120 Acres±: (Subject to Final Survey) - 2 Tracts

LOCATION AND GENERAL INFORMATION

Land is located in Section 17 of T58N-R12W, Clay Township. From Clarence, MO take Hwy. 151 north approximately 51/2 miles to Hwy. KK then NW approximately 1 mile to farm. Or from Shelbyville, MO take Hwy. K west approximately 91/2 miles to Hagers Grove then west approximately 13/4 miles on Hwy. 151 then NW on Hwy. KK approximately 1 mile to farm. (Be watching for presale directional signs).

TRACT INFORMATION

TRACT 1 - 40 ACRES (SUBJECT TO FINAL SURVEY)
- FSA figures should indicate approximately 38 acres of cropland of which 38 acres are enrolled in CRP at a contract rate of $62.00 per acre with the contract expiring 9-30-12.
- Primary soil types include productive Mexico, Leonard & Armstrong.
- Access from the northeast by County Road 203.
- Tract represents highly tillable productive cropland.

TRACT 2 - 80 ACRES (SUBJECT TO FINAL SURVEY)
- FSA figures should indicate approximately 60.5 acres of cropland of which 60.5 acres are enrolled in CRP at a contract rate of $62.00 per acre with the contract expiring 9-30-12.
- Primary soils types include productive Mexico, Armstrong, Leonard & Blackoar.
- Access from the south by Hwy. KK and north by County Road 203.
- Tract represents tillable cropland as well as excellent hunting/recreational acreage which includes a nice stocked pond.

METHOD AND TERMS
Bidding will be on a price per acre basis. Acreages in this advertisement are estimated. A survey will be completed prior to the sale with the surveyed acres being used to calculate the final sale price. Ten (10%) percent of the bid price to be paid on the day of sale, with the balance to be due at the time of closing. Closing to be on or before January 27, 2012. The 2011 real estate taxes will be paid by the seller. Title insurance in the full amount of the purchase price will be provided. Possession will be given at the time of closing.
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".