PUBLIC FARMLAND AUCTION
165.99 Surveyed Acres - 2 Tracts -
Mercer County, IL
Friday,
November 30, 2018 – 10:00 a.m.
At the
Alexis Community Center, Alexis, IL
See photos & maps at www.biddersandbuyers.com
Keyword: Gregory
Farm Location:
Two miles west of Alexis, IL on Rt. 135 then three miles North on US
Rt. 67 to 30th Ave., then west on 30th Ave. approximately ½ mile OR
South of Viola, IL on US Rt. 67 approximately 6 miles, then west on
30th Ave.
General Description:
This farmland contains 165.99 surveyed acres, with 148.87 cropland
acres. Current FSA records show a corn base of 86.02 and a PLC yield
of 121. The soybean base is 28.68 with a PLC yield of 41. There are
32.6 acres in CRP.
General Legal Description:
165.99 surveyed acres, in the W ½ of the E ½ of Section 22, T13N
R2W, (Suez Twp) Mercer County, Illinois. Full legal descriptions to
be available sale day.
Tract - 1
Description
This tract has good farm frontage on 30th Ave. and lies level to
rolling. This tract has 106.03 surveyed acres, and according
to current FSA records there are 88.62 acres tillable, with 6.8 of
those in CRP. The balance of the acres are in excellent
hunting timber & a drainage ditch with North Henderson Creek as the
south boundary.
Tract - 2
Description
This tract lies rolling to level with heavy bottom soils and
contains 59.96 surveyed acres. Current FSA records show 57.25 acres
tillable with 25.8 of those in CRP. This tract is accessible through
an easement from Rt. 67. The northern boundary of Tract 2 is
North Henderson Creek.
Sale Procedure:
This farm is selling in two tracts by high bidders choice method of
marketing. Whereas the successful bidder can take one or both
tracts. If only one tract is selected, the remaining tract will be
sold. Farm will be sold on a per acre basis multiplied by actual
surveyed acres. 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 December 28, 2018.
2. Title Insurance will be furnished by the seller.
3. Seller will pay 2018 real estate taxes payable in 2019. Buyer(s)
will pay 2019 real estate taxes and all thereafter.
4. Upon purchase, buyer(s) will be required to assume Current CRP
Contract which is in place.
5. Full possession will be given at closing.
6. The property is selling on an “AS-IS, WHERE-IS” basis with no
representations or warranties expressed or implied.
7. Buyer(s) and seller will enter into a written contract sale day
embodying these terms.
8. All FSA information is believed to be accurate, but is not
guaranteed.
9. Sale day announcements take precedence over all others, printed
or oral.
10. 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 advertised
literature and statements.