SELLAFARM

YOUR TEAM ON THE GROUND

Clay Co., IL Land Auction

34+/- Acres, 11.8 Ac. in CRP Until 9/2020, 17+/- Acres Tillable Following Expiration of CRP Contract, 22+/- Acres of Rolling Pasture w/ plenty of Trees, Excellent Hunting, Possible Building Site, Municipal Water Water, Electric & Internet on Cardinal Lane Frontage

Monday March 16h, 2020, 4PM Central

Auction Location: Land Location Under Tent if Needed.

Land Location: Osklaoosa Township, Clay Co., Illinois

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

Drone Video will be available for Bird's Eye Viewing!

Tract 1 – 34+/- Acres, 17+/- Possible Tillable Acres

Location: US Route 50 to Xenia, IL, North 11 Mi. to Cardinal Lane, West 1.5 Mi.. Directional signs w/ full color brochures posted. Front corners will be flagged.

Brief Legal: Land is W1/2 SE1/4 Section 5, Oskaloosa Twp, Clay County, IL., T4N-R5E.

Access: Direct Access to Cardinal Lane.

Soils: 7C3 Atlas Siltly Clay Loam, 5-10% slope, 25.32 Ac., 68.3%; 3A Hoyleton Silt Loam, 0-2% slope, 4.95 Ac., 13.4%; 13A Bluford Silt Loam, 0-2% Slope, 4.62 Ac., 12.5%; 2A Cisne Silt Loam, 0-2% slope, 2.18 Ac., 5.9%; Weighted Productivity Index: 79.2.

FSA Info: Wheat Base .68 Base Ac., Corn Base 1.36 Base Ac., Soybeans 1.36 Base Ac. Maps & 156 Records will be posted on www.sellafarm.com under the “Documents” tab, view anytime.

R.E. Estimated Taxes (Entire Farm): Clay County Assessor Parcel Index Number 05-05-400-006, Total Estimated Tax of $180.19. 2019 taxes, due & payable 2020 to be paid by SELLAFARM to buyer(s) as estimated credit on date of closing, Buyer(s) thereafter.

Farm Rights: Buyer to have 2020 farm rights.

CRP Contracts: Buyer shall receive all of the Seller's rights and interest in any CRP Contract which results from the enrollment of the real estate in the CRP Program. Buyer agrees to indemnify and hold Seller and their agents harmless from any and all expenses, damages, losses, or claims Seller may incur as a result of the failure of the Buyer to maintain the real estate made subject of this Contract in the CRP program pursuant to the requirements of the USDA, Farm Service Agency. Survival: Except as otherwise expressly stated herein, all arrangements, representations and warranties contained in this Contract shall survive the closing and shall not be canceled by the delivery of the deed.

Mineral Rights: Buyer to receiver 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(s). Any acreage difference greater than half (½) acre plus or minus from the advertised acreage 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. 8% Buyer’s Premium. Closing to occur as soon as necessary documents are prepared, Plan to close within 45 days. 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 confirmation. Announcements made from podium day of auction take precedence over any previous information.

Log onto www.sellafarm.com or www.parrottauctions.com for aerials, drone tour, photos & plats.

For private tour of the land on 6 Passenger Polaris Side by Side or more information, please Call Auctioneer Gregg Parrott mobile 618-843-4905 or Zane Parrott mobile 812-890-5452.

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

Vernon Lee Mitchell - Seller