TRACT 2

This is one of the prettiest farms you will find in Pope County Illinois, and the hunting is outstanding, both Whitetail and Turkey. The property will be offered in 2 tracts, 100 acres and 40 acres.

• 83.09 acres CRP - pays $9,460 yearly. See attached contracts.
  Contract 11022, 1.20 acres pays $175 yearly until 9/30/2025
  Contract 11078, 22.12 acres pays $2,933 yearly until 9/30/2027
  Contract 11021, 3.21 acres pays $540 yearly until 9/30/2030
  Contract 11230, 56.56 acres pays $5,812 yearly until 9/30/2033
• Older 2-story farm home in poor repair (uninhabitable)
• Seller will provide a survey. Contract acres / Sale Price will be adjusted at closing to match surveyed acres.
• Taxes: $16.79 per acre (2023 paid 2024)
• Tax Parcel: Part of #11-1-07-134-006
• Buyer will be required to assume CRP contracts.

Tract #1: 100+- acres. Bidding is per Tract.  Minimum Opening Bid - $100,000.  $1000 bid increments. Combination bidding will be allowed starting at 7 pm on THURSDAY, SEPTEMBER 19, until close of auction. Single tract bidding will remain open until auction ends.

3 ponds, older farm home in poor repair (uninhabitable) and 2 outbuildings. There are 3 food plots. There are 46.83+- acres in CP1, 19.2+- acres in CP3A and 3.21 acres in CP21 with a yearly income of $7,818.41 until the various contracts expire or are renewed. The acres and payment may vary as FSA will make the determination of splits for 2 fields.  Frontage on Hill Road.

Tract #2: 40+- acres. Bidding is per Tract. Minimum Opening Bid - $40,000.  $1000 bid increments. Combination bidding will be allowed starting at 7 pm on THURSDAY, SEPTEMBER 19, until close of auction. Single tract bidding will remain open until auction ends.

A great Hunting tract with wooded, CRP income, well-maintained food plot and pond. Terrain is gently rolling and the wooded is not overgrown with underbrush. There is a grove of young Chestnut, Oak and Walnut trees on this tract. There are 12.3+- acres of CP1 and 2.92+- acres of CP3A on this tract with an annual payment of $1,642+- yearly, until the various contracts expire or are renewed. The acres and payment may vary as FSA will make the determination of splits for 2 fields. Frontage on Hill Road.

PROCEDURE

• Registration: Proper registration is required to bid. All bidders must provide name, address, phone number and email address to register. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Auctioneer reserves the right to refuse to register or admit Buyer at his/her sole discretion.
• Note: If you are unable to bid Online or are unsure about the reliability of your internet connection, call the Auctioneer and make alternative bidding arrangements by September 18th.
• Bidding will be on a PER TRACT BASIS – Flat Bidding – Not eBay style.
• Tract #1: 100+- acres. Bidding is per Tract.  Minimum Opening Bid - $100,000.  $1000 bid increments.
• Tract #2: 40+- acres. Bidding is per Tract. Minimum Opening Bid - $40,000.  $1000 bid increments.
• Combination bidding will be allowed starting at 7 pm on THURSDAY, SEPTEMBER 19, until close of auction. Single tract bidding will remain open until auction ends.
• BIDDING will OPEN AUGUST 19, 2024 and will be available until 8:00 PM CST THURSDAY, SEPTEMBER 19, 2024, subject to bid extensions (Soft Close). 

TERMS AND CONDITIONS

• NO BUYER'S PREMIUM.
• SALE SUBJECT TO CONFIRMATION OF SELLER(S).
• NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyer’s financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding.
• ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances.
• REAL ESTATE TAXES: Pro-rated to day of closing.
• SURVEY: Property will be surveyed and sale price will be adjusted to surveyed acres.
• MINERAL: Any mineral owned will transfer, 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 personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing. Any stop payment order of a check or giving a check which is returned marked “insufficient funds,” shall be deemed by the parties to be evidence of fraud existing at the time the transaction was consummated and shall be construed by the parties as intent to defraud.
• TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Policy and a 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 and 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.
• AGENCY: Buy A Farm Land & Auction Co LLC is the Agent and Representative of the Seller.
• 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 made by the Seller(s) or Buy A Farm Land & Auction Co LLC pertaining to this property. Real estate is being sold "As Is, Where Is".
• AUCTIONEER: Wayne Keller, IL Lic #441.002475; 618-407-1679

135 Hill Road
Golconda, Illinois 62938
United States