Prater Book

VIRTUAL ONLINE

MONROE COUNTY, IOWA LAND AUCTION THURSDAY, SEPTEMBER 29, 2022 AT 1:00 P.M.

360.38 SURVEYED ACRES • SELLING IN 4 TRACTS

MERLE D. PRATER REVOCABLE TRUST PHIL PRATER, MERLA SCHMELL & CAMILLA WILLIAMSON – SELLERS Representing Attorney: Thomas L. Anders | Anders Law Office | 508 Drake Ave, Centerville, Iowa 52544 | (641) 856-6088 AUCTION MANAGER: JOHN PROBASCO (641) 856-7355 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | LICENSE #444000107

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

LOCATION The Prater farm is located in Section 34, Franklin Township, Monroe County, Iowa. 4 miles west of Moravia, Iowa (10 miles south of Albia, IA). From Moravia, Iowa go west 4 miles on Co. Rd. J18 to 200th Ave. Turn right or north and proceed a ½ mile to the farm. (Be watching for presale directional signs)

TRACT INFORMATION TRACT 1 - 239.35 SURVEYED ACRES • FSA information should indicate 172 acres of tillable cropland, currently in improved pastureland. The balance of the tract is in wooded draws. • Gara, Pershing & Olmitz-Colo-Vessor soils. • CSR2 is 46.9. • Access is on the south by 278th St. TRACT 2 - 40.34 SURVEYED ACRES • FSA information should indicate 31.28 acres of tillable cropland, currently in im- proved pastureland. The balance of the tract is in wooded draws. • Lamoni, Clarinda & Gara soils. • CSR2 is 27. • This tract is improved with an over 4 acre pond. • Access is on the north by 278th St. TRACT 3 - 42.50 SURVEYED ACRES • FSA information should indicate 32.70 acres of tillable cropland, currently in row crop & hay production. The balance of the tract is in waterways. • Arispe, Grundy & Haig soils. • CSR2 is 64.2. • This tract is improved with a 52’ x 52’ hay/ livestock barn, cattle holding pens and a nice pond. • Access is on the north by 278th St. & on the west by 600th Ave. TRACT 4 - 38.19 SURVEYED ACRES • FSA information should indicate 32.75 acres of tillable cropland, currently in row crop & hay production. The balance of the tract is in waterways and a wooded draw. • Clarinda, Grundy & Arispe soils. • CSR2 is 51.6. • Access is on the north by 278th St. & on the west by 600th Ave.

METHOD & TERMS The Prater farm will be sold in four (4) individual tracts based on a surveyed acres that has recently been completed, with the final surveyed acres to constitute the final settlement price. Tracts will be sold through the marketing method of “Buyer’s Choice”, whereas the high bidder can take any or all tracts for their high bid. The farm will NOT be offered in its entirety or in any combinations. Bidding is NOT contingent upon financing, an appraisal or inspection. Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Monday, October 31, 2022 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. Possession will be given at the time of closing subject to a lease with the tenant. All tracts sell with full farming rights for the 2023 crop year. All announcements sale day shall take precedence over any 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. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.

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

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

360.38 SURVEYED

VIRTUAL ONLINE | MONROE COUNTY, IOWA LAND AUCTION THURSDAY, SEPTEMBER 29, 2022 AT 1:00 P.M.

ACRES SELLING IN 4 TRACTS

DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 MERLE D. PRATER REVOCABLE TRUST Phil Prater, Merla Schmell & Camilla Williamson – Sellers

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