Musgrove auction booklet

TRACT INFORMATION TRACT 1 - 35 Acres± (Subject to survey) • FSA figures should indicate approximately 32.9 cropland acres • Land represents highly productive tillable cropland with blacktop frontage on two sides • Soil types: Adco, Edina & Lamoni • Access from the north by Hwy U and from the east by Hwy RA TRACT 2 - 72 Acres± (Subject to survey) • FSA figures should indicate approximately 63.5 cropland acres • Land represents productive tillable cropland with blacktop frontage on two sides • Soil types: Lamoni, Adco, Edina & Lindley • Access from the north by Hwy U and from the west by Hwy RA TRACT 3 - 72 Acres± (Subject to survey) • FSA figures should indicate approximately 9.5 cropland acres • Land represents productive tillable cropland, hardwood timber & prime Northern Missouri Whitetail Deer & Wild Turkey hunting acreage • Tract includes an approximate 20’ open strip along north edge of timber line for access • Soil types: Lamoni, Adco, Lindley & Edina • Access from the north by Hwy U and from the west by Hwy RA

METHOD & TERMS Acreages in this advertisement are estimated. A survey will be completed prior to the sale and tracts 1-3 will be sold on a price per acre basis, based on the acreages obtained from the completed survey. Tracts 1-3 will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) any or all of tracts 1-3 for their high bid. “Buyers Choice” auctioning will continue until all 3 tracts have been elected. The tracts will not be offered in their entirety at the conclusion of the auction. Bidding is NOT subject to financing, appraisal or inspection. Immediately following the auction, the winning bidder(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment, payable to Oak Hills Title Company, which shall hold the money in escrow until closing. The balance of the purchase price will be due at closing. Closing will take place on or before February 23, 2023 at Oak Hills Title Company. Possession will transfer at closing. The 2022 real estate taxes will be paid by the seller, the 2023 real estate taxes and all subsequent years will be the responsibility of the buyer(s). Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between the buyer & seller. All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate, however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyer should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.

ADDITIONAL INFORMATON, PHOTOS & BIDDING ONLINE: www.SullivanAuctioneers.com

www.SullivanAuctioneers.com

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