METHOD & TERMS Both tracts will be sold on a price per acre basis, based on a recently completed survey. The tracts will be sold through the marketing method of “Buyers Choice,” whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be offered. 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 Thursday, December 22, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for the 2023 and all subsequent RE taxes. Possession will be given at the time of closing. The farm sells free & clear of crop tenancy 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 acreages regarding CRP contracts and FSA cropland field splits are approximate and subject to final determination by the FSA office. Buyer(s) will assume the CRP contracts and hold the sellers harmless from any claims of damages once buyer takes possession. 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 PHOTOS, SOIL MAP, AERIAL VIDEO & MORE AVAILABLE ONLINE. WWW.SULLIVANAUCTIONEERS.COM
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