Timberland Sale Bill

VIRTUAL ONLINE

HANCOCK & MCDONOUGH COUNTY, IL LAND AUCTION TUESDAY, DECEMBER 12, 2023 AT 10:00 AM CT

737.49 ACRES • SELLING AS 8 TRACTS

PRODUCTIVE, TILLABLE FARMLAND WHICH SELLS FREE & CLEAR FOR THE 2024 CROP YEAR!

HTFF REIT, INC. Representing Attorney: R. Seth Hampton | Quattlebaum, Grooms & Tull PLLC PH (501) 379-1774 | shampton@qgtlaw.com

AUCTION MANAGERS:

JIM SULLIVAN (217) 440-8172

MICHAEL SULLIVAN (309) 333-0916

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

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

LOCATION & GENERAL INFORMATION The tracts are located in eastern Hancock & western McDonough Counties in IL. Tract 1 is located in Section 31, T5N - R5W, Tennessee Township. Tract 2 is located in Section 9, T5N - R4W, Tennessee Township. Tract 3 is located in Section 4, T5N - R5W, Hancock Township. Tracts 4 & 5 are located in Section 23, T6N - R5W, Fountain Green Township. Tracts 6 & 7 are located in Sections 1 & 12, T6N - R5W, Fountain Green Township. Tract 8 is located in Section 31, T7N - R5W, La Harpe Township. All tracts represent productive tillable farmland which sell free & clear for the 2024 crop year! In addition to the tillable cropland, some of the tracts offer excellent hunting & recreational opportunities. Make plans to check out this major Western Illinois land auction! TRACT INFORMATION TRACT 1 - 94.60 SURVEYED ACRES • FSA figures indicate 82.77 acres of cropland • Productivity Index (PI): 120.8 • Soil types include Clarkskdale, Keomah, Rushville, Rozetta & Timewell 737.49 ACRES • 8 TRACTS

TRACT 5 - 27 ACRES± (SUBJECT TO SURVEY) • FSA figures indicate 24 acres of cropland • Productivity Index (PI): 117.8 • Soil types include Clarksdale, Fishhook & Rozetta • Access is along the north side by E County Rd 2060 TRACT 6 - 157.58 SURVEYED ACRES • FSA figures indicate 145.47 acres of NHEL cropland in row crop production • An additional 12.25 acres of cropland are enrolled in CRP waterways (view website for CRP contracts) • Productivity Index (PI): 123.4 • Soil types include Atterberry, Rozetta, Muscatune, Fishhook, Stronghurst & Keller • Access is along the west side by N County Rd 2500 TRACT 7 - 123.90 SURVEYED ACRES • FSA figures indicate 95.32 acres of cropland • Productivity Index (PI): 118.3 • Soil types include Rozetta, Keomah, Sable, Stronghurst, Atterbury & Fayette • The non cropland acres represent timber & draws which offer excellent hunting & recreational opportunities • Access is along the east side by County Rd 3020E & along the north side by E County Rd 2350 TRACT 8 - 53.05 SURVEYED ACRES • FSA figures indicate 37.59 acres of cropland • Productivity Index (PI): 114.7 • Soil types include Rozetta & Stronghurst • The non cropland acres represent timber & draws which offer excellent hunting & recreational opportunities • Access is along the west side by County Rd 3020E

• The non cropland acres represent timber & draws which make for hunting & recreational opportunities • Access is along the east side by Hwy 61 TRACT 2 - 98.29 SURVEYED ACRES • FSA figures indicate 92.77 acres of cropland • Productivity Index (PI): 131.3 • Soil types include Ipava, Clarksdale, Rozetta, Assumption, Osco & Keomah • Access is along the north side by County Rd 1100N TRACT 3 - 94.28 SURVEYED ACRES • FSA figures indicate 74.50 acres of NHEL cropland • Productivity Index (PI): 128.8 • Soil types include Clarksdale, Virden, Ipava, Rozetta & Keomah • The non cropland acres represent timber & draws which make for hunting & recreational opportunities • Access is along the north side by E County Rd 1800 TRACT 4 - 88 ACRES± (SUBJECT TO SURVEY) • FSA figures indicate 81.92 acres of cropland (80.64 acres are NHEL) • Productivity Index (PI): 125.4 • Soil types include Clarksdale, Ipava, Fishhook, Rozetta & Osco • The non cropland acres represent a couple of small draws & waterways • Access is along the east side by N County Rd 3000 & along the north side by E County Rd 2060

LAHARPE

BLANDINSVILLE

FOUNTAIN GREEN

TENNESSEE

AERIAL MAPS

TILLABLE

SOIL MAPS ADDITIONAL INFORMATION, INCLUDING AERIAL MAPS, SOIL MAPS, PHOTOS & BIDDING AVAILABLE ONLINE: SULLIVANAUCTIONEERS.COM

TRACT 2

TRACT 1

120.8

131.3

TRACT 5

TRACT 3

TRACT 4

117.8

128.8

125.4

TRACT 6

TRACT 7

TRACT 8

114.7

123.4

118.3

TRACT 1

TRACT 1

TRACT 2

TRACT 5

TRACT 6

TRACT 7

METHOD & TERMS The farm will be sold on a price per acre basis, based on existing surveys. All 8 tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer 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 before Tuesday, January 16, 2024. The seller will provide title insurance in the full amount of the purchase price. Seller will retain the 2023 income and will pay the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession will be given at closing, subject to the remaining farm lease for the 2023 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, LLC pertaining to this property. Real estate is being sold “AS IS”.

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

TRACT 3

TRACT 3

TRACT 4

TRACT 7

TRACT 8

TRACT 8

ON BEHALF OF HTFF REIT, INC. & SULLIVAN AUCTIONEERS, A BIGIRON COMPANY THANK YOU FOR YOUR INTEREST IN THIS LAND AUCTION!

DRONE FOOTAGE AVAILABLE ON OUR WEBSITE

VISIT OUR WEBSITE WWW.SULLIVANAUCTIONEERS.COM FOR ADDITIONAL DETAILS & BIDDING!

JIM SULLIVAN (217) 440-8172

MICHAEL SULLIVAN (309) 333-0916

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

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

737.49 ACRES SELLING AS 8 TRACTS

VIRTUAL ONLINE | HANCOCK & MCDONOUGH COUNTY, IL LAND AUCTION TUESDAY, DECEMBER 12, 2023 AT 10:00 AM CT

HTFF REIT, INC.

DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107

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