Auction Terms and Conditions: November 19, 2019
Method of Sale- Walker Auctions LLC will sell at auction the Sonnie and Catharine Walker Trust consisting of approximately 480.45 Farmland Acres (472.21 Cropland Acres, 487.90+/- deeded acres) 2 miles west of Wardell, MO. The farm may be offered in separate tracts including the home as a separate tract, a combination of tracts, and offered as a whole. This will be a simulcast auction where buyers can bid on site or online.
Time- Tuesday November 19, 2019 at 10:00 a.m. Registration can be done online at www.WalkerAuctions.com or at the auction site beginning at 9:00 a.m.
Location- American Legion Building at 1515 First St. Kennett, MO 63857 located at the Delta Fairgrounds on Hwy 84 (412). Online bidding will take place simultaneously at www.WalkerAuctions.com . Potential online buyers are encouraged to register in advance. Walker Auctions and the seller is not responsible for any internet failures during the bidding process. Online Buyers are encouraged to contact Walker Auctions in advance of the auction to secure additional phone numbers to call in case there is an issue with online bidding.
Acreage- The stated acreage is based on FSA and County Assessor records- 480.45 Farmland Acres, 472.21 cropland acres and 487.90 deeded acres.
Survey- Seller is not providing a survey except for the survey involving the home tract and the survey involving the shop tract.
Down Payment- 10% down on each tract is due the day of the auction with the balance due in 60 days or prior at closing. It is the desire of the seller to close before the end of 2019. If the seller needs extra time due to the loan or title process, closing time will be extended to 60 days past the auction. The down payment must be in the form of a personal or company check accompanied with a bank letter guaranteeing minimum funds are available, or cashier’s check.
Financing- Bidding is not contingent upon financing. Buyer should have financing arranged or be capable of paying cash at closing.
Deed- the Seller will provide a general warranty deed and a clear title at closing.
Contract- the details of the terms of sale are listed in the Real Estate Contract posted on www.WalkerAuctions.com
Closing- The closing will take place at the offices of Dalton, Mowrer and Chidister, LLP 203 College Avenue Kennett, MO 63857 on or before December 19, 2019.
Easements- The sale of this property is subject to any and all easements of record.
Possession- At closing.
Renters rights- Present farm rental rights end 2019. Duck Pits are presently rented through January of 2020. Hunters will have access to hunting until that time.
Real Estate Taxes- Seller is responsible for 2019 and prior real estate taxes.
Possession will be given at closing.
Rents- Seller will collect 2019 crop rent.
Disclosure- Buyer has been informed that the home, including out buildings was constructed prior to 1978 and may contain lead-based paint.
Lance Walker of Walker Auctions LLC is one of the recipients of the Sonnie and Catharine Walker Trust proceeds.
Disclaimer- Announcements made by Walker Auctions, or legal counsel at the auction during the time of the sale take precedence over any previously printed materials or any other oral statements made. Property is being sold in “AS IS” condition. The Seller and Walker Auctions LLC has the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
Tracts-
472.21=/- FSA Cropland Acres, 487 +/-Deeded Acres Pemiscot County Hwy 223
Tract 1- Home place- Containing 2.80 acres+/- including the three bedroom, two bath home, pecan grove and metal workshop. Located on County Rd 223. This tract is a part of Pemiscot County parcel # 04-08-27-00-000-00800
Tract 2- Land behind Tract 1 (home place)- 71.76 +/- Cropland acres FSA Farm 2771, Tract 174, Deeded Acres-79.41 +/- Located on County Road 223 put to grade, well, duck pit. This tract is a part of Pemiscot County parcel # 04-08-27-00-000-00800
Tract 3- Land just across Little River- 146.91 +/- Cropland acres, FSA Farm 2771, Tract 175, Deeded Acres- 157.16+/-. Located on County Road 223 and 228- put to grade, well, duck pit- Pemiscot County parcel # 04-08-33-00-000-00200
Tract 4- 64.18 +/- Cropland acres, FSA farm 2772, Tract 176, Deeded Acres-60+/-, County Road 223 put to grade, well- Pemiscot County parcel # 11-02-04-00-000-00200
Tract 5- 111.46 +/- Cropland Acres, FSA Farm 2772, 110.11+/ Deeded acres, County Road 223- Pemiscot County Parcel # 11-02-04-00-000-00600
Tract 6- Cropland Acres- 77.9 +/- FSA Farm 2772, Deeded Acres 79.23+/-, County Road 223 well, put to grade, duck pit-Pemiscot County Parcel # 11-02-04-00-000-00700 and # 11-02-04-00-000-00800
Online Bidding- Online Bidders should register to bid with Walker Auctions LLC prior to auction day. Day of auction online registration is allowed buy may be delayed.

WALKER AUCTIONS 901:322.2139 LANCE@WALKERAUCTIONS.COM

Farm to Be offered in six individual tracts, combinations or as a whole. Located west of Wardell, south of Peach Orchard, north of Bragg City, east of Kennett. MORE DETAILS COMING SOON