Bradford Sale Bill.pdf

Bradford Sale Bill.pdf

VIRTUAL ONLINE

MCDONOUGH COUNTY, ILLINOIS LAND AUCTION MONDAY, AUGUST 1, 2022 AT 10:00 AM CT

191.16 SURVEYED ACRES • SELLING AS 2 TRACTS

DEANA BRADFORD, BURT ALLEN & DENISE ALLEN

Representing Attorney: John McMillan | McMillan, Hennenfent & DeJoode PC 402 East Jackson, Macomb, Illinois 61455 (309) 837-2904

Auction Manager: Michael Sullivan (309) 333-0916 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107

LOCATION & GENERAL INFORMATION 191.16 Surveyed Acres - 2 Tracts The farm is located approx. 2.5 miles southwest of Bushnell, IL or approx. 7 miles northeast of Macomb, IL. The farm is further described as being located in Section 1, T6N - R2W, Macomb Township & Section 6, T6N - R1W, Mound Township, McDonough County, IL. Tract 1 represents productive, tillable farmland. Tract 2 represents a combination of hay/pasture & timber/recreational land. TRACT INFORMATION Tract 1 - 135.34 Surveyed Acres • FSA figures indicate 122.60 NHEL acres of cropland currently in row crop production • The remaining acres are in waterways • Productivity Index Rating (PI): 127.2 • Productive soil types include Clarksdale, Denny, Greenbush, Ipava & Keomah • Access is along the north side by N 1800th Rd. Tract 2 - 55.82 Surveyed Acres • Recreational tract which includes a diversity of open grassland & timber/draws • This tract is currently being utilized in hay production • Also offers whitetail deer & other wildlife habitat • Access is along the north side by N 1800th Rd.

SUBJECT

127.2

METHOD & TERMS The tracts will be sold on a price per acre basis, based on recently completed survey. Each tract will be sold individually. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Friday, September 2, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. The 2022 real estate taxes will be prorated to the date of closing. Possession will be given at the time of closing, subject to a cash rent lease for the 2022, 2023 & 2024 crop years. The new buyer(s) will receive the 2nd half of the cash rent for the 2022 crop year & all future cash rent payments. Contact auction company for details regarding the cash rent agreement. Bidding is NOT subject to the following contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.

ADDITIONAL INFORMATON, PHOTOS & BIDDING ONLINE: www.SullivanAuctioneers.com

www.SullivanAuctioneers.com

FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301

PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com

191.16 SURVEYED

VIRTUAL ONLINE | MCDONOUGH, ILLINOIS LAND AUCTION MONDAY, AUGUST 1, 2022 AT 10:00 AM CT

ACRES SELLING IN 2 TRACTS

DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 DEANA BRADFORD, BURT ALLEN & DENISE ALLEN