LAND AUCTION. Property Showing January 12, :00 PM to 3:00 PM On Tract 1

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1 LAND AUCTION /- Acres Union County, South Dakota Offered in Four Tracts! Thursday, February 7, :30 PM at the Jefferson Community Center, 309 South Railroad, Jefferson, South Dakota Highlight Features: Irrigated farmland Exceptional access Offered in tracts High percentage tillable Property Location: Tract 1, 2, & 3: From the east edge of Jefferson, South Dakota, travel east 1/2 mile on 330th Street, then north 1 mile on 483rd Avenue. Tract 1 will be on the west side of the road, and Tract 2 & 3 will be on the right hand side. (signs will be marked) Property Showing January 12, :00 PM to 3:00 PM On Tract 1 L For additional information, please contact: Tract 4: From North Sioux City, South Dakota (Mc- Cook Lake exit 4), travel north on Highway 105 to the southeast corner of the property. (signs will be Troy Swee, AFM/Agent marked) Beresford, South Dakota Office: (605) Cell: (605) TSwee@FarmersNational.com Serving America s Landowners Since Dave Hickey, Agent O Neill, Nebraska Office: (402) Cell: (402) DHickey@FarmersNational.com Real Estate Sales Auctions Farm and Ranch Management Appraisals Insurance Consultations Oil and Gas Management Lake Management Forest Resource Management National Hunting Leases FNC Ag Stock

2 Property Information Tract /- Acres Legal: East 120 acres of the Southeast Quarter (SE¼) of Section 7 less the building site in the southeast corner and East Half of the Northeast Quarter (E½NE¼) of Section 18, Township 90 North, Range 48 West of the 6th P.M., Union County, South Dakota (subject to survey). 196+/- acres. Description: Top quality irrigated farm consisting of 196+/- acres. Precision leveled farm with one irrigation well and a 2012 T-L 7 tower Quick-tow pivot system that moves between two locations for a total of 166 irrigated acres. This farm is a top producer with nearly all Class II soils, and virtually all tillable. Good access with oil road access running along the east side, and 329th Street providing additional access!! Farm Data: cropland acres, 3.51 non-crop acres Corn bushels Soybeans bushels Wheat bushels 2017 Taxes: $4, or $24.23 per acre Tract 2-80+/- Acres Legal: West Half of the Southwest Quarter (W½SW¼) of Section 8, Township 90 North, Range 48 West of the 6th P.M., Union County, South Dakota. 80+/- acres. Description: Nice level 80 acre tract featuring 76.3 tillable acres. Historically gravity irrigated, this tract offers 76.2 irrigated acres on water right # Excellent access provided by paved 483rd Avenue. Note: If Tract #2 and Tract #3 sold to separate buyers, buyer of Tract #2 has no irrigation water, as the well is located on Tract #3. Farm Data: 76.3 cropland acres, 3.7 non-crop acres 2017 Taxes: $1, or $21.54 per acre Corn bushels Soybeans bushels Wheat bushels Rarely does an opportunity to purchase high quality irrigated and non-irrigated cropland come up in this area of Union County. These farms offer good quality soils, outstanding access to grain markets, and high percentages of tillable acres on each tract. With the proximity to North Sioux City, McCook Lake, and Jefferson, Tract 4 may offer some additional development potential as well. If you are in the market for a high quality farm, please call for a showing! Take advantage of South Dakota s low real estate taxes and invest in high quality farmland!

3 Property Information Tract 3-80+/- Acres Legal: West Half of the Northwest Quarter (W½NW¼) of Section 17, Township 90 North, Range 48 West of the 6th P.M., Union County, South Dakota. 80+/- acres. Description: Precision leveled 80 acre tract with tillable acres and 76.2 irrigated acres. Irrigation water provided by a Western Land Roller pump and Amarillo gearhead. This quality irrigated farm was leveled years ago, and offers high quality farmland with the added benefit of irrigation water. Paved road access, and a high percentage tillable farm. Farm Data: cropland acres, 3.65 non-crop acres Corn bushels Soybeans bushels Wheat bushels 2017 Taxes: $1, or $20.81 per acre Tract /- Acres Legal: North Half of the Northeast Quarter (N½NE¼) of Section 4 less 8.92+/- acres & less 4.31+/- acres, Township 89 North, Range 48 West of the 6th P.M., Union County, South Dakota /- acres Description: Nice level acre farm less than one mile from McCook Lake interchange. This tract features access on three sides with SD Highway 105 along the west, Authier Avenue on the north, and North Shamrock Road along the east side of the property. Nearly all Class II soils with some development potential due to its close proximity to North Sioux City, McCook Lake, and Dakota Dunes tillable acres;, investors take a look at this property Farm Data: cropland acres, 4.19 non-crop acres Corn bushels Soybeans bushels 2017 Taxes: $2,147 or $34.20 per acre

