48
Office: 616-538-0367 Fax: 616-583-5230 1800lastbid.com 601 Gordon Industrial Court SW Byron Center, MI 49315 BIDDERS PACKET Slocum Farms LLC Real Estate Newaygo County and Oceana County, Michigan Tuesday, March 10, 2020 6:00 PM Auction to be held at: The Optimist Club, 788 Industrial Park Dr., Shelby, MI 49455

Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

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Page 1: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

[insert auction name] Bidder’s Packet

Office: 616-538-0367 Fax: 616-583-5230 1800lastbid.com

601 Gordon Industrial Court SW Byron Center, MI 49315

BIDDER’S PACKET

Slocum Farms LLC Real Estate

Newaygo County and Oceana County, Michigan

Tuesday, March 10, 2020 6:00 PM

Auction to be held at: The Optimist Club, 788 Industrial Park Dr., Shelby, MI 49455

Page 2: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Slocum Farms LLC – 3/10/2020 Bidder’s Packet

Office: 616-538-0367 Fax: 616-583-5230 1800lastbid.com

601 Gordon Industrial Court SW Byron Center, MI 49315

TABLE OF CONTENTS

Notice to all Bidders ............................................................................................ Page 1

Procedures for purchasing at Auction.............................................................. Page 2

How the Auction will be conducted................................................................. Page 3

Announcements ................................................................................................. Page 4

Property Information ........................................................................................... Page 5

Soil Maps .............................................................................................................. Page 8

Agency Disclosure ............................................................................................ Page 32

Buy/Sell Agreement .......................................................................................... Page 33

Preliminary Title Commitment .......................................................................... Page 36

Page 3: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Slocum Farms LLC – 3/10/2020 Bidder’s Packet

Office: 616-538-0367 Fax: 616-583-5230 1800lastbid.com

NOTICE TO ALL BIDDERS

The information included in this Bidders Packet is a summary of information

available from a number of sources, most of which have not been

independently verified. This summary has been provided only for the use of

prospective bidders at the Public Auction to be held. It is supplied for whatever

assistance it may provide in answering questions, however,

ALL INFORMATION AND OPINIONS ARE SUPPLIED WITHOUT ANY WARRANTIES OR

REPRESENTATIONS, EITHER EXPRESSED OR IMPLIED, WHATSOEVER.

Prospective bidders are advised to avail themselves of the land and tax records

of the county the real estate is located in and the State of Michigan and to

make an inspection of the premises on their own behalf; consulting whatever

advisor they may feel appropriate.

The property for sale will be auctioned in an “AS IS”, “WHERE IS” condition and

neither Miedema Auctioneering, Inc., the sellers, nor their respective agents

make any express or implied warranties of any kind. The descriptions and

conditions listed in this and other advertising materials are to be used as

guidelines only and are not guaranteed.

NEW DATA:

New data, corrections, or changes could be made after the printing of this

brochure. Please arrive prior to the start of the Auction to inspect and consider

any new information and changes.

1

Page 4: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Slocum Farms LLC – 3/10/2020 Bidder’s Packet

Office: 616-538-0367 Fax: 616-583-5230 1800lastbid.com

PROCEDURES FOR PURCHASING AT AUCTION

Thank you for your interest in this Auction! If you are unfamiliar with buying real estate at

a Miedema Auctioneering, Inc. auction, following are some guidelines to make

participating easy and fun.

REGISTRATION:

1. Upon arriving at the auction site, please proceed to the Auction office/registration

table.

2. In order to register, you will need to supply your driver’s license to the Miedema

Auctioneering agent assisting you.

3. Once the Miedema Auctioneering agent has completed your registration and you

have signed the Auction terms, the Miedema Auctioneering agent will provide you

with your bidding number and any additional information relevant to the Auction.

BIDDING:

Bidding is a very simple process. It is very important to listen closely to the auctioneer.

When the auctioneer is calling out bids to the crowd, you can bid by any of the

following ways:

1. Raising your bid card in the air,

2. Shouting your bid out to the auctioneer verbally,

3. Having one of the auction staff place your bid for you, or

4. Communicating a signal to the auctioneer that has been arranged prior to the

auction.

Conduct of the auction and increments of bidding are at the direction and discretion

of the auctioneer. The auction staff will chart the progress of the auction on the

auction boards for the entire crowd to see. Bids in the winning position will be indicated

by a red asterisk or star on the auction boards. It is important for you to pay attention to

the auction boards, since the boards show the current standings of all bidders involved

in the auction.

Announcements made by the auctioneer at the time of sale take precedence over all

printed materials. If you have any questions at the auction about the property,

procedures, or anything else, do not hesitate to ask. We will be happy to help in any

way we can. To provide the best service to you, please ask your questions prior to the

bidding. Once the bidding has begun, we will maintain the flow and integrity of the

auction; therefore, it would be very difficult to stop and answer lengthy questions.

CONCLUSION:

When the auctioneer announces the conclusion of the bidding and announces that

the parcels are “Sold”, the winning bidder(s) will immediately be required to sign the

Buy/Sell Agreement and post the proper deposit. If you are the successful buyer, copies

of your completed and signed Buy/Sell Agreement(s) will be provided to you for your

record.

2

Page 5: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Slocum Farms LLC – 3/10/2020 Bidder’s Packet

Office: 616-538-0367 Fax: 616-583-5230 1800lastbid.com

HOW THE AUCTION WILL BE CONDUCTED

The auction will be conducted in such a way that will allow bidding on individual

parcels and bidding on any combination of parcels throughout the Auction. The bids

and buyer’s numbers will be written on the boards for everybody’s viewing. We will start

out by offering the parcels individually. Then we will allow combination bids. This is a

very fair way to allow buyers the opportunity to buy as they desire.

The winning bids will most likely change throughout the Auction as different

combination bids are taken. The bids that are currently in the winning position will be

noted with a red asterisk next to the buyer number. No parcel of Real Estate is sold until

the entire Auction is over and the Auctioneer announces the Auction is complete.

It is important to know that if you have placed a bid, do not leave the Auction until the

bidding is closed, because there are times when a person’s bid was not part of the

winning combination for a while and then when a new bidder puts in a new

combination, that first person’s bid was not part of the winning bid. You may be

brought back into a winning position because of the bidding of others. Please stay until

the Auction is completed.

Near conclusion of the Auction, when bidding has slowed, we will give a time limit for a

bid. If we do not receive a bid, the Auction will end. If we do receive a bid, we start a

new time limit to allow the bidders who were knocked out at the last minute the

opportunity to bid again.

We have plenty of bid assistants to help you during bidding. If you have any questions

about what you would need to bid in order to be in the winning position, or if you have

any other questions, please ask any of the MIEDEMA AUCTIONEERING, INC. TEAM.

Thank you for your consideration.

Miedema Auctioneering, Inc.

