320+/- Acres Baca County, Colorado Selling in 2 Tracts On Our UNRESERVED ONLINE AUCTION June 14, 2022 Bidding opens May 31, 2022, and ends June 14, 2022, at 12:00 p.m. MDT This farm is selling on an online only auction. To register and bid, visit www.bigironrealty.com. The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. The real estate agent reserves the right to adjust bidding increments. Plan to Attend the Informational Meeting & Auction: Springfield Town Hall 745 Main Street Springfield, CO 81073 BigIron Realty Agents will be at the Springfield Town Hall, in Springfield, CO, on Tuesday, June 14, 2022, from 10:00 a.m. MDT until the conclusion of the online auction. BigIron Representatives will be there to assist Buyers with registering to bid online. Please come during the time to discuss the farm. You do not have to be present to bid online but are required to be available by phone. BIDDING PROCESS: You may place bids on this farm for 14 days beginning May 31, 2022, and ending June 14, 2022, at 12:00 p.m. MDT. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance. Tract 1: 160+/- acres General Description: This dryland tract of crop ground lies nearly level and possession is open for the fall of 2022 planting. It is being summer fallowed for planting in early fall of 2022. Sellers will retain one-half (1/2) of the mineral rights for 10 years non-participating. Legal Description: The NE ¼ of Sec. 12-30-46W Baca County, CO, containing 160+/- acres. 2021 Taxes: $276.46 Land Location: From Springfield, CO, go north 2 miles on Hwy 385 to Road HH, turn east and go 5 miles to Road 30, go north ½ mile to the south boundary of tract #1 which is on the west side of Road 30. Watch for the BigIron Realty signs. Tract 2: 160+/- acres General Description: This dryland tract of crop ground also lies nearly level and possession is open for the fall of 2022 planting. It is being summer fallowed for planting in early fall of 2022. Sellers will retain one-half (1/2) of the mineral rights for 10 years non-participating. Legal Description: The SE ¼ of Sec. 1-30-46W Baca County, CO, containing 160+/- acres. 2021 Taxes: $284.46 Land Location: From Springfield, CO, go north 2 miles on Hwy 385 to Road HH, turn east and go 5 miles to Road 30, go north 1 mile to the south boundary of tract #2 which is on the west side of Road 30 just north of tract #1. Watch for BigIron Realty signs. Owner: Hoeme Family Title Services: Bison Title Escrow, 121 So. Main, Lamar, CO 81052 For more information, contact the listing agents: John Buhl 402-649-3750 or Ron Stock 402-649-3705 Terms: The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to Bison Title Escrow, 121 So. Main, Lamar, CO 81052. The Buyer agrees to work with the Seller on doing a 1031 Tax Exchange. The earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing on or before July 20, 2022. Possession will be given at closing. The Seller will provide marketable title to the Buyer evidenced by title insurance; the title insurance and closing costs are split 50/50 between the Buyer and Seller. The 2022 real estate taxes will be paid by the Seller and 2023 taxes will be paid by the Buyer. The property will not be sold subject to financing. Bidding increments may be changed at the discretion of the real estate agent. Please have all financial arrangements made prior to the auction. The written purchase agreement, to be signed by the Seller and Buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the Seller.