Pike County, Illinois
LAND AUCTION
120 Acres •Selling as 1 Tract

Click here to see the first set of photos for this auction

Saturday, May 31, 2008 •3:00 P.M.

Location: Auction to be held on the farm located in Section 32 of Fairmount Township, Pike County, IL

LOCATION AND GENERAL INFORMATION

Land is located in northern Pike County, IL in Section 32 of Fairmount Township. From Quincy, IL take Hwy. 104 East approximately 25 miles to the small village of Fishhook then south on County Blacktop #6 approximately 3 miles. OR from Barry, IL go east on Hwy. 106 approximately 1 mile to County Blacktop #2 then northeast approximately 7 miles to the small village of Baylis then north 1 mile to the T then east and north approximately 2 miles to the farm!

The Mowen farm consists of tillable farmland, pasture land, potential home building sites, as well as some very nice hunting/recreational acreage. Land is located on an all weather blacktop road and has public water available. Take a look at this beautiful rolling Pike County, IL farm which has a lot to offer.

METHOD AND TERMS

The farm will be sold on a price per acre basis based on 120 acres±. Ten percent (10%) of the bid price to be paid on the day of sale with the balance due at closing which will be on or before Monday, June 30, 2008.

Possession will be given at the time of closing subject only to a 2 year cash rent agreement. The cash rent in the amount of $9,480.00 per year will be paid to the new buyer(s). This cash rent agreement is for the 2008 & the 2009 crop years. Please note this is a change from earlier advertisements. For further information on the cash rent agreement contact the auction company. There are no hunting leases on the property.

The 2007 real estate taxes will be paid by the sellers with the 2008 and all subsequent real estate taxes to be the responsibility of the new buyer. Title Insurance in the full amount of the purchase price will be provided by the sellers.

Immediately following the auction, the successful buyer shall enter into a written agreement with the sellers. Said agreement containing the terms of the sale may be examined prior to the auction by contacting the sellers attorney, Russell Goehl, 506 Vermont, Quincy, IL Ph: 217-224-2555.

All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold AS IS".


Roger & Marvin Mowen
Sellers

Attorney for Seller:
Russell Goehl
506 Vermont • Quincy, IL 62301
Phone: 217-224-2555

1066 E. US Highway 136, P.O. Box 111
Hamilton, IL 62341-0111
217-847-2160

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