
PUBLIC
AUCTION OF REAL ESTATE
39.56 Acres more or less
Prime Moultrie County Farm Land
Seller:
Thomas & Linda Elder
WEDNESDAY,
JANUARY 18TH, 2012
AT 10:00 A.M.
AUCTION
LOCATION
Moultrie County 4-H Center on Jonathan Creek Rd.,
Sullivan, IL 61951
(IL Rt. 121 W. of Mattoon OR E. of Sullivan to Mid State
Tank Co. – turn on Jonathan Creek Rd – go approx
1 ½ miles to site. From Arthur, IL – IL Rt. 133
W. to Jonathan Creek Rd – go S. approx. 5 miles to site)
Watch For Our Auction Signs!
FARM
LOCATION
IL Rt. 121 West of Sullivan to Rd 825 E. Turn South go
1/8 mile to
Rd 1415 N. Go West approx. ¾ mile to farm. From Decatur,
IL E. to Rd 825 E. Turn South 1/8 mile and turn on Rd 1415
N. Go West ¾
mile to farm. Watch For Our Auction Signs!
Wood &
Mayberry Attorney’s for the Seller
200 W. Harrison St. Sullivan, IL
217-728-7369
For further information contact
–
Auctioneer, Bob Lamendola or Steven K. Wood, Attorney
Any announcements day of sale take precedence over any
printed matter.
Terms: Successful bidder
is required to sign written contract w/ 10% down payment day of
sale. Balance to paid within 30 days or upon receipt of good title.
Closing to be at law office of Wood and Mayberry, 200 W. Harrison
St., Sullivan, IL 61951, or any other location agreeable to all
parties. Property sells “as is” w/ no warranties or
guarantees. Taxes pro-rated to date of closing, according to latest
information available. Owner has the right to reject any and all
bids. Any announcements day of sale takes precedence over any
printed matter.
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TERMS
AND CONDITIONS
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| CONTRACT: |
Successful bidder will sign a contract
at conclusion of sale with a 10% down payment.
The balance will be due on or before February
17, 2012, Friday at 10:00 a.m.
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| FINANCING: |
Bidding is not subject
to buyer financing. Financing commitments should
be secured prior to the auction.
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| TITLE: |
A title policy in the amount
of the purchase price, subject to standard and usual
exceptions, will be furnished to the Buyer.
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| POSSESSION: |
Possession will be given at
closing.
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| ACREAGE: |
Total acreage, 39.56, is based
upon surveyed acres.
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| MINERALS: |
All mineral rights owned by
the Seller will be conveyed.
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| BIDS: |
The Seller reserves the right
to reject any and all bids.
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| REAL ESTATE TAXES: |
2011 real estate taxes, payable
in 2012 shall be paid by the Seller to the Buyer on
the date of closing based on the latest tax information
available, 2011 tax rate. 2012 real estate taxes and
all subsequent tax years shall be assumed by the Buyer.
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| SALES PROCEDURE: |
The property will be offered
to the highest bidder as final sale.
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| LEASE: |
The properties are free of
any previous tenant rights for the 2012 crop year.
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| ANNOUNCEMENTS: |
All announcements on sale date
shall have precedence over all printed material. |
DISCLAIMER: The information provided
is believed to be accurate and correct. However, it is
subject to verification and no liability for errors or
omissions is assumed. There are no warranties, expressed
or implied, as to the information herein contained, and
it is recommended that all buyers should make an independent
inspection of the property. All tracts are being sold
in “AS IS CONDITION WITH NO WARRANTIES.”
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Total Acres:
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39.56 Acres
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Tillable Acres:
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39.56 Estimated Tillable Acres
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Property Features:
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This is mostly tillable land
of Class A soils
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Soil Information:
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| Soil # |
Soil Name |
Productivity
Index |
| 154A |
Flanagan Silt Loam |
144 |
| 722A |
Drummer-Milford Silty Clay Loams |
144 |
| 56A |
Dana Silt Loam |
131 |
| 56B2 |
Dana Silt Loam |
131 |
| 291B2 |
Xenia Silt Loam |
118 |
*University of Illinois Bulletin No. 810 (The highest
possible P.I. is 147)
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ACTUAL YIELDS
- FSA
| 2004 |
Soybeans |
59 bu/ac |
| 2005 |
Corn |
207 bu/ac |
| 2006 |
Soybeans |
60 bu/ac |
| 2007 |
Corn |
220 bu/ac |
| 2008 |
Soybeans |
57 bu/ac |
| 2009 |
Corn |
192 bu/ac |
| 2010 |
Soybeans |
72 bu/ac |
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