86.25 Acres of Land Located in Clarno Township in Southern Lake County, SD ATTENTION - Individuals in the Market for a Scenic Parcel of Land with Attractive Locations for Future Establishment of a Rural Acreage Site or Sites; Cattlemen, Horse Lovers or Others in the Market Crop and/or Hayland-Pasture We will offer the following real property at auction at the land located from Madison, SD - (Jct. Hwy’s. #34 & #81) - approx. 5 3/4 miles west on Hwy. #34 to Junius, SD, then approx. 8 miles south on oil Hwy. (448th Ave.) to the Orland Road, then continue 2 miles south on gravel (448th Ave.) to the SE Corner of the Land at the Jct. of 448th Ave. & 243rd St.; from the Franklin Corner on Hwy. #19 - 6 miles west on 241st St to Orland, then another 3 miles west and 2 miles south on 448th Ave. TUESDAY SEPTEMBER 14, 2010 SALE TIME: 10:00 AM When originally purchased by the sellers they had considered building a home on one of the scenic locations on this property and had planned to utilize the land in connection with their cow-calf operation, although due to an attractive employment opportunity in Nebraska, the owners have decided to relocate, thus they have decided to offer this property for sale at public auction. This auction consist of a total of approx. 86.25 acres according to Lake County tax records and actually lies in 2 non-contiguous parcels of land - the largest parcel estimated to contain a total of approx. 65 acres which includes all of the land considered to be cropland in the S 1/2 of the SE 1/4 and the second parcel consists of approx. 21.25 estimated acres that is a narrow strip of land running north and south along 448th Ave., approx. 1/2 mile north from the Jct. of 448th Ave. & 243rd. St.; of which the approx. two-thirds could be considered tillable with the balance in remnants of an old bldg. site and grassland. The majority of the land being offered for sale has recently come out of the CRP program and currently is being hayed, although it is now eligible to be converted back to a row crop status if a new owner should desire to do so. According to FSA information this property has approximately 80.9 acres of cropland, although there are virtually no FSA established bases or yields on this land. The general topography of this land is gently rolling to rolling. If you are in the market for land that could have a high percentage tillable to ad to a row crop operation, land that could have a combination of row crop and hayland-pasture to utilize in conjunction with a crop-livestock operation, or land with rural housing potential and investment opportunities, then plan to inspect this property and be in attendance at this auction. LEGAL DESC.: SW 1/4 SE 1/4 & E 1/2 SE 1/4, Exc. Geraets Add’n.; and the E 1/2 NE 1/4, Exc. the N. 27 Rods and Exc. Geraets Add’n.; all in Sec. 25, T. 105N., R. 54W., Clarno Twp., Lake Co., SD. TERMS: Cash - A 15% nonrefundable downpayment sale day & balance on or before Oct. 22, 2010 with possession, subject to the rights of the existing owner for 2010 grazing. A Warranty Deed will be conveyed and a Owners Title Insurance provided with the cost divided 50-50 between the buyer & seller. All of the 2009 RE taxes payable in 2010, as well as all of the 2010 RE taxes payable in 2011 will be paid by the sellers. This property is sold based on the acres as stated on the county tax records, with the acres understood to be “more or less.” The sellers do not warranty or guarantee that existing fences lie on the true & correct boundary, any new fencing or future maintenance of the fences will be the responsibility of the purchaser in accordance with SD law. This property is sold in "AS IS" Condition and the information contained herein is deemed to be correct, but is not guaranteed. The RE licensees in this transaction are acting as agents for the seller. This property is sold subject to existing easements, restrictions, reservations or highways of record, if any. Sold subject to confirmation of the owners. NATHAN & ALISA MOHRHAUSER, Owner ph. 605-759-2351 CHUCK SUTTON - Auctioneer & Land Broker Sioux Falls, SD ph. 605-336-6315 & Flandreau, SD ph. 605-997-3777 & WAYNE BESSMAN - RE Auctioneer - Madison, SD - ph. 605-256-4890