County Road 1800 North , Vandalia, IL 62471(Fayette County)

Multi-par / combination of tracts will be allowed at 7 pm, the last hour of close of auction.

DESCRIPTION

Short Legal: Sections 35 & 36, T7N-R1E

TRACT 1 - 60 ACRES

With 59 tillable

Leveled farmland

Soil productivity index 118.1

Road frontage on Co Rd 1800N

Part of Pin #14-10-35-400-001

Taxes: $993.75 (estimated)

TRACT 2 - 20 ACRES

With 16 pasture

Fenced for livestock and pond

Lays sloping to rolling

Road frontage on Co Rd 1850N

Part of Pin #14-10-35-400-001

Taxes: $331.25 (estimated)

TRACT 3 - 19 ACRES

All pasture land

Fenced for livestock

Lays gently rolling to rolling

Road frontage on Co Rd 1850N

Part of Pin #14-10-36-100-003

Taxes: $196.82 (estimated)

TRACT 4 - 40 ACRES

With 26 tillable

Soil productivity index 99.6

Fenced for livestock

Lays gently rolling to rolling

Road frontage on Co Rd 1850N

Part of Pin #14-10-36-100-003 & 14-10-36-100-005

Taxes: $406 (estimated)

TRACT 5 - 20 ACRES

Pasture land

Fenced for livestock

Older fence in need of repair

Lays gently rolling to rolling

Road frontage on Co Rd 1850N

Part of Pin #14-10-36-100-003 & 14-10-36-100-005

Taxes: $408 (estimated)

TERMS AND CONDITIONS

NO BUYER'S PREMIUM.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.

BIDDING PER ACRE X AMOUNT OF ACRES. OFFERED IN 5 TRACTS. $10 BID INCREMENTS.

PROCEDURE: Property offered in 5 tracts or combination.

SURVEY: No survey provided.

MINERAL: Seller to convey all, if any.

CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of wire transfer and received within 3 business days. The balance of the contract purchase price is due at closing.

TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps. Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller.

CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.

POSSESSION: Possession at closing including 2023 farming rights.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. 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".

Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids.

AUCTIONEER: Donald Bailey, IL Lic #441.002325