3

Page 6: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Slocum Farms LLC – 3/10/2020 Bidder’s Packet

Office: 616-538-0367 Fax: 616-583-5230 1800lastbid.com

Auction Announcements

1. You may walk the vacant land at any time at your convenience to

inspect.

2. The auction will be held at the Optimist Club, 788 Industrial Park Dr.,

Shelby, MI 49455.

3. Registration for the auction will begin at 5:00 PM with auction starting at

6:00 PM.

4. Internet/Online bidding may be available, but you must call to pre-register

to bid online by March 3, 2020. Call Donna a 616-538-0367 to pre-register.

5. A deposit of 10% at of the bid price will be required from the high bidder

immediately after the conclusion of the auction. This deposit may be paid

with a company or personal check.

6. No new surveys will be completed.

7. There will be 4% Buyers Premium added to the high bid. For example, if

the high bid is $300,000.00, then a 4% Buyers Premium will be added

making the purchase price $312,000.00. Please take this into account

when bidding.

8. The real estate all sells with no minimums, no reserves to the highest

bidder.

4

Page 7: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Slocum Farms LLC – 3/10/2020 Bidder’s Packet

Office: 616-538-0367 Fax: 616-583-5230 1800lastbid.com

Property Information

Location: Multiple Locations in Newaygo County and Oceana County

5

Page 8: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Slocum Farms LLC – 3/10/2020 Bidder’s Packet

Office: 616-538-0367 Fax: 616-583-5230 1800lastbid.com

Property Information – Continued

Parcels #1: ± 80 Acres

Located at W. Green Ave. & Van Buren, Denver Township, Newaygo County

• Parcels 1,2, & 3 are Irrigated Land.

• There is a towable pivot set up to irrigate 40 acres at a time.

• Each 40 acres has infrastructure to hook up to pivot and water. It is a Michigan Valley

System. The well & the pivot is located and sells with Parcel 1.

• Planted to Rye, Green beans & Zucchini.

• Flat tillable ground irrigated w/well & towable pivot.

• Perfect for planting hemp, vegetables or blueberries, corn & much more.

• First rotation of Fraser Fir planting, low to zero chance of phytophthora root rot.

Parcel #2: ± 40 Acres

Located at W. Green Ave. & Van Buren, Denver Township, Newaygo County

• Parcels 1,2, & 3 are Irrigated Land.

• There is a towable pivot set up to irrigate 40 acres at a time.

• Each 40 acres has infrastructure to hook up to pivot and water. It is a Michigan Valley

System. The well & the pivot is located and sells with Parcel 1.

• Planted to Green Beans, Zucchini, Rye.

• +/- 6 Acres wooded.

• Mostly flat tillable ground irrigated.

• Perfect for planting hemp, vegetables or blueberries, corn & much more.

Parcel 3: ± 38 Acres

Located at W. Green Ave. & Van Buren, Denver Township, Newaygo County

• Parcels 1,2, & 3 are Irrigated Land.

• There is a towable pivot set up to irrigate 40 acres at a time.

• Each 40 acres has infrastructure to hook up to pivot and water. It is a Michigan Valley

System. The well & the pivot is located and sells with Parcel 1.

• Planted to Rye, Green Beans, Zucchini.

• +/- 2.5 Acres wooded.

• Flat tillable ground irrigated.

• Perfect for planting hemp, vegetables or blueberries, corn & much more.

Parcel #4: ± 47 Acres

Located at 166th Ave. just south of E. Harrison Rd, Leavitt Township, Oceana County

• Cleared & ready to plant. Ideal for apples, cherries, hemp, squash, corn, pumpkins,

beans, potatoes, carrots & Fraser Fir trees.

• Highly elevated with good drainage.

• The adjacent property is planted to cherries.

• Could be certified Organic.

6

Page 9: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Slocum Farms LLC – 3/10/2020 Bidder’s Packet

Office: 616-538-0367 Fax: 616-583-5230 1800lastbid.com

Property Information – Continued

Parcel #5: ± 40 Acres

Located at E. Harrison Rd. between 120th & 128th, Elbridge Township, Oceana County

• Older asparagus field still producing but starting to slow down.

• Hemp ready.

• Secluded & surrounded by hunting ground.

• Flat tillable 40 acre field to plant. Ideal for potatoes, corn, hemp, blueberries, squash,

pumpkins & beans.

• First rotation of asparagus planting, low chance of phytophthora root rot.

Parcel #6: ± 21 Acres

Located at E. Filmore Rd. West of 136th in Elbridge Township, Oceana County

• 21 tillable acres.

• Hunting grounds on 3 sides.

• Prior use for Douglas fir & Fraser Fir Christmas trees.

• Land is cleared & stump ground tillable.

• Good for growing hemp, corn, beans, potatoes, squash, pumpkins, Fraser Fir & other

crops

Parcel #7: ± 12 Acres

Located at Intersection of 68th Ave. & Arthur Rd., Grand Township, Oceana County

• Highway frontage on US-31, ¾ mile south of Exit 140 (New Era Exit)

• Tillable acreage.

• Potential for sign or billboard.

Parcel #8: ± 5 Acres

Located at Bogue St. just North of North St. near Village of Walkerville, Leavitt Township, Oceana

County

• Migrant Camp Infrastructure – Set up for 5 or 6 Mobile Homes

• Well, Electric, Village Sewer Hook-up

7

Page 10: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Soil

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Soil Map - Parcel 1

8

Page 11: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

MA

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Soil Map - Parcel 1

9

Page 12: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Map Unit Legend

Map Unit Symbol Map Unit Name Acres in AOI Percent of AOI

19B Covert sand, 0 to 4 percent slopes

2.7 3.5%

29B Coloma sand, 0 to 6 percent slopes

30.0 39.0%

91B Plainfield sand, 0 to 6 percent slopes

40.7 52.9%

96A Pipestone-Kingsville complex, 0 to 3 percent slopes

3.6 4.7%

Totals for Area of Interest 77.0 100.0%

Soil Map—Newaygo County, Michigan Parcel 1

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/7/2020Page 3 of 3

Soil Map - Parcel 1

10

Page 13: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Soil Map—Newaygo County, Michigan(Parcel 2)

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/7/2020Page 1 of 3

4829

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85° 5

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85° 5

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N

Map projection: Web Mercator Corner coordinates: WGS84 Edge tics: UTM Zone 16N WGS840 150 300 600 900

Feet0 45 90 180 270

MetersMap Scale: 1:3,150 if printed on A portrait (8.5" x 11") sheet.

Soil Map may not be valid at this scale.

