METHOD & TERMS The tracts will be sold on a price per acre basis, based on taxable acres. There will not be a survey conducted. All 3 tracts will be sold through the marketing method of “Buyers Choice,” whereas the high bidder can elect any or all tracts (in any order) for their high bid. If the high bidder does not elect all of the tracts, and there are tract(s) remaining, then the remaining tract(s) will be offered. This will continue until all of the 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 Monday, August 1, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. The 2022 real estate taxes will be prorated to the date of closing. Possession will be given at the time of closing, subject to a cash rent lease for the 2022 crop year only. The new buyer(s) will receive the 2nd & 3rd installments of the cash rent for the 2022 crop year. Contact auction company for details regarding the cash rent agreement. Bidding is NOT subject to the following 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”.
SOILS - TRACT 1
124.2
SOILS - TRACT 2
136.9
SOILS - TRACT 3
Auction to be conducted as a virtual, online auction. No internet buyer fees! No on-site bidding permitted. If you need assistance with internet bidding, please contact our office at (844) 847-2161. Thank you.
ONLINE BIDDING POWERED BY:
116.2
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