METHOD AND TERMS Acreages in this advertisement are estimated. A survey will be completed prior to the sale and all tracts will be sold on a price per acre basis, based on the acreages obtained from the completed survey. Tracts 1-4 will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) any or all of tracts 1-4 for their high bid. “Buyers Choice” auctioning will continue until all tracts have been elected. Tract 5 will then be sold for a lump sum total dollar amount. The tracts will not be offered in their entirety at the end of the auction. Bidding is NOT subject to financing, appraisal or inspection. Immediately following the auction, the winning bidder(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, payable to Professional Land title Corporation which shall hold the money in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before July 27, 2022 at Professional Land Title Company. Possession will be given at the time of closing. Farm will sell free & clear for the 2022 crop year. The 2022 real estate taxes will be prorated as of the closing date, all subsequent years’ real estate taxes will be the responsibility of the buyer(s). Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between the buyer & seller. All announcements made sale day take precedence over 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. Buyer 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”.
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SOILS - TRACT 2
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