadena, Webster and Clarion series. The farm has an estimated average CSR 1 of 64.4 and a CSR 2 of 74.3. The remainder of the farm is comprised of drainage ditch, road, and ditch. Drainage Assessment: A large drainage project was recently done by the Buena Vista County Engineers to improve the farm. The total drainage assessment was $8350 with 5% interest paid over 10 years due in September of each year. Currently the sellers have paid the first payment on the drainage assessment of $835 amortized with 5% interest. New buyers will be responsible for the remainder of this assessment. They can pay it off annually or all at one time after they take possession. For more information please reach out to the Buena Vista County Treasurer. Corn Yield/Corn Base: The corn PLC yield is 130 bushels and the soybean PLC yield is 27 bushels. The corn base is 5.50 acres and the soybean base is 4.70 acres. Brief Legal Description: Lot J excluding Lot 1 in the NE 1/4 NW 1/4 Section 32-91-35, Buena Vista County. Exact legal according to the survey. Real Estate Taxes: The estimated net real estate taxes on both tracts are $1808 per year (this amount does not include the current drainage assessment). The taxes will be pro-rated to the buyer as of the date of possession based on the current taxes. Method of Sale: Bidding via online only auction. *Tract 1: Will be sold as total dollars-Not sold as bid price per acre / Tract 2: Bid price per acre times 29.63 surveyed acres. Real Estate Terms: 10% down payment upon close of auction and notification of successful bidder on November 1, 2023. Balance will be due at closing, on or before December 13, 2023. The abstract will be continued to date. Seller guarantees a clear and marketable title on the property. Real Estate Possession: December 13, 2023. Auction Company Note: Here is a great opportunity to purchase a property with so much potential! Whether you are looking for farmland, storage or livestock buildings this is the property for you! Make sure and join us at our open house! 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 Wednesday, October 25 from 4-6 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. Vander Werff & Associates, Inc Sanborn, IA 51248 www.vw72.com Are you looking to sell give one our expert auctioneers a call today! 712-729-3264 Todd Hattermann 712-348-0111 Shannon Rydberg 850-712-7041 Rich Vander Werff 712-261-0298 Levi Mouw 712-441-6898