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 the date of closing. All future taxes will be the responsibility of the Buyer(s).

Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. 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-IS-WHERE-IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company.

Possession: Possession will be granted at closing, July 13, 2023 or other such date agreed to by the parties in writing, subject to any current leases.  

Earnest Payment: A 10% earnest money payment is required with the signed purchase agreement on the day of the auction The payment may be in the form of cashier’s check, personal check, company check, or wired funds. All funds will be deposited and held by McCarthy Abstract Title & Escrow Co. of O'Neill, NE, the closing agent.

Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with McCarthy Abstract Title & Escrow Co. of O'Neill, NE, the required earnest payment. The cost of title insurance and any escrow closing services will be equally paid by both the Seller and Buyer(s). Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing will be on or before July 13, 2023, or any such date agreed to by the parties in writing. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of McCarthy Abstract Title & Escrow Co. of O'Neill, NE.

Auction Sales: The real estate will be offered as fourteen individual tracts. All bids are open for advancement, Starting Thursday, June 8, 2023 at 8:00 A.M. CDT and closing on Tuesday, June 13, 2023 at 1:00 P.M. CDT subject to the automatic bid extend feature outlined in these terms and conditions. Auctions are timed events and subject to extended bidding due to bidding activity.  Any bid placed withine five minutes of the auction ending will automaicallyextend the auction for five minutes from the time the bid is placed.  The auto-extend feature remains active until no further bids are placed within the five minute time frame.  All decisions of Farmers National Company are final


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.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National 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 Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National 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): Estate of James A. Widtfeldt

Auctioneer: Farmers National Company, O'Neill, NE

Online Simulcast Bidding Procedure:

Online bidding will begin on Thursday, June 8, 2023, at 8:00 AM,CDT  and will close Tuesday, June 13, 2023 at 1:00PM CDT with a staggered closing of the tracts.

To Register and Bid on This Auction Go to:

www.FNCBid.com

Bidders can also bid in person at Farmers National Company office located at 423 East Douglas Street, O'Neill, Nebraska 68763.  Farmers National Company will walk through the online bidding process through the main office computer.  

All bids on the tract will be visible online, but the identity of bidders is confidential. See auction terms and conditions for minimum bid requirements and details.

Server and Software Technical Issues:

In the event there are technical difficulties related to
the server, software, or any other online auction-related technologies, Farmers National Company reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Farmers National Company shall be held responsible
for a missed bid or the failure of the software to function properly for any reason.