160 Acres M/L – Dryland
Time: 3 PM MDT Date: November 13, 2019
Auction Location: Minnick Building at Baca County Fairgrounds
Legal: SE 1/4 33 -Twp. 29S Rge. 47W
Property Location – 4 miles North of Springfield to CR KK then 4 miles West on KK to SE Property Corner
Acreage: Assessed 160 – FSA Cropland 160.87
FSA Data: Crop Base Ac PLC Yield Wheat 54.33 25 Grain Sorghum 18.42 31 Sunflowers 8.6 1192 Total 81.35
63% Baca Clay Loam — 0-1% Slopes
23% Wiley Loam — 0-1% Slopes
8% Camp Clay Loam
TERMS & CONDITIONS
MANNER OF SALE: This Property will be sold in one Tract of 160 acres.
TERMS: 10% down day of sale payable by personal check, corporate check, or cash at contract signing. The balance is due at Closing payable cash, electronic fund transfer funds, certified check, savings and loan teller’s check, and cashier’s check (Good Funds). The Closing is not contingent on Buyer’s financing. Any financing should be arranged prior to bidding.
POSSESSION: Subject to Year-To-Year Lease
NOXIOUS WEEDS: Noxious weeds such as bindweed, canadian thistle, johnson grass, etc. may be present on the property.
LAND TAXES: Seller to pay 2019 taxes due January 1, 2020 and all prior years. Buyer to pay all 2020 taxes and all years after. 2018 Taxes – 202.24
ACCEPTED BIDS: At the conclusion of the auction the successful bidder will be required to sign a Specific Performance Contract. The Contract and related documents have been prepared by Cruikshank Realty, Inc. and are available for your review in the Bidder’s Packet online. These documents are Standard Colorado Real Estate approved forms.
TITLE: Real Estate – Special Warranty Deed subject to Title Policy/Commitment exception and reservations, reservations of record, all appurtenances and warrants to the same, subject to any and all mineral reservations of record, taxes assessed for the year 2019 and subsequent years, easements and rights-of -way for roads, pipelines, telephone and electrical lines and other utilities and to the burdens of special districts and similar restrictions. A Title Commitment is available in the Bidder’s Packet.
CLOSING: Closing shall occur on December 3, 2019 at a time to be determined.
TITLE COMMITMENT – Bison Title Co.
CONDITION OF PROPERTY: All fixtures and any improvements are being sold AS IS WHERE IS, without warranty or recourse to Seller. The Land and all appurtenances are being sold in an AS IS WHERE IS CONDITION.
MINERALS: All Seller Interest, believed to be 100%.
ANNOUNCEMENT – Announcements made day of sale will take precedence over printed material and other oral statements.
WARRANTIES AND BROKERS NOTES: Cruikshank Realty, Inc. and its representatives are acting as Transaction Brokers. Cruikshank Realty, Inc. its representatives and the Seller make no warranties either expressed or implied. The property is being sold in its present and “as is” condition. All information is from sources deemed reliable, but not guaranteed. Title to the land will be guaranteed merchantable by Title Insurance equal to the selling price, subject to easements and prior reservations of record. Prospective Buyers are urged to inspect all tracts prior to Auction Day and satisfy themselves as to acreages, boundaries, wells, water system and fencing. The Seller reserves the right to Accept or Reject the final bid.
All information in this report is believed to be accurate and gathered from sources deemed to be reliable.
However, Cruikshank Realty, Inc. and its agents assume no responsibility for any error, omission, or correction.