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LAND AUCTION
82.53 ACRES (M/L) - PRIME FARMLAND
McDONOUGH COUNTY, ILLINOIS

AUCTION LOCATION: Macomb V.F.W. Hall, 1200 E. Jefferson St., Macomb, Illinois.

TUESDAY, FEBRUARY 23, 2010
AT 10 A.M.

GENERAL LOCATION: 2 miles east of Macomb, Ill. on Route 136 to E1600th Road then one-half mile north. The farm has frontage on Roads E1600th and N1300th, both good all-weather blacktops.

PLAT LOCATION: 82.53 acres (m/l) located in the East Half of the Northeast Quarter of Section 34, Macomb Township (T.6N.-R.2W.), McDonough County, Illinois. "Exact acreage will be determined by a survey that will be completed prior to the auction."

DESCRIPTION: The prime tract lies level to undulating and is all tillable with the exception of a 2.1 acre CRP waterway. The soil types consist of Sable (48.2 acres) and Ipava (32.2 acres), both highly productive Class A silt loam soils. The farm is well drained and has been maintained in an excellent state of productivity. Three tons of limestone per acre were applied in 2006.The buyer(s) will reimburse the previous tenants for anhydrous that was applied in the fall of ’09 for the ’10 corn crop. This tract would make an excellent addition to any farming operation or investment portfolio. We invite your inspection of the property at anytime.

FSA DATA: Corn Base – 40.3 acres; Corn Program Yields – 119/171; Soybean Base – 38.0 acres; Soybean Program Yields – 39/47. CRP Waterway Contract: 2.1 acres; Annual Payment - $326; Contract Period – 4/1/2002 to 9/30/2012.

TAXES: ‘08 paid in ’09 - $2,020.88 or $24.49 per acre.

TERMS: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before March 23, 2010. Full possession will be given for the 2010 crop season. Title insurance provided. The seller will pay the 2009 real estate taxes payable in 2010, and the buyer(s) shall pay all subsequent taxes. All statements and representations herein are believed to be correct, however, the sellers 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. The complete listing with maps and color photos is also available online @ www.biddersandbuyers.com and may be obtained by contacting the auction firm.

CONSTANCE PURDUM

Attorney: Anthony Ashenhurst, MidAmerica Banking Center
130 North Side Square, Suite 202 - Macomb, Ill. 61455 – Ph. (309)836-2900

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