Kerley (Piatt) Sale Bill

VIRTUAL ONLINE

PIATT COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 29, 2023 AT 1:00 PM CT 200 ACRES± (SUBJECT TO SURVEY) • SELLING AS 2 TRACTS

KERLEY PROPERTIES, LLC Title Company: Near North Title Group Doreen Miller, Senior Commercial Escrow Officer, Attorney 1 Bronze Pt., Swansea, IL 62226 | (618) 971-8822 | DMiller@nntg.com

KEVIN HAAS (309) 264-7767

JOHN BORROWMAN (217) 430-0645

RODNEY BORROWMAN (630) 247-0667

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

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

The Kerley farm is located 3 miles northeast of Cerro Gordo, IL, 6 miles southeast of Cisco, IL, or 14 miles northeast of Decatur, IL. The farm is further described as being located in Section 13, T17N- R4E, Willow Branch Township, Piatt County, IL. Farmers & investors don’t miss this opportunity to purchase a Class A farm located in close proximity to excellent grain markets. Farm sells with open farming and hunting rights for 2024! LOCATION & GENERAL INFORMATION

TRACT INFORMATION

TRACT 1 – 98 ACRES ± (SUBJECT TO SURVEY) • FSA figures should indicate 96 NHEL cropland acres • Productivity Index (PI): 139.7 (Class A) • Soil types include Drummer, Flanagan, Wyanet, Dana, Catlin, and Elburn • Improved with a grain bin, 20,000+ bu. capacity • 3-phase electricity • Access along the north side from E950N Rd, along the west side from N200E Rd, and along the south side from E900N Rd. TRACT 2 – 102 ACRES ± (SUBJECT TO SURVEY) • FSA figures should indicate 97.4 NHEL cropland acres • Productivity Index (PI): 137.7 (Class A) • Soil types include Elburn, Plano, Proctor, Drummer, Dana, Flanagan, and Wyanet • Access along the north side from E950N Rd and along the south side from E900N Rd • Aeriation floor • 2 aeriation fans • Stirator (needs repair)

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 2

TRACT 1

139.7

137.7

DRONE FOOTAGE AVAILABLE ON OUR WEBSITE

METHOD & TERMS

The Kerley farm will be sold on a price per acre basis, based on surveyed acres. Both 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 Friday, December 29, 2023. The seller will provide title insurance in the full amount of the purchase price and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession at closing, subject to existing lease for the 2023 crop year (current lease ends January 1, 2024). 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

200 ACRES± (SUBJECT TO SURVEY) SELLING AS 2 TRACTS

VIRTUAL ONLINE | PIATT COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 29, 2023 AT 1:00 PM CT

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

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