SALE DATE: Saturday, April 28, 2018
TIME: 10 a.m.
PLACE: Flora HUD Building, Flora IL (Address: 607 West North Avenue)
PROPERTY INSPECTION: By Appointment Only
Property Description - Drone Photos Coming Soon!
Some of the best farmland in Clay County. Same owner, same farmer for many years.
Property located 1 mile between Old Rt 50 and New Rt 50, West of Flora. Frontage on Magnolia Lane and Lincoln Road.
Section 27 and 28, T3N-R6E, Harter Twp
Offered in 5 Tracts
Tract 1 - 60+/- acres
Tract 2 - 22.5+/- acres
Tract 3 - 20 +/- acres
Tract 4 - 42.5 +/- acres
Tract 5 combination of Tract 1 and Tract 2
REAL ESTATE AUCTION TERMS AND CONDITIONS
Sale Method: Offered in 5 tracts. Tract 5 combination of Tract 1 and Tract 2. No buyer's premium.
Real Estate Taxes: To be pro-rated to day of closing.
Possession: At closing.
Minerals: Seller to retain 50% for 20 years or as long as production exists.
Financing: Your bidding is not conditional on financing; make arrangements prior to the sale.
Earnest Money and Purchase Agreement: Immediately following the close of bidding, the approved high Bidder(s) will deposit with the Auction Company 10% earnest money and sign a purchase agreement with the Seller(s). Balance due at closing. Closing within 30 days of sale.
Tract Acreages: The lines and drawings in the printed material or on the website are approximate. These figures, estimates, lines and drawings are not guaranteed.
Conditions and Easements: Subject to all easements, covenants and restrictions on record.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained herein and all related materials are subject to the terms and conditions outlined in the agreement to purchase. Announcements made by the auctioneer at the time of the sale will take precedence over any previously printed material or any other oral statement made. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller(s) or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires and due diligence concerning the property. The information provided here is believed to be accurate but is subject to verification by all parties relying on it. The Seller(s) or the auction company or their agents assume no liability for its accuracy, errors or omissions. Conduct at the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and auction company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. Buy A Farm Land and Auction Company and their agents work for the Seller.
Auctioneer Mark Kennedy, IL Lic #440000202.