Total Acres: 320+/-

Crop Land Acres: 108.30 (FSA Figures)
Pastureland-Grassland Acres: 207.65
Summary: Tract 1 is a nice combination unit with cropland
and grassland. Grassland is currently hayed and soybeans
were harvested in the 2019 cropping season. Great access
from county road 161 st Street. Soils for this tract
predominately consist of Eakin-Peno complex and Highmore –
Peno complex with a 2-6% slope. These soils are a Class II
soils with a productivity index of 55-73. The predominate soils
for the cropland is Highmore silt loams. These Class II soils
have a productivity index of 91-92 and some of the most
productive cropland soils in Potter County. Portions of the
grassland could be converted into cropland. Current operation
is under written lease. Lease available upon request.

Legal Description: TWN 118N- RG 76W – Potter County
Section 3: SW1/4
Section 4: SE1/4
2019 Taxes: $ 3340.90

Legal Description: TWN 118N- RG 76W – Potter County
Section 10: SW1/4;NW1/4
2019 Taxes: $ 4335.14

Legal Description: TWN 118N- RG 76W – Potter County
Section 10: NE1/4

2019 Taxes: $ 1749.36

Legal Description: TWN 118N- RG 76W – Potter County
Section 3: SW1/4
Section 4: SE1/4
Section 10: SW1/4; NW1/4; NE1/4

2019 Taxes: $ 9,425.40

DOWN PAYMENT: This is a cash sale auction. Buyer is required to pay ten percent (10%) nonrefundable earnest
money deposit of purchase price on the day of sale. Balance of purchase price shall be paid in cash at the time of final
closing. Your bidding is not conditional upon any financing. Buyer must have financing in place prior to sale day. An
entire unit purchase will be subject to auction terms and conditions.
SELLER CONFIRMATION: Sale shall be subject to confirmation by the Seller. The Seller reserves the right to reject
any and/or all bids received on tract/tracts without cause or reason for such rejection.
REAL ESTATE TAXES: The 2019 real estate taxes, payable in 2020 will be paid in full by the Seller. The 2020 real
estate taxes payable in 2021 will be paid by the new Buyer. Real Estate Taxes are subject to reassessment under new
owner.
COUNTY/FSA RECORDS:   Tracts will be sold by legal description and acres as provided by the Potter County
offices.  Acres are not survey accurate.  All maps used are for illustration and marketing purposes only and are from
sources deemed reliable; however, accuracy is not guaranteed and may not depict actual boundary lines. All FSA Farm
Program crop bases and yields if any, as determined by the local FSA office, will transfer upon final closing. Crop bases
will be divided according to the county FSA office.
POSSESSION/LEASE: Subject to existing written lease. Lease to expire December 31 st , 2021. Rents for the 2020 and
2021 season to be assigned to the Buyer. Lease available upon request.
TITLE: Title insurance will be provided following the execution of a real estate purchase agreement. Title insurance
costs to be split 50%Seller—50%Buyer. Seller agrees to provide and execute a proper deed conveying the real estate to
the Buyer(s) by appropriate deed. Real Estate will be free and clear of all liens, but subject to easement, reservations,
mineral conveyances, and exceptions of records, as well as statutory rights of way.
FINAL CLOSING: Final closing shall take place on March 24 th , 2020, or as soon after the auction date as closing
arrangements and documents can be completed. In addition to Seller’s retention of the non-refundable earnest money,
seller shall have all remedies, in law or in equity in the event that the Buyer fails to close.
MINERAL RIGHTS: 100% of the mineral rights now owned by the Seller will pass to the Buyer. Seller makes no
warranty of mineral rights owned, if any.
PURCHASE AGREEMENT: Successful bidders will execute a real estate purchase agreement immediately following
the auction. Purchase agreement will be made available for review prior to the start of the auction.
AGENCY: Dakota Land Company will be acting as exclusive agents of the Seller with the duty to represent the
Seller’s interest exclusively.
DISCLAIMER: All information gathered for auction purposes was provided by the Potter County Governmental offices.
The information is believed to be accurate but is subject to verification by all parties relying on it. The property is being sold
“AS IS, WHERE IS” basis, and no warranty or representation either expressed or implied, concerning the property such as
boundaries, water supply, or soil productivity, or acreages, is made by the seller or the broker/auction company. All
prospective buyers are strongly encouraged to conduct an independent investigation of the property. Dakota Land Co will not
be responsible for typographical errors, misprints, or inaccurate information as provided by the Seller, County Offices, or
County FSA Office. All maps that have been put together for Property Information Package are approximate and are from
sources deemed reliable; however, accuracy is not guaranteed. Maps are not to scale. Existing fence boundaries may change
from actual survey conducted. All acreages are approximate and have been estimated based on legal descriptions.
Announcements made by the auctioneer or broker prior to the start of the auction will take precedence over any
previously printed material.

From Gettysburg,SD go east on SD Hwy #212 to 309 th Avenue approximately 1 mile, go
north 2.5 miles and you will be at Tract #3. From SD Hwy #83 go to 161 st and head east
2.5 miles and you will be at Tract #1.