SELLAFARM

YOUR TEAM ON THE GROUND

Lawrence Co. IL Land Auction

60+/- Acres, Near 100% Tillable, 92% Irrigated

Pivot Irrigation System & all Equipment to Remain with Property!

Excellent Farm for Row Crop, Vegetable or Melon Production

Land Location: Russell Township, Lawrence Co., Illinois

!~ Online Only Auction ~!

Bidding starts 12NOON Wednesday January 16th and soft closes

6PM Central Thursday February 21st. Bidding will be on a Per Acre Basis!

See www.sellafarm.com for online bidding link or call our Auctioneer Zane Parrott at

812-890-5452 for assistance!

Inspection Dates of Thurs. January 24th from 2 - 3 PM and Tues. February 19th from 2 - 3 PM

to meet a SELLAFARM Representative at the entrance of the Property!

Prospective Buyer(s) are welcome to walk the land at their Convenience!

1 Tract – 60+/- Acres, Near 100% Tillable, Approx. 92% Pivot Irrigated,

Excellent Farm for Row Crop, Vegetable or Melon Production

Latitude: 38.807552 Longitude: -87.533625

Land Location: Russell Township, Lawrence Co., Illinois

Location: From Westport/Route 250: Route 250 to Westport Intersection, North 9.75 Mi. on IL Route 33 to Rd. 1670N (Elm Drive, Southern Most Street in Russellville), follow West for 1 Mi. to land. Signs posted with color brochures. Front Corners flagged.

From Illinois Route 1: Route 1 to Birds Road (Rd.1800), East 8.4 Mi. to IL Route 33 (Rd. 2050E), South 1 Mi. to Rd. 1670N (Elm Drive, Southern Most Street in Russellville), follow West for 1 Mi. to land. Signs posted with color brochures. Front Corners flagged.

From Palestine: South 12.50 Mi. on IL Route 33 to Rd. 1670N (Elm Drive, Southern Most Street in Russellville), follow West for 1 Mi. to land. Signs posted with color brochures. Front Corners flagged.

Brief Legal: Part of the SW1/4 SW1/4 Section 4 plus Part of the NE1/4 NW1/4 Section 9, Russell Township, Lawrence Co., IL. T4N-R10W.

Access: Direct access to good hard surface road at intersection of 1620N and 2020E.

Pivot Irrigation Info: Approx. 92% of field is pivot irrigated. All irrigation equipment will remain with the property. Equipment includes: 3 section T & L Irrigation System, Main pivot tower is self contained 4 wheeled towable unit w/ 3 cylinder diesel engine, hydraulics and diesel tank mounted to main pivot tower. Each individual tower leg has hydraulic scissor jack to elevate tower to quickly rotate tires to towable position. Ford propane engine to turbine pump, Randolph well head and propane storage tank. Drilled well is 50 foot depth and is plumbed to service both irrigation pivot points with minimal effort.

Soils: 286A Carmi Sandy Loam, 0-2% slope, 22.49 Ac., 37.9%; 148A Proctor Silt Loam, 0-2% slope, 11.86 Ac., 20.0%; 286B Carmi Sandy Loam, 2-4% slope, 10.37 Ac., 17.5%; 286C2 Carmi Sandy Loam, 4-7% slope, 7.76 Ac., 13.1%; 155C3 Stockland Gravelly Loam, 3.55 Ac., 6.0%; 300 Westland Clay Loam, 4-7% slope, 1.69 Ac., 2.9%; 155D3 Stockland Gravelly Loam, 7-12% slope, 1.57 Ac., 2.6%: ALL NHEL. Weighted Productivity Index: 107.9.

R.E. Estimated Taxes: Lawrence Co. Parcel Index #09-000-221-00, $584.74 also Parcel Index #09-000-223-00, $385.60. Total tax of $970.34, approx. $16.17 per acre. 2018 taxes, due & payable 2019 to be paid by SELLAFARM in the form of credit on date of closing to buyer(s), buyer(s) thereafter.

FSA Info: Farm No. 6380, Tract No. 2769, Corn Base Ac. 28.60, PLC yield 161; Soybean Base Ac. 24.40, PLC yield 47; Wheat Base Ac. 26, PLC yield 77; Total Base Ac. 79.00.

Farm Rights: Current tenant has completed 2018 farm rights. Buyer(s) to have 2019 farm rights and thereafter. Fall 2018 Lime & Fertilizer in preparation for Spring 2019 planting season has been applied.

Mineral Rights: Seller to retain all interest in all oil, gas, hydrocarbons & any other minerals owned by sellers, if any.

Possession: Possession date of closing.

Survey: Any survey cost to be paid by buyer. Any acreage difference greater than half (½) acre discovered in survey will be reflected in price adjustment based upon original bid price per acre & original buyer’s premium per acre.

Terms: 10% down day of sale non-refundable escrow. 6% Buyer’s Premium. Closing to occur as soon as necessary documents are prepared. Have financial arrangements made prior to sale. All information provided is from sources deemed reliable however not guaranteed. Parties relying on such are urged to perform due diligence and base their decisions upon that information. Being sold subject to owner approval.

See www.sellafarm.com for online bidding link or call our Auctioneers

Zane Parrott at 812-890-5452 or Gregg Parrott at 618-843-4905 for more information!

Inspection Dates of Thurs. January 24th from 2 - 3 PM and Tues. February 19th from 2 - 3 PM

to meet a SELLAFARM Representative at the entrance of the Property!

Bidding starts Immediately and soft closes 6PM Central Thursday February 21st.

Bidding will be on a Per Acre Basis!

Log onto www.sellafarm.com or www.parrottauctions.com for online bidding link, photos & plats.

Mahrenholz Revocable Trust – Seller

Gene Mahrenholz - Trustee