Henry Family Timber Land Auction

Lauf Auction Service

Live Auction will be held at the Toluca Legion Hall, 119 W.Santa Fe,

Toluca, IL 61369

Date(s) 6/18/2021 - 6/28/2021

On HiBid from Friday June 18th 2021 at 2:00 pm to June 28 th 2021 at 2:00pm; The Highest Bid received from Internet Bidding will Be taken to the Live Auction on June 29th. 2021 at 10:00 am

Past Auction

Shipping Not Available

Catalog

View Catalog (2 Lots)

Bidding Notice:

Before you can start bidding, we will need a bank letter of credit emailed to us at johnelauf@gmail.com. Once we recieve the Bank Letter we will approve your bids.

Auction Information

Name	Henry Family Timber Land Auction
Auctioneer	Lauf Auction Service
Type	Internet Absentee Bidding
Date(s)	6/18/2021 - 6/28/2021
Auction Date/Time Info	On HiBid from Friday June 18th 2021 at 2:00 pm to June 28 th 2021 at 2:00pm; The Highest Bid received from Internet Bidding will Be taken to the Live Auction on June 29th. 2021 at 10:00 am
Preview Date/Time	Call Auctioneer at 815-257-4442 for Appointment to come view the Property
Checkout Date/Time	NA
Location	Live Auction will be held at the Toluca Legion Hall, 119 W.Santa Fe, Toluca, IL 61369
Buyer Premium	1% Buyer's Premium
Description	87.5 Acres

Terms and Conditions

1. 10% Down Day of Sale, With Balance Due on or Before July 29h 2021 2. A Title Insurance Policy in Full Amount of Purchase Price Will be Furnished. 3. The 2021 Real Estate Taxes due in 2022, will be Prorated to date of Closing. 4. Full Possession Given Day of Closing, 5. Buyer will Enter Written Contract Day of Sale. 6. Tracts being sold in Buyers Choice Method, Bidding on a Per Acre Basis times the Surveyed Acres.. 7. Seller Reserves The Right to Accept or Reject any or all Bids. 8. Announcements Made Day of Sale Take Precedence over Printed Material. This will be a Live on Site Auction with Live On-Line Bidding at HiBid.com INTERNET BIDDERS - Must be able to Wire Transfer 10% Down Payment to the Sellers Attorney after the Conclusion of the Live Auction, and Sign a Contract embodying the Sale Terms.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 9,999,999.99	25.00 USD

Payment Information

Currency	USD
Buyer Premium	1% Buyer's Premium
Payment Terms	INTERNET BIDDERS - Must be able to Wire Transfer 10% Down Payment to the Sellers Attorney after the Conclusion of the Live Auction, and Sign a Contract embodying the Sale Terms. Balance Due at Closing on or before 30 Days

Shipping / Pick Up

Possession will be given Day of Closing

Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.