Please Note: Farm sells with tenant in place for 2020 crop year only. New buyer will receive 100% for the 2020 cash rent.
89.772 Surveyed Acres • 1 Tract
Tuesday, November 12, 2019 at 5:00 P.M.
Auction Venue: VFW, 208 S. West Street, Carlinville, Illinois
LOCATION & GENERAL INFORMATION
The Monti Family Farm is located in Section 33, T11N•R6W, Nilwood Township, Macoupin, Illinois. This outstanding highly productive farm is located at the east edge of Standard City, Illinois.
- FSA figures indicate this tract is nearly 100% tillable
- PI Rating: 121.4
- Soil types include Herrick, Bunkum-Atlas, Virden, Keller & Marine
- Access is along the east side by Bloome Rd
METHOD & TERMS
The Monti Family farm has recently been surveyed and will sell on a price per acre basis.
Immediately following the auction, the successful buyer 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, December 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 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 & subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing, subject only to the current tenant’s farm lease.
The farm sells free & clear for the 2020 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”.
Monti Family Farm
Judith K. Bloome, Joyce L. Pocklington & David Monti
Auction Managers: Dan Sullivan (319) 795-1833 & John Borrowman (217) 430-0645
Closing & Title Work By:
Angie Custer • Prairie State Title & Escrow Services
201 N. Main Street • Brighton, IL • 618.372.8424