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Terms:
A payment equal to 20% of the purchase price will be due the day
of the auction. The balance will be due on or before March 11,
2010 by cash, certified funds or a direct wire transfer to the
trust account of the closing agent. At closing the sellers will
present a title insurance binder indicating marketable title
vested in the name of the seller. Cost of that title insurance
will be paid equally by the buyer and seller.
The sellers will
give First Right of Refusal to the purchaser of the excepted
8.50 acre acreage, should they elect to sell it outside the
family at a later date.
Possession:
Full possession will be given to the purchaser for the 2010 crop
year. The 2009 and all prior taxes will be paid by the seller.
The 2010 and all subsequent taxes will be paid by the purchaser.
This sale is not
contingent upon the ability of the purchaser to secure
financing. Please make all inspections and needed financing
arrangements prior to the auction date.
Ruhter Auction &
Realty Inc. is acting as Sellers Agents. |