117 +/- ACRES 

Richland County Land – Preston Township

Sellers: Wade & Gwyn Wilson

Tuesday, May 14^th at 6:00 pm

Auction will be held at the Full Armor Olney Campus : 5014 IL-130, Olney, IL 62450

Location of Property:  Go North of Olney, IL on Route 130 approx. 4 miles and turn west on Dundas Lane, go 1.5 miles to field access road turn south and follow to field. Please respect the field access road.    Signs will be posted.

Tract 1

Consists of 40 +/- acres with approximately 38 acres of tillable.

Tract 2

Consists of 77 +/- acres with approximately 70 acres of tillable. Part of this tract has been tiled.

 

FSA INFORMATION

CORN: BASE ACRES-16.70   PLC YIELD-105

SOYBEANS: BASE ACRES-19.10  PLC YIELD-40

WHEAT: BASE ACRES- 2.20  PLC YIELD- 44

Both Tracts have had hog manure spread on them in recent years.

Tracts will be offered individually and in combination.

Terms and Conditions

A down payment of 5% will be required on auction day and the balance will be due at closing. All successful bidders are required to enter into a purchase agreement at the auction site. Buyer(s) will receive possession of property at closing. The auction is offered with reserve and is subject to seller confirmation. Earnest money is non-refundable and will be forfeited if buyer(s) fails to close and complete the contract. The buyer(s) will pay the 2024 real estate taxes that will be due in 2025. The sellers will retain ½ of the mineral rights for 20 years and as long as production continues.

Absence of Warranties & Disclaimer –

The property is being sold “As 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 for performing 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 reserves 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 & all announcements made day of the auction take precedence over printed material or any other oral statements made.

ROTHROCK AUCTION LLC

MARK ROTHROCK, AUCTIONEER/MANAGING BROKER    Ph. 618.839.5363

 ALEXIS MCFARLAND, AUCTIONEER       JOHN MCFARLAND, AUCTIONEER

6088 EAST WAYNE LANE, PARKERSBURG, IL 62452

IL LICENSE # 444000369      BROKER # 471003760

WWW.ROTHROCKAUCTION.COM