THIS IS AN INTERNET ONLY AUCTION, no live auction will be held. If you prefer to turn in an absentee bid in person, please call 573-291-8075 to make arrangements. All bidders registering for this auction will have to be approved by the Auction Company before any bids can be placed to prevent an unqualified bidder from placing bids (example: an underage person or a person with a fraudulent bidding account). If bidder is known to Auction Company they will be approved quickly after registration. If bidder isn't known to Auction Company, a phone call with Auction Company staff or possibly a refundable deposit may be required before placing online bids. STAGGERED/DYNAMIC CLOSING: The auction will begin closing on Sunday, August 2nd, 2020 at 5:00 PM Central Time. The closing time will be automatically extended an additional 2 minutes whenever a bid is placed within the last 2 minutes of the auction. Please note: Tract 2 will be scheduled to close 2 minutes after Tract 1. If the bidding extends at the end of the auction on Tract 1, Tract 2 will also extend accordingly by the same amount of time. Bidders will still have 2 minutes to bid on Tract 2 after the close of Tract 1. If you have questions about this process, please call the Auction Company. Deposit: The winning bidder is required to bring a deposit of $5,000.00 per tract purchased to the office of Schneider Auctioneers LLC and execute a purchase agreement the next business day following the conclusion of the online auction. Deposit must be in the form of personal or business check. Balance must be paid at closing within 60 days when good title & possession will be granted. The bidding on this land will be by the acre, not a total lump sum amount. The software will multiply the price per acre by the number of acres in the tract and calculate the total price (plus buyer's premium) for bidders as they place bids. This property sells to the highest bidder regardless of price. This property sells AS-IS without warranty. This property sells without contingencies. Any inspections or financing needed by the buyer must be made before the auction at the buyer's expense. Buyers Premium: A 3% buyer's premium will be added to the final bid. Example: If you bid $100,000.00, the total sale price at closing will be $103,000.00 plus closing costs. The auctioneer reserves the right to cancel, suspend, extend or reschedule an auction event or to make changes to the auction closing times only in the event of any unforeseen technical or legal problems. Possession & Closing: The sale shall be closed within 60 days of auction closing at the office of York Title & Abstract, 1155 Aguilar Dr., Montgomery City, MO 63361- Telephone: 573-564-8021 on or before the 1st day of October, 2020. The seller at closing will convey good and marketable title. Buyer & Seller will be responsible for customary closing costs issued by the title company of which all can be seen in our sample sale contract shown below. Server & Software Technical Issues: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Schneider Auctioneers, LLC reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Schneider Auctioneers, LLC shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications will be sent to registered bidders with updated information as deemed necessary by Schneider Auctioneers, LLC.

117.72 Osage County Online Land Auction