Soil Map - Parcel 2

11

Page 14: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

MA

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Soil

Map

—N

eway

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ount

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ichi

gan

(Par

cel 2

)

Nat

ural

Res

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esC

onse

rvat

ion

Serv

ice

Web

Soi

l Sur

vey

Nat

iona

l Coo

pera

tive

Soil

Surv

ey2/

7/20

20Pa

ge 2

of 3

Soil Map - Parcel 2

12

Page 15: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Map Unit Legend

Map Unit Symbol Map Unit Name Acres in AOI Percent of AOI

19B Covert sand, 0 to 4 percent slopes

12.1 30.7%

29B Coloma sand, 0 to 6 percent slopes

9.5 24.2%

91B Plainfield sand, 0 to 6 percent slopes

12.9 32.9%

96A Pipestone-Kingsville complex, 0 to 3 percent slopes

4.8 12.2%

Totals for Area of Interest 39.4 100.0%

Soil Map—Newaygo County, Michigan Parcel 2

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/7/2020Page 3 of 3

Soil Map - Parcel 2

13

Page 16: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Soil Map—Newaygo County, Michigan(Parcel 3 )

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/7/2020Page 1 of 3

4830

000

4830

070

4830

140

4830

210

4830

280

4830

350

4830

420

4830

490

4830

560

4830

000

4830

070

4830

140

4830

210

4830

280

4830

350

4830

420

4830

490

4830

560

582330 582400 582470 582540 582610 582680 582750

582330 582400 582470 582540 582610 582680 582750

43° 37' 25'' N85

° 5

8' 4

7'' W

43° 37' 25'' N

85° 5

8' 2

6'' W

43° 37' 5'' N

85° 5

8' 4

7'' W

43° 37' 5'' N

85° 5

8' 2

6'' W

N

Map projection: Web Mercator Corner coordinates: WGS84 Edge tics: UTM Zone 16N WGS840 100 200 400 600

Feet0 45 90 180 270

MetersMap Scale: 1:3,050 if printed on A portrait (8.5" x 11") sheet.

Soil Map may not be valid at this scale.

Soil Map - Parcel 3

14

Page 17: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

MA

P LE

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eway

go C

ount

y, M

ichi

gan

(Par

cel 3

)

Nat

ural

Res

ourc

esC

onse

rvat

ion

Serv

ice

Web

Soi

l Sur

vey

Nat

iona

l Coo

pera

tive

Soil

Surv

ey2/

7/20

20Pa

ge 2

of 3

Soil Map - Parcel 3

15

Page 18: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Map Unit Legend

Map Unit Symbol Map Unit Name Acres in AOI Percent of AOI

29B Coloma sand, 0 to 6 percent slopes

11.6 29.4%

91B Plainfield sand, 0 to 6 percent slopes

15.4 39.0%

94B Brems sand, 0 to 4 percent slopes

12.5 31.6%

Totals for Area of Interest 39.6 100.0%

Soil Map—Newaygo County, Michigan Parcel 3

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/7/2020Page 3 of 3

Soil Map - Parcel 3

16

Page 19: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Soil Map—Oceana County, Michigan

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/3/2020Page 1 of 3

4839

830

4839

910

4839

990

4840

070

4840

150

4840

230

4840

310

4840

390

4840

470

4839

910

4839

990

4840

070

4840

150

4840

230

4840

310

4840

390

4840

470

568560 568640 568720 568800 568880 568960 569040

568640 568720 568800 568880 568960 569040

43° 42' 50'' N86

° 8

' 56'

' W43° 42' 50'' N

86° 8

' 34'

' W

43° 42' 29'' N

86° 8

' 56'' W

43° 42' 29'' N

86° 8

' 34'' W

N

Map projection: Web Mercator Corner coordinates: WGS84 Edge tics: UTM Zone 16N WGS840 150 300 600 900

Feet0 45 90 180 270

MetersMap Scale: 1:3,150 if printed on A portrait (8.5" x 11") sheet.

Soil Map may not be valid at this scale.

Soil Map - Parcel 4

17

Page 20: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

MA

P LE

GEN

DM

AP

INFO

RM

ATIO

N

Are

a of

Inte

rest

(AO

I)Ar

ea o

f Int

eres

t (AO

I)

Soils

Soil

Map

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t Pol

ygon

s

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Map

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t Lin

es

Soil

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t Poi

nts

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ial P

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ur A

OI w

ere

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ped

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l Map

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at t

his

scal

e.

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f map

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e of

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il of

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l lin

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map

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ts a

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cale

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ial i

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to o

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ase

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Map

—O

cean

a C

ount

y, M

ichi

gan

Nat

ural

Res

ourc

esC

onse

rvat

ion

Serv

ice

Web

Soi

l Sur

vey

Nat

iona

l Coo

pera

tive

Soil

Surv

ey2/

3/20

20Pa

ge 2

of 3

Soil Map - Parcel 4

18

Page 21: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Map Unit Legend

Map Unit Symbol Map Unit Name Acres in AOI Percent of AOI

17B Marlette-Fern complex, 0 to 6 percent slopes

3.3 6.9%

17C Marlette-Fern complex, 6 to 12 percent slopes

10.7 22.6%

17D Marlette-Fern complex, 12 to 18 percent slopes

6.5 13.7%

35B Alvin-Spinks complex, 0 to 6 percent slopes

4.3 9.1%

38B Spinks-Okee complex, 0 to 6 percent slopes

13.4 28.3%

59B Benona sand, 0 to 6 percent slopes

2.7 5.7%

59C Benona sand, 6 to 18 percent slopes

0.0 0.1%

71 Houghton and Carlisle soils 0.3 0.7%

72 Adrian muck, 0 to 1 percent slopes

6.1 12.9%

Totals for Area of Interest 47.3 100.0%

Soil Map—Oceana County, Michigan

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/3/2020Page 3 of 3

Soil Map - Parcel 4

19

Page 22: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Soil Map—Oceana County, Michigan(Parcel 5)

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/7/2020Page 1 of 3

4840

440

4840

520

4840

600

4840

680

4840

760

4840

840

4840

920

4841

000

4840

440

4840

520

4840

600

4840

680

4840

760

4840

840

4840

920

4841

000

4841

080560550 560630 560710 560790 560870 560950

560550 560630 560710 560790 560870 560950 561030

43° 43' 12'' N86

° 1

4' 5

4'' W

43° 43' 12'' N

86° 1

4' 3

2'' W

43° 42' 52'' N

86° 1

4' 5

4'' W

43° 42' 52'' N

86° 1

4' 3

2'' W

N

Map projection: Web Mercator Corner coordinates: WGS84 Edge tics: UTM Zone 16N WGS840 150 300 600 900

Feet0 45 90 180 270

MetersMap Scale: 1:3,140 if printed on A portrait (8.5" x 11") sheet.

Soil Map may not be valid at this scale.

Soil Map - Parcel 5

20

Page 23: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

MA

P LE

GEN

DM

AP

INFO

RM

ATIO

N

Are

a of

Inte

rest

(AO

I)Ar

ea o

f Int

eres

t (AO

I)

Soils

Soil

Map

Uni

t Pol

ygon

s

Soil

Map

Uni

t Lin

es

Soil

Map

Uni

t Poi

nts

Spec

ial P

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ture

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l Map

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e.

