General Statements

Note: The water well that supplies the brick home is located within Tract #2 (E. of the home near barn). If tracts sell separately to different buyers, a “Water Line & Ingress/Egress Easement Agreement & Dedication of Water Well” will be filed to dedicate the use of said water well to the home. ‘18 Taxes for Entirety: approx. $1,237.00 w/ homestead exemption. The 2019 taxes will be prorated to the day of closing. Legal Description: SE/4 of Sec. 17, Twp. 22N, R8 W.I.M. together with an easement for use of a water well. Order of Auction: Tracts will be offered individually & together. Possession: Possession of the home & yard is to be given upon payment in full of the purchase price & transfer of title, at closing. Possession of the balance of the land is to be given upon payment in full of the purchase price & transfer of title, at closing, subject to the existing lease which expires upon completion of harvest of the presently growing 2018-2019 crop, or July 1, 2019, whichever is later. Minerals: Do not sell. Crop: Does not sell.

Registration: All bidders are required to register with valid form of ID and acknowledge and agree to auction terms & conditions. Absentee bidders who choose to authorize another person to bid/purchase on his/her behalf must provide a letter of authority. Please contact Auction Company for further details.

Terms: 10% of the purchase price is to be placed in escrow day of auction with the balance being due upon delivery of merchantable title. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, crop base, condition, size, etc. prior to auction day. Announcements made day of auction take precedence.

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