Real Estate: We will be selling at auction 164.5 acres more or less, with 100 acres tillable, offering amazing hunting. The farms lays nice and will be sold as one tract. The acreage is currently planted in beans, with the tenant reserving the right to harvest the crop.

Directions to Property: Property is located approximately 3 miles West of Highway 151 and Shelby County Road 410, South of Clarence, Missouri. (the West property line begins on the corner of Ostrich and Mahogany, 0.5 miles from Highway V on Mahogany) Look for signs on the property. Auction to be held at Scotty’s Auction Barn and Event Center.

Seller: Greenwood Farms

Real Estate Terms & Conditions:

1. PROCEDURE: All bids placed are by the Acre. In the first round of bidding, the property will not be considered “SOLD” but will be considered “PENDING”. When all tracts are considered “PENDING”, the auctioneer will meet with the seller and the land will be opened back up for additional bids.

2. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies that delay the closing for any such reason.

3. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Personal or Cashier’s Checks will be accepted. This is “AS IS, WHERE IS” and is non-refundable.

4. CLOSING: Closing shall be within 30 days of the auction date.

5. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant(s) if any.

6. TITLE: Seller shall furnish the buyer(s) at Sellers expense an Owners Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).

7. REAL ESTATE TAXES: Real Estate taxes shall be prorated as of the date of closing between the Seller and the Buyers.