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rgem

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the

scal

e of

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il of

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map

s do

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ap s

heet

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ap

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Map

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ace

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ec 3

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ase

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ay b

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Soil

Map

—O

cean

a C

ount

y, M

ichi

gan

(Par

cel 5

)

Nat

ural

Res

ourc

esC

onse

rvat

ion

Serv

ice

Web

Soi

l Sur

vey

Nat

iona

l Coo

pera

tive

Soil

Surv

ey2/

7/20

20Pa

ge 2

of 3

Soil Map - Parcel 5

21

Page 24: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Map Unit Legend

Map Unit Symbol Map Unit Name Acres in AOI Percent of AOI

49B3 Grattan sand, 0 to 6 percent slopes, severely eroded

0.0 0.0%

59B Benona sand, 0 to 6 percent slopes

38.2 97.3%

59C Benona sand, 6 to 18 percent slopes

0.9 2.4%

97 Kerston and Carlisle mucks, frequently flooded

0.1 0.3%

Totals for Area of Interest 39.3 100.0%

Soil Map—Oceana County, Michigan Parcel 5

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/7/2020Page 3 of 3

Soil Map - Parcel 5

22

Page 25: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Soil Map—Oceana County, Michigan(Parcel 6)

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/7/2020Page 1 of 3

4833

440

4833

530

4833

620

4833

710

4833

800

4833

890

4833

980

4834

070

4834

160

4833

440

4833

530

4833

620

4833

710

4833

800

4833

890

4833

980

4834

070

4834

160

561900 561990 562080 562170 562260 562350 562440

561900 561990 562080 562170 562260 562350 562440

43° 39' 28'' N86

° 1

3' 5

6'' W

43° 39' 28'' N

86° 1

3' 3

1'' W

43° 39' 4'' N

86° 1

3' 5

6'' W

43° 39' 4'' N

86° 1

3' 3

1'' W

N

Map projection: Web Mercator Corner coordinates: WGS84 Edge tics: UTM Zone 16N WGS840 150 300 600 900

Feet0 50 100 200 300

MetersMap Scale: 1:3,630 if printed on A portrait (8.5" x 11") sheet.

Soil Map may not be valid at this scale.

Soil Map - Parcel 6

23

Page 26: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

MA

P LE

GEN

DM

AP

INFO

RM

ATIO

N

Are

a of

Inte

rest

(AO

I)Ar

ea o

f Int

eres

t (AO

I)

Soils

Soil

Map

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t Pol

ygon

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Map

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grap

hy

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that

com

pris

e yo

ur A

OI w

ere

map

ped

at

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,800

.

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ning

: Soi

l Map

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not

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at t

his

scal

e.

Enla

rgem

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f map

s be

yond

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scal

e of

map

ping

can

cau

se

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unde

rsta

ndin

g of

the

deta

il of

map

ping

and

acc

urac

y of

soi

l lin

e pl

acem

ent.

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map

s do

not

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w th

e sm

all a

reas

of

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that

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ld h

ave

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wn

at a

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e de

taile

d sc

ale.

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se re

ly o

n th

e ba

r sca

le o

n ea

ch m

ap s

heet

for m

ap

mea

sure

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ts.

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ce o

f Map

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atur

al R

esou

rces

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serv

atio

n Se

rvic

eW

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oil S

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tor (

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e W

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t dis

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ce a

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rea.

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roje

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n th

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e Al

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equ

al-a

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sed

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ore

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tions

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ista

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ener

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from

the

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RC

S ce

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d da

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ion

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ey A

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ount

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ichi

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ey A

rea

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a:

Vers

ion

14, S

ep 1

6, 2

019

Soil

map

uni

ts a

re la

bele

d (a

s sp

ace

allo

ws)

for m

ap s

cale

s 1:

50,0

00 o

r lar

ger.

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e(s)

aer

ial i

mag

es w

ere

phot

ogra

phed

: D

ec 3

1, 2

009—

Nov

4,

201

6

The

orth

opho

to o

r oth

er b

ase

map

on

whi

ch th

e so

il lin

es w

ere

com

pile

d an

d di

gitiz

ed p

roba

bly

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rs fr

om th

e ba

ckgr

ound

im

ager

y di

spla

yed

on th

ese

map

s. A

s a

resu

lt, s

ome

min

or

shift

ing

of m

ap u

nit b

ound

arie

s m

ay b

e ev

iden

t.

Soil

Map

—O

cean

a C

ount

y, M

ichi

gan

(Par

cel 6

)

Nat

ural

Res

ourc

esC

onse

rvat

ion

Serv

ice

Web

Soi

l Sur

vey

Nat

iona

l Coo

pera

tive

Soil

Surv

ey2/

7/20

20Pa

ge 2

of 3

Soil Map - Parcel 6

24

Page 27: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Soil Map—Oceana County, Michigan

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/3/2020Page 1 of 3

4821

080

4821

130

4821

180

4821

230

4821

280

4821

330

4821

380

4821

430

4821

480

4821

530

4821

080

4821

130

4821

180

4821

230

4821

280

4821

330

4821

380

4821

430

4821

480

4821

530

549270 549320 549370 549420 549470 549520 549570

549270 549320 549370 549420 549470 549520 549570

43° 32' 42'' N86

° 2

3' 2

5'' W

43° 32' 42'' N

86° 2

3' 1

0'' W

43° 32' 27'' N

86° 2

3' 2

5'' W

43° 32' 27'' N

86° 2

3' 1

0'' W

N

Map projection: Web Mercator Corner coordinates: WGS84 Edge tics: UTM Zone 16N WGS840 100 200 400 600

Feet0 30 60 120 180

MetersMap Scale: 1:2,240 if printed on A portrait (8.5" x 11") sheet.

Soil Map may not be valid at this scale.

25

Page 28: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

MA

P LE

GEN

DM

AP

INFO

RM

ATIO

N

Are

a of

Inte

rest

(AO

I)Ar

ea o

f Int

eres

t (AO

I)

Soils

Soil

Map

Uni

t Pol

ygon

s

Soil

Map

Uni

t Lin

es

Soil

Map

Uni

t Poi

nts

Spec

ial P

oint

Fea

ture

sBl

owou

t

Borro

w P

it

Cla

y Sp

ot

Clo

sed

Dep

ress

ion

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vel P

it

Gra

velly

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t

Land

fill

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Flo

w

Mar

sh o

r sw

amp

Min

e or

Qua

rry

Mis

cella

neou

s W

ater

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nnia

l Wat

er

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k O

utcr

op

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e Sp

ot

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y Sp

ot

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rely

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c Sp

ot

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l Are

a

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y Sp

ot

Very

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ny S

pot

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t

Oth

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ial L

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als

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spor

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ails

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rsta

te H

ighw

ays

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Rou

tes

Maj

or R

oads

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l Roa

ds

Bac

kgro

und Ae

rial P

hoto

grap

hy

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soil

surv

eys

that

com

pris

e yo

ur A

OI w

ere

map

ped

at

1:15

,800

.

