Online Auction Bidders Agreement

THIS IS A LEGALLY BINDING DOCUMENT. IF YOU DO NOT UNDERSTAND THE TERMS AND CONDITIONS AS SET FORTH HEREIN, PLEASE CONSULT AN ATTORNEY PRIOR TO SIGNING.

I ________________________________ (Buyer) agree to immediately enter into the Real Estate Auction Purchase Contract approved by Seller, if I am declared the high bidder (winning bidder) by the auctioneer during the following auction: 354+/- acres offered in (4) tracts and located in Sections Twenty (20) and Twenty-eight (28), Township Eleven (11) South, Range Nineteen (19) East, Jefferson County, Kansas. (See attached auction tract map for further details).
Legal Description: The full legal descriptions shall be provided by the Title Company.

Online Auction Dates:
Online Bidding Opens on Friday, October 17th at 6:00 pm (CT)
Online Bidding Closes on Monday, November 17th, at 6:00 pm (CT)
By signing below, I agree that I have read and fully understand the Online Auction Bidders Agreement and the Terms and Conditions of this auction.
I fully understand and agree that an Online Auction Bidders Agreement MUST be signed and returned to United Country| Heritage Brokers & Auctioneers, prior to being allowed to bid in the Online Auction. As a bidder, it is solely my responsibility to contact the auction company at (877) 318-0438 with any questions regarding the auction, purchase agreement, or terms & conditions, prior to placing any bids in said auction.

Online Auction Terms & Conditions
1) Absolute Auction: The property will be sold to the highest bidder with no reserve price.
2) Bidding Registration: Online bidder hereby agrees that they must be properly registered for the online auction by completing and signing the (Online Auction Bidders Agreement), which will be sent by email via DocuSign. Upon completing this registration form and receiving approval, bidding privileges will be turned on. If you need assistance with registration, you may contact Lucinda Terrel at (816) 420-6257 or by email at lucinda@buyheritage.com. Seller(s) may at their sole discretion request additional registration requirements from any bidder unknown to them or the auction company.
3) Bidding Opens/Closes: The Online Only Auction (i.e. Internet Auction) bidding shall be opened and begin closing on the dates and times stated above, subject to the soft close feature as outlined below.
4) Property Preview Dates: It is highly recommended that all bidders personally inspect the property prior to placing bids in the auction. Scheduled property inspection dates are advertised, and additional inspection dates can be arranged by contacting the auction company at (877) 318-0438.
5) Buyer�s Premium: An Eight Percent (8%) Buyer�s Premium will be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyer�s Premium shall be added to their winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning bid $100,000 + 8% buyer�s premium = total contract price of $108,000).
6) Cash Offer/No Financing Contingency: By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder�s ability to obtain financing. By placing a bid in this auction, bidders are making a �cash offer� to purchase the property. Financing is NOT a contingency in the purchase agreement. Purchase and sale are conducted in U.S. Funds only.
7) Purchase Contract: Winning bidder hereby agrees to enter into the Real Estate Auction Purchase Contract which has been approved by the Seller, within 24 hours of being declared the winning bidder. Upon the close of the auction the winning bidder will be forwarded via email a Real Estate Auction Sales Contract to purchase the property. A signed copy of the Real Estate Auction Sales Contract must be received by the Auctioneer, no later than 24 hours from the time said Purchase Contract was sent to the winning bidder. The Real Estate Auction Sales Contract may be e-signed or hand delivered to the auction company. A sample Real Estate auction Sales Contract is available for Bidder to review prior to bidding in the auction.
8) Down Payment: The winning bidder agrees to deposit a non-refundable Ten Percent (10%) down payment based on the total contract purchase price, with the Title Company no later than 24 hours following the close of auction bidding. The closing agents contact information is listed below. The balance of the purchase price will be due in full at closing.
9) Closing: Closing shall be on or by Wednesday, December 17th, 2025. Closing shall take place at Lawyers Title of Kansas, 5715 SW 21st Street, Topeka, Kansas 66604. The closing agent is David St. John, email is DStJohn@LTKansas.com, and phone number is 785-271-5225. Out of state buyers will be afforded the opportunity to close via email, mail and wire transfer of certified funds.
10) Easements: The sale of the property is subject to any and all easements of record. A Septic Easement will be filed pertaining to Tract 1 prior to closing. An Easement for an existing Water Well House and Related Facilities will be filed pertaining to Tract 3 prior to closing.
11) Minerals: The seller�s share of minerals (if any) will transfer with the surface at closing.
12) Survey: The property is legally described and no survey shall be required to transfer title to the Buyer. In the event the buyer desires a survey, it shall be at the buyer sole expense.
13) Possession: Possession of the property will be given upon payment in full of the purchase price and transfer of title at closing.
14) Title Insurance: Owner�s Title Insurance Policy in the full amount of the purchase price will be provided by the Seller. Buyer shall be responsible for a Lender�s Title Insurance Policy (if any). Seller shall execute a general warranty deed conveying the property to the buyer(s).
15) Taxes: Seller shall pay any previous years taxes (if due), and the current year�s real estate taxes shall be prorated to the date of closing.
16) Online Auction Technology (Disclaimer): Under no circumstances shall Bidder have any kind of claim against United Country � Heritage Brokers & Auctioneers, Broker of record, or anyone else, if the Internet service fails to work correctly before or during the auction. Online bidding is subject to technology faults and issues which are outside the control of the auction company. Bidder(s) are encouraged to use the �Maximum Bid� feature on the bidding platform and lock in their maximum bid amount, if they are concerned about technology failure during the auction. The SELLER and/or Auction Company reserves the right to (pause) the online auction bidding in the event of any internal or external technology failure, to preserve the integrity of the auction event and maintain a fair and impartial bidding environment.
17) Soft Close: If a bid is received within the last 2 minutes of the auction, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates "snipers" and encourages fair and impartial bidding from all participants.
18) Disclaimer: All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice. There are no warranties either expressed or implied pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller�s reserve price (if applicable). The property is available for and subject to sale prior to auction. By participating in this auction, Buyers hereby acknowledge that any bid(s) placed by them is a binding agreement to purchase the property, subject to the bid being approved by Seller (if applicable).

