Access is along the southwest side by Point Pleasant Rd

Tract 2 - 26.13 acres (subject to survey)

FSA figures should indicate 27.31 acres of NHEL cropland

Productivity Index (PI): 125

Soil types include Lawson, Titus and Vesser

Access is along the south side from Point Pleasant Rd or from the east from North Bottom Rd

METHOD & TERMS

The Kenady farm will be sold on a price per acre basis, based on taxable acres for Tract 1 and surveyed acres for Tract 2. Both tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract will continue to be offered Buyers Choice until all 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 Friday, February 6, 2026.

The seller will provide title insurance in the full amount of the purchase price and pay the 2025 real estate taxes, due and payable in 2026, through credit at closing, said credit to be based on the most recent ascertainable tax year. Possession at closing. Open farm lease for 2026 crop year.

Bidding is NOT subject to any 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, pertaining to this property. Real estate is being sold AS IS.

Representing Attorney:

Michael A. Bickhaus | Schmiedeskamp Robertson Neu & Mitchell LLP

525 Jersey St, Quincy, IL 62301 | (217) 223-3030

Auction Managers:

Louie Zinn (319) 795-2314

Michael Sullivan (309) 333-0916