101 ACRES± • 2 TRACTS
Friday, January 11, 2019 at 10:00 A.M.
Auction Venue: American Legion Community Center, 101 S Walnut St, Farina, IL 62838
LOCATION & GENERAL INFORMATION
The farm is located approx. 3 miles northeast of Farina, IL, near the small town of LaClede. It is further described as being located in Sections 14 & 23, T5N•R4E, LaClede Township, Fayette County, IL.
Both tracts represent nearly 100% tillable cropland.
Tract 1 – 51 Acres±
- – SA figures indicate 53.13 acres of NHEL cropland
- -PI Rating: 110.1
- -Soil types include Cisne & Newberry
- -Access is along the south side by County Road 900N
Tract 2 – 50 Acres±
- FSA figures indicate 47.7 acres of NHEL cropland
- The balance is in grass waterways
- PI Rating: 108.1
- Soil types include Cisne, Hoyleton, & Newberry
- Access is along the north side by County Road 900N & along the east side by County Road 2900E
METHOD & TERMS
Both tracts will be sold on a price per acre basis based on the taxable acres and will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase either or both tracts for their high bid.
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Tuesday, February 12, 2019. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2018 real estate taxes, due and payable in 2019, will be paid by the seller. The 2019 & all subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing. The farm sells subject to the remaining crop tenancy for the current 2018 crop year and sells free & clear for the 2019 crop year.
All announcements sale day shall take precedence over any 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 the property. This real estate is being sold “as is”.
Nypan, Zeiger, Dippold Family Farm
Deana Nypan, Dawn Zeiger & Allen Dippold – Sellers
Eric L. Terlizzi
202 W. Schwartz Street
Salem, Illinois 62881
Auction Manager: Kevin Haas (309) 264-7767