FARM * HOME * BARNS * AUCTION in ENSIGN, KANSAS

Wednesday, October 20, 2021

United Country | Heritage Brokers & Auctioneers
Online Auction Bidders AgreementTHIS IS A LEGALLY BINDING DOCUMENT. IF YOU DO NOT UNDERSTAND THE TERMS AND CONDITIONS AS SET FORTH HEREIN, PLEASE CONSULT AN ATTORNEY PRIOR TO SIGNING.I ________________________________ (Buyer) agree to immediately enter into the Real Estate Auction Purchase Contract approved by Seller, if I am declared the high bidder (winning bidder) by the auctioneer during the following auction: 22615 FF Road, Ensign, Gray County, Kansas, 67841.Legally Described as:The Northeast Quarter (NE/4) of Section Ten (10), Township Twenty-nine (29) South, Range Twenty-seven (27) West of the 6th P.M., Gray County, Kansas, EXCEPT one (1) acre located in the Northeast corner, reserved for a cemetary.Bidding Open & Close Dates/Times: Online Bidding Opens on Tuesday, September 21st, 2021 at 6:00pm CT Online Bidding Closes on Wednesday, October 20th, 2021 at 6:00pm CT By signing below, I agree that I have read and fully understand the Online Auction Bidders Agreement and the Terms and Conditions of this auction.I fully understand and agree that an Online Auction Bidders Agreement MUST be signed and returned to the auction company, prior to being allowed to bid in the Online Auction. As a bidder, it is solely my responsibility to contact the auction company at (877) 318-0438 with any questions regarding the auction, purchase agreement, or terms & conditions, prior to placing any bids in said auction. Online Auction Terms & ConditionsSeller?s Confirmation: The property is being offered in an Online Only Auction, with all bids being subject to approval by Seller.Auction Bidding Registration: Online bidder hereby acknowledges that they must be properly registered for the online auction by completing and signing the (Online Auction Bidders Agreement), which will be sent by email via DocuSign. Upon completing this registration form and receiving approval, bidding privileges will be turned on. If you need assistance with registration, you may contact Lucinda Terrel at (816) 420-6257 or by email at [email protected] Seller(s) may at their sole discretion request additional registration requirements from any bidder unknown to them or the auction company.Bidding Opens/Closes: The Online Only Auction (i.e. Internet Auction) bidding shall be opened and begin closing on the dates and times stated above. Property Preview: It is highly recommended that all bidders personally inspect the property prior to placing any bids in the auction. Property inspections are the sole responsibility of the bidders and can be conducted during the property preview dates as advertised. The property may also be inspected by scheduling an appointment with the Auction company at (877)318-0438.No Financing Contingency: By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder?s ability to obtain financing. By placing a bid in this auction, bidders are making a ?cash offer? to purchase the property and financing is NOT a contingency in the purchase agreement.Buyer?s Premium: A Five Percent (5%) Buyer?s Premium shall be added to the final bid price place online, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyer?s Premium shall be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 5% buyer?s premium = total purchase price of $105,000).Purchase Contract: Winning bidder hereby agrees to enter into a Contract to Purchase the property immediately upon being notified of the Seller?s acceptance of their winning bid. Upon the close of the auction the winning bidder will be forwarded via email the Auction Real Estate Sales Contract to purchase the property. A signed copy of the Auction Real Estate Sales Contract must be received by the Auction Company (Heritage Brokers & Auctioneers) within 24 hours from the time said Purchase Contract was sent to the winning bidder. The Auction Real Estate Sales Contract will be sent using Docusign for electronic signature. A copy of the Auction Real Estate Sales Contract is available for review online prior to placing any bids in the auction.Down Payment: A non-refundable down payment of Ten Percent (10%) of the total contract purchase price will be wire transferred or hand delivered in the form of certified funds to the Title Company no later than 48 hours following the close of auction. See closing agents contact information below. The balance of the purchase price will be due in full at closing.Closing: Closing shall be on or by November 19th, 2021. Closing shall take place at High Plains Title, LLC, Dodge City, KS 67801. Closing Agent is Mitch Little and their phone number is 620-225-6574, email is [email protected] Out of state buyers will be afforded the opportunity to close via email, mail and wire transfer of certified funds. Easements: The sale of the property is subject to any and all easements filed of record.Minerals: All mineral rights owned by sellers (if any) shall transfer with the surface. Survey: No survey is required to transfer title to the property and the Seller shall not provide any additional survey. If the Buyer desires a survey, it shall be at the Buyer?s sole expense and shall not be a contingency or requirement in the purchase contract. Possession: Possession of the property will be given upon payment in full of the purchase price and transfer of title, at closing.Title: Seller shall provide a Preliminary Title Commitment