SELLAFARM

YOUR TEAM ON THE GROUND

SATURDAY AUGUST 28 9AM ILLINOIS

47.8+/- acres – 34.37+/- tillable

~Possible Wooded Building Sites On Blacktop~

Auction Location- Mahrenholz Center 1 mi. North of Westport, IL on Rt 33

Land Location- U.S. Rt. 50, 6 mi East of Lawrenceville, IL to Lake Lawrence Road 1900E, North 1 mile

~Land will be offered in 4 tracts and may be purchased in single tracts, any combination, or as a whole~

Tract 1 22.3+/-Ac. 21.24+/- Tillable – Brief Legal – Land in S1/2 NW1/4 Sec. 18, Russell Township, Lawrence Co. IL T4N, R10W – Access – Direct access to 1820E on South border & 1800E on West border – Soils – All NEHL – Carmi, Sawmill

Tract 2 8.5+/-Ac. – ALL WOODED – Brief Legal – Land in S1/2 NW1/4 Sec. 18 Russell Township Lawrence Co. IL. T4N R10W – Access – Direct access to blacktop on South border & 1800E on West border. ~POSSIBLE BUILDING SITE~ Soils – Carmi, Stockland, Orio.

Tracts 1 & 2 are just across Rd 1800E from Tract 3 & 4

Tract 3 3.5+/-Ac – ALL WOODED – Brief Legal- Land in S1/2 NE1/4 Sec. 13 Russell Township Lawrence Co. IL T4N R11W Access – Direct access to Rd 1800E Soils – Carmi, Lamont

Tract 4 – 13.5+/-Ac. 13.13+/- Tillable – Brief Legal – Land in S1/2 NE1/4 Sec. 13 Russell Township Lawrence Co. IL T4N R11W Access – Established farm lane with multiple users leading to Rd 1800E Soils – All NHEL – Wabash, Carmi, Westland, Lamont, Fox

FSA Info: Wheat Base 15.9Ac. Yield 46/ Corn Base 15.5AC. Yield 101/ Soybeans Base 9.4

Farm Rights: Buyer to have 2011 farm rights. Buyer to notify tenant of change. Seller to retain 2010 income.

Possession: Farmland – upon harvest of current crop. Wooded – Date of Closing

Mineral Rights: Buyer to receive mineral rights owned by seller. Land is currently leased with no production.

Real Estate Tax: Tract 1 – Currently $106.94 Tract 2 - $44.40 Tracts 3 & 4 are currently combined $77.22. Seller to pay 2010 tax due 2011, Buyer thereafter.

Survey: Any survey cost will be paid ½ seller ½ buyer(s). any acreage difference discovered in survey will be reflected in price adjustment based upon price per acre of tract involved

Terms: 10% down day of sale non refundable. 6% Buyers Premium. Seller to provide title insurance, closing to occur as soon as necessary documents are prepared. Have financial arrangements made prior to sale. All information provided are from sources deemed reliable however not guaranteed. Being sold subject to owner approval. Announcements made day of sale take precedence over all.
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Sellers – Elizabeth Gillespie, John Thompson & Charles Thompson