War

ning

: Soi

l Map

may

not

be

valid

at t

his

scal

e.

Enla

rgem

ent o

f map

s be

yond

the

scal

e of

map

ping

can

cau

se

mis

unde

rsta

ndin

g of

the

deta

il of

map

ping

and

acc

urac

y of

soi

l lin

e pl

acem

ent.

The

map

s do

not

sho

w th

e sm

all a

reas

of

cont

rast

ing

soils

that

cou

ld h

ave

been

sho

wn

at a

mor

e de

taile

d sc

ale.

Plea

se re

ly o

n th

e ba

r sca

le o

n ea

ch m

ap s

heet

for m

ap

mea

sure

men

ts.

Sour

ce o

f Map

: N

atur

al R

esou

rces

Con

serv

atio

n Se

rvic

eW

eb S

oil S

urve

y U

RL:

C

oord

inat

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stem

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eb M

erca

tor (

EPSG

:385

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Map

s fro

m th

e W

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oil S

urve

y ar

e ba

sed

on th

e W

eb M

erca

tor

proj

ectio

n, w

hich

pre

serv

es d

irect

ion

and

shap

e bu

t dis

torts

di

stan

ce a

nd a

rea.

A p

roje

ctio

n th

at p

rese

rves

are

a, s

uch

as th

e Al

bers

equ

al-a

rea

coni

c pr

ojec

tion,

sho

uld

be u

sed

if m

ore

accu

rate

cal

cula

tions

of d

ista

nce

or a

rea

are

requ

ired.

This

pro

duct

is g

ener

ated

from

the

USD

A-N

RC

S ce

rtifie

d da

ta a

s of

the

vers

ion

date

(s) l

iste

d be

low.

Soil

Surv

ey A

rea:

O

cean

a C

ount

y, M

ichi

gan

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ey A

rea

Dat

a:

Vers

ion

14, S

ep 1

6, 2

019

Soil

map

uni

ts a

re la

bele

d (a

s sp

ace

allo

ws)

for m

ap s

cale

s 1:

50,0

00 o

r lar

ger.

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e(s)

aer

ial i

mag

es w

ere

phot

ogra

phed

: D

ec 3

1, 2

009—

Jun

20, 2

016

The

orth

opho

to o

r oth

er b

ase

map

on

whi

ch th

e so

il lin

es w

ere

com

pile

d an

d di

gitiz

ed p

roba

bly

diffe

rs fr

om th

e ba

ckgr

ound

im

ager

y di

spla

yed

on th

ese

map

s. A

s a

resu

lt, s

ome

min

or

shift

ing

of m

ap u

nit b

ound

arie

s m

ay b

e ev

iden

t.

Soil

Map

—O

cean

a C

ount

y, M

ichi

gan

Nat

ural

Res

ourc

esC

onse

rvat

ion

Serv

ice

Web

Soi

l Sur

vey

Nat

iona

l Coo

pera

tive

Soil

Surv

ey2/

3/20

20Pa

ge 2

of 3

26

Page 29: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Map Unit Legend

Map Unit Symbol Map Unit Name Acres in AOI Percent of AOI

43C Spinks loamy fine sand, 6 to 12 percent slopes

3.9 32.1%

43D Spinks loamy fine sand, 12 to 18 percent slopes

6.8 55.1%

52 Granby sand 0.3 2.6%

59B Benona sand, 0 to 6 percent slopes

1.2 9.4%

59C Benona sand, 6 to 18 percent slopes

0.1 0.8%

Totals for Area of Interest 12.3 100.0%

Soil Map—Oceana County, Michigan

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/3/2020Page 3 of 3

27

Page 30: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Soil

Map

—O

cean

a C

ount

y, M

ichi

gan

Nat

ural

Res

ourc

esC

onse

rvat

ion

Serv

ice

Web

Soi

l Sur

vey

Nat

iona

l Coo

pera

tive

Soil

Surv

ey2/

3/20

20Pa

ge 1

of 3

484068048407004840720484074048407604840780484080048408204840840

484068048407004840720484074048407604840780484080048408204840840

5699

7056

9990

5700

1057

0030

5700

5057

0070

5700

9057

0110

5701

3057

0150

5701

7057

0190

5702

1057

0230

5699

7056

9990

5700

1057

0030

5700

5057

0070

5700

9057

0110

5701

3057

0150

5701

7057

0190

5702

1057

0230

43° 4

3' 2

'' N86° 7' 53'' W

43° 4

3' 2

'' N

86° 7' 41'' W

43° 4

2' 5

6'' N

86° 7' 53'' W

43° 4

2' 5

6'' N

86° 7' 41'' W

N

Map

pro

ject

ion:

Web

Mer

cato

r C

orne

r coo

rdin

ates

: WGS

84

Edge

tics

: UTM

Zon

e 16

N W

GS84

050

100

200

300Fe

et0

1530

6090M

eter

sM

ap S

cale:

1:1

,240

if p

rinte

d on

A la

ndsc

ape

(11"

x 8

.5")

shee

t.

Soi

l Map

may

not

be

valid

at

this

sca

le.

Soil Map - Parcel 8

28

Page 31: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

MA

P LE

GEN

DM

AP

INFO

RM

ATIO

N

Are

a of

Inte

rest

(AO

I)Ar

ea o

f Int

eres

t (AO

I)

Soils

Soil

Map

Uni

t Pol

ygon

s

Soil

Map

Uni

t Lin

es

Soil

Map

Uni

t Poi

nts

Spec

ial P

oint

Fea

ture

sBl

owou

t

Borro

w P

it

Cla

y Sp

ot

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29

Page 32: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Map Unit Legend

Map Unit Symbol Map Unit Name Acres in AOI Percent of AOI

16B Remus fine sandy loam, 1 to 6 percent slopes

2.5 50.9%

49B Grattan sand, 0 to 6 percent slopes

0.2 4.5%

50B Covert sand, 0 to 6 percent slopes

0.3 6.4%

71 Houghton and Carlisle soils 0.6 11.6%

72 Adrian muck, 0 to 1 percent slopes

1.3 25.8%

77 Napoleon muck 0.0 0.9%

Totals for Area of Interest 5.0 100.0%

Soil Map—Oceana County, Michigan

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/3/2020Page 3 of 3

Soil Map - Parcel 8

30

Page 33: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

Map Unit Legend

Map Unit Symbol Map Unit Name Acres in AOI Percent of AOI

45D Spinks-Benona complex, 12 to 18 percent slopes

0.7 3.6%

59B Benona sand, 0 to 6 percent slopes

20.0 96.4%

Totals for Area of Interest 20.7 100.0%

Soil Map—Oceana County, Michigan Parcel 6

Natural ResourcesConservation Service

Web Soil SurveyNational Cooperative Soil Survey

2/7/2020Page 3 of 3

Soil Map - Parcel 6

31

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32

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33

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34

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35

Page 38: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

PRIVACY INFORMATION

   

FileNo.: GR-143666  Page 7 of 17

We Are Committed to Safeguarding Customer Information In order to better serve your needs now and in the future, we may ask you to provide us with certain information. We understand that you may be concerned about what we will do with such information – particularly any personal or financial information. We agree that you have a right to know how we will utilize the personal information you provide to us. Therefore, we have adopted this Privacy Policy to govern the use and handling of your personal information.

