Missouri Land Auction

AUCTION

125.76 Highly Productive Tillable Acres I Ralls County, Missouri Center, MO

Tuesday, November 25th I 10am Auction Held at Town Hall 105 S. Public St. Center, MO 63436

SOLD IN 3 TRACTS

Tract 1 38.36

Tract 2 40.49

National Exposure, Local Expertise!

520 N. 30th, Suite 19 I Quincy, IL 62301

(217) 214-2752

Tract 3 46.91

125.76 HIGHLY PRODUCTIVE TILLABLE ACRES

Tract 3

Tract 1

Tract 2

Tract 1

38.36 highly productive tillable acres.

Putnam, Mexico & some Leonard soils.

Access from St. Hwy CC.

Tract 2

40.49 highly productive tillable acres.

Putnam, Mexico & some Leonard soils.

Access from St. Hwy 19.

Tract 3

46.91 highly productive tillable acres.

Putnam & Mexico soils. Access from St. Hwy CC.

BEING SOLD IN 3 TRACTS. MOSTLY MEXICO AND PUTNAM SOILS. Soil Map

State: County: Location: Township: Acres: Date:

Missouri Ralls 35-55N-6W Center 125.72 10/27/2014

Soils data provided by USDA and NRCS.

Area Symbol: MO173, Soil Area Version: 13 Code

Soil Description

50058

Mexico silt loam, 0 to 2 percent slopes

Acres 60.47

Percent of field 48.1%

Non­Irr Class Legend

Non­Irr Class IIIw

50012

Putnam silt loam, 0 to 1 percent slopes

42.18

33.6%

IIIw

50059

Mexico silt loam, 1 to 4 percent slopes, eroded

18.14

14.4%

IIe

50034

Leonard silt loam, 5 to 9 percent slopes

4.93

3.9%

IIIe

Area Symbol: MO173, Soil Area Version: 13 Field borders provided by Farm Service Agency as of 5/21/2008. Aerial photography provided by Aerial Photography Field Office.

For more information contact Jason Chinn (660) 541-5058

TERMS & CONDITIONS ON REAL ESTATE PROCEDURE: Tracts 1 through 3 will be offered “Buyer’s Choice” whereas the high bidder can purchase (in any order) any or all of Tracts 1 through 3 for their high bid (price per acre basis). “Buyer’s Choice” auctioning will continue until all of Tracts 1 through 3 has been purchased.

BUYERS PREMIUM: A 2% buyer’s premium will be added to the high bid to arrive at the final contract purchase price.

DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder.

The down payment may be paid in the form of personal check, business check, or cashier’s check. The balance of the contract purchase price is due at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant.

ACCEPTANCE OF BID PRICES: Successful bidders will sign an Agreement to Purchase at the auction site immediately following the close of bidding. Sale of all real estate is subject to the confirmation of the Sellers.

CLOSING: Closing shall occur within 30 days or as soon thereafter as applicable closing documents are completed.

TITLE: Sellers shall furnish the buyer(s) at Sellers’ expense an Owner’s Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).

SURVEY: AT SELLER’S OPTION, the Seller shall provide a new survey where there is no existing legal description sufficient to convey title.

REAL ESTATE TAXES: 2014 real estate taxes will be paid by the Sellers.

Jason Chinn

All announcements made sale day take precedence over prior advertising either written or oral. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold “As Is, Where Is”.

(660) 541-5058