THE UNDERSIGNED WILL OFFER THE FOLLOWING TRACT AT PUBLIC AUCTION AT GREEN RIVER COUNTRY CLUB – ½ MILE EAST OF WALNUT - 15212 IL HWY 92 WALNUT, IL 61376
FOR PICTURES AND BROCHURE
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The farm is well located 2 miles North of Ohio, Illinois bordering State Route 26 in Section 28 of East Grove Township, Lee Co. Illinois.
TRACT 1: 40.8 +/- Acres located in Part of the North Half of the Southeast Quarter of Section 28 of East Grove Township (T19N, R 9E) Lee County, Illinois. PPN: 08-20-28-400-002. 2016 Taxes payable 2017 were $559.80. The PI is estimated at 122.3 using Optimum Crop Productivity Rating for Illinois Soils. See Brochure for Soil Information.
SELLER:
ALBERT SCHULTE & MARIE SCHULTE TRUST
MARCUS SCHULTE AND CAROLYN WALLACE, CO-TRUSTEES
DAVID BADGER, ATTORNEY FOR THE TRUST
TERMS OF THE SALE
The farms will be sold on a dollar per acre basis based on the above reported acres. The successful bidder will be required to pay ten percent (10%) down the day of the auction and the balance will be due on or before December 15, 2017. Taxes for 2017 will be provided as a credit to the purchaser based on 2016 taxes. The farm is leased for the 2017 crop year and the Seller shall retain the income for 2017. Open tenancy for 2018. A title policy in the amount of the purchase price, subject to standard and usual exceptions, will be furnished to the buyer at closing. All announcements made day of sale take precedence over previous advertised or announced terms and/or conditions. Seller has the right to accept or reject any and all bids.