LAND AUCTION - WILDER BUFFALO RANCH ON 22,103+/- Acres offered in 13 Tracts in Sioux & Corson Counties

Sioux County, North Dakota & Corson County, South Dakota

Owner: Wilder Sat, Oct 17, 2015 EASTERN

AUCTION IS OVER

• Wilder Buffalo Ranch • 22,103 +/- Total Acres offered in 13 Tracts • 19,599+/- Deeded Acres, Plus 2,504+/- Leased Acres • 5,880+/- Total Acres in Sioux County, North Dakota • 4,760+/- Deeded Acres, Plus 1,120+/- Leased Acres • 16,223+/- Total Acres in Corson County, South Dakota • 14,839+/- Deeded Acres, Plus 1,384+/- Leased Acres • Excellent Fencing • Productive Farmland • 7,838+/- Acres FSA Cropland • Good Water • 900+/- Head Feed Lot • Suitable for Buffalo


OPEN HOUSE/INSPECTION DATES

Meet a Schrader Representative at the headquarters on Tract 7 for Auction Information. Or Call 800-451-2709 for a Private Inspection.
Wednesday, September 16th from 1pm - 4pm
Thursday, October 1st from 10am - 1pm

AUCTION LOCATION

Mobridge Country Club, Oahe Hills Golf Course
12631 SD Hwy 1804, Mobridge, South Dakota 57601
Directions:
From the intersection of US-12 and SD-63 in McLaughlin, SD, travel north on SD-63 for 6 miles to the property headquarters on the east side of the road.

TRACT DESCRIPTIONS

Tract 1: 160± ac
Deeded Acres-160+/- Acres
Good pasture land, tillable w/good road frontage and good fence.

Tract 2: 266± ac
Deeded Acres-266+/- Acres
Beautiful Alfalfa field w/excellent road frontage

Tract 3: 320± ac
Deeded Acres-320+/- Acres
Beautiful Alfalfa field w/excellent road frontage and old farmstead and buildings.

Tract 4: 160± ac
Deeded Acres-160+/- Acres
Pasture land w/access across Tract 3 from the south

Tract 5: 1,806± ac
Deeded Acres-1,646+/- Acres
Leased Acres-160+/- Acres

Diverse tract w/pasture land, tillable and hay land. Older farmstead along drive. Good road frontage.

Tract 6: 960± ac
Deeded Acres-960+/- Acres
Pasture land and some potential tillable including several farm ponds and good frontage. Good fencing.

Tract 7: 4,056± ac
Deeded Acres-3,856+/-Acres
Leased Acres-200+/-Acres

Pasture land and some tillable with a 900+/- head feed lot, grain bins and good water. 3 - bedroom split-level house w/approximately 2400 sq ft and 2 car garage. Good fencing. 3 miles of frontage on SR 63.

Tract 8: 311± ac
Deeded Acres-311+/- Acres
Hay land with good fencing and 1 mile of frontage on SR 63

Tract 9: 467± ac
Deeded Acres-467+/-
Pasture and hay land with good fencing and 1-mile of frontage on SR 63.

Tract 10: 8,376± ac
Deeded Acres-7,192+/- Acres
Leased Acres-1,184+/-Acres

Large contiguous pasture/potential for tillable. Good fencing and water. 1-1/2 mile of frontage on SR 63.

Tract 11: 621± ac
Deeded Acres-621+/- Acres
Pasture land with some tillable potential. Good fencing. 1 mile of frontage on SR 63.

Tract 12: 3,640± ac
Deeded Acres-2,680+/- Acres
Leased Acres-960+/- Acres

Pasture land with good fencing and water. Good access.

Tract 13: 960± ac
Deeded Acres-960+/- Acres
Pasture land with some tillable and hay land. Site of old farmstead. Good water and access.

TOTAL-22,103+/- ACRES
DEEDED ACRES-19,599+/- ACRES
LEASED ACRES-2,504+/- ACRES

Contact Auction Company for Detailed Information Booklets for each property with additional Due-Diligence Materials, including information such as: soil maps, water information and tax information.