4 Tract 1 Aerial Map Tract 1 Soil Map 7 8 Tract 1 Tract 1 Ld Mb Fe Esri, USDA Farm Service Agency MAP NON-IRR PRODUCTIVITY SYMBOL NAME LCC INDEX ACRES Forney silty clay IIw Ld Luton silty clay IVw Fe Forney silt loam, overwash IIw Mb Modale silt loam Iw TOTAL Tract 2 Aerial Map Tract 2 Soil Map 7 Tract 2 8 Tract 2 Ld Esri, USDA Farm Service Agency MAP NON-IRR PRODUCTIVITY SYMBOL NAME LCC INDEX ACRES Ld Luton silty clay IVw Esri, USDA Farm S Forney silty clay IIw TOTAL

5 Tract 3 Aerial Map Tract 3 Soil Map 7 8 Tract 3 Ld Tract 3 Fe Esri, USDA Farm Serv MAP NON-IRR PRODUCTIVITY SYMBOL NAME LCC INDEX Ld Luton silty clay IVw 63 Forney silty clay IIw 67 Fe Forney silt loam, overwash IIw 70 TOTAL 63.3 Tract 4 Aerial Map Tract 4 Soil Map 33 3 Tract 4 Tract 4 89N 48W 4 Esri, USDA Farm Service Agency MAP NON-IRR PRODUCTIVITY SYMBOL NAME LCC INDEX ACRES Forney silty clay IIw TOTAL

6 N D Mineral Rights All mineral interests owned by the seller, if any, will be conveyed to the buyer(s). Taxes Real estate taxes for 2018 payable in 2019 will be paid by the seller. All future taxes will be the responsibility of the buyer(s). Conditions This sale is subject to all easements, covenants, restrictions of record, and leases. Each bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an AS IS-WHERE IS basis with no warranties or guarantees, either expressed or implied, by the seller or Farmers National Company. Possession Possession will be granted at closing on March 1, 2019, or such other date agreed to by the parties. Earnest Payment A 10% earnest money payment is required on the day of the auction. The payment may be in the form of cash, cashier s check, personal check, or company check. All funds will be deposited and held by Farmers National Company in their trust account. Contract and Title Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Farmers National Company the required earnest payment. The seller will provide an owner s policy of title insurance in the amount of the contract price. The cost of title insurance and any escrow closing services will be paid equally by the seller and buyer. Sale is not contingent upon buyer(s) financing. Closing The sale closing is on March 1, 2019, or such date agreed to by the parties. The balance of the purchase price will be payable at closing in cash, guaranteed funds, or by wire transfer at the discretion of Farmers National Company. Auction Terms 481st Ave 330th St The real estate will sell in the manner resulting in the highest total price. Bidding increments are solely at the discretion of the auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and the seller. All decisions of the auctioneer are final. Approval of Bids Final sale is subject to the seller s approval or rejection. Agency Farmers National Company and its representatives are acting as agents of the seller. Announcements Information provided herein was obtained from sources deemed reliable, but neither the agent nor the seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or more or less. Any announcements made auction day by Farmers National Company will take precedence over any previous printed materials or oral statements. Farmers National Company and seller reserve the right to preclude any person from bidding if there is any question as to the person s credentials or fitness to bid. Seller Authier Union, LLC Auctioneer Eric Mueller, License # th St Main St 330th St 482nd Ave th St Lambert Pl Property Location Map 1 2 Jefferson 4th St Main St 483rd Ave 3 330th St 484th Ave K1 K18 S H i ghway K18 S 12 ST th St 305t h St 314th St Dove Ave Elk Ave 310th St C60 310th Survey: At the Seller s option, the seller shall provide a property survey sufficient to provide good title where there is not an existing legal or where new boundaries are created. The seller and the buyer(s) will each pay one-half of the survey costs. Final contract prices will not be adjusted to reflect any difference between the advertised and actual surveyed acres. 481st Ave 331st St 332nd St 482nd Ave 29 N Shay Rd 332nd St 331st St SD Highway 105 Connor Rd 331st St ST nd St 485th Ave Highway 12 Talbot Rd K18 S Sale Method The real estate will be offered in four tracts. All bids are open for advancement until the auctioneer announces that the real estate is sold or that the bidding is closed. 334th St 333rd St 333rd St Westshore Dr Northshore Dr 4 Wycoff Dr N Shamrock Rd N Highway 105 Streete North Sioux City Waters Rd 486th Ave St o ne St a te Par k Dr Stone State Park Talbot R N Si ou

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