PROPERTY DESCRIPTION:

Township 25N, Range 51E SECTION 14 S2 +/- 320 Acres of Grassland

SECTION 22 E2E2, less and except a tract of land in the E2SE4 conveyed to the State of Montana for the benefit and use of its State Highway Commission in Bargain and Sale Deed recorded in Book A-79, Page 337 +/- 155.39 Acres of which +/-102.8 Acres are CRP

CRP CONTRACT:
The CRP expires in 2012. The annual is $3,134.00. The new Owner will receive the 2011 and 2012 CRP payments. The contract will transfer to the buyer after the 2010 payment is made to the Seller. Buyers agree to comply with the terms and conditions of the CRP agreements for the remainder of the contracts.

IMPROVEMENTS:
 There is electricity on Section 14 and electricity approximately 50 yards from South end of Section 22. Long Grass Creek flows through both Sections. There is a Grain Bin (approximately 2000 bushel) and a well on Section 14.

A title commitment has been ordered and will be available, at their request, to prospective buyers for inspection prior to sale day. The above may or may not be the proper legal description; it was taken from the Richland County Tax receipts.

WILDLIFE:
 Deer, Antelope and Sharptail Grouse have been seen on the property.

NOXIOUS WEEDS:
 Prospective buyers are encouraged to inspect the property to their satisfaction prior to the auction.

WATER RIGHTS:
 Any water rights held on the property to be sold will transfer.

MINERAL RIGHTS:
 No mineral rights will transfer.

TAXES:
 Taxes will be prorated from the day of closing.

TITLE INSURANCE:
 Standard owner’s title insurance will be provided by the seller through Security Abstract Title Company, 106 2nd Street SE, Sidney, MT 59270 (406)433-1010

TERMS:
 Cash. 20% down sale day, the balance due at closing approximately 30 days from sale date at the office of Robert Savage, Savage Law Firm, 121 5th Street SW, Sidney, MT 406-433-9770

BUYERS PREMIUM:
 A 2% Buyers Premium will be added to the winning bid price to arrive at the total contract price paid by the purchaser.

Your bid is considered acceptance of the terms of this auction. If you, the Buyer fail to close, the down payment is non-refundable. If the Seller fails to close, 100% of the down payment will be returned. At this time, there is no known reason that the Seller would not be able to close. All funds are held in the escrow account of Robert Savage, Savage Law Firm, 121 5th Street SW, Sidney, MT 406-433-9770

All information is from sources deemed reliable, but is not guaranteed by the Sellers or the Auctioneers. Offering is subject to error, omission, and approval of purchase by owner. We urge independent verification of each and every item submitted to the satisfaction of any prospective buyer. It is every potential bidder/purchaser’s sole responsibility to accomplish his or her due diligence in whatever manner he or she deems advisable. Announcements made sale day take precedence over any printed materials. The property sell “As is-Where is.”

R-K Statewide Auction Service and its auctioneers are acting solely as auctioneers for the Sellers.

AUCTIONEERS NOTE:
This land has been in the family for 100 years. The Owner has decided to liquidate her property at auction. This is a great opportunity to own CRP and grass land close to the highway in Richland County. Hope to see you at the auction on September 14th!
                -Rick
 

FOR MORE INFORMATION CONTACT:

R-K Auction Company
www.r-kauction.com

 Rick Kniepkamp (406)485-2548 or (406)939-1632 cell