View current listings by this company
367.3 +/- Acres in Lawrence County, Illinois
Previous Page Listing ID#: 257461
Auction Location |
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ONLINE VIRTUAL AUCTION |
Auction Dates and Times |
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Monday Jan 25, 2021 Completed Tuesday Feb 9, 2021 Completed |
Auction Type |
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Live Auction with Online Bidding VIEW ONLINE CATALOG |
Company Information |
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Farmers National Phone: 800-346-2650 Email: Info@FarmersNational.com Website: www.farmersnational.com GoToAuction.com ID#: 7942 View company information and listings |
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Listing Terms and Conditions |
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https://www.farmersnational.com/realestate/search/xq/asp/list_numb.15831/qx/listing.htm
Minerals: All mineral interest owned by the Seller, if any, will be conveyed to the Buyer(s). Taxes: Real estate taxes for 2020 payable in 2021 will be paid by the Seller. All future taxes will be the responsibility of the Buyer(s). Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property including the farmstead is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company. EQIP Program: The farm has recently completed conservation measures as part of the EQIP Program. Buyer will assume the requirements remaining and will sign acknowledgement when contract is signed and sign assumption of program requirements at closing. Possession: Possession will be granted at closing March 15, 2021, or such other date agreed to by the parties. Earnest Payment: A 10% earnest money payment is required in the form of a wire transfer by the close of business Wednesday, February 10, 2021. All funds will be deposited and held by Land Title & Abstract Company in Lawrenceville, Illinois, as the closing agent. Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a real estate contract and deposit with Land Title & Abstract Company in Lawrenceville, Illinois the required earnest payment. The Seller will provide an owner’s policy of title insurance in the amount of the contract price. The cost of any escrow closing services will be equally paid by the Seller and the Buyer. Sale is not contingent upon Buyer(s) financing. Closing: The sale closing will be March 15, 2021, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing by wire transfer at the discretion of Land Title & Abstract Company in Lawrenceville, Illinois. Sale Method: The real estate will be offered in three individual tracts. All bids are open for advancement until the Auctioneer announces that the real estate is sold or that the bidding is closed. The real estate will sell in the manner resulting in the highest total price. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Farmers National Company and Seller. All decisions of the Auctioneer are final. Approval of Bids: Final sale is subject to the Seller’s approval or rejection. Agency: Farmers National Company and its representatives are acting as Agents of the Seller. Announcements: Information provided herein was obtained from sources deemed reliable, but neither the Auction Company nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less.” Any announcements made auction day by the Auction Company will take precedence over any previous printed materials or oral statements. The Auction Company and Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid. Online Simultaneous Bidding Procedure: Server and Software Technical Issues: In the event there are technical difficulties related to the server, software, or any other on-line auction related technologies, Farmers National Company reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Farmers National Company shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Seller: Wolf Brothers Farms LP |
Listing Information |
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L-2100142 LBrier@farmersnational.com 1 119.5 +/- Acres Tract 1 has road frontage on Lawrence County Line Road and Wright Lane (200N). Corn yields for 2020 were 197 bushels per acre and soybean yields were 63 bushels per acre.Legal Description:&nb... 2 142 +/- Acres Tract 2 is located on Lawrence County Line Road and Washington Lane (100N). This tract also has frontage on the west side of Riggs Road (50E).Legal Description: NW 1/4 of Section 30, To... 3 105.8 +/- Acres Tract 3 is located on the east side of Lawrence County Line Road and the north side of Wabash County Line Road (000N).Legal Description: Most of SW 1/4 of Section 30 (excepting SW most 36 acr... |
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