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

Taxes: Real estate taxes payable in 2020 will be paid by
the Seller. All future taxes and specials 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 on
December 15, 2020 or such other date agreed to by the
parties.Subject to current lease.

Earnest Payment: A 10% earnest money payment is required
with the signed purchase agreement. 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 The Title Company, the closing agent.

Contract and Title: The high bidder(s) will enter into a real
estate contract and deposit with The Title Company, the
closing agent, the required earnest payment. The Seller will
provide a current abstract of title at their expense. The cost
of any escrow closing services will be paid equally by the
Buyer(s) and Seller. Sale is not contingent upon Buyer(s)
financing.

Closing: The sale closing is on December 15, 2020, 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 The Title
Company.

Sale Method: The real estate will be offered as one individual
tract. All bids are open for advancement starting
Thursday, November 5, 2020 at 9:00 AM until Friday,
November 6, 2020 at 11:00 AM, 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 five minutes of
the auction ending will automatically extend 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 minutes 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”. 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.

Online Bidding Procedure:
This online auction begins on Thursday, November 5, 2020 at 9:00 AM. Bidding closes Friday, November 6, 2020 at 11:00 AM.
To register and bid on this auction go to:
https://farmersnational.nextlot.com

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.
Email notification will be sent to registered bidders with
updated information as deemed necessary by Farmers
National Company.