Central Grain

Central Grain

MAJOR VIRTUAL ONLINE IOWA LAND AUCTION Thursday, January 13, 2022 at 10:00 A.M. Marion, Lucas & Wayne County, Iowa

1,057 Acres± (Subject to survey)

to be sold in 9 Tracts

Central Grain Inc.

Sullivan Auctioneers, LLC | www.sullivanauctioneers.com | Toll Free (844) 847-2161 | Lic. #444000107

MAJOR • VIRTUAL ONLINE IOWA LAND AUCTION Thursday, January 13, 2022 at 10:00 A.M. Marion, Lucas & Wayne County, Iowa 1,057 Acres± (Subject to survey) • 9 Tracts

Central Grain Inc.

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our of fi ce at (844) 847-2161

Location Located in Section 10, Union Township & Sections 20, 21 & 28, Lincoln Township, Lucas County, Iowa, Sec- tion 4, Knoxville W Township, Section 9, Knoxville S Township, Marion County, Iowa, Section 31, Richman Township, Section 8, Jefferson Township, Wayne County, Iowa. Tracts 1 & 2 are located 2½ miles west of Knoxville, IA on State Hwy 5/92. Tracts 3 & 4 are located at the east edge of Chariton, IA on Auburn Ave. on the north and on Albia Rd. on the south. Tracts 5 & 6 are lo- cated 5 miles south of Lucas, IA off of U.S. Hwy. 65. Tracts 7 & 8 are located 3 miles south of Humeston, IA off of U.S. Hwy. 65. Tract 9 is located 10½ miles south of Humeston, IA off of U.S. Hwy 65. (Be watching for presale directional signs that will be posted in close proximity to all tracts) General Information Make plans now for this fast approaching major Iowa land auction. These diversi fi ed farms literally have it all, including productive tillable farmland, building sites and awesome hunting & recreational acreage. These farms are generally located in close proximity to Knoxville, Chariton & Humeston, IA and all tracts sell with full farming rights for 2022. This is an auction that you will not want to miss! Auction Managers:

John Probasco (641) 856-7355 Jim Huff (319) 931-9292

Representing Attorney: Rick Lynch • Lynch Law Office 207 S. Washington St., Bloomfield, IA 52537 Phone: (641) 664-3188

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Marion County, Iowa • Tracts 1 & 2

Tracts 1 & 2

TRACT 1 • 140 ACRES± (SUBJECT TO SURVEY) • FSA information indicates 133.54 acres tillable. The balance of the tract is in small wooded areas and waterways. • Productive soils include Sharpsburg, Colo & Judson • CSR2 is 76.5 • This tract is improved with terraces, some with drainage tile inlets • Access is on the north by State Hwy 5/92 TRACT 2 • 44 ACRES± (SUBJECT TO SURVEY) • FSA information indicates 24.4 acres tillable. The balance of this tract includes a timber area in the southern portion with some mature oak trees. There are several attractive home build- ing and developmental sites. • Productive soils include Sharpsburg & Shelby • CSR2 is 63.8 • Access is on the north by State Hwy 5/92 For soil maps, photos & more information visit our website: www.SullivanAuctioneers.com

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Lucas County, Iowa • Tracts 3 & 4

TRACT 3 • 68 ACRES± (SUBJECT TO SURVEY)

• FSA information indicates 35.88 acres tillable. The balance of the tract offers hardwood timber, hunting & recreational acreage and a creek meanders through the property. • There are several desirable home building sites on the parcel. • Productive soils include Gara, Zook & Arm- strong • CSR2 is 31.5 • Access is on the north by Auburn Ave.

TRACT 4 • 52 ACRES± (SUBJECT TO SURVEY)

Tracts 3 & 4

• FSA information indicates 36.86 acres till- able. The balance of the tract offers excel- lent recreational acreage close to the town of Chariton, IA as well as several home building sites. • Productive soils include Armstrong, Persh- ing & Gara • CSR2 is 27.3 • Access is on the south by a recorded in- gress/egress easement by Albia Rd.

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Lucas County, Iowa • Tracts 5 & 6

Aerial tour online!

Tracts 5 & 6

TRACT 5 • 152 ACRES± (SUBJECT TO SURVEY) • FSA information indicates 145 acres tillable. The bal- ance of the tract offers grass waterways. • Productive soils include Arispe, Adair & Grundy • CSR2 is 48.4

TRACT 6 • 138 ACRES± (SUBJECT TO SURVEY) • FSA information indicates 125 acres tillable. The bal- ance of the tract offers grass waterways. • Productive soils include Arispe, Clarinda & Grundy • CSR2 is 53.3

• This tract is improved with terraces • Access is on the north by 450th St.

• This tract is improved with terraces • Access is on the north by 450th St.

www.SullivanAuctioneers.com

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Wayne County, Iowa • Tracts 7–8

TRACT 7 • 145 ACRES± (SUBJECT TO SURVEY) • FSA information indicates 119 acres tillable. The balance of the tract offers grass waterways and timber draws. • Productive soils include Seymour & Clarinda • CSR2 is 43.9 • Access is on the west by 10th St and on the south by Quail Run Rd. TRACT 8 • 158 ACRES± (SUBJECT TO SURVEY) • FSA information indicates 125 acres tillable. The balance of the tract includes grass waterways and timber draws offering attractive recreational acreage. • Productive soils include Zook, Shelby & Clarinda • CSR2 is 43.8 • Access is on the south by Quail Run Rd.

Tracts 7 & 8

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Wayne County, Iowa • Tract 9 TRACT 9 • 160 ACRES± (SUBJECT TO SURVEY) • FSA information should indicate 132.77 acres till- able. The balance of the tract offers a pond, old farmstead and timber draws. This property fea- tures recreation at it’s finest with an abundance of wildlife! • Productive soils include Seymour & Zook • CSR2 is 49.6 • Access is on the north by Jewell, on the east by 25th St., and on the south by Iowa Rd. Humeston, IA 10½ miles

Tract 9

Method & Terms

The Central Grain Inc. Farm will be sold in nine (9) individual tracts based on a survey that is currently in pro- gress. The said surveyed acres will be used to constitute the final settlement price. Tracts 1 & 2 will be sold first through the marketing method of “Buyer’s Choice” where the high bidder can take either or both tracts for their high bid. Tracts 3 & 4 will be offered next on a price per acre basis through the marketing method of “Buyer’s Choice”. Tracts 5 & 6 will be offered next on a price per acre basis through the marketing method of “Buyer’s Choice”. Tracts 7, 8 & 9 will be sold on a price per acre basis through the marketing method of “Buyer’s Choice”. The farm will NOT be offered in its entirety or in any combinations. Bidding is NOT contingent upon financing. Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Monday, February 14, 2022 upon delivery of a merchantable abstract and deed. Immediately fol- lowing the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing on all tracts. All tracts sell free & clear for the upcoming 2022 crop year. All announcements sale day shall take precedence over any prior advertising either written or oral. The infor- mation in this brochure 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 the property. This real estate is being sold “as is”.

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Sullivan Auctioneers, LLC PO Box 111 Hamilton, IL 62341-0111 www.SullivanAuctioneers.com

FIRST CLASS U.S. POSTAGE PAID

QUINCY, IL PERMIT 23 62301

MAJOR VIRTUAL ONLINE IOWA LAND AUCTION Thursday, January 13, 2022 at 10:00 A.M. Marion, Lucas & Wayne County, Iowa

1,057 ACRES± (SUBJECT TO SURVEY) • 9 TRACTS Central Grain Inc.