Indiana Land Auction

AUCTION

1,400+ Acres Montgomery & Tippecanoe County, Indiana

Thursday, November 20th I 10am Sellers: Sarah E. Durham Trust and James C. Carter Trust

Held at

Quality Inn

2500 N. Lafayette Rd. Crawfordsville, IN 47933

ET

Informational Open House

Saturday, November 8th 10am-Noon Representative will be located at the grain bins on Tract 6.

See website for complete details!

Auctioneer: Mark T. Mommsen, CAI Lic.# AU11400076

National Exposure, Local Expertise!

Jason L. Wallingford, CAI-Owner

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

(217) 214-2752

Seller: Sarah E. Durham Trust

16

Montgomery & Tippecanoe County

INDIANA

See website for complete details

www.iAuctionandRealty.com

27-21N-6W Tippecanoe County

Seller: James C. Carter Trust

TRACT DETAILS

Auctioneer: Mark T. Mommsen, CAI - Lic.#AU11400076

Tract 9

40± acres with 40± highly productive tillable acres.

Tract 10 Tract 1

160± acres with 155± highly productive tillable acres and approximately 2.1 acres of CRP.

Tract 2

51± acres with 51± highly productive tillable acres.

Tract 3

40±acres with 37± highly productive tillable acres.

Approximately 3± acres of CRP.

Tract 11

70±acres with 66± highly productive tillable acres.

Approximately 4± acres of CRP. Some field tile 4” on 40’.

Tract 12

158± acres with 156± highly productive tillable acres.

186± acres with 176± highly productive tillable acres.

Approximately 8± acres of CRP.

Tract 4

Tract 13

56± acres with 56± highly productive tillable acres.

Tract 5

125± acres with 125± highly productive tillable acres.

Tract 6

136± acres with 118± highly productive tillable acres. Older grain bins, barn and fenced pasture also included on this tract.

61± acres with 56± highly productive tillable acres.

Approximately 5± acres of CRP. Some field tile 4” on 40’.

Tract 14

39± acres with 34± highly productive tillable acres.

Approximately 3.5± acres of CRP. Field tiled 4” on 40’.

Tract 15

Tract 7

80± acres with 80± highly productive tillable acres.

Tract 8

43± acres with 43± highly productive tillable acres.

This tract is located in Tippecanoe County.

Seller: James C. Carter Trust.

80± acres with 80± highly productive tillable acres.

70± acres with 70± highly productive tillable acres.

Tract 16

TERMS & CONDITIONS Auctioneer: Mark T. Mommsen, CAI - Lic.#AU11400076 PROCEDURE: Tracts 1 through 16 will be offered “Buyer’s Choice” whereas the high bidder can purchase (in any order) any or all of Tracts 1 through 16 for their high bid (price per acre basis). “Buyer’s Choice” auctioning will continue until all of Tracts 1 through 16 have been purchased.

BUYERS PREMIUM: A 2% buyer premium will be added to the high bid to equal the final contract price for a tract(s).

DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. 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, if any.

ACCEPTANCE OF BID PRICES: All successful bidders will sign an Agreement to Purchase at the auction site immediately following the close of bidding. All final bid prices are subject to approval or rejection

by Seller.

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

TITLE: Seller shall furnish the buyer(s) at Seller’s 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).

REAL ESTATE TAXES: Seller shall pay 2014 and all prior year real estate and drainage taxes.

ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on aerial maps.

SURVEY: Where there is no existing legal description to determine acreage amounts and sufficiently convey title, seller shall provide a boundary survey by a licensed land surveyor. Final purchase price will be based upon legally described acres or gross surveyed acres.

MINERAL RIGHTS: The buyer will receive and seller will convey all mineral rights that the seller owns relating to the property.

AGENCY: United Country iAuctionandRealty.com and its representatives are exclusive agents of the Seller.

Sellers: Sarah E. Durham Trust and James C. Carter Trust.

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”.

(217) 214-2752