Lexington, IL 61753(McLean County)

Tract 1 136 acres (subject to survey)

FSA records should indicate 131 NHEL cropland acres (estimated)

Productivity Index (PI): 128.3

Soil types include Chenoa, Ashkum, Graymont, and Andres

The balance of this tract contains several machinery storage buildings and a large yard

Several mature trees make this an excellent building site

Access along the south side from E 2550N Rd

Tract 2 136 acres (subject to survey)

FSA figures should indicate 138 NHEL cropland acres (estimated)

Productivity Index (PI): 130.1

Soil types include Chenoa, Ashkum, Graymont, and Drummer and Elpaso

Former country school site sits in the southeast corner of this tract

Access along the south side from E 2550N Rd

REAL ESTATE TAX INFORMATION

PIN 10-02-200-002 - 271.52A - $11,090.88

SOIL TEST RESULTS

Tract 1

pH - 6.4

P - 59#/A

K - 404#/A

Tract 2

pH - 6.3

P - 51#/A

K - 350#/A

YIELD HISTORY

Year - Corn Beans

2020 - 203 57

2021 - 183 68

2022 - 230 66

2023 - 177 78

METHOD & TERMS

All tracts will be sold on a price per acre basis, based on surveyed acres, and will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either tract 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 both 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 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, March 29, 2024.

The seller will provide title insurance in the full amount of the purchase price. Seller will pay the 2023 real estate taxes due in 2024 with a credit at closing. Buyer pays 2024 taxes and beyond. Open lease for 2024 crop year and beyond. Possession at closing.

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, LLC pertaining to this property. Real estate is being sold AS IS.

MACHINERY ITEMS (TIMED ONLINE)

Henry Winterland Trust will also be selling items in the Wednesday, February 28, 2024 IL & IA Focus Auction.

Major machinery items include: JD 4630, JD 4430, JD 2630, JD 6620 combine with heads plus several more items.

Contact Jake Firkins at (217) 714-5266 for questions about the machinery items.

Henry Winterland Trust

Bank of Pontiac and Dallas L. Bose, Co-Trustees

Representing Attorney:

Mark A. Coleman Jr. | Weeks, Brucker & Coleman LTD

606 W Oak St., Fairbury, IL 61739 | (815) 692-2302

Auction Manager:

Kevin Haas (309) 264-7767