Sullivan Co. Land iAuction-Keith Smith Estate

iAUCTION 404Âą Acres / 6 Tracts

I

149 Big Bales

Keith Smith Estate

Sullivan County, MO Online Bidding Ends

Wednesday, February 11, 2015 6:00 p.m. CST

Informational Open House

Saturday, January 31st 9am-11am Representative located on Tract 6.

National Exposure, Local Expertise!

Jason Wallingford

Suzanne Rhodes

(217) 214-2752

(660) 734-1600

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

825 N. Pearl, Suite 3, P.O. Box 180 Milan, MO 63556

Tract 1

40± acres with 21 acres pasture/hay, balance in wooded draws with an older machine shed.

NICE HUNTING TRACT WITH EXCELLENT BUILDING SITES!

Tract 2

40± acres with 27.5 acres of CRP paying $2,641 per year through 2022, balance in wooded draws.

NICE HUNTING TRACT WITH EXCELLENT BUILDING SITES & INCOME!

Tract 3

20± acres with 12.4 acres in CRP (CP2/CP12) paying $854 per year through 2015 and 1.4 acres in CRP (CP-11) paying $138 per year through 2020. Balance in woods and creek.

EXCELLENT HUNTING TRACT WITH INCOME!

Tract 4

100± acres with 3.5 acres in CRP (CP21) paying $355 per year through 2018, 5.1 acres in CRP (CP11) paying $501 through 2020, 21.9 acres in CRP (CP2) paying $2,282 through 2023 and 23.1 acres in CRP (CP2) paying $1,592 per year through 2015. Balance in woods and creeks.

EXCELLENT HUNTING TRACT WITH INCOME!

Tract 5

39± acres with 18.4 acres in CRP (CP2) paying $1,268 per year through 2015. Balance in woods and creek.

EXCELLENT HUNTING TRACT WITH INCOME!

MISSOURI

Sullivan County

Tract 6

165Âą acres with excellent perimeter fences and cross fences. 9 ponds with cattle water tanks & 30x50 cattle shed open to the south.

EXCELLENT CATTLE FARM!

Tract 7

149 Big Bales, 37-2014 bales in netting and 112-2013 bales in twine.

Timothy and Orchard grass.

Tract 7

Online Bidding Ends Wednesday, February 11, 2015 6:00 p.m. CST

TERMS & CONDITIONS 1. PROCEDURE: Bidding ends Wednesday, February 11, 2015 at 6:00 p.m., CST, with a “soft close”, meaning that a last minute bid will extend bidding by 5 minutes.

2.BUYERS PREMIUM: 5% Buyer’s Premium will be added to the final bid price to arrive at the contract sale price.

3. ACCEPTANCE OF BID PRICES: Winning bidder(s) will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction the winning bidder will be forwarded via email a Contract to Purchase.

A signed copy of the contract must be received by United Country iAuctionandRealty.com on or before 12:00 NOON, Thursday, February 12, 2015 (hand delivered, faxed or scanned and emailed). All final bid prices are subject to approval or rejection by Seller.

4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Bidding is not contingent upon financing. The balance of the purchase price will be due at closing.

5. CLOSING: Closing shall be on or before 3:00 p.m., Wednesday, March 18, 2015.

6. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant, if any.

7. 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).

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

9. REAL ESTATE TAXES: Seller shall pay 2014 and all prior year real estate taxes. 2015 real estate taxes shall be paid by the Buyer(s).

Under no circumstances shall Bidder have any kind of claim against United Country iAuctionandRealty.com, or anyone else if the Internet service fails to work correctly before or during the auction. 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” with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.

Jason Wallingford

Suzanne Rhodes

(217) 214-2752

(660) 734-1600 Tract 1

Tract 3

Tract 2

Milan

Locust Creek Conservation Area

Tract 4

Tract 5

Tract 6 Humphreys

HWY 6