Lerna, IL 62440(Coles County)

FSA figures indicate approximately 136.70 NHEL cropland acres (Split field)

Productivity Index (PI): 136.9 (Class A)

Soil types include Drummer and Toronto

Access along the north off Park St and east from N Co Rd 1000 E

Tract 2 132.86 taxable acres

FSA figures indicate approximately 119.07 NHEL cropland acres (Split field)

Productivity Index (PI): 134.5 (Class A)

Soil types include Toronto and Drummer

Access along the east off N Co Rd 1000 E and south off E Lincoln Hwy Rd

METHOD & TERMS

The Robert D Atwell farm will be sold on a price per acre basis, based on taxable acres.

Both tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be offered. 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 Tuesday, January 14, 2025

The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2024 crop income and will pay all the 2024 real estate taxes, due and payable in 2025, through a credit at closing. Possession at closing subject to an existing lease for the 2024 crop year only. Open lease for 2025 crop year and beyond.

Bidding is NOT subject to any 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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.

Robert D. Atwell Estate

Representing Attorney:

Janet L Grove | Constant, Wawrzynek & Grove, LLC

1400 Charleston Ave., Suite 200, P.O. Box 1425, Mattoon, Illinois 61938 | (217) 234-7123

Auction Manager:

David Smith (217) 841-0821