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  • STARTDec 11th - 11:00am

  • VENUESeward Twp. Hall

Winnebago County, IL Land Auction

142.88 Acres ± • 2 Tracts

MONDAY, DECEMBER 11, 2017 AT 11:00 A.M.

AUCTION VENUE: SEWARD TOWNSHIP HALL, 16272 GRANT STREET, SEWARD, IL 61077

Location & General Information

The Hazzard farm is located approximately 2.5 miles south of Seward, IL and is further described as being located in Section 33, T26N•R10E, Seward Township, Winnebago County, IL.

The farm represents productive tillable farmland with excellent location & access!

 

Tract Information

Tract 1 • 45.49 Surveyed Acres

• FSA figures should indicate 44.4 acres of NHEL cropland

• PI Rating: 132.1

• Productive soils include Greenbush, Osco, Ogle & Winnebago

• Access is along the west side by Pecatonica Road

Tract 2 • 97.39 Surveyed Acres

• FSA figures should indicate 98.53 acres of cropland

• PI Rating: 125.8

• Productive soils include Greenbush, Ogle, Comfrey, Argyle & Rockton

• Access is along the west side by Pecatonica Road

 

Method and Terms

The Hazzard farm has recently been surveyed and will be sold on a price per acre basis, with the surveyed acres being used to calculate the final settlement price. Both tracts will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can elect, in any order, any or all tracts for their high bid. “Buyer’s Choice” of auctioning will continue until all tracts have been sold. The farm will NOT be offered in its entirety at the conclusion of the auction.

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 Thursday, January 11, 2018.  Title insurance in the full amount of the purchase price will be provided by the seller.  The 2017 real estate taxes, due and payable in 2018, will be paid by the seller, based upon the latest tax information. The 2018 & subsequent real estate taxes will be paid by the buyer(s). Possession will be given to the buyer(s) at the time of closing, subject only to the current tenant’s crop lease. The farm sells free and clear for the 2018 crop season. There are no hunting leases associated with the property.

The Seller reserves the right to refuse any and all bids. 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”.

 

PLAT MAP

 

AERIAL MAP

 

SOIL MAPS

 

PHOTOS

 

 

Earl Duane Hazzard Farm Trust

 

REPRESENTING ATTORNEY:
Ralph E. Elliott
Elliott & Trainor, P.C.
Attorneys at Law
1005 W. Loras Drive
Freeport IL  61032
815-233-1022

 

AUCTION MANAGER:

KEVIN HAAS (309) 264-7767

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Details

Date:
December 11
Time:
11:00 am - 11:55 pm
Categories:

Venue

Seward Twp. Hall
16272 Grant Street, Seward, IL, 61077, United States.
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