Burnt Prairie, IL 62820(White County)

TRACTS 3-6: The homeplace farm features 115 +/- tillable acres with an average productivity index of 97.4. Located just south of Interstate 64 at the Burnt Prairie exit, the tracts offer frontage along two sides for easy access.

TRACT 8: 10.29 tillable acres with frontage along with CR 775 with a productivity index of 93.

TRACT 9: The Centerville farm features almost 62.25 tillable acres having an average productivity index of 105.3. Located just 4-miles southeast of the homeplace farm tracts 3-6.

TRACTS 10 & 12: The Springerton farm features 58.55 tillable acres with a productivity index ranging from 92-104. The tract is easily accessible just West of US 45, north of Springerton and 5-miles south of Interstate 64.

FOR THE HOMEBUYER: Tracts 1 and 2 feature 18-acres and are improved with a 1280 SF frame home consisting of 3 bedrooms, 1 bathroom, living room, eat-in kitchen, office, utility room, and full unfinished basement. Additional improvements include a shed, recent constructed 30x 40 equipment shed on Tract 1. Tract 2 is improved with a 37x46 equipment shed and 30x 72 building currently used as a shop. Nicely located at the end of CR 2450 N, these tracts offer privacy and plenty of potential for a farmstead or small hobby farm.

TRACT DESCRIPTIONS:

Tract 1: 8 ac; 1280 SF farmhouse and other improvements

Tract 2: 10 ac; 1700 SF equipment shed; 2160 SF building

Tract 3: 50 ac; 47.93 tillable ac; easement access

Tract 4: 30 ac; 29.63 tillable ac

Tract 5 (swing tract): 14 ac; 13.78 tillable ac

Tract 6: 24 ac; nearly all tillable

Tract 7: 25.5 ac; wooded and pasture acres

Tract 8: 14 ac; 10.29 tillable ac

Tract 9: 72.5 ac; mostly tillable

Tract 10: 21 ac; 19.36 tillable ac

Tract 11: 10 ac; mostly wooded

Tract 12: 46 ac; 39.19 tillable ac

DOWN PAYMENT: A 10% down payment is due on the day of the auction with the balance due at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. Bidding is not conditional upon financing. Bidders should arrange for financing, if needed, and be capable of paying cash at closing.

BUYERS PREMIUM: A 4% buyers premium will be added to the high bid to the determine the contract sales price

ACCEPTANCE OF BID: Successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction. The real estate will be sold subject to the approval of the Seller.

DEED: Seller shall provide a sufficient deed conveying title to the property.

CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of the presentation of insurable title.

POSSESSION: Buyers will receive possession to the property at closing.

REAL ESTATE TAXES: The real estate taxes will be prorated to the date of the closing.

ACREAGE: All tract acreages, dimensions, and proposed boundaries outlined on the auction plat and all advertising are approximate and are estimated based on current legal descriptions and/or aerial photos. Purchaser should make his/her own independent determination of acreage prior to bidding.

MINERALS: Seller will retain all minerals for a period of 15-years after closing.

SURVEY: If a survey is deemed necessary to establish a new legal description, the cost of the survey will be shared 50/50 between the seller and buyer.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this ad and all related materials are subject to the terms and conditions outlined in the Purchase Agreement, which shall take precedence. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or WILLIAM WILSON AUCTION & REALTY, INC., including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities, assurance of building permits, driveway permits, or water and septic permits. All sketches and dimensions are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property.

All announcements the day of the auction take precedence over printed material or any other oral statements made.

OWNER: Owen and Pearl Matz Heirs