Cowser Farm Realty and Auction Service

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SAUNDERS FAMILY TRUST
LAND AUCTION

Selling 217 (+/-) Acres of Choice Peoria County Farmland
Commonly Known as The Howard & Helen Saunders Farm

Farm located at 3317 South Stone School Road, which is 2 miles west of Trivoli, IL on Rt. 116, then 3 miles south on South Stone School Road or east and north of Canton, IL on South Stone School Road.  Watch for signs.

SALE DATE: THURSDAY EVE. AUGUST 19, 2010
SALE TIME:  6:30 P.M.
AUCTION LOCATION: TO BE HELD AT THE YATES CITY COMMUNITY CENTER IN YATES CITY, IL

Preview of Land:  Sat., July 24 from 11 A.M. to 1 P.M.


TRACT I:  A part of the S ½ of the SE ¼ of Sect. 28 in Trivoli, Twp., Peoria County, IL; Containing  75 (+/-) acres NHEL tillable level to gently sloping farmland. The soil types are mainly Ipava and Sable with some small areas of Rozetta, Sylvan, and Clarksdale. There are no improvements.

TRACT II:  A part of the N ½ of the NE ¼ of Sect. 28,  and The SW ½ of the SE ¼ of Sect. 21, Trivoli, Twp., Peoria County, IL; Containing 102 (+/-) acres NHEL tillable level to gently sloping farmland. The soil types are mainly Ipava and Sable with some small areas of Tama, Sylvan, Rozetta, Elkhart, and Denny.  There are no improvements.  Ingress and egress to TRACT II will be provided by a surveyed description to Stone School Road at or near Its Intersection with Slater Road unless the same purchaser acquires both TRACTS I and II.

TRACT III:  The  SE ¼  of the NW ¼ of Sect. 28, Trivoli Twp., Peoria County, IL; Containing 40 (+/-) acres NHEL  tillable level to gently sloping farmland.  The soil types are Ipava, Sable, Clarksdale, and Rozetta. There are no improvements. This tract has entry off W. Smithville Road (west off Stone School Road).

TERMS OF REAL ESTATE: Cash with 10% of the sale price to be paid down day of sale and the balance due and payable in full on or before Sept. 20, 2010 upon delivery of a Trustee’s Deed and an owner’s title insurance policy in the amount of the sale price. A commitment for the issuance of the Owner’s Policy of Title Insurance will be available for inspection prior to the sale. The sale is subject to the confirmation of the seller.  The real estate taxes for the year 2010 to be paid by the seller and the real estate taxes for the year 2011 and all subsequent years taxes to be paid by the buyer. The sale is subject to the rights of the tenant in possession and is presently a cash crop lease for the 2010 crop year. Possession will be upon the tenant’s removal of the 2010 year crop or closing, whichever occurs last. There will be a purchase agreement to be signed day of sale.  Any announcements made day of sale will supersede those previously advertised. For further information or an appointment to view the real estate, contact the auctioneer.

SALE ORDER: Tracts I, II, and III to be offered and sold individually and will not be put back together.

                   SAUNDERS FAMILY TRUST
Dan Saunders, Steve Saunders, and Jerry Saunders, Co-Trustees                   

COWSER AUCTION SERVICE

Auctioneers:
Col. Gail Cowser, CAI, AARE
Ph. 309-678-5224 or 309-389-2139
Glasford, IL
IL Lic. #440.000132
E-mail: Cowserauction@hotmail.com
Col. John H. Bliss
309-224-8870
Princeville, IL

IL Lic. #440.000357

Attorney for Trust:
Barnhart Law Office, Ltd.
Mr. Gary E.  Barnhart
P.O. Box 478

106 Martin Ave., Canton, IL
Ph. 309-647-0100

E-mail: gary@barnhartlaw.net

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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