SD Cropland Auction
Auction Date: Sept.16, 2021 - 11am
Auction Location: On-Site - Southeast of Frankfort, SD
Online Bidding Opens: Sept. 13, 2021
Legal: NW4 (Exc. Lot H-1) Sec.18-T116N-R61W, Belle Plaine Twp, Spink County, SD.
Owners: Julie A. Hengen Living Trust
Closing and landlord possession to take place on or before October 20, 2021. This land is under lease for the 2021 crop year expiring 2/28/22; however, the new owner shall be allowed access for purpose of fall tillage after harvest, conditioned upon closing. Upon acceptance of the sale by the seller, a non-refundable earnest money deposit equal to 10% with possession will be due at the conclusion of the sale. If buyer is not immediately available at the conclusion of the auction, the purchase agreement and non-refundable earnest money deposit must be complete within 24 hours from the close of the auction. The balance will be due at closing. Merchantable title will be conveyed, and title insurance cost will be divided 50-50 between the buyer and seller. Closing costs are to be split 50-50 between buyer and seller. The 2021 RE Taxes due and payable in 2022 will be paid by the seller. The 2020 RE Taxes due and payable in 2021 will be paid by the seller as a credit to the buyer at closing based on the most current tax information. The seller does not warranty or guarantee that existing fences lie on the true boundary, and any new fencing will be the responsibility of the purchaser pursuant to SD statutes. FSA yields, bases, payments, and other information are estimated and not guaranteed, and are subject to County Committee Approval. Information contained herein is deemed to be correct but is not guaranteed. Sold subject to existing easements, restrictions, reservations, or highways of record, if any, as well as any or all Spink County Zoning Ordinances. A survey/plat will not be provided and will be the purchasers responsibility if needed or requested. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Announcements made day of sale take precedence over any written materials. Said property is sold as is. This is a cash sale. This sale is subject to seller confirmation. Not responsible for accidents.