AREA MAP

TRACT MAP(S)

INCLUDE DEEDED & LEASED ACRES, See the Table for Breakdown

AREA MAP(S)

TOWNSHIP, RANGE & SECTION MAP

BIDDING PROCEDURE: All tracts will be offered individually, in any combination and as a whole unit. Bidding on individual tracts and all combinations will compete until the end of the auction. The final bids are subject to Sellers acceptance or rejection.

PURCHASE CONTRACT: Immediately following the close of bidding, each high bidder will sign a purchase contract in the form provided in the bidder packets. All information contained in this sale brochure and other marketing materials is subject to the final terms and conditions contained in the written purchase contract.

BUYERS PREMIUM: The purchase price will be the bid amount plus a 3% buyers premium.

PAYMENT: 10% of the purchase price will be due as a down payment on the day of auction, with the balance due at closing. The down payment may be made in the form of cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.

CLOSING: Closing will be held as soon as possible upon completion of the survey, if applicable, the final title commitment and Sellers closing documents, but not before January 2, 2016.

POSSESSION: Possession will be delivered at closing. Pre-closing access will be available subject to execution of a Seller-approved license agreement.

REAL ESTATE TAXES: Buyer will pay real estate taxes assessed for the calendar year 2016 and thereafter.

EVIDENCE AND DELIVERY OF TITLE: Preliminary title insurance schedules will be available for review prior to the auction. At closing, Seller will furnish (i) an owners title insurance policy in the amount of the purchase price, (ii) a warranty deed conveying the property free of liens but otherwise subject to matters of record and other permitted exceptions described in the purchase contract and (iii) lease assignments with respect to the leased acres.

MINERALS: With respect to any sale, one-half of the mineral rights owned by Seller shall be reserved and the other half shall be conveyed to the Buyer. No warranty or representation is made as to the existence or extent of any minerals or mineral rights.

SURVEY: A new survey shall be procured only if (i) necessary to record the conveyance or (ii) otherwise deemed appropriate in Sellers sole discretion. If a new survey is procured, such survey shall be ordered by or on behalf of Seller and shall be sufficient for recording the conveyance, but the type of survey shall otherwise be determined by Seller. Survey costs will be shared equally (50:50) by Seller and Buyer.

TRACT MAPS; ACRES: Tract maps and stated acres are approximations based on existing parcel data and/or aerial mapping and are not provided as survey products.

PROPERTY INSPECTION: Scheduled inspection dates will be staffed with auction personnel. Seller and Auction Company disclaim any and all responsibility for the safety of prospective bidders and other persons during any physical inspection of the property. No person shall be deemed an invitee by virtue of the property being offered for sale.

THIS PROPERTY IS OFFERED AS IS, WHERE IS. NO WARRANTY OR REPRESENTATION, STATED OR IMPLIED, IS MADE BY SELLER OR AUCTION COMPANY CONCERNING THE PROPERTY. Prospective bidders are responsible for conducting their own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in this brochure and other marketing materials is provided subject to a prospective bidders independent verification. Seller and Auction Company assume no liability for any inaccuracies, errors or omissions in such materials. All sketches and dimensions are approximate.

AGENCY: Schrader Real Estate and Auction Company, Inc. and its representatives are exclusively the agents of Seller.

CONDUCT OF AUCTION: The conduct of the auction and increments of bidding will be at the direction and discretion of the auctioneer. Seller and its agents reserve the right to preclude any person from bidding if there is any question as to the persons identity, credentials, fitness, etc. All decisions of the auctioneer at the auction are final.

CHANGES: Please arrive prior to scheduled auction time to review any changes or additions to the property information. AUCTION DAY ANNOUNCEMENTS WILL TAKE PRECEDENCE OVER THE MARKETING MATERIALS AND ANY OTHER PRIOR STATEMENTS.