ABSOLUTE KANSAS LAND AUCTION * ONLINE BIDDING ONLY * 353+/- ACRES (4 TRACTS) * ROW CROP * CATTLE PASTURE * HUNTING/RECREATIONAL PONDS * STONE HOUSE CREEK * HIGHWAY FRONTAGE * JEFFERSON COUNTY, KANSAS ONLINE BIDDING OPENS: Friday, October 17th, 2025 at 6:00 PM (CST) ONLINE BIDDING CLOSES: Monday, November 17th, 2025 at 6:00 PM (CST) REGISTER & BID ONLINE: Go to https://bidheritage.hibid.com/ and register online. All bidding is conducted online only and registration can take up to 24 hours, so please register before the last day. PROPERTY LOCATION: From the intersection of State Hwy 24 and State Hwy 59 north of Lawrence Kansas, go 1 mile north to Tracts 1,2,3. Tract 4 is located 1.8 miles east of Hwy 24-59 intersection on State Hwy 24, then � mile north. (Watch for auction signs.) LEGAL DESCRIPTION: 353+/- acres offered in (4 Tracts) and located in Sec. 20-11S-19E and Sec.28-11S-19E of Jefferson County, Kansas. (Full legal descriptions of each tract to be provided by Title Company). AUCTION TRACT MAP LINK: https://id.land/maps/a47e0f7c24a9ccc31628195e01e13c48/share ORDER OF AUCTION: According to Jefferson County, Kansas the total land being offered is 353+/- acres, and is being offered in (4) individual tracts. This allows a buyer the opportunity to purchase individual tracts which fit their agricultural operation or investment portfolio. Farms are offered individually only. TRACT #1: is 136+/- acres with row crop land, native pasture, ponds, Stone House Creek, homesites, and hunting activities. See FSA info details about crop yields, base acres, etc. The property is accessed by State Hwy 59 or county roads on all sides. TRACT #2: is 45+/- acres of mostly row crop land with Stone House Creek running along the west side of the property. It is accessed by State Hwy 59 on the east and 21st St., on the north. See FSA info details about crop yields, base acres, etc. This tract will also offer hunting activities. TRACT #3: is 91+/- acres of row crop land, rolling native pasture, timber and several potential home sites. There is great recreational value and a secluded pond with lots of wildlife habitat. The property has Highway frontage and a private drive on the south side for access. TRACT #4: is 81+/- acres of crop land, hay fields and timber. There are 2 ponds and lots of wildlife on this tract of land with great county road access and the potential for a rural home site. PROPERTY PREVIEW DATES: The auction company will be onsite at the intersection of State Hwy 59 and 21st Street (watch for signs) on the following dates to answer any questions and hand out information packets. The property can be previewed on these dates or by scheduling an appointment. Contact the auction company at (877) 318-0438. Property previews are highly encouraged prior to placing a bid in the auction. Preview Dates: Tuesday, October 28th @ 2:00pm Tuesday, November 11th @ 2:00pm GENERAL DESCRIPTION: These land tracts offer a wide range of use from crop land, cattle pasture, hunting, recreational, and multiple home sites. Located just north of Lawrence, KS and close to Perry Lake, each of these tracts of land has excellent access via state highway and county roads. Comprised mostly of class 2 & 3 soils, they will make excellent investment tracts and are being sold at Absolute Auction (no reserve price). FSA INFORMATION: According to the Jefferson County, Kansas Farm Services Agency (FSA), Tracts 1, 3, and 4 are in a combined farming unit with an additional section of land. See the property information packet or auction website to download the FSA maps and corresponding FSA form 156-EZ. Tract 2 will have 2 separate FSA form 156-EZ that apply to it. SOIL TYPES: The principal soil types of the crop land are as follows: - Kennebeck silt loam, class 2w - Gymer silt loam, class 3e - Reading silt loam, class 2w - Martin silty clay loam, class 2e - Wabash silty clay loam, class 3w - Pawnee clay loam, class 3e SURVEY: The individual tracts are legally described and no survey is required to transfer title, except for the 10+/- acre portion of land lying east of Hwy 59, that is adjoining and being sold with Tract 3. The seller is working with a surveyor to provide an easement description for a neighbors septic system located in the NW corner of Tract 1, and for an existing water well and water line easement across Tract 3. In the event the buyer desires a survey of any tract of land, it shall be at the buyers sole cost. POSSESSION: Possession of the property will be given upon payment in full of the purchase price and transfer of title at closing. TAXES: The general taxes for 2024 were $4,746.14 (all tracts). MINERALS: Any mineral rights owned by the Seller are being transferred with the surface to the Buyer. PERSONAL PROPERTY: No personal property is being sold or transferred with the real estate. AUCTIONEERS NOTE: This is an Absolute Auction and the property will be sold to the highest bidder. These farms have been in the Jamison Family for many years and are now being made available to the public. The land is situated in a great area just north of Lawrence Kansas and offer a wide variety of opportunity in agriculture, livestock production, hunting/recreation or if you are simply looking for a great place to build your country home. Don�t miss this opportunity to purchase one or all of these Jefferson County Kansas farms. SELLER: Michael Jamison Estate