SOLD $4,200 per acre
LAND AUCTION
LAND AUCTION
66 Acres M.O.L
Mount Morris, IL.
Saturday May 15, 2010
11:00 A.M.
Auction will be held at farm
Directions: From Rte. 64 (west side of Mt. Morris) take Reynolds Ave. south 2 ½ miles to farm. Reynolds Ave. turns into Lowell Park Rd.
Description of Land
The 66 acres M.O.L. of unimproved farmland, is located in Sections 32 & 33 of Mt. Morris Township, Ogle County. There are 64.6 tillable acres. Primary Soil Types: Dodge Silt Loam, Birkbeck, Fayette, Senachwine. Corn Base: 64.4, Direct Yield 111. There is approx. ½ mile of road frontage on Lowell Park Rd. This would make an excellent home building site.
Art & Rita Brummel - Owners
Attorney for Seller – Ronald E. Lang 630-859-3230
Terms:<br>
Bidding will be on a per acre basis multiplied by the number of advertised acres. The purchase price will relate to the parcel as a whole. The successful Buyer will be required to put down10% day of auction and execute a contract for the purchase of the real estate under the terms and conditions specified herein. The earnest money should be in the form of a personal check or cashier’s check. The balance of the purchase price will be due at closing to be held on or before June 15, 2010. Seller will provide Buyer with an Owner’s Title Insurance Policy in the amount of the purchase price and will provide a Deed conveying the Farmland to the Buyer. Real Estate taxes for the year 2010 will be prorated. There is no existing farm lease in place for 2010. The farm land will be available for the 2010 crop year. Seller reserves the right to accept or reject any or all bids. <br>
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Disclaimer and Absence of Warranties: All information contained herein and all related materials are subject to the terms and conditions outlined in the Contract to purchase. Announcements made by the auctioneer at the time of auction and during the sale will take precedence over any prior printed material or other oral statements made, except the purchase agreement. The property is being sold on an “as is, where is” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the seller or the auction company. Information contained herein is believed accurate, but subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by Seller or the auctioneer. Conduct at the auction and increments of bidding are at the discretion and direction of the auctioneer.
Bidding will be on a per acre basis multiplied by the number of advertised acres. The purchase price will relate to the parcel as a whole. The successful Buyer will be required to put down10% day of auction and execute a contract for the purchase of the real estate under the terms and conditions specified herein. The earnest money should be in the form of a personal check or cashier’s check. The balance of the purchase price will be due at closing to be held on or before June 15, 2010. Seller will provide Buyer with an Owner’s Title Insurance Policy in the amount of the purchase price and will provide a Deed conveying the Farmland to the Buyer. Real Estate taxes for the year 2010 will be prorated. There is no existing farm lease in place for 2010. The farm land will be available for the 2010 crop year. Seller reserves the right to accept or reject any or all bids. <br>
<br>
Disclaimer and Absence of Warranties: All information contained herein and all related materials are subject to the terms and conditions outlined in the Contract to purchase. Announcements made by the auctioneer at the time of auction and during the sale will take precedence over any prior printed material or other oral statements made, except the purchase agreement. The property is being sold on an “as is, where is” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the seller or the auction company. Information contained herein is believed accurate, but subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by Seller or the auctioneer. Conduct at the auction and increments of bidding are at the discretion and direction of the auctioneer.