243.7 + or – Acres James E. Hazel and Carolyn Sue Hazel Trust

Live Auction • In Person • Pre bidding & Simulcast Online Bidding

Thursday, May 22^nd, 2025, 6:00PM

Auction Site: Best Western Plus Event Center 367 N West St, Olney, IL 62450

Property Location: North of Noble, IL on Pleasant Ridge Rd.

Tract 1 • 80.2 + or – acres, 77.66 + or – acres tillable soil PI 105.5, 1.36 acres CRP CP8A waterway program annual payment of $211.20/acre total $287.23 expires 9/30/2025; New owner gets all of CRP payment for the year and will receive 2^nd half of cash rent come to $100 on or before Nov 1^st, 2025, and gets farming rights after Fall Harvest of Soybean Crop. Road Frontage on Pleasant Ridge Ln. & Jesse Rd. Located in Section 27, Noble Township, Richland County, IL

Tract 2 • 81.6 + or – acres, 79.91 + or – acres tillable Soil PI 105.7, 2.01 acres CRP CP8A waterway program annual payment of $211.20/acre total $424.51 expires 9/30/2025; New owner gets all of CRP payment for the year and will receive 2^nd half of cash rent come to $100 on or before Nov 1^st, 2025, and gets farming rights after Fall Harvest of Soybean Crop. Road Frontage on Pleasant Ridge Ln. Located in Section 27, Noble Township, Richland County, IL

Tract 3 • 81.9 + or – acres, 61.84 + or – acres tillable Soil PI 104.2, 2.99 acres CRP CP8A waterway program annual payment of $183.23/acre total $548.00 expires 9/30/2025; New owner gets all of CRP payment for the year and will receive 2^nd half of cash rent come to $100 on or before Nov 1^st, 2025, and gets farming rights after Fall Harvest of Soybean Crop. Road Frontage on Pleasant Ridge Ln. Located in Section 27, Noble Township, Richland County, IL

The new owners will receive all of the seller’s mineral interest. However, they do not own all of the mineral rights. The exact acreage will be adjusted according to the survey, whether more or less than listen herein. The bidding will be by the acre and that price will be multiplied by the exact acreage from the survey. If the survey is not completed by the auction the acreage will be adjusted when the survey is completed. 

Attorney for the Trust

Zuber Law

Bart C. Zuber

117 S Kitchell Ave, Olney, IL 62450

618-395-1919

Current Crop is wheat, and it will be planted in soybeans early summer.

Tract 1 second installment of cash rent new owner receives on or before Nov 1^st $100 x 77.6 tillable = $7,760

Tract 2 second installment of cash rent new owner receives on or $100 x 79.91 tillable = $7,991

Tract 3 second installment of cash rent new owner receives on or $100 x 61.84  tillable = $6,184

Tract 1, 2 and 3 will be offered by privilege. The high bidder will have the choice between Tract 1, Tract 2, or Tract 3. The high bidder may choose only 1 tract, 2 of the 3 tracts, or all 3 tracts. The total number of acres will then be multiplied by the high bid. If the high bidder chooses only 1 tract, the other tracts will be offered by privilege, as well, and will follow the same framework.

Trustee • Jim Hazel

Olney School District and Village of Noble Water Nearby

Terms & Conditions:  The real estate is sold “as is,”  meaning at the at the time of purchase, the real estate is purchased in its current condition, without any guarantees, warranties, or assurances provided by the seller or Schmid Auction regarding its condition, potential improvements, or future performance. The buyer accepts the property with all existing features, defects, and conditions--known or unknown-and assumes full responsibility for its use and maintenance upon purchase.

The property will be sold in a manner resulting in the highest sale price, subject to seller confirmation. Immediately following the conclusion of the auction, 10%  of the purchase price is due and the buyer will be required to enter into a purchase agreement on-site. The remainder of the purchase price is due at the closing, which is approximately 40 days after the sale. 

The current crop belongs to the farm tenant, and farming rights will transfer to the new owner following the completion of the 2025 soybean harvest.

All maps, boundaries, and visual markers provided, whether herein, in brochures or online materials, or on-site are approximate and for general reference only. They are merely estimates and are to be used simply as guidelines.

Buyers and all interested parties are strongly encouraged to conduct their own independent inspections, investigations, and due diligence prior to the auction. All information provided is believed to be accurate but is subject to independent verification.

Auction day announcements take precedence over any previously distributed printed or digital material. Schmid Auction shall not be held responsible for accidents or errors and is otherwise released from any liability associated with the sale or property.