Online Bidding Additional Terms: All bidders must register 24 hours in advance to be approved to bid online. All bidders online will be contacted by the Auction Company before they can place any bids. If the Internet Bidding for some reason fails or does not work on auction day, you the bidder agree to hold the auction company harmless of all claims. Registration For Auction: All bidders must register for a bidder number to bid in the auction. Method of Sale: The property will offered as two units at live absolute auction. Title: Seller & buyer split the cost of title insurance costs and escrow closing costs. Title insurance will be used to evidence clear title to the buyer. Real Estate Taxes: According to the Phelps County Assessor, there is no current tax information. Also there will be no taxes charged for all of the 2020 year. Taxes will start to accrue in 2021 for the buyer Earnest Deposit: Buyer shall be required to pay a nonrefundable Earnest Deposit immediately following auction with the signing of an Adam Marshall Auctioneers & Land Brokers, LLC purchase agreement. Parcel 1 in an amount of $50,000. Parcel 2 in the amount of $20,000. Closing: Cash or Certified Funds due upon closing which is to be on or before June 9th, 2020 or sooner. Buyer will have full possession upon closing. Condition: The property will be sold in as-is condition with no warranties expressed or implied. Financing: The sale of the property is not contingent upon financing. All prospective bidders will need to make arrangements prior to the auction if they require financing. Agency: All representatives of Adam Marshall Auctioneers & Land Brokers, LLC are acting as agents of the Sellers.

ABSOLUTE REAL ESTATE AUCTION Live Auction on May 5th at 1:00 PM CST To be held at the Phelps County Ag Society Seller: Southern Public Power District Live Online Bidding Available for those who can't attend. Contact: David Steinbrink (308) 991-6869 – Salesperson or Adam Marshall (308) 455-4410 – Broker Selling in 2 Parcels