Jack Bailey was a member of Faith Masonic Lodge #179. The fundamental tenets of Freemasonry are Brotherly Love, Relief, and Truth. Jack was a good Mason, a good neighbor, and good friend to all, and he certainly followed those fundamental tenets in his daily life. Having no children of his own, Jack chose to give his farm to Faith Lodge. He requested that the Lodge use the proceeds from the farm to provide scholarships for the children of others who desire to further their education after completing their basic education in Ringgold County. Jack’s philanthropy will help the youth of today achieve greater success and he will truly be remembered for the right reasons for many generations to come. A NOTE FROM THE MEMBERS OF FAITH MASONIC LODGE
METHOD & TERMS TRACT 2
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TRACT 5
The Faith Masonic Lodge of Mt. Ayr Farms will be sold on a price per acre basis, based on Taxable Acres. All 6 tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any or all tracts for their high bid. If the high bidder does not elect all tracts, then the remaining tracts will then be offered through the marketing method of “Buyer’s Choice” until all tracts are sold. The tracts will NOT be offered in their entirety at the conclusion of the auction. 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 in approximately 45 days on or about December 29, 2025 upon delivery of a merchantable abstract and Deed. The Real Estate Taxes will be prorated to the date of closing. Possession will be given at the time of closing subject to a lease with the current tenant for the 2025 farming season. All tracts sell with full farming rights for the 2026 crop year. 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 pertaining to this property. Real estate is being sold “AS IS”.
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