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  • Published Date

    October 8, 2018
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NOTICE OF OSTERLOO FARMS, LLLP PRIVATE LAND SALE HANSON COUNTY OWNERS: OSTERLOO FARMS, LLLP Real Estate in Pleasant Township, in Hanson County, SD, 150 acres, more or less, of land more particularly described as: The Northwest Quarter of Section Twenty-Nine (29), Township One Hundred Two (102), Range Fifty-Seven (57), less the North 476 feet (N.476') of the South 790 feet (S. 790") of the West 900 feet (W. 900"), Hanson County, South Dakota This quarter will sell as a single unit comprised of 150.17 taxable acres with 140.83 acres of crop ground currently farmed. Sellers are selling the property based on "taxable acres" as indicated at the Hanson County Director of Equalization Office Written Bids must be received by Sellers c/o MorganTheeler LLP, PO Box 1025, 1718 N. Sanborn Blvd. Mitchell, South Dakota 57301, on or before 5:00 p.m.on October 29th. 2018. All responsi- ble bidders will be invited to a private bid conference where the highest bid will act as the opening bid and any of the bidders will be allowed to raise their bids. The private bid conference will be held on November 8th, 2018 9:00 oclock a.m. at the office of MorganTheeler LLP at 1718 N Sanborn Blvd., Mitchell, SD. (Attendance by telephone can be arranged). Written notices will be mailed after bid opening to notify bidders prior to the conference. The final bid will be accepted or rejected at the private bid conference SELLERS RESERVE THE RIGHT TO REJECT ALL BIDS Terms: If a bid is accepted the successful bidder must pay an earnest money deposit of 15% of the total bid when accepted at the private bid conference with the balance paid in cash upon closing and delivery of a Warranty Deed. Sellers will furnish title insurance with the cost of title insurance to be divided equally between Buyer and Sellers. Possession shall be given upon closing. Sellers shall pay the 2017 real property taxes due and payable in 2018. Buyer shall pay the 2018 real property taxes due and payable in 2019, and all subsequent taxes. Closing shall be on or before December 14th. 2018, unless changed by mutual agreement of the parties. Property is being sold subject to existing casements, reservations and restrictions of record Contact: Bid Packet with Bid Form, USDA crop reporting record, NRCS soils map with index, USDA acrial map and Hanson County Rcal Estate Tax Notice available at the office of Kyle Clauss en, MorganTheeler LLP, Attorney for Sellers, 1718 N. Sanbon Blvd., PO Box 1025, Mitchell, SD 301; E-mail: kclaussen@morgantheeler.com; Phone: (605) 996-5588. (Bid Packet can be faxed emailed or mailed.) 001782419r1