Ferris, IL 62321(Hancock County)

Productivity Index (PI): 138.9 (Class A)

Soil types include Virden, Ipava & Shiloh

Access is along the south side by ECR 2000

Tract 3 - 74.58 surveyed acres

FSA figures indicate 69.04 Acres of cropland (47.96 NHEL)

Productivity Index (PI): 130.7

Soil types include Ipava, Keller, Virden & Lawson

Access is along the south side by ECR 1800 (Ferris Blacktop), along the east side by NCR 1800, along the west side by NCR 1700 and along portions of the north side by 1st Street (Ferris)

METHOD & TERMS

The Smith/Holland farm will be sold on a price per acre basis, based on surveyed acres. The tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any or all 3 tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) 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 Monday, December 22, 2025. The seller will provide title insurance in the full amount of the purchase price and pay the 2025 real estate taxes. Possession at closing subject to an existing lease for the 2025 crop year only. Open lease for the 2026 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 on 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, pertaining to this property. Real estate is being sold AS IS.

Representing Attorney:

Dustin Clark | Bougher, Krisher & Clark, Attorneys At Law, P.C.

32 West Side Square, Macomb, IL 61455 | (309) 833-1702

Auction Managers:

Michael Sullivan (309) 333-0916

Louie Zinn (319) 795-2314