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LAND AUCTION
152.70 ACRES (M/L) – 2 TRACTS
WARREN COUNTY, ILLINOIS

AUCTION LOCATION: Monmouth American Legion Hall, Route 34 & North 11th Street,
MONMOUTH, ILLINOIS

TUESDAY, DECEMBER 8, 2009
AT 10 A.M.


FARM LOCATION: The property is located 1 mile north of Roseville, Ill. on Business Route 67 to 80th Ave. then 1 mile east or 11 miles south of Monmouth, Ill. in Section 29, Roseville Township (T.9N.-R.2W.), Warren County, Illinois. Tracts 1 and 2 are contiguous and are considered prime cropland. The tracts have been recently surveyed and are well located on 80th Ave., a good all weather blacktop road.

TRACT 1: 72.74 ACRES (m/l)

PLAT LOCATION: 72.74 surveyed acres located in the Northwest Quarter of Section 29, Roseville Township (T.9N.-R.2W.), Warren County, Illinois.

DESCRIPTION: Tract 1 lies level to undulating, and is all tillable with the exception of two small grass waterways. The predominant soil type is Osco silt loam, a highly productive Class A soil.

TRACT 2: 79.96 ACRES (m/l)

PLAT LOCATION: 79.96 surveyed acres located in the Northeast Quarter of Section 29, Roseville Township, (T.9N.-R.2W.), Warren County, Illinois.

DESCRIPTION: Tract 2 lies east of Tract 1, is level to undulating, and is all tillable with the exception of two small grass waterways. The primary soil type is Osco silt loam, a highly productive Class A soil.

FSA DATA FOR BOTH TRACTS: Corn Base – 52.25% of cropland; Corn Program Yields – 125/133; Soybean Base – 47.75% of cropland; Soybean Program Yields – 32/38.

METHOD OF SALE: Tract 1 and 2 will be sold by bidder’s choice wherein the high bidder in the first session can select either one or both tracts. In the event one tract is selected the other tract will then be sold.

TERMS: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before January 15, 2010. Full possession will be given at the closing. 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 seller 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. Please contact the auction firm for further information and visit our website @ www.biddersandbuyers.com for maps and color photos. These tracts would make an excellent addition to any farming operation or investment portfolio. We invite your inspection of the property at anytime.

RUTH M. RUSSELL ESTATE
Arthur F. Kane, Executor

Attorney: George Hennenfent of Simpson & Hennenfent
130 North Main St., Roseville, Ill. 61473
Ph. (309)426-2176

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