Plat Tract 1 7

760 +/ ACRES – RICHLAND & WAYNE COUNTY LAND

760 +/ ACRES

RICHLAND & WAYNE COUNTY LAND

FRIDAY, JANUARY 31ST at 5PM

Auction will be held at The Holiday in Olney, IL

SELLER:  COEN FAMILY LIMITED LIABILITY LIMITED PARTNERSHIP

Richland County, IL – Decker Township

Tract 1– 40 +/- Acres w/ 38.41 +/- tillable acres.   Sec 2 – T2N – R8E

Tract 2 – 40 +/- Acres w/ approx. 32.67 +/-tillable acres.    Sec 2 – T2N – R8E

Tract 3 – 80 +/- Acres w/ approx. 73.73 +/- tillable acres.   Sec 2 – T2N – R8E

Tract 4 – 77 +/- Acres w/ approx. 69.3 +/- tillable acres.   Sec 11 – T2N – R8E

Tract 5 – 80 +/- Acres w/ approx. 68.82 +/- tillable acres.    Sec 1 – T2N – R8E

Tract 6 – 26 +/- Acres.  All timber deer hunting ground!!               Sec 12 – T2N – R8E

Tract 7 – 139 +/- Acres w/ 136.48 +/- tillable acres.   Sec 12 – T2N – R8E

Directions:  Tracts 1-4, at Noble, IL from Rte 50 turn south onto Wynoose Road go 4 miles to Elbow Lane turn west go to Bottoms Road turn south 1/10 mile to Wilcox Bridge Lane turn west go 1 mile & follow auction signs.  Tract 2 access will be across an existing lane on east side of Tract 1.  Access to Tract 3 & Tract 4 is on west side of Clay Road.  There will be a 30 ft. easement across Tract 4.

Directions:  Tracts 5-7, follow Bottoms Road to Gallagher Lane turn East onto Gallagher go ¼ mile to Glenwood Road (unmarked) and turn south on a dirt road.  There will be a 30 ft. easement across 5 & 6 to Tract 7.  All buyers of each tract will share in the maintenance of the proposed easement.

Wayne County, IL – Mt. Erie (N) Township

Tract 8 – 60 +/- Acres w/ approx. 32.86 +/- tillable acres.   Sec 20 – T2N – R9E

Tract 9 – 60 +/- Acres w/ 56.29 +/- tillable acres.   Sec 29 – T2N – R9E

Tract 10 – 160 +/- Acres w/ 160.12 +/- tillable acres.   Sec 28 – T2N – R9E

Directions:  Tracts 8 & 9, at Noble, IL from Rte 50 turn south onto Wynoose Road (County Road 3) go approx. 6 miles turn west onto 2300N. To Tract 10, continue south on Wynoose Road (County Road 3) to the “S” curve turn east and follow the access road to Tract 10.

Most (except Tract 1) of this farm is in the Little Wabash bottoms.  Signs will be posted for each tract.  Please respect all access roads as they could be soft.

For FSA information go to rothrockauction.com

FSA Information:

Base Acres:
Tract # FSA T# Wheat Corn Sorghum Soybeans
1 2507           1.40         20.60         11.00           5.30
2 & 3 2508           1.30         19.40         14.00         10.70
2557           1.40         44.10         20.80           3.50
4 2509           2.50         37.20         19.90           9.70
5 3573           1.30         43.00         20.20           4.10
6 3571                –                –                –                –
7 3572           1.20           8.10           5.20           4.20
3574           2.40         76.80         36.20           2.20
8 & 9 2558           1.70         54.40         25.60           7.40
10 3777           4.20         85.00         46.40         24.30
PCL Yield: 41 83 74 26

Real Estate 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 sold with reserve and is subject to seller confirmation.  Earnest money is non-refundable and will be forfeited if buyer fails to close and complete the contract.  Buyer will receive all of the seller’s interest in the mineral rights.

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.

John Clark, Attorney

Clark Law Office, Ltd.

Olney, Illinois

JANUARY 31ST @ 5PM

THE HOLIDAY, OLNEY, IL 62450