SELLAFARMYOUR TEAM ON THE GROUNDRichland Co. IL Land Auction117.80+/- Ac., 113.28+/- Tillable, 4.2+/- CRPSaturday February 15th, 2014 10 AM CSTAuction Location: The Holiday, 1300 S. West Street, Olney, IL. Located .25 mi. North of Intersection of US Rt. 50 and IL Rt. 130.Tract 1-77.8+/- Acres, 74.64+/- Tillable, 2.30 CRPLand Location: 2 mi. East of Noble, IL -or- 5 mi. West of Olney, IL on US. Rt. 50 to Rd. 600E (Ridge Road), South 6 mi. to Rd. 300N (Bethel Lane), Land is located in SW corner of intersection.Brief Legal: Land in E1/2 NE1/4 Section 15, Decker Township, Richland County, Illinois. T2N-R8E.Soils: ALL NHEL. Cisne Silt Loam, Hoyleton Silt Loam, Bluford Silt Loam. Weighted Productivity Index: 108.3.Access: Direct access to Rd. 300N (Bethel Lane) on North and Rd. 600E (Ridge Road) on East.FSA Info: Corn Base Ac. 28.8, yield 95; Soybean Base Ac. 25.4, yield 33; Wheat Base Ac. 16.9, yield 44; Grain Sorghum Base Ac. 1.2, yield 65; Total Base Ac. 72.30. CRP Ac. 2.3. Contract expires 2018. Payment of $297.00. Buyer(s) will sign purchase contract day of sale stating buyer to continue CRP contracts -OR- pay any penalty & interest for taking any land out of CRP.Tract 2 -40.39+/- Acres, 38.64+/- Tillable, 1.90+/- CRPLand Location: 2 mi. East of Noble, IL -or- 5 mi. West of Olney, IL on US. Rt. 50 to Rd. 600E (Ridge Road), South 6 mi. to Rd. 300N (Bethel Lane), West .5 mi to Rd. 550E (Quarter Mile Road), South .5 mi. Land is located on East side of Road.Brief Legal: Land in NW1/4 SE1/4 Section 15, Decker Township, Richland County, Illinois. T2N-R8E.Soils: ALL NHEL. Cisne Silt Loam, Hoyleton Silt Loam, Bluford Silt Loam. Weighted Productivity Index: 108.3.Access: Direct access to Rd. 550E (Quarter Mile Road) on West.FSA Info: Corn Base Ac. 14.60, yield 95; Soybean Base Ac. 21, yield 28; Wheat Base Ac. 8.6, yield 44; Total Base Ac. 44.20. CRP Ac. 1.9. Two CRP contracts in place on property. Contract expiring 2018 paying $115.00 per year and contract expiring 2022 paying $148.00 per year. Buyer(s) will sign purchase contract day of sale stating buyer to continue CRP contracts -OR- pay any penalty & interest for taking any land out of CRP.R. E. Taxes: Tract 1- Parcel ID # 15-15-200-03, $82.24; also Parcel ID # 15-15-200-008, $228.12. Tract 2 - Parcel ID # 15-15-400-00, $145.48.Mineral Rights: Buyer to receive one half (1/2) seller's mineral rights, if anyFarm Rights: Current tenant to have 2014 farm rights. Buyer to receive 2014 income of $150 cash rent per acre. Buyer will have 2015 farm rights.Possession: Possession will be upon harvest of 2014 crop.Survey: Any survey cost to be paid by buyer. Any acreage difference discovered in survey will be reflected in price adjustment based upon original bid price per acre & original buyer's premium per acre. Terms: 10% down day of sale non-refundable escrow. 6% Buyer's Premium. Closing to occur as soon as necessary documents are prepared. Have financial arrangements made prior to sale. All information provided is from sources deemed reliable however not guaranteed. Parties relying on such are urged to perform due diligence and base their decisions upon that information. Being sold subject to owner approval. Log onto www.sellafarm.com or www.parrottauctions.com for photos, aerials and plat.Call Auctioneer Gregg Parrott mobile 618-843-4905 or for more information & showing. Larry, Michael & William Reed & Katherine S. Reed - Kane - Sellers
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