F arm Land P ublic A uction - John Leezer
PUBLIC LAND AUCTION 80.59 Acres—In Henry County, IL November 12, 2015 at 9 am Auction to be held at American Legion Post 45, 18 Wallace St., Galva, IL
Part of the NW 1/4 of Section 24, 14N 4E, Galva Township, Henry County, IL
Location of Farm:
2 miles east of Galva, IL at 300N and 2250E
Total Acres:
80.59 (NHEL) FSA Tillable Acres: 77.28
Soils: Ipava and Osco PI: 140.4 Corn Yield 189.2 (U of I B811) Tax ID: 24-24-100-001 2014 Real Estate Taxes : $2786 or $35/Acre USDA Program: ARC—County Survey:
Seller to provide survey.
Lease:
The farm lease is open for 2016.
Improvements:
Barn, 2 Bins, Shed
Terms/Order of Sale: Full terms of sale are attached. Sellers reserve the right to reject any and all bids.
Owner: Dennis Cromien and Susan Galler Broker for Seller John A Leezer/Managing Broker Maloof Farm & Land 127 W Main, Toulon, IL 61483 (309) 286-2221 [email protected] www.johnleezer.com
Disclaimer: The information provided is taken from sources believed to be accurate and reliable. However, no liability is assumed for errors or omissions. There are no warranties, expressed or implied. Buyers are advised to conduct their own inspection. The attorney and broker conducting the sale are exclusively representing the seller.
V-10/21/15
Farm Land Public Auction
Brief Legal:
John Leezer Farmland Sales TERMS OF SALE FOR:
Dennis Cromien and Susan Galler
Part NE 1/4, Section 24, 14N 4E, Galva Township, Henry, IL AS IS
Property is being sold in AS-IS Condition with no warranties expressed or implied. Buyer is advised to make a thorough inspection.
DEPOSIT
Buyer is required to pay an earnest money deposit of $ 100,000 on day of sale. This deposit is NON REFUNDABLE and will be applied to the purchase price at closing.
CLOSING
Within 30 days of auction day.
POSSESSION
Possession to be delivered at closing. Prior tenant retains possession of buildings until March 1, 2016.
LEASE
No lease in effect for 2016.
CONTINGENCY
There are no contingencies including those for inspections or financing.
CONTRACT
Successful bidder will be required to enter into seller’s provided real estate purchase agreement. The seller’s provided real estate purchase agreement will be available for buyer’s review prior to start of auction.
AGENT
Agents/Brokers/Auctioneers/Maloof Farm & Land are acting as agent for the seller only and there is no agency relationship with the buyer.
ANNOUNCEMENTS
All announcements made on day of sale supersede all other prior written or verbal announcements.
RESERVE
Seller reserves the right to reject all bids. This is not an absolute auction.
EVIDENCE OF TITLE
Seller will provide merchantable title in the form of a title insurance commitment and an warranty deed.
REAL ESTATE TAXES
SELLER to pay 2015 Real Estate taxes payable in 2016. BUUYER will be given credit at closing.
SURVEY
Seller will provide a survey.
MINERAL RIGHTS
All mineral rights owned by SELLER, if any, will be transferred to BUYER.
BUYER’S PREMIUM
No buyers’ premium on this sale.
Disclaimer:
All information contained herein is taken from sources believed to be accurate. However, BROKER and SELLER make no warranties as to the accuracy. BUYERS are advised to make a thorough inspection.
Part of the NW 1/4 of Section 24, 14N 4E, Galva Township, Henry County, IL
Location of Farm:
2 miles east of Galva, IL at 300N and 2250E
Total Acres:
80.59 (NHEL) FSA Tillable Acres: 77.28
Soils: Ipava and Osco PI: 140.4 Corn Yield 189.2 (U of I B811) Tax ID: 24-24-100-001 2014 Real Estate Taxes : $2786 or $35/Acre USDA Program: ARC—County Survey:
Seller to provide survey.
Lease:
The farm lease is open for 2016.
Improvements:
Barn, 2 Bins, Shed
Terms/Order of Sale: Full terms of sale are attached. Sellers reserve the right to reject any and all bids.
Owner: Dennis Cromien and Susan Galler Broker for Seller John A Leezer/Managing Broker Maloof Farm & Land 127 W Main, Toulon, IL 61483 (309) 286-2221 [email protected] www.johnleezer.com
Disclaimer: The information provided is taken from sources believed to be accurate and reliable. However, no liability is assumed for errors or omissions. There are no warranties, expressed or implied. Buyers are advised to conduct their own inspection. The attorney and broker conducting the sale are exclusively representing the seller.
V-10/21/15
Farm Land Public Auction
Brief Legal:
John Leezer Farmland Sales TERMS OF SALE FOR:
Dennis Cromien and Susan Galler
Part NE 1/4, Section 24, 14N 4E, Galva Township, Henry, IL AS IS
Property is being sold in AS-IS Condition with no warranties expressed or implied. Buyer is advised to make a thorough inspection.
DEPOSIT
Buyer is required to pay an earnest money deposit of $ 100,000 on day of sale. This deposit is NON REFUNDABLE and will be applied to the purchase price at closing.
CLOSING
Within 30 days of auction day.
POSSESSION
Possession to be delivered at closing. Prior tenant retains possession of buildings until March 1, 2016.
LEASE
No lease in effect for 2016.
CONTINGENCY
There are no contingencies including those for inspections or financing.
CONTRACT
Successful bidder will be required to enter into seller’s provided real estate purchase agreement. The seller’s provided real estate purchase agreement will be available for buyer’s review prior to start of auction.
AGENT
Agents/Brokers/Auctioneers/Maloof Farm & Land are acting as agent for the seller only and there is no agency relationship with the buyer.
ANNOUNCEMENTS
All announcements made on day of sale supersede all other prior written or verbal announcements.
RESERVE
Seller reserves the right to reject all bids. This is not an absolute auction.
EVIDENCE OF TITLE
Seller will provide merchantable title in the form of a title insurance commitment and an warranty deed.
REAL ESTATE TAXES
SELLER to pay 2015 Real Estate taxes payable in 2016. BUUYER will be given credit at closing.
SURVEY
Seller will provide a survey.
MINERAL RIGHTS
All mineral rights owned by SELLER, if any, will be transferred to BUYER.
BUYER’S PREMIUM
No buyers’ premium on this sale.
Disclaimer:
All information contained herein is taken from sources believed to be accurate. However, BROKER and SELLER make no warranties as to the accuracy. BUYERS are advised to make a thorough inspection.
