Cowser Farm Realty and Auction Service

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RUTH D. CLAYBAUGH TRUST
LAND AUCTION

SELLING 207.10 (+/-) ACRES OF
PEORIA COUNTY, IL FARM LAND


Located 2 miles north of Elmwood, IL on Rt. 78 then 2¼ miles east, or 2 miles west of Brimfield, IL on Rt. 150, then 3 miles south of Akron Services, then ¼ mile east to 20829 Claybaugh Rd, Elmwood, IL 61529 Watch for signs

THURSDAY, JANUARY 26, 2012
AT 10:00 A.M.

SALE TO BE HELD IN THE AMERICAN LEGION BLDG. ON U.S. RT. 150 IN BRIMFIELD, IL


TRACT I:

Legal Description: A part of the SW¼ of Sect. 27, Brimfield Twp., Peoria Co., IL (A complete legal available from title commitment and deed).
This tract contain 67.74 (+/-) acres w/ 55.97 (+/-) NHEL tillable farmland that lies level to gently sloping. The non-tillable is a waterway with trees and hunting area. The tillable soil types are Ipava, Elkhart, and a small portion of Hickory. There is road frontage on Bell School and Claybaugh Roads. There are no improvements.

TRACT II:

Legal Description: A part of the SW¼ of Section 27 and also a part of the S½ of the NW ¼ of Sect. 27, Brimfield Twp., Peoria Co., IL (A complete legal available from title commitment and deed).
This tract contains 139.36 (+/-) acres w/ 128.01 (+/-) acres HEL tillable farmland that lies level to gently sloping. The non-tillable land is a waterway w/ trees and hunting area. The tillable soil types are Ipava, Tama, Elkhart, Sylvan, and a small portion of Hickory. There is road frontage on Claybaugh Road, There are no improvements.
This entire farm has been a good producing farm and will make a good addition to your agricultural portfolio.

“PLAN TO TAKE A LOOK AT THIS CHOICE PIECE OF FARMLAND AND INVESTMENT PROPERTY, THEN COME TO THE AUCTION PREPARED TO BID AND BUY AT A PRICE YOU ARE WILLING TO PAY.”

TERMS OF REAL ESTATE: Cash with 10% of the sale price to be paid down day of sale for each tract and the balance due and payable in full on or before March 6, 2012 upon delivery of a Trustee’s Deed and a commitment for an owner’s title insurance policy in the amount of the sale price. Possession will be immediate upon final settlement in full and also possession for the 2012 and subsequent crop seasons. The 2011 real estate taxes will be paid by the seller. The 2012 and all subsequent years taxes will be paid by the purchaser. The property is being sold “As-Is” and without any warranties. There will be a purchase agreement to be signed day of sale. The sale is subject to the confirmation of the Trustees. The sale is not subject to financing. Any announcements made day of sale will supersede those previously advertised. For further information, contact the Auctioneers.

SALE ORDER: Each tract will be offered individually and then in combination, selling in the manner which reflects the highest return to the sellers. In the event the tracts are sold individually, there will be a survey.


RUTH D. CLAYBAUGH TRUST B
James Claybaugh & Charles Claybaugh, Co-Trustees

Attorney for Sellers:
Rick Johnson
Johnson, Bunce & Noble P.C.
7800 N. Sommer St. Suite 425
Peoria, IL 61602
Ph. 309-691-9650

SALE CONDUCTED BY:
COWSER AUCTION AND FARM REALTY
PH. 309-678-5224 GLASFORD, IL

Auctioneers:
COL. GAIL COWSER, CAI, AARE
Ph. 309-678-5224
Glasford, IL
IL Lic. #440.000132
E-mail: Cowserauction@hotmail.com
COL. JOHN H. BLISS
Ph. 309-224-8870
Princeville, IL

IL Lic. #440.000357

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Any announcements made day of sale will supersede those previously advertised.
Web Sites: www.cowserauction.com and www.illinoisauctioneers.org
E-Mail: cowserauction@hotmail.com