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

Taxes: Real estate taxes will be prorated at 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 and transfered at closing on an “AS ISWHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Sellers or Farmers National Company.

Possession: Possession will be granted at closing on December 17, 2021 or such other date agreed to by the parties. Subject to terminated farm lease.

Earnest Payment: A 10% earnest money payment is required on the day of the bidding. 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 Leff Law Firm Trust Account, the closing agent.

Contract and Title: Immediately upon conclusion of the bidding, the high bidder(s) will enter into a real estate contract with the Sellers, and deposit the required earnest payment with Leff Law Firm, L.L.P. The Sellers will provide a current abstract of title at their expense. The cost of any escrow or settlement closing services will be paid by the Buyer(s). Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing is on December 17, 2021, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in guaranteed funds or by wire transfer at the discretion of Leff Law Firm, L.L.P., the closing agent.

Sale Method: The real estate will be offered in three individual tracts. All bids are open for advancement starting Wednesday, November 17, 2021, at 12:01 AM until Thursday, November 18, 2021, at 5:00 PM, 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 within 30 minutes of the auction ending will automatically extend the auction for 30 minutes from the time the bid is placed. The auto-extend feature remains active until no further bids are placed within the 30 minute time frame.

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

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

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company nor the Sellers make 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”. Farmers National Company and the Sellers reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid.

Closing Location: Leff Law Firm, L.L.P., 222 South Linn Street, Iowa City, Iowa, or such other location agreed upon between the parties.

Sellers: David L. Eyestone and Carolyn A. Crawford

Sellers’ Attorney: Mark C. Danielson