Applicability This Privacy Policy governs our use of the information which you provide to us. It does not govern the manner in which we may use information we have obtained from any other source, such as information obtained from a public record or from another person or entity.

Types of Information Depending upon which of our services you are utilizing, the types of nonpublic personal information that we may collect include:

Information we receive from you on applications, forms and in other communications to us, whether in writing, in

person, by telephone or any other means; Information about your transactions with us, our affiliated companies, or others; and

Information we receive from a consumer reporting agency. Use of Information We request information from you for our own legitimate business purposes and not for the benefit of any nonaffiliated party. Therefore, we will not release your information to nonaffiliated parties except: (1) as necessary for us to provide the product or service you have request of us; or (2) as permitted by law. We may, however, store such information indefinitely, including the period after which any customer relationship has ceased. Such information may be used for any internal purpose, such as quality control efforts or customer analysis. We may also provide all of the types of nonpublic personal information listed above to one or more of our affiliated companies. Such affiliated companies include financial service providers, such as title insurers, property and casualty insurers, and trust and investment advisory companies, or companies involved in real estate services, such as appraisal companies, home warranty companies, and escrow companies. Furthermore, we may also provide all the information we collect, as described above, to companies that perform marketing services on our behalf, on behalf of our affiliated companies, or to other financial institutions with whom we or our affiliated companies have joint marketing agreements.

Former Customers Even if you are no longer our customer, our Privacy Policy will continue to apply to you.

Confidentiality and Security We will use our best efforts to ensure that no unauthorized parties have access to any of your information. We restrict access to nonpublic personal information about you to those individuals and entities who need to know that information to provide products or services to you. We will use our best efforts to train and oversee our employees and agents to ensure that your information will be handled responsibly and in accordance with this Privacy Policy. We currently maintain physical, electronic and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.

36

Page 39: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

ALTA COMMITMENT FOR TITLE INSURANCE SCHEDULE A

ISSUED BY FIDELITY NATIONAL TITLE INSURANCE COMPANY

This page is only a part of a 2016 ALTA® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I - Requirements; and Schedule B, Part II -Exceptions; and a countersignature by the Company or its issuing agent that may be in electronic form. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.

File No.: GR-143666  

ALTA Commitment For Title Insurance 8-1-16

Page 8 of 17

Transaction Identification Data for reference only: Issuing Agent: Best Homes Title Agency, LLC Issuing Office: 4949 Plainfield Avenue NE, Grand Rapids, Michigan 49525

Telephone: (616) 885-9027 Facsimile: (616) 885-9033Commitment Number: GR-143666  Revision No. 2 Property Address: Newaygo and Oceana Counties, ,

1. Commitment Date: 01/15/2020 at 8:00 AM

2. Policy to be issued: Proposed Policy Amount

a. ALTA Homeowner's Policy $10,000.00

Proposed Insured: Slocum Farms, LLC, formerly known as Slocum Tree Farm, LLC,

3. The estate or interest in the Land described or referred to in this Commitment is Fee Simple.

4. Title to the said estate or interest in the Land is at the Commitment Date vested in: Slocum Farms, LLC, formerly known as Slocum Tree Farm, LLC,

5. The Land is described as follows: ~ SEE ATTACHED LEGAL DESCRIPTION RIDER ~

By: ___________________________ Authorized Countersignature

37

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ALTA COMMITMENT FOR TITLE INSURANCE SCHEDULE A

ISSUED BY FIDELITY NATIONAL TITLE INSURANCE COMPANY

This page is only a part of a 2016 ALTA® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I - Requirements; and Schedule B, Part II -Exceptions; and a countersignature by the Company or its issuing agent that may be in electronic form. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.

File No.: GR-143666  

ALTA Commitment For Title Insurance 8-1-16

Page 9 of 17

LEGAL DESCRIPTION RIDER 

 

Situated in the of , County of , State of Michigan

Parcel 1:

The West 3/4 of the North 1/2 of the Southwest 1/4 of Section 10, Town 14 North, Range 14 West, Denver Township, Newaygo County, Michigan, AND

The East 1/4 of the North 1/2 of the Southwest 1/4 of Section 10, Town 14 North, Range 14 West, Denver Township, Newaygo County, Michigan.

Parcel 2:

The Northwest 1/4 of the Southeast 1/4 of Section 10, Town 14 North, Range 14 West, Denver Township, Newaygo County, Michigan.

Parcel 3:

The Southwest 1/4 of the Northwest 1/4 of Section 10, Town 14 North, Range 14 West, Denver Township, Newaygo County, Michigan, EXCEPT a parcel in the Southeast corner thereof 272 feet North and South by 320 feet East and West.

Parcel 4-A: The North 1/2 of the Southwest 1/4 of the Northeast 1/4 of Section 7, Township 15 North, Range 15 West, Leavitt Township, Oceana County, Michigan.

Parcel 4-B: The Northwest 1/4 of the Northeast 1/4 of Section 7, Township 15 North, Range 15 West, Leavitt Township, Oceana County, Michigan, except the North 13 Acres thereof.

Parcel 5: The Southwest 1/4 of the Southeast 1/4 of Section 5, Township 15 North, Range 16 West, Elbridge Township, Oceana County, Michigan.

Parcel 6: The East 28 Rods (462 feet) of the North 3/4 of the East 1/2 of the Northwest 1/4 of Section 33, Township 15 North, Range 16 West, Elbridge Township, Oceana County, Michigan.

Parcel 7: That part of the Northeast 1/4 of the Northwest 1/4 and the West 1/2 of the Northwest 1/4 of the Northeast 1/4 of Section 7, Township 13 North, Range 17 West, Grant Township, Oceana County, Michigan, lying Easterly of the portion thereof deeded to the MIchigan State Highway Commission at Instrument number 730042, and except a portion thereof lying Easterly of a line commencing 298 feet East of the North 1/4 corner of the said Section 7 on the North Section line; thence South 0 degrees 09'20'' West to the Northerly boundary of US Highway 31.

38

Page 41: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

ALTA COMMITMENT FOR TITLE INSURANCE SCHEDULE A

ISSUED BY FIDELITY NATIONAL TITLE INSURANCE COMPANY

This page is only a part of a 2016 ALTA® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I - Requirements; and Schedule B, Part II -Exceptions; and a countersignature by the Company or its issuing agent that may be in electronic form. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.