for the property being sold. Buyer shall pay for the issuance of the Title Policy for the property being sold and transferred. Seller shall execute a Warranty Deed conveying the property to the buyer(s).Taxes: Seller shall pay any previous years taxes (if due), and the current year?s real estate taxes shall be prorated to the date of closing.Online Auction Technology (Disclaimer): Under no circumstances shall Bidder have any kind of claim against United Country ? Heritage Brokers & Auctioneers, Broker of record, or anyone else, if the Internet service fails to work correctly before or during the auction. Online bidding is subject to technology faults and issues which are outside the control of the auction company. Bidder(s) are encouraged to use the ?Maximum Bid? feature on the bidding platform and lock in their maximum bid amount, if they are concerned about technology failure during the auction. The SELLER and/or Auction Company reserves the right to (pause) the online auction bidding in the event of any internal or external technology failure, to preserve the integrity of the auction event and maintain a fair and impartial bidding environment.Soft Close: If a bid is received within the last 3 minutes of the auction, the auction close time will automatically extend 3 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates "snipers" and encourages fair and impartial bidding from all participants.Disclaimer: All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice. There are no warranties either expressed or implied pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller?s reserve price (if applicable). The property is available for and subject to sale prior to auction. By participating in this auction, Buyers hereby acknowledge that any bid(s) placed by them is a binding agreement to purchase the property, subject to the bid being approved by Seller (if applicable).Pre-Auction Offers: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions, and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that ?an offer? has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller?s acceptance.
ONLINE ONLY, Ensign, KS
ONLINE ONLY AUCTION * 7R Farm Company Inc.159+/- ACRE FARM * BARNS * BRICK HOME * CATTLE GRAZING CROPLAND * 100,000+/- BUSHEL GRAIN STORAGE * LIVESTOCK CORRALSOnline Bidding Closes: Wednesday, October 20th, 2021 @ 6:00 PM (CST)Property Preview: Contact Darrin Addison at (620) 338-0894 to view the property/home.Location: 22615 FF Road, Ensign, Kansas 67841Legal Description: (NE/4) of Section 10-T29S-27W Gray County, Kansas.Directions: From the intersection of State Highway 23 and 56, go south 5 ¼ miles on State Hwy 23 to Country Road FF, then east 4 ½ miles to the NW corner of the farm. (Watch for Signs). General Description: This Gray County farm consists of 159+/- acres with a brick home, multiple barns and sheds and a large grain storage facility. The farm offers a good amount of tillable cropland acres and sufficient grass pasture to make this a well balanced rural investment property. The brick home is approximately 1,322 sq/ft of living area with 2 bedrooms, 1 bath, kitchen, living, and a nice sized bonus room. Outside the home there are multiple outbuildings, barns, sheds and buildings (see description below). In addition there are livestock working corrals and an older milk barn. The grain facility has approximately 100,000 bushel storage capacity, complete with a commercial grain dump pit and elevator leg to supply the individual storage bins. The home is in good shape for the age and the property has been well cared for over the years. This is a working farmstead with a lot of agricultural improvements. Residence Features:1,322 sq/ft. (m/l) ranch home2 Bedroom1 BathroomKitchenLiving RoomDining Room off of kitchenKitchen in basementOriginal wood flooringBrick exteriorMove in readySheds:Utility building 36? x 60?Tool shed 14? x 32? Round top 40? x 78?Storage shed 14? x 68?Barn 40? x 40?Utility shed 14? x 40?Storage shed 46? x 100?Utility shed 50? x 100?Grain Storage:100,000 bu. (+/-) grain storage facilityGrain elevator & legCommercial grain pit Land:68.3 +/- acres cropland88.94 +/- acres native pastureFSA INFORMATION: According to the Gray County, Kansas Farm Services Agency, there are 65.43 cropland acres, with a 35.2 acre wheat base / 32 bushel yield, and a 0.2 acre sorghum base / and a 45 bushel yield. POSSESSION: of the farm will be given upon payment in full of the purchase price and transfer of title at closing. TAXES: The current year's taxes will be prorated to the day of closing. All previous years taxes will be paid by Seller. MINERALS: All mineral rights owned by sellers (if any) shall transfer with the surface. PERSONAL PROPERTY: Any livestock or farm equipment, hunting equipment, and personal property currently located on the farm does not sell and may be removed prior to closing and possession. AUCTIONEERS NOTE: These types of well balanced farms which have cropland, pasture, brick home, outbuildings, grain storage and livestock facilities do not come available at auction very often. If you?re looking for a great Kansas investment farm that has it all, then this property is it. Contact the auction company with any questions regarding the farm or the online bidding process, by calling (877) 318-0438. SELLERS: 7R Farm Company Inc.Auction Manager: Darrin Addison (620) 338-0894Broker / Auctioneer: Shawn Terrel CAI, AARE, UCMA
Lot #: 1

