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LAND AUCTION
PRIME McDONOUGH COUNTY, IL FARMLAND
86.13 SURVEYED ACRES

AUCTION LOCATION: MACOMB V.F.W. HALL, 1200 E. JEFFERSON ST., MACOMB, IL

FRIDAY, FEBRUARY 27, 2009
AT 10:00 A.M.


GENERAL LOCATION: 5 miles South of Macomb, Ill. on Route 67 to County Road 22 (N700) then 5 miles East or 3 miles South of Adair, Ill. on County Road 10 (E2100) then 1 mile West. The property is located on the southeast corner of the intersection of County Road 22 (N700) and E2000.

PLAT LOCATION: The West 86.13 acres (m/l) of the Northwest Quarter of Section 33, New Salem Township (T.5N.-R.1W.), McDonough County, Illinois. The farm has been recently surveyed.

DESCRIPTION: This prime tract lies level, is all tillable and has blacktop road frontage. Primary soil types are Sable and Ipava silt loams, both highly productive Class A Illinois soils. The soil composite indicates 47.5 acres of Sable silt loam, 37.6 acres of Ipava silt loam and 1 acre of Osco silt loam. The farm represents some of the best land in Western Illinois, and would make an excellent addition to any farming operation or investment portfolio!

FSA DATA: Corn Base – 49.67% of cropland; Corn Direct Payment Yield – 129 BPA; Corn CC Yield – 180 BPA; Soybean Base – 49.15% of cropland; Soybean Direct Payment Yield – 39 BPA; Soybean CC Yield – 47 BPA.

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 27, 2009. Landlord’s possession will be given at closing, subject to a cash lease for the 2009 crop year. 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 the auctioneers make no warranties, expressed or implied. Any announcements made on the day of sale will supersede those previously advertised. We invite your inspection of the farm at anytime. The complete listing with maps and color photos is available online @ www.biddersandbuyers.com and may be obtained by contacting the auction firm.

GALE PENINGTON TRUST
Attorney: Stephen Holland for Holland & Holland
397 West Main St., Bushnell, Ill. 61422
Ph. (309)772-3178

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