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LAND AUCTION
WARREN COUNTY, ILLINOIS
151.38 ACRES (M/L) – 2 TRACTS

AUCTION LOCATION: MONMOUTH AMERICAN LEGION HALL, ROUTE 34 & NORTH 11TH STREET, MONMOUTH, ILLINOIS

WEDNESDAY, JANUARY 28, 2009
AT 10:00 A.M.

TRACT 1 PHOTOS

TRACT 2 PHOTOS


GENERAL LOCATION: The property is located 2 miles North of Roseville Ill. or 10 miles South of Monmouth, Ill. on Route 67 to 90th Ave., then 1.5 miles East or 1.5 miles East of Roseville on Route 116 to 80th St. then 2 miles North. The farm is located on the southeast corner of the intersection of 90th Ave. and 80th St., both good blacktop roads.

PLAT LOCATION: 151.38 surveyed acres consisting of 2 contiguous tracts located in the Northwest Quarter of Section 21, Roseville Township (T.9N.-R2W.), Warren County, Illinois.

DESCRIPTION: Tract 1 –The North 75.69 acres (m/l); Tract 2 - The South 75.69 acres (m/l). These highly productive tracts lie level to gently rolling. Predominant soil types are Muscatune and Osco silt loams, both Class A Illinois soils. Grass waterways and proper soil conservation measures have been used to ensure optimum soil productivity. Tracts 1 and 2 have been recently surveyed will be sold by the high bidders’ choice method of marketing, wherein the high bidder will have the option of selecting one or both tracts. This property would make an excellent addition to any farming operation or investment portfolio!

FSA DATA FOR ENTIRE FARM: Cropland – 149.3 acres; Corn Base – 71.6 acres; Corn Program Yields: 125/143; Soybean Base – 71.6 acres; Soybean Program Yields – 39/47.

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before March 1, 2009. Full possession will be given at closing. Title insurance provided. The sellers will pay the 2008 real estate taxes payable in 2009, and the buyer(s) shall pay all subsequent taxes. All statements and representations herein are believed to be correct, however, the sellers and auctioneers make no warranties, expressed or implied. An agreement covering conditions of sale will be signed by the buyer(s) and the sellers, 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 and visit our website @ www.biddersandbuyers.com for maps and color photos. We invite your inspection of the farm at anytime.

AUSTIN V. AND ETHEL E. FELT TRUSTS

Attorney: George Hennenfent for Simpson & Hennenfent
130 North Main St., Roseville, Ill. 61473 – Ph. (309)426-2176

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