159+/- Acres Ensign, Gray County, Kansas

159+/- ACRE FARM * BARNS * BRICK HOME * CATTLE GRAZING *CROPLAND * 100,000+/- BUSHEL GRAIN STORAGE * LIVESTOCK CORRALSLegal Description: (NE/4) of Section 10-T29S-27W Gray County, Kansas.Directions: From the intersection of State Highway 23 and 56, go south 5 ¼ miles on State Hwy 23 to Country Road FF, then east 4 ½ miles to the NW corner of the farm. (Watch for Signs). General Description: This Gray County farm consists of 159+/- acres with a brick home, multiple barns and sheds and a large grain storage facility. The farm offers a good amount of tillable cropland acres and sufficient grass pasture to make this a well balanced rural investment property. The brick home is approximately 1,322 sq/ft of living area with 2 bedrooms, 1 bath, kitchen, living, and a nice sized bonus room. Outside the home there are multiple outbuildings, barns, sheds and buildings (see description below). In addition there are livestock working corrals and an older milk barn. The grain facility has approximately 100,000 bushel storage capacity, complete with a commercial grain dump pit and elevator leg to supply the individual storage bins. The home is in good shape for the age and the property has been well cared for over the years. This is a working farmstead with a lot of agricultural improvements. Residence Features:1,322 sq/ft. (m/l) ranch home2 Bedroom1 BathroomKitchenLiving RoomDining Room off of kitchenKitchen in basementOriginal wood flooringBrick exteriorMove in readySheds:Utility building 36? x 60?Tool shed 14? x 32? Round top 40? x 78?Storage shed 14? x 68?Barn 40? x 40?Utility shed 14? x 40?Storage shed 46? x 100?Utility shed 50? x 100?Grain Storage:100,000 bu. (+/-) grain storage facilityGrain elevator & legCommercial grain pit Land:68.3 +/- acres cropland88.94 +/- acres native pastureFSA INFORMATION: According to the Gray County, Kansas Farm Services Agency, there are 65.43 cropland acres, with a 35.2 acre wheat base / 32 bushel yield, and a 0.2 acre sorghum base / and a 45 bushel yield. POSSESSION: of the farm will be given upon payment in full of the purchase price and transfer of title at closing. TAXES: The current year's taxes will be prorated to the day of closing. All previous years taxes will be paid by Seller. MINERALS: All mineral rights owned by sellers (if any) shall transfer with the surface. PERSONAL PROPERTY: Any livestock or farm equipment, hunting equipment, and personal property currently located on the farm does not sell and may be removed prior to closing and possession. AUCTIONEERS NOTE: These types of well balanced farms which have cropland, pasture, brick home, outbuildings, grain storage and livestock facilities do not come available at auction very often. If you?re looking for a great Kansas investment farm that has it all, then this property is it. Contact the auction company with any questions regarding the farm or the online bidding process, by calling (877) 318-0438.

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Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. United Country | Heritage Brokers & Auctioneers, agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.