Auction Terms and Conditions
Procedure: Property shall be sold Subject to Confirmation of
Bid by Seller.
Down Payment: Ten percent (10%) down payment the day of
auction, upon signing a purchase agreement immediately
following the close of bidding. The down payment may be paid
in the form of personal check, business check, or cashiers
check. The remainder of the purchase price is payable at
closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON
FINANCING, be sure you have arranged financing, if needed,
and are capable of paying the balance at closing.
Title: Sellers shall provide and execute a proper deed
conveying the real estate to the buyer(s). Seller to pay for
title insurance and closing costs.
Possession: Possession given at closing subject to current
farm tenant rights.
Real Estate Taxes: The real estate taxes for the year 2013
shall be paid by the seller.
Mineral Rights: The sale shall include 100% of the mineral
rights owned by the sellers.
Easements: Sale of the property is subject to any and all
easements of record.
Acreage: All acreage is approximate and has been estimated
based on current legal descriptions and / or aerial photos.
Survey: Any need for a survey shall be determined solely by
the sellers. At sellers’ option, sellers shall provide a
survey for any parcel where there is no existing legal
description or where the tract divisions create new
boundaries. Closing prices shall be adjusted to reflect any
difference between advertised and surveyed acres.
Closing: Anticipated closing date shall be on or before
Monday, November 25, 2013 or on date mutually agreed upon
between the buyer(s) and the sellers conducted at the office
of Accurate Land Title – 218 Broadway – Hannibal, MO
63401 Phone 573-221-1002
Agency: Wheeler Auctions & Real Estate and its
representatives are Exclusive Agents for the sellers.
Disclaimer: The property is being sold on an “as is, where
is” basis, and no warranty or representation, either express
or implied, concerning the property is made by either the
sellers or the auction company. Each bidder is responsible
for conducting its own independent inspections,
investigations, and all due diligence concerning the
property and the auction. Information contained in this
brochure is subject to verification by all parties relying
on it. Diagrams/dimensions in this brochure are
approximate. Acreage is estimated. All information
contained in this brochure and any related materials are
subject to the terms and conditions of sale outlined in the
purchase contract. Auction conduct and bidding increments
are at the sole direction and discretion of the auctioneer.
All decisions of the auctioneer are final. The sellers and
the Auction Company reserve the right to preclude anyone
from bidding if there is a question as to the person’s
credentials, fitness, intent, etc.

New Data, Corrections and Changes: Please arrive prior to
scheduled auction time to inspect any changes, corrections
or additions to the property information. ALL ANNOUNCEMENTS
AND INFORMATION GIVEN FROM THE AUCTION PODIUM SHALL TAKE
PRECEDENCE OVER PREVIOUSLY PRINTED OR STATED ADVERTISEMENT.

ALL INTERNET BIDDERS MUST BE REGISTERED BY NOON THE DAY
BEFORE THE AUCTION IS TO BE HELD.