GASCONADE COUNTY LAND AUCTION

Approx. 177.57 ACRES SELLING IN 5 TRACTS

Owner: KOTTWITZ FAMILY TRUST

Saturday, OCTOBER 30, 2021

10:30 a.m.

DIRECTIONS TO FARM: from Bland, take hwy a north 2 miles to Boettcher Rd., turn right on Bock Rd. & farm IS on left, or, from Mt. Sterling, take Hwy A south 9 miles to Boettcher RD., turn left to bock Rd & farm is on left.

**AUCTION LOCATION: Property to be AUCTIONED live INDOORS at Moffat Auction Center, 467 Co. Rd. 604, Linn, MO also, online bidding available if bidder unable to attend live auction.

Open House: Sat., Oct. 16, 2021

From 11:00 a.m. to 12:30 p.m.

TRACT 1- HOME ON APPROX. 48+/- ACRES. THE HOME IS 3 BEDROOM 1 ½ BATHS, WITH HARDWOOD FLOORS, NICE OAK KITCHEN CABINETS, FULL BASEMENT, GAS HEAT, CENTRAL AIR, AND OUTSIDE WOOD FURNACE. THIS TRACT IS APPROX. 70% OPEN WITH 2 PONDS AND BOCK ROAD FRONTAGE. IDEAL FOR HORSES, CATTLE, ETC. PROPERTY HAS A BARN, EQUIPMENT SHEDS, A CHICKEN COOP AND A DEEP WELL. THE HOUSE IS SELLING AS-IS. EXACT ACREAGE IN TRACT 1 TO BE DETERMINED BY SURVEY. TRACT 1 WILL BE AUCTIONED AS A LUMP SUM PRICE.

Tracts 2-5 Will Sell By the Surveyed Acre. Acreage is Approximated Until Surveyed.

TRACT 2: 38+/- ACRES. THIS TRACT IS APPROX. 60% OPEN WITH BOCK ROAD FRONTAGE.

TRACT 3: 47+/- ACRES. THIS TRACT IS APPROX. 60% WOODED & 40% OPEN WITH A POND AND YEAR ROUND SPRING. THIS TRACT BORDERS CANAAN CONSERVATION AREA AND HAS BOCK ROAD FRONTAGE.

TRACT 4: 16+/- ACRES. THIS TRACT IS APPROX. 50% OPEN AND HAS BOETTCHER ROAD FRONTAGE.

TRACT 5: 28.5+/- ACRES. THIS TRACT IS APPROX. 80% OPEN WITH A POND AND BOETTCHER ROAD FRONTAGE.

Terms for Real Estate: $10,000 for each Tract must be paid down the day of sale upon signing of the real estate contract, to be escrowed with Gasconade County Abstract, with the balance due at closing in 30 days. The real estate contract for each Tract must be signed immediately after the auction the day of the sale, with electronic signatures accepted for any online buyer. All of the property, including the house, sells AS-IS and is not subject to any inspections. Acreage in each Tract is estimated, and a final survey will determine the exact number of acres. A 3% Buyer’s Premium will be added to the final price of each Tract, with said Buyer’s Premium to be paid by Buyer at closing. All bidders must be pre-approved by their lender because the sale of the property is not contingent upon financing. Title insurance is to be split 50/50 between the Seller & Buyer, with Buyer to pay mortgagee policy if loan is obtained. Buyer shall pay all costs of obtaining any loan. Survey costs shall be split 50/50 between Buyer and Seller and the surveyor shall be Osage County Land Surveying. Announcements day of auction take precedence over all printed matter. Property taxes for 2021 will be prorated. The Trustee for the Kottwitz Family Trust reserves the right to approve the final bid on any and all Tracts, but the Trust is highly motivated to sell. Online bidding is available for the auction, with the online auction platform opening on Oct. 16, 2021. See www.moffatauction.com.