Procedure This property is being offered as a single tract. Bidding will be on a per acre basis with the winning bid multiplied by the real estate tax acres (60.23) to determine the contracted price. This is not an absolute auction, seller confirmation is required prior to entering into a purchase agreement. Down Payment & Closing Ten percent (10%) down payment will be required with executed contract to purchase with the balance due at closing. Closing to be scheduled within thirty (30) days of contract date. Title Policy/Minerals The buyer (s) will be provided a title policy in the amount of the purchase price. The owner’s remaining interest, if any, of any coal and mineral rights will be conveyed with the land. Possession Possession will be granted at closing of this transaction. Lease and Crop Expenses This property is selling with open tenancy for the 2021 crop year. Steve Sefton has operated this tract and would appreciate the opportunity to continue his tenure should the new buyer need a tenant. Buyer will be responsible for reimbursements related to the 2021 crop year. Anhydrous and dry fertilizer were applied last fall for the 2021 crop year. Reimbursements are as follows: Anhydrous W/ NServe: $3,452.80 Application: $ 693.00 Dry Fertilizer: $5,943.46 Anhydrous was applied at a rate of 165# per acre (136-0-0). Dry fertilizer application was N 22.5 - P 160.6 - 138.3. Copies of these invoices are available upon request. Real Estate Taxes The seller shall pay for the 2020 real estate taxes due in 2021 via a credit at closing. Disclaimer The information contained in this brochure is considered accurate, however, this information is subject to verification, and no liability for errors or omissions is assumed. Agency Disclosure First Illinois Ag Group and its staff are agents of the seller and, in that capacity, represent only the seller.