File No.: GR-143666  

ALTA Commitment For Title Insurance 8-1-16

Page 10 of 17

Parcel 8: The South 1/2 of the Northeast 1/4 of the Southeast 1/4 of the Southwest 1/4 of Section 5, Township 15 North, Range 15 West, Leavitt Township and Village of Walkerville, Oceana County, Michigan.

39

Page 42: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

ALTA COMMITMENT FOR TITLE INSURANCE SCHEDULE B PART I

ISSUED BY FIDELITY NATIONAL TITLE INSURANCE COMPANY

 

This page is only a part of a 2016 ALTA® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I - Requirements; and Schedule B, Part II -Exceptions; and a countersignature by the Company or its issuing agent that may be in electronic form. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.

File No.: GR-143666  

ALTA Commitment For Title Insurance 8-1-16

Page 11 of 17

Requirements

File No. GR-143666

All of the following Requirements must be met: 1. The Proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment

who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions.

2. Pay the agreed amount for the estate or interest to be insured.

3. Pay the premiums, fees, and charges for the Policy to the Company.

4. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records. A. Submit "Affidavit by Owner". Additional requirements may be made or exceptions taken for matters

disclosed therein.

B. The Proposed Policy Amount(s) must be increased to the full value of the estate or interest being insured, and any additional premium must be paid at that time. An Owner’s policy should reflect the purchase price or full value of the Land. A Loan Policy should reflect the loan amount or value of the property as collateral. Proposed Policy Amount(s) will be revised and premiums charged consistent therewith when the final amounts are approved. Additional requirements will be added, or exceptions taken, when the names of the Proposed Insured(s) have been determined and the Commitment is updated. The following requirements are listed only as reference based on the current status of Fee Simple title and the exceptions listed on Schedule B–Part II as of the effective date of this Commitment.

C. Submit to the Company the Operating Agreement, including any amendments thereto, of Slocum Farms, LLC, the Certificate issued by the Michigan Department of Licensing and Regulatory Affairs evidencing proper filing of the Articles of Organization and documentary evidence that said entity is a duly registered legal entity in good standing. **NOTE: The above must be submitted to the Company for review before closing. The Company reserves the right to make further requirements and/or exceptions based upon examination of same.

D. Discharge(s) and/or Partial Releases (releasing subject property) of the mortgage(s) excepted on Schedule B – Section II. (In the event the loan is secured by a Mortgage allowing for advances of a credit line, please be advised that the borrower must authorize the lender to freeze the referenced credit line upon issuance of the payoff.)

5. Pay unpaid taxes and assessments unless shown as paid. The amounts shown as unpaid do not include collection fees, penalties or interest.

SEE ATTACHED TAX INFORMATION SHEET

40

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Page 12 of 17

 

41

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Page 13 of 17

TAX INFORMATION SHEET The amounts shown as unpaid do not include collection fees, penalties or interest.

Property Address: Newaygo and Oceana Counties, ,

 

42

Page 45: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

ALTA COMMITMENT FOR TITLE INSURANCE SCHEDULE B PART II

ISSUED BY FIDELITY NATIONAL TITLE INSURANCE COMPANY  

This page is only a part of a 2016 ALTA® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I - Requirements; and Schedule B, Part II -Exceptions; and a countersignature by the Company or its issuing agent that may be in electronic form. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.

File No.: GR-143666  

ALTA Commitment For Title Insurance 8-1-16

Page 14 of 17

Exceptions File No.: GR-143666   THIS COMMITMENT DOES NOT REPUBLISH ANY COVENANT, CONDITION, RESTRICTION, OR LIMITATION CONTAINED IN ANY DOCUMENT REFERRED TO IN THIS COMMITMENT TO THE EXTENT THAT THE SPECIFIC COVENANT, CONDITION, RESTRICTION, OR LIMITATION VIOLATES STATE OR FEDERAL LAW BASED ON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, HANDICAP, FAMILIAL STATUS, OR NATIONAL ORIGIN. The Policy will not insure against loss or damage resulting from the terms and provisions of any lease or easement identified in Schedule A, and will include the following Exceptions unless cleared to the satisfaction of the Company: 1. Any defect, lien, encumbrance, adverse claim, or other matter that appears for the first time in the Public Records or is

created, attaches, or is disclosed between the Commitment Date and the date on which all of the Schedule B, Part I - Requirements are met.

2. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title including discrepancies, conflicts in boundary lines, shortage in area, or any other facts that would be disclosed by an accurate and complete land survey of the Land, and that are not shown in Public Records.

3. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land.

4. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records.

5. Any lien or right to lien for services, labor or material imposed by law and not shown by the public records. 6. Taxes and assessments that become a lien against the property after date of closing. The company assumes no

liability for tax increases occasioned by retroactive revaluation, changes in the land usage or loss of any principal residence exemption status for the insured premises.

7. Minerals of whatsoever kind, subsurface and surface substances, including but not limited to coal, lignite, oil, gas,

uranium, clay, rock, sand and gravel in, on, under and may be produced from the Land, together with all rights, privileges, and immunities relating thereto, whether or not appearing in the Public Records or listed in Schedule B.

8. Taxes and assessments that become a lien against the property after date of closing. The company assumes no liability for tax increases occasioned by retroactive revaluation, changes in the land usage or loss of any principal residence exemption status for the insured premises.

9. All oil, gas and mineral interests of every kind and nature, and all rights appurtenant thereto.

43

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ALTA COMMITMENT FOR TITLE INSURANCE SCHEDULE B PART II

ISSUED BY FIDELITY NATIONAL TITLE INSURANCE COMPANY  

This page is only a part of a 2016 ALTA® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I - Requirements; and Schedule B, Part II -Exceptions; and a countersignature by the Company or its issuing agent that may be in electronic form. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.

File No.: GR-143666  

ALTA Commitment For Title Insurance 8-1-16

Page 15 of 17

10. Any and all oil, gas and mineral rights and reservations of every kind and nature whether recorded or unrecorded and all rights pertinent thereto. Rights of tenants under unrecorded leases and all and all parties claiming by, through and thereunder.

11. Any rights, title, interest or claim thereof to that portion of the land taken, used or granted for streets, roads or highways.

12. Affidavit Attesting that Qualified Agricultural Property or Qualified Forest Shall Remain Qualified Agricultural Property as recorded in Liber 441, Page 3491, Newaygo County Records, as to Parcels 1, 2 and 3.

13. Oil and Gas Lease in favor of Mohawk Oil & Chemical Co., as lessee, recorded in Series A, Page 2568, Newaygo County Records, and any subsequent instruments pertinent thereto, as to Parcel 2.

14. Oil and Gas Lease in favor of Mohawk Oil & Chemical Co., as lessee, recorded in Series N, Page 2509, Newaygo County Records, and any subsequent instruments pertinent thereto, as to Parcel 2.

15. Mineral Deed as recorded in Liber 225, Page 317, Newaygo County Records, as to Parcel 2.

16. Notice of Intention to Retain Mineral Rights as recorded in Series T, Page 646, Newaygo County Records, as to Parcel 2.

17. Oil and Gas Lease in favor of George H. Gordon, as lessee, recorded in Series K, Page 9649, Newaygo County Records, and any subsequent instruments pertinent thereto, as to Parcels 1 and 3.

18. Mineral Deed as recorded in Liber 263, Page 384, Newaygo County Records, as to Parcel 3.

19. Affidavit of Qualified Agricultural Property recorded in Liber 2011, Page 12566. (Parcel 4-B)

20. Affidavit of Qualified Agricultural Property recorded in Liber 2011, Page 2832. (Parcel 4)

21. Oil and Gas Lease in favor of J. Lohens, as lessee, recorded in Liber 2003 Page 24848, and any subsequent instruments pertinent thereto. Affidavit of Non-Payment of Option to Extend recorded in Liber 2009, Page 4829 (Parcel 4)

22. Oil and Gas Lease in favor of Schmude Oil, as lessee, recorded in Liber 2009 Page 4816, and any subsequent instruments pertinent thereto. (Parcel 4 and more land)

23. Oil and Gas Lease in favor of Shell Western E&P Inc., as lessee, recorded in Document# 883710, and re-recorded in Document # 883786 and any subsequent instruments pertinent thereto. (Parcel 4)

24. Oil, gas and or mineral interests granted to or reserved by instrument recorded in Liber 269 Page 22, and any subsequent instruments pertinent thereto. (Parcel 5 and 6)

44

Page 47: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

ALTA COMMITMENT FOR TITLE INSURANCE SCHEDULE B PART II

ISSUED BY FIDELITY NATIONAL TITLE INSURANCE COMPANY  

This page is only a part of a 2016 ALTA® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I - Requirements; and Schedule B, Part II -Exceptions; and a countersignature by the Company or its issuing agent that may be in electronic form. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.

File No.: GR-143666  

ALTA Commitment For Title Insurance 8-1-16

Page 16 of 17

25. Affidavit Attesting that Property Shall remain Qualified Agricultural Property recorded in Liber 2011, Page 1727. (Parcels 5 and 6)

26. Oil and Gas Lease in favor of George Perry, as lessee, recorded in Document# 872641 and any subsequent instruments pertinent thereto (Parcel 6)

27. Oil, gas and or mineral interests granted to or reserved by instrument recorded in Document # 953810, and any subsequent instruments pertinent thereto. (Parcel 6)

28. Easement granted to Terra Energy Ltd recorded in Document # 887552. (Parcel 6)

29. Option for Right of Way recorded 2/6/1997 in Document #971843, as Assigned in Document No. 983065. (Parcel 7)

30. Affidavit of Qualified Agricultural Property recorded in Liber 2011, Page 1417. (Parcel 7)

31. Right of Way grant unto Basin Pipeline, LLC recorded 7/1/1998 in Document #9814354. Ratification recorded 9/29/1998 in Document #9821022. (Parcel 7)

32. Oil and Gas Lease in favor of DE Hibbard and FM Bernard, as lessee, recorded in Liber 297, Page 633, and any subsequent instruments pertinent thereto. Last assigned to Northern Michigan Exploration Company in Document #713059. (Parcel 7)

33. Terms, covenants and conditions as set forth in instrument recorded in Document# 730042. (Parcel 7)

34. Oil and Gas Lease in favor of Alliance Energy Associates recorded in Document # 864173, and any subsequent instruments pertinent thereto. Last assigned to Shell Western in Document #880472. (Parcel 7)

35. Right of Way easement recorded 6/3/1997 in Document #978829. No legal attached. (Parcel 7)

36. Right of Way Easement recorded in Document # 896680. (Parcel 8)

37. Oil and Gas Lease in favor of The George H. Gordon Company, as lessee, recorded in Document #862983. (Parcel 8)

38. Mortgage between Slocum Farms, LLC, as mortgagor, and Shelby State Bank, as mortgagee, in the original stated principal amount of $1,119,000.00, dated July 15, 2011 recorded July 18, 2011 in Liber 442, Page 9848, Newaygo County Records, as to Parcels 1, 2 and 3 and additional land.

39. Mortgage between Slocum Farms, LLC,formerly known as Slocum Tree Farm, LLC, as mortgagor, and Shelby State Bank, as mortgagee, in the original stated principal amount of $600,000.00, dated September 30, 2011 recorded October 5, 2011 in Liber 443, Page 8058, Newaygo County Records, as to Parcels 1, 2 and 3 and additional land.

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Page 48: Newaygo County and Oceana County, Michigan Tuesday, March ... · 3/10/2020  · Located at E. Harrison Rd. between 120 th & 128 , Elbridge Township, Oceana County • Older asparagus

ALTA COMMITMENT FOR TITLE INSURANCE SCHEDULE B PART II

ISSUED BY FIDELITY NATIONAL TITLE INSURANCE COMPANY  

This page is only a part of a 2016 ALTA® Commitment for Title Insurance. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I - Requirements; and Schedule B, Part II -Exceptions; and a countersignature by the Company or its issuing agent that may be in electronic form. Copyright 2006-2016 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.

File No.: GR-143666  

ALTA Commitment For Title Insurance 8-1-16

Page 17 of 17

40. Mortgage between Slocum Farms, LLC, as mortgagor, and United States of America, acting through the Farm Service Agency, United States Department of Agriculture, as mortgagee, in the original stated principal amount of $ , dated April 25, 2013 recorded May 8, 2013 in Liber 450, Page 5032, Newaygo County Records, as to Parcels 1, 2 and 3.

41. Mortgage between Slocum Farms, LLC, as mortgagor, and Shelby State Bank, as mortgagee, in the original stated principal amount of $ , dated June 4, 2019 recorded June 12, 2019 in Liber 474, Page 3442, Newaygo County Records, as to Parcels 1, 2 and 3 and additional land.

42. Mortgage between Slocum Farms, LLC, a Michigan limited liability company, as mortgagor, and Shelby State Bank, as mortgagee, in the original stated principal amount of $ , dated 7/15/2011 recorded 7/15/2011 in Liber 2011, Page 12567. (Parcels 4-8 and additional land)

43. Mortgage between Slocum Farms, LLC, fka Slocum Tree Farm, LLC, a Michigan liminted liability company, as mortgagor, and Shelby State Bank, as mortgagee, in the original stated principal amount of $ , dated 9/30/2011 recorded 10/4/2011 in Liber 2011, Page 18454. (Parcels 4-8 and additional land)

44. Mortgage between Slocum Farms, LLC, a Michigan limited liability company, as mortgagor, and Shelby State Bank, as mortgagee, in the original stated principal amount of $ , dated 6/4/2019 recorded 6/12/2019 in Liber 2019, Page 10140. (Parcels 4-8 and additional land)

 

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