Hwy 75, Luverne, MN 56156

Abbreviated Legal of Property 1: A Tract in the South 1/2 of the SW1/4 of Section 11, TWP 101N, Range 45W, Rock County, MN. Sold subject to wellhead protection area easement. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record. Abbreviated Legal of Property 2: Tract 1(Legal Only) in the W1/2 of Section 14, TWP 101N, Range 45W, Rock County, MN. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record. Abbreviated Legal of Property 3: Tract 2(Legal Only) in the W1/2 of Section 14, TWP 101N, Range 45W, Rock County, MN. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record. Abbreviated Legal of Property 4: Tract 3(Legal Only) in the W1/2 of Section 14, TWP 101N, Range 45W, Rock County, MN. Sold subject to all recorded easements including but not limited to any wind, drainage, water line, electric line, manure easements, and any/all other easements, if any and all public roads/road right of ways of record. Method of Sale: Property's will be sold with the final bid price times the gross surveyed acres of each property. Property's will be sold in the choice method with the top bidder in the round of choice having the option to select the property of their choice or as many of the remaining property's that are still remaining. Auction will continue in this method until all of the properties have been sold. Once a property is sold it will remain sold and will not be available to bid on again. Possession: Buyer will receive full possession on March 1, 2027 if closing occurs prior to March 1, 2027 or on closing day if closing occurs after March 1, 2027. These farms are available to farm for the 2027 crop year. Closing Day: Closing day shall be on or before May 5, 2027. However, the seller shall reserve the right to request that the buyer close on a 30 day notice at any time prior to May 5, 2027 if seller desires as the seller may desire to complete a 1031 exchange with the proceeds of the property which may require the sale to close earlier. Buyer shall be required to be ready to close on a 30 day notice if the seller desires to close earlier than May 5, 2027. Only the seller may trigger the requirement for the property to close on a 30 day notice prior to May 5, 2027. Closing shall not extend past May 5, 2027. Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day. Buyer shall receive a clear and merchantable title to the property on closing day. Closing agent and escrow agent shall be Winter Title & Abstract. Title insurance shall be utilized for this transaction and cost of the owners policy shall be split 50/50 between the buyer and seller. Closing fee shall be split 50/50 between the buyer and the seller. An abstract shall not be provided. Buyer shall be solely responsible for any lender's title insurance policy if required. Buyer shall be required to accommodate the seller with a 1031 exchange. Seller shall be responsible for all costs of the sellers 1031 exchange.