CHIPPEWA COUNTY, MN LAND AUCTION - JOHNSON

LOCATION Chippewa County, Minnesota Land is located in Section 24, T118N-R41W, Tunsberg Township, Chippewa County, Minnesota. From Montevideo, MN, go 4 miles north on County Road 29, 1 mile west on Co Rd 13, land is on the south side of road. From Watson, MN, go 1 mile north on Co Road 9, 3.5 miles east on Co Rd 13, land is on the south side of road. SELLER Tim Johnson & David Johnson MANAGED BY Allen Henslin (320) 979-1808 GENERAL INFORMATION 120.67 surveyed acres 2 tracts Both tracts feature top quality soils with strong CPI ratings from 91.9 to 93.2. Both tracts lay very well with tar road access on the north side of Tract 1 to Co Road 13! We urge you to check out these top-quality farms that have been in the Johnson Family since 1966 - when Tim & Davids father, Harry, purchased the land. TRACT INFORMATION Tract 1 - 40.34 surveyed acres Located in Section 24 of Tunsberg Township Includes approximately 38.38 tillable acres CPI Rating: 93.2 Soil types include Eckman silt loam, Waubay silty clay loam, Parnell silty clay loam, and Colvin-Quam complex Tar road access along the north from Co Road 13 Tract 2 - 80.33 surveyed acres Located in Section 24 of Tunsberg Township Includes approximately 79.3 tillable acres CPI Rating: 91.9 Soil types include Byrne silt loam, Waubay silt clay loam, Colvin-Quam complex, Eckman silt loam, and Parnell silty clay loam Access along the east side from 70th Ave SW METHOD & TERMS The Johnson farm will be sold on a price per acre basis, based on surveyed acres. Both tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either of the tracts for their high bid. If the high bidder does not elect both offered tracts, then the remaining tract will continue to be offered Buyers Choice until both tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Friday, December 12, 2025. The seller will provide an abstract showing clear and marketable title. Buyer responsible for title insurance if desired. Seller will pay all the 2025 real estate taxes. Buyer will pay all 2026 taxes and beyond. Buyer will receive possession after the 2025 crop has been removed. New buyer will be responsible for fall tillage. Open lease for 2026 crop year and beyond. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold AS IS. Representing Attorney: Mr. Brad Schmidt | Johnson, Moody, Schmidt & Kleinhuizen 320 1st St. South, Willmar, MN 56201 | (320) 235-2000 Auction Manager: Allen Henslin (320) 979-1808