420 +/- ACRES (Revised 3/26/19)

OFFERED IN 7 TRACTS

EDWARDS & WABASH COUNTY LAND

DATE: THURSDAY MARCH 28^TH 2019 @ 6:30 PM

SELLER: BETHANY ROTRAMEL

LOCATION: AUCTION TO BE HELD AT THE KC HALL @ 212 WEST 5^TH STREET MT. CARMEL, IL.

SIGNS WILL BE POSTED. ALL ANNOUNCEMENTS AUCTION DAY TAKES PRECEDENCE OVER PRINTED MATERIAL.

TRACT 1 – 45 +/- ACRES, 37 +/- TILLABLE IN MT CARMEL TWP  (Revised 3/26/19)

MAJOR SOIL TYPES ARE HAYMOND & WAKELAND- PI 126

 CROP    BASE ACRES         PLC YIELD

 CORN                16.81               108

SOYBEANS        20.09                  35

DIRECTIONS: IN MT. CARMEL, IL GOING SOUTH ON HWY 1 TURN ONTO 10^TH AVE GO ½ MILE TO LANE ON LEFT SIDE OF ROAD.

PLEASE RESPECT EASEMENT LANE INTO THE PROPERTY.

TRACT 2 – 40 +/- ACRES, 37 +/- TILLABLE IN BELLMONT TWP

FSA INFORMATION NOT AVAILABLE

MAJOR SOIL TYPES ARE RACCOON & STOY – PI 108

 

DIRECTIONS:  SOUTH OF BELLMONT, IL ON HWY 8 TURN ONTO 1070N AND FOLLOW THE CURVES TO SUBJECT PROPERTY.

TRACT 3 – 60 +/- ACRES, 36 +/- TILLABLE IN FRENCH CREEK TWP

MAJOR SOIL TYPES ARE CAMDEN & WAKELAND – PI 118

CROP                 BASE ACRES          PLC YIELD

CORN                     16.23                        108

SOYBEANS             19.4                            35

DIRECTIONS: NORTH OF GRAYVILLE IL ON RT 130 TURN ONTO NORTH 1^ST STREET (875E) GO 1 ¾ MILE TO SUBJECT PROPERTY.

PLEASE RESPECT THE LANE GOING BACK TO THE PROPERTY.

TRACTS 4-7    275 +/- ACRES, 155 +/- TILLABLE IN COMPTON TWP  (Revised 3/26/19)

MAJOR SOIL TYPES ARE ALVIN & WORTHEN – PI 120

CROP                 BASE ACRES          PLC YIELD

CORN                     74.23                        108

SOYBEANS             88.74                         35

DIRECTIONS: 1 MILE SOUTH OF COWLING, IL ON 700N or 4 MILES NORTHEAST OF GRAYVILLE, IL JUST OFF RT 1.

PLEASE RESPECT THE LANE GOING BACK TO THE PROPERTY.

Terms and Conditions

10% down will be required on the day of auction and the balance will be due at closing.  Closing will be approximately 45 days following the date of auction.  All successful bidders will be required to enter into a purchase agreement at the auction site. Buyers will receive possession of property at the closing. The auction is offered with reserve and is subject to court approval.  Earnest money is non-refundable and will be forfeited if buyer fails to close and complete the contract.  Buyer will receive all of seller’s interest in the mineral rights. Buyers will receive farming rights for 2019.

Absence of Warranties and Disclaimer

All information contained in this brochure, and related marketing materials, are subject to the terms and conditions contained in the Purchase Contract and Addendums.  The property is being sold “As Is, Where Is”, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Auction Company.  All acreages are approximate.  Each bidder is responsible to perform their own due diligence concerning the property.  Conducting the auction and increments of bidding are at the direction and discretion of the auctioneer.  The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons’ fitness or credentials.  All decisions of the Auctioneer are final and ANY AND ALL ANNOUNCEMENTS MADE DAY OF THE AUCTION TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.

AUCTIONEERS NOTES

YOUR ATTENDANCE IS ALWAYS APPRECIATED.