FARM LOCATION: One mile North and one mile East on Road NN, of Reynolds, Illinois OR appr. 6 ½ miles South on US Rt 67 of Milan, IL and 3 ½ miles West on Road NN, Milan, IL.

GENERAL DESCRIPTION: This unimproved farm contains 151 acres, more or less, with appr. 142 tillable acres, including 5.8 acres in CRP, with the balance in waterways & roadways. This farm is selling in one tract.

GENERAL LEGAL DESCRIPTION: 151 acres, more or less, in SW ¼ of Section 29, T16N, R2W, (Bowling Twp.) Rock Island County, Illinois.

A full legal description will be available sale day.

Estimated FSA Information:

Wheat: Corn: Soybeans:

Base: 1.6 Acres Base: 99.4 Acres Base: 34.0 Acres

Direct & CC Yield: 47/47 Direct & CC Yield: 127/127 Direct & CC Yield: 37/37

Sale Procedure: The farm is selling in one tract on a per acre basis.

For a showing or more information, contact the auctioneers.

TERMS OF SALE
1. 10% of the purchase price is due sale day, with the balance due at closing on or before March 26, 2009.
2. Title Insurance will be furnished by seller.
3. Seller will pay 2008 real estate taxes due in 2009. Buyer will pay 2009 real estate taxes & all thereafter.
4. Possession will be given at closing.
5. Buyer & Seller will enter into a written contract sale day embodying these terms.
6. All FSA measures & yields are believed to be accurate but are not guaranteed.
7. Any announcements made sale day take precedence over all others, printed or oral.
8. The property is selling on an “AS-IS, WHERE-IS” basis, without any representations or warranties expressed or implied.
9. All statements and representations herein are believed to be correct; however, the auction company and the seller make no warranties, either expressed or implied, concerning the advertised literature and statements herein.

Auctioneers’ Note: This farm is well located just south of the Quad Cities on a good all weather road and would make a good addition to any farm operation. This farm is available for 2009 crop year possession.

Scott Powell - Seller
Milan, IL

Attorney for Seller: James Schultz, Rock Island, IL

Gregory Real Estate & Auction, LLC
Alexis, IL  309-482-5575