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LAND AUCTION
68.86 ACRES (M/L) – 1 TRACT
KNOX COUNTY, ILLINOIS

AUCTION LOCATION: Knox Agri Center, 180 S. Soangetaha Road, Galesburg, Illinois

FRIDAY, JANUARY 8, 2010
AT 10 A.M.


GENERAL LOCATION: 2 miles east of Oneida, Ill. on Road 2500N to Road 1350E then one-half mile north or 2.75 miles south of Altona, Ill. on County Hwy. 12 to Road 2500N, 1.5 miles west to Road 1350E then one-half mile north.

PLAT LOCATION: 68.856 surveyed acres (m/l) located in the North Half of the Southeast Quarter of Section 29, Walnut Grove Township (T.13N.-R.3E.) Knox County, Illinois.

DESCRIPTION: The tract lies level to gently rolling and includes 65.7 FSA cropland acres. The balance of the acreage includes waterways and a grass lane. Primary soil types are Ipava (11.9 acres), Osco (50.2 acres) and Elkhart (6.6 acres) silt loams, all highly productive prairie soils. This tract would make a nice addition to any farming operation or investment portfolio. We invite your inspection of the property at anytime.

FSA DATA: Cropland – 65.7 acres; Corn Base – 58.5 acres; Corn Program Yields – 119/119; Soybean Base – 7.0 acres; Soybean Program Yields – 45/45.

TERMS: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before February 17, 2010. Full possession will be given at the closing. Title insurance provided. The sellers will pay the 2009 real estate taxes payable in 2010, and the buyers shall pay all subsequent taxes. All statements and representations herein are believed to be correct, however, the seller and the auctioneers make no warranties, expressed or implied. An agreement covering conditions of sale will be signed by the buyer(s) and the seller, and the terms thereof are incorporated herein by reference. Any announcements made on the day of sale will supersede those previously advertised. Please contact the auction firm for further information.

JOHN W. HANLON ESTATE
John M. Hanlon, Executor

Hanlon Law Office, 250 E. Main St.
Suite 318, Galesburg, Ill.
Ph. (309)342-4139

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