Wilson Farm Sale Bill

VIRTUAL ONLINE

FRANKLIN COUNTY, IOWA LAND AUCTION THURSDAY, NOVEMBER 16, 2023 AT 10:00 AM CT 160 ACRES± (SUBJECT TO SURVEY) • SELLING IN 2 TRACTS

HIGHLY PRODUCTIVE IOWA FARMLAND!

AUCTION MANAGER:

WILSON FARM LOCALLY KNOWN AS THE MARY ANN WILSON FARM Representing Attorney: Michael S. Vervaecke | Hayek, Moreland, Smith & Bergus, L.L.P. 120 East Washington Street, Iowa City, Iowa 52240 | (319) 337-9606

JEFF HOYER (319) 759-4320

JIM SULLIVAN (217) 440-8172

DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM

SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107

The Wilson farm is located in Section 22, Richland Township, Franklin County, Iowa. From Sheffield, Iowa proceed south 3 miles on Olive Avenue (S43) to 220th Street, then turn right or west and proceed 41/4 miles to the farm. Sheffield, Iowa is approximately 11 miles north of Hampton, Iowa. LOCATION & GENERAL INFORMATION

TRACT INFORMATION

TRACT 1 - 80 ACRES± (SUBJECT TO SURVEY) • FSA figures should indicate approximately 78.4 cropland acres. • Highly productive soil types include Clarion, Nicollet and Webster. • CSR2 of 82.9! • Access is on the south off of 220th Street. TRACT 2 - 80 ACRES± (SUBJECT TO SURVEY) • FSA figures should indicate approximately 78.4 cropland acres. • Highly productive soil types include Clarion, Okoboji and Nicollet. • CSR2 of 76.6! • Access is on the south off of 220th Street. AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. NO INTERNET BUYER FEES! IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847 - 2161

DRONE FOOTAGE AVAILABLE ON OUR WEBSITE

METHOD & TERMS

The Wilson farm will be sold in (2) individual tracts. Both tracts will sell on a price per acre basis, based upon a survey currently in progress. Surveyed acres will be used to constitute the final settlement price. Both tracts will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder may elect either or both tracts for their high bid. “Buyer’s Choice” auctioning will continue until both tracts have been elected. Immediately following the auction, the successful buyer(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 which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or about December 29, 2023 upon delivery of a merchantable abstract and deed. The 2023 real estate taxes will be paid by the seller. Possession will be given at the time of closing, subject to the current lease with the tenant. Both tracts sell free and clear for the 2024 farming season. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers 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 INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com

FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301

PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com

160 ACRES± (SUBJECT TO SURVEY) SELLING IN 2 TRACTS

VIRTUAL ONLINE | FRANKLIN COUNTY, IOWA LAND AUCTION THURSDAY, NOVEMBER 16, 2023 AT 10:00 AM CT

DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 WILSON FARM LOCALLY KNOWN AS THE MARY ANN